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Oil and Gas Industry Needs to Step Up Climate Efforts Now
Oil and gas companies are facing a critical challenge as the world increasingly shifts towards clean energy transitions. Fossil fuels drive the companies’ near-term returns, but failure to address growing calls to...
European Investment Bank to Phase Out Fossil Fuel Financing
The European Investment Bank has agreed to phase out its multibillion-euro financing for fossil fuels within the next two years to become the world’s first ‘“climate bank”.The bank will end its financing...
Global Investment in Cutting Greenhouse Gases Fell by 11% in 2018
Investment in greenhouse gas emission reduction fell last year despite the growing urgency of the climate crisis, and the benefits of outlays were cancelled out by investments globally in fossil fuels and...
Berkeley Became First US City to Ban Natural Gas
Berkeley this week became the first city in the United States to ban natural, fossil gas hook-ups in new buildings.The landmark ordinance was passed into law on Tuesday, after being approved unanimously...
Cambridge University Agrees to Explore Fossil Fuel Divestment Plan
The former archbishop of Canterbury Rowan Williams has welcomed an “urgent change” by Cambridge University, after it agreed to provide fully costed plans setting out how it could divest multibillion-pound endowments from...
Farmers Interested in Biogas Plants
Unlike fossil fuels, biogas is a permanently renewable fuel, since it is produced from biomass. The use of biogas helps to improve the country’s energy balance and contributes to the conservation of...
Planned $4.9tn Oil and Gas Investment ‘Not Compatible with Climate Goals’
A planned investment of $4.9 trillion (£3.8tn) in new oil and gas exploration and extraction over the next decade is incompatible with international climate obligations.That’s according to new analysis by Global Witness,...
Decarbonisation ‘Could Leave Fossil-Fuel Economies Stranded’
Global decarbonisation could turn fossil fuel-reliant economies into ‘stranded nations’ unable to unlock the value of carbon-based assets and infrastructure.
These are the findings of a new World Economic Forum study, which shows...
U.S. Oil and Gas Industry Is Drilling Us Towards Climate Disaster
As the 116th Congress commences, in the wake of dire reports from climate scientists, the debate over U.S. climate policies has taken a welcome turn towards bold solutions. Spurred on by grassroots pressure from Indigenous communities, the...
600+ Environmental Groups Urge Congress to Phase Out Fossil Fuels
On Thursday more than 600 environmental groups called on the U.S. House of Representatives to pursue ambitious climate legislation that matches the scale and urgency of the climate crisis.The groups' letter calls for a thoughtful...
Fossil Fuels and Climate Denial Still Reign in Louisiana Despite Scientists’ Dire Warnings
Louisiana is ground zero for the devastating impacts of climate change. Even though the state is already feeling the costly impacts to life and property due to extreme weather and an eroding coastline linked to...
UN: We Must End All Subsidies for Fossil Fuels
To keep voters and consumers happy, governments around the world spend between $160 billion and $400 billion each year on subsidies for the production and use of coal, oil and gas. The...
Upstream Oil and Gas Emissions Shot up 7% in 2017
Oil & Gas UK says this makes up around 3% of the country’s entire greenhouse gas emissions.Total emissions from upstream oil and gas operations in the UK increased by 7% to 15.7...
Climate-Heating Greenhouse Gases at Record Levels, Says UN
Carbon dioxide, methane and nitrous oxide are far above pre-industrial levels.The main greenhouse gas emissions driving climate change have all reached record levels, the UN’s meteorology experts have reported.
Carbon dioxide, methane and...
UK Renewable Energy Capacity Surpasses Fossil Fuels for First Time
Renewable capacity has tripled in past five years, even faster growth than the ‘dash for gas’ of the 1990s.The capacity of renewable energy has overtaken that of fossil fuels in the UK...
Greenpeace Report: Europe Has 10 Years Left to Ditch Fossil Fuel Cars
Europe must phase out the sales of new gasoline- and diesel-fueled cars by 2028 if it wants to live up to its Paris climate agreement emissions-reduction pledges, according to new research by...