Live Breaking News & Updates on Renewable Fuels Trbc Level 4|Page 8
Stay updated with breaking news from Renewable fuels trbc level 4. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
3 Min Read BRUSSELS (Reuters) - Ryanair, Easyjet and other low-cost airlines have written to the European Union asking that its plan to force carriers to use a certain share of sustainable fuels apply to all flights, not just short-haul ones. FILE PHOTO: A Ryanair aircraft taxis behind an easyJet aircraft at Manchester Airport in Manchester, Britain June 28, 2016. REUTERS/Andrew Yates/File Photo The European Commission is drawing up targets for airlines to use a minimum share of sustainable aviation fuels (SAF), to curb the sector’s planet-warming CO2 emissions. In December Brussels shelved a draft 5% target for 2030 for being too low. ....
By Reuters Staff 2 Min Read MILAN (Reuters) - Italy plans to cut its carbon emissions by around 60% by 2030 after using 80 billion euros ($96 billion) of EU funds for energy transition in the next five years, Ecology Minister Roberto Cingolani said. FILE PHOTO: Seagulls fly in front of chimneys billowing smoke from rooftops amidst dense fog and smog in Milan, Italy, January 8, 2020. REUTERS/Flavio Lo Scalzo In a phone conversation with U.S. climate envoy John Kerry on Wednesday, Cingolani called the emission reduction plan “a massive improvement”. The EU recently set an emissions-reduction target of 55% by 2030, while in its last national energy plan, released in December 2019, Italy set itself a target of a 33% reduction by the same year. ....
By Reuters Staff 2 Min Read BERLIN, March 11 (Reuters) - Germany agreed on Thursday to cooperate with Saudi Arabia on the generation, processing and transport of hydrogen, seen as a green fuel when renewable energy sources are used in its production. Germany has started a large-scale effort to develop environmentally-friendly hydrogen to protect key industries while it decarbonises its economy to meet climate protection goals. However, as future German demand for the element cannot be met domestically, it is seeking partnerships overseas to secure imports. German Economy Minister Peter Altmaier said the declaration of intent signed with Saudi Arabia laid the groundwork for close cooperation with an important international partner. ....
By Reuters Staff 2 Min Read OSLO (Reuters) - Aker Clean Hydrogen (ACH), a hydrogen-focused arm of Norway’s Aker group, is set to raise up to 3 billion crowns ($353 million) in a private placement and to list its shares on Oslo’s small cap market, its parent company said on Thursday. ACH aims to reach net 5 gigawatt (GW) installed capacity of emissions-free hydrogen production by 2030, with net 1.3 GW already under development, including a 450 MW production facility at a Yara ammonia plant in Norway. The company plans to issue 187.5 million new shares at a fixed price of 16 crowns per share, equivalent to a pre-money valuation of 8.0 billion crowns, to fund the planned projects, its parent Aker Horizons said. ....
3 Min Read WASHINGTON (Reuters) - U.S. climate envoy John Kerry on Tuesday urged oil and gas companies to do more to diversify and adopt low-carbon technologies to tackle climate change. FILE PHOTO: FILE PHOTO: John Kerry, U.S. President-elect Joe Biden s special presidential envoy for climate appointee, speaks as President-elect Biden announces his national security nominees and appointees at his transition headquarters in Wilmington, Delaware, U.S., November 24, 2020. REUTERS/Joshua Roberts/File Photo Speaking alongside oil executives making the case for the continued production of oil and gas at the virtually-held CERAWeek conference, Kerry called for the United States to accelerate the development of hydrogen, carbon capture and other technologies that can reduce emissions. ....