- The Irish Times reports that Gas Networks Ireland is working on plans to buy Irish-produced renewable gas to meet some of its own needs, as a spokesperson for the company stated using biomethane in place of fossil fuel gas would aid the Republic’s efforts to cut carbon dioxide and other emissions. https://www.irishtimes.com/business/2024/06/07/gas-networks-ireland-weighs-up-domestic-biomethane-plan/
- Detailed by Silicon Republic, wind has undoubtedly remained an important part of Ireland’s energy grid, with the May Wind Energy report released over the weekend finding that wind energy supplied 35pc of Ireland’s electricity needs so far this year. https://www.siliconrepublic.com/innovation/wind-farms-energy-ireland-2024-cork-kerry
- Reported by The Irish Times, the Irish Academy of Engineering (IAE) have stated that Ireland should prepare for the possibility of using small modular nuclear reactors (SMRs) to achieve a zero-carbon energy system, which is a key part of decarbonising the Irish economy by 2050. https://www.irishtimes.com/environment/climate-crisis/2024/06/10/ireland-should-consider-small-nuclear-reactors-to-achieve-zero-carbon-energy-by-2050-engineers-think-tank-urges/
- According to RTé, oil prices have climbed over the weekend due to forecasted summer demand, as well as expectations of interest rate cuts were pushed out further following strong U.S. jobs data. Goldman Sachs analysts expect Brent to rise to $86 a barrel in third quarter. https://www.rte.ie/news/business/2024/0610/1453918-oil-climbs-on-hopes-of-summer-fuel-demand/
- Reported by The Guardian, far-right fossil fuel company allies are putting pressure on the US supreme court to shield firms from litigation in an unprecedented campaign. Some of the groups behind the campaign have ties to Leonard Leo, the architect of the right-wing takeover of the supreme court who helped select Trump’s supreme court nominees. Leo also appears to have ties to Chevron, one of the plaintiffs in the lawsuit. https://www.theguardian.com/us-news/article/2024/jun/09/fossil-fuel-allies-pressuring-supreme-court
- According to the Brisbane Times, Chinese automaker, BYD, are planning to expand and launch their range of electric vehicles into Australia, making EV’s more affordable for those living down under. https://www.brisbanetimes.com.au/national/chinese-automakers-plan-to-launch-electric-vehicles-in-australia-20240610-p5jkpb.html?ref=rss&utm_medium=rss&utm_source=rss_feed
- Reported by Bloomberg, car maker Volvo has started to shift their manufacturing of Chinese-made electric vehicles to Belgium, as the European Union prepares to impose tariffs on China-made EVs. The EU is expected to tell EV makers in China as early as this week on whether it will impose provisional tariffs from July 4 that would boost import duties above the current level of 10%. https://www.bloomberg.com/news/articles/2024-06-09/volvo-shifts-ev-production-from-china-to-belgium-times
