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April 17, 2023

Global methane levels soar to over 2.5 times pre-industrial levels

The rapid rise of atmospheric levels of carbon dioxide (CO2), methane and nitrous oxide has been continuing in 2022, observed the US National Oceanic and Atmospheric Administration (NOAA) scientists, with methane levels in the atmosphere more than two and
April 13, 2023

European aviation warns of €‎800bn bill to reach net zero

The European aviation industry faces more than ‎800 billion euros in extra costs to reach net zero emissions by 2050 to limit climate change, according to an industry-commissioned report that highlights the challenge facing the sector as it decarbonises.
March 16, 2023

China to slash steel output for third year to reach climate goals

China will again decrease its yearly crude steel production in 2023, according to a source familiar with the matter. This move will mark the third consecutive year in which the government has imposed forced cuts to output to curb carbon emissions from the
March 16, 2023

ING to restrict financing of oil, gas trading against climate change

ING Group NV, a leading global lender to commodities trading, has announced its plans to cut the volumes of oil and gas deals it finances as part of its efforts to markedly reduce the company's carbon footprint.
March 02, 2023

China approves record number of new coal-fired power plant in 2022

China approved the construction of 106 GW of new coal-fired power capacity last year, four times more than the previous year and the highest level since 2015, spurred by energy security concerns, according to a research released on Monday.
February 22, 2023

Indonesia’s energy transition continues to face headwinds

Indonesia is one of the world's leading coal producers. Nonetheless, it has pledged to cut back on its usage of fossil fuels in the near future.

Last year, Indonesia signed five agreements to cut its carbon emissions. Among these was the $20 billion Ju
February 21, 2023

Amazon funds $1.6 million for carbon-sequestering seaweed farm

Amazon.com has awarded 1.5 million euros ($1.6 million) to a Dutch project testing the feasibility of commercially producing seaweed in between turbines of offshore wind farms, the company and organisers said.
February 16, 2023

Denmark grants first CO2 storage licences for North Sea projects

The Danish Ministry of Climate, Energy, and Utilities has awarded its first licences to capture and store carbon in the North Sea to Wintershall Dea, INEOS Energy and TotalEnergies.
January 18, 2023

US fell behind climate goals as greenhouse gas emissions grew in 2022

U.S. greenhouse gas emissions rose in 2022, by 1.3% compared to the previous year according to preliminary estimates by environmental consultancy Rhodium Group.
December 30, 2022

Taiwan sets new emissions reduction goal for 2030

Taiwan aims to reduce carbon emissions by 23-25% by 2030 compared with 2005 levels in pursuit of achieving net-zero carbon emissions by 2050, the National Development Council said Wednesday at a press conference.
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