TC Energy finally pulls plug on Keystone XL oil pipeline
Wall Street Journal ($): Canada’s TC Energy Corp and the Albertan provincial government said Wednesday they would scuttle the Keystone XL oil pipeline project, bringing to an end a years-long...
View ArticleGermany and Australia sign accord to boost hydrogen production, trade
Reuters: Germany and Australia on Sunday signed a bilateral alliance on hydrogen production and trade to try to facilitate a renewable energy-based hydrogen supply chain between the two countries....
View ArticleCanada announces ban on new thermal-coal mining projects
Bloomberg ($): The Canadian government will no longer approve thermal-coal mining projects because of their contribution to the climate crisis. “New thermal coal mining projects or expansions are not...
View ArticleU.S. and Japan block G-7 effort to set end date for coal
Politico: At a global summit meant to showcase their efforts to rescue the climate, the leaders of the richest, most advanced countries on the planet were left stuck on the rock that fueled the 19th...
View ArticleIEEFA: Keystone XL project became another pipeline to nowhere
As the Federal Energy Regulatory Commission (FERC) reviews the public comments it recently received on its proposal to reconsider how it determines whether a gas pipeline should be granted a...
View ArticleMore than half of China overseas coal plant projects nixed since 2014
Bloomberg: Over half of the Chinese-backed overseas coal-fired power plant projects have been shelved or canceled over the past six years, underscoring the rising forces against coal investments...
View ArticleBond investors beginning to focus on ESG benefits
Bloomberg ($): Here’s a bit of good news from ESG land, a place all too often marked by overly-enthused press releases, limited oversight and a patchwork of regional rules and incentives that can...
View ArticlePuerto Rico grid privatization running into problems early and often
Miami Herald: As a flash storm poured over San Juan on June 1, leaders and members of labor unions huddled under a yellow tent in front of the Puerto Rico Electric Power Authority to denounce LUMA...
View ArticleHydro-Quebec finishes solar parks for test of diverse energy sources
PV Magazine: Canada-based power company Hydro-Quebec has announced the completion of two solar parks with a combined capacity of 10 MW. Construction on the two facilities, which are Quebec’s first...
View ArticleAmazon primes company for rapid shift to renewables
S&P Global Market Intelligence ($): Amazon.com Inc. announced a new wave of contracts to buy electricity from 14 new renewable energy projects in the U.S., Canada, Finland and Spain in a bid to...
View ArticleAES accelerates closure of 1,097MW of coal units in Chile
Argus Media: US utility AES is accelerating the shutdown of 1,097MW of coal-fired power generating units in Chile, in line with the greening of its corporate strategy and the country’s decarbonization...
View ArticleAustralia under pressure to follow EU lead on carbon taxes
The Guardian: Australia is facing growing pressure over its climate policies as the US edges closer to following the European Union in imposing new charges on imports of emissions-intensive products....
View ArticleIEEFA: Global investors are moving away from the massive climate-related...
19 July 2021 (IEEFA Australia): Despite the economic disruption from COVID-19, top global debt and equity investors are continuing to drive capital into the renewable energy infrastructure sector due...
View ArticleBHP, world’s largest miner, mulls selling multibillion oil and gas assets
Bloomberg ($): BHP Group is considering getting out of oil and gas in a multibillion-dollar exit that would accelerate its retreat from fossil fuels, according to people familiar with the matter. The...
View ArticleOver 500 organizations say carbon capture hinders energy transition
Canada’s National Observer: Investment in carbon capture technology will hinder Canada’s transition away from fossil fuels and exacerbate the effects of climate change, says a new letter co-signed by...
View ArticleAvangrid-NextEra squabble threatens Massachusetts climate goals
MassLive: The dispute is over a 145-mile transmission line, which would cost nearly $1 billion and is being financed by Massachusetts electric ratepayers, which would eventually bring hydropower from...
View ArticleBrookfield, TPG have $12.4 billion combined for climate investments
S&P Global Market Intelligence ($): Investors on July 27 said they have raised a combined $12.4 billion in initial commitments for two separate funds that will finance efforts to limit climate...
View ArticleWashington county becomes first in US to ban new fossil fuel projects
The Guardian: A county in Washington state has become the first such jurisdiction in the US to ban new fossil fuel infrastructure, following a lengthy battle over the impact of oil refineries on the...
View ArticleKeystone XL developer plans switch to renewables to operate pipelines
Reuters: Canadian pipeline operator TC Energy Corp (TRP.TO) could spend billions of dollars on its plans to lower emissions by switching to renewable energy to run its huge network of U.S. and Canadian...
View ArticleIEEFA U.S.: Texas confronts decline in oil and gas industry
July 28, 2021 (IEEFA) ⎼ Texas policymakers, regulators and public opinion have long held that “what’s good for oil is good for Texas.” But Texas’s economy has become more broad-based and the oil and...
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