Twenty countries, including the United States and Canada have agreed to stop public funding of fossil fuel projects abroad by the end of 2022 and instead steer spending into clean energy. The commitment has been termed as a “historic” step… Read More ›
While the pledge to phase out coal gained the support of 23 more countries at the U.N. climate conference in Glasgow, big users of coal, the dirtiest of fuels, shunned the move. The COP26 summit aims to find ways to… Read More ›
As per a report from The Times, Chinese President Xi Jinping is unlikely to attend the crucial climate conference in Scotland. Britain, which is hosting the 26th United Nations Climate Change Conference of the Parties, also known as COP26, in… Read More ›
On Tuesday, executives from JPMorgan Chase & Co plan on announcing new climate-change initiatives, which includes restrictions on drilling in the artic and financing coal mining projects along with a $200 billion target to provide financing for sustainable projects. JPMorgan… Read More ›
Germany aiming for renewable and sustainable energy power for its long term energy security policy. On Monday, Peter Altmaier, Germany’s Economy Minister made it clear that Germany does not want to compensate the loss of electrical power for its planned… Read More ›
Under CEO Larry Culp the conglomerate is continuing to divest assets from its businesses other than those from its core areas of renewable energy, jet engines and power plants. General Electric is in talks with American Industrial Partners, a private… Read More ›
The move sees Standard Chartered joining its peers who have ended their support for the dirtiest of the fossil fuels midst rising concern on climate change. On Tuesday, in a step aimed at reducing funding for dirty industries, Standard Chartered… Read More ›
The battery pack, run by France’s Neoen, is likely to significant ease the blackouts that have been plaguing the state for the last 18 months. However, with the shutdown of big coal-fired power plants in Victoria, a neighboring state, supply… Read More ›
Here are highlights of the Chatham House’s report which delves into Britain’s energy future. Chatham House, a think tank is of the opinion, it would benefit Britain if she were to remain in EU’s energy market and carbon trading scheme… Read More ›
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