TOKYO (Reuters) – Japan’s environment ministry warned on Tuesday that the electricity industry, which accounts for 40% of its carbon emissions, will miss its target for cutting carbon dioxide (CO2) by 2030, calling for it to take further measures. The warning ... More »
LONDON (Reuters) – Hydrogen has long been touted as a clean alternative to fossil fuels. Now, as major economies prepare green investments to kickstart growth, advocates spy a golden chance to drag the niche energy into the mainstream of a post-pandemic world.... More »
ALEXANDRIA, Va. (Reuters) – Democratic presidential candidate Michael Bloomberg on Friday unveiled a climate plan to slash U.S. carbon emissions by 50% in ten years, by slapping tougher pollution standards on new gas-fired power plants and replacing coal with ... More »
SOCHI, Russia (Reuters) – Russian President Vladimir Putin and his Chinese counterpart Xi Jinping on Monday oversaw the launch of a landmark pipeline that will transport natural gas from Siberia to northeast China, an economic and political boost to ties betwe... More »
NEW YORK (Reuters) – Citadel’s commodities investments are up at least $1 billion for the year, according to three sources familiar with the matter, helping to drive strong overall performance at one of the world’s largest hedge funds. Citadel, which manages m... More »
SYDNEY (Reuters) – Global money managers and companies are rushing to meet a deadline to report on their carbon footprint, but the lack of a standard metric raises concerns their efforts could just be a box-ticking exercise in the transition from brown to gree... More »
TOKYO (Reuters) – (This August 29 story has been corrected to say China National Offshore Oil Corp, not CNOOC Ltd, in paragraph three.) Japan imported its first cargo of liquefied natural gas (LNG) from China in July as utilities from the world’s biggest buyer... More »
SHANGHAI (Reuters) – Chinese financial institutions provided at least $1 billion in “green” financing to coal-related projects in the first half of this year, a review of financial data showed, with fossil fuels still playing a major role in Beijing’s energy s... More »
BEIJING (Reuters) – The death toll from typhoon Lekima in eastern China rose to 44 people on Monday morning, according to official data, as the storm continued up the coast, racking up billions of dollars in economic losses and widely disrupting travel. An add... More »
MUMBAI/NEW DELHI (Reuters) – India proposed tax waivers on Friday on the purchase of electric vehicles and removed import taxes on some auto components to help boost sales and reduce its dependence on fossil fuels. India, the world’s third-biggest emitter of g... More »
SYDNEY (Reuters) – Australia’s conservative coalition secured an outright parliamentary majority on Monday following a shock election victory, allowing Prime Minister Scott Morrison to progress his legislative agenda without the support of independents. Morris... More »
BOSTON (Reuters) – Top U.S. pension funds are asking electric utilities to accelerate efforts to cut carbon emissions but will not force the issue with proxy resolutions this spring, hoping market shifts and falling prices for renewable energy have already mad... More »
(Reuters) – Democratic lawmakers on Monday asked the Environmental Protection Agency’s inspector general to investigate whether two senior agency officials violated ethics rules by helping reverse an enforcement decision against their former client company. Th... More »
(Reuters) – Southern California Gas continued to urge customers to use less natural gas on Friday to avoid straining its system as cold blankets its service area after restoring more withdrawal capacity at its Aliso Canyon storage facility in Los Angeles. On T... More »
BERLIN (Reuters) – Germany’s phasing out of coal-fired power stations could be delayed beyond 2038 if the deadline creates problems for the security of electricity supply, a senior legislator in Chancellor Angela Merkel’s party said. The phase-out, proposed la... More »
BERLIN (Reuters) – Germany’s Economy Minister Peter Altmaier on Monday said that he did not want Germany to compensate for a planned phase out of coal-fired power by 2038 by importing nuclear power from neighboring countries. “We want energy security to be pro... More »
BEIJING (Reuters) – China’s State Grid Corp [STGRD.UL] will invest 38.7 billion yuan ($5.66 billion) to build five pumped hydro storage plants across the country, in an effort to ease the stranded power system amid Beijing’s push to boost clean energy consumpt... More »
NEW DELHI (Reuters) – Many Delhi residents were forced to spend Christmas indoors this year as air quality remained at “severe to emergency” levels for a fourth day, in the Indian capital’s worst smog crisis this year. Senior officials predicted the severe pol... More »
FRANKFURT (Reuters) – Utilities can increase their efficiency by using more artificial intelligence (AI) technology, such as software to predict demand swings in the power grid or to control home appliances, consultancy Roland Berger said. European utilities c... More »
FILE PHOTO: A loader is seen amid coal piles at a port in Lianyungang, Jiangsu province, China January 25, 2018. REUTERS/Stringer BEIJING (Reuters) – Four of China’s top utilities have told the government some regions will face heating and electricity shortage... More »
China's refiners raised crude oil processing runs to near record monthly levels in October as refining margins jumped after the country's state planner hiked prices for gasoline and diesel at the pump. More »
One year after the state of South Australia suffered a major blackout, the clock has started ticking for Tesla Inc to finish building the world's biggest battery to help keep the lights on in Australia's most wind-dependent state. More »
Miner Glencore PLC (GLEN.L) said on Monday it has kicked off a bid to sell its Rolleston thermal coal mine in Australia, together with its joint venture partners, Japanese trading houses Itochu Corp (8001.T) and Sumitomo Corp (8053.T). More »
China's Commerce Ministry issued a ban effective from Tuesday on several imports from North Korea, including coal, iron ore, lead concentrates and ore, lead and seafood, a move that is in line with U.N. sanctions announced this month. More »
Japan and Russia need to work on building a more trusting relationship before any plans to build a natural gas pipeline between the two nations can be fulfilled, Japan's Minister for Economy, Trade and Industry Hiroshige Seko said on Monday. More »
The California State Teachers’ Retirement System board voted unanimously on Wednesday to divest from non-U.S. thermal coal, affecting a very small fraction of the public pension fund’s portfolio. More »
U.S. President Donald Trump speaks during a signing ceremony with Treasury Secretary Steve Mnuchin at the Treasury Department in Washington, U.S., April 21, 2017. REUTERS/Aaron P. Bernstein U.S. President Donald Trump this week will sign new executive orders b... More »
U.S. President Donald Trump holds up an executive order on ”Energy Independence,” eliminating Obama-era climate change regulations, during a signing ceremony at the Environmental Protection Agency (EPA) headquarters in Washington, U.S., March 28, 2017. REUTERS... More »
At least ten North Korean ships have arrived at a Chinese port after being stranded for the past three weeks following the top global coal consumer’s ban on imports of the fuel from its isolated neighbor, a report said on Friday. More »
The Senate confirmed Scott Pruitt to run the Environmental Protection Agency over the objections of Democrats and environmentalists worried he will gut the agency, as the administration readies executive orders to ease regulation on drillers and miners. REUTER... More »
China will continue to cut excess capacity in the steel sector in 2018, National Development and Reform Commission (NDRC) Vice Chairman Ning Jizhe said at a news conference on Monday. More »
Siemens logo is pictured on a CT scan in the manufacturing plant of Siemens Healthineers in Forchheim near Nuremberg, Germany, October 7, 2016. REUTERS/Michaela Rehle German engineering group Siemens has run a successful test of power generation gas turbine bl... More »
The John Amos coal-fired power plant is seen behind a home in Poca, West Virginia May 18, 2014. REUTERS/Robert Galbraith/File Photo The 27 states challenging Obama’s Clean Power Plan in court say the lower emissions levels it would impose are an undue burden. ... More »
