Denmark's top energy company and one of Europe's largest steel producers will partner on low-carbon steel in a drive to cut emissions.
Hydrogen, is desirable as a clean-burning fuel. It is currently mainly produced using water and natural gas or even coal. Yet there are processes to create “green” hydrogen using electricity, including from renewables. The industry is exploring these possibilities.
The ambitious target comes as an indication that investments in the green transition will become increasingly profitable. A fund started by Bill Gates recently announced its intention to invest $1 billion into climate change technology in Europe. Elsewhere, the CEO of the world’s largest asset management fund Blackrock said ESG was a prerequisite to delivering value and growth.
A regular roundup of the top developments in plastics and sustainability – from regulatory changes to company news.
Nuclear energy provides a carbon-free power source and drives innovation, according to a panel hosted by Rosatom in Dubai.
Rules proposed by the EC would hand out green labels to investments that don’t significantly help fight climate change, experts say.
Oil and gas stocks jumped last year. Although this threatened to lure investors away from ESG-linked choices, half of the largest sustainable investment exchange-traded funds did better than the S&P 500.
Copper is critical to the global green energy system and requires sustainable development of untapped deposits, says Alisher Usmanov.
Larry Fink, head of the world's largest asset management fund BlackRock, hailed the rise of ESG in his annual letter to CEOs.
The Catalyst program will finance European projects and initiatives to reduce emissions in four areas which are notoriously hard to decarbonize: clean hydrogen, direct air capture, sustainable aviation fuel, and long duration energy storage.