Allianz Trade's Critical Raw Materials report highlights the intricate interplay between political dynamics and the push for renewable energy through the lens of vital minerals and metals. As materials like lithium, cobalt, and nickel become crucial for the transition to a fossil fuel-free economy, the renewable energy market's value has surged to $320 billion in 2022, doubling in size over the past five years, with similar growth projected for the next 17 years.
Leeds City Council's innovative decarbonisation program has been recognized for its success in addressing fuel poverty and increasing energy efficiency, particularly during a challenging winter period. The program, in partnership with energy efficiency specialist Cenergist, received recognition at the ASCP Awards for its positive impact on residents struggling with heating costs.
Larsen & Toubro's (L&T) plans to invest $12 billion in green energy over the next five years. The investment will be used to develop solar, wind, and hydropower projects in India and overseas. L&T is one of India's largest engineering and construction companies. The company has a long history of working in the energy sector, and it is well-positioned to take advantage of the growing demand for green energy.
Researchers from the City University of Hong Kong (CityU), in collaboration with other institutions, have developed a highly efficient artificial photocatalytic system that surpasses natural photosynthesis in converting carbon dioxide into methane, a valuable fuel, using light. This innovative system offers promising potential for contributing to the goal of carbon neutrality.
An international drilling expedition led by researchers from the GEOMAR Helmholtz Centre for Ocean Research in Kiel and the University of Oslo has provided compelling evidence that hydrothermal vents were a key driver of global warming about 55 million years ago. Published in the journal Nature Geoscience, the study reveals that these vents were active in very shallow water depths or even above sea level, allowing significantly larger quantities of methane to enter the atmosphere than previously believed.
Delhi's draft climate action plan aims to reduce the city's reliance on hydropower from other states. The plan cites climate change as a major factor in this decision, as changes in temperature and precipitation patterns could make it more difficult to generate hydropower in the future.
Adani Energy Solutions Limited (AESL) has achieved the necessary financial closure for its ambitious $1 billion project involving the establishment of a green high voltage direct current (HVDC) link. The initiative aims to bolster the greening process of Mumbai's power grid by augmenting the infusion of renewable energy into the city's system, thereby meeting its escalating electricity requirements. Scheduled to commence construction in October of this year, the 80 km comprehensive project is a significant step toward reinforcing the region's sustainable energy infrastructure.
A new study reveals that the Greenland ice sheet is losing mass at an accelerating rate and that this is due to a combination of factors, including climate change, ocean warming, and Greenland's topography. Greenland’s ice sheet is the single largest contributor to sea level rise from land ice, and it is estimated that the ice sheet could contribute up to 7 meters (23 feet) of sea level rise if it were to melt completely.
This friendship day, opt for an eco-friendly alternative if you are planning to buy a friendship band for your buddy. Here are some great ideas for making eco-friendly friendship bands. Here are a few of my favourites:
Recent data obtained by the Liberal Democrats indicates that the UK's plans for rail electrification are woefully insufficient to meet the country's net zero emissions goal by 2050. The figures show that over the next three years, the UK is set to electrify only 162.5km (101 miles) of railway track, which is a mere 12% of what is estimated to be required during that period to align with the net zero target. To stay on track for net zero, approximately 448km of rail should be electrified each year, necessitating an eightfold increase in current plans.