Efforts by the EV Sector to Save the World’s Environment From Massive Carbon Emissions Caused by Vehicles Updated On Wed, Aug 11th, 2021 by Saurenergy Global emissions were around 23 billion metric tons before the turn of the century, currently, they had risen to 36.44 billion metric tons, a new high. Every year, billion tons of greenhouse gases are released into the atmosphere which is trapping heat and raising global temperatures. The only way to avoid all of these severe […] Read more
AEMO Plans 5 Energy Scenarios for Net Zero Latest by 2050 Updated On Fri, Jul 30th, 2021 by Saurenergy The Australian Energy Market Operator (AEMO) has published its “2021 Inputs, Assumptions and Scenarios Report” (IASR) incorporating five future energy scenarios which will inform AEMO’s 2022 Integrated System Plan (ISP). One of these scenarios, Hydrogen Superpower, comprises a zero emissions grid by 2035. The five scenarios are Slow Change, Steady Progress, Net Zero 2050, Step Change, […] Read more
Arctic Green Energy and GIC to Jointly Decarbonsise Building Sector Updated On Tue, Jul 27th, 2021 by Saurenergy Arctic Green Energy, an Iceland-based renewable firm, and GIC, Singapore’s sovereign wealth fund, are partnering to drive the uptake of zero carbon district heating in Europe and Asia. Under the agreement, GIC will become an equity partner in Arctic Green Energy and commit a new injection of $240 million to support the expansion of the […] Read more
Nissan Motors Reveals £1 Billion Electric Vehicle Hub ‘EV36Zero’ in UK Updated On Fri, Jul 2nd, 2021 by Saurenergy The Japanese Automaker, Nissan Motors has yesterday revealed its Euro 1 billion electric vehicle (EV) hub, EV36Zero in Sunderland, UK. The transformational project has been launched with an initial Euro 1 billion investment by Nissan and its partners Envision AESC, a global player in world-leading battery technology, and Sunderland City Council. Comprised of three interconnected initiatives, Nissan […] Read more
Wind-based Electrification Will Drive Europe to Net Zero: WindEurope Updated On Wed, Jun 9th, 2021 by Saurenergy Electrification is the most cost-effective way to decarbonise Europe’s economy according to a report from ETIPWind and WindEurope out today. Wind energy will lead the process: the EU sees it being half of Europe’s electricity by 2050. With the right investments in grids and technology, the combined rate of direct and indirect electrification will be […] Read more
Global Energy Investments Far From a Net Zero Pathway: IEA Updated On Thu, Jun 3rd, 2021 by Saurenergy As spending rebounds towards pre-crisis levels, not enough is going into clean energy, especially in emerging market and developing economies, new IEA report finds Global investment in energy is set to rebound by nearly 10% in 2021 to USD 1.9 trillion, reversing most of last year’s drop caused the Covid-19 pandemic, but spending on clean […] Read more
DMG and Argo Team Up To Decarbonise Cryptocurrency Updated On Tue, May 18th, 2021 by Saurenergy In a joint statement released yesterday, DMG Blockchain Solutions Inc. and Argo Blockchain Plc announced their partnership in the Crypto Climate Accord (CCA) to promote the decarbonization of the cryptocurrency industry. Alongside the CCA, DMG and Argo are developing a new working group to more clearly outline the CCA’s objectives, while deploying new technologies that […] Read more
JPMorgan Chase Releases Carbon Reduction Targets for Paris-Aligned Financing Commitment Updated On Mon, May 17th, 2021 by Saurenergy JPMorgan Chase today released comprehensive steps it is taking in its efforts to align its financing activities with the climate goals of the Paris Agreement. As part of its Paris-aligned financing commitment announced last fall, the firm has published 2030 carbon intensity targets for the Oil & Gas, Electric Power and Auto Manufacturing sectors. JPMorgan […] Read more
Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA Updated On Wed, May 12th, 2021 by Saurenergy Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […] Read more
