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Global Briefing: Spain celebrates record low cost for onshore wind power

Business Green

The auction secured 1GW of new onshore wind capacity and a further 2GW of solar capacity. Bids do not require a building permit but they have to be constructed by April 2024 the latest to access the promised contracts. kg from low cost renewable power, already within 2025. Canadian firms sign up to new Plastics Pact.

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BP and Ørsted Launch Green Hydrogen Partnership

GreenTechMedia

It is hoped the site will be operational by 2024 with a final investment decision in 2022. In its most recent conference call with investors, CEO Bernard Looney hinted that hydrogen and offshore wind progress was imminent. billion) between 2020 and 2030 focusing on energy storage, carbon capture and technology to decarbonize industry.

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Europe’s offshore network development plans set out

Smart Energy International

The new plans, part of ENTSO-E’s ‘Ten-Year Network Development Plan’ (TYNDP) for 2024, are aimed at assessing the offshore transmission infrastructures required to provide visibility and guidance on the integration of the planned growing offshore renewable capacity to the European electricity grid. “We

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UK Ministers Met 1-on-1 with Fossil Fuel and Biomass Producers Nine Times as Often as Renewables Since Kwasi Kwarteng Took Energy Portfolio

DeSmogBlog

Analysis of the government’s latest transparency data shows ministers at the Department for Business, Energy & Industrial Strategy (BEIS) held 130 one-on-one meetings with energy producers between July 22 2019 and March 18 2021, of which nearly half (63) were with producers of high carbon energy. Drax Access.

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Global Briefing: California backs plan for 2035 ban on sale of polluting cars

Business Green

UK and US banks accused of financing Russian 'carbon bombs'. US and UK financial institutions have this week been accused of continuing to fund Russian "carbon bomb" fossil fuel projects that are both aiding Russia's illegal war in Ukraine and threatening to breach global climate goals. Japan announces plan to revive nuclear industry.

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The 5 Biggest US Utilities Committing to Zero Carbon Emissions by 2050

GreenTechMedia

Over the past three years, some of the country’s biggest utilities have been committing to a goal that few may have predicted they’d undertake on their own: weaning themselves off carbon-emitting generation by 2050. Utilities in many states now face mandates to move to 100 percent renewable energy or cut carbon to zero by 2050.

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The prospects for I-1631 eliminating 20 million tons of carbon pollution annually by 2035

Low Carbon Prosperity

In this Low Carbon Prosperity Institute (LCPI) analysis, we explore scenarios of carbon reduction investment performance based on the revenue allocation described in Initiative 1631. The measure is intended, but not required, to reduce carbon emissions in 2035 to 25% below 1990 levels, consistent with the state’s legislated target.