Labelling nuclear and gas as “green” poses a risk for investors6 Jul 2022 18:12
“The decision fails to protect the European investor community and consumers alike from the financial risks inherent in polluting fossil gas or toxic nuclear projects. The EU will now be more vulnerable to greenwashing and the proliferation of expensive stranded LNG terminals, pipelines and nuclear waste – costs which will ultimately be borne by taxpayers for generations to come.”
Climate advocates responded with outrage to the European Parliament’s vote Wednesday to classify fossil gas and nuclear projects as “green,” an official designation that will allow them to access additional taxpayer subsidies and private capital despite their destructive environmental impacts.
Methanol winning the hydrogen shipping race6 Jul 2022 00:03
as new studies highlight dangers of ammonia at sea .
A new report by classification society Bureau Veritas and oil giant TotalEnergies found that ammonia’s toxicity posed serious health risks for those on board.
Ah yes, I thought it was the transistion story. They have to burn massive amounts of gas just to get to the clean energy. The golden age of greenwasing.
The Gurugram-based ACME Green Hydrogen and Chemicals Pvt. Ltd. is setting up a green ammonia and green hydrogen factory in the port town of Thoothukudi, Tamil Nadu, at a cost of ?52,474 crore. This will be one of the largest such plants in the world.