Browsing tag

renewable energy

None Of The G7’s Leading Stock Indexes Are Aligned With Paris Climate Goals, Says New Research

5 Mins Read According to new research, none of the major G7’s stock indexes are anywhere close to a 1.5°C or 2°C pathway with activists and scientists urging the largest listed G7 companies to immediately set emissions reduction targets and increase their climate action. Titled ‘Taking the Temperature: Assessing and Scaling-Up Climate Ambition in The G7 Business Sector’, […]

Cathay Pacific Pledges To Reach Net-Zero Carbon Emissions By 2050

3 Mins Read Hong Kong’s flagship airline carrier Cathay Pacific has committed to meeting net-zero carbon emissions by 2050 through the use of sustainable fuel, employing offsetting carbon methods, and reducing its overall emissions through efficiency improvements. The Cathay Pacific Group has announced that it aims to achieve net-zero carbon emissions by 2050 becoming one of the first […]

Low-Carbon Hybrid Plane With Floor-To-Ceiling Window View To Take Off By 2025

4 Mins Read Travel by air is increasingly frowned upon as awareness of the climate crisis continues to grow. But soon, conscious travellers might be able to board an alternative flight on a hybrid aircraft that releases 90% less emissions than conventional planes and offers incredible views with floor-to-ceiling windows.  British firm Hybrid Air Vehicles (HAV) recently revealed […]

7 Big Signals That Prove The End Of Fossil Fuels Is On The Horizon

4 Mins Read For years, climate scientists and environmental activists have been calling for the end of fossil fuels as the number one thing that must happen if we are to save the planet. They have fought tooth and nail to push back against the dirty energy industry’s billion-dollar efforts to spread disinformation and sow public doubt over […]

Prometheus Fuels Turns CO2 From Air Into Net-Zero Gasoline

3 Mins Read In the race to get to net-zero emissions, clean tech innovators are looking at direct air capture as a solution to not only reduce our current footprint, but potentially even reverse the decades of damage we have done to the planet. Prometheus Fuels is one of them. Taking carbon from the air, the Silicon Valley […]

The U.K. Commits To Reduce Its Carbon Emissions By 78% By 2035

4 Mins Read In a recent announcement ahead of COP26, U.K. Prime Minister Boris Johnson has set one of the world’s most ambitious climate change target by committing the country to cut its carbon emissions by 78% by 2035 compared to 1990 levels and for the first time, in the U.K.’s sixth Carbon Budget, the government will incorporate […]

Global Green Energy Transition: China To Ramp Up Local Demand & Supply Of Renewables, Says Credit Suisse

5 Mins Read Recently published analysis by financial services provider Credit Suisse shows that China will have several opportunities that will help the country accelerate its local demand and supply of renewable energy sources in order to eventually achieving its net-zero carbon emissions goal by 2060 and end dependency on foreign manufacturing. During the 24th Credit Suisse Asian […]

Carbon Border Taxes 101: What Are They & Why Do We Need Them

8 Mins Read According to a recent study, our planet’s global temperature will eventually rise in excess of 2°C from the greenhouse gases that are released by companies and other services around the world. No surprises there. Many experts agree that the goals outlined in the Paris agreement, which hope to limit global temperature rise to well below […]

Global Energy Decarbonisation Spending Tops US$500 Billion In 2020

4 Mins Read The world spent more than US$500 billion on decarbonisation in 2020, according to new statistics. Released by BloombergNEF (BNEF), the report tracked global investment into the clean energy transition and found that decarbonisation spending jumped 9% year-on-year despite the economic fallout from the coronavirus pandemic.  A new report released by Bloomberg’s energy research arm BNEF […]

U.N. Secretary-General Says Wealthy Nations Need To Cough Up US$100 Billion To Reach Global Climate Goals

3 Mins Read Meeting the pledge by developed countries to mobilize at least US$100 billion a year to support developing countries in mitigating and adapting to climate change, lagging even before the COVID-19 pandemic, requires urgent action, according to a new report by independent experts released today by the United Nations. Since economic distress is now acute, and […]

Hong Kong Pledges To Reach Net-Zero By 2050, But No Sign Of Climate Plan

4 Mins Read Hong Kong’s chief executive Carrie Lam has vowed that the city will achieve carbon neutrality by 2050 in her annual policy address. The goal, which comes shortly after Beijing set its timeline for 2060, came with no concrete strategy to slash the city’s emissions, with environmentalists pointing out that Lam’s focus on the land-reclamation plan […]

South Korea Becomes Latest Asian Nation To Make Net-Zero By 2050 Pledge

3 Mins Read South Korea has committed to reach carbon neutrality by 2050, after a number of other Asian states made similar pledges to step up efforts to fight the climate crisis. To achieve its goal, the country will have to make dramatic changes to its heavily fossil fuel dependent economy and make significant investments into renewable energy […]