Climate Change The New Economy
Climate Change, Environment
UN Climate Change Executive Secretary Patricia Espinosa today called on oil producing countries to make the challenging but necessary transition to renewable energy in order to enable a low-carbon future and prevent the worst ravages of climate change, which include ever more severe and frequent droughts, flooding and storms caused
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Every so often it’s helpful — and by helpful I also mean traumatic, so buyer beware — to pull the lens back and take a look at the big picture on climate change and what’s necessary to avert its worst consequences. In the journal Nature, journalist Jeff Tollefson recently offered that magisterial overview of
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New Zealand will no longer offer new permits for offshore oil and gas exploration, Prime Minister Jacinda Ardern announced Thursday "The whole world is going in this direction," Ardern said. "We all signed up to the Paris agreement that said we're moving towards carbon-neutrality, and now we need to act on it." The ban only affects future
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Oil, gas and thermal coal face varying challenges and degrees of risk in a climate-constrained future. This report looks at each of these fuels in turn with a focus on the upstream end of the value chain, comparing potential supply to a selection of different demand scenarios that result in
Read MoreGlobal energy investment down 8% in 2015 with flows signalling move towards cleaner energy A new IEA report – World Energy Investment 2016 – shows the electricity sector leading a broad reorientation of energy investment but warns more is needed to meet climate targets and address energy security concerns (London) — 14
Read MoreBerlin’s parliament voted Thursday to pull its money out of coal, gas and oil companies. The new investment policy, part of the German capital’s goal of completely weaning off carbon by 2050, will force the city’s pension fund — worth $852.8 million, or €750 million — to divest from shares of German
Read More3rd May 2016 If you’re the boss of BP, Chevron or Shell, how worried are you right now? 171 governments put pen to paper last week, formally signing the Paris Agreement on Climate Change. The New York event was an encouraging, albeit largely symbolic, confirmation of December’s commitment to limit temperature rises
Read MoreThe G20 nations have enjoyed the benefits arising from oil price volatility, but it’s clear that international partnerships remain a vital aspect of every nation’s energy policy The collapse of oil prices that began 18 months ago has prompted a considerable shift in the fortunes of many G20 nations and the
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