Search result for FOSSIL FUEL
An equal amount of money has been put into fossil fuels and green energy.
According to a research released on Tuesday, investment in cleaner energy has surpassed $1 trillion for the first time ever, putting it on the cusp of surpassing spending on fossil fuels for the first time ever. Despite this achievement, Bloomberg NEF finds that investment in energy transition te...
Germany has agreed to withdraw from the Energy Charter Treaty
The pact has been criticized for impeding attempts to minimize the use of fossil fuels by permitting corporations to sue for damages. The agreement commits its signatories to its terms for a period of 20 years.
Germany is leaving the Energy Charter Treaty, stated Economy Minister Robert...
Climate activists hurl mashed potatoes over Claude Monet's masterpiece.
To protest fossil fuel exploitation, climate protestors flung mashed potatoes at a Claude Monet painting in a German gallery today, but the artwork was unharmed.
Last Generation protestors attacked Monet's Les Meules in Potsdam's Barberini Museum and poured a viscous substance o...
Russia's disruption of the fossil fuel market shouldn't affect Canada's energy transition
Canada can no longer hope to survive if we continue to use fossil fuels like it's 1922 because the world has fundamentally changed.
The question of whether Canada can afford to move away from fossil fuels has become popular as Vladimir Putin's conflict in Ukraine has hijacked th...
Don't be duped by the "green" word salads used by the fossil fuel business
According to Stella Levantesi, PR firms working for the fossil fuel sector are taking terminology from the climate movement and using it to support climate denial.
The CEO and president of the American Petroleum Institute (API), Mike Sommers, stated on a recent episode of the Fox Busine...
Australia has a once-in-a-lifetime chance to free itself from the grip of fossil fuels on our politics
Following the Green and Teal tsunami that swept through the federal legislature, the focus has unavoidably shifted to what the new crossbenchers will say and do on climate policy.
So far, the focus has been on Australia's 2030 emissions reduction target, and if the Teals will exert ...
How does the EU intend to wean itself off Russian fossil fuels
A new EU plan to halt the bloc's dependency on Russian fossil resources includes suggestions such as solar panels on every new home and a ban on fossil-fuel boilers by the end of the decade.
The European Commission has unveiled its REPowerEU policy, which addresses the "double ...
The EU has unveiled a $220 billion strategy to abandon Russian energy
The European Commission has announced a 210 billion euro ($220 billion) plan to wean Europe off Russian fossil fuels in five years and accelerate its transition to renewable energy.
The decision comes as the EU rethinks its energy policies in the wake of Russia's invasion of Ukraine...
European Union Says Fast Fashion Will be Responsible for Clothing Quality, Toxic Chemicals, and Waste
Most of the clothes we wear are essentially oil and gas. Fossil fuels remain at the heart of fast fashion and produce mountains of waste.
The story of fast fashion goes back to 2000 when cotton was replaced by polyester as the most commonly used fiber. Because of its quality of being ch...
The Australian government celebrates high fossil fuel prices by shipping coal to Ukraine
The Russian invasion of Ukraine continues to send shockwaves through global energy markets, bringing oil, gas, and coal prices to near all-time highs, but Australia's government has done little to conceal its delight at the enhanced revenues due to be reaped by Australia's fossil fuel bus...
Angus Taylor criticises Beetaloo Basin protestors, claiming Australia has every right to grow its fossil fuel industry
Angus Taylor, Australia's energy minister, has slammed "activists" who oppose additional oil and gas production in the Beetaloo Basin, saying European countries are now regretting not pursuing a "gas-fired recovery."
Taylor told Sky News Australia that Australia ...
The Energy Department to Build a Facility where Critical Minerals Are Extracted from Fossil Fuel Waste
Most of the rare earth elements and critical minerals that aid in powering electric vehicles mined overseas however there has been introduced a new initiative by the US Department of Energy, as they are now looking into extraction of these minerals from fossil fuel waste.
The Energy Dep...
Gas Companies Making More than Ever Before
Fossil fuel giants supporting large Australian gas projects have given around one million dollars in political donations to 3 key parties in 2021.
The analysis has been done by a campaign group that examined the Australian Electoral Commission's donation records to identify how much...
US Federal Judge Cancels Major Oil and Gas Lease Over Concern for the Climate
Last year, the Biden administration arranged the largest oil and gas lease in the country’s history, only days after pledging to reduce greenhouse gas emissions from fossil fuels at an international climate panel in Glasgow, Scotland.
On Thursday, a federal judge ruled that the sa...
Portugal to Approve Lithium Mining
Portugal might approve mining for lithium by next year. The country is said to have the largest reserves of lithium in Europe. Lithium along with cobalt and nickel plays a vital role in the production of electric batteries for vehicles. This will reduce Europe’s dependence for the element o...
Europe to Decarbonize Gas Markets
The European Commission has agreed to some legislative proposals today for decarbonizing its gas market. The European Union has to reduce 55 percent of its gas emissions by 2030 and these proposals are meant to help deliver this goal.
The European Green Deal’s Executive Vice-Presi...
Global CEOs of Oil and Gas Giants Stress their Need Despite Push for Clean Energy
On Monday, a global energy conference was held in Houston where energy companies affirmed the need for increased oil in the coming years.
Chief Executives from Saudi Aramco, Exxon Mobil Corporation, Chevron Corporation, and Halliburton Corporation came together at the World Petroleum Co...
BITCOIN VALUE FALLS TO USD 50,000
HIGHLIGHTS
- The value of Bitcoin has fallen to US $ 50,000.
- A tweet from Elon Musk resulted into 17% fall in the price.
- Elon Musk is concerned about fossil fuels, especially coal being used increasingly for Bitcoin mining and transactions.
ELECTRICITY PRODUCED FROM RENEWABLE SOURCES OUTPACES COAL AND GAS POWER IN UK
Highlights:
- The renewable electricity of the United Kingdom has defeated the electricity generation by fossil fuels
- And this achievement can remain as the largest source of Energy for electricity generation in the future
According to...
RENEWABLE ENERGY BEAT FOSSIL FUELS IN EUROPE
Highlights:
- The production of the renewable energy has defeated the fossil fuels production in the European Union
- The renewable energy has been responsible for powering 38 percent of electricity in Europe in 2020
The renewable energy...