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    China to Increase Funding for Coal Emissions Reduction Projects

    China to Increase Funding for Coal Emissions Reduction Projects

    China’s National Energy Administration and the National Development and Reform Commission (NDRC) have announced a plan to increase financing for emissions reduction projects at coal-fired power plants. Construction will start next year on some of the projects, which will include green ammonia and the burning of biomass, with a goal of reducing emissions by 20 […]

    UK to Boost Solar Energy Projects Under New Labour Leadership

    UK to Boost Solar Energy Projects Under New Labour Leadership

    Under new Labour leadership, the UK is focusing on renewable energy advancement with the approval of solar farm projects and new rules for solar panels. The UK’s Secretary of State for Energy Security and Net Zero Ed Miliband has recently approved three major solar farm projects that had been previously denied by officials in the […]

    Global Oil Demand to Peak Next Year, BP Predicts

    Global Oil Demand to Peak Next Year, BP Predicts

    Oil and gas company BP’s Energy Outlook: 2024 Edition has predicted that peak global oil demand will occur next year, putting a stop to increasing carbon emissions as solar and wind continue to expand. The report focused on two main forecast scenarios — Current Trajectory and Net Zero — and predicted that oil consumption will […]

    Solar and Wind Projects Under Construction in China Have 2x the Capacity of the Rest of the World’s Renewable Energy Projects Combined: Report

    Solar and Wind Projects Under Construction in China Have 2x the Capacity of the Rest of the World’s Renewable Energy Projects Combined: Report

    Renewable energy projects are rapidly expanding in China, so much so that the country has double the amount of renewable capacity under construction compared to all other countries combined, a new analysis from the non-governmental organization Global Energy Monitor has revealed. According to the analysis, China currently has 180 gigawatts of utility-scale solar power and […]