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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

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The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report. —Dr Fatih Birol, the IEA’s Executive Director.

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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% Turmoil in energy markets.

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Air Products announces multi-billion dollar net-zero blue hydrogen energy complex in Edmonton, Alberta

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in conjunction with the Government of Canada and the Province of Alberta, announced a multi-billion dollar plan to build a landmark new net-zero blue hydrogen energy complex. Canada’s clean energy diversification strategy and regulatory framework make clear that hydrogen is a key enabler for carbon neutrality by 2050. blue hydrogen).

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IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

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Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review.

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California Energy Commission awards $2M to Symbio H2 Central Valley Express heavy-duty fuel cell truck project

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The California Energy Commission (CEC) selected Symbio, Michelin, and Faurecia along with GTI and other industry partners, to develop and demonstrate a hydrogen-fueled, regional-haul Class 8 truck, as major contributors to a state-supported hydrogen mobility project.

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Novel adaptation for existing blast furnaces could reduce steelmaking emissions by 88%; closed-loop carbon recycling

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Devised by Professor Yulong Ding and Dr Harriet Kildahl from the University of Birmingham’s School of Chemical Engineering, the system is detailed in an open-access paper published in the Journal of Cleaner Production. If implemented in the UK alone, the system could deliver cost savings of £1.28 —Kildahl et al. Kildahl et al.

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CARB: clean fuels replaced more than 50% of diesel used in California in Q1 2023

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California’s Low Carbon Fuel Standard (LCFS), which requires fuel producers to reduce the carbon intensity of fuel sold in the state, is largely responsible for the shift by encouraging the use and production of cleaner alternatives. Since compliance began, the program has helped to replace more than 8.6 billion gallons of diesel.

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