Search Results for "fuel cell"
Has the Inflation Reduction Act set the US on course to net-zero by 2050?
…efficiency and storage. It could raise at least $2bn by paring back investments in unabated fossil fuels. Technology pathways BNEF’s modeling finds that the cheapest way for the US to…
UK considers withdrawal from ‘outdated’ international energy treaty
…gone to fossil fuels – although there have been some smaller investments in energy efficiency, distribution and storage networks. The UK reached an agreement with other Treaty participants last year…
Businesses target first transatlantic green hydrogen shipment in 2026
…achieve this milestone. The intention is to connect European industrial fuel consumers looking at hydrogen switching with a supply of low-carbon fuel from North America. More than 20 organisations have…
IEA: Oil and gas majors putting less than 3% of investments into renewables
…is neither socially nor environmentally responsible.” In 2022, fossil fuels accounted for 82% of global energy consumption, according to the Institute for Energy Research. However, while being a major contributor…
DESNZ set to open second headquarters in Aberdeen
…gas production protects the UK from imports which may be higher-cost and higher in embodied carbon. Yet these fossil fuels are a globally traded commodity. The UK has no right…
ING brings forward end date for upstream oil and gas financing
…alignment with the agreement reached at COP28 in Dubai last week. Nations agreed to “transition away from” fossil fuels in the final COP28 agreement. One of the summit’s largest additional…
National Trust to replace oil heating with heat pumps at historic ‘Palace of Art’
…and the grounds. “Not only will the heat pump reduce the property’s dependency on fossil fuels, but it’ll create a safer environment and improve conditions for the amazing collection items…
UK’s new oil and gas bill won’t improve energy security or lower bills, study warns
…fossil fuels has regressed due to a surge in exports and a steep decline in oil production. According to the analysis, the UK Government granted a total of 1,680 new…
‘A brilliant win for the climate’: UK exits Energy Charter Treaty citing net-zero concerns
…proposals, largely focused on the transition away from fossil fuels, were not adopted. In withdrawing, the UK Government stated that nations are stuck at a “stalemate” in discussions to adopt…
UK Government faces legal challenge over home energy efficiency standards
…reduction in the number of UK homes in fuel poverty for 2023. Moreover, homes in fuel poverty now pay on average £417 more for energy each year than energy-efficient homes,…
BP faces shareholder rebellion over weakened climate targets
…fuels. The original aim had underpinned a commitment to reduce upstream emissions by 35-40% within the decade. Now, BP is anticipating a reduction of 20-30%. Activist group Follow This filed…
Global energy sector emissions increase despite growth in renewables
…primary energy consumption reached 7.5%, an increase of nearly 1% in 2022, while the fossil fuel consumption as a percentage of primary energy remained steady at 82%. The KPMG’s head…
Bboxx: Affordable tech-driven service for clean cooking devices in Africa
At A Glance: Who: Bboxx What: Clean cooking solutions Where: Rwanda and the DRC Why: Improve living standards while reducing fossil fuel usage When: September 2023 The challenge More than…
Palm oil replacements and EV battery recycling: The best green innovations of October 2023
…third innovation shows that waste plastic could be used to create useful new fuels and materals. One source of waste that is on the rise is the waste from electric…
Net-Zero Awards: Shortlist of finalists revealed
…applications Halocell – World record low light perovskite solar cell Innovatium – PRISMA – A Liquid Air Battery innovation that delivers Compressor Integrated Energy Storage (CIES) MacRebur – The Plastic…
Report: Meeting global climate and energy security goals hinges on rapid battery expansion
…half of the global processing of raw materials for lithium and cobalt and possesses nearly 85% of the global capacity for battery cell production. In contrast, Europe, the US and…
MSC Cruises: Debut net-zero emission ship voyage
…emissions of GHG by up to 20% (on a CO2-equivalent basis). LNG is a transition fuel. The onboard engine technology and fuel systems can already use bio and synthetic LNG…
European Energy Storage Coalition launched to accelerate grid decarbonisation
…coal and fossil gas-fired plants. “Last winter, EU renewables generated more electricity than fossil fuels. It’s clear solar and renewables can power Europe in all seasons,” said SolarPower Europe’s chief…
EU warned over green finance taxonomy ‘loopholes’ on transport and plastics
…sustainable fuels being awarded a ‘green’ investment label. “Given the long lifespan of aircrafts, the current draft criteria would allow aircrafts to operate with fossil fuels for decades to come,…
UK hits trillion-kWh renewable electricity milestone
…likely to fail to end unabated fossil fuel electricity generation by 2035 without urgent intervention. Committee members heard evidence of investors being deterred by long waits for grid connections and…
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