Praise for ‘pragmatic’ Norway as Europe’s biggest gas producer at ONS
Norway's role supporting Europe through its energy crisis and cutting emissions in Africa and India was credited to its positive support for its oil and gas industry.
Paris Agreement
Fossil fuel companies reap billions from arcane dispute clauses
Fossil fuel companies have claimed billions of dollars from countries through an arcane legal provision that could deter governments from imposing more stringent climate laws, according to a new report.
“We need an exit ramp off the highway to climate hell”, Guterres says
UN secretary-general Antonio Guterres called on Wednesday for a “windfall” tax on the profits of fossil fuel companies to help pay for the fight against global warming, calling them the “godfathers of climate chaos”.
Rising emissions levels is no laughing matter
About ten years ago the writer and New Yorker magazine cartoonist Tom Toro published his now famous cartoon showing three children and an adult around a campfire in the middle of a desert with the caption “Yes, the planet got destroyed. But for a beautiful moment in time we created a lot of value for shareholders.”
North Sea producing countries are falling short of 1.5°c climate goals
A recent report has outlined that North Sea oil and gas producing countries are not aligned with the Paris Agreement.
Overcoming the curse of Big Oil
A worrying aspect of the global energy transition now gathering pace is how impoverished countries with large oil and gas discoveries react to wealthy nation rhetoric telling them that they should kiss the chance of making $billions goodbye before they’ve even started harvesting the resource.
Shell Challenged on Net Zero After Fossil-Fuel Investment Boost
Legal & General Investment Management, the UK’s largest asset manager, said it wants Shell Plc to explain how it thinks it can still reach net zero emissions by 2050 while ratcheting up investments in fossil fuels.
World is ‘far from being on track’ to Paris goals says Equinor
Equinor says "The world is far from being on track" to meet the net zero goals laid out in the Paris Agreement.
Carbon abatement or CCS? The answer is both
Carbon capture and storage (CCS) has long been touted as part of the solution to reducing global greenhouse gas emissions.
Friends of the Earth lose appeal on Mozambique LNG
FoE has said the Mozambique LNG project may produce 4.5 billion tonnes of greenhouse gases. It complained the UK government had failed to evaluate or calculate these.
Climate action: The UK has fallen behind in 2022 and must make bold steps forwards in 2023
In 2015, we set the goal of limiting global warming to less than 1.5 degrees Celsius. However, the latest UNFCCC estimates show that we are far exceeding this limit.
As the cost of renewables has fallen rapidly, gas is no longer a viable bridging tool
In the last few months, gas’ role in the energy mix has been put under a microscope.
Investing in new fossil fuels is ‘moral and economic madness’ – UN chief
Investing in new fossil fuel production and power plants is "moral and economic madness", UN Secretary-General Antonio Guterres has warned.
Friends of the Earth vows to continue fight against UKEF on Mozambique LNG
A legal challenge by Friends of the Earth (FoE) to Mozambique LNG has split opinions among High Court judges.
Climate finance laws on the way for UK firms
Do you know how your company is going to reach net zero by 2050? If we are to achieve that aim, every single business is going to need to play its part.
New COP26 draft has surprisingly ambitious language on 1.5°C
The deletion of a single word in the latest draft of the climate deal being negotiated at the COP26 climate conference signals a surprisingly ambitious move to keep global warming below 1.5 degrees Celsius.
Countries urged to ‘pull out all the stops’ in last days of COP26 negotiations
Boris Johnson has urged countries to "pull out all the stops" to secure action to limit dangerous global warming in the final days of COP26.
‘Crucial’ to keep 1.5C temperature limit goal alive, warns chief scientist
It is crucial that the goal to limit temperature rises to 1.5C is kept alive, Sir Patrick Vallance has warned.
What did the Paris Agreement achieve and what can we expect of COP26?
Delegates from around the world are today arriving in Glasgow ahead of a two-week conference that will test the willingness of today’s world leaders to deliver on the promises they or their predecessors made in Paris six years ago.
Climate change sparks conflict warning
Climate change is set to warm the world, the US has warned, in more ways than one.
Progress towards a clean energy system ‘still far too slow’, warns IEA report
Progress towards a clean energy system is “still far too slow” to be compatible with net zero by 2050, a report has claimed.
COP26 President urges governments to dip into UK’s offshore wind expertise
A senior government figure has encouraged countries around the world to dip into the UK’s offshore wind knowledge.
‘Massive redirection’ of spending needed to hit Paris Agreement, says DNV
A “massive redirection” of spending from carbon-heavy investment into clean energy is needed if the Paris Agreement is to be reached.
Oil and gas majors told to prepare for ‘major production drop’ by 2030s
Oil and gas majors are being warned they must plan for a “major production drop” in order to hit the 1.5°C Paris Agreement target.
IPCC report ‘must sound a death knell’ for oil and gas, says UN head
An “alarming” new report setting out the impact of climate change on the planet should spell the end for oil and gas, according to a senior international figure.