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Energy
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…
Australia’s Capital Cities Face Water Restrictions as Dams Near 50%
Sydney, Darwin, Brisbane and Melbourne are all facing the prospect of dams below 50% capacity after low rainfall and high temperatures across the country. In Sydney, inflows are at their lowest since 1940. Greater Sydney’s 11 dams were at a…
Could a New Solar Technology Prove as Groovy as It Sounds?
Could a new solar technology prove as groovy as it sounds? A team of researchers from the University of Sheffield have worked with energy technology firm Power Roll to create an innovative new solar-cell design they say can push up…
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…
EU Approves Lithuania’s €385m Renewable Energy Scheme
The European Commission has approved a €385 million (£333m) scheme to support electricity production from renewable energy sources in Lithuania. The government intends to introduce the new aid scheme in May for the installation of renewable sources such as wind,…
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…
Solar Panel Demand ‘Pushing Up Price of Silver’
Rising demand for solar panels is pushing up the price of silver around the world. That’s the verdict from a new study conducted by researchers from the University of Kent, which warns this could lead to the cost of producing…