News
News
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Plastic bags could soon be converted into waste-based batteries
Plastic bags could soon be converted into waste-based batteries. New research published in the American Chemical Society journal claims a newly discovered process means environmentally-troubling shopping bags can be converted into carbon chips to be used as anodes for lithium-ion batteries. They say previous methods to turn throwaway polyethylene into pure carbon have been inefficient […]
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Australia commits to planting a billion new trees
The Australian Government has committed to plant a billion new trees by 2050. It expects the scheme will help the nation achieve international Paris Agreement targets and estimates the project will eventually remove 18 million tonnes of greenhouse gases per year. The country currently producing more than 500 million tonnes of carbon dioxide-equivalent per year. Australian Prime […]
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EU approves sale of Johnson Controls’ power business to Brookfield
The European Commission has given the green light for the buyout of Johnson Controls’ power solutions business by a Canadian company. Canada’s Brookfield Asset Management, an asset manager with a focus on real estate, renewable power, infrastructure and private equity, is taking over the business in Ireland that develops batteries for cars for $13.2 billion […]
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Solar powered camera brings AI tech into focus
A technology firm has launched a prototype artificial intelligence (AI) camera that is powered by the sun. Seattle-based startup Xnor’s new device uses AI technology to intelligently detect visual objects, including people. It then identifies and classifies information before sending insights from the analysed frames to the owner. Small solar panels mean no battery or external power source […]
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EU invests €116m in climate and environmental projects
The European Commission has announced an investment worth €116 million (£102m) to support 12 large-scale environmental and climate projects. They are being funded under the LIFE programme for the Environment and Climate Change, which has a budget of €3.4 billion (£3bn) between 2014 and 2020. Projects include the replacement of polluting household heating systems, development […]
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Japanese trading house ITOCHU announces coal exit
Japanese trading house ITOCHU has pledged to stop investing in new coal-fired power plants as well as thermal coal mines. It is part of the company’s efforts to help reduce greenhouse gas emissions and help tackle climate change. ITOCHU, with an equity market capitalisation of $29 billion (£22.6bn), is to continue divesting its existing thermal […]
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Amazon invests $700m in Rivian
Amazon has invested $700 million (£546m) in Rivian. The multinational corporation is leading a new round of investment in the electric vehicle (EV) startup, which will also include participation from existing shareholders. Rivian will remain an independent company – it says its launch products, the R1T and R1S, will be able to deliver up to 400 […]
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And now for some very grave news… a Tesla hearse to die for
If you thought other electric cars sounded great, this one is simply heavenly. A heavily modified Tesla Model S has appeared on second-hand car site Finn.no in the form of a hearse. The electric vehicle (EV), which was created by funeral industry car supplier Karmøy Bilsenter, can be found in Kopervik, Norway with only 1,000 kilometres […]
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US oil output ‘to soar above 13m barrels per day in 2020’
US crude oil output will reach a new record and soar above 13 million barrels per day (bpd) in 2020. That’s the prediction made in the latest monthly forecast published by the Energy Information Administration (EIA), which expects production to rise by a massive 1.45 million bpd this year to new heights of 12.41 million […]
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World Bank grants $7.6m for renewable energy in Nepal
The World Bank has approved two grants totalling $7.6 million (£5.9m) to support the renewable energy industry in Nepal. The Strategic Climate Fund (SCF) is backing a mini grid energy access project, which hopes to address the barriers to private sector participation in the mini grid sector for renewables – they will be able to […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas