Energy transition Financial News
14.02 / 09:49
ETFs
energy transition
Uranium
HANetf brings small- and mid-cap uranium miners ETF to Europe
The firms first collaborated to launch the Sprott Uranium Miners UCITS ETF (URNM) in May 2022, the European version of which now has $300m AUM.
18.01 / 23:13
ESG
funds
Article 9
energy transition
Schroders Greencoat launches semi-liquid energy transition infrastructure fund
The Article 9 fund will focus on renewable energy investment options, which Schroders described as the 'backbone of the energy transition'.
24.10 / 15:43
Health
European Union
Ukraine war
Cinema
energy transition
Financial
FTX co-founder testifies against Sam Bankman-Fried, saying they committed financial crimes
Gary Wang, FTX co-founder, began his testimony against Sam Bankman-Fried on Thursday, alleging that he and his former college roommate and boss committed financial crimes and lied to the public before the cryptocurrency trading platform collapsed last year.
09.10 / 08:59
COST
UPS
Target
Manufacturing
CEO
track
country
Industry hit by faltering energy transition
The stuttering energy transition is forcing big industrial companies like Boral to temporarily shut down cement production to avoid peak electricity prices, putting at risk the nation’s build-out of housing and infrastructure stock.
02.10 / 09:59
14.09 / 12:23
Target
Thyssenkrupp
performer
track
Thyssenkrupp to Reorganize Portfolio, Combine Units With Energy Transition Technologies
Thyssenkrupp said on Thursday that it will reorganize its portfolio and combine business units with key technologies useful for the decarbonization of industry, while also launching a group-wide performance program. On Oct.
09.09 / 13:47
UPS
SUN
Manufacturing
country
G20 Declaration stresses on sustainable supply chain energy transition
semiconductors and technologies." Mint earlier reported that G20 summit may pass a marquee declaration to ensure energy and supply chain security including for critical minerals. The declaration also recognized the importance to accelerate the development, deployment and dissemination of technologies, and the adoption of policies, to transition towards low-emission energy systems, including by rapidly scaling up the deployment of clean power generation, including renewable energy, as well as energy efficiency measures, including accelerating efforts towards phasedown of unabated coal power, in line with national circumstances and recognizing the need for support towards just transitions.
05.09 / 20:11
COST
UPS
Manufacturing
Action
stage
country
voice
India has emerged leader in energy transition, and the voice of global south: R K Singh
When the leaders of the G20 countries meet on the 9th and 10th of this month, a primary concern will be accelerating the energy transition to address climate change. There is unanimous acknowledgement of the immediate threat posed by climate change, as well as the urgent need to shift from fossil fuels to non-fossils at an accelerated pace to curb CO2 emissions and strive to limit the global temperature increase to 1.5°C from pre-industrial levels.India has one of the lowest per capita emissions in the world. Our per capita emission is 2.40 tCO2e (tonne carbon dioxide equivalent), whereas the global average is 6.3 tCO2e.
03.09 / 10:07
UPS
Target
FIVE
track
country
exclusive
Diversity best bet, no one-size-fits-all solution to energy transition: PM Modi
Prime Minister Narendra Modi has made a renewed pitch for diversity in the energy mix, saying there is no one-size-fits-all solution for a world looking to transition from fossil fuels to cleaner sources like solar and hydrogen. India, the world's third-largest energy consumer, has repeatedly stressed on energy transition being just and orderly and nations having a free hand in decisions on the pathway based on the availability of resources. «Our principle is simple — diversity is our best bet, whether in society or in terms of our energy mix,» he told PTI in an exclusive interview here ahead of the G20 summit. «There are no one-size-fits-all solutions.
29.08 / 16:03
Digital
Gap
Align
show
track
country
Our DPI success could guide an energy transition too
Digital Economy Working Group and Global Partnership for Financial Inclusion—there is now almost universal alignment on the importance of DPI and the many ways in which it can be used. India’s diplomatic success in raising a buzz on a topic that the rest of the world had heard little of until recently has surprised many. Not only does India not have a track record of demonstrating such leadership at global fora, it has, to the contrary, remained non-committal on issues one might have expected it to take a firm stand on.
28.08 / 04:17
Target
track
energy transition
clean energy
State government red tape cruelling clean energy transition
It might look like Australia is pushing ahead with the transition to wind energy, but a major player in the market believes legislative red tape is slowing down the clean energy transition to a crawl.
26.08 / 14:39
CEO
country
BP CEO bats for investments in oil & gas projects along with energy transition
Reliance Industries is trying to get EV charging infrastructure at their retail outlets. At present, the joint venture has over 1,620 retail outlets.
25.08 / 11:09
Strategy
Enterprise
Indian
Indian Oil to invest $30 billion towards energy transition
Indian Oil's renewable energy portfolio, with a particular focus on expanding its footprint in the rapidly growing solar and wind energy sectors. By harnessing the inexhaustible potential of renewable resources, Indian Oil aims to cater to India's burgeoning energy demands while significantly reducing its ecological footprint.
23.08 / 02:15
COST
UPS
Provident
SUN
social
energy transition
licence
Scale, social licence and sustainability – powering Australia’s energy transition
Australia, while rich in fossil fuels, is equally gifted with the resources to make it a renewable energy powerhouse. Whether it can make this transition will be a matter, not only of political will, but of tough business choices.
14.08 / 12:21
country
Lula says wants US investments in Brazil to drive energy transition
SAO PAULO (Reuters) — Brazilian President Luiz Inacio Lula da Silva said on Monday he hopes for the United States to want to invest in Brazil so the two countries can work to «drive the energy transition forward.»
13.08 / 22:09
Target
FIVE
Action
Strategy
ANZ
performer
Energy transition to ‘reshape bank balance sheets’: Ken Henry
The economic transformation that climate change is forcing on the economy will “reshape the balance sheets of the Australian banks” and “some will fare better than others”, former National Australia Bank chairman Ken Henry says.
08.08 / 07:49
COST
Target
Southern
social
dance
Brolgas won’t stop Victoria’s energy transition: Andrews
Daniel Andrews says he is confident Victoria can meet its ambitious renewable energy targets despite warnings that strict environmental rules set for a $1 billion wind farm project in the state’s south-west threaten to hinder the energy transition.
02.08 / 12:47
BLOCK
Reuters
Tesla
show
country
blues
rock
energy transition
clean energy
World battles to loosen China's grip on vital rare earths for clean energy transition
Refining rare earths for the green energy transition is hard. Just ask MP Materials and Lynas. The world's two biggest rare earths companies outside of China are facing challenges turning rock from their mines into the building blocks for magnets used across the global economy, from Apple's iPhone to Tesla's Model 3 to Lockheed Martin's F-35 fighter jet.
22.07 / 16:35
Lowe's
Platform
energy transition
Low
No joint communique after G20 energy transition meet; outcome document stresses on use of low emission tech
New Delhi: The G20 Energy Transition ministerial meeting has ended without a joint communique. An outcome document and chair’s summary were released, highlighting the significance of adopting biofuels and hydrogen generated using zero or low-emission technologies.
22.07 / 12:05
Provident
Target
Progressive
Action
Strategy
stage
country
COP28
COP28, IEA forge path to 1.5C degree-aligned energy transition
New Delhi: The COP28 UAE Presidency and the International Energy Agency (IEA) convened the first in a series of high-level dialogues in the run-up to COP28 around building a 1.5°C-aligned energy transition. The initiative is being carried out in collaboration with the International Renewable Energy Agency (IRENA) and will be supported by the United Nations Framework Convention on Climate Change (UNFCCC). The dialogues are intended to build consensus on 1.5°C-compatible energy transition pathways and the enabling conditions needed to achieve them, as well as momentum around the target energy outcomes for COP28.
22.07 / 06:47
UPS
Lowe's
Target
country
Clean hydrogen, Russia-Ukraine war major hurdles in G20 energy transition consensus
Energy Transition Working Group is facing challenges in reaching a consensus on the joint communique with clean hydrogen and the Russia-Ukraine war being the key sticking points. About 60% of the communique has been agreed upon, but negotiations are still continuing on whether the future of hydrogen should be green or clean, people close to the development said. Officials are hopeful of some agreement on the second day of the talks on Saturday.
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