The number one energy source in the United States is still natural gas. But the same companies that own thermal power plants are instead investing in solar power plants and energy storage batteries. This does not mean that fossil fuels will disappear – but they are already losing their dominance, WSJ states. Decades ago, natural […]
NBB Group announced that it is undertaking a new initiative to install solar panels in select National Bank of Bahrain (NBB) and Bahrain Islamic Bank (BisB) branches across the Kingdom, further demonstrating its commitment to implementing ESG measures across its operations, Gulf-Insider reports. The new initiative, expected to be rolled out in the first quarter […]
The 400-megawatt (MW) Dumat Al Jandal utility-scale wind farm in Saudi Arabia developed by a consortium led by EDF Renewables in partnership with Masdar, both global leaders in renewable energy, has marked a key construction milestone with the arrival of 20 wind turbines at Duba Port. A consortium with key contractors Vestas, TSK, and Al […]
Looking back over the past decade, we can conclude that the pace of progress in the fight against climate change has been too slow. Carbon emissions continued to rise, and although they decreased in 2020 due to coronavirus lockdowns, in 2021, carbon emissions will return to their “consistently high levels,” Financial Times reports. According to […]
Middle East manufacturers must invest in decarbonizing their operations and their supply chains if they want to be competitive, according to some of the region’s leading producers, MEED reports. Speaking at Decarbonising Manufacturing, the latest webinar in the MEED Mashreq Connect Series, leading regional manufacturers said producers need to reduce their carbon footprint to meet […]
“There is more than one way to achieve the Paris Agreement targets and more than one way to achieve a low carbon future. Although it is projected that renewables and other unconventional sources of energy may gain a significant portion of the energy supply mix in the next 30 years, based on the GECF Global […]
Americans gobbled up fewer fossil fuels in 2020 than they have in three decades, according to the US Energy Information Administration (EIA). Consumption of petroleum, natural gas, and coal dropped by 9 percent last year compared to 2019, the most significant annual decrease since the EIA started keeping track in 1949. The COVID-19 pandemic was […]
Majis Industrial Services Company (MISC), an affiliate of Oman Investment Authority, has completed the solar electricity production project at Sohar Industrial Port with a production capacity of 36 kiloWatts per hour, the Arabian Stories reports. In this renewable energy project, electricity production was linked to the water treatment plant supply network in the sea to […]
Let’s see how the world’s leading cities fight for a clean environment through strategic planning and municipal programs. We’re thankful to Constantine Yalovy, ex-Chairman of the Standing Committee of the Kyiv City Council on Environmental Policy, for the valuable review published in “Ukrainska Pravda. Life”. *** The megacities are home to millions of people who […]
About five years ago, the Car and Sustainable Energy Fund CEO, Christofer Rathke, visited Saudi Arabia. There he wanted to warn investors and high-ranking officials that fossil fuels could quickly become less critical as renewable energies would “soon be competitively priced.” But beyond the declarations of intent, the course did not reverse. However, the fund […]
