Only 20 nations use 91% of global energy

Jul 18, 2017 Jonny Bairstow Markets & Finance 0

A staggering 91% of the entire planet’s electricity is used by only 20 nations. The disparity in energy usage is highlighted in new research published by GoCompare Energy, which shows despite...

Global gas demand ‘to rise 1.6% each year’

Jul 14, 2017 Jonny Bairstow Coal, Gas & Oil 0

Global gas demand is expected to see annual growth of 1.6% for the next five years. That’s according to the International Energy Agency (IEA), which says consumption will reach almost 4,000...

Investments in electricity sector overtakes oil and gas

Jul 11, 2017 Priyanka Shrestha Energy Efficiency, Coal, Gas & Oil, Markets & Finance, Top Stories 0

Investments in the electricity sector exceeded those in oil and gas for the first time last year. It comes as nations were on a spending splurge on renewable energy and power grids as the fall in...

Chinese finance platform fights air pollution

Jun 26, 2017 Jonny Bairstow Sustainability & Environment, Markets & Finance 0

A green financing platform has been launched to improve air quality in the greater Beijing-Tianjin-Hebei (BTH) region. The China National Investment and Guaranty Corporation’s (I&G) scheme is...

EU slaps steel import duties to counter Chinese subsidies

Jun 13, 2017 Priyanka Shrestha Policy & Legislation, Markets & Finance 0

The European Commission has decided to impose definitive anti-subsidy duties on hot-rolled flat steel from China. It confirmed those types of Chinese steel will now be taxed up to 35.9%....

California-China join forces on climate and cleantech

Jun 09, 2017 Priyanka Shrestha Low Carbon 0

California and China have signed an agreement to work together on climate change and clean energy technologies. The Government of California and China’s Ministry of Science and Technology aim to...

EU slaps new anti-dumping duties on Chinese steel

May 24, 2017 Priyanka Shrestha Markets & Finance 0

The European Commission has announced anti-dumping duties on a new type of steel products from China. Its latest investigation found Chinese seamless pipes had been sold in Europe at dumped...

Oil price sinks to five-month low

May 05, 2017 Priyanka Shrestha Coal, Gas & Oil 0

The price of oil has fallen dramatically, hitting its lowest level since November 2016. According to analysts, Brent crude fell to $47.49 (£36.7) a barrel, while US crude dropped to $44.58 (£34)...

UN and Chinese firm team up to raise climate change awareness

May 01, 2017 Priyanka Shrestha Sustainability & Environment, Top Stories 0

The UN has teamed up with a Chinese start-up in a bid to raise public awareness about climate change. The partnership between UN Development Programme (UNDP) and Beijing-based bike sharing...

China, India and US lead 75GW wave of new solar

Apr 25, 2017 Jonny Bairstow Infrastructure & Generation, Low Carbon 0

Solar energy’s 75GW of new capacity in 2016 was led by rapid development in China, India and the US. That’s according to a new report from the International Energy Agency (IEA),...