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Shell wants to break what it calls the "chicken and egg problem" in European hydrogen through a partnership that it hopes will create demand and supply at the same time.
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Italian oil and gas giant Eni believes a proposed HyNet North West scheme that is aiming to decarbonise a large swathe of industry in the north-west of England has all the right ingredients to be selected among the UK’s first carbon capture storage cluster projects.
"The International Energy Agency is urging governments to make stronger commitments to cut greenhouse gas emissions at an upcoming U.N. climate summit, warning the world is not on track to meet environmental goals and that new investment in clean energy was needed to “jolt the energy system onto a new set of rails.”
The Paris-based international organization said Wednesday in its annual world energy outlook that great strides have been made to move away from fossil fuels by relying on more wind and solar energy, while electric vehicles are setting sales records.
Chevron Corp. said it has an “aspiration” to reduce or offset carbon emissions from its operations to zero by 2050, as investor and public pressure mounts on oil producers to respond to climate change.
The company on Monday also for the first time set a target for reducing the intensity of the carbon emissions from the fuel and other products it makes, though it didn’t set an outright reduction goal for those products.
The reconciliation bill working its way through Congress could cut U.S. greenhouse gas emissions by nearly a gigaton by 2030, according to a new report.
The analysis, released today by the Rhodium Group, an independent research firm, offers a first look at how the sprawling suite of climate policies Democrats are considering as part of their $3.5 trillion package could overhaul energy and contribute to President Biden’s Paris Agreement emissions-cutting pledge.
WattBuy, a clean energy platform that empowers consumers to choose more sustainable, affordable energy options, today announced it has raised $10 million in additional investment for its Series A round of funding. This raise is led by SE Ventures, a venture capital fund backed by Schneider Electric, along with MCJ Collective. Existing investors also participating in this round include Evergy Ventures, Updater, Powerhouse Ventures, Techstars Ventures, Avesta Fund and Yoav Lurie, bringing WattBuy’s total Series A raise to $13.25 million.
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