oil
Ireland Becomes World’s First Country to Divest from Fossil Fuels
The Republic of Ireland will become the world’s first country to sell off its investments in fossil fuel companies, after a bill was passed with all-party support in the lower house of parliament. The state’s €8bn national investment fund will…
US and Russia ‘to Dominate Global Pipeline Expenditure to 2022’
The US and Russia will dominate global capital expenditure on planned oil and gas pipelines up until 2022. That’s according to data and analytics company GlobalData, which says the nations are set to spend an estimated $88.4 billion (£66.9bn) and…
New Zealand Bans New Offshore Oil and Gas exploration
New Zealand has announced a halt on any new oil and gas exploration in the country, in a surprise move hailed as “historic” development by environmental campaigners. Although there are 31 oil and gas permits currently granted in New Zealand,…
Global Carbon Emissions Rise for First Time Since 2014
Global carbon dioxide emissions from energy increased for the first time in 2017 after three years of remaining flat, the International Energy Agency (IEA) said Thursday, meaning the world remains far off course in curbing planet warming emissions. Carbon emissions…
ABB to Drive Digitalisation in Its Power Generation & Water Division with Collaborative Operations
ABB will now apply its industry-leading ABB Ability technologies to its Power Generation & Water division from a centre in Genoa, Italy. By opening its cloud-based platform through the new Collaborative Operations Centre, the Swiss tech leader will help customers…
Changes to National Monuments Could Benefit the Fossil Fuel Industry
On December 4, President Donald Trump announced plans to drastically reduce the size of two national monuments in Utah. “Some people think the natural resources of Utah should be controlled by a small handful of very distant bureaucrats located in…
The Study from The University of Washington Showed – Petite Poplars are the Future of Biofuels
In the quest to produce affordable biofuels, poplar trees are one of the Pacific Northwest‘s best bets – the trees are abundant, fast-growing, adaptable to many terrains and their wood can be transformed into substances used in biofuel and high-value…