Denmark’s clean energy transition is taking a fast pace as the country is lessening its dependence on fossil fuels. The Danish government’s efforts are majorly directed toward lessening the usage of fossil fuels to make a transition. Denmark is moving towards a clean energy transition from fossil fuels. One report suggests that wind and solar […]
Tag: Fossil Fuels
The US fuels and oils market is one of the fastest growing sectors with its counterparts such as China and Russia. The US fuels and oils exports increased in 2021 and 2022 both showing positive growth for US fuels & oils exports. The share of ‘Refined Petroleum Oil’ (Heading 2710) is the highest among all […]
Harvard University’s President announced on 9 September 2021 about the decision on ‘fossil fuels endowment’. Harvard University and Yale University were both active participants in the endowment of fossil fuels earlier and claimed to directly contribute to the climate change issue. The open letter posted by the university’s president begins with the statement — “Climate […]
Coal is the biggest of all three fossil fuels, contributing to greenhouse gases (GHG) emissions. Non-renewable energy sources namely coal, oil, and gas, as their name suggests, cannot be replenished and, ironically, supply more than 80% of world energy. According to a report of the World Bank, coal alone contributed to more than 70% of […]
CNG & LPG are the alternative fuels while petrol and diesel are still used as primary energy sources, but there have been major shifts after the last year’s pandemic. Conventional fuels – petrol and diesel, accounted for the EU’s market share of 75.5% in 2020, as per European Automobile Manufacturers Association (ACEA). According to the […]
Key Points: Trade liberalization uplift the environmental growth values in the trade paradigms Positive climate change factors recorded during COVID-19 pandemic in 2020 Fossil fuels trade and uses were low in 2020 as compared to the previous years Modification of major trade policies drive a sustainable development at large extent Trade and environmental development can […]