Beijing, China--China is moving away from traditionally energy-intensive industrial sectors toward green development across key sectors, in efforts to fulfill its goals of peaking carbon dioxide emissions by 2030 and achieving carbon neutrality by 2060, according to China Central Television. In June 2023, the Hunan Valin Xiangtan Iron and Steel...
Policy eyed as Mideast bears brunt of climate change
Disasters caused by climate change since 2000 have killed approximately 2,600 people, affected seven million others, and caused $2 billion in direct material damage. It may have also reduced annual economic growth by 1-2 percentage points on a per-capita basis, it adds.
Major UAE companies to work for raising solar power production capacity
The companies are Emirates Global Aluminum (EGA), Abu Dhabi National Energy Company (TAQA), Dubai Holding and Emirates Water and Electricity Company (EWEC).
SABIC chairman urges chemical companies to ‘decarbonize’
The head of Saudi Basic Industries Corporation (SABIC) has urged ‘chemical companies’ to decarbonize promptly in order to improve what he termed as green credentials.
Aramco closes deal with consortium
The Global Investor Consortium acquires 49pc stake in Aramco Gas Pipelines.
World fuels its own destruction with $1.8trn subsidies: Study
Governments across the world pay an estimated $640 billion in support to the fossil fuel industry.Sheikh Khaled and Prince William discuss global sustainability initiatives
Chairman of Abu Dhabi Executive Office Sheikh Khaled bin Mohamed bin Zayed Al Nahyan and Prince William of the UK discussed their work on globally impactful sustainability initiatives. Sheikh Khaled met Prince William at Jubail Mangrove Park in Abu Dhabi. The two were briefed on Environment Agency - Abu Dhabi's...
Dana Gas posts $317m profit
The company's revenue rose 30 percent to $452 million in 2021.BP profits $7.6bn in 2021
The company aims to cut emissions by 50 percent by 2030.UAE and France aim to team up to meet energy challenges
The UAE and France held discussions on energy challenges and opportunities for collaboration in order to maximize energy system efficiency and the deployment of low carbon technologies to support their net zero by 2050 ambitions.Dubai Supreme Council of Energy approves 2030 carbon strategy
The approval came at a meeting chaired by the council’s chairman Sheikh Ahmed bin Saeed Al Maktoum.Carbon capture tech finally gaining speed: IEA
For net-zero, carbon-capture tech cannot spend another decade on the sidelines of climate mitigation efforts, said the IEA.
RAF claims world first flight using synthetic oil
Group Captain Peter Hackett completed a short flight in an Ikarus C42 microlight aircraft at an airfield in Gloucestershire, western England, earlier this month.Global CO2 emissions in 2021 near record levels, says report
CO2 pollution this year will be just shy of the record set in 2019, according to the Global Carbon Project consortium.
Qatar plans to reduce 25% greenhouse emissions by 2030
The 25 percent reduction would equal to a dip of 37 Mat CO2 eq by 2030, according to national figures, and is expected to include various sectors such as oil and gas, power and water, transportation, and construction. This will reportedly be achieved by employing a variety of policies and...
Iraq to cut out carbon emissions in full by 2025
In order to cut out carbon emissions completely, Iraq will stop burning associated gas permanently in 2025.
Aramco sets 2050 net-zero target
The company acknowledged that this would have its challenges.
OECD nations to ban export credits for coal power
With the latest international climate conference just days away, the proposed ban will halt support to new coal power stations that don't have systems that trap the carbon emissions responsible for global warming.Rio Tinto to ‘halve’ emissions
Mining releases 4-7% of global greenhouse gas emissions.
UAE begins Unit 2 of Barakah Nuclear Power Plant
The United Arab Emirates has unveiled Unit 2 of the Barakah Nuclear Energy plant, located in Abu Dhabi’s Al Dhafra region.
African mountain forests store more carbon than thought: study
An international team analysed data on carbon stored in trees across 44 highland sites in 12 African countries
High cost of non-stop flying shakes up aviation
The global aviation industry has been booming for the last few decades now. But the unprecedented growth in jets flying round-the-clock has come at a big cost to the environment.
Morgan Stanley alum to raise $600 m for clean energy funds
Founded by Ahmad Atwan, VC Fuel intends to raise $100m for debut venture fund and seek $500m for an infrastructure vehicle Plans to invest in companies that at scale can remove 500m tons of carbon per year Founded by Ahmad Atwan, a former Morgan Stanley managing director, VC Fuel intends...A Dubai startup unveils a program to fight climate change in MENA
Olive Gaea calculates the carbon footprint of any individual or business through a simple yet science-based questionnaire
