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Oil down on demand pressure from new COVID-19 variant
- Investors are awaiting decision from major oil-producing countries on production volume for January
Wind becomes largest source of electricity in Turkey on Nov. 28
- Wind is Turkey's second-biggest renewable source after hydropower
Germany's E.ON to invest €27 billion for energy transition up to 2026
- Decarbonization of Europe's economies places energy industry at threshold of key decade of growth, company CEO says
Turkey's daily wind power generation hits record high
- More than 20% of total electricity was generated from wind energy sources on Wednesday
33 countries to boost transition in transportation to reach net zero emissions
- Governments to work towards new cars and vans sales being zero emission by 2040 or earlier
10.11.2021
Electricity
Countries to fund UN Climate Technology Center and Network
- Member States discuss expansion of international technology collaboration to implement Article 10 of Paris Agreement
Paris Agreement to come into effect in Turkey on Nov. 10
- Turkey will determine net zero roadmap in fighting against climate change and update its national contribution statements
Good climate action intentions in COP26 need to be backed by results
- Political leadership is essential ingredient to ensure COP delivers on people's demands
Without emissions trading system, EU partners will be subject to carbon border adjustment
- EU encourages trading partners to be careful that energy production and consumption are not carbon intensive
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Around $4B in public sector investments will be used for agricultural improvements
- Countries will set out their commitment to transform agriculture, food systems through policy to protect nature
06.11.2021
World
Richest 1% emit carbon emissions 30 times more than level for 1.5°C limit by 2030
- To achieve 1.5°C climate goal, every person on earth would need to emit an average of just 2.3 tons of CO2 per year by 2030
End of coal in sight with more countries' commitments: COP26 Presidency
- Around 23 countries, including five of the world's top coal-consuming countries, made commitments for the first time to phase-out coal power
Four developing countries start coal transition with $2.5B CIF finance
- South Africa, India, Indonesia, and the Philippines have been selected as the first beneficiaries of the initiative
Global carbon emissions rapidly rebound close to pre-COVID levels
- Carbon emissions dropped by 5.4% in 2020 amid COVID lockdowns, but report projects an increase of 4.9% this year
UAE, IRENA launch $1B Global Finance Platform to accelerate clean energy
- UAE commits $400M in funding through Abu Dhabi Fund for Development towards goal of securing minimum $1B in total funding
Turkey discovers 60 million barrels of oil equivalent reserves in 2021
- Turkey's natural gas consumption is expected to increase by 22% this year, Donmez says
G20 leaders agree on 1.5C global warming target
- Keeping 1.5°C within reach requires meaningful and effective actions, leaders say in final communique
China releases its updated NDC ahead of COP26
- China is considered one of top emitters of carbon dioxide
World in midst of 'uneven and unsustainable' economic recovery, IEA says
- Clean energy spending is highly imbalanced geographically with most of it in advanced economies rather than developing world
28.10.2021
Invesments
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Pandemic-related waste raises alarm over environmental health: Expert
- ‘If we can't manage medical waste, it means we are heading towards a disaster,’ says Turkish academician
27.10.2021
General
Australia's new net zero emissions target a significant step: Wood Mac.
- Australia announced on Monday that the country aims to reach net zero emissions by 2050, ahead of COP26
Turkey's daily wind power generation hits record high
- Nearly 20% of total electricity was generated from wind on Monday
Turkey has rapidly become leading wind market: Vestas
- In Turkey we see good potential for growth, says company's Turkey head
Clean energy investments need to more than triple by 2030 to curb emissions
- New energy economy is emerging but not yet quickly enough to reach net zero emissions by 2050: IEA's World Energy Outlook 2021
Soaring fossil gas costs account for 86% of tripling UK electricity prices
- Electricity generation from existing UK fossil gas plants is three times more expensive than new onshore wind, data shows
China's carbon-neutral aim will rely heavily on wind generation: WoodMac
- China will have more than two-thirds of world's grid-connected capacity by 2030, agency reveals from research
65th IAEA General Conference begins in Vienna
- It is time for US to ‘rectify wrong policies,’ remove all sanctions, says head of Iran's Atomic Energy Organization