Tag

Low Carbon Energy

All articles tagged with #low carbon energy

"COP28: Global Push for Tripling Nuclear Energy Usage to Combat Climate Change"
energy2 years ago

"COP28: Global Push for Tripling Nuclear Energy Usage to Combat Climate Change"

More than 20 countries have pledged to triple their use of nuclear energy as part of the Declaration to Triple Nuclear Energy, announced at the COP28 summit in Dubai. The initiative aims to increase the global output of nuclear energy and highlights its critical role in reducing greenhouse gas emissions and achieving the 1.5-degree target to combat climate change. Nuclear power is considered a low-carbon energy source that can effectively contribute to mitigating climate change.

Yellen Urges APEC Finance Ministers to Prioritize Sustainable Growth
economy2 years ago

Yellen Urges APEC Finance Ministers to Prioritize Sustainable Growth

U.S. Treasury Secretary Janet Yellen has urged finance ministers from Asia Pacific Economic Cooperation (APEC) countries to focus on boosting their economies' productive capacity, financing the transition to low-carbon energy, and providing opportunities for the poor. Yellen emphasized the need for collaboration among the 21 APEC economies to achieve the goals of creating an open, dynamic, resilient, and peaceful Asia-Pacific community. The meeting comes amid concerns over slowing growth, inflation, and tensions between the U.S. and China. Yellen also highlighted the importance of sustainable growth, leveraging emerging technologies, and addressing climate change.

Shell CEO predicts strong demand for oil and gas despite EV charging station growth in China.
energy2 years ago

Shell CEO predicts strong demand for oil and gas despite EV charging station growth in China.

Shell CEO Wael Sawan predicts "very robust" demand for oil and gas in the short and medium term, while also investing $10 billion to $15 billion in low-carbon energy technologies. One area of investment is building EV charging stations, particularly in Asia, where there is a significant penetration of electric vehicles. In China, EV charging customers are coming in twice as much as internal combustion engine customers. The second area of investment is biofuels, driven by regulatory pressures in multiple parts of the world.