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Greenhouse Gases

China climate envoy says phasing out fossil fuels 'unrealistic'

The complete phasing-out of fossil fuels is not realistic, China's top climate official said, adding that these climate-warming fuels must continue to play a vital role in maintaining global energy security.

Britain delays ban on new petrol and diesel cars to 2035

Britain will push back a ban on new petrol and diesel cars and vans to 2035 from 2030, Prime Minister Rishi Sunak said, adding that the cars would still be available to buy on the secondhand market thereafter

LanzaJet strengthens collaboration with Technip Energies to accelerate the global deployment of SAF

LanzaJet and Technip Energies announced an agreement to strengthen their exclusive collaboration to support the global deployment of the LanzaJet Alcohol-to-Jet Process technology.

Shipping rivals CMA CGM, Maersk to collaborate on green fuels

Container shipping giants CMA CGM and Maersk said they will cooperate in efforts to reduce emissions in the sector, including by supporting the use of methanol and aiding research into potential fuels like ammonia.

EU lawmakers to grill new climate chief on fossil fuels

Lawmakers in the European Parliament plan to grill Wopke Hoekstra, who is poised to be the EU's next climate change chief, on how he would phase out fossil fuel subsidies and set a new emissions target for 2040.

European Parliament supports RED III, bolstering EU's renewable energy goals

The European Parliament has overwhelmingly approved RED III, an updated Renewable Energy Directive, with 470 votes in favor and 120 against.

OCI Global doubles capacity as shipping industry seeks green methanol

OCI Global the world's biggest producer of green methanol, plans to double the production capacity at its Texas facility to 400,000 metric tons per year.

Indian minister walks back plans for higher taxes on diesel vehicles

India is not planning to levy any new tax on diesel vehicles two days after he warned automakers to reduce diesel production or face higher taxation.

Shipping group Maersk sets up green methanol company

Maersk has teamed up with its majority owner to form a new company to produce "green methanol" as it held a naming ceremony for the world's first container vessel powered by the low-carbon fuel.

OPEC says IEA estimate of peak fossil fuel demand by 2030 not 'fact-based'

The Organization of the Petroleum Exporting Countries said data-based forecasts do not support the International Energy Agency's projection that demand for fossil fuels would peak in 2030.