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May 05, 2021
Energy Editor

British banks ‘Stuck on Coal’ despite government climate pledge

LONDON: Six months before the UK hosts COP26 in Glasgow, a report from NGOs Reclaim Finance and Urgewald says Britain’s largest banks - Barclays, HSBC, Standard Chartered, NatWest and Lloyds Banking Group - provided US$56 billion to companies on Urgewald’s…
April 29, 2021
Energy Editor

Where there’s a will there’s a way to a green economy

LONDON: The Energy Transitions Commission (ETC), an international think tank, has released two new reports saying a net-zero greenhouse gas (GHG) emissions economy within the next 30 years is technically and financially feasible. The report ‘Making Clean…
April 29, 2021
Energy Editor

Neste to produce 500,000 tons of SAF in Rotterdam

ROTTERDAM: Neste, a producer of renewable diesel and sustainable aviation fuel (SAF), is to modify its Rotterdam refinery at a cost of €190 million to produce 500,000 tons of SAF a year. Together with the company’s Singapore refinery expansion, Neste will…
April 28, 2021
Energy Editor

e-ammonia key to marine shipping decarbonisation

BRUSSELS: A new study by NGO Transport & Environment (T&E) says seven percent of EU marine shipping fuels must be based on green fuels by 2030 for the sector to decarbonise by 2050. This means EU shipping must reduce CO2 emissions by 90 million tonnes by 2030…
April 27, 2021
Energy Editor

Switch to electric-powered delivery continues

OSLO/ASHBY-DE-LA-ZOUCH, UK: DB Schenker has opened a distribution hub in Oslo using only electric-powered vehicles for last-mile delivery as a precursor to doing the same for all major Norwegian cities by the end of 2021. The company is adding 25 more…
April 20, 2021
Energy Editor

Second SAF buyer’s group formed

NEW YORK: Following a similar move by United Airlines, The Environmental Defense Fund (EDF) and the Rocky Mountain Institute have launched a buyer’s group to encourage investment in Sustainable Aviation Fuel (SAF). Supported by Boeing, BCG, Deloitte, JPMorgan…
April 14, 2021
Energy Editor

United forms sustainable fuel buyers alliance

CHICAGO/MARSEILLE: United Airlines has launched an ‘Eco-Skies Alliance’ to purchase 3.4 million gallons of Sustainable Aviation Fuel (SAF) with the help of 11 corporations. World Energy, a long-term partner of United, will supply enough SAF at Los Angeles…
April 13, 2021
Energy Editor

Airbus and Finnair expand use of SAF

BROUGHTON, UK/HELSINKI, Finland: Airbus has begun using Sustainable Aviation Fuel (SAF) supplied by Air BP to transport aircraft wings from the UK to Toulouse, Hamburg and Bremen using its ‘Beluga’ freighter fleet. SAF is certified for up to 50 percent use in…
April 08, 2021
Energy Editor

New biofuel partnership for logistics

BOSTON/STOCKTON, CA: World Energy, a provider of low-carbon fuel to the transportation sector, has partnered with Community Fuels, a biofuel production and distribution company in Stockton, California to distribute low-carbon fuels throughout the state.…
March 24, 2021
Energy Editor

Banks increase fossil fuel financing despite climate crisis

NIJMEGEN, The Netherlands: A new report says since the Paris Agreement was adopted, 60 of the world’s largest banks have invested US$3.8 trillion in the fossil fuel industry, including US$1.5 trillion to the top 100 expanding companies. The report ‘Banking on…
March 17, 2021
Energy Editor

Danish-led consortium to produce sustainable marine and aviation fuel

COPENHAGEN: A consortium led by Shell Denmark has received €4 million from the Danish Innovation Fund (IFD) to produce commercial levels of new generation aviation and marine fuel based on hydrothermal liquefaction (HTL) technology. The goal of the 17-member…
March 15, 2021
Energy Editor

Airlines push for non-fossil fuel options

BRUSSELS: The Fuelling Flight Project, representing a group of European aviation interests and civil society stakeholders, says the European Commission must ensure its Renewable Energy Directive standards don’t encourage investments in solutions that increase…

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