Australia – Townsville to become a renewable hydrogen powerhouse, MoU to investigate feasibility of exporting hydrogen through the port. Townsville’s bid to become a renewable hydrogen powerhouse has been strengthened with the signing of another Memorandum of Understanding (MoU) to investigate the process and feasibility of exporting hydrogen through the city’s Port.Read More

A research team at the University of Wisconsin–Madison has identified a new way to convert ammonia to nitrogen gas through a process that could be a step toward ammonia replacing carbon-based fuels. The discovery of this technique, which uses a metal catalyst and releases, rather than requires, energy, was reported on November 8, 2021, in Nature...Read More

Climate negotiators ended two weeks of intense talks on Saturday with consensus on urgently accelerating climate action.  The Glasgow Climate Pact, combined with increased ambition and action from countries, means that 1.5C remains in sight, but it will only be delivered with concerted and immediate global efforts. Read More

About half of the world’s fossil fuel assets will be worthless by 2036 under a net zero transition, according to research. Countries that are slow to decarbonise will suffer but early movers will profit; the study finds that renewables and freed-up investment will more than make up for the losses to the global economy.Read More

Saudi Arabia said Middle Eastern economies will be boosted by efforts to cut planet-warming gases and announced a fund to invest in carbon-capture technology.Read More

Global Economic Outlook Q3 2021: Picking Up Steam, Fueled By Vaccinations. The effective end of the pandemic is approaching, particularly for the most advanced economies, as vaccinations become widely available, severe COVID-19 cases fall, and economies reopen. This is happening earlier and faster than previously assumed, driving both growth and inflation higher.Read More

China’s Economy Is Reeling From Successive Punches: Eco Week - Bloomberg: China is counting the cost of a multiple whammy of hits to its economy, from a crackdown on the property market and an energy crunch to stringent virus controls and soaring commodity prices.   Read More

Biofuel is a type of fuel that is produced from biomass (that is from plants and animal material). Unlike fossil fuels which take time to form because of the slow geological process, biofuels are readily available and can be produced from other sources apart from plants such as industrial waste with biological origin.Read More

Oxide projects considered for US, elsewhere: International mine developers are striving to bring on stream new rare earths projects outside China to secure supplies of the minerals used in electric vehicle engines and wind turbines as prices surge, CEOs of two developer companies told S&P Global Platts.Read More

Cryptocurrency experts believe it will surpass traditional finance in Australia as early as 2029 after a new report revealed the country had accumulated $7bn worth of digital coins.Read More