Energy Secretary Jennifer Granholm delivers a keynote address. Photo credit: Department of Energy. By Anders Lorenzen In a bid to shore up its climate agenda ahead of the November US election, the Biden Administration has unveiled $6 billion worth of funding for carbon reduction projects. The US Department of Energy announced funding that would subsidise 33 industrial projects in 20 […]
H2 Green Steel. By Anders Lorenzen H2 Green Steel, the Swedish company behind a project to construct the first large-scale green steel plant in the world, has received a significant financial boost. H2 Green Steel has raised €4.75 billion worth of funding for the flagship plant, which will be located in Boden, a town in northern Sweden. The company was […]
climate change <img data-attachment-id="14128" data-permalink="https://agreenerlifeagreenerworld.net/northseanorway-2016january11-semisubmersiblerig/" data-orig-file="https://agreenerlifeagreenerworldsite.files.wordpress.com/2023/09/6328667fb6431668fa6427c7_semi-submersiblerig.jpg" data-orig-size="5246,3497" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"Shutterstock","camera":"","caption":"NORTH SEA, NORWAY – 2016 JANUARY 11. Semi Submersible rig West Alpha deballasting and ready for rig move in Norwegian harsh weather condition","created_timestamp":"1644537600","copyright":"Copyright (c) 2022 Arild Lilleboe\/Shutterstock. No use without permission.","focal_length":"0","iso":"0","shutter_speed":"0","title":"North,Sea,,Norway,-,2016,January,11.,Semi,Submersible,Rig","orientation":"1"}" data-image-title="6328667fb6431668fa6427c7_Semi-submersible rig" data-image-description data-image-caption=" NORTH SEA, NORWAY – 2016 JANUARY 11. Semi Submersible rig West Alpha deballasting and ready for rig […]
Underground tunnels in the Canadian uranium mine Cigar Lake. Photo credit: Cameco. By Anders Lorenzen There are signs that the nuclear energy sector is finally starting to ramp up as countries are investing in more nuclear energy capacity to meet decarbonisation targets. Uranium is a key component found in nuclear energy reactors and a new report predicts that the demand […]
Germany Chancellor Olaf Scholz. Photo credit: Reuters / Annegret Hilse. By Anders Lorenzen As Germany is struggling to reduce its emissions following its phaseout of nuclear power, the government are targeting another low-carbon energy source; geothermal energy. This week, the country’s Chancellor Olaf Scholz said that deep geothermal energy had great potential for heat generation in Germany, as Berlin aims […]
finance A busy train station in Sao Paulo, Brazil. Reuters / Amanda Perobelli. By Anders Lorenzen The credit ratings agency Moody’s has warned that climate impacts in South America could cost the continent nearly a fifth of its gross domestic product (GDP) by the end of this century unless new policies are implemented to curb the impacts of climate change. […]