New York Enacts Legislation Requiring Fossil Fuel Companies Pay $3B Annually for “Climate Damage Repair”
Wedoany.com Report-Dec 30,New York Governor Kathy Hochul signed legislation (S.2129-B/A.3351-B) requiring fossil fuel companies to contribute $3 billion annually for climate damage repair over 25 year...
‘First-ever’ Blue Bond in MENA Region Sees Light of Day
Wedoany.com Report-Dec 27,Dubai-based terminal operator DP World has issued a staggering $100 million blue bond, becoming the first company in the Middle East to mark this ‘milestone’. Acc...
MHI-Imabari JV Changes Name to Better Respond to Maritime Decarbonization
Wedoany.com Report-Dec 27,MI LNG Company, a joint venture company established by Japanese giants Mitsubishi Heavy Industries (MHI) and Imabari Shipbuilding, is to be renamed as the company has expande...
Public Back Clean Energy Superpower Ambition
Around two thirds of people want to see the UK become a clean energy superpower (64%), and for the UK to make enough clean energy to export it to other countries (65%). The new findings from a nationa...
Emissions Fall In Hard-To-Abate Sectors but Still off Track to Reach 2050 Net-Zero Targets
Wedoany.com Report-Dec 14,The World Economic Forum’s latest Net Zero Industry Tracker shows progress in reducing emissions across eight hard-to-abate sectors—steel, aluminium, cement, primary c...
UK Green Power ‘Set to Overtake Fossil Fuels’
Wedoany.com Report-Dec 11,UK low-carbon renewable power is on course for a major milestone in 2024, overtaking fossil fuel generation for the first full year. That is according to a new report from gl...
Swedfund and IFU Invest in Renewable Energy Development in Southern Africa
Wedoany.com Report-Dec 10,Swedfund and the Danish Investment Fund for Developing Countries, IFU, have partnered with Sturdee Energy to accelerate the expansion of renewable energy in Southern Africa, ...
Planning Permission Granted for Ayrshire Renewables Hub
Wedoany.com Report-Dec 05,A £150 million upgrade to an Ayrshire marine yard has been awarded planning permission, paving the way for increased offshore wind power off the UK’s west coast. ...
Indonesia Phasing Out Coal by 2040 Requires Ramping Up Renewables
Wedoany.com Report-Dec 05,Indonesia’s coal phase-out requires boosting renewables to 65% by 2040, integrating battery storage, and retiring 3 GW of coal annually. Indonesia eyes coal phase out b...
EVs Help Vehicle Emissions Drop to Historic Low in the U.S.
Wedoany.com Report-Dec 02,EVs and PHEVs brought huge climate wins for the transportation sector in 2023. Emissions are down, fuel economy levels are up. Fully electric and hybrid vehicles are helping ...