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Repsol will end pursuit of oil and gas growth and chase energy transition instead

15 May 2018jeremyl News The Spanish oil company “is the first among its peers” to do this, Bloomberg reports. Production will be limited to around current levels: around 700,000 to 750,000 barrels of oil equivalent a day. Reserves will be maintained at 8 years – less than the industry average. Dong (Danish OIl and

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Banking on Sunshine: World Added Far More Solar Than Fossil Fuel Power Generating Capacity in 2017

  Solar energy dominated global investment in new power generation like never before in 2017. The world installed a record 98 gigawatts of new solar capacity, far more than the net additions of any other technology – renewable, fossil fuel or nuclear. Solar power also attracted far more investment, at $160.8 billion, up

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To finance the energy transition, EU leaders must restore their ambition

The investment case for low-carbon energy is strong: increased economic growth and jobs, reduced transition risks, and the most cost-effective pathway to realising the goals of the Paris Agreement. Why, then, are EU energy ministers so reluctant to provide the legislative framework required to shift the trillions? writes Stephanie Pfeifer. Stephanie

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100% Renewable Energy Worldwide Isn’t Just Possible—It’s Also More Cost-Effective

Transitioning the world to 100 percent renewable electricity isn't just some environmentalist pipe dream—it's "feasible at every hour throughout the year" and is more cost-effective than the current system, which largely relies on fossil fuels and nuclear energy, a new study claims. The research, compiled by Finland's Lappeenranta University of Technology (LUT) and the Berlin-based nonprofit Energy Watch Group (EWG), was

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