Latest Green technology News
China built out record amount of wind and solar power in 2024
China raced ahead building renewable energy last year, installing more wind and solar power than ever before and continuing to leave all other countries in the dust. The nation put up 357 gigawatts of solar and wind, a 45% and 18% increase, respectively, over what was operating at...
Europe posts record year for clean energy use as Trump pulls US toward fossil fuels
A record 47% of the European Union’s electricity now comes from solar and other renewables, a report Thursday said, in yet another sign of the growing gap between the bloc's push for clean energy and the new U.S. administration's pursuit of more fossil fuels. Nearly three-quarters...
South Korea to shrink biomass energy subsidies after criticism over link to deforestation
JAKARTA, Indonesia (AP) — The South Korean government will reduce subsidies for biomass energy after rising domestic and international criticism of its link to deforestation. Environmental activists generally applauded the reforms but criticized loopholes and slow timelines for phasing out the...
Key takeaways from Trump's energy secretary pick's confirmation hearing
Chris Wright, President-elect Donald Trump’s pick for energy secretary, told senators during his confirmation hearing Wednesday that he would promote all sources of American energy, while also acknowledging the burning of fossil fuels causes climate change. Wright, a fossil fuel...
Italy, Albania and UAE ink clean energy cooperation deal
ROME (AP) — Italy, Albania and the United Arab Emirates signed a three-way clean energy cooperation deal Wednesday that calls for the Gulf country’s expertise to be put to use in Albania to produce solar, wind and other renewable energy, some of which would then be transferred to Italy via an...
How mega-polluters take advantage of billions in green loans
Shell got one. So did the pipeline company Enbridge. And last summer, energy giant Drax got its biggest one to date, worth more than half a billion dollars. These weren’t just any loans to massive corporations. They were made by some of the world’s largest banks at discounted...
Biden administration finalizes clean electricity tax credits, says Trump should keep in place
New tax credits are available for companies that generate clean electricity, the Biden administration announced Tuesday, while arguing it would be a mistake for President-elect Donald Trump to try to undo them. The Treasury Department and the Internal Revenue Service released final...
Biden, on his way out, sets 'ambitious' climate goal: Cut US greenhouse gas emissions by over 60%
WASHINGTON (AP) — President Joe Biden is pledging to cut U.S. greenhouse gas emissions by more than 60% by 2035 as he fights to ensure his legacy on slowing global warming, even as President-elect Donald Trump vows to undo much of Biden's climate work when he takes office next month. ...
