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Topics tagged with 'Energy'

More in: Energy
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Aquaflow signs 'significant' US clean-tech deal

31 Oct 2008

New Zealand biofuel pioneer Aquaflow has signed a deal with one of the world's biggest suppliers of oil processing technology.

Gas hydrates are a source of alternative energy.

Crown Minerals eyes rich gas hydrates deposits

31 Oct 2008

Crown Minerals believes that New Zealand could become a globally significant exploiter of gas hydrates - potentially a rich source of alternate energy.

NZ magnets might play part in Big Bang showcase experiment

31 Oct 2008

New Zealand magnetic technology is likely to be used in the CERN Large Hadron Collider - the device seeking to replicate what happened in the seconds following the creation of the planet.

Wayne Swan ... sustained growth, more jobs.

Households up for $1 a day under ETS, says Australian Treasury

31 Oct 2008

Emissions trading will cost Australian households a dollar a day when it starts in 2010, according to economic modeling released yesterday by the federal Treasury.

Lars Josefsson ... business is a solution to climate crisis.

World business leaders back UN climate change deal

31 Oct 2008

The United Nations' drive to clinch a new global framework to curb climate change at its Copenhagen summit next year has been endorsed by global business leaders.

Brits reluctant investors in climate change, says report

31 Oct 2008

British investors are still failing to grasp the significant opportunity offered by climate change, according to a report from wealth management specialist Holden & Partners.

Xie Zhenhua ... China not worse emitter  than the US

China issues post-Kyoto plans on climate change

31 Oct 2008

The clean development mechanism (CDM) should continue to be implemented even after 2012, when the Kyoto Protocol expires, says a white paper on China's policies on climate change.

CSIRO is using safflower as its first biofactory platform crop.

Australian scientists to help wean chemicals industry off crude oil

31 Oct 2008

CSIRO scientists have joined one of the world’s largest biotechnology consortia to help to develop crops which produce oils to be used by the chemicals industry as sustainable alternatives to those derived from the world’s non-renewable stocks of crude oil.

Lester R. Brown

FORUM: The flawed economics of nuclear power

31 Oct 2008

By Lester R. Brown, president, Earth Policy Institute, California. Over the past few years the nuclear industry has used concerns about climate change to argue for a nuclear revival. Although industry representatives may have convinced some political leaders that this is a good idea, there is little evidence of private capital investing in nuclear plants in competitive electricity markets.

Don Elder ... potential to eliminate diesel imports.

$1-a-litre southern diesel might be closer than we think

28 Oct 2008

Turning Otago Southland's lignite coal reserves into transport fuel might not be the pipe-dream that many people think - despite the Government playing-down the prospect.

Andrew Fenton ... fears switch to imported produce.

ETS will put us out of business, says horticulture chief

28 Oct 2008

The horticulture sector’s official body says that the ETS legislation was enacted in dangerous haste and will put many of its members out of business.

Officials working on plan if Bluff smelter is sold

28 Oct 2008

Officials from a swathe of government agencies are quietly drawing up a contingency plan for the Bluff aluminum smelter at Tiwai Point.

Charging station ... plans to cover Australia.

E-car entrepreneur eyes charging stations network for NZ

28 Oct 2008

An American company planning to blanket Australia with electric-car charging stations also has its eyes on a network for New Zealand.

Ed Miliband ... forced to accept changes.

Miliband bows to pressure on UK aviation and shipping emissions

28 Oct 2008

The UK government is to announce today that it will include rapidly growing aviation and shipping emissions in Britain's commitment to curb its carbon footprint by 80 per cent by 2050.

Climate change: A safe haven for worried investors?

28 Oct 2008

Climate change might be the safe haven investors are looking for in a volatile world, suggests a just-released report by Deutsche Asset Management, the asset management arm of Deutsche Bank.

Cities' leaders pledge action on climate change

28 Oct 2008

Leaders of 40 of the world's major cities have pledged action to fight climate change, taking measures ranging from promoting solar energy to tracking genetically modified food.

PaintPlus first small enterprise in NZ to be carbon neutral

28 Oct 2008

Paint manufacturer PaintPlus has become the first small enterprise in New Zealand to be carbon neutral, achieving government body LandCare Research’s CarboNZero certification.

Contact puts $75 million price tag on carbon commitment

24 Oct 2008

Contact Energy expects its carbon liability to cost it at least $75 million a year.

Bill Currie (left) and Wayne O'Hara assemble a Powerhouse Wind turbine.

Nats' research stance worries wind turbine pioneer

24 Oct 2008

A New Zealand wind-energy pioneer says that plans by a National government to cut the research and development tax credit would hamper his company’s plan to provide affordable wind turbines for householders.

National-Maori deal to put geothermal under Minerals Act?

24 Oct 2008

Close to the top of the agenda for a prospective prime minister John Key with any Maori Party allies is the business of transferring the nation’s geothermal resources from the jurisdiction of the Resource Management Act to Crown Minerals.

Britain to auction first carbon allowances next month

24 Oct 2008

The British government has announced it will auction its first batch of carbon credits under the Emissions Trading Scheme next month.

Japan set to introduce voluntary carbon market

24 Oct 2008

Japan will introduce a voluntary carbon market based on companies' pledged emissions cuts and hopes that thousands of firms will sign up to what could become a forerunner of a mandatory cap-and-trade project.

Ban Ki-moon ... wants a positive signal from Europe.

Settle it, and quickly, Ban tells Europe’s leaders

24 Oct 2008

United Nations’ Secretary-General Ban Ki-moon has stressed to leaders of the European Union the need to wrap up the bloc’s energy and climate package by the end of the year.

Nasdaq buy-out leads it into emissions trading market

24 Oct 2008

Exchange operator Nasdaq OMX Group has announced that it will use assets from a recent acquisition to move into energy and carbon derivatives.

Michael Lawley ... people who need energy the most are the ones who can least afford it.

Costs force Smart Drive innovator to look at US base

21 Oct 2008

Freight costs might force a New Plymouth-based renewable energy company to set up a base in the United States to manufacture and distribute its products.

David Parker ... happy to comply.

Parker: Nats won't, but we'll answer the questions

21 Oct 2008

Climate Change Minister David Parker says that he is willing to answer Carbon News’ questions on climate change policy – even if National isn’t.

Franceska Banga ... companies must be patient and realistic.

Backing is out there for 'right' companies, says investor

21 Oct 2008

Investment capital still exists for emerging companies with the right opportunity on offer.

Biodeisel demand fuels price of wood waste

21 Oct 2008

Solid Energy’s demand for high-grade biomass materials is forcing up prices for sawmill shavings and other prime process residue.

Worst polluters pick up $3b under Australian ETS, says report

21 Oct 2008

Free carbon permits for big polluters will cost Australian taxpayers $3 billion in the first year of the Rudd Government's carbon trading scheme, a new report says.

Use ETS money to fund green projects, says Britain

21 Oct 2008

Money raised from Europe’s Emissions Trading Scheme should be used to fund plans for carbon capture and storage demonstration projects, the British government will stress at an EU energy summit today.

Barack Obama ... will inherit huge problems as president.

Environment will wither whoever wins US election

21 Oct 2008

Eager anticipation of a new American president offering a dramatic departure on issues such as climate change is rapidly being tempered by the financial crisis that threatens to blight the next administration's agenda, says the Times Online.

Ed Miliband ... Government must play its part in the big shift.

New-man Miliband has blueprint for greener UK homes

21 Oct 2008

Britain’s new Secretary of State for Energy and Climate Change, Ed Miliband, is drawing up plans for a "big shift" in the way Britons heat and power their homes, the Independent on Sunday has revealed.

We’re facing climate change havoc, warns new report

21 Oct 2008

Climate change is occurring much faster than predicted by the scientific fraternity, and will wreak havoc unless action is taken on a global scale, says a new report by the World Wildlife Fund.

ASX to introduce emission futures next year

21 Oct 2008

The ASX plans to introduce futures contracts for coal, natural gas and renewable energy certificates.

Nick Smith ... silence.

Nats and climate change: The unanswered questions

17 Oct 2008

Carbon News’s questions for the National Party on key climate-change policy issues have met with silence over the past week.

Nat's insulation snub huge setback, says health expert

17 Oct 2008

National’s plan to scrap the $1 billion home insulation fund will be a huge setback to the health of New Zealanders and to moves to cut energy consumption, says a leading health researcher.

Clean-tech investors need to bring money and skills

17 Oct 2008

New Zealand’s clean-tech energy innovators need investors who can bring business skills as well as money to the table, says the organiser of a recent energy-sector investment forum.

Cook Strait cable in the spotlight

17 Oct 2008

State-sponsored and partially controlled technology is being mooted for the overloaded Cook Strait cable.

Kevin Rudd ... climate change won't go away.

Rudd firm: Financial crisis won't delay Australian carbon trade

17 Oct 2008

Australian Prime Minister Kevin Rudd has confirmed that plans to introduce a carbon emissions trading scheme by 2010 will not be delayed by the global financial crisis.

Nicolas Sarkozy ... financial crisis no excuse.

Troubled EU pledges to stick with climate change plans

17 Oct 2008

European Union leaders have reasserted their ambition to lead the world in fighting climate change despite the growing economic recession and mounting rifts among its 27 governments.

Finally, EU-Kyoto carbon trading link up and running

17 Oct 2008

Carbon emissions trading schemes in the European Union and under the Kyoto Protocol were connected yesterday after months of technical delays.

Climate change targets could cripple UK agriculture, say farmers

17 Oct 2008

New targets to cut Britain’s greenhouse emissions by at least 80 per cent will cripple agriculture, according to farmers.

It’s full speed ahead for America’s new energy economy

17 Oct 2008

As fossil fuel prices rise, as oil insecurity deepens, and as concerns about climate change cast a shadow over the future of coal, a new energy economy is emerging in the United States, says sustainability expert Lester Brown.

Survey shows energy market opportunities

17 Oct 2008

The latest annual survey of how New Zealanders will cut personal greenhouse gas emissions reveals there is a major market opportunity for those promoting energy efficient appliances.

Green Globe offers carbon 'health check'

17 Oct 2008

Green Globe Lite, a global on-line programme released on Wednesday, will provide tourism operators with a user-friendly, affordable tool to measure their business’s carbon footprint and environment performance, the company says.

Nick Smith ... vote Green or Labour.

Nats won't back billion-dollar warm homes plan, says Smith

14 Oct 2008

The National Party says anyone who supports the $1 billion Government plan to insulate New Zealand homes as part of a drive to greater energy efficiency should vote Labour or Green – despite the fact that a poll shows an overwhelming majority of National voters support the scheme.

Huntly power station.

Govt releases rules for emissions reporting

14 Oct 2008

The Government has released draft regulations for emissions reporting by most of the country’s biggest emitters of greenhouse gases.

Catherine Beard ... our carbon market too small.

No carbon cap leaves NZ wide open, says coalition

14 Oct 2008

Lack of a cap on carbon will result in New Zealand being held hostage to high and volatile prices coming out of the European Union, Greenhouse Policy Coalition executive director Catherine Beard.

Company clustering aims to cut energy and waste costs

14 Oct 2008

Energy-intensive industries can cut greenhouse-gas emissions and energy costs by pooling resources on projects like bio-energy plants using waste materials, says the Clean Energy Centre.

We're wasting our wood resource, says biofuel innovator

14 Oct 2008

A world-leading New Zealand innovator says he despairs over the country's inertia when it comes to using its abundant wood waste resource.

Adaptation
More >

Fifty years of observations, no reversal of glacier climate damage

31 Mar 2026

Media release: Earth Sciences New Zealand | Fifty years on from the first aerial survey of our Southern Alps glaciers, late snow and variable summer weather delivered a temporary reprieve from rapid ice loss, says Earth Sciences New Zealand.

Agriculture
More >

Climate experts say spring is coming earlier. How will that affect agriculture and ecosystems?

Today 10:45am

An earlier spring affects when migratory birds arrive, leaves emerge, and fruit ripens — among plants and animals that determine ecosystem health.

Airlines
More >

$30m airline fund risks ‘burning public money’ without lasting benefit – expert

20 Mar 2026

By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.

Aviation
More >

Signs of jet fuel hoarding emerge in Asia on Iran oil shock

26 Mar 2026

Signs are growing that Asian countries are hoarding jet fuel after the Iran war sent oil prices surging, reflecting growing strain on the aviation industry.

Biodiversity
More >

New protections for NZ migratory species under UN convention

Thu 2 Apr 2026

By Shannon Morris-Williams | New international protections for migratory species, including several found in New Zealand, are a positive step – but global protections won’t halt the decline of migratory species on their own, experts say.

Biofuels
More >

Air NZ joins Marsden Point SAF project

3 Mar 2026

By Pattrick Smellie | Air New Zealand has quietly added its name to a consortium exploring the viability of green hydrogen production for sustainable aviation fuel at Channel Infrastructure’s Marsden Point energy hub.

Carbon Credits
More >

Supply-side pressures and political uncertainty ahead for carbon market

Today 10:45am

By Kristen Green | ANALYSIS: With failed auctions, a surge of new forestry registrations, and an election a few months away, the NZ ETS in 2026 will be subject to a mix of supply-side pressures and political uncertainty.

Carbon News world
More >

Fast-track approved project could deliver NZ’s largest wind farm

Today 10:45am

Media release: New Zealand Government |Fast-track approval has been granted for New Zealand’s largest wind farm project.

Carbon prices
More >

Economic contraction will impact carbon market

Wed 1 Apr 2026

By Liz Kivi | While higher fossil fuel prices strengthen the long-run economics of decarbonisation, the current fuel crisis won’t inspire near-term confidence in the carbon market, according to Lizzie Chambers of Carbon Match.

Coal
More >

Asia ramps up use of dirty fuels to cover energy shortfall triggered by Iran war

Thu 2 Apr 2026

South Korea will delay the shutdown of coal-fired plants, while the Philippines also plans to boost the output of its coal-burning plants

Comment
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Death toll in Afghanistan flooding increases to 28, authorities say

Wed 1 Apr 2026

Afghan authorities said Monday that the death toll from severe weather that has struck swathes of the country over the past four days has increased to 28, with 49 people injured. Dozens of people have died from extreme weather in the country so far this year.

Construction
More >

Sustainable retail-office project breaks ground under new Green Star framework

19 Feb 2026

Construction is set to begin on a new retail-office development in central Auckland, which is targeting a 40% reduction in embodied carbon and 25% lower energy.

COP
More >
Resources Minister Shane Jones and New Zealand First deputy leader Shane Jones

Opposition attacks Govt over fossil fuel phaseout backdown

2 Feb 2026

By Liz Kivi | Revelations that Resources Minister Shane Jones ruled out New Zealand signing up to a 'road map' away from fossil fuels at last year’s global climate summit show the National Party’s minor coalition partners’ undue influence over the Government, according to Labour leader Chris Hipkins.

Emissions trading
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Carbon price: Ups and downs amid geopolitical uncertainty

26 Mar 2026

By Liz Kivi | After ups and downs in recent weeks, the carbon market again broke above the $40 mark this week, with questions around how the Middle East conflict will play out weighing on market confidence.

Extinction
More >
WWF-New Zealand chief executive Kayla Kingdon-Bebb

Environmental groups call for ETS reform

20 Feb 2026

Several environmental organisations are calling on political parties to make climate and biodiversity central to the 2026 election campaign, with reforming the Emissions Trading Scheme seen as a key priority.

Extreme weather
More >

A matter of strategy

Today 10:45am

COMMENT: Even on the brink of a global commodities crisis, the possibilities for climate action aren't hopelessly foreclosed. Strategy can turn our fortunes around, writes David Hall.

Fishing
More >

Transport dominates NZ’s rising consumer emissions

10 Dec 2025

By Shannon Morris-Williams | Transport pollution was the biggest contributor to an increase in New Zealand’s consumption-based emissions in 2023, with emissions from household travel up 12%, and consumption-based emissions totalling 58.3 million tonnes – up 1.6% from the previous year.

Forestry
More >

Wellington planting nears one million trees

30 Mar 2026

By Shannon Morris-Williams | Greater Wellington’s parks restoration programme will hit one million native trees this year, with the first dams to rewet peat wetlands in Queen Elizabeth Park now completed after a years-long effort to bring these ecosystems – and their carbon sequestering superpowers – back to life.

Gas
More >
Glenbrook Steel Mill was a beneficiary of the GIDI fund

Labour mulls GIDI 2.0 as factory closures mount

Wed 1 Apr 2026

By Pattrick Smellie | Factory closures across the country could have been prevented if the last Labour-led government’s GIDI fund to assist companies with the cost of electrification hadn't been scrapped, Labour energy spokesperson, Megan Woods, says.

Geothermal
More >

RMA to speed up fossil fuel consents

18 Aug 2025

By Liz Kivi | An energy lobby group has welcomed a last-minute amendment to the RMA that puts fossil fuels on the same footing as renewables, however a sustainable energy expert says the move “beggars belief.”

Green finance
More >

FMA to ease conditions for green bond issues

31 Mar 2026

By Pattrick Smellie | Green, social and sustainability-linked bonds will face lower disclosure requirements and regulatory costs under a class exemption newly granted by the Financial Markets Authority.

Greenwashing
More >
Greenpeace spokesperson Sinéad Deighton-O’Flynn

Fonterra admits ‘100% grass-fed’ claim breached law in greenwashing row

Thu 2 Apr 2026

By Shannon Morris-Williams | Fonterra has admitted its “100% New Zealand grass-fed” claims on Anchor butter were misleading and breached the law, settling a case brought by Greenpeace Aotearoa over packaging used between December 2023 and April 2025.

Hydro power
More >
Climate Change and Energy Minister Simon Watts

Govt missing opportunity to slash electricity prices, says expert

11 Feb 2026

By Liz Kivi | The Government’s fixation on eliminating the "dry-year risk margin" as a lever to reduce costs misses a much bigger opportunity to lower electricity prices, according to Christina Hood, head of Compass Climate.

Hydrogen
More >
Castlepoint lighthouse, Wairarapa

NZ prepares to join ‘gold rush’ for white hydrogen

25 Mar 2026

By Pattrick Smellie | New Zealand may be close to commercialising the capture and use of naturally occurring ‘white’ hydrogen, with investment plans for developments in the Wairarapa region picking up pace in response to spiralling oil prices.

Insurance
More >

Media round-up

20 Mar 2026

In our round-up of climate coverage in local media: Crown lawyers agree High Court could quash emissions plan if found unlawful; NZ is locked in 'disaster inertia'; and climate change is notably absent from new development laws.

Kyoto
More >
Waitangi Treaty Grounds

Climate law change spanner in the works for Waitangi Tribunal Inquiry

19 Dec 2025

By Liz Kivi | The Government’s controversial changes to New Zealand’s legal framework for climate policy have thrown a spanner in the works for a long-running Waitangi Tribunal Inquiry into climate change.

Litigation
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Lawyers complain to ombudsman over Govt failure to release LNG modelling

Wed 1 Apr 2026

By Liz Kivi | Lawyers for Climate Action has made a formal complaint to the Ombudsman over the Government’s failure to release information about its controversial decision to build a LNG import terminal.

Low carbon
More >

Cleantech expo coming to Auckland

26 Mar 2026

New Zealand’s first national cleantech expo is set to bring together 30 innovators, in what organisers say is the country’s fastest growing area in the tech sector.

Mining
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NZ First targets regional share of mining royalties

30 Mar 2026

By Shannon Morris-Williams | New Zealand First has proposed returning 50% of mining royalties to regional communities, saying that too much of the value from resource extraction is currently flowing to Wellington.

NZ ETS
More >

Tuvalu prioritises climate change in agreement with NZ

27 Mar 2026

By Liz Kivi | New Zealand has pledged an additional $20 million to climate resilience work in Tuvalu, more than doubling Aotearoa's aid to the tiny island nation in the current financial year.

NZ Market Report
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NZ's latest climate target 'weak' – Climate Action Tracker

24 Jun 2025

By Shannon Morris-Williams | New Zealand's new international climate target to 2035 is weak, and could even allow for higher emissions than the 2030 target, according to a global scientific project that tracks government climate action.

Oceans
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Worst in a generation: Environmentalists slam fisheries reform bill

25 Mar 2026

Media release: Greenpeace | The Fisheries Amendment Bill, which will likely have its first reading in parliament this week, is being labelled the worst fisheries policy in a generation by environmental groups who are calling for it to be rejected to protect ocean health.

Planetary boundaries
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Kiwis overly optimistic about state of environment

27 Feb 2026

By Shannon Morris-Williams | New research suggests many New Zealanders believe the environment is in better shape than it really is, with public perceptions often out of step with scientific evidence.

Plastics
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‘They pushed so many lies about recycling’: the fight to stop big oil pumping billions more into plastics

24 Feb 2026

Plastic production has doubled over the last 20 years – and will likely double again. For author Beth Gardiner, metal water bottles and canvas tote bags are not the solution. So what is?

Policy development
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John Carnegie, chief executive of lobby group Energy Resources Aotearoa, led the 'fireside chat' with then- Energy Minister Simon Watts at Downstream.

Watts’s last stand: Simeon Brown takes energy portfolio

Thu 2 Apr 2026

By Pattrick Smellie | Energy Minister Simon Watts has lost the portfolio to Cabinet fixer Simeon Brown in a reshuffle announced by Prime Minister Christopher Luxon this morning.

Protest
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Activists occupy controversial gold drilling site

25 Mar 2026

By Max Frethey, Local Democracy Reporter | Opposition in Golden Bay to a controversial gold mine at Sams Creek has flared up over the weekend after several activists briefly occupied a drilling site.

Rare earth minerals
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China has a new competitor? Kazakhstan reveals huge rare Earth deposit that could power the next tech boom

25 Feb 2026

China’s grip on rare earths might finally see some competition, and the world is already taking notice.

Renewable energy
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Media round-up

Thu 2 Apr 2026

In our round-up of climate coverage in local media: The widening political gap is deepening cracks in NZ's climate consensus, Christchurch recorded more than 30,000 extra cycling trips over two weeks, and is the energy crisis a renewable inflection point?

Science
More >

Sci-tech prioritisation report is a joke that could cost NZ dearly, says NZ Association of Scientists

Thu 2 Apr 2026

Media release: New Zealand Association of Scientists | The Prioritisation Report released yesterday by the Prime Minister’s Science Innovation and Technology Council makes a poor case for further cuts and changes to our research system.

Tax
More >
Associate Professor Ru Hong

Carbon trading schemes cut more emissions than carbon taxes, according to global study

20 Mar 2026

By Shannon Morris-Williams | Carbon trading schemes are more effective than carbon taxes at reducing emissions, cutting fossil fuel use, and accelerating the shift to renewable energy, a global study has found.

Technology
More >

AI’s arrival complicates Big Tech climate goals, and some worry it’s locking in more fossil fuels

Thu 2 Apr 2026

Six years ago, Google was confident that by 2030 it would power all operations with electricity generated from clean sources, including wind and solar power, and remove as much pollution as it produced. Today it calls those goals a “moonshot.” Microsoft says it’s still aiming to remove more carbon than it creates by 2030 but now describes the effort as “a marathon, not a sprint.”

The House
More >

Pacific climate response in question as NZ finance remains unclear

19 Dec 2025

By Shannon Morris-Williams | With New Zealand's $1.3 billion international climate finance commitment set to end with no clarity on what follows, the Auditor-General says oversight of that funding remains patchy and long-term outcomes are unclear.

Transport
More >

Fuel crisis powers surge in EV interest in Asia-Pacific region

Today 10:45am

Motorists across the Asia-Pacific region are switching to electric vehicles at a rapid pace, as rising fuel costs due to the Middle East war force consumers and companies to reconsider their reliance on petrol and diesel vehicles.

Waste
More >

Infrastructure plan calls for ‘predictable approach’ to electrifying economy

18 Feb 2026

Aotearoa’s first National Infrastructure Plan, introduced to Parliament yesterday, calls for "a predictable approach to electrifying the economy" as one of ten priorities for the next decade.

Water
More >

Dairy farmers' lack of climate action 'even bleaker' than water inaction – Upton

Wed 1 Apr 2026

By Shannon Morris-Williams | Government projections for cutting agricultural emissions are being undermined by low farmer uptake, with the Parliamentary Commissioner for the Environment warning the country is relying on “heroic” assumptions to meet its methane targets.

Wildfires
More >

AI tool predicts wildfire danger faster than current systems

26 Mar 2026

Media release | A wildfire forecasting system powered by artificial intelligence could help detect dangerous fire conditions earlier and reduce the cost of wildfire response, according to new research from Te Whare Wānanga o Waitaha | University of Canterbury.

Wind energy
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Record wind output helps shield the UK from worst of Iran war fallout

Wed 1 Apr 2026

Record output from wind farms has helped boost total clean power supplies in the United Kingdom to new highs so far in 2026, and allowed power firms to pare use of fossil fuels to multi-year lows.

More in: Energy
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