Scenarios used by central banks to conduct climate-risk stress tests have been criticised as not fit for purpose because they fail to account for severe economic shocks caused by climate “tipping points”, reports sustainable finance reporter Polly Bindman.
All around the world, people are experiencing extreme weather events, exacerbated by global warming – and still progress towards a decarbonised world feels far too slow, writes freelance climate journalist Katie Kouchakji.
A new EU battery regulation has become law following final agreement by MEPs and national governments. Can it reduce Europe’s dependence on foreign battery makers for electric vehicles and consumer goods? Senior writer Dave Keating reports from Brussels.
Solar factories are beginning to spring up across Africa, helping to create favourable conditions for growth and acceptance of the technology, reports senior data journalist Nick Ferris.
Russia is home to some of largest rare earth reserves in the world, while preliminary estimates suggest Ukraine holds Europe’s largest lithium reserves. GlobalData issues a new report on critical minerals.
Most European SMEs believe their countries’ fossil fuel dependency is causing the energy crisis and are keen to switch to renewable energy, according to new polling from Beyond Fossil Fuels.
Renewable diesel market production continues to gain importance globally as it is less carbon intensive, provides much better performance in cold conditions, and can be stored much longer when compared to petroleum diesel. Per latest GlobalData analysis, by 2030, global renewable diesel production capacity is set to be dominated by standalone renewable refineries. Additionally, co-processing in crude oil refineries and crude oil refinery conversions will also play a major role in renewable diesel production. Furthermore, North America is expected to witness the highest renewable diesel production capacity globally in 2030, followed by Asia and Europe respectively.
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