Energy transition to need $4 trillion annually: BlackRock

The BlackRock logo is seen outside of its offices in New York City. Brendan McDermid | Reuters BlackRock estimates that the world’s green energy transition will require $4 trillion annually by the mid-2030s, calling for more public-private partnerships, especially in Asia-Pacific. The forecast comes from BlackRock’s latest “Investment Institute Transition Scenario,” which analyzes how the … Read more

Green data centers help increase green investment in Southeast Asia: Report

Conceptual image of green server room. Imaginima | Istock | Getty Images Southeast Asia saw a significant uptick in green investments in 2023, with a boost from green data center projects, though funding remains insufficient, according to a report released Monday.  The analysis, conducted by Bain & Company, GenZero, Standard Chartered and Temasek, found that … Read more

China boosts global coal power

Chinese flag on a background of coal. Andrzej Rostek | Istock | Getty Images The world added more coal power capacity last year than any year since 2016, with China driving most growth and future planned capacity, according to new research.  A report by Global Energy Monitor released Thursday found that net annual coal capacity … Read more

Protecting the Planet: How renewable energy advances power the 21st century

Protecting the Planet: How renewable energy advances power the 21st century – CBS News Watch CBS News In this episode of “Protecting the Planet,” CBS News senior environmental correspondent Ben Tracy explores the challenges, innovations and partnerships making renewable clean energy more widespread. Be the first to know Get browser notifications for breaking news, live … Read more

Anthony Albanese’s ‘great day’ consists of stage 3 tax cuts and engagement to partner Jodie Haydon

Anthony Albanese might’ve been hit with a resounding no in the referendum last year — but the Prime Minister didn’t have any problems getting the answers he wanted to two proposals he offered up this week. The lower house said yes to his stage 3 tax cut changes and his partner Jodie Haydon said yes … Read more

Former Northern Territory chief Minister Michael Gunner the latest to leave Fortescue Future Industries

Former Northern Territory chief minister Michael Gunner has left Fortescue Future Industries, the latest prominent figure to head out the door of Andrew Forrest’s sprawling iron ore and green energy empire. Mr Gunner joined FFI in November 2022 and led the clean energy hopeful’s northern Australia team based in Darwin. FOLLOW US ON GOOGLE NEWS … Read more

Budget 2024: How budget planning can help stimulate growth of renewable energy

Budget 2024: In the past few years, the Government of India has been pacing up its interventions to meet the ambitious clean energy targets, i.e. to steer the country towards 50% cumulative installed power generation capacity from non-fossil fuel sources by 2030; and achieving net zero by 2070. India currently has an installed generation capacity … Read more

Shares of Tesla suppliers, EV makers in Asia fall after Tesla results

A Tesla Inc. Model 3 long range electric vehicle charges at the Tesla Supercharger station in Kettleman City, California, U.S., on Wednesday, July 31, 2019. Patrick T. Fallon | Bloomberg | Getty Images Shares of electric vehicle makers and Tesla‘s Asia suppliers tumbled on Thursday after the EV maker missed fourth quarter revenue and profit … Read more

Recent Twiggy Scarborough claim contradicts Forrest-backed Squadron over the realities of energy transition

A recent flyby by Andrew Forrest at Woodside’s Scarborough Project during which he claimed gas was a “poisonous energy” has contradicted a submission by his own energy company, which says the resource is needed to meet net zero. In a submission to the Government’s Future Gas Strategy, Squadron Energy — which is backed by Mr … Read more

Thousands of NSW households eligible to receive heating, cooling and solar power home upgrades

Thousands of Australians will be eligible for home upgrades with the NSW government’s $200 million push to make more homes energy efficient. Draught-proofing, proper insulation, heat pump hot water systems, ceiling fans, reverse cycle air conditioners, and solar will be available to 24,000 NSW residents under the scheme announced on Tuesday. Subsidised solar will also … Read more