oil
Oil, Gas Majors Spending 1.3% of Investment on Green Energy
New research suggests European firms are investing more on low carbon energy compared to their rivals in the US and Asia. Top oil and gas companies invested only around 1.3% of their total capital expenditure this year on clean energy. That’s according…
Planting More Trees Won’t Be Enough to Save the Planet
One way of mitigating the adverse effects of man-made climate change is to plant trees. The more trees there are, the more CO2 they absorb from the atmosphere, thereby alleviating the greenhouse effect because plants build their roots, stems and…
Great Lakes ‘at Risk’ from Plan to Replace Aging Enbridge Pipelines, Environmentalists Argue
The state of Michigan and Canadian pipeline company Enbridge announced a deal Wednesday to replace controversial aging pipelines that environmental groups worried put Lakes Michigan and Huron at risk for an oil spill, The Detroit Free Press reported. Under the new plan, the existing 65-year-old pipelines,…
Oil and Gas Giants Agree Target to Cut Methane Emissions
They aim to reduce emissions from upstream operations to below 0.25% by 2025. Thirteen of the world’s biggest oil and gas companies have agreed a first collective target to reduce methane emissions. They have announced a goal to cut methane intensity from their…
The Impact of Architecture on the Environment
In 1987, the World Commission on the Environment and Development defined sustainability as a process of meeting the present needs without compromising future generations and their needs. This definition can be expounded into three main aspects on which sustainability rests…
Egypt Set to Open Its First Solar Farm – and It’s the Largest in the World
Egypt has long relied on environmentally taxing fossil fuels. Over 90% of electricity is generated from oil and natural gas, and the country subsidizes fossil fuels, making them a cheap option for its 96 million citizens. However, Egypt’s government plans…
Croatian Firm Lent €130m for Efficient Heat and Power Units
A Croatian energy company has been granted loans totalling €130 million (£116m) for new electricity and heat co-generation units. HEP will replace outdated oil and gas-fired turbines and boilers with modern, efficient and environmentally friendly systems in the capital city…