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Report: China Risks Wasting $500bn On Unneeded Coal Plants
China is at risk of wasting almost half a trillion dollars on new coal plants which could quickly become stranded assets as a result of the country’s pursuit of a lower carbon economy. That is the conclusion of a new…
IEA Executive Director receives Carnot Prize from the University of Pennsylvania
Dr Fatih Birol, the Executive Director of the International Energy Agency, was awarded the second annual Carnot Prize from the Kleinman Center for Energy Policy at the University of Pennsylvania’s School of Design for his “distinguished contributions to energy policy.”…
Gazprom and Russian producers of pipes and steel sign scientific and technical cooperation programs
Two scientific and technical cooperation programs for the period 2016 through 2021 were signed few days ago at the Gazprom headquarters, with one program inked by Gazprom, Magnitogorsk Iron & Steel Works, and TMK, and the other by Gazprom, Magnitogorsk…
Costa Coffee Launches In-Store Cup Recycling Scheme
The UK’s largest coffee chain Costa Coffee is to launch a recycling scheme in all of its stores to ensure that as many as possible of its own takeaway cups – and those from its competitors – are recycled. In…
Finland Set to Become First Country in the World to Ban Coal
The Finnish government has announced plans to stop using coal, one of the the dirtiest fuels on the planet, by 2030. “Finland is well positioned to be among the first countries in the world to enact a law to ban…
Mayor of Vienna receives OPEC Secretary General
HE Michael Häupl, Mayor of the City of Vienna, received OPEC Secretary General, HE Mohammad Sanusi Barkindo, on Thursday, 24 November 2016, during a courtesy visit to Vienna City Hall (the Wiener Rathaus). The Mayor welcomed the Secretary General, congratulating…
Finland Reveals Plans To Wipe Out Coal Use By 2030
Within the next fifteen years coal will have no place in the Finnish energy system, according to a new climate plan released yesterday by the Finnish government which sets out a roadmap towards the country’s long-term goal of carbon neutrality.…