Thursday, 23 January 2025

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Banks were also rarely found to provide a breakdown of how much sustainable financing they would provide to each sector (Victoria Jones/PA)
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Big banks in EU urged to step up on sustainable finance in 2025

Europe's largest banks, including Barclays and HSBC, are urged to enhance sustainable finance efforts amid rising investor scrutiny.

AnalysisBuildingsCoalConstructionEfficiencyElectricityEmissionsGeothermalIndustryInfrastructureNatural GasRegulationsUtilities

Indianapolis grapples with low compliance on energy benchmarking requirement for large buildings

Indianapolis faces low compliance with its energy benchmarking ordinance, requiring large buildings to report energy use by 2024.

Resource-poor Japan 'will aim to maximise the use of renewable energy' (AFP)
ClimateEconomyElectricityEmissionsEnvironmentIndustryInfrastructureNewsNuclear PowerPoliticsRegulationsSolarWind

Japan to make renewables top power source by 2040

Japan aims for renewables to supply 40-50 per cent of its electricity by 2040, reducing reliance on coal and gas while boosting nuclear...

FILE PHOTO: Rotors of power-generating windmill turbines of Adani Green Energy are kept for transportation in a stockyard at Ahmedabad-Narayan Sarovar state highway near Nakhatrana village in the western state of Gujarat, India, November 29, 2024. REUTERS/Amit Dave/File Photo
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Adani deal under bribery scrutiny was approved against officials’ advice

Andhra Pradesh signed a $490M solar deal with SECI, primarily benefiting Adani Green, now under U.S. scrutiny for alleged bribery.

FILE PHOTO: A man walks along Lake Erie in the election battleground city of Erie, Pennsylvania, U.S., October 23, 2024. REUTERS/Shannon Stapleton/File Photo
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US Energy Department identifies three priority regions for electric transmission boost

DOE identifies three key regions for new electric transmission infrastructure to address rising demand and enhance reliability.

The new record comes after the Government announced plans to decarbonise the electricity grid by 2030 (Ben Birchall/PA)
ElectricityEmissionsIndustryInfrastructureNewsOffshore WindTransmissionUtilitiesWind

Britain’s turbines set new wind record ‘taking centre stage in clean energy mix’

Britain’s turbines set a new maximum wind record, topping 22,000 megawatts for the first time on Sunday, figures indicate.

FILE PHOTO: European Union flags flutter on the day European Central Bank (ECB) President Christine Lagarde speaks to reporters following the Governing Council's monetary policy meeting in Frankfurt, Germany September 12, 2024. REUTERS/Jana Rodenbusch/File Photo
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EU watchdog frees green bonds from fund naming rules

The EU allows green bond funds to invest in bonds from big polluters, easing previous restrictions and supporting decarbonization efforts.

The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/ File Photo
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Italy’s Erg secures 243-million-euro EIB loan for renewable energy projects

The loan will cover more than 50 per cent of the total cost of projects as it is linked to REPowerEU, the EU's...

Ontario Premier Doug Ford, centre, is swarmed by the media as they ask him about finance Minister Chrystia Freeland resigning from Prime Minister Justin Trudeau's cabinet during the fall meetings of Canada's premiers hosted by Ontario in Toronto, Monday, Dec. 16, 2024. THE CANADIAN PRESS/Nathan Denette
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Premiers united in fight against threatened tariffs despite ‘chaos’ in Ottawa: Ford

Canada's premiers are meeting in Toronto to address Trump's proposed 25 per cent tariffs, focusing on trade, border security, and healthcare.

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