World
IEA: Global coal power output to rise 9% in 2021 to all-time high
21 December 2021 - With electricity demand outpacing low-carbon supply and a spike in gas prices, coal power output is up 9% this year, at 10.35 PWh, IEA says
New York is banning the use of natural gas in new buildings
18 December 2021 - After several other cities in the United States, the City Council of New York passed...
Elon Musk’s SpaceX seeks rocket fuel made from atmospheric CO2
14 December 2021 - Elon Musk revealed SpaceX would launch a program for capturing carbon dioxide from the atmosphere for the production of rocket fuel
IMF: Soaring metal prices may delay world’s energy transition
09 December 2021 - The switch from fossil fuels to low-carbon sources implies a massive leap in demand for metals and other commodities, IMF said
Volkswagen, Stellantis, GM turn to geothermal lithium for batteries for electric vehicles
09 December 2021 - Leading automakers have signed agreements to secure lithium extracted from geothermal water, a method with a much lower ecological footprint
Engie, Masdar set up USD 5 billion green hydrogen partnership
09 December 2021 - Engie and Masdar placed a major joint bet on the role of green hydrogen in the energy transition of the GCC region and beyond
Geothermal-rich California could cover US lithium demand
01 December 2021 - The Salton Sea in the southern part of California can supply 600,000 tons of lithium per year, an amount exceeding the current annual consumption of the US
Amazon deforestation rate in Brazil highest since 2006
21 November 2021 - A new government report shows a 22% increase in the deforestation of Brazil’s Amazon
What worries you the most about climate change?
12 November 2021 - People in the EU, the US, and China see an increase in natural disasters as the biggest climate change-related concern, an EIB survey finds.
US, China – top two carbon emitters – to cooperate on cutting emissions
11 November 2021 - China and the United States are seeking to close “a gap between the current effort and the Paris agreement goals.”
How would USD 100 carbon price hike impact world’s economies?
08 November 2021 - A USD 100 rise in carbon taxes would be a significant shock to the global economy but it falls well within the realms of potential scenarios
EIB survey: citizens of China and USA more confident from EU citizens about success of their governments to reduce carbon emissions by 2050
07 November 2021 - According to the European Investment Bank's survey on climate change for 2021-2022, the majority of EU citizens are skeptical about the ability of their countries to successfully reduce carbon emissions by 2050 successfully.
Financing for new coal power plants coming to end
06 November 2021 - 99 percent of internationally available development finance IS committed to reducing or ending coal finance support
Energy price rally lifts inflation to worrying heights worldwide
05 November 2021 - The energy crisis fueled a rapid rise in prices of power and gas to unseen highs and accelerated inflation as most products become more expensive
World’s first interactive global database of chemical recycling projects kicks off
01 November 2021 - There is a growing demand for recycled plastics globally, particularly for use in food and beverage packaging while supply is limited
COP26 climate summit begins without firm commitment from most powerful countries
01 November 2021 - G20 increased the uncertainty about the outcome at COP26 with its weak joint statement on climate action goals and funding