Browsing tag

renewable energy

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

5 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 […]

Madagascar: First Ever Indian Embassy To Go 100% Solar

4 Mins Read By: Malavika Vyawahare The Indian embassy in Madagascar went solar to mark the 150th birth anniversary of Mahatma Gandhi on October 2, becoming the first Indian embassy to embrace renewable energy. An 8 KW solar power plant was inaugurated at the embassy premises in the capital Antananarivo in the presence of the Malagasy Prime Minister […]

Airbus Designs New Planes To Make Zero-Emission Flights Take Off By 2035

3 Mins Read European aircraft maker Airbus has revealed three new concepts for the world’s first zero-emission commercial planes, which the company believes can be rolled out within the next 15 years. Each design explores different technologies and configurations, but all rely on hydrogen as its primary source of clean aviation fuel, bringing the notoriously carbon-intensive industry a […]

Limitless Clean Nuclear Fusion Energy Could Soon Become A Reality

3 Mins Read We’re not far away from seeing the world’s first nuclear fusion reactor, according to the latest series of papers showcasing the progress that researchers have made. Called SPARC, the compact fusion reactor could be the precursor to a practical emissions-free power plant and holds enormous potential to facilitate the much-needed transition away from fossil fuels.  […]