Canada’s biofuel industry is welcoming a proposed multi-billion dollar package of financial support from the federal government, although concerns remain about whether it will be enough to compete with lucrative subsidies south of the border and reverse the growing dependence on U.S. imports to meet clean fuel regulations. The federal government is committing $1.27 billion toward … Read more
The world installed 117 gigawatts of new wind power capacity in 2023, a 50% increase from the year before, making it the best year for new wind projects on record, according to a new report by the industry’s trade association. The latest Global Wind Report, published Tuesday by the Global Wind Energy Council, explores the … Read more
A new report says the federal government is providing billions of dollars in financial support for the fossil fuel industry, despite measures announced last year to limit certain types of subsidies for the oil and gas industry. The analysis, released today by the advocacy group Environmental Defence, estimated that Ottawa offered up at least $18.6 … Read more
However, the use of nuclear energy does have its risks. In March 2011, an earthquake and resulting tsunami caused a meltdown at the Fukushima Daiichi nuclear power plant in Japan, prompting the evacuation of all people living within a 20km radius over fears of radiation contamination. “Given the technical complexity and ongoing developments in advanced … Read more
Protecting the Planet: How renewable energy advances power the 21st century – CBS News Watch CBS News In this episode of “Protecting the Planet,” CBS News senior environmental correspondent Ben Tracy explores the challenges, innovations and partnerships making renewable clean energy more widespread. Be the first to know Get browser notifications for breaking news, live … Read more
During his Budget 2024 speech, Finance Minister and Deputy Prime Minister Lawrence Wong announced a S$5 billion Future Energy Fund as part of Singapore’s transition to clean energy. Geothermal and nuclear energy sources are currently being studied as part of the country’s power portfolio. GE Vernova’s Asia Decarbonization Leader Kazunari Fukui is our guest this … Read more
The federal government will fund 17 projects across the United States to expand access to renewable energy on Native American reservations and in other rural areas, the Biden administration announced Tuesday. The $366 million plan will fund solar, battery storage and hydropower projects in sparsely populated regions where electricity can be costly and unreliable. The … Read more
Plaksha University has announced the launch of the Indorama Ventures Center for Clean Energy – a research center that aims to lead a clean energy transition through education and research. Plaksha University has launched the Indorama Ventures Center for Clean Energy – a research center aimed at supporting India’s transition to a net zero-carbon, self-reliant, … Read more
Our planet is changing. So is our journalism. This weekly newsletter is part of a CBC News initiative entitled “Our Changing Planet” to show and explain the effects of climate change. Keep up with the latest news on our Climate and Environment page. Sign up here to get this newsletter in your inbox every Thursday. This week: From … Read more
UK industries and businesses are set to get a major boost to take the net zero transition leap as the UK government has announced over £190 million in funding. The Department for Energy Security and Net Zero announced £190 million in funding for 12 winning projects on January 22. This is to develop plans to … Read more
