News
Coal use needs to be reduced drastically to meet emissions target
The “State of Climate Action 2023” report by the World Resources Institute paints a concerning picture of the challenges that policymakers face. The report assumes
Rich nations hit symbolic $100 billion climate fund goal in 2022
Rich countries have finally managed to reach the long-overdue goal to provide $100 billion of climate finance to poor countries in 2022. This is a
Climate change forces real estate developers to add weather-proofing
Climate change has increased the risk of natural disaster losses. This has led to a rise in real estate insurance premiums. Commercial real estate developers
Danish wind power developer Orsted cancels New Jersey offshore wind projects
Danish wind power developer Orsted is canceling two offshore wind projects that were planned off the coast of New Jersey. Orsted has also announced a
India’s reliance on coal to likely continue for the next two decades
As India struggles to find other ways to cool homes down and keep the lights on, its reliance on coal will not reduce in the
China has the potential to lead in decarbonising the construction industry
According to new research by the International Finance Corporation (IFC), China, which is home to the world’s largest buildings construction industry chains, has the potential
Large U.S. energy companies do not see an end to oil demand in the near future
According to Larry J. Goldstein, a former president of the Petroleum Industry Research Foundation, large U.S. nongovernment energy companies do not see an end to
Volvo Cars CEO cautious on solid-state battery technology
Volvo Cars CEO Jim Rowan remains optimistic regarding his company’s electric vehicle (EV) future. Rowan was bullish about the long-term potential of electric motors. The
Installation begins for America’s first major offshore wind farm
Energy company Avangrid’s Vineyard Wind 1 project is all set to become the United States’ first commercial-scale offshore wind project. The first turbine belonging to