The plan is to turn waters from the Caspian Sea into clean hydrogen for export.
The world is heading for a 2.8°C rise in global warming by 2100 unless governments urgently improve their emissions targets, the UN warned, otherwise the window of opportunity to take the required climate action will slam shut.
The war in Ukraine has prompted new investment in green hydrogen to reach over $73bn as costs fall, making fossil fuel-produced hydrogen uneconomic as gas prices soar.
Global carbon emissions will peak in 2025 as the world reaches a “historic turning point” and governments pour investment into renewables to counteract the energy crisis that has gripped the world this year.
The combined climate pledges of 193 governments would limit global warming to 2.5°C by 2100, way above the Paris Agreement goals of 1.5°C.
Turkmen oil and gas infrastructure and landfill south of Tehran added to emissions blacklist.
Ukraine looks towards a green future with post-war developments focusing on renewable energy sources, Ukraine Business News reported on October 21.
Siemens Gamesa, the leading wind-turbine manufacturer, has called for a quota system on the amount of EU-produced turbines installed in the trade bloc, reports the Financial Times.
The EU wants a massive expansion in renewable energy. It wants wind energy to grow from 190 GW today to 510 GW by 2030. But Europe is not building enough wind farms to reach this target, says WindEurope.
North Macedonia will soon start producing e-cars and Skopje’s first electric vehicles exhibition drew crowds, but few people in the county can afford to go electric.
The global green bond market was worth $552bn in 2021, accounting for 53% of all green, social and sustainability issuances, according to a recent report from Fitch.
Investments in renewable energy need to triple by 2050 to put the world on a net-zero trajectory by mid-century, according to a new report by the World Meteorological Organisation (WMO), part of the United Nations.
The explosions in the Nord Stream pipelines in the Baltic Sea are creating an unprecedented climate catastrophe.
Europe’s renewable energy supply chain is under threat from soaring power prices, says Rystad Energy of Oslo. As much as 25% of solar and battery manufacturing capacity in Europe is at risk, says the research firm.
The EU’s Fitfor55 efforts to reduce CO2 emissions by 55% by 2030 are woefully inadequate and unable to contain global warming to the 1.5°C target, with reductions of up to 77% needed instead to stand any chance of averting a climate catastrophe.
Sigma Energy's full-scale Sigma WEC prototype deployed off Montenegro's Bar in the Adriatic Sea.
As the climate crisis worsens, there is growing interest in building more eco-friendly places of worship.