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THE CIRCULAR ECONOMY IN THE OIL INDUSTRY: REDUCTION OF RAW MATERIALS, WASTE AND EMISSIONS
According to the official data posted on the website of the European Parliament, 2.2 billion tonnes of waste are generated in the European Union each year. More than a quarter of it...
Urgent action to cut methane emissions from fossil fuel operations essential to achieve global climate targets
Decisive, far-reaching efforts to cut methane emissions from fossil fuel production and use must go hand-in-hand with decarbonisation of our energy systems to limit global warming to 1.5 °C, according to a...
Lagging policy support and rising cost pressures put investment plans for low-emissions hydrogen at risk
Momentum behind low-emissions hydrogen continues to grow despite the slow roll-out of financial incentives and stubborn cost pressures that threaten to delay projects, a new IEA report says today. But production levels...
Stronger international cooperation in high emissions sectors crucial to get on track for 1.5°C climate goal
Insufficient progress in transitions to clean technologies and sustainable solutions over the past year highlights the need for strong and targeted international collaboration in high emissions sectors to deliver transitions that are...
SUSTAINABLE BUSINESS, CLIMATE PROTECTION AND REDUCTION OF CO2 EMISSIONS AT THE TOP OF OMV’S AGENDA
With headquarters in Belgrade and a network of 63 petrol stations throughout Serbia, OMV Serbia strives daily to spread good energy with its quality products and services, as well as by carrying...
CO2 emissions from EU territorial energy use: -2.8 percent
According to Eurostat estimates, in 2022, the EU carbon dioxide (CO2) emissions from fossil fuel combustion (oil and oil products, natural gas, coal and peat) for energy use in the EU territory...
Power-sector Emissions are Set to Fall in 2022. – Thanks to Renewable Energy
Since Russia’s invasion of Ukraine triggered an unprecedented global energy crisis, the world has been turning to other sources of power, besides oil and gas, to meet demand.
Renewable energy has seen a...
How do Countries Measure Greenhouse Gas Emissions?
With the 2022 Emissions Gap Report due to be released in October this year ahead of the United Nations Climate Change Conference (COP27) in Egypt, the focus is on how fast countries...
The World Needs More Diverse Solar Panel Supply Chains to Ensure a Secure Transition to Net Zero Emissions
Ensuring a secure transition to net zero emissions will require increased efforts to expand and diversify global production of solar panels whose global supply chains are currently heavily concentrated in China, the...
UK Government Boosts Space Tech Funding To Cut Carbon Emissions And Improve Energy Security
Funding for pioneering new space technologies will help to cut carbon emissions, improve energy security and enhance the UK’s reputation as a science superpower, the Business and Energy Secretary Kwasi Kwarteng announced...
Global CO2 Emissions Rebounded to Their Highest Level in History in 2021
Increased use of coal was the main factor driving up global energy-related CO2 emissions by over 2 billion tonnes, their largest ever annual rise in absolute terms.
Global energy-related carbon dioxide emissions rose...
It’s Time to Shift to Net-Zero Emissions Plastics
There are two sides to everything - and that goes for plastics, too.Let's start with the positive side. Plastics shape and facilitate the whole of modern life. They are found in everything...
Global SUV Sales Set Another Record in 2021, Setting Back Efforts to Reduce Emissions
As the global economy has recovered strongly this year, car sales have rebounded too. Globally, they are set to grow by 4 percent in 2021, according to the auto industry tracker MarkLines,...
Car Leasing and Rental Company Plans to Cut Fleet’s Carbon Emissions by a Quarter by 2025
The European Bank for Reconstruction and Development (EBRD) is investing EUR 10 million in a EUR 48 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental company.
This is Romania’s...
Nature Investment Accelerator Invites Corporates to Slash 1Gt Emissions Annually
- Leading companies launch a campaign to increase private sector investment in natural climate solutions (NCS) to the tune of 1 Gigatonne (Gt) of emission reductions per year by 2025
- Under current...
Climate Action in Agribusiness Could Reduce Emissions by up to 7 percent
Targeted action in agriculture could have a massive impact on climate change, according to a joint brief by the European Bank for Reconstruction and Development (EBRD) and the Investment Centre of the...
