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Decarbon Daily - Issue for July 1, 2021

Inside this issue

Although the share of renewables in global electricity generation reached almost 27% in 2019, more renewable power is needed for countries to meet ambitious low-carbon targets. More renewable power means more investment.

However, MENA is under-invested across Energy similar to North America. China purchased a record amount of crude in 2020 when prices were low. China’s imports of crude oil climbed to an average of 11.1 million barrels a day in January and February, up more than 20% from December, according to EIA data. China's energy investments are opaque.

Inside this Issue

  • FedEx Announces $2 Billion Carbon-Neutral Ambition by 2040
  • Rice University's Baker Institute Presents Oil Demand Paper
  • MENA Energy Outlook Shows Investment Needed in Region
  • China Energy Outlook 2020

Articles in this issue

FedEx Announces $2 Billion Carbon-Neutral Plan
FedEx Corp. (NYSE: FDX), home of the world’s largest cargo airline, announced today an ambitious goal to achieve carbon–neutral operation...

Is Oil Demand Doomed With Or Without Climate Policy?
Many energy observers predict that new climate policies in the U.S. and around the world will drive global oil demand significantly lower...

APICORP's MENA Energy Outlook
Potential long-term shortages due to the significant drop in investments in 2020. The entire energy value chain – particularly oil and ga...

China Energy Outlook 2020
China is the world’s largest consumer and producer of primary energy as well as the world’s largest emitter of energy-related carbon diox...

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