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EU wants to allow natural gas, nuclear in green investment

Renewable Energy World

BRUSSELS (AP) — The European Union on February 2 proposed including nuclear energy and natural gas in its plans for building a climate-friendly future, dividing member countries and drawing outcry from environmentalists as “greenwashing.” Germany, Europe’s largest economy, demanded that gas be part of the plan.

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Fossil Fuels Still Supply 84 Percent Of World Energy

R-Squared Energy

It is a primary source of data for numerous companies, government agencies, and non-government organizations. Natural gas contributed the second largest increment with 36% of the increase. Natural gas consumption rose by 2% in 2019 as the share of natural gas in primary energy consumption rose to a record high of 24.2%.

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'Missing link': Could nuclear power up the clean hydrogen industry?

Business Green

However, the dominant process for producing hydrogen currently uses natural gas as a feedstock, meaning that new production processes will be required at scale if hydrogen is to deliver hoped for emissions reductions over the coming decades.

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Highlights from the 2022 BP Statistical Review

R-Squared Energy

It is a primary data source for numerous companies, government agencies, and non-government organizations. Fossil fuels accounted for 82% of primary energy use last year, essentially the same as in 2020, but down from 83% in 2019 and 85% five years ago. Natural Gas. Renewables and Nuclear Power.

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'This is a natural gas market crisis': Why energy markets could be set for three more years of turmoil

Business Green

The global economy could face many more years of energy market turbulence if governments do not take steps to turbocharge their clean energy and technology investments, the IEA has warned. The stakes for nations that fail to unhitch themselves from gas markets are incredibly high, according to the global energy think tank.

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Canadian LNG Will Stall Asia’s Shift to Renewables, Energy Experts in Asia Say

DeSmogBlog

Oil and gas companies have for years marketed fracked gas from B.C. as a global climate solution, with some industry boosters even going so far as to call Canada’s supply of the fossil fuel the “cleanest in the world.” C is to stop building new fossil fuel projects. government last year.

Asia 99
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Alberta Promises Cenovus $7 Million to Study Small Modular Nuclear Reactors

DeSmogBlog

The government of Alberta announced a $7 million contribution to Canadian oil giant Cenovus to study the possibility of using small modular nuclear reactors (SMR) as part of the province’s effort to decarbonize oil sands production. ERA’s Technology Innovation and Emissions Reduction (TIER) fund is financing the project.