At the World Economic Forum (WEF) in Davos, China reiterated its commitment to green development, in contrast to the United States, whose secretary of commerce said America should rely on oil and gas instead of pursuing a green transition and criticized the European Union’s (EU) net-zero target. US President Donald Trump, for his part, described […]
Investors in offshore wind farms, especially European ones, are facing increasing losses – Ørsted decided to halt its Hornsea 4 project in the United Kingdom, while the United States stopped the construction of Equinor’s Empire Wind 1 facility. After the energy crisis and the impact of Russia’s invasion of Ukraine, the resulting surge in inflation […]
United States Secretary of Energy Chris Wright invited Central European countries to abandon the official European Union’s energy and climate policy and join his country on “team energy freedom.” US Energy Secretary Chris Wright has delivered a keynote speech at the inaugural session of the Three Seas Business Forum, held in Warsaw, Poland. “This is […]
The US Environmental Protection Agency (EPA) has frozen USD 20 billion in funding for greenhouse gas reduction projects, citing, among other things, concerns over potential fraud, waste, and abuse, news agencies reported. The move prompted a lawsuit by environmental NGO Climate United Fund, one of the beneficiaries of the program aimed at financing thousands of […]
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