China National Petroleum Corp. Lowered Methane Emissions In 2020
China National Petroleum Corp. (CNPC) cut its 2020 methane emission intensity by 6%, compared to 2019 levels. The company had announced plans to cut methane emissions 50% by 2025 from a 2019 baseline. CNPC...
Survey Indicates ESG Inclusion In Incentive Compensation Plans Is Higher In The United Kingdom...
According to a recent comprehensive survey by Pay Governance, a major board-level executive compensation advisory firm, nearly all United Kingdom and European Union companies surveyed included ESG metrics in their incentive compensation plans, compared...
Are Wind Farms Slowing Each Other Down?
More and more countries are promoting the expansion of wind farms at sea to support the transformation toward a carbon-neutral energy production. However, if these offshore wind farms are set up close to each...
ABS Publishes US Offshore Wind Report
ABS, a global provider of classification and technical advisory services to the marine and offshore industries, has published a report evaluating the United States offshore wind industry’s readiness to deliver the 40 GW of offshore...
Renault And Plug Power To Develop Hydrogen-Powered Light Commercial Vehicles
Renault SA and Plug Power Inc. have launched a joint venture for developing hydrogen-powered light commercial vehicles. Named HYVIA, both companies will have equal stakes in the newly formed entity. Renault’s David Holderbach will...
Temasek And BlackRock Launch Decarbonization Investment Partnership
Temasek International (Temasek), an investment company with a net portfolio value of US$214 billion, and BlackRock Inc., one of the largest financial services companies in the United States, announced the establishment of a partnership...
Rainforest Action Network Calls Out Big Banks On Fossil Fuel Spending
The 12th edition of the self-proclaimed most comprehensive report on fossil fuel bank financing by the Rainforest Action Network (RAN) documents an alarming disconnect between the global scientific consensus on climate change and the...
Meet The Coalition That’s Investing US$16 Million A Day On New Technology To Fight...
The Paris Agreement, which celebrated its fifth anniversary on Earth Day 2021, is arguably the single most important piece of environmental legislation passed by the United Nations over the last decade. But while the...
The Dirty Truth Behind China’s Solar Panel Production
According to a recent report by Bloomberg, China has grown its massive integrated production supply chain to produce 75% of the world’s solar panels. An earlier story by Forbes said that around 80% of...
Doosan Steps Up Hydrogen Gas Turbine Development
Doosan Heavy Industries & Construction (Doosan) has signed a series of agreements with public power entities and local governments to develop and demonstrate industrial hydrogen gas turbines.
Doosan signed a memorandum of understanding (MoU) with...
