April 2024 is the warmest on record, with the past 11 months also setting new records, raising concerns for global temperatures.
The UK government suffers an embarrassing court defeat over its climate strategy
By Anders Lorenzen One of the highest courts in the UK has dealt the government an embarrassing blow to its climate strategy. In a case brought by organisations Friends of the Earth, […]
China’s carbon price tops RMB 100
By Jiang Mengnan China’s carbon price has topped RMB 100 (USD 13.80) for the first time. In July 2021, during the first month of the national carbon market, the price averaged about […]
Methane emissions rose in 2023 despite reduction initiatives
Methane emissions, with 80 times the warming potential of CO2, rose in 2023 despite efforts. The IEA emphasizes the need for a 75% reduction by 2030 to combat climate change. United States is taking lead in addressing this issue.
European airlines are investing in sustainable jet fuel
European airlines are pressured to cut emissions and are turning to Sustainable Aviation Fuels (SAF). While promising, SAF accounts for less than 0.1% of global aviation fuel and is pricier. Airlines are investing in SAF production for cleaner flights.
Turkey is racing ahead to become Europe’s biggest coal consumer
Turkey is set to surpass Germany as Europe’s largest coal consumer, driven by high inflation rates and the financial viability of coal-fired electricity over expensive natural gas. Despite coal consumption decreases in Germany and Poland, Turkey’s reliance on coal is increasing.
Google to launch oil and gas methane leak monitoring tool
Google partners with EDF to use satellite technology and AI to map oil and gas methane leaks. The project aims to help reduce emissions.
Financial boost to green steel plant in Sweden
H2 Green Steel, a Swedish company, secures €4.75 billion for the world’s first large-scale green steel plant using green hydrogen, emitting 95% less CO2 emissions. Operations to start in 2025.
2025 coal consumption peak steals the highlight in China’s energy outlook
China’s coal consumption is predicted to peak by 2025, with renewable energy becoming the dominant source by 2045. Oil peak expected 2026-2030.
COP28: The world temperature is expected to reach 1.4 degrees C this year
As the UN’s COP28 climate summit began, the WMO confirmed 2023 is on track to be the warmest year on record, approaching the 1.5°C target set in the Paris Agreement. The report urged urgent emissions reduction amid escalating climate impacts.