DeSmogBlog

APRIL 18, 2021

Fossil fuel companies could face legal challenges over their misleading advertising, after a DeSmog investigation uncovered the extent of their “greenwashing” Environmental lawyers ClientEarth have put companies on notice with the publication of the Greenwashing Files. ExxonMobil – “Powering Progress”.

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Business Green

MARCH 11, 2021

Banking giant commits to ending support for coal by 2040 after reaching compromise with shareholders. The board-backed proposal commits the bank to phasing out all project finance, corporate finance, and underwriting of coal-fired power and thermal coal mining by 2030 in the EU and OECD, and by 2040 globally.

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Fossil fuels Energy Monitor Business Energy Monitoring Building Energy Monitoring 101

Business Green

NOVEMBER 26, 2020

Europe's biggest gas pipeline company unveils multi-billion Euro investment plan to transition to hydrogen and biomethane. The plan designates €6.7bn of investment towards regulated energy infrastructure, focused on hydrogen-ready replacements for gas, as well as digitisation and decarbonisation programmes.

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Carbon-neutral Carbon Hydrogen Fossil fuels 101

Business Green

MAY 19, 2020

In its latest forecast today, BNEF said fossil fuel car sales likely already peaked in 2017. per cent to global electricity demand by 2040, BNEF added. million barrels a day by 2040. million barrels a day by 2040. The addition of so many electrified vehicles to the global fleet will add 5.2

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Fossil fuels Transportation Demand Electric vehicle 97

Charged

NOVEMBER 20, 2020

Volvo Trucks plans to offer a complete range of all-electric heavy-duty trucks in Europe, starting in 2021. Volvo Trucks aims to make its entire product range fossil-free by 2040. To reduce the impact of transport on the climate, we need to make a swift transition from fossil fuels to alternatives such as electricity,” he said.

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Europe Electricity North America Transportation 106

Charged

DECEMBER 14, 2022

However, the war has provided the most powerful reminder imaginable of the importance of phasing out fossil fuels. Furthermore, Ukraine is one of the largest markets for trucks in Europe. It might seem that the government of Ukraine has more urgent matters to worry about at the moment than promoting EVs.

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Fossil fuels Logistics Europe Transportation 114

Business Green

JULY 5, 2022

European fossil fuel giant pledges to ramp up investment in hydrogen and end sale of carbon-based products by 2040. Marcel Van Poecke, Varo's chairman and vice chair of company shareholder Carlyle International Energy Partners, said the new strategy would support established trends that are accelerating across the energy sector.

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DeSmogBlog

DECEMBER 21, 2022

But now Europe is poised to enact laws that would not only recognise the harms of chemical-intensive agriculture, but also to ensure that synthetic pesticide and fertiliser use is significantly reduced. Instead, the message – which echoes positions often used by the fossil fuel lobby – is that EU policy should optimise incentives.

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DeSmogBlog

JANUARY 26, 2024

Now, the Dutch NGO that successfully sued Shell over its climate plans is taking those financial backers to court in a case that could help reverse the global banking sector’s support of fossil fuel firms and their activities. billion Euros in bonds to the fossil fuel industry, Milieudefensie says. “We

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GreenBiz

OCTOBER 26, 2020

Policies such as California's Advanced Clean Truck rule are forcing organizations in the state to phase in zero-emission trucks and phase out fossil fuel-based ones. Progressive cities, many in Europe, are building zones in downtown centers that are banning fossil-fuel vehicles and incentivizing zero-emission models.

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GreenTechMedia

AUGUST 25, 2020

As it stands, blue and gray hydrogen derived from fossil fuels are cheaper than using renewable-energy-powered electrolyzers to produce green hydrogen from water. And Wood Mackenzie's research indicates that the cost of green hydrogen will fall by 64 percent by 2040 as the market scales up.

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GreenTechMedia

JUNE 22, 2020

As things stand, Europe's stimulus package “has no green strings attached — none,” said Patrick Graichen, executive director of the Agora Energiewende, think tank, speaking last week about the green recovery. Europe's overall recovery package is not as unequivocally green at this stage as many expected.

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Packaging Europe Hydrogen Policy 246

Smart Energy International

MARCH 25, 2024

French TSO RTE has proposed investments prioritising developments of its network of the order of €100 billion by 2040. Europe’s grid is receiving record levels of investment. Have you read?

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Nuclear Power Fossil fuels Investment Carbon 59

Business Green

OCTOBER 10, 2022

Amazon has announced it is to invest more than €1bn in decarbonising and electrifying its transportation network across Europe over the next five years, with £300m allocated to its operations in the UK. Nearly a third of new European e-mobility funding push set to be invested in decarbonsing tech giant's UK transportation network.

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GreenTechMedia

SEPTEMBER 24, 2020

The report plots out the steps required to stay within 2 degrees of warming, finding that Western Europe and the U.S. By 2040, total primary energy demand will be 25 percent lower compared to WoodMac's base case. “Governments need to actually sponsor these projects to get them off the ground.". China takes a big step.

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Smart Energy International

JULY 7, 2022

With 10MW of installed capacity on site, the hub can scale up with EV adoption to provide charging for 400 vehicles helping to support the estimated 36 million EVs expected on UK roads by 2040. Wenea, one of the largest EV charging services providers in Europe, has deployed twenty 7-22kW charging bays.

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Batteries Energy Energy Electric vehicle 98

Business Green

JUNE 1, 2021

Campaigners welcome AGM vote but warn bank's commitment must be followed up by robust framework for delivering global 2040 coal financing phase out. The bank is the second largest funder of fossil fuels after Barclays in Europe and undertakes extensive work with the coal sector in Asia.

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Fossil fuels Policy Asia Carbon 92

Smart Energy International

AUGUST 2, 2022

The pilot project aims to establish the first self-consumption energy community in Europe with a citizen involvement approach. Energy storage and lower grid capacities present significant challenges, forcing most islands to import fossil fuel sources from the mainland. Tenerife secures 79% of electricity from fossil fuels.

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Fossil fuels Europe Sustainability Energy 98

Envirotec Magazine

JANUARY 24, 2022

However, national climate pledges focus overwhelmingly on cutting emissions by reducing fossil fuel use. Global use of materials has more than tripled in the 50 years since the Club of Rome predicted that rapid economic growth and natural resource exploitation would lead to the ‘collapse of civilisation’ by 2040.

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GreenBiz

MARCH 26, 2021

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. Net-zero commitments may have ricocheted across banking sector over the last 18 months, but big banks' attestations of climate concern did not stop many from expanding financing for the world's top fossil fuel firms during the pandemic year.

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Fossil fuels Policy Climate change Investment 412

Smart Energy International

SEPTEMBER 7, 2023

“The conclusion is very simple: without a power network fit for purpose, we will not achieve our REPowerEU goal to replace Russian fossil fuels, nor will we reach our net-zero targets,” stated the European Commissioner for Energy during the first High-Level Electricity Grid Forum hosted by ENTSO-E. This is huge. But we can get there.”

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Investment Europe Fossil fuels Power grid 59

Smart Energy International

SEPTEMBER 26, 2023

trillion by 2040 before dropping back to around $850 billion by 2050. As an example of the scale of this issue, the IEA highlights that in Europe today around 60GW of onshore wind capacity – four-times the capacity commissioned in 2022 – is held up by various permitting procedures. Have you read?

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Nuclear Power Fossil fuels Investment Electricity 59

Business Green

MAY 20, 2021

Pivot Power, Fastned, Tesla Superchargers and Wenea tout plan for 'most powerful EV charging hub in Europe'. For Oxford to go zero carbon by 2040, we need to electrify a lot more of our transportation," he said. "As The research company said more than 2.7

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Business Green

OCTOBER 5, 2022

The German energy giant is set to undertake a six-month study alongside Fluor that will look at the feasibility of retrofitting Pembroke Power Station - the largest gas-fired power plant in Europe - with post-combustion carbon capture utilisation and storage technology (CCUS).

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Hydrogen Fossil fuels Carbon Government 71

DeSmogBlog

APRIL 6, 2021

The findings raise concerns over a systemic conflict of interest at a time when the international financial sector is under increasing pressure to stop funding fossil fuels. Banks are increasingly saying they will decarbonise by 2050, yet a large number continue to finance fossil fuels, the primary source of carbon emissions.

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Business Green

AUGUST 2, 2022

Tokyo-based cosmetics and consumer goods company joins The Climate Pledge, pledging to achieve net zero emissions by 2040. The announcement builds on previous targets from the company, which saw it commit to reducing carbon emissions to net zero by 2040 and become a carbon negative company by 2050.

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Smart Energy International

NOVEMBER 11, 2023

Additionally, the increasing costs of fossil fuels and gas have triggered significant adoption of electrical automobiles, propelling market enlargement. Norway will halt sales by 2025, France by 2040 and the UK by 2050. Join Enlit Europe in Paris. Don’t miss out on the most important energy transition conversations.

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Batteries Lithium Electric vehicle Demand 59

Business Green

JANUARY 30, 2020

By 2040, it has promised to ensure its supply chain is carbon neutral as well. Formerly known as DONG Energy, Ørsted has gradually sold-off its fossil fuel businesses in recent years and refocused its operations on wind energy. He called on other firms to follow suit.

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Renewable Energy World

NOVEMBER 9, 2021

GT: What are some of the factors behind the strong interest in offshore wind to H2 in Europe? First, it’s important to acknowledge that, compared to the US, Europe has had nearly a 30-year head start in developing and operating offshore wind projects. They currently have 25GW constructed and a target of another 27+GW by 2040.

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Hydrogen Europe Fossil fuels Aviation 88

Business Green

DECEMBER 3, 2020

Moving to 100 per cent rPET for its manufactuing across key EU markets could eliminate over 70,000 tonnes of virgin, fossil-fuel based plastic per year, the firm estimates. We will also look to go further and faster in other European markets where the conditions allow," said PepsiCo Europe CEO Silviu Popovici.

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GreenTechMedia

MARCH 1, 2021

Most of the early-stage work on hydrogen’s grid storage potential is happening in Europe and Asia, but the U.S. The earliest entrants into the field have access to large underground salt domes now used for storing fossil fuels that could be converted to storing hydrogen, like Intermountain and Texas-based utility Entergy.

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GreenTechMedia

SEPTEMBER 19, 2019

Europe and in Chile. Employees from Google will join others from tech companies such as Amazon and Microsoft, who have also critiziced their employers for lackluster climate commitments and ties to fossil fuels. Made up of 18 deals, Google’s projects will be built across the U.S., Amazon, too.

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Business Green

OCTOBER 16, 2022

The film uses nanotechnology that puts tiny air bubbles into the film to reduce the amount of plastic used, thereby also cutting down on carbon emissions by 465 tonnes annually thanks to a reduction in need for fossil fuel-based materials, Walkers said.

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Business Green

MAY 19, 2020

Ambitious draft climate law would immediately ban new oil, gas and coal projects and end subsidies for fossil fuels. per cent over the next decade.

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Envirotec Magazine

JANUARY 17, 2020

But there remain widespread misgivings about how long it is taking for the technology to get off the ground, particularly in Europe, which is trailing behind the US, according to a report released in December by the Global CCS Institute , a think tank dedicated to the topic. Do we need it?

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Carbon-negative Carbon Europe Technology 227

Business Green

OCTOBER 20, 2020

As such, in a move announced at the London Infrastructure Summit today, Uber said it would invest £5m before 2023 in charge point infrastructure in areas where access to charge points is more limited, in a bid to encourage its London drivers to swap their fossil fuel cars for zero emissions alternatives.

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DeSmogBlog

OCTOBER 7, 2021

The findings raise concerns over a potential pervasive conflict of interest on the boards at a time when the international insurance sector is under pressure to halt its support for the fossil fuel industry. “When insurers underwrite fossil fuels, they actually are underwriting climate change.”

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