Electric Cars Pose ‘Resoundingly Negative’ Threat to Oil Companies: Analyst Fitch
So far, though, the oil industry hasn’t seemed to give plug-in electric cars much attention. ExxonMobil and OPEC have both predicted that, even by 2040, electric cars will make up less than 10 percent of global new-car sales. But a…
Gas: Use EU Storage Capacity Efficiently and Forge Trade Partnerships, Urge MEPs
The EU strategy for liquefied natural gas (LNG) must make energy supplies more secure, cut carbon emissions and deliver affordable prices say MEPs in a resolution voted on Tuesday. Parliament calls on the EU Commission to aim to reduce the…
UN Environment Finance Initiative’s Global Roundtable Kicks off in Dubai
H.E. Dr. Thani Ahmed Al Zeyoudi, Minister of Climate Change and Environment, inaugurated the UN Environment Program Finance Initiative’s 14th Global Roundtable event, hosted by the United Arab Emirates, represented by the Ministry of Climate Change and Environment and in…
Humans Create Carbon Emissions which Spawn Australia’s Extreme Weather – Report
Carbon emissions from human activities have driven significant changes to the climate in Australia, including about 1C of warming and an increase in extreme hot days and fire weather, according to the latest State of the Climate report released by…
Dong Energy Considers Sale of Oil and Gas Assets to Focus on Windfarms
The biggest windfarm operator in the UK is considering selling its oil and gas business, four decades after it was set up to manage Denmark’s North Sea oilfields. Dong Energy, which is majority owned by the Danish government, said it…
Mexico’s Energy Reform Is Set to Revitalise an Ailing Sector and Boost the Economy, IEA Report Says
Mexico’s wide-ranging energy reform, which began in 2013, is expected to reverse the country’s declining oil production, increase the share of renewables in the power sector, and slow the growth in carbon emissions, providing a solid foundation for robust economic…
Urbanization: The Historical Cause of Low Oxygen Conditions in European Lakes
A new study shows that hypoxia, i.e. low oxygen conditions, in European lakes started in 1850, becoming more widespread after 1900, long before the use of chemical fertilizers and climate change. A Canadian and European research team has identified urban…