News

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

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.

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.

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

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.

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.

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.

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.

A platform developed by Swiss university of Geneva that allows consumers to track the variations in the composition of the electricity mix used and to calculate the carbon footprint has come online.

The FIFA 2022 World Cup is currently underway in Qatar, a small desert nation with the highest carbon emissions per capita in the world and generates most of its revenue from the extraction and sale of oil.