Eastern Europe / bneGREEN
bneGREEN: Renewable energy was a hot topic in Davos but for Europe, much work remains
‘Cooperation in a fragmented world’ was the theme at the World Economic Forum in Davos, but Europe is still struggling to catch up with the cleantech policies of the US and China.
bneGREEN: Patent data show shift to green hydrogen gaining momentum
Global hydrogen production is set to become greener, with patent data suggesting a shift towards a new wave of innovation and scientific development in electrolysis technology.
bneGREEN: Green transition is $10.3 trillion opportunity for the global economy by 2050, new report finds
New green industries could be worth $10.3 trillion to the global economy by 2050, equivalent to 5.2% of global GDP that year, finds a new report by Arup and Oxford Economics.
GUSTAFSON: Russian nuclear power – unsanctioned – is prospering worldwide
As the Western nuclear industry flounders, Russia’s Rosatom is building nuclear power plants on time and under budget around the world, while selling uranium to the United States.
bneGREEN: Record 2022 for coal threatens green targets
World coal consumption reached a new high in 2022 before levelling out in 2023 and 2024, with rising usage in emerging Asian countries cancelling out falling demand in advanced economies.
Kazakhstan moves uranium exports through Middle Corridor
Kazatomprom said it was avoiding routes across Russia due to sanctions on the country.
Apocalypse 2050: World on course for 15% GDP fall
The world is set to see global GDP plummet by a catastrophic 15% by 2050 if current emissions trends are not reined in and global warming reaches 2.2°C by 2050.
bneGREEN: Rosatom’s Saudi bid next step for Russian nuclear tech
Rosatom aims to build the first nuclear reactor in Saudi Arabia as part of the company’s global drive to break into emerging markets for atomic energy
bneGREEN: Renewables finally achieve turbocharged growth
Solar is set to overtake coal as the world’s leading source of power supply by early 2025, the IEA said
bneGREEN: War in Ukraine speeds up global transition to renewable energy
The global energy crisis caused by Russia’s full-scale invasion of Ukraine has sped up the green transition, Ukraine Business news reported on December 7.
bneGREEN: Energy efficiency investment turns the corner in 2022, but more is needed
Global investment in energy efficiency could rise by 16% to $560bn in 2022, the International Energy Agency said, as governments and consumers respond to fuel supply disruptions and record-high energy prices.
bneGREEN: Climate paralysis at COP27 as no progress made on 1.5 degrees
COP finished two days late on November 20 without any new agreements on climate change targets or emissions reductions, although a deal was hammered out to set up an as yet uncosted loss and damage fund.
bneGREEN: COP27: Coal proves a stubborn foe in fight to save climate
Reducing coal consumption is the central challenge to achieving the world’s climate targets, Fatih Birol, executive director of the International Energy Agency, told COP27.
bneGREEN: COP27 warns business cannot be trusted to police greenwashing
The UN has identified greenwashing by business and finance as the biggest danger facing the race to net zero, urging them to avoid a toxic cover-up and to ensure that any climate pledges they keep are in line with the 1.5-degree targets.
bneGREEN: Uberwealthy are the worst climate criminals
The investments of the world’s 125 wealthiest people produce the same amount of CO2 as the whole of France, while each of them emits a million times more greenhouse gases than the average person.
bneGREEN: Gas has potential to derail COP27’s green ambitions
Emissions from future LNG projects and could use up 10% of the remaining global carbon budget for 1.5˚C warming by 2050.
bneGREEN: No fairness but some hope at COP27
COP26 has not delivered so far on the promises made in Glasgow in November 2021, with companies failing to move towards zero emissions pledges and the world as a whole not meeting the targets and aspirations laid down.
bneGREEN: Vestas reins in outlook as inflation and the energy crisis continue
Wind giant Vestas has reduced its financial expectations for the year because of pressures from inflation and the energy crisis that followed Russia’s invasion of Ukraine.
