PARIS: French oil major Total TOTF.PA , which is making a major push to develop its renewable energy portfolio, said on Friday it had bought 2.2 gigawatts (GW) of solar projects in Texas, adding to a rush of acquisitions elsewhere this year. Europe’s top energy companies have outlined plans to curb emissions and boost renewable energy […]
IEA launches global group to tackle fallout from energy transition
Birol said he was optimistic the new U.S. administration would join other major economies in committing to a net zero emissions target by mid-century. President Biden has temporarily suspended the issuing of permits for oil and gas drilling in federal acreage, reversing the direction taken by his predecessor Donald Trump who had sought to maximise […]
Total adds to renewable gas push with Fonroche acquisition
It gave no financial details for the Fonroche purchase. Total aims to produce 1.5 terawatt-hours of biomethane a year by 2025, the group said in a statement PARIS: French oil group Total said on Monday it had acquired Fonroche Biogaz, a leading producer of renewable gas in France with nearly 500 gigawatt-hours of installed capacity. […]
Total to keep up renewables energy investments in 2021 – CEO
Total is trying to reduce its dependence on oil and shift towards electricity and renewable energy, and aims to have 35 gigawatts (GW) of gross renewable energy generation capacity by 2025 from around 9 GW now PARIS: Total will be as active in adding renewable energy assets in 2021 as it was last year, Chief […]
India top performer in Paris agreement, says Javadekar
Environment Minister Prakash Javadekar has said, India is a top performer in Paris agreement and will achieve the carbon emission target soon. Addressing media in New Delhi this afternoon, Mr Javadekar said, the emission intensity reduction target for India was 35 per cent and it has already achieved 21 per cent of it. The Minister […]
Trump promotes pulling U.S. from Paris climate accord in speech touting ‘America First’
PITTSBURGH/WASHINGTON : President Donald Trump on Wednesday affirmed plans to pull the United States out of the Paris climate agreement, less than two weeks before his administration can formally start the process. At an energy conference in Pittsburgh, Trump touted surging U.S. natural gas and crude oil output, his efforts to roll back regulations on […]
Climate change: India pitches for financial support
In the run-up to two key UN summits on Climate Change, India has raised the pitch for finance and technology support to developing nations to achieve the Paris Agreement goals of keeping a global average temperature rise this century well below 2 degrees Celsius. Union Minister for Environment, Forest and Climate Change Prakash Javadekar said […]
India will overachieve Paris pact targets by 60%: IEEFA
India would significantly exceed its 2015 Paris Agreement target of a 40 per cent share of installed power capacity from non-fossil fuel sources by 2030. New Delhi: India would significantly exceed its 2015 Paris Agreement target of a 40 per cent share of installed power capacity from non-fossil fuel sources by 2030, the US-based Institute […]
Japan sets carbon-neutral goal as UK plans climate laws
Japan has joined Britain in pledging to become carbon neutral later this century, as the world races to prevent catastrophic climate change, but critics blasted Tokyo’s plan as unambitious. While Britain on Wednesday outlined plans for fast-track legislation that would reduce carbon emissions to net zero by 2050, Japan’s policy only pledges to meet the […]
UN chief Guterres says world ‘not on track’ with climate change
In a strong message for action on climate change, Guterres said international political resolve was fading and it was the small island nations that were “really in the front line” and would suffer most Wellington: UN Secretary General Antonio Guterres launched a brief South Pacific tour in New Zealand Sunday, warning the world was “not on track” to limiting […]