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...

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...

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...

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...

UK: BORIS JOHNSON TO ANNOUNCE END OF SUPPORT FOR FOSSIL FUEL INDUSTRY OVERSEAS

Highlights:

• Boris Johnson has announced that, the United Kingdom will be ending its support to the fossil fuel industry overseas
• Boris Johnson’s office also said that, the announcement going to extend the shift of for supporting the renewable en...

UNITED NATIONS WARN COUNTRIES TO MEET FOSSIL FUEL EMISSION TARGETS OF 2030, 2050

HIGHLIGHTS

• United Nations warned of climate change as plans on creating coal, oil, and gas till 2030 double of what it is producing now

The biggest fossil fuel creator nations include Australia, China, Canada, and the United States.

U...

AUSTRALIA ENVIRONMENT BUDGET SKIPS BUSH FIRES CONVENIENTLY

HIGHLIGHTS

• The Morrison government budget mainly focuses on current circumstances and energy spending plans, including financing for its future missions pointing to technology for emission reduction and $52m for improving Australia's gas industry

EUROPE: FOR THE FIRST TIME, RENEWABLE SOURCES GENERATED MORE ENERGY THAN FOSSIL FUELS

Highlights:

• More energy was generated by the renewables than the fossil fuels for the first time in Europe
• The wind energy, solar and bio energy and the hydroelectricity have generated more energy than the energy created by the fossil fuels

FOSSIL FUELS OVERTAKEN BY RENEWABLE ENERGY TO GENERATE ELECTRICITY IN EUROPE

Highlights

• Renewable energy resources overtake fossil fuels to generate electricity in Europe

In the European region the renewable resources like Wind, solar, hydro and bioenergy usually generates 40% of the total  electricity in the first...

GRETA THUNBERG URGES UN TO ACCEPT LAWSUIT AGAINST GERMANY AND OTHERS

Greta Thunberg is among those few young personalities which are known globally. It was her fierce speech at the United Nations Climate Change Conference which took place in the year 2018 that gave her the recognition.
Greta Thunberg, an environmental activist from the Sweden is again in th...

U.S LNG'S MAJOR CONSUMER REMAINS TO BE JAPAN

Highlights:

• Japan is the highest importer of LNG in the global market
• U.S exports it’s third highest quantity to Japan

Japan is highly dependent on fossil fuels. The country has remained at the top spot of global importers of l...

REDUCED PRICING OF LNG SHOULD REPLACE COAL IN JAPAN

Highlights:

• The temporary decrease in natural gas prices should help to eliminate coal utilization in Japan
• The spot price for the fuel reached a record low of 10 years for first week of February

The reduction in spot price of natura...

JAPAN PLANS TO INVEST IN CONSTRUCTION OF GAS PIPELINES

Highlights:

• Japan is the largest importer of fossil fuels globally
• The country plans to support construction of LNG pipelines

In a move to take the lead position in the ever-increasing market of importing combustible fuels, Japan pla...

Japan's demand for oil could be reduced quickly

He International Energy Agency's November World Energy Outlook forecasts only a relatively small 54mn toe gap in Japan's 2040 oil demand between the "government strategies" scenarios of the world and "sustainable development." Such a conservative forecast for the latte...