Baghdad’s deputy prime minister Ali Allawi and IEA executive director Fatih Birol urged the international community to help Iraq transition away from fossil fuels. Oil-producing countries, such as Iraq, need the support of the international community to transition their rentier economies away from fossil fuels and to adopt cleaner energy, said the country’s deputy prime […]
Schumer Says Infrastructure Bills Edge U.S. Close to Biden Climate Goals – EQ Mag Pro
WASHINGTON : Senate Majority Leader Chuck Schumer said on Wednesday that the United States would be on track to meet its climate goals in the next decade, with measures introduced in two infrastructure bills along with efforts by states and the federal government. President Joe Biden in April hiked the U.S. target for slashing economy-wide […]
India Only Country in G-20 Which is Moving Fast Towards Achieving Its Climate Goals: PM – EQ Mag Pro
New Delhi : India is the only country in the group of G-20 countries which is moving fast towards achieving its climate goals, Prime minister Narendra Modi said on Sunday, asserting that it is giving equal emphasis to environmental security as to national security. Modi said India has also made a move towards electric mobility […]
Significant Progress Made by India in Meeting Its NDC Targets While Staying Committed to Meeting Its Climate Goals Under the Paris Agreement: Shri RK Singh
India has already achieved emission reduction of 28% over 2005 levels; all set to exceed its NDC commitments before 2030 India already has achieved 38.5 % installed capacity from renewables Power Minister urges G20 nations with per capita GHG emissions above the world average to reduce their emissions G20 Energy and Climate Joint Ministerial Meeting […]
EU Launches Green Bond Framework to Help It Meet Climate Goals
Green Bond Standard aims to be ‘gold standard’ Aligned with bloc’s sustainable finance framework Third-party checks on bonds to be backed up by regulator The European Commission on Tuesday proposed a new European Green Bond Standard to drive money into projects that will help the bloc meet its mid-century climate goal of net zero carbon […]
Equinor to Spend More on Renewables, Sets Medium-Term Climate Goals
Equinor will increase the share of investment it dedicates to renewable energy and so-called low-carbon solutions as it seeks to broaden its business, the Norwegian oil and gas producer said in a strategy update on Tuesday. The company will increase its dividends and introduced a new share buyback initiative, it said. Equinor will increase the […]
China Warns Two-Thirds of Regions For Missing Energy Targets
The worst offenders were the eastern province of Zhejiang, the provinces of Yunnan and Guandong and the Guangxi region in southern China, which received red ratings, the lowest, for both their consumption and intensity targets. BEIJING : China’s state planner on Thursday warned provincial and regional governments against missing their energy consumption and efficiency targets […]
Biden Climate Goals to Take Backseat in Biggest U.S. Power Grid
The power grid serving nearly 20% of the U.S. population is about to throw a roadblock in President Joe Biden’s plan to decarbonize the electricity sector. PJM Interconnection LLC, which keeps the lights on for 65 million people from Chicago to Washington, D.C., is expected to clear a fleet of new natural gas plants– and […]
Hydrogen project pipeline tops $300 billion—report
Most of the world’s planned hydrogen projects and the biggest chunk of related investments this decade are expected to be in Europe, an industry report said on Wednesday, as the continent races to scale up the low-carbon fuel to meet climate goals. The European Union has made hydrogen a key plank in its aim to […]
Europe pulls ahead in race for hydrogen, as global project pipeline grows -report
Most of the world’s planned hydrogen projects and the biggest chunk of related investments this decade are expected to be in Europe, an industry report said on Wednesday, as the continent races to scale up the low-carbon fuel to meet climate goals. The European Union has made hydrogen a key plank in its aim to […]
