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Biden administration speeds transition to electric vehicles

The nation’s slow transition to electric vehicles got a boost Wednesday when the Biden administration announced it had finalized the strongest-ever pollution standards for cars and light trucks for model years 2027 through 2032. The Environmental Protection Agency rule would require car manufacturers to increase sales of electric vehicles while cutting carbon emissions from gasoline-powered

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Saudi Aramco CEO calls energy transition strategy a failure

HOUSTON, Texas: Pointing to the still paltry share of renewable energy in global supply, the head of Saudi Aramco described the current energy transition strategy as a misguided failure on Monday. “In the real world, the current transition strategy is visibly failing on most fronts,” Saudi Aramco Chief Executive Officer (CEO) Amin Nasser said at

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The Benefits of Japan’s Climate Transition Bond  – The Diplomat

This week, Japan issued the first-ever sovereign climate transition bond. The proceeds will catalyze public-private investments of 120 trillion yen ($803 billion) to implement the Green Transformation (GX), Japan’s landmark policy for reaching carbon neutrality. Clean energy advocates have rightly criticized the GX for promoting technologies like coal ammonia co-firing and carbon capture and storage,

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PH partners with Norway for clean energy transition

THE Philippine government is gearing toward a clean energy transition through a partnership with Norway’s renewable energy sector. In a recent bilateral delegation meeting, representatives from the Philippines’ Department of Energy, Department of Transportation, Philippine National Oil Co. and other private organizations explored future cooperation with Norway’s renewable energy sector.

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