Extinction Rebellion and Greenpeace Netherlands protests against Rabobank’s agricultural policies in the Dutch city of Utrecht last year. Photo credit: Marten van Dijl / Greenpeace. By Anders Lorenzen A coalition of green groups led by Greenpeace has in a report, found that Europe’s largest banks have failed to stop investing in climate and nature-destructive projects. The report which was published […]
Photo credit: WindEurope. By Anders Lorenzen Analysis by WindEurope, Europe’s wind power industry group, reveals a record-breaking year for European wind power when it comes to investments in the industry as well as installing new capacity. The report revealed a significant comeback. The wind sector having struggled in 2022 with soaring inflation, interest rates and the volatile energy markets as […]
A coal power plant at Dadri in Gautam Budh Nagar district, Uttar Pradesh. Despite a significant uptake of renewable energy, India still relies on coal plants for more than half of its installed electricity supply. Photo credit: Mayank Makhija / Alamy. By Rejimon Kuttappan Along with a major expansion of renewable energy, India is also pushing for big increases in […]
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 […]
Dubai, United Arab Emirates (UAE), site of the COP28 conference at the end of the month, where government representatives from all UN countries will discuss global efforts to limit climate change and adapt to its effects. Photo credit: Frank Peters / Alamy. By Kashmala Kakakhel COP28 will be judged on its solutions to questions of climate finance – for mitigation, […]
Photo credit: Earth Overshoot Day. By Anders Lorenzen Earth Overshoot Day is the day of the year when we have already used up all the resources the Earth can generate. It has been happening earlier and earlier each year since the 1970s. This year the day falls on the 2nd of August. It is estimated it would take 1.7 Earths […]
US President Joe Biden delivers remarks at North America’s Building Trades Unions Legislative Conference at the Washington Hilton. Photo credit: Reuters / Leah Millis. By Anders Lorenzen The Biden Administration has set up an $11 billion grant to encourage rural clean energy projects. Rural energy companies, co-operatives as well as other providers of energy, will soon be able to apply […]
Flooding in the US Midwest. Photo credit: Don Becker, USGS – via Flickr. By Amanda Abrams Rising seas, fires, and outdated government policies threaten a repeat of the subprime mortgage meltdown. Liz Greene hadn’t originally intended to buy this house. She’d been looking at another one here in the River Haven subdivision, 20 miles northeast of Myrtle Beach, South Carolina. […]
US John Kerry speaks during the 2023 Our Ocean Conference, in Panama City, Panama. Photo credit: Reuters / Aris Martinez. By Anders Lorenzen As a part of a landmark oceans agreement, the US has pledged $6 billion to protect oceans alongside tackling climate change. Announced by US climate envoy John Kerry, the country’s commitment includes a total of 77 different […]
Africa A solar farm in Western Cape, South Africa. Photo credit: Reuters / Esa Alexander. By Anders Lorenzen Countries in the African continent could be about to receive a solar investment boost which will contribute to unlocking the huge solar potential of the continent. A new investment fund worth €87.5 million will finance solar power production across the continent with […]