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Report: As Climate Crisis Expands, Canada Still Hands Billions to Fossil Fuel Industry

DeSmogBlog

billion supporting the fossil fuel and petrochemical industry. Taxpayer handouts to Canada’s wealthiest companies means that less money is available for the types of investments that could actually help people across the country who are deciding between food and energy bills,” she said.

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Most EU Hydrogen Projects Risk Prolonging Use of Fossil Fuels

DeSmogBlog

The European Commission is facing calls to assess the climate impact of scores of proposed hydrogen projects after data revealed that 90 percent of them could be used to prolong the use of planet-warming natural gas. Climate change is accelerating and droughts and floods are hitting our continent,” she said. “The

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Mexico President Says Danish Fund to Invest $10 Bln in Mexico to Produce Green Hydrogen

FuelCellsWorks

MEXICO CITY– A Danish fund will invest $10 billion in a development hub in southern Mexico to produce green hydrogen for ships and to replace fossil fuel use, Mexican President.

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The European Investment Bank Has Quit Fossil Fuels. Now What?

GreenTechMedia

billion), the European Investment Bank is one of the sector’s biggest lenders. And for every euro the EIB puts into a project or business, around seven more are invested by the private sector. According to the International Energy Agency, global renewables investment in 2018 amounted to $300 billion. billion ($14.9

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Carbon 'rainbow': Unilever pledges $1.2B to scrub fossil fuels from cleaning products

GreenBiz

to scrub fossil fuels from cleaning products. billion over the next 10 years into initiatives that will allow it to replace chemicals in its cleaning products made from fossil fuel feedstocks with greener alternatives — an investment it described as critical to meeting its aim of achieving net-zero emissions from its products by 2039.

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The POWER Interview: Advanced Technology For Hydrogen Production

POWER Magazine

Governments worldwide are investing in hydrogen production as a way to reduce dependence on fossil fuels and help decarbonize the energy sector. of Energy last year published […] The post The POWER Interview: Advanced Technology For Hydrogen Production appeared first on POWER Magazine.

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Fossil fuel giant Woodside turns to concentrated solar tech in new hydrogen play

Renew Economy

Woodside invests in US concentrated solar technology with view to power, heat and hydrogen opportunities. The post Fossil fuel giant Woodside turns to concentrated solar tech in new hydrogen play appeared first on RenewEconomy.