Science – Technology – Innovation

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29 04 2021 | 09:28

Total declares force majeure at $20 billion LNG Mozambique plant.

The French energy firm Total SE announced yesterday that it has halted all operations on its $20 billion investment in a liquefied natural gas project in northern Mozambique as a result of the…

29 04 2021 | 08:53

AFRICA: EIB commits 340m euros for water and renewable energy in 5 countries

The European Investment Bank (EIB) is approving €340 million for water and renewable energy in Africa. The loans are for the construction of sustainable infrastructure in Mali, Chad, Guinea, Malawi…

27 04 2021 | 17:15

Colorado legislature considers bill to divest state pension fund from fossil fuels

Colorado lawmakers, following lead of other major funds, seek to drop coal, oil and gas stocks A Colorado bill that would require the state’s employee retirement fund to drop investments in fossil…

27 04 2021 | 17:10

Carbon capture goals miss the mark at Boundary Dam 3 coal plant.

Carbon capture at SaskPower’s Boundary Dam 3 facility falls far short of projections. An announcement by a Canadian power company that it’s met carbon capture goals shouldn’t be taken at face value…

27 04 2021 | 17:04

PFI: Chinese banks “genuinely trying to exit coal”

The number of coal-fired power plants that still have project finance debt is greatly diminished today, whereas 15 years or so back they were all financed with non-recourse debt. Those that do have…

27 04 2021 | 16:55

UAE makes argument for renewables while boosting oil production.

The United Arab Emirates, one of the world’s biggest oil producers, said the commercial case for renewable energy has never been stronger. The Middle Eastern country plans to be at the forefront of…

27 04 2021 | 16:04

How Africa Should Approach Trade and Industrialization.

The African Continental Free Trade Area is a positive step, but it is no panacea. If Africa is to overcome barriers to structural transformation and industrialization, a broader strategy, based on…

27 04 2021 | 15:52

Africa at highest risk of instability as oil and gas production wanes.

When it comes to the final frontier for big oil discoveries, it’s not the Guyana-Suriname basin where supergiants like ExxonMobil (NYSE:XOM), Hess Corp. (NYSE:HES), and CNOOC (NYSE:CNOOC) have…

27 04 2021 | 11:46

Biden Refuses to Shut Down Dakota Access Pipeline, Despite Campaign Pledges on Tribal Relations and Climate.

Indigenous leaders and climate campaigners on Friday blasted President Joe Biden's refusal to shut down the Dakota Access Pipeline during a court-ordered environmental review, which critics framed as…

27 04 2021 | 11:32

Hydrogen, sun, wind: Which ones can make the best contribution to Europe's energy transformation?

Meeting the EU’s proposed new climate targets for 2030 will require a “transformation” of the bloc’s energy system, with a renewed focus on renewables and further efforts to cut fossil fuels in…

27 04 2021 | 10:45

Bond goes green 007’s next mission: climate change.

Could climate change be the next big James Bond mission and villain? MI6 will begin monitoring other countries to ensure they are playing fair on their climate commitment pledges.

27 04 2021 | 10:38

New Financial Alliance for Net Zero Emissions Launches.

Industry-led and UN-convened Net Zero Banking Alliance also announced today, co-launched by the UNEP Finance Initiative and the Financial Services Taskforce of the Sustainable Markets Initiative

27 04 2021 | 10:33

Analysts' inaccurate cost estimates are creating a trillion-dollar bubble in conventional energy assets.

The following is a contributed article by Tony Seba and Adam Dorr, founder and research fellow, respectively, at RethinkX. For the past 10 years, there has been a conventional energy bubble…

27 04 2021 | 10:24

Climate change could cost global economy $23T by 2050.

Climate change's toll on agriculture, disease and physical infrastructure, as well as redirected government spending, among other issues, could cause the global economy to lose $23 trillion, 10…

27 04 2021 | 10:23

UK enshrines new target in law to slash emissions by 78% by 2035.

  UK government to set in law world’s most ambitious climate change target, cutting emissions by 78% by 2035 compared to 1990 levels for the first time, UK’s sixth Carbon Budget will incorporate…

27 04 2021 | 10:08

Cycling Is More Important Than Electric Cars for Achieving Net-Zero Cities

Globally, only one in 50 new cars were fully electric in 2020, and one in 14 in the UK. Sounds impressive, but even if all new cars were electric now, it would still take 15-20 years to replace the…

27 04 2021 | 10:07

Extinction Rebellion announces ‘wave’ of action against banks over fossil fuel investments

Group accuses banks of playing ‘deadly role’ in climate crisis.

27 04 2021 | 09:57

IEA forecasts 5 per cent rise in global CO2 emissions in 2021.

The International Energy Agency (IEA) has forecasted that global CO2 emissions will rise by 5 per cent in 2021   The International Energy Agency (IEA) has forecasted that global CO2 emissions will…

27 04 2021 | 09:56

How Bitcoin trade is hurting climate change mitigation.

The Bitcoin cryptocurrency has made it easier to become a millionaire in Kenya, appreciating more than 1,200 per cent since March last year to hit an all-time-high of Sh6.9 million last week, but…

27 04 2021 | 09:54

New Study Changes Understanding of How Greenland’s Ice Melts

A new study of Greenland's glacial rivers has important implications for how scientists might model future ice melt and subsequent sea level rise.