This overview sets the scene for the various modules in the Renewables 2024 Global Status Report Collection. It provides high-level trends on the status of renewables in the wider fossil fuel-dominated energy system in the context of global challenges such as climate change, development goals and the geopolitical landscape. Urgent …
The Obama administration will finalize about $6.5 billion in loan guarantees this week for the nation's first two new nuclear reactors in three decades, ending years of delay. U.S. Energy Secretary Ernest Moniz will travel to Waynesboro, Georgia, on Thursday to mark the completion of an agreement backing the construction …
Two California state senators released a bill on Wednesday that would give regulators the authority to design a plan to meet the state's long-term greenhouse gas reduction goals and improve air quality in the state's poorest communities. The bill is an effort by Democratic senators Fran Pavley and Ricardo Lara …
NEW DELHI: The Cabinet may on Thursday clear Rs 13,000 crore for its much awaited 'Green India Mission' which aims to enhance carbon sinks through large scale afforestation across the country. The mission is part of the Centre's plan to fight climate change by increasing the forest cover by 10 …
Government has green-lighted construction of pilot 660 megawatt coal-fired plant in Gadani After years of rolling blackouts that have wreaked havoc on industry and fuelled political unrest, energy-starved Pakistan has set its sights on a coal-fired future. Regarded as the dirtiest of all fossil fuels, recent discoveries of untapped coalfields …
President Barack Obama will direct federal agencies on Tuesday to develop higher standards for medium-sized and heavy trucks over the next two years, another step in his efforts to reduce oil consumption and carbon emissions blamed for global warming. Obama will travel to Upper Marlboro, Maryland, to make his announcement …
PHEP-I: Punatsangchhu hydroelectric project I (PHEP-I) will earn about Nu 1.4B worth of foreign currency annually upon commissioning, in exchange for carbon credits. The amount is an estimated revenue the project would earn, after the sale of an estimated 4.3M certified emission reduction (CER) credits (each credit is equivalent to …
EU carbon prices rose as much as 3 percent to a 13-month high of 6.88 euros on the ICE... Read More European Union leaders intend next month to agree on a timeline for developing energy and climate targets for 2030, delaying a final decision on the polices, according to two …
Strategic adaptation needed to a reduction in rainfall, which could close farms or shift them towards wetter coastal areas Australia needs a better response to drought in the face of climate trends that will transform agricultural regions and see many farms disappear, the CSIRO has warned. The government’s science agency …
Iran plans to set up a carbon trading market to reduce industrial emissions of climate-warming gas, an official from Iran's Fuel Conservation Organization (IFCO) told oil ministry news service Shana. Iran has some of the world's largest gas reserves and is major crude oil exporter. But rapidly rising domestic demand …
Australia will review its mandatory renewable energy target (RET), the government said Monday, sparking concerns among green groups that a weaker target could pave the way for new coal plants and increased pollution. The target to ensure Australia generates 20 percent of its electricity from renewable sources in 2020 has …
The global warming "pause" which some climate sceptics have taken as evidence that climate change is a myth could in fact be explained by a dramatic increase in the amount of heat being taken out of the atmosphere by the Pacific Ocean, a study has found. The easterly trade winds …
Germany will provide 10.5 million euros (approximately Tk 113.5 crore) to Bangladesh for a programme aiming to ensure productive use of renewable energy in remote areas of the country. German donor agency KfW yesterday signed an agreement to this effect with the Economic Relations Division (ERD) at the latter's office …
Pakistan and the Asian Development Bank will sign an agreement for $900 million ADB assistance for Jamshoro power generation project here on Wednesday. An ADB delegation, led by Vice President Wencai Zhang, is already in Islamabad for the signing of the agreement. The Jamshoro coal-fired power project, being the first …
The Asian Development Bank (ADB) will provide US$ 310 million in loan to improve Bangladesh's power supply system, and reduce power outages and shortages. It confirmed the assistance Tuesday. Under the government-formed $1.6 billion fund for the Power System Expansion and Efficiency Improvement Investment Programme, the Manila-based lender would provide …
Germany will provide 10.5 million Euro (equivalent to Tk 1.13 billion) to Bangladesh for the 'productive use of renewable energy programme' in the country's remote areas. German donor agency KfW on Tuesday signed an agreement to this effect with the Economic Relations Division (ERD), the Ministry of Finance in the …
Australia's greenhouse gas emissions from the electricity sector are down about 7.6 per cent since the carbon tax was introduced in July 2012, or the equivalent of about 14.8 million tonnes. This reduction, revealed in the September-quarter National Greenhouse Gas Inventory figures released on Wednesday, was mostly countered by rises …
Donor nations, rainforest-rich countries and multilateral institutions will have to spend tens of billions of dollars in the next few years to ensure that nations undergoing deforestation will have incentives to halt the practice, a report said. Without the money to buy forest-based emissions reductions, the mechanism known as REDD+ …
The world’s 63 biggest cities have almost doubled the activities they undertake to reduce climate change since 2011, according to a report from the C40 Cities Climate Leadership Group. “Mayors have real power to cut emissions and improve climate resilience, and they are taking action,” C40 chairman, Rio de Janeiro …
UK greenhouse gas (GHG) emissions increased 3.2% in 2012, from 2011, according to the latest official Government figures. UK GHG emissions covered by the Kyoto Protocol were estimated to be 581.2 million tonnes carbon dioxide equivalent (MtCO2e) in 2012, up from 563.2 million tonnes in 2011. Between 2011 and 2012, …
Shale gas offers a cheaper way to replace coal and cut greenhouse gas emissions than renewable power, BP's chief economist said on Tuesday, but dismissed claims that failure to develop it would drive industry out of Europe. The comments from one of energy's most senior economists feed into heated debate …
