German H1 energy use down 3.5% on slower economy, high prices, weather

Power lines are pictured in front of the Weisweiler brown coal power plant of German utility and energy supplier RWE in Weisweiler near the western German city of Aachen, Germany, January 28, 2020. REUTERS/Wolfgang Rattay/File Photo Register now for FREE unlimited access to Register FRANKFURT, Aug 2 (Reuters) – German primary energy consumption fell … Read more

Are we all equally responsible for CO2 emissions from airplanes?

Los aviones emiten CO2 a la atmosphere, pero no todos somos igual de responsable de esas emissions: depende de cómo y cuanto volemos A passenger who travels in business emits three times more CO2 than one who travels in tourist class, and one who travels in first class emits triple that of business The emissions … Read more

EQT in talks with LNG companies on possible agreements, CEO says

Model of LNG tanker is seen in front of the US flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Register July 28 (Reuters) – US energy company EQT Corp’s (EQT.N) discussions with liquefied natural gas (LNG) companies are continuing, the CEO of the biggest natural … Read more

Australia’s Westpac vows to reduce lending to coal, oil companies

A pedestrian looks at his phone as he walks past a logo for Australia’s Westpac Banking Corp located outside a branch in central Sydney, Australia, November 5, 2018. REUTERS/David Gray Register now for FREE unlimited access to Register July 27 (Reuters) – Australia’s Westpac Banking Corp (WBC.AX) on Wednesday announced plans to reduce its … Read more

Saudi crown prince says NEOM business zone will likely be listed in 2024

CAIRO, July 26 (Reuters) – Saudi Crown Prince Mohammed bin Salman said on Tuesday that the NEOM business zone will likely be publicly listed in 2024, al-Ekhbariya TV reported. Construction has begun on NEOM, a business zone in Tabuk province aimed at diversifying the economy of the world’s top oil exporter. “NEOM will add a … Read more

A year on, China’s CO2 market has yet to drive big emission cuts

SHANGHAI, July 22 (Reuters) – China’s year-old carbon market has given more than 2,000 power plants a taste of emissions trading, but design flaws and data fraud have meant limited large-scale greenhouse gas reductions and environmental gains, experts say. China’s much-heralded Emissions Trading Scheme (ETS) is already the world’s biggest, regulating around 4.5 billion tonnes … Read more

EU countries consider options to avoid carbon market fundraising plan

Smoke billows from the chimneys of Belchatow Power Station, Europe’s biggest coal-fired power plant, in this May 7, 2009 file photo. REUTERS/Peter Andrews Register now for FREE unlimited access to Register BRUSSELS, July 14 (Reuters) – European Union countries are considering alternatives to an EU plan to use a carbon market reserve to help … Read more

Supreme Court ruling casts cloud over US leadership in global climate fight

UNITED NATIONS, June 30 (Reuters) – A Supreme Court ruling on Thursday limiting Washington’s authority to reduce carbon output from power plants will hurt global efforts to fight climate change by slowing America’s emissions cuts and undermining US leadership efforts on the international stage, according to diplomats. The conservative court’s 6-3 ruling, the latest in … Read more