Tuesday, 22 April 2025

International

AnalysisClimate FinanceEmissionsEmissions MarketsGreen SteelHydrogenIndustryTrade

Could making hydrogen-based ‘green iron’ in emerging markets speed shift to green steel in developed countries?

OIES: Could setting up ironmaking plants powered by green hydrogen in developing countries support the transition to green steel?

The $300 billion a year pledged by wealthy countries for climate finance at COP29 was slammed as too little, too late (AFP)
ClimateClimate FinanceEconomyEmissionsNewsPolitics

Contentious COP29 deal casts doubt over climate plans

Baku's COP29 was crucial to boosting climate action across huge swathes of the world. It failed to deliver.

In a bid to boost crude prices, eight members of the OPEC+ group earlier this month announced they were extending supply cuts until the end of December (Saudi Aramco)
FuelNewsOil

OPEC+ postpones meeting on oil output to December 5

The 22-member OPEC+ group led by Saudi Arabia and Russia was due to decide on its 2025 output policy on Sunday.

Wind turbine against blue sky with moon balancing on one blade
AnalysisCarbon ManagementClimate FinanceEfficiencyElectricityEmissionsHydrogenOpinionReportsStorageTransmissionUnited Nations

IRENA: Limiting global warming still possible, but G20 must step up 

To achieve net-zero emissions by 2050, IRENA emphasizes the importance of aligning NDCs with national climate and energy transition goals.

Bleached and dead coral around Lizard Island on the Great Barrier Reef, in April 2024 (AFP)
BiodiversityClimateClimate FinanceNewsPoliticsUnited Nations

COP16 biodiversity talks to restart in February: UN

The last biodiversity meeting ended in November with no agreement on a roadmap to ramp up funding for species protection.

FILE PHOTO: The BNP Paribas logo is seen at a branch in Paris, France, February 4, 2020. REUTERS/Benoit Tessier/File Photo
BusinessEmissions MarketsFinanceNatural GasNewsOil

BNP Paribas’ fund arm to exclude new oil and gas bonds

BNP Paribas AM to halt investment in new bonds of oil and gas firms, urging transitions to sustainable energy models.

A man searches for scrap metal in the polluted waters of the Las Vacas river, where informal workers salvage items from Guatemala's largest landfill, ahead of World Water Day in Guatemala City, Guatemala, March 21, 2023. REUTERS/Josue Decavele/File Photo
EmissionsEnvironmentFuelLegislationManufacturingNewsUnited Nations

Fifth UN plastics treaty talks mired in division as halfway point approaches

Talks for an international plastics treaty face slow progress, raising doubts about meeting the December deadline.

Electric vehicle charging stations are seen in Beijing, Friday, Oct. 11, 2024. (AP Photo/Caroline)
AnalysisBusinessEconomyElectric Vehicles (EVs)

After fast start, electric cars need a recharge as range limits, cost leave some drivers skeptical

EV adoption in China thrives with government support, while the U.S. and Europe struggle with costs, infrastructure, and policy.

An oil pump jack pumps oil in a field near Calgary, Alberta, Canada.
ElectionsNewsOilTrade

Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs

Canada and Mexico may cut prices and shift oil supply to Asia if Trump enacts 25% U.S. crude import tariffs.

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