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UK Takes Bold Step with Sustainable Aviation Fuel Mandate

The UK’s new Sustainable Aviation Fuel mandate requires 2% SAF in jet fuel by 2025, rising to 10% by 2030. It promises to cut emissions, create jobs, and position the UK as a green aviation leader.

Morgan Stanley Sells 50% Stake in Clean Energy Firm Höegh Evi to Igneo Infrastructure Partners

Morgan Stanley sells its 50% stake in Höegh Evi to Igneo Infrastructure Partners, advancing its growth in hybrid FSRUs, LNG, and hydrogen imports, ensuring energy security and clean energy transition

JSW Energy to Acquire O2 Power’s 4.7 GW Renewable Portfolio for $1.47 Billion

JSW Energy’s $1.47 billion acquisition of O2 Power’s 4.7 GW portfolio strengthens its renewable energy ambitions, aligning with India’s 2030 clean energy goals and global transition trends

Vietnam Introduces Landmark Electricity Law to Boost Renewable Energy Growth

Vietnam’s revised Electricity Law, effective February 2025, enhances renewable energy growth, fosters market competitiveness, and aligns with PDP8 goals, targeting over 60% renewables by 2050.

New York Enforces Landmark $75 Billion Climate Law Targeting Fossil Fuel Giants

New York enforces a $75 billion climate law, holding fossil fuel companies accountable for climate damages, funding infrastructure repairs, and setting a precedent for climate accountability nationwide

India Reassesses $30 Billion Sulphur-Cutting Program for Coal Plants

India revisits its $30B sulphur-cutting plan, considering cost-effective alternatives like electrostatic precipitators. A decision on extending the FGD deadline to 2029 is awaited

Japan Targets 60% Greenhouse Gas Reduction by 2035 Amid Mixed Reactions

Japan sets a 60% GHG reduction target by 2035, surpassing its previous 2030 goal. Critics argue it falls short of IPCC standards, sparking debate on balancing climate, energy, and economic priorities

Germany and Netherlands Among 10 Leading Fossil Fuel Subsidizers in 2023

Global fossil fuel subsidies hit $1.5 trillion in 2023, with Germany and the Netherlands among the top spenders. Experts urge immediate action to transition funds to renewable energy projects.

Google, Intersect Power, and TPG Announce $20 Billion Clean Energy Partnership for Data Centers

bp and JERA Form $6 Billion Offshore Wind Joint Venture

Meta Explores 4 GW of Nuclear Energy to Power AI and Sustainability Goals

TotalEnergies Expands Renewable Energy Portfolio with $1.7 Billion VSB Group Acquisition