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Governments of 23 countries announce $250bn investment in clean energy
The governments of 23 countries have come together to invest $250 billion (£177bn) into clean energy research and development across the next decade.
read more... 03/06/2021
G7 Nations Invest More In Fossil Fuels Than Clean Energy Despite Pledges
The G7 nations have been pumping more in fossil fuels than in clean energy since the start of the pandemic, despite headline-grabbing pledges for ‘building back greener’, a new report found on Wednesday.
read more... 03/06/2021
Daily (02.06.2021): Oil prices continue to climb, with Brent above $70 a barrel amid as OPEC+ sticks with plans to raise output
Crude oil futures extended gains on Tuesday as cartel OPEC+ agreed at its latest ministerial meeting to increase output as planned over the next two months. Hence, Brent crude increased by 93 cents, or 1.3%, to settle at $70.25 a barrel. U.S. WTI crude rose by 1.2% to end at $67.72 a barrel.
read more... 02/06/2021
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Eleven EU countries oppose plan to prolong gas project funding
Germany, Denmark, the Netherlands and eight other countries will reject a plan to prolong European Union support for cross-border natural gas projects, and instead push for rules to exclude fossil fuels, according to a document seen by Reuters.
read more... 02/06/2021
Clean energy investment growth too slow
The IEA said today that the $750bn of investments that it projects will roll into clean energy technologies and efficiency this year is "far below" what is needed.
read more... 02/06/2021