European Commission earmarks €195 billion to wean itself off of Russian fossil fuels
The European Commission will unveil draft measures next week that will earmark €195 billion in…
Fossil Fuels
GEM: Near 1% rise in global coal power capacity as economies recover from COVID-19
A new report by the energy markets tracker GEM (Global Energy Monitor) found that there…
EU bans Russian coal, oil embargo to follow?
The EU’s decision to extend sanctions and ban Russian coal imports into the bloc over…
EU meets to phase out Russian oil and gas by 2027
The 27 EU nations met at Versaille, France to discuss an urgent response to the…
Germany, US halt Nord Stream 2 pipeline over Russia’s Ukraine aggression; EU looks to cut dependence on Russia
Germany halted the permit for the Nord Stream 2 pipeline as a diplomatic measure against…
European Commission endorses “imperfect” solution of natural gas as a transition fuel
The European Commission endorsed natural gas as a transition fuel under its new sustainable financial…
US: Accountability report finds near-complete failure of CCS projects over past decade
A new report by the US’ Government Accountability Office found that all of the country’s…
Poor carbon capture record throws doubt on world’s first coal-CCS plant
The poor performance and multiple breakdowns at the Boundary Dam Power Station near Estevan, Saskatchewan…
Incredible firsts in the bid to divest from fossil fuels, but old habits die hard
2021 saw some incredible progress away from fossil fuels, but shaking them off completely is…
US to immediately stop financing high-carbon overseas projects
The Biden government issued an order to all government agencies to immediately stop financing overseas…