The US Congress has passed the much anticipated infrastructure bill after months of political wrangling in Washington DC. The details of the bill our now being dissected, with significant investments in physical infrastructure, including green tech. Over US$110 billion will go to climate change focused infrastructure spending. According the sources, […]
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Has Andrew Forrest’s Fortescue Cracked the Green Steel Challenge?
Australian mining magnate Andrew Forrest, who amassed a fortune from iron ore mining in Western Australia, is the focus of a long-form piece in the New York Times this weekend. The Times Australian correspondent Damien Cave followed Forrest across Western Australia for the article titled ‘Can a Carbon-Emitting Iron Ore […]
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Copper Price: Surge in costs may hold back renewables growth – analysts
There are concerts that the growing price of copper – with high global demand outstripping supply – could hold back the renewables revolution this decade. The global price in copper this week hit a record high, with inventories on the London Metal Exchange the lowest since 1974. Copper, one of […]
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Cement Industry Commits to Net Zero
The global cement industry is responsible for about 8% of global emissions and that’s a big problem. While the world needs cement to grow economies, the industry is a key part of the net zero future. Now the cement industry has ledged to cut their greenhouse gas emissions by up […]
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France Courts Order State to Honour Climate Commitments
A French court has ordered the state to honour its commitments on climate change, environmental organisations bringing the case said on Thursday. France is one of several countries where environmental activists are using the judicial system to force their governments to take faster action against global warming.
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German Coalition Commits to End Coal by 2030
A coalition of political parties working to form a government in Germany has committed to end coal in the country by 2030, nearly a decade earlier than previously expected. The leaders of the Social Democrats, Greens and the liberal Free Democrats said their parties would now enter formal coalition negotiations […]
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$3 Billion Green Hydrogen Play for Australia’s Biggest State
The government of New South Wales, Australia’s most populated State, will fund A$3 billion ($US2.3B) in green hydrogen grants. The State is looking to attract between A$80 and A$50 billion in hydrogen development infrastructure as it accelerates its shift to zero emissions. The announcement was made with FFI Chairman Andrew […]
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Conflict of Interest: US Senator Holds Key US Climate Policy to Ransom
A powerful Democratic Senator is holding key US Climate policy to ransom. West Virginia Senator Joe Manchin III is demanding a key provision in the next infrastructure spending bill be stripped. The Biden Administration had placed a key provision in the bill to rapidly replace America’s coal- and gas-fired power […]
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UK to build Rolls-Royce mini nuclear reactors
The British government will roll out investment in Rolls-Royce mini nuclear reactors in the coming years, to help meet ambitious climate goals. A consortium of investors has backed a Rolls-Royce fund for the mini reactor project, that will be matched by the UK taxpayer. So far Rolls-Royce had raised £210m […]
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Green Hydrogen electrolyser factory for Australia
Australia will invest in a electrolyser factory to help power the expected boom in green hydrogen demand for the future. Queensland will host the electrolyser factory – a JV between Australia’s Fortescue Future Industries and US manufacturer Plug Power. The plant would be Plug Power’s third renewables gigafactory. The factory […]