Banks shying away from fossil fuels bolster private credit deals
Private credit managers are doing significantly more fossil-fuel deals now than just a few years ago, as they step into a void left by banks exiting assets they worry pose too big a climate risk.
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Visit: 78
Crypto mining can retire fossil fuels for good
Mining News Pro - Cryptocurrency mining using proof of work calculations is very energy-intensive, but it isn't the only option.
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Visit: 341
EU’s Green Deal demands switch from fossil fuels to domestic metal production
Mining News Pro - In a recently published whitepaper, researchers from the Leiden-Delft-Erasmus Universities analyze the geopolitical context within which the European Union’s Green Deal is being advanced and conclude that the focus of the block’s energy transition should be on a switch from fossil fuels to metals.
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Gulf widens between fossil fuels, transition to renewable energy
Mining News Pro - Even before Russia invaded Ukraine, shocking oil and natural gas markets, an energy crisis had already been brewing in Europe – a crisis that was somewhat self-induced.
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Visit: 549
Now climate activists want BHP to keep hold of its fossil fuels
Mining News Pro - BHP Group, the world’s top miner, should abandon plans for multi-billion dollar sales of fossil fuels assets and instead responsibly close down the operations, according to an environmental campaign group.
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How fossil fuels can help decarbonize the economy
Researchers at Rice University’s Carbon Hub are proposing the idea of actually using hydrocarbons to slash carbon dioxide emissions.
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In the cost war, renewables are winning battles against fossil fuels
Mining News Pro - A new report by the International Renewable Energy Agency states that in the past 10 years, clean energy has not only started seriously competing with fossil fuels but has significantly undercut them when new electricity generation capacity is required.
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Visit: 666
Investors with $41 trillion urge G7 to end support for fossil fuels
Mining News Pro - A group of 457 investors, which oversees more than $41 trillion in assets combined, and a coalition of group of 79 company CEOs are calling on the G7 — Canada, France, Germany, Italy, Japan, the UK and US — to work harder on reducing greenhouse emissions and cut funding for fossil fuels.
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Visit: 498
World needs Congo copper to kick fossil fuels, Friedland says
Mining News Pro - An African nation emerging from decades of conflict and corruption holds the key to greening the global economy.
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Visit: 430
New fuel from plastic waste aims to replace fossil fuels in the marine industry
Mining News Pro - London-based Clean Planet Energy announced the creation of two new ultra-clean fuels manufactured to replace fossil fuels in the marine industry.
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Visit: 801
European Investment Bank explains divestment from unabated fossil fuels
Mining News Pro - Prior to a major press conference to be held next week at the COP25 Climate Change Conference in Madrid, the European Investment Bank issued a press release stating that it has stopped financing unabated fossil fuels to do its part to limit the damage caused by climate change.
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Visit: 1106
Miners try to move away from fossil fuels
Mining News Pro - A research report by Wood Mackenzie asserts that electrification and automation will be a key priority for global mining companies as they try to move away from fossil fuels.
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Visit: 1185