Mizuho to tighten rules on lending to coal-fired power plants in line with other Japan banks
Mizuho Financial Group Inc. said Wednesday that it will tighten lending standards for coal-fired power plants with high emissions of carbon dioxide, as part of its efforts to combat climate change. Mizuho will also provide discussion and consulting services for clients who want to "decarbonize," ...
Forecast of a cooler summer in Asia may add to expected LNG glut
Don't count on a summer heat wave to rescue Asia's liquefied natural gas prices. Weather forecasts signal lackluster demand in the largest importing region, raising prospects a global glut will deepen. Temperatures across North Asia this summer will be cooler than a year ago, according ...
Most European Union countries reduced carbon dioxide emissions last year, estimates showed Wednesday, marking a turnaround in the battle against greenhouse gases as campaigners urged faster action to avoid the most damaging effects of climate change. Overall EU emissions from burning oil, coal and gas ...
Answer to climate change will be found in labs, Exxon Mobil CEO says
For Darren Woods, Exxon Mobil Corp.'s chief executive officer, the answer to climate change won't be found in solar panels or high-profile global accords, but rather in a U.S. government laboratory. At a time when environmentalists want Exxon to leave more oil and gas in ...
The next 'Ferrari of shale' may be hiding in Australia's outback
In a corner of the Australian Outback, a drilling crew will soon try tapping shale rocks that could hold more than three times the world's annual consumption of natural gas. Origin Energy Ltd. plans to drill two wells later this year in the Northern Territory's ...
A groundbreaking fusion reactor built by Chinese scientists is underscoring Beijing's determination to be at the core of clean energy technology as it eyes a fully functioning plant by 2050. Sometimes called an "artificial sun" for the sheer heat and power it produces, the doughnut-shaped ...
J-Power and other firms to scale down coal-fired power plant project in Yamaguchi Prefecture
Electric Power Development Co., also known as J-Power, said Wednesday that it will scale down a project to build a coal-fired thermal power plant in Yamaguchi Prefecture with two partners. J-Power, Osaka Gas Co. and Ube Industries Ltd. made the decision in light of international ...
Green machines? Flying taxis could slash emissions for long journeys
Futuristic electric flying taxis like those in the movie "Blade Runner" could offer a more sustainable — and much faster — way to travel long distances than traditional car journeys, academics at the University of Michigan said on Tuesday. Several firms are working to develop ...
European utilities contemplating a future in which oil has gone the way of the dinosaurs
European oil companies have started to address what they worry may one day be an existential threat to their business — the end of a century of oil demand growth in a low carbon world. The emergence of the electric vehicle and demand among investors ...
Wind turbines' noise causes cancer? Trump's 'idiotic' theory whips up storm
President Donald Trump has never been shy of sharing his dislike of wind turbines. But by suggesting this week that their noise could cause cancer, he stunned political friends and foes alike. "It's an idiotic statement," Democratic House Speaker Nancy Pelosi said Thursday, echoing an ...
LNG in focus as energy giants Chubu Electric and Tepco deepen ties with Jera venture
As Chubu Electric Power Co. and a unit of Tokyo Electric Power Company Holdings Inc. complete the integration of their thermal power businesses Monday under joint venture Jera Co., the growing potential of LNG at home and abroad has received renewed attention. The joint venture ...
Yamaguchi court rejects residents' call to halt last Ikata nuclear reactor in Ehime Prefecture
A district court on Friday rejected a plea by residents to halt a reactor at the Ikata nuclear power plant in Ehime Prefecture. The decision by the Iwakuni branch of the Yamaguchi District Court is in line with rulings made by other regional courts and ...
