MANAMA: A major solar project at Bahrain International Circuit (BIC) that could power the 2022 Formula 1 Grand Prix is set to begin soon. BIC yesterday announced the launch of an international public tender for the development of the solar farm at the circuit. A Request for Proposal has been issued via the Government Tender […]
Refugee Crisis, Green Energy, and Climate Responsibility
In the second half of 2017, the government did something unprecedented in response to an unprecedented situation—it sheltered about 750,000 Rohingyas fleeing from a “textbook example of ethnic cleansing” by the Myanmar army. Our response to this humanitarian crisis had serious environmental and ecological consequences. We, however, could see three stages of development to make […]
Giza and Juwi Strike Gold With Solar Farm Contracts in Egypt
The companies will build a solar farm and battery energy storage system at the Sukari Gold Mine, reducing carbon emissions by more than 60,000 tonnes per year Giza Systems and juwi have secured contracts from Centamin to build a 36MW solar farm and 7.5MW battery energy storage system at the Sukari Gold Mine in Egypt. […]
Tencent Tops Greenpeace Clean Energy Rankings for China Big Tech
Internet firms now rank among the biggest corporate consumers of electricity, and in China rely largely on carbon-intensive coal-fired power to keep their data centres humming around the clock SHANGHAI: Tencent Holdings Ltd is the best of China’s energy-guzzling cloud services providers when it comes to tackling carbon emissions and procuring from renewable sources, Greenpeace […]
Carbon Emissions from Energy Dropped 10 Per Cent in the EU Last Year
Eurostat said in a statement Friday that emissions fell in all of the EU’s 27 member nations compared to 2019 as governments imposed lockdown measures to slow the spread of the virus BRUSSELS – Carbon dioxide emissions from fossil fuel combustion dropped 10 per cent in the European Union last year amid the coronavirus pandemic, […]
On target: How to succeed with carbon-reduction initiatives
McKinsey research reveals which industries are on track to meet green objectives and how they got there. The argument for global companies to reduce their greenhouse-gas (GHG) emissions is clearer than it has ever been: Business operations around the world are now subject to greater climate and transition risks. Consumers are clamoring for eco-friendly products […]
Global carbon emissions set for second-biggest increase in history: IEA
This will be the biggest annual rise in emissions since 2010 during the carbon-intensive recovery from the global financial crisis. Paris: Global energy-related carbon dioxide emissions are on course to surge by 1.5 billion tonnes in 2021 – the second-largest increase in history – reversing most of last year’s decline caused by the COVID-19 pandemic, […]
Global Carbon Emissions to Rise by 1.5 Billion Tonnes in 2021; Record Second-Largest Annual Increase Ever: IEA
Global energy-related carbon dioxide (CO2) emissions will see a rise of 1.5 billion tonnes in 2021, marking the second-largest annual increase ever, the International Energy Agency (IEA) said in its latest report on Tuesday. While this would be the biggest annual increase in emissions since 2010, and it would reverse most of last year’s decline […]
Bitcoin’s green haven is running out of surplus electricity
The Nordic region is losing its edge in green Bitcoin mining, just as the industry faces growing scrutiny for its carbon emissions and everyone from Elon Musk to mom-and-pop investors pile in. Iceland, Sweden and Norway have been popular mining locations because of an abundance of geothermal, hydro and wind power. China, where most coins […]
Temasek and BlackRock commit $600 million to invest in firms working to reduce carbon emissions
The partnership between Temasek and BlackRock — called Decarbonization Partners — will launch a series of late-stage venture capital and early growth private equity investment funds. They plan to commit a combined $600 million in initial capital to invest across the funds, which would also raise money from third-party investors. The first fund has a […]
