China Discovers ‘Nipeiite-(Ce),’ a New Mineral with Highest Cerium Content

China has announced the discovery of a new cerium-rich silicate mineral, Nipeiite-(Ce), which has been officially recognized by the International Mineralogical Association. Found in a rare-earth mine in Henan Province, this mineral is named in honor of Professor Ni Pei from Nanjing University for his contributions to the study of tungsten and rare-earth deposits. The […]

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UK to Introduce Carbon Levy on Imports by 2027

The UK government has announced plans to implement a carbon pricing mechanism on imports of carbon-intensive goods such as iron, steel, and cement by 2027. The move aims to combat ‘carbon leakage’—where emissions are shifted to countries with laxer carbon restrictions—and ensure that imported goods face equivalent carbon costs to domestic products. Chancellor Jeremy Hunt […]

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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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Green Hydrogen: Nova Scotia’s Energy Future Under Scrutiny

Nova Scotia is abuzz with the promise of a green hydrogen revolution, with EverWind Fuels proposing to harness the province’s wind resources to produce green hydrogen and ammonia for export to Europe. The company’s CEO, Trent Vichie, sees it as a “once-in-a-generation opportunity” for Nova Scotia to become a world leader in clean energy. The […]

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1Komma5 Grad Secures Bank Loans for Expansion and Eyes 2025 IPO

Hamburg-based energy start-up 1Komma5 Grad has received its first bank loans, totaling approximately €52.5 million, from BNP Paribas, Deutsche Bank, and LBBW, proving its creditworthiness as it prepares for a planned initial public offering (IPO) in 2025. The company, led by CEO Philipp Schröder, intends to use the borrowed capital primarily for acquisitions rather than […]

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China: Nuclear-Powered Container Ship Design with Near-Zero Emissions

At the Marintec China 2023 expo, Jiangnan Shipyard, under China State Shipbuilding Corporation Limited, introduced the design for what is claimed to be the world’s largest nuclear-powered container ship. This 24000TEU-class vessel, boasting near-zero emissions, is powered by a Molten Salt Reactor (MSR) that operates at high temperatures and moderate pressures to significantly reduce the […]

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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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Blue ammonia not as green as COP28 president suggests

The COP28 president, Sultan Al Jaber, who is also the UAE’s Minister of Industry and Advanced Technology and CEO of the Abu Dhabi National Oil Company (ADNOC), promotes blue ammonia as a low-carbon product. However, experts disagree with this characterisation. Blue ammonia is made by capturing CO2 emissions during the production of blue hydrogen, which […]

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Japan Commits to Coal Reduction and International Aid at COP28

At COP28, Japanese Prime Minister Fumio Kishida committed to reducing Japan’s coal dependency and achieving carbon neutrality by 2050. He announced plans to halt new coal plant construction without emission controls and to increase financial support for developing nations through international lenders. Kishida also pledged to work towards tripling global green power and to contribute […]

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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 […]

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EU Launches Initial Phase of CO2 Emissions Tariffs on Imports

The first phase of a pioneering system to impose CO2 emissions tariffs on imports like steel and cement, aiming to equalize the cost of pollution between EU industries and foreign producers was initiated on October 1st 2023. Starting 2026, EU importers must buy certificates for the greenhouse gases produced by these goods. The measure seeks […]

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Blue Carbon Strikes $1.5 Billion Carbon Credit Deal with Zimbabwe

Dubai-based Blue Carbon has secured a $1.5 billion memorandum of understanding with Zimbabwe to generate carbon credits through forest protection and rehabilitation, covering nearly a fifth of the country’s landmass. This marks Blue Carbon’s fourth African venture in 2023, following similar initiatives in Liberia, Zambia, and Tanzania, totaling rights to develop carbon offset projects across […]

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