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Holding the oil and gas sector accountable to methane promises
Much of the world has felt the sting of climate change this year although, as ever, the poor and vulnerable have suffered the most. This climate chaos has arrived at estimated global average temperatures of 1.4°C above pre-industrial levels. According…
Warming, acidification, dropping oxygen levels threaten Europe’s seas
The EEA briefing ‘How climate change impacts marine life’ summarises how increasing levels of greenhouse gas emissions in the atmosphere are affecting marine ecosystems in Europe. Supporting the review of the EU Marine Strategy Framework Directive, the EEA briefing further…
The shift to the green economy leads to big and small transitions
The global shift to net zero will require major structural changes in economies, as well as extensive change in daily lives. The scale of the transition is unprecedented: from the rush to source critical raw materials to the reconfiguration of…
The oil and gas industry faces a moment of truth and an opportunity to adapt
Oil and gas producers face pivotal choices about their role in the global energy system amid a worsening climate crisis fuelled in large part by their core products, according to a major new special report from the IEA that shows…
ABB signs 500 million euros EIB financing to further drive smart and sustainable electrification technologies
ABB and the European Investment Bank (EIB), the lending arm of the European Union, have signed a 500 million euros financing agreement to support ABB’s research and development in its Electrification business area. Global demand for electricity is growing 10…
Commission welcomes agreement between European Parliament and Council on Nature Restoration Law
The Commission welcomes the provisional agreement just reached between the European Parliament and the Council on the Nature Restoration Law. Once adopted and applied in the EU Member States, the law will be a key contribution to reaching climate neutrality…
DEVELOPING ELECTROMOBILITY AS VOLVO’S PRIORITY
Modern society is completely reliant on transport modes that cover long distances in a short time. Considering that traffic represents one of the most important sources of environmental pollution, it is not surprising that around 60 per cent of all…