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Methane Emissions from US Industry ‘100 Times Higher Than Reported’
Methane emissions from US industry are up to 100 times higher than commonly reported. That’s the conclusion reached by researchers from Cornell University and the Environmental Defense Fund, who used a Google Street View car equipped with a methane detector…
Clean Energy Transition ‘Will Be Harder and Costlier Without Nuclear’
The transition to a clean energy economy will be much harder and more costly without nuclear power. That’s according to a new report from the International Energy Agency (IEA), which suggests four billion tonnes of additional carbon emissions could be…
Norway Approves Extension to Giant Oil Field
Authorities in Norway have formally approved the development and operation of the second phase of the giant Johan Sverdrup oil field. Developer Equinor says the extension to the field, with planned start-up in 2022, will increase production from 440,000 barrels…
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 fossil fuel corporations. The university’s management accepted a…
ExxonMobil Signs Deal to Explore 28,000 sq km in Offshore Namibia
ExxonMobil has signed a deal for new oil and gas exploration across 28,000 square kilometres in Namibia. The energy giant made the agreement with the Namibian Government and the National Petroleum Corporation of Namibia (NAMCOR) for blocks 1710, 1810, 1711…
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, which claims any fossil fuel production and…
Shell to Invest $300m to Offset Carbon Emissions
Royal Dutch Shell has committed to invest $300 million (£230m) over the next three years in projects that help offset carbon emissions. It will fund large-scale forest projects in Indonesia, Peru and the US as part of its strategy to…