energy
About $150 trillion is expected to go into decarbonizing the global economy over the next thirty years. Here are the top four green energy stocks that may benefit as the world executes on its commitment to that transition. NextEra Energy Inc (NYSE: NEE)NextEra Energy is on our list of top four green energy stocks for long-term investment as it is one of the biggest names in the wind and solar energy space. The energy giant is committed to making its operations free of carbon emissions by 2045. $NEE has increased its adjusted EPS at a compound annualised rate of 10% over the past ten years whil...
Invezz
Energy ministers representing the Group of Seven (G7) major democracies are set to sign an agreement aimed at ending the use of coal in electricity production by 2023 and 2035. However, two diplomatic sources say Germany and Japan may be exempt from this agreement. Outlines of the agreementSources state that G7 nations promise to close their coal-fired plants by the early 2030s, however, these countries could also choose to have a deadline aligned with maintaining the global temperature increase below 1.5°C. This would give Berlin and Tokyo flexibility, given that their coal-fired plants gener...
Invezz
Emirati-owned Dana Gas has suspended operations at a gas complex in Iraq's autonomous Kurdistan region after a drone strike that killed four people, it said on Monday. The Khor Mor complex owned by the United Arab Emirates firm has been hit several times in recent years, but Friday's attack was the first deadly incident. Four workers died and eight others were wounded when the drone struck a condensate storage tank, Dana Gas said in a statement to the Abu Dhabi Securities Exchange. "Although there was very minor damage to the facilities, for the safety of all our staff and the facilities, we h...
The New Arab
Italy has overcome its dependence on Russian gas and will not oppose the proposed package of EU sanctions on liquified natural gas (LNG), Italian Energy Minister Gilberto Pichetto Fratin said, as reported by Politico on April 28. The European bloc has already adopted 13 packages in response to Russia's full-scale invasion of Ukraine, aiming to undermine Moscow's economic output and the ability to sustain the war. In early April, EU Executive Vice President Valdis Dombrovskis announced that the 14th package is in the works. Swedish Foreign Minister Tobias Billstrom later said the new package co...
Kyiv Independent
Italy has overcome its dependence on Russian gas and will not oppose the proposed package of EU sanctions on liquified natural gas (LNG), Italian Energy Minister Gilberto Pichetto Fratin said, as reported by Politico on April 28. The European bloc has already adopted 13 packages in response to Russia's full-scale invasion of Ukraine, aiming to undermine Moscow's economic output and the ability to sustain the war. In early April, EU Executive Vice President Valdis Dombrovskis announced that the 14th package is in the works. Swedish Foreign Minister Tobias Billstrom later said the new package co...
Kyiv Independent (CA)
Italy has overcome its dependence on Russian gas and will not oppose the proposed package of EU sanctions on liquified natural gas (LNG), Italian Energy Minister Gilberto Pichetto Fratin said, as reported by Politico on April 28. The European bloc has already adopted 13 packages in response to Russia's full-scale invasion of Ukraine, aiming to undermine Moscow's economic output and the ability to sustain the war. In early April, EU Executive Vice President Valdis Dombrovskis announced that the 14th package is in the works. Swedish Foreign Minister Tobias Billstrom later said the new package co...
Kyiv Independent (UK)
The legislation adopted this week by the Parliament, already provisionally agreed in back-room talks with member state officials, now awaits the final rubber stamp from the EU Council before entering into force. Right to repairLawmakers approved on Tuesday (April 23) strengthening the right to repair of household products such as washing machines, vacuum cleaners, and smartphones. The law, backed by 584 votes against 3, seeks to reduce waste and bolster the repair sector. German lawmaker René Repasi (S&D): “The new legislation extends legal guarantees by 12 months when opting for repair, gives...
Euronews (English)
Washington (AFP) - The United States on Thursday announced sweeping new rules requiring coal-fired plants to eliminate nearly all their carbon emissions or commit to shutting down altogether, a keystone of President Joe Biden's agenda to confront the climate crisis. Hailed by environmental groups as a "gamechanger," the regulations take effect from 2032 and will also mandate that new, high capacity gas-fired plants slash their carbon dioxide output by the same amount -- 90 percent -- a target that would require the use of carbon capture technology. It comes as Democratic incumbent Biden faces ...
AFP
The following is a chart based off of data originally published in the Kyiv-based Center of Economic Strategy's "Ukraine War Economy Tracker." The Kyiv Independent is republishing it with permission. Ukraine is forced to rely on electricity imports after Russian attacks Net commercial exports of electricity, MWh Positive net exports Negative net exports Source: entso-a • Difference between incoming and outgoing scheduled Commercial Exchanges from Ukraine, Border-Country, total for all countries bordering Ukraine On April 11, Russia carried out another large-scale attack on Ukraine's energy inf...
Kyiv Independent
The following is a chart based off of data originally published in the Kyiv-based Center of Economic Strategy's "Ukraine War Economy Tracker." The Kyiv Independent is republishing it with permission. Ukraine is forced to rely on electricity imports after Russian attacks Net commercial exports of electricity, MWh Positive net exports Negative net exports Source: entso-a • Difference between incoming and outgoing scheduled Commercial Exchanges from Ukraine, Border-Country, total for all countries bordering Ukraine On April 11, Russia carried out another large-scale attack on Ukraine's energy inf...
Kyiv Independent (CA)
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