New South Wales Premier Dominic Perrottet has urged the Morrison government to significantly boost its 2030 emissions reduction target, saying his state intends to “power ahead” even if the federal government chooses not to embrace a higher interim goal.
The success of OPEC+ in stabilizing the oil market after last year’s price crash shows that the group has all the chances to expand cooperation and include areas such as new technologies and emissions reduction, Russian President Vladimir Putin said at the Russian Energy Week forum on Wednesday.
In any case, far-reaching ideas such as the joint purchasing of emergency gas reserves, will not materialise in time for the coming winter season, even if EU leaders were to unanimously back the proposal at a summit on 21-22 October.
Russian President Vladimir Putin has sent greetings to the participants of the Russian Energy Week International Forum.
Indian American Satya Nadella, the Microsoft CEO, is among the corporate leaders to receive this year’s prestigious C K Prahlad award for Global Business Sustainability Leadership.
Just weeks after Mukesh Ambani announced a $10-billion investment by his Reliance Industries over the next three years in clean energy, Gautam Adani committed an outlay of $20 billion over the next decade for the sector.
India has been facing an acute shortage of coal supplies over the past few weeks.
India added a total of 6,530 mega watt (MW) of solar and wind capacities between July 2020 and June 2021, a report said on Wednesday.
As winter approaches, the skyrocketing price of oil, gas and coal has left governments across Asia scrambling to contain a huge energy crisis.
Investment in renewable energy will need to triple by the end of this decade if the world’s climate pledges are to be met, the International Energy Agency (IEA) said on Wednesday.