Climate change mitigation

Bulgaria Struggles with Recovery Plan Implementation, EU Warns

Bulgaria is significantly delayed in implementing its Recovery and Sustainability Plan, according to the 2024 report from the European Commission. The plan, valued at 5.689 billion euros in grants, has so far seen only one payment of 1.37 billion euros, which is 24% of the total amount.

Australia unveils plans to keep burning gas beyond 2050

Australia unveiled plans Thursday to keep burning natural gas beyond 2050, saying its reliance on the fossil fuel would not derail a pledge to reach net zero emissions in the next 30 years.

Resources minister Madeleine King said gas "will remain an important source of energy" in Australia, outraging environmental groups who branded the Future Gas Strategy a "climate disaster".

US fuel-agnostic green lubes firm Shipglide to debut at Posidonia

Florida-based Shipglide is making its Posidonia debut this year (on June 3-7) and is on the verge of opening its first offices in Greece through a strategic joint venture.

The company describes its mission as being a pioneer of change in the maritime industry by offering a proven and fuel-agnostic air lubrication system tailored to suit every kind of vessel.

Report Reveals: 57 Producers Responsible for Majority of CO2 Emissions

A recent report by the non-profit think tank InfluenceMap has unveiled startling insights into the world's carbon dioxide emissions landscape. According to the Carbon Majors report released on Thursday, a mere 57 fossil fuel and cement producers have been accountable for a staggering 80% of global CO2 emissions from 2016 to 2022.