Japan’s JERA, South Korea’s Posco to Collaborate on Low Carbon Fuels
The partnership stems from a program between Japan and South Korea to reduce greenhouse gas emissions and ensure energy security.
China Cuts New Coal-Powered Plant Approvals by 80%, Finds Greenpeace
China’s combined wind and solar capacity of 11.8 terawatts exceeded coal capacity of 11.7 TW for the first time in the first half and made up 84.2 percent of all new grid-connected capacity.
Will Europe Launch Carbon Tax on LNG Imports?
The EU launched its carbon border adjustment mechanism (CBAM) in October 2023, initially targeting specific industries like steel and aluminum. While LNG isn’t included for now, the bloc has extended its Emissions Trading Scheme (ETS) to shipping.
New ADNOC Projects To Operate With Net Zero Emissions
ADNOC’s Hail and Ghasha offshore development project will operate with net zero carbon emissions.