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Senate Democrats target climate in $3.5 trillion plan

The budget resolution, released today, would allow "the most significant investment in tackling the climate crisis in US history" and create a path to reach President Joe Biden's goal for a 50pc cut in domestic greenhouse gas emissions by 2030, Senate majority leader Chuck Schumer (D-New York) wrote in a letter to his colleagues. The Senate plans to start consideration of the budget soon, after holding a final vote in the next day on a $1.5 trillion infrastructure package.

read more... 10/08/2021

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EU bank and Hydrogen Europe team up to drive green financing

The European Investment Bank (EIB) and Hydrogen Europe have signed an agreement for consultancy services for green hydrogen projects.

read more... 05/08/2021

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TotalEnergies to prioritize low carbon intensity in new upstream investments

France's TotalEnergies will specifically assess the carbon intensity of hydrocarbon projects while deciding on investment plans, as part of its ambitious decarbonization strategy, the company's CEO and Chairman Patrick Pouyanne said July 29.

read more... 30/07/2021

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REA: ‘More government action is needed if the UK is to achieve its net zero aims’

Although progress has been made in the decarbonisation of UK energy, net zero ambitions risk not being met due to ‘gaps in policy and investment’.

read more... 22/07/2021

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EU backs renewables and power network upgrades in Romania with €120m loan

The European Investment Bank (EIB) is supporting the deployment of renewable energy and advanced meters as well as the upgrade of electricity distribution networks in Romania with a €120 million (£103m) loan.

read more... 16/07/2021

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