’Net-zero’ pledges have been made globally over the past few years, committing organisations to manage greenhouse gases emissions. In 2021, more firms and governments committed themselves to becoming net-zero before 2050 with the aim of fighting climate change. Net-zero targets are a critical tool to fight climate change and stakeholders are pushing companies to make
The Getting to Zero Coalition, a group of leading maritime companies and environmental NGOs dedicated to reducing carbon emissions from shipping, has released a new report calling for carbon pricing of about $200 per tonne of CO2. To make green future fuels more cost-competitive with conventional HFO and VLSFO, the coalition says that a combination
Ørsted, a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, will acquire 45 percent stake in FlagshipONE e-methanol project from Liquid Wind AB, a Swedish circular carbon energy company with focus on bringing renewable methanol to the market at scale. FlagshipONE is a late-stage development project
Australia’s first commercial shipment of super-cooled liquid hydrogen will soon be on its way to Japan, project partners say. Scientists at CSIRO have been working with industry on the first stage of a $500 million hydrogen energy supply chain (HESC) project as the next phase for Victoria’s coalfields. Australia is separated by more than 1500km
More than 450 scientists from across the world but mostly from the US, have together called on the executives of major advertising and public relations firms to drop their fossil fuel clients to help stop spread of disinformation around climate change. Stating that climate actions are hugely and negatively impacted by such publicity, the scientists,
Bill Gates is excited about how many new climate tech start-ups have popped up in recent years. He also thinks that plenty of them won’t last. “The number of companies working on these things is very exciting,” Gates said in a virtual session of the World Economic Forum. “Some of them will fail. A lot
Bilfinger Tebodin has successfully delivered engineering, procurement, overall project and construction management services (EPCM) for the Swiss firm Clariant in Romania. Its first full-scale commercial sunliquid® plant for the production of cellulosic ethanol from agricultural residues is mechanically complete and is now ready for start-up. The flagship plant will process 250,000 tonnes of straw to
India & Denmark agreed to initiate joint research and development on green fuels including green hydrogen, during the Joint S&T Committee meeting in January 2022. The Joint Committee discussed national strategic priorities and developments in Science, Technology, and Innovation of both countries with a special focus on green solutions of the future – strategy for
The move by state-run explorer Oil India Ltd to exit the US shale business months after Reliance Industries divested all its US shale assets signals the intent of India’s oil companies to reduce their overseas footprint and focus at home where the energy landscape is expected to change at breakneck speed, analysts told S&P Global
India’s production of crude oil, which is refined to produce petrol and diesel, continued to decline in December 2021, with lower output from state-owned ONGC leading to a near 2 per cent drop, official data showed on Wednesday. Oil production in December 2021 was 2.51 million tonnes, down from 2.55 million tonnes a year earlier