Newsletter Subscribe
Enter your email address below and subscribe to our newsletter
Energy
Shell to Invest $300m to Offset Carbon Emissions
Royal Dutch Shell has committed to invest $300 million (£230m) over the next three years in projects that help offset carbon emissions. It will fund large-scale forest projects in Indonesia, Peru and the US as part of its strategy to…
City Of Sydney Announces 100% Renewable Energy Target
The City of Sydney, on Australia’s east coast, announced last week that it intends to further cut its greenhouse gas emissions by transitioning to 100% renewable energy to meet all its electricity needs starting next year. Sydney had already set…
EU Grants €6m for Energy Efficient Solutions
An investment totalling €4 million (£3.4m) has been granted for further development of energy efficiency services and renewable energy solutions in Europe. Resalta offers tailored energy efficiency solutions to public and private organisations through the Energy Service Company (ESCO) model,…
Coal Prices Continue to Rise, Becoming More Costly Than Solar and Wind Alternatives
Around three-quarters of US coal production is now more expensive than solar and wind energy in providing electricity to American households, according to a new study. “Even without major policy shift we will continue to see coal retire pretty rapidly,”…
Will Copenhagen Be the First Carbon Neutral Capital in the World?
The City of Copenhagen has set itself ambitious goals for the city’s social, economic and environmental development. Copenhagen is to be carbon neutral by 2025 as the first capital in the world. The city plans to achieve these goals through…
Saudi Arabia to Build 2.6GW Solar Plant near Mecca
Saudi Arabia has signed a deal for a 2.6GW solar farm to be built in the Makkah Region. The facility, which will be located near the holy city of Mecca, will supply electricity to Al Faisaliah city and the western…
IEA: Global Carbon Emissions Hit Record High in 2018
Global energy-related carbon dioxide (CO2) emissions hit a new record last year, with an increase of 1.7% globally. That was a result of higher energy consumption, which grew by 2.3% – nearly twice the average rate of growth since 2010,…