In an effort to reduce carbon emissions in its industries, Germany plans to launch a subsidies program in April 2023, as the country looks to achieve its goal of carbon neutrality by 2045. The program will offer 15-year subsidies for energy-intensive industries, such as steel, cement, and chemicals industries, in exchange for reducing their carbon …
Germany’s Subsidies-for-Emissions-Cuts Plan: A closer look Read More »
As the EU sets out to end sales of CO2-emitting cars in 2035, Germany is pushing for sales of internal combustion engines (ICEs) that run on e-fuels after that date. E-fuels, such as e-kerosene, e-methane, or e-methanol, are created by combining hydrogen produced from renewable or CO2-free power with CO2 emissions that have been absorbed. …
Germany’s Transport Minister, Volker Wissing, expressed optimism on Monday that the European Union’s (EU) plan to phase out combustion engines could be resolved. Despite the hurdles encountered by the proposed ban, both sides are in constructive talks. They are consulting with countries to find agreement on the law. EU’s intent to prohibit internal combustion engines …
Germany optimistic on EU’s plan to phase out combustion engines Read More »
Norway is one of the world’s leading countries when it comes to green energy. The country has set ambitious goals to reduce its CO2 emissions by at least 40% by 2030 and become climate neutral by 2050. To achieve these targets, Norway has implemented several initiatives, including investing in renewable energy sources such as hydropower, …
Norway’s green energy plans encounter resistance: Here is why Read More »
Yaoyu Zhang, General Manager of Global LNG and New Energies at PetroChina International, predicts that as China’s economy improves this year, demand for LNG and natural gas will rise. Spot pricing will determine whether or not the nation imports more liquefied natural gas (LNG). China’s LNG imports drop nearly 20% in 2022 China’s liquefied natural …
China’s 2023 LNG demand to grow amid economic recovery Read More »
Global energy-related CO2 emissions hit a record high in 2022, with the International Energy Agency (IEA) reporting a 0.9% increase to a total of 36.8 billion tons. Renewable energy sources like solar and wind, as well as the growing use of electric vehicles, helped offset the impact of increased coal and oil use. But scientists …
Global energy-related CO2 emissions hit a record high in 2022 Read More »
The U.S. Energy Department has announced that rural communities and tribal nations without reliable access to energy will receive over $300 million to develop clean and affordable energy sources. The funding was made possible by a bipartisan infrastructure law that President Joe Biden signed in 2021. The law earmarked $300 million for remote communities with …
Germany has requested that the European Union consider drafting new regulations that would allow the sale of combustion engine vehicles in Europe even after the EU’s deadline for zero-emission cars. The EU has mandated that all new vehicles must have zero emissions by 2035. This regulation is intended to speed up Europe’s transition to electric …
Germany seeks flexibility on EU’s ban on combustion engines Read More »
Europe’s transition to renewables has been a key factor in reducing its dependence on imported fossil fuels. The continent has made significant progress in this area, with the share of renewable energy in the EU’s final energy consumption rising from 17.5% in 2019 to 18.9% in 2020. Wind and solar energy have been the main …
Europe’s energy security situation improved a year after the first shock after Russia’s invasion of Ukraine. Despite Russia’s decision to cut gas pipeline supplies to Europe, the continent appears to be in a position to avert fuel shortages. It may be said that Europe had ended this winter more or less comfortably. Europe has been …
Europe’s energy security improves after a year of war in Ukraine Read More »
