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...to clean energy....
...Fossil fuel projects received $33.5bn a year on average compared with $4.7bn for clean energy development, it found....
...At the same time, the 50 fossil fuel companies — representing about a third of global oil and gas production — pledged to stop routine flaring of excess gas and eliminate almost all leaks of methane, a potent...
...The US added 33.8GW of utility-scale renewable energy projects last year, the highest amount on record, bringing the total renewable capacity on the grid to 262GW, according to American Clean Power, an industry...
...More than $1.6bn of the awards involve hydrogen, and come on top of IRA’s tax credit of up to $3 a kilogramme of clean hydrogen, as well as its subsidies for clean energy production....
...It has been described as “the first fuel” in clean energy transitions....
...Yet, since before COP28’s agreement to move away from fossil fuels, oil and gas companies have been telling a different story, full of sound and fury, of the demise of the clean energy transition....
...Although natural gas is cleaner than other fossil fuel alternatives, it still releases substantial amounts of carbon dioxide when burnt....
...Fossil fuel power plants were largely used instead, the IEA said, resulting in about 170mn tonnes of extra carbon dioxide emissions, or about 40 per cent of the total increase last year....
...Because of his scores for the Indiana Jones and Star Wars movies, he is a hero, and the thrilled responses showed that....
...Yet if we had acted more boldly 40 years ago, solar PV might have been cheap enough to put fossil fuels out of business at the turn of the millennium....
...Clean energy is also benefiting from a flurry of technological innovation....
...This is an audio transcript of the FT News Briefing podcast episode: ‘Can Telegram clean up its act?’ Sonja Hutson Good morning from the Financial Times....
...This included a joint pledge to “accelerate the substitution” of fossil fuels with green energy....
...“Pine Gate has done a terrific job serving customers like big data centres, but others as well who are desperate for clean energy that is cheaper and greener than the other sources of power,” Generate’s...
...(Simon Mundy) Smart read As the shift away from combustion engines threatens to leave a $110bn hole in government revenues because of a drop in receipts from fuel duties, our Energy Source colleagues explain...
...Battery costs have fallen by more than 90 per cent over the past 15 years, one of the fastest declines ever seen in clean energy technologies, the IEA said....
...Minimum bond requirements, used to pay for the clean-up of abandoned wells, will rise from $10,000 to $150,000 for an individual lease....
...We also detail a report alleging that private equity group KKR is continuing to invest in fossil fuels despite its pledges on clean energy....
...The US government has offered sweeping incentives to clean energy developers in a bid to rapidly decarbonise the electricity grid....
...But it is also at the heart of one of the biggest challenges facing whoever forms the next government: making far greater inroads in the country’s shift away from fossil fuels, while boosting growth and...
...Herbert Diess, a former Volkswagen executive, will join The Mobility House as executive chair of the board, the clean transport company announced....
...Carolyn Goerner, faculty chair of executive education for Kelley School of Business at Indiana University, stresses the distinction between acquiring knowledge and developing skills, suggesting that traditional...
...is crucial to clean energy technologies of the future....
...to gut in favour of increased fossil fuel investment....
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