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
A Vancouver non-profit is calling on Canada’s competition regulator to launch a greenwashing investigation into Lululemon — saying the athleisure brand is misleading consumers about its environmental practices. The complaint, which was filed by the organization Stand.earth last Thursday, says Lululemon’s Be Planet sustainability campaign from 2020, in which the company said it would work to reduce its greenhouse gas … Read more
A Labour spokesperson said Friday evening that the party’s plans would “create good jobs in all parts of the country” and that the opposition represented the “party of business and stability for their investments” “We have been consistent that a proper windfall tax means raising the rate of the windfall tax to match the rate … Read more
Farmers’ protests have broken out in many countries across Europe in recent weeks, with the industry expressing discontent over the EU’s green policies. Some of the largest demonstrations have been in Germany, prompted by a cut to diesel subsidies. Brussels has faced calls from industry groups and some political parties to lay out a 2040 … Read more
The government has described the fossil gas power plants as “modern, highly flexible and climate-friendly” because they will be capable of conversion to use clean-burning hydrogen gas produced from renewable sources. The plants are projected to produce up to 10 gigawatts of electricity. Tenders for the projects will begin soon. German energy firm Uniper, which … Read more
The earlier target represents a loss for the German Greens who, ahead of a three-day party congress in Lyon this weekend, had pushed for the climate neutrality target to be delayed to 2045, according to amendments seen by POLITICO. The election manifesto, which was adopted by a large majority of national delegations, warned that meeting … Read more
Activists at the October protest, including Thunberg, attempted to block the entrance to the meeting at London’s InterContinental Park Lane Hotel. Thunberg warned that “the world is drowning in fossil fuels” before being escorted away from the event by police. She told journalists before her arrest that “spineless politicians” were gathering at the meeting with … Read more
Protesters attempted to block the entrance to the meeting at London’s InterContinental Park Lane Hotel. Thunberg warned that “the world is drowning in fossil fuels” before being escorted away from the event by police. She told journalists before her arrest that “spineless politicians” were gathering at the meeting with fossil fuel lobbyists, according to a … Read more
Heavy lifting ahead For her plan to work and to attract the necessary firepower, expertise and resources, Meloni needs buy-in from the EU. European Commission President Ursula Von der Leyen, who could find herself in need of Meloni’s support after the June EU election to secure a second term, has confirmed she will attend the … Read more
Warsaw is on the path to unblocking €76 billion in EU cash that was frozen over rule-of-law-concerns, said Poland’s minister for funds and regional policy. Payout of the funds from the EU’s 2021-2027 budget have been blocked over legal concerns after the government led by the nationalist Law and Justice (PiS) party implemented judicial reforms … Read more
