Investment in oil and gas could fall by half by 2030 to meet climate goals, says IEA
The International Energy Agency (IEA) said in a report on Thursday that the goal of limiting global warming to 1.5 degrees Celsius could result in halving the current $800 billion invested annually in the global oil and gas sector. gas by 2030. The report added that no new […]
China will encourage adoption of biodiesel
The People's Republic of China is outlining an ambitious series of initiatives aimed at vigorously boosting its domestic biodiesel market. As reported by the Reuters news agency, the Chinese government's National Energy Administration is planning to launch a sequence of pilot projects strategically focused on the expansion of biofuel. On a […]
US SAF industry is behind 2030 target, analysts say
North American production of Sustainable Aviation Fuel (SAF) is below the target set by US President Joe Biden of 11.35 billion liters per year by 2030, as pointed out by analysts cited in a Reuters report. The goal set by Biden in 2021 represents a significant increase compared to the current 59.8 […]
Report finds Russia used profits from Ukrainian grain theft to finance war effort
The international human rights organization Global Rights Compliance (GRC) released a report saying it found evidence of advance planning by Russia to siphon more than US$1 billion a year worth of Ukrainian grain to finance its war efforts. Titled 'Agriculture Weaponised – the Illegal Seizure and Extraction of Ukrainian Grain […]
