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Topics tagged with 'Energy'

More in: Energy
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Kevin Rudd ... economic impact uncertainty may constrain ETs plans?

ETS impact modelling problems in Australia

3 Jun 2008

Economists in Australia are struggling to measure the impact on the economy of a proposed 90% emissions cut by 2050.

Red Stag Timber's Waipa mill at Rotorua ... award-winning co-generation from wood waste

Red Stag co-generation plant puts $1m a year on bottomline

3 Jun 2008

Red Stag Timber of Rotorua, operator of the Waipa Sawmill, has emerged as the poster child of the Energy Efficiency and Conservation Authority’s campaign to use renewable energy from wood fuel.

US$35 per ton will prompt power company investment and consumer changes

US study: US$35 per ton carbon price will cut emissions 10%

3 Jun 2008

A new analysis by researchers at Carnegie Mellon University’s Tepper School of Business shows possible positive short-term effects of establishing a mandatory price for CO2 emissions inthe United States.

Climate friendly cars ... older, educated, women more likely to buy

When it comes to buying climate friendly vehicles 11% will part with the cash

3 Jun 2008

WESTLAKE VILLAGE, Calif. — Although many new-vehicle buyers may want to purchase an environmentally friendly vehicle, only 11 percent are “very willing” to pay more to do so.

US wineries go for 100% solar power, lightweight bottles

3 Jun 2008

Elbin Blatz, a winery in California’s Napa Valley region, has installed a first-of-its-kind solar power array and the latest example of how Northern California’s wine industry is using solar power.

LA traffic ... 4.3% fwere iles travelled in the USA in March

Americans cut car use by equivalent of 11 billion miles a year

3 Jun 2008

Americans drove their cars 4.3% fewer miles in March 2008 than they did a year earlier, according to the Federal Highway Administration.

Gas station near LA .. US$4 a gallon starting to affect petrol use

US drivers shudder at $4 per gallon

3 Jun 2008

It appears the specter of US$4/gallon (about $1 per litre NZ) keeps the key out of the ignition in the Unired States.

FutureGen.. huge clean coal opportunity now at risk

Public investment in major clear coal plant project at risk

3 Jun 2008

The public fnding plug is about to be pulled on a U$1. billion cler claol energy project in the Unired States.

Transport ... 80% higher emissions by 2030 and about to be included in next global deal

Transport sector advised to help shape next world emissions deal

3 Jun 2008

Leipzig.-Speaking at the International Transport Forum in Leipzig, Germany UNFCCC Executive Secretary Yvo de Boer called on key stakeholders in the transport sector to help shape the UN climate change deal that will be clinched in Copenhagen at the end of 2009.

FORUM: Dog and Lemon man says electric car owners exposed to power shortage issues

3 Jun 2008

Clive Matthew-Wilson, founder of the Dog and Lemon Guide, responds to a Carbon News story saying he is inventing a long term power shortage in order to justify an argument casting doubt on a future for electric vehicles..

Holcim cement ... may need to explain away EU study saying ETS fears "exaggerated"

EU experience shows cement industry's ETS worries 'exaggerated'

30 May 2008

Cement firms’ worries about international competitiveness effects and leakage, caused by emissions trading, may be exaggerated, according to a new analysis by carbon market experts.

Mitsubishi's i-car .. electric version available here possibly next year

Electric car sceptic invents long-term power shortage

30 May 2008

The Dog and Lemon Guide man says the viability of electric cars in New Zealand is doubtful because of electricity shortages.

The Ensco 56 rig completes its work off the Taranaki coast, drilling three gas wells

New Zealand's largest gas field completed

30 May 2008

The Pohokura offshore gas field development in Taranaki has been completed.

Open hydro turbine Crest plans to use at Kaipara harbour ... 200 x 1MW turbines planned

Why Parker is enthisiastic about marine energy

30 May 2008

Average wave power can exceed 100 kilowatts per metre of wave crest length, on the southwest-facing coasts of New Zealand.

Kaipara Harbour .. where 200 turbines could go

Govt funding for Kaipara harbour tidal energy devices

30 May 2008

A project to generate electricity from the tides in Kaipara Harbour is to receive a grant of $1.85 million from the Marine Energy Deployment Fund.

Lincoln University .. research still showing New Zealand food highly emission competitive

New Zealand food imports still the greenest option for UK

30 May 2008

By Angela van de Weerdhof. - New Zealand food producers should fare well when the European Union rings in carbon labeling on all imports.

How equity analysts link climate change and company valuation

30 May 2008

Equity analysts divide into three distinct groups based on their climate change perspective, according to a new report from research firm Verdantix.

Letter to the Editor: Wairarapa councils' backdoor windfarm ban irks

30 May 2008

This letter from a Wairarapa lawyer regarding yesterday's Carbon News story revealing a troika of councils trying to ban windfarm development through plan changes.

FORUM: Climate change sceptics call Government scientists "propagandists"

30 May 2008

NIWA scientists have become political propagandists, according to New Zeaand climate change sceptics.

EMA: Urgent power savings required to avert power cuts

30 May 2008

Blackouts in the North Island are very possible, the Employers & Manufacturers Association (Northern) says, and probable in the South Island if huge power savings are not made immediately.

Aorangi mountains, Wairarapa ... 10 metre height plan a backdoor ban on wind energy

Meridian fights local body troika's backdoor bid to ban windfarms

29 May 2008

Meridian Energy Ltd has launched an appeal against what it sees as a crimp on renewable energy zoning by the Masterton, Carterton, and South Wairarapa District Councils.

Brtish Gas wants NZ as green test bench

29 May 2008

Further evidence is emerging that Contact Energy is a prime target in the acquisition by British Gas of Australia’s Origin Energy, parent of Contact.

A way to save money? Just how will petrol prices push down car use, increase public transport demand?

New petrol price impact research under way

29 May 2008

New Government research is under way on the impact of higher petrol prices on vehicle use

Tidal power .. a kinetic "mantis" idea from the US

Recipients of millions in marine energy grants announced today

29 May 2008

Who gets the first Government grants to encourage marine energy development will be announced today.

Contact cranks part of New Plymouth plant back to life

29 May 2008

Contact Energy has announced that it will recommission part of its New Plymouth power station in response to anticipated winter electricity supply worries.

Carbon card ... one more to add to the line-up

True cost of personal carbon card plan revealed

29 May 2008

New reports in the UK say an MPs’ idea to issue every citizen there with a personal carbon card will cost up to NZ$6 billion to set up, and the same amount to run each year.

Comms company looks to install solar panels on customers' roofs

29 May 2008

Cox Communications has announced initiatives to cut energy costs that include adding solar electricity to its headquarters and communications system and increasing fuel efficiency in its fleet vehicles.

31 projects get $950,000 in smart innovation cash

29 May 2008

Government Spokesperson on Energy Efficiency and Conservation, Jeanette Fitzsimons, has announced that 31 projects with a combined value of $950,000 have been offered funding under the second round of a government fund to encourage smart innovations in solar water heating and heat pump water heating technologies.

Brownlee holds Parker to no power price rise promise

29 May 2008

"Householders can breathe a sigh of relief - Energy Minister David Parker is promising that domestic electricity prices will not rise because of the looming winter power crisis," says National Party Energy spokesman Gerry Brownlee.

Jeanette Fitzsimmons ... agricultural emissions must be addressed immediately

EXCLUSIVE: Greens push for early ETS entry for agriculture

28 May 2008

The Green Party is looking to force the Government to bring agriculture into the emissions trading scheme early.

Windflow falls victim to noise issue

28 May 2008

Windflow Technology of Christchurch is the pre-eminent alternate energy production engineer in New Zealand. Yet its power generation wind turbines are being rejected on the environmental grounds that they make too much noise.

Lieberman ... carrot and stick bills now before

New US climate change bill will subsidise low-emission energy

28 May 2008

A newer version of the McCain-Lieberman Climate Change Stewardship Bill has been introduced which, when combined with an ETS bill, will incentivise new low-emission energy projects..

European Parliament .. to now debate tougher airline emissions regime

EU Parliament committee votes overnight for tougher aviation ETS regime

28 May 2008

The European Parliament's Enevironment Committee early this morning (NZ time) voted for a tougher emissions regime for airlines.

Two news wells for Taranaki's Cheal oil field

28 May 2008

Austral Pacific Energy will drill two new wells (A6 and A7) in its onshore Taranaki Cheal oil field in Stratford, New Zealand.

Electricity bosses given their orders: 90% renewables in 17 years

Electricity bosses given new policy orders

28 May 2008

The Government has issued new policy instructions to the Electricity Commission.

Trevor Mallard ... clarity needed around grid planning and protection

Update on proposed national grid regulations

28 May 2008

Two proposed national environmental standards aimed at improving the management and security of the national grid will be reconsidered and reworked.

Parker... stocking with it doesn't win you a lot of friends..

Parker's full speech on climate change effects and impacts assessment

28 May 2008

Here is the full speech of CLimate Change Issues Minister David Parker at the launch of new reports into the impacts of climate change.

Gorbachev: "we all are in the same boat"

10 minutes of Glasnost with Gorbachev

28 May 2008

Mikhail Gorbachev was in the European Parliament yesterday for the Energy Globe Awards where he picked up one for lifetime achievement.

Statesmen and stars feature at EU clean energy awards gala

28 May 2008

A mixture of statesmen, actors and singers joined MEPs and a large audience for the annual Energy Globe Awards in the European Parliament

Australians shift on free emissions

27 May 2008

The New Zealand Government is continuing to rule out free carbon credits to most sectors of the economy, despite a shift in thinking in Australia on the issue.

Will we really see thousands of electric cars plugged in here in just seven years?

Technical and supply tangles tripping up electric car plans

27 May 2008

Technical and supply issues are standing in the way of a Government target to have hundreds of thousands of electric vehicles in use here in the next seven years.

Metro bus in Christchurch ... can cope "over time" with people fleeing higher petrol prices

Public transport won’t cope with major fuel-price driven switch from cars

27 May 2008

If 23% of motorists are true to their word and start making significant cuts in fuel use now petrol has hit $2 per litre, they may not find a seat on public transport.

MAD ... now voluntary offets auctioning on Trade Me for households

No early mad rush for Energy Mad's household emission credits

27 May 2008

The first ever online auction of voluntary carbon credits created by demand side energy efficiency projects in New Zealand is off to a slow start.

Powered up solar house in Bayview USA .. pay back period here too long

Solar hot-water payback too slow

27 May 2008

New Zealanders are resisting switching to solar hot-water heating despite government grants because the payback period is too long -up to 15 years for some households.

Chopping down more trees good for environment

Kiwis embrace the chop-down-trees environmental message

27 May 2008

New Zealanders think using more wood is good for the environment.

Offshore windfarm, Thames estuary .. how many million new green jobs are coming?

Low-carbon economy – millions of new jobs?

27 May 2008

Ethical Corporation- Europe's leaders say a low-carbon economy will create millions of new jobs.

Nuclear power ... 53% in US support more nuclear to fight global warming

Deloitte: most will accept higher power bills to battle global warming

27 May 2008

A majority of Americans say they are willing to pay slightly higher electricity bills to help curb greenhouse gas emissions from power plants, according to a survey released by the consulting firm Deloitte.

MAF: wood supply to jump about 3 million cu m a year

27 May 2008

The Ministry of Agriculture and Forestry (MAF) has released new wood availability forecasts for the Central North Island that indicate a steady increase in supply for the region over the next 12 years.

Home solar heating ... tangled consent process and high costs may still deter homeowners

Red tape consent process may still sink solar hot water incentive system

26 May 2008

By Angela van de Weerdhof .- A bureaucratic resource consent process may still stifle a new bid to have home owners take up grants for solar water heating.

Leadership forum chair Stephen Tindall

Forum heads to the select committee

26 May 2008

A high-powered group of business and community leaders who back an emissions trading scheme will appear before the finance and expenditure select committee today to answer questions from MPs.

Adaptation
More >
Riwaka Sandy Bay Road during recent flooding

'Back-to-basics' approach for councils ignores climate risk

Today 10:45am

By Shannon Morris-Williams | While ACT is standing local government candidates to oppose councils' attempts to manage emissions and ministers are calling for local authorities to 'get back to basics' - or even suggesting scrapping regional councils altogether - one expert says this narrative is putting communities at risk in the face of climate change.

Agriculture
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Extreme heatwaves may cause global decline in dairy production, scientists warn

Tue 8 Jul 2025

Israel-based study finds that by 2050 average daily milk production could be reduced by 4% as a result of worsening heat stress.

Airlines
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NZ Post drops science-based climate target

Tue 8 Jul 2025

By Liz Kivi | NZ Post has dropped its science-based emissions reduction target of 42% by 2030 with no plans to replace it.

Aviation
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Nations agree to tax premium flyers, private jets

2 Jul 2025

A group of countries, including France, Kenya, Spain and Barbados, pledged on June 30 to tax premium-class flying and private jets in a bid to raise funds for climate action and sustainable development.

Biodiversity
More >

Tipping points: Window to avoid irreversible climate impacts is ‘rapidly closing’

Today 10:45am

In the midst of a record-breaking heatwave in Europe, the UK city of Exeter recently played host to the second international conference on “tipping points”.

Biofuels
More >

Sustainability claims questioned as renewable diesel surges

14 May 2025

Critics are sceptical about industry claims of renewable diesel life-cycle greenhouse gas emission cuts and warn renewable diesel carbon releases will surge if sourcing is scaled up, triggering tropical deforestation as producers convert forests to energy crops, such as oil palm and soy.

Carbon Credits
More >

Emissions Trading Scheme needs deep reform - commissioner

Today 10:45am

The government’s attempt to limit forestry conversions on rural land is unlikely to lead to meaningful change, according to the Parliamentary Commissioner for the Environment.

Carbon News world
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How Mamdani connects climate policy to his affordability agenda as he runs for New York mayor

Today 10:45am

Many of the democratic socialist’s policies aim to slash carbon emissions and boost environmental justice.

Carbon prices
More >

Bearish sentiment lingers for carbon market

Today 10:45am

By Liz Kivi | The compliance carbon market could be set for a gradual upward trajectory, however unsold volume from the quarterly Emissions Trading Scheme auctions continues to act as ‘a price ceiling,’ according to an expert.

Coal
More >
Megan Woods

Climate backtracking could impact trade relationships: Labour

Wed 9 Jul 2025

By Liz Kivi | Labour Party Energy spokesperson Megan Woods says the government needs to be upfront about how its energy policies will impact trade relationships, following revelations New Zealand was warned by other governments that backtracking on climate policies jeopardised its membership of an international alliance.

Comment
More >
Credit: International Institute for Sustainable Development

A credible UN carbon market needs rules that count – we’ve just set them

11 Jun 2025

COMMENT: The broad standards for a more ambitious market are now in place. But without a steady flow of investment, this progress will remain largely on paper.

Construction
More >

Common low-grade clay strengthens low-carbon concrete

5 Jun 2025

Media release | Engineers at RMIT University have converted low-grade clay into a high-performance cement supplement, opening a potential new market in sustainable construction materials.

COP
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Cuts to climate finance put exports in jeopardy: Lawyers

23 May 2025

By Liz Kivi | The government has halved international climate finance, a move aid organisations describe as “devastating,” and which lawyers say could put our Paris Agreement commitments and export market access at risk.

Emissions trading
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Carbon price grinds higher - where to from now?

30 Jun 2025

By Liz Kivi | The carbon price has continued to grind slowly higher since this month’s failed auction, with prices at their highest since March, although still languishing well below this year’s auction floor price.

Extinction
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Key orange roughy population on verge of collapse, govt considers closure

Wed 9 Jul 2025

Media release - Deep Sea Conservation Coalition | New data reveals that New Zealand’s main orange roughy fishery, accounting for half of the country’s total catch, is on the brink of collapse, with one model showing it may have reached that point already, and the government’s considering closing it.

Extreme weather
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Urbanization is intensifying India’s summer heat and rain

Today 10:45am

When 28-year-old Sonelal Prasad left home on the morning of June 16 for his job at a construction site in Mumbai—the financial capital of India—he didn’t know he’d be digging his own grave.

Fishing
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Latest trawl bycatch numbers 'a grim wake-up call'

24 Jun 2025

Media release – Greenpeace | The latest fisheries bycatch data paints a grim picture, with trawlers hauling up thousands of kilograms of coral and killing hundreds of fur seals and seabirds over a 12 month period.

Forestry
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EU countries seek more cuts to deforestation rules

Wed 9 Jul 2025

From December, the world-first deforestation law will require operators placing goods including soy, beef and palm oil, onto the EU market to provide proof their products did not cause deforestation.

Gas
More >

NZ quits Beyond Oil and Gas Alliance

25 Jun 2025

By Liz Kivi | The New Zealand government has quietly withdrawn from an ambitious coalition to phase out fossil fuels, with a $200 million publicly-funded subsidy for new gas fields the latest policy in conflict with that goal.

Geothermal
More >
Energy Minister Simon Watts addressing the CEP conference in Auckland this week

Watts talks big on energy reform, but barriers persist

29 May 2025

By Shannon Morris-Williams | Energy and Climate Change minister Simon Watts says the government is doubling down on efforts to boost renewable energy generation, streamline regulation, and drive private sector investment as New Zealand faces mounting energy security and affordability challenges.

Green finance
More >

Net-zero much cheaper than thought for UK – and unchecked global warming far more costly

Wed 9 Jul 2025

Reaching net-zero will be much cheaper for the UK government than previously expected – and the economic damages of unmitigated climate change far more severe.

Greenhouse Effect
More >

The struggle for control of the Arctic is accelerating - and it's riskier than ever

Today 10:45am

As the battle for one of the world’s coldest places heats up, an increasingly fragile security balance may be breaking down, leading to an escalating arms race.

Greenwashing
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Can you trust climate information? How and why powerful players are misleading the public

Today 10:45am

The climate crisis is more urgent than ever, so why is there a disconnect between stated policies and actual practices?

Hydro power
More >

Methanex closure comes early this year

14 May 2025

The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.

Hydrogen
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Electric firebricks: decarbonising high-temperature industrial heat

13 Jun 2025

By Ian Mason | A new technology could offer a more cost-effective solution than hydrogen to decarbonise one ‘hard-to-abate’ sector of New Zealand’s economy, as well as having ample potential for demand response as the electricity grid becomes more renewable.

Insurance
More >

‘Significant gaps’ in proposed approach to climate adaptation

Thu 10 Jul 2025

A new report into climate adaptation doesn’t suggest how development in high-risk areas should be avoided - an issue that needs urgent action with thousands of homes still being built in hazardous areas, according to the Environmental Defence Society.

Kyoto
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Will NZ walk away from the Paris Agreement?

20 Dec 2024

By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.

Litigation
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In Latin America, the energy transition stirs a rise in human rights lawsuits

Tue 8 Jul 2025

A new report shows that more than half of the 95 energy transition-related lawsuits recorded globally since 2009 took place in Latin America and the Caribbean.

Low carbon
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Clear-sighted view to trade-offs crucial to reimagining our relationship with the land

Mon 7 Jul 2025

By Nick Swallow | COMMENT: New Zealand could see a 70% drop in the value of dairy land if we pursue our emissions targets for agriculture, according to a new report.

Mining
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Unlocking economic growth on conservation land

Wed 9 Jul 2025

Media release - New Zealand Government | A targeted effort to reduce the backlog of applications for use of conservation land is accelerating economic growth without compromising conservation values, says Conservation Minister Tama Potaka.

NZ ETS
More >

Carbon credits stockpile down: latest figures

Mon 7 Jul 2025

By Liz Kivi | The number of NZUs held in private accounts, often called "the stockpile", dropped 11 million tonnes in the past year, according to the latest figures.

NZ Market Report
More >

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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The change in Southern Ocean structure can drive a release in carbon to the atmosphere

Change in Southern Ocean structure could have climate implications

Mon 7 Jul 2025

Media release – Instituto de Ciencias del Mar (ICM-CSIC) | Satellite data processing algorithms developed by ICM-CSIC have played a crucial role in detecting this significant shift in the Southern Hemisphere, which could accelerate the effects of climate change.

Paris Agreement
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Mayor Nick Smith and chief executive Nigel Philpott had reservations about the target.

Nelson adopts ambitious target to slash emissions

Tue 8 Jul 2025

By Max Frethey, Local Democracy Reporter | After some of the most passionate debate seen in the chamber this triennium, Nelson City Council has adopted the more ambitious of two community greenhouse gas targets.

Planetary boundaries
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Former Climate Commission Chair Dr Rod Carr

Markets aren't going to save us – Carr

Wed 9 Jul 2025

By Shannon Morris-Williams | Consumerism is reaching its ecological and economic limits, and only systemic change - not market tweaks - can steer us away from climate catastrophe, according to former Climate Change Commission chair Rod Carr.

Plastics
More >
The microplastics found on a Waikato beach

Microplastics found in sand on dozens of NZ beaches

4 Jun 2025

Scientists have extracted microplastics from the sand of 22 beaches from the Far North to Banks Peninsula.

Politics
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North Canterbury locals get say over huge solar farm

Thu 10 Jul 2025

By David Hill, Local Democracy Reporter | North Canterbury residents are being encouraged to have their say on a proposed 180 hectare solar farm on a property near their village.

Protest
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UK: Thousands lobby MPs to demand climate action

Thu 10 Jul 2025

More than 5,000 people from across the UK arrived in Westminster on Wednesday to meet their MPs and demand urgent climate action to protect their communities.

Rare earth minerals
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New Zealand Minerals Council chief executive Josie Vidal

Straterra has a new name: the New Zealand Minerals Council

16 Apr 2025

Media release | Straterra has been renamed as New Zealand Minerals Council, says chief executive Josie Vidal.

Renewable energy
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Clean energy's political test looms now that Trump bill is law

Thu 10 Jul 2025

The US 2026 midterms will test clean energy's uncertain political salience as advocates attempt to tether it to economic matters that voters prioritise.

Science
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Flaring burns off excess methane in oil and gas fields, preventing the potent greenhouse gas from accumulating.

MethaneSAT loss ‘a tragedy’

3 Jul 2025

By Liz Kivi | The disappearance of a methane-tracking satellite, which was backed by $29 million of government funding, is a tragic loss according to one astrophysicist, who is calling for a review to understand how New Zealand blew past multiple red flags about its operation.

Tax
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Green budget 'ludicrous la-la land' – govt

15 May 2025

Prime Minister Christopher Luxon said the budget was "clown show economics" and an "absolute circus".

Technology
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Basis co-founders Danny Purcell and Julyan Collett

Kiwi ‘smart panel’ startup aiming to reduce energy bills and emissions

4 Jul 2025

NZ start-up Basis this week launched an ‘intelligent’ panel to replace traditional electrical switchboards in homes, which it says can save the average home $1,200 NZD annually on bills and lead to lower emissions.

The House
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United Nations carbon market rules agreed but concerns remain

25 Nov 2024

New carbon market rules agreed at the fractious UN climate summit will be a relief to New Zealand and Singapore, who were leading the negotiations, but concerns about greenwashing and disadvantaging nature-based solutions remain.

Transport
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Fast, sustained phase-out of fossil fuels: best-performing countries in coal and transport sectors

Thu 10 Jul 2025

By Robert McLachlan | It’s true that climate change is getting worse – it will continue to get worse until emissions fall to near zero. But is action on phasing out fossil fuels really stalling?

United Nations
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UN Human Rights Council fails to call out fossil fuels after decision cuts mention

Today 10:45am

A proposal by the Marshall Islands and Colombia calling for a transition away from fossil fuels at the UN Human Rights Council failed to make it into the council’s declaration on climate change and human rights issued on Tuesday.

Waste
More >

Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner

5 Jun 2025

By Shannon Morris-Williams | Proposed changes to New Zealand's waste legislation risk undermining public trust in the waste levy scheme, according to Parliamentary Commissioner for the Environment Simon Upton.

Water
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NZ urgently needs to change approach to flood management - experts

2 Jul 2025

Experts say climate change is squarely to blame for flooding in Nelson - but isn’t getting the media attention it deserves - and the country urgently needs to change its approach to flood management in the face of climate change.

Wildfires
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UN University report warns against carbon credits from REDD, tree planting, and improved forest management

13 Jun 2025

But the report stops short of recommending banning the trade in carbon temporarily stored in trees.

Wind energy
More >

For the first time, China invests more in wind and solar than coal overseas

29 May 2025

China’s Belt and Road Initiative, long derided for its heavy carbon footprint, was dominated by wind and solar power projects for the first time from 2022 to 2023, according to a new analysis. But coal plants financed in earlier years are still coming online.

More in: Energy
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