Along with a major expansion of renewable energy, India is also pushing for big increases in its coal production, casting doubt on its climate commitments.
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Along with a major expansion of renewable energy, India is also pushing for big increases in its coal production, casting doubt on its climate commitments.
The global wind power industry faced challenges in 2023, with leading companies like Siemens Energy, Orsted, and Vestas projecting ongoing struggles due to project delays, equipment issues, and inflation. Rising costs and the need for sector reform further complicate the industry’s outlook for 2024.
US President Joe Biden has announced a pause on LNG export approvals, aiming to review economic and environmental impacts. The move has been praised by climate activists and could delay new plant decisions until after the 2024 elections.
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.
Environmentalists rejoice as Norwegian court invalidates approval for three offshore oil and gas fields, citing inadequate environmental impact assessment. Ruling may set precedent for future cases. Government may appeal. Production continues until 2024.
Supplemental income from 50 wind turbines helps a fourth-generation family ranch stay viable.
Look at Trump’s words under a microscope. What do you see?
China’s coal consumption is predicted to peak by 2025, with renewable energy becoming the dominant source by 2045. Oil peak expected 2026-2030.
The clean energy sector faced challenges in 2023, but 2024 brings hope. Brands show commitment to sustainability, climate change gains more attention, and clean energy remains resilient despite obstacles. Stay mindful of the climate crisis but remain hopeful during the festive season.
Despite of a deal at COP28 OPEC members still hangs on to the fairy-tale that fossil fuels will last forever.