China’s 2026–2030 Plan Boosts Clean Energy While Loosening Emissions Targets
China sets a 17% carbon intensity reduction target for 2026–2030, weaker than the previous plan and allowing emissions to continue rising. Clean energy expansion accelerates, with plans for 100GW of pumped hydro storage, more than 100GW of offshore wind, and major renewable energy bases. Coal policy softens, replacing earlier commitments to reduce coal consumption with […]
Ikea’s Parent Firm Ingka Launches Hybrid Wind, Solar Power Park In Portugal
Ingka Group is hybridizing an existing 50 MW wind farm in Portugal with solar generation, raising total output to 233 GWh annually. The project boosts the grid capacity factor from 34% to 50% without expanding grid infrastructure by using the same connection point. The development supports Ingka’s broader €7.5 billion renewable investment plan targeting 15 […]
L’Oréal Partners With Dioxycle To Turn Captured Carbon Into Sustainable Packaging Materials
L’Oréal signs a multi-year partnership with Dioxycle to convert captured CO₂ emissions into ethylene for polyethylene packaging. Carbon electrolysis technology could reduce Scope 3 emissions tied to petrochemical based plastics in global beauty supply chains. The collaboration introduces a scalable alternative to fossil derived packaging materials while maintaining virgin quality performance. L’Oréal Groupe has entered […]
Schroders Greencoat Launches Green Digital Infrastructure Platform With 36MW Irish Data Centre Project
Schroders Greencoat launches a new green digital infrastructure platform to finance energy parks and renewable powered data centres. First investment targets a brownfield site in Drogheda, Ireland with planning consent for a 36MW data centre. Initiative aligns with Ireland’s Large Energy-Users Action Plan, linking AI-driven digital growth with renewable energy and grid stability. Schroders Greencoat […]
Lloyd’s in Talks With U.S. Over Gulf Shipping Insurance Plan
Lloyd’s market is working with the U.S. International Development Finance Corporation on political risk insurance and guarantees to stabilize maritime trade in the Gulf. Roughly 1,000 vessels with an estimated $25 billion in hull value remain in Gulf waters, about half of them oil and gas tankers. Escalating regional conflict has pushed London’s marine insurance […]
