Net zero by 2050

Australia Steps Up New Initiatives Towards Net Zero By 2050

In a significant break from the previous administration, the Australian federal government has proposed legislation that will secure Australia’s pledge to reach net zero by 2050 as well as provide greater monitoring and accountability over climate change progress. The Climate Change Bill 2022, as it is known, consists of four essential provisions that the MPs […]

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EU Beats 2020 RE Goal, France Lags Behind: Eurostat

The European Union tapped renewables for 22% of its energy consumption in 2020, beating its 20% target, the EU statistics office, Eurostat, said on Wednesday. The bloc’s 27 countries are increasingly turning to wind, solar and other renewable energy sources as part of efforts to meet the EU-wide ambition of net-zero greenhouse gas emissions by […]

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Shell Acquires Solar And Energy Storage Developer Savion

Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquarie’s Green Investment Group. With this acquisition, Shell expects to significantly expand its global solar portfolio. “Savion’s significant asset pipeline, highly […]

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IEA Report Advises Shutting Out Fossil Projects Now, To Reach 1.5C Target

The International Energy Agency (IEA), one of the premier energy modeling agencies and until recently, a key backer of the perception that fossil fuel’s still have a future (of sorts), has finally changed track. In a recommendation that will surprise many people, and please even more who have been calling for the same, the agency […]

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UK Charts Course for Net Zero North Sea: WoodMac

Ambitious transition deal sets tough targets as UKCS players face tricky balancing act The UK government and the country’s oil and gas sector recently agreed a deal to leverage the upstream industry’s capabilities, accelerate the energy transition and help the North Sea reach net zero by 2050. A significant opportunity exists to create a supply […]

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Electric Tractor-Trailer Vehicles are the latest addition to DHL’s Green Fleet

DHL is staying on track to make sure that it meets its climate protection goals. The leading international express services provider continues to stay committed to its goal of emission reduction with the latest addition of trailer-trucks to its green fleet. The launching of four BYD Class 8 battery-electric trucks to its US fleet by […]

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