President Biden made headlines with his recent executive order directing federal agencies to achieve net-zero greenhouse emissions by 2050, including meeting ambitious goals this decade to decarbonize federal vehicles, buildings and electricity use. While the President’s plan would make only a dent in US emissions overall, the real aim is to use the government’s vast
The American Legislative Exchange Council is pushing cookie-cutter laws that could lock pension funds and taxpayers into losing deals—while propping up coal and other fossil fuel firms. It all starts with an innocuous bit of jargon. “ESG pressures by national environmental groups is driving banks, insurance companies and investment managers to abandoned fossil fuels,” argues
Buried deep inside the Rolls-Royce plant at Filton in Bristol is a bare brick room where the Olympus engines that powered Concorde and the Pegasus fans for the Harrier jump jet were put through their paces. Now it is testing a generator the size of a washing machine drum designed to burn green fuels and
Rolls-Royce says it will ensure a climate-neutral energy supply at the container terminal currently under construction at the Port of Duisburg in Germany. Rolls-Royce’s Power Systems business unit is supplying its latest mtu hydrogen technology for this purpose, in order to supply the future terminal with electrical energy and heat in a sustainable manner: mtu
India’s green bond issuance is set to reach a new record in 2022, following an exceptionally strong 2021. Corporate and bank issuers in India are likely to tap the climate-related debt market more actively as the world’s third-largest emitter of carbon dioxide will need as much as $10 trillion to be carbon-neutral by 2070, experts
Spain is rejecting the European Commission’s proposal to classify nuclear energy and natural gas-powered plants as green technology. In a statement released on Saturday, the Commission said it had begun consulting with EU member states on a text that will later be sent to the European Parliament and Council for scrutiny. The document is part
Ducon Infratechnologies Limited, India’s leading Fossil Fuel Clean Technologies Co will provide its proprietary Coal Clean Technology, Fuel Gas Desulphurization (FGD) system for a 2×600 MW Thermal Power Plant, of the Singareni Collieries Company Ltd., awarded to an EPC organization Ducon has partnered with. This project was jointly bid by Ducon’s affiliate, Ducon Technologies Inc.,
Production of New Zealand’s first green hydrogen plant has officially begun. The 1.5 MW green hydrogen plant, located in Taupo, was built by Halcyon Power and uses electricity generated from the nearby Mokai geothermal power plant. Halcyon Power is a 50/50 joint venture between Tuaropaki’s trust and Japan-based Obayashi Corporation. According to Halcyon Power project
The global hybrid and full electric marine propulsion market bears a fairly fragmented vendor landscape, says Transparency Market Research (TMR) in a recently published report. This is solely because of the existence of large, medium, and small scale players in the market. BAE Systems, Wartsilla Corporation, AB Volvo Penta, Niigata Power Systems, and Fairbanks Morse
Australia’s biggest miners are preparing for a day of reckoning. Shipping accounts for two to three per cent of global greenhouse gas emissions so manufacturers and retailers are no longer just considering what appears in national targets. Even though individual governments are not on the hook for these supply chain emissions, some of Australia’s largest