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 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
New Delhi: A whopping investment of Rs 17.05 lakh crore is in the pipeline in power and renewable energy sector, which has attracted around 16.93 lakh crore of investment since 2014, Union minister R K Singh said on Monday. As much as 80 GW of thermal power generation capacity is under construction which we will … Read more
Tesla Inc. signage during a launch of company’s Model Y electric vehicle in Kuala Lumpur, Malaysia, on Thursday, July 20, 2023. Bloomberg | Bloomberg | Getty Images Malaysia is doubling down on the semiconductor industry to capture growth in the growing electric vehicle market. In an exclusive interview with CNBC’s “Squawk Box Asia” on Thursday, … Read more
A sign on the exterior of the China Evergrande New Energy Vehicle Group Ltd. research headquarters in Shanghai, China, on Friday, Sept. 24, 2021. Bloomberg | Bloomberg | Getty Images Shares of the electric vehicle manufacturing arm of property developer China Evergrande plunged 23% on Monday after the unit revealed its vice chairman had been … Read more
A girl sits on a cot as she crosses a flooded street in Pakistan on October 4, 2022. A record 32.6 million internal displacements were associated with disasters in 2022 — more than the 28.3 million with conflict and violence, according to the Internal Displacement Monitoring Centre. Fida Hussain | Afp | Getty Images As … Read more
The U.N.’s climate body on Monday published its latest draft text of the deal it hopes to reach at the COP28 summit in Dubai, which includes a range of actions countries could take to reduce emissions. The list did not refer directly to a phase out of fossil fuels. The relevant section of the text … Read more
Renewables are reaching the point where they are outcompeting fossil fuels on price — setting the stage for their predicted dominance of the energy sector by midcentury. When it comes to the surging demand for new electric generation, wind and solar prices are now the cheapest options almost everywhere, according to the International Energy Agency (IEA). Building new … Read more
In the Arctic, where the reliable supply of energy can mean the difference between life and death, one community is leading the way in one of the planet’s most unique renewable energy transitions. For more than 100 years, the economy of Svalbard, Norway — a group of islands near the North Pole — has revolved … Read more
After months of expectation, it’s official — 2023 will be the hottest year ever recorded. The European Union’s Copernicus Climate Change Service announced the milestone after analyzing data that showed the world saw its warmest-ever November. Last month was roughly 1.75 degrees Celsius warmer than the pre-industrial average, Copernicus said, with an average surface air … Read more
