March saw Chevron Singapore Pte Ltd launching a carbon offset programme for its Singaporean Caltex brand. It’s a neat idea. Customers feeling queasy about their vehicle emissions can use their petrol pump loyalty points to offset their greenhouse gas footprints through investments in carbon reduction schemes approved by the Verified Carbon Standard (VCS), an independent verification programme. Offset schemes such as this hold considerable promise for companies that cannot immediately switch to zero-carbon operations.
We kickstart Series Four of the Energy Transition Now podcast, just as RenewableUK begins first day of the Global Offshore Wind 2022 conference and exhibition in Manchester, UK. To keep on topic, this week we're delighted to be discussing the opportunities and challenges of floating offshore wind with Alex Gauntt, Supply Chain Director of Cierco Energy.
Europe’s recently difficult relationship with Russia took a turn for the worse at the end of last month. Citing a failure to pay for supplies in roubles, Russian energy giant Gazprom halted all exports of gas to Poland and Bulgaria. That action, which the Financial Times described as part of the Putin administration’s “efforts to weaponise energy supplies over the invasion of Ukraine,” added urgency to Europe’s attempts to sever its dependence on Russian fossil fuels.
In the 20th episode of Westwood’s Energy Transition Now podcasts, David Linden speaks with Libbe Skovgaard-Petersen, at CIP, on "Power-to-X", or P2X
In the 19th episode of Westwood’s Energy Transition Now podcasts, David Linden speaks with Tara Schmit, at Lloyds Banking Group, on "Financing the Energy Transition"
As part of its updated energy strategy to increase energy security and accelerate the energy transition, the UK is expected to increase its offshore wind targets, which currently stand at 40GW by 2030 and 100GW by 2050.