Aneta Paunoska

UAE engaged in investing in renewable energy and electricity

UAE to invest in new clean energy and renewable electricity grid link

The United States and the United Arab Emirates announced on Sunday that the first $20 billion of their $100 billion clean energy cooperation would be used to finance 15 new gigawatts of renewable energy projects before 2035. The state news agency WAM announced this. According to WAM, Masdar of the United Arab Emirates and a …

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ECB could reduce carbon footprint by selling polluters' bonds

Too much carbon behind a small number of names: ECB can sell their bonds

Research indicates that the European Central Bank (ECB) could significantly reduce the carbon footprint of its portfolio of corporate bonds. ECB can sell just $54.30 billion of debt from polluting corporations. But economists warn that this could lead to significant market distortions. The ECB’s environmental goals have come under the spotlight after board member Isabel …

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EU must support clean technology if it wants to compete to U.S.'s IRA

Let the competition begin: EU must push clean technology to compete with the U.S.

The president of the European Commission stated on Friday that the European Union needed financial instruments to enable its clean technology to compete against American rivals. They already stand to earn from government assistance under the U.S. Inflation Reduction Act (IRA). At a press conference in the northern Swedish town of Kiruna, Ursula von der …

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Many single-use plastic products to be banned in England

England will prohibit many single-use plastic products from October

A variety of single-use plastic goods, including cutlery, plates, and bowls, are subject to the newest ban in England starting in October in an effort to reduce the country’s increasing plastic pollution. The government announced these measures to the British Environment Department this Saturday. The government held a public survey, and 95% of respondents favored …

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GRTgaz

French gas company GRTgaz interested in constructing a hydrogen transport pipeline

The French operator of the Franco-Spanish pipeline BarMar, GRTgaz, on Thursday issued a Call for Interest, or invitation to participate, to assess the feasibility of constructing a hydrogen transport pipeline connecting the French side with a nearby storage facility. By the decade’s end, the BarMar project will link Spain and France by an underwater pipeline …

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New century, new technology: Rapid changes in using hydropower

UN research: Dams storage capacity worldwide is to decline by 25% by 2050

According to a study released this week by the United Nations, more than 50,000 big dams might lose more than a quarter of their storage capacity by 2050. It would happen as a result of silt buildups, compromising the security of both water and electricity worldwide. The United Nations University stated that it is necessary …

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Germany's Subsidies-for-Emissions-Cuts Plan: A closer look

Rhodium: In 2022, U.S. greenhouse gas emissions increased by 1.3%

According to projections released this week by research organization Rhodium, greenhouse gas emissions rose slightly from the previous year in 2022 by 1.3%. It still keeps the U.S. just 15.5% below 2005 levels and off track to reach its global commitment to decrease emissions 50-52% by 2030. The group’s early projections show that emissions will …

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