fossil fuels
Scientists warn replacing fossil fuels with wood is ‘false solution’ to climate crisis
15 February 2021 - Over 500 scientists have warned world leaders against treating biomass as carbon neutral and supporting tree cutting for energy production.
US poised for radical change on climate policy under President Biden
28 January 2021 - US President Joe Biden has ordered the new administration to review oil and gas projects on federal land, scrap fossil fuel subsidies, and replace the government’s vehicle fleet with electric cars.
Renewables overtake fossil fuels in EU power generation for first time ever
26 January 2021 - For the first time ever, the EU has produced more electricity in a year from renewable energy sources than from fossil fuels.
Elon Musk offers USD 100 million prize for best carbon capture technology
25 January 2021 - Elon Musk, founder and CEO of electric car maker Tesla Motors, has said he will...
Milestone bill expected to make Poland top offshore wind player in the Baltics
19 January 2021 - Poland has adopted its first ever law regulating offshore wind development in what is expected...
EU leaders agree on budget, green recovery funds, 55% emission cut goal
12 December 2020 - The European Parliament is set to vote on a proposal for the EU's seven-year budget, green recovery funds and the 55% emission cut target
These EU countries will have dirtiest power systems in 2030
11 November 2020 - Ember highlighted seven EU states including Bulgaria and Romania projected to have the dirtiest power systems in 2030
Paper recycling worsens climate change if fossil fuels are used
06 November 2020 - Wastepaper industry emissions can be almost wiped out with renewables while current practices actually make matters worse
Aydem renewables unit may reach USD 1.5 billion in stock market debut
05 November 2020 - Aydem Holding reactivated the plans to float its green energy portfolio at the Istanbul exchange, aiming to raise USD 300 million
Global warming is on pace for catastrophic 3.3º C without drastic measures
30 October 2020 - Up to USD 130 trillion in new investments is necessary to avert the current global warming scenario.
Microsoft joins Norway’s pioneering CO2 capture, storage project
21 October 2020 - Various plants will be able to implement the CO2 capture and storage solutions that Microsoft is developing for Northern Lights
Croatian manufacturers to get EUR 35 million for energy efficiency, renewables projects
12 October 2020 - The Croatian Ministry of Economy and Sustainable Development will issue a second public call for...
Greek fossil fuel companies expanding their renewables portfolios
17 August 2020 - Hellenic Petroleum asked the EBRD for a EUR 75 million loan for a solar power...
Plastic – between benefit and harm
24 July 2020 - Author: Danko Kalkan, Green Finance and Environmental Management Expert Plastic is undoubtedly one of the...
Norway sets aside EUR 2.1 billion to develop carbon capture, storage
22 July 2020 - Equinor is working with Shell and Total on transferring liquefied CO2 through a pipeline to...
Will the EU’s hydrogen strategy undermine the 2050 climate neutrality goal?
10 July 2020 - The European Commission has unveiled a strategy to scale up hydrogen production as part of...