In less than a decade, solar power will be economic in comparison to local fossil fuels globally, while wind will be economic in more than half of cases. This is according to a new report from thinktank Carbon Tracker, which found currently around 60% of solar generation and 15% of wind generation is economic when […]
UK government announces landmark deal in green energy transition
High-skilled oil and gas workers and the supply chain will not be left behind in the transition to a low carbon future, the Britain government vowed on Wednesday as a landmark North Sea Transition Deal is agreed with industry. London: High-skilled oil and gas workers and the supply chain will not be left behind in […]
Surge in Britian’s Renawabale Power Exposes Grid Risks
A record year for renewable power in the U.K. showed the need for a broader suite of green technologies to balance the grid once fossil fuels fade away entirely. Green power exceeded coal and gas generation in the country’s energy mix for the first time in 2020. While this is a step in the right […]
Inauguration of President Biden Kicks Energy and Climate Agenda Into Action
Hours after being sworn in, Joe Biden resubmits U.S. to Paris Agreement and lays the groundwork for a major climate-change mitigation push. U.S. President Joe Biden hit the ground running Wednesday, with plans to sign a raft of executive orders to start the process of reversing Trump administration environmental and energy regulations and set the […]
NSW’s clean energy plan means the federal government is even more isolated on fossil fuels
Angus Taylor’s dire warnings about abandoning coal are going unheeded as the states forge their own path towards renewables There may have been other weeks that packed in as many transformative developments in clean energy in Australia as the past seven days, but they don’t come often. On Friday, the New South Wales parliament passed […]
How China is set to lead the world away from fossil fuels
For decades, China has been the largest emitter of carbon dioxide in the world – by a large margin. In 2018, the global powerhouse produced 10.06 billion metric tonnes, almost double the 5.41 billion that the second-placed United States produced in the same time period. As the world looks to reduce these carbon emissions and […]
Prime Minister Modi underscores 7 key pillars of India’s energy strategy
He also mentioned that India has saved around Rs 24,000 crore annually through the installation of 11 million smart LED street lights which have reduced the greenhouse gas emissions by an estimated 4.5 crore or 45 MT of CO2 annually New Delhi: Prime Minister Narendra Modi today highlighted seven key pillars of India’s energy strategy […]
Utility Global Comes Out With Bold Claims for Cheaper, Cleaner ‘Blue’ Hydrogen
Like the green variety, blue hydrogen is expensive to produce compared to traditional processes. A Utah startup claims a breakthrough. Utility Global, a Utah-based startup focused on solid oxide electrolyzer technology, claims to have received investment offers from oil majors after coming up with what it calls a hydrogen breakthrough. The innovation is a new […]
WoodMac: Biden Loss Would End Hopes of US Decarbonization by 2050
The stakes are every bit as high as the energy industry and climate change activists say they are. The upcoming U.S. presidential election will dictate the pace of decarbonization in the world’s largest economy for decades, according to new research from Wood Mackenzie. Democratic nominee Joe Biden’s $2 trillion climate plan, including a pledge to […]
India’s total energy subsidies in FY14-FY19 period
In FY19, subsidies for oil, gas and coal amounted to Rs 83,134 crore, compared to Rs 11,604 crore for renewables and electric mobility In FY 2014, fossil fuel subsidies have fallen by more than half, largely driven by falling world oil prices and policy reforms to diesel and kerosene pricing, while subsidies for RE and […]
