Research focuses on molybdenum disulfide for less expensive hydrogen fuel

It is often found that electrocatalyst platinum, a metal so rare that it’s typically more expensive than gold, and using it for hydrogen production makes production process more costly than traditional sources of renewable energy and fossil fuels. Recently, scientists have been studying a lower cost alternative called molybdenum disulfide, which is a two-dimensional compound

India-G7 partnership proposed for creating decarbonization fund

On behalf of the G7, the US and Germany have proposed setting up just energy transition partnership (JETP) partnership to help fund and support India’s transition from a fossil-based economy to a carbon-neutral economy. The JETP paper for India, which is currently under consideration of the government, has suggested a two-phased approach. In the first

Global carbon dioxide increased to highest levels in May 2022: NOAA

According to the National Oceanic and Atmospheric Administration (NOAA), the main US climate agency, concentrations of CO2 in the atmosphere in May this year were 50 percent higher than during the pre-industrial era, reaching levels not seen on Earth for about four million years. The global warming caused by humans – through the production of

G7 commits to stop funding fossil fuel projects

The energy and environment ministers from all G7 countries agreed at a meeting in Berlin to end taxpayer funding for oil, gas and coal projects overseas from the end of this year. According to the analysts, this agreement could shift about $33bn (£26bn) a year from fossil fuels to clean energy sources. The G7 member

Sri Lanka to implement renewable energy generation plan

It has been announced in Sri Lanka that a ‘Renewable Energy Generation Plan’ will be implemented starting from June 1, 2022. The policy is aimed at enhancing the renewable energy generation and its share in the energy mix of the country. The information has been shared by the Minister of Power and Energy, Kanchana Wijesekera.

The Dutch government offers subsidies to install hybrid heat pumps

Government in the Netherlands has announced plans to ban fossil fuel boilers and make hybrid heat pumps the standard for heating homes from 2026. The government offers subsidies for the purchase of hybrid heat pumps, which has been increased to an average of 30% from this year. It intends to set requirements for the efficiency

Fossil fuel projects get nod from UK govt post COP26 summit

The UK government has given nod to several fossil fuels projects after COP26 summit held at Glasgow in 2021. According to the analysis it is learned that more than 50 schemes are thought to be in the pipeline between now and 2025. These approvals are part of a worldwide expansion of fossil fuels in spite

A study finds eliminating fossil fuel pollution would avoid 50,000 deaths annually

Using data from the Environmental Protection Agency, researchers at the University of Wisconsin-Madison estimate that about 50,000 premature deaths would be avoided every year if microscopic air pollutants called particulates were eliminated in the US. Premature death and hospitalization are also extremely expensive for the US economy. The study estimates that eliminating such air pollution

Russian fossil fuel exports increased since Ukraine invasion

A latest report by a Finland-based think tank has revealed that the fossil fuel exports have been one of the key factors in the Russian invasion of Ukraine. The Centre for Research on Energy and Clean Air in its report has delved into the fossil fuel exports by Russia, of which the European Union has

Bank shareholder proposals to curb new fossil fuel lending get slim support

Shareholder proposals asking banks to take stronger action on climate change by ending new fossil fuel financing activities failed to get much support at investor meetings. Investors at Citigroup and Bank of America gave little backing to proposals essentially asking the banks to stop financing new fossil fuel supplies, with less than 13% of shares