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A giant new offshore wind project is set to power 10 million US homes

June 3, 2021
You are here: Home / World Economic Forum / A giant new offshore wind project is set to power 10 million US homes
A giant new offshore wind project is set to power 10 million US homes
(Credit: Unsplash)
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.
Author: Sean Fleming, Senior Writer, Formative Content
The US is set to power 10 million homes from a series of offshore wind farms.
Global offshore wind has grown from 2.2 gigawatts in 2016 to 6.1 gigawatts in 2020.
The UK has the most offshore wind capacity of any country.
But unless current plans are immediately accelerated, the world will miss the target of net zero by 2050, says the Global Wind Energy Council. ....

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Major global economies announce collaboration to drive the global decarbonisation of steel and cement

VIENNA, 1 June 2021 – In a high-level online session earlier today, a coalition of governments and organizations, led by the United Kingdom (UK) and India, launche ....

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Banking giants team up to accelerate net-zero transition for steel industry

Banking giants team up to accelerate net-zero transition for steel industry
Six leading lenders to the steel industry - ING, Citi, Goldman Sachs, Societe Generale, Standard Chartered and UniCredit - have created a new working group focusing on decarbonisation.
Steel manufacturing is accountable for around 7% of global emissions from fuel use
Called the Steel Climate-Aligned Finance Working Group, the panel will consist of senior representatives from each bank’s metals and mining teams, as well as sustainability and climate professionals. They will work together to develop a financing agreement, to be signed by all member firms and other banks and investors, that is aligned with the Paris Agreement. ....

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Industrial Deep Decarbonisation Initiative

Industrial Deep Decarbonisation Initiative
unido.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from unido.org Daily Mail and Mail on Sunday newspapers.

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Industrial clusters using green hydrogen can drive clean energy transition in Europe and China

May 7, 2021
You are here: Home / EUGlobe / China / Industrial clusters using green hydrogen can drive clean energy transition in Europe and China
Industrial clusters using green hydrogen can drive clean energy transition in Europe and China
(Credit: Unsplash)
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.
Author: Kevin Tu, Senior Advisor China , Agora Energiewende, Matthias Deutsch, Senior Associate, Agora Energiewende & Gniewomir Flis, Senior Advisor Hydrogen, Agora Energiewende
Hydrogen produced with renewable resources will become cheaper than fossil fuels by 2030 across a range of applications.
Green hydrogen will be used to replace fossil fuels in hard-to-abate sectors. ....

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