The UK government has set a target of net-zero carbon emissions by 2050 which is now enshrined into law.
Read More »Eden Project Lands £16.8m for Geothermal Energy
The finance from the European Union. Cornwall Council and an institutional investor will allow the first phase of the project to begin.
Read More »UK Renewables Generate More Power than Fossil Fuels for Entire Quarter
A new report from Carbon Brief notes this is the first time this has happened in the history of the UK’s energy sector.
Read More »Development Banks Cutting Renewable Investment Despite Climate Crisis
Christian Aid says institutions such as the World Bank are not in line with the Paris Agreement goal of keeping global heating to 1.5°C.
Read More »EU’s Lending Arm Delays Vote on Limiting Fossil-Fuel Financing
The European Investment Bank stopped short of agreeing a strategy to limit funding for fossil fuels. a plan that would help step up Europe’s ambition to fight climate change.
Read More »Oil Short-Selling More Than Doubles Despite Mideast Risks
Oil short-selling has more than doubled in three weeks. with attacks on oil facilities and tankers unable to push prices higher for very long.
Read More »Noia Fall Seminar Points to Bright Future for Canadian Offshore Exploration
Keating summarized what’s coming as a bow wave of investment as eight oil companies. with 10 exploration plans. begin exploration programs in frontier areas of the offshore.
Read More »OPEC. Allies to Sustain Oil Market Stability beyond 2020
Compliance with production quotas among OPEC and its allies is at 136%.
Read More »US Imposes New Sanctions on Turkey over Syria Offensive
Trump called for an immediate ceasefire as Turkish troops move further into Syria.
Read More »Shipping Costs Soar as LNG Vessels Drop Out of Service
The cost of chartering a liquefied natural gas vessel on the short-term market has jumped the most since at least 2013.
Read More »