Enbridge announces joint venture for large-scale CCS projects
E&E News ($): Pipeline company Enbridge Inc. and three other energy companies announced a partnership Friday to build and operate carbon capture projects in North America for large industrial...
View ArticleBHP confirms talks with Woodside to sell its petroleum business
Wall Street Journal ($): BHP Group Ltd. said it is considering the sale of its petroleum business, a move that would reduce its exposure to fossil fuels amid growing pressure from investors and...
View ArticleCanada plans solar project in land of ‘midnight sun’
Yukon News: Officials from the Government of Canada, Government of Yukon, Dawson City and the Klondike Development Organization announced on Aug. 12 that Canada and the Yukon are investing in more...
View ArticleMitsubishi, Shell sign deal to produce blue hydrogen in Canada
Reuters: Japan’s Mitsubishi Corp and Shell Canada have signed a memorandum of understanding to produce low-carbon hydrogen to support Japan’s push for clean energy, the companies announced on...
View ArticleTop U.S. Treasury official calls for accelerated coal-fired plant closures
Reuters: The U.S. Treasury’s top climate official on Thursday said programs to accelerate the closure of coal-fired power plants are an “absolutely critical part” of fighting climate change but carry...
View ArticleCanada’s Trans Mountain pipeline loses another insurer as U.S.-based Chubb...
Energy Mix: The world’s biggest publicly-traded provider of property and casualty insurance, Chubb, has become the 16th insurer to declare that it won’t back the controversial Trans Mountain pipeline,...
View ArticleIEEFA Europa: El exceso de capacidad y una fiebre por invertir suben las...
15 de septiembre de 2021 (IEEFA) – La Empresa Nacional de Gas (Enagás) se ha beneficiado de una estrategia de «seguridad y diversidad del suministro» como excusa para construir o ampliar plantas de...
View ArticleIEEFA Europe: Overcapacity and investment fever push costs to Spanish...
September 15, 2021 (IEEFA) – Empresa Nacional de Gas (Enagás) has benefited from a “security and diversity of supply” strategy as an excuse to build or expand liquefied natural gas regasification...
View ArticleIEEFA Canada: Teck’s possible met coal exit an ominous sign for U.S. coal...
Teck Resources, the Canada-based copper, zinc and coal mining company that is one of the biggest exporters of steelmaking coal in the world, is considering selling or spinning off its metallurgical...
View ArticleCanada fossil fuel workers press Trudeau over retraining pledges
Reuters: Prime Minister Justin Trudeau’s narrow election victory this week reinforced Canada’s commitment to reach net-zero greenhouse gas emissions by 2050, but workers in the country’s sizable fossil...
View ArticleCanada clean fuel standard draws fire for reliance on upstream credits
Reuters: One of Canada’s flagship pieces of climate regulation has run into criticism from clean fuel lobby groups as Prime Minister Justin Trudeau prepares to start his third term in office, with...
View ArticleCanada generator TransAlta plans 2 gigawatts of renewables by 2025
Renewables Now: Canadian power generator TransAlta Corp (TSE:TA) has set strategic growth targets that call for the company to add 2 GW of renewables capacity to its fleet by the end of 2025. By this...
View ArticleQuebec pension fund announces oil divestment plan by end of 2022
Pensions & Investments: Caisse de dépôt et placement du Québec, Montreal, announced a new climate strategy that includes completing a divestment from oil production holdings by the end of 2022. The...
View ArticlePanama plans end to coal-fired power by 2023, boost renewables
Reuters: Panama will advance a clean-energy push by embracing ethanol in its gasoline and ending the use of heavy fuels and coal for its power plants by 2023, the nation’s energy minister said. Even...
View ArticleUK prime minister commits to green sources for electricity by 2035
The Guardian: The prime minister has confirmed plans to eliminate fossil fuels from UK electricity generation by 2035. Speaking during the Conservative party conference, Boris Johnson said the proposed...
View ArticleOil companies ask Canada for 75% of carbon capture construction costs
Reuters: Oil and gas companies have asked the Canadian government to design a tax credit to pay for 75% of the cost to build carbon capture facilities that will curb greenhouse gas emissions, the...
View ArticleEuropean Union plans push for end to Arctic fossil fuel production
Nikkei Asia ($): The European Union is to push for an end to the exploitation of Arctic gas, oil and coal even as energy shortages rock countries and companies across the world, according to a draft...
View ArticleBanks using loopholes to dodge pledges to stop funding Arctic drilling
Wall Street Journal ($): Some of the world’s largest banks, including Goldman Sachs Group Inc., HSBC Holdings and BNP Paribas SA pledged in recent years to stop direct financing of Arctic oil...
View ArticleIEEFA Update: COP26 is different to prior COPs
The world has entered a technology race for decarbonisation. Green hydrogen, the ‘electrification of everything’, batteries, electric vehicles (EVs), hydrogen fuel cell vehicles, international grid...
View ArticleU.S. utility-scale solar penetration rose to 2.2 percent in 2020
S&P Capital IQ ($): The utility-scale solar power penetration in the U.S. increased to 2.2% in 2020 from 1.7% in 2019 as more companies continue to adjust their fuel mix in favor of renewable...
View Article