2023 has been a landmark year for renewable energy, with solar power leading the charge and significant advancements in battery technology. The global capacity for renewable energy increased rapidly, signalling a potential shift away from fossil fuels and a move towards mitigating the effects of global warming. This growth has been fuelled by the declining […]
Category: Highlights
Japan Commits Leadership in Asia’s Carbon Neutrality Quest at Inaugural AZEC Summit
At the first Asia Zero Emission Community (AZEC) summit in Tokyo, Japanese Prime Minister Fumio Kishida committed Japan to spearheading the drive for a carbon-neutral Asia, aiming to create a substantial decarbonization market to attract global investment. The summit, which excluded Myanmar due to its military rule since February 2021, brought together Japan, nine ASEAN […]
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COP28 Climate Summit: Historic Fossil Fuel Transition and Climate Initiatives
At COP28, global leaders made a historic decision to transition away from fossil fuels, marking the first time such language was included in the final agreement. The focus shifted from climate finance to the role of fossil fuels in climate change, leading to an agreement on a just and equitable energy transition. Activists and vulnerable […]
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Enhancing Hydrogen Production with Bimetallic Photocatalysts
Researchers have developed a two-dimensional bimetallic catalyst combining platinum nanoparticles with a supercrystal structure of gold nanoparticles, showing a significant increase in hydrogen production from formic acid under visible light and solar irradiance. This catalyst capitalizes on the interaction between plasmonic and catalytic properties, where electric field intensity at ‘hotspots’ correlates with heightened catalytic activity, […]
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Azerbaijan to host COP29 amid debate on Fossil Fuel Producers leading Climate Talks
Azerbaijan is set to host the 2024 UN climate conference (COP29), marking the second year a major fossil fuel producer will lead the summit. The decision came after Russia blocked EU countries’ bids and a resolution between Azerbaijan and Armenia removed potential vetoes. While the choice awaits formal ratification, it’s likely to pass as a […]
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RGGI Auction 62 starts
Let’s see what the RGGI Auction – which starts today – bring. The “Expiration date for bond or letter of credit submitted as financial security” is not later then the 21st of December, so in about two weeks time. This page contains the Auction Notice, information for potential bidders, and application materials for the 62nd […]
Denmark: EU goal must be 90% greenhouse reduction by 2040
Denmark’s climate minister, Lars Aagaard, urged the European Union to increase its climate goals to a 90% reduction in greenhouse gas emissions by 2040. This announcement was made on X.com during the #COP28 climate talks in Dubai. Aagaard hopes other EU countries will follow Denmark’s lead, especially since the EU has already committed to a […]
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Austria’s Climate Finance Strategy Criticised for Insufficient Funds and Lack of Adaptation Measures
The Renewable Energy Association of Austria criticises the financial agreement for climate protection as being marginal, with the main instrument—the Zukunftsfonds—underfunded at 1.1 billion euros, of which only 600 million is climate-related. This budget is allocated for housing renovations, renewable energy expansion, and environmental protection, with an additional 30 million for public transportation. Experts from […]