British utility Drax is likely to receive a 300 million euro ($414.19 million) grant from the European Commission for a carbon capture and storage (CCS) project after Britain this week told the Com

The world needs to triple the energy it gets from renewables, nuclear reactors and power plants that use emissions-capture technology to avoid dangerous levels of global warming, United Nations sci

Faster action is needed to keep global warming to agreed limits and delays until 2030 could force reliance on technologies to extract greenhouse gases from the air, a U.N.

A United Nations report said on Sunday that governments must act faster to keep global warming in check and delays until 2030 could force them to use little-tested technologies to extract greenhous

Landmark UN analysis concludes global roll-out of clean energy would shave only a tiny fraction off economic growth

Critics say bioenergy, carbon capture, among draft report's 'false solutions' to sustain business as usual economics

This report produced by the Frankfurt School-UNEP Collaborating Centre for Climate & Sustainable Energy Finance, UNEP and Bloomberg New Energy Finance tracks  the latest developments, signs and signals in the financing of renewable energy and  explores the issues affecting each type of investment, technology and the  region.

Technique of burning biomass then pumping released carbon underground included in leaked draft from UN climate panel

Government officials and top climate scientists will meet in Berlin from April 7-12 to review the 29-page draft that also estimates the needed shift to low-carbon energies would cost between two an

The U.N.'s climate chief called on the oil and gas industry on Thursday to make a drastic shift to a clean, low-carbon future or risk having to leave three-quarters of fossil fuel reserves in the g

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