Climate

Carbon Emissions

Shell's 2020 Carbon Emissions Fall on the Back of Fuel Sales Drop

Shell said in its annual report that total emissions from its oil wells to forecourt fuel sales fell to 1.38 billion tonnes of carbon dioxide equivalent last ye…

Energy Transition

BP Exited Kazakh Oil Projects to Focus on Renewables Strategy

BP Plc abandoned three oil projects in Kazakhstan after it changed strategy to concentrate on renewable energy and its existing ventures.

Carbon Emissions

Chevron Sticks to Lower Budget Plans, Sets New Carbon Reduction Goals

U.S. oil major Chevron has reaffirmed its lower budget plans, doubled its savings estimate from the takeover of Noble Energy, and set new goals for reducing car…

Paris Climate Agreement

India on Track to Achieve Paris Agreement Targets Before 2030 Deadline, Modi Says

Opec+ decision to continue with output cuts will hurt consumers, according to India’s oil minister

Carbon Neutral

FedEx Commits to Carbon-Neutral Operations by 2040

FedEx Corp., home of the world’s largest cargo airline, has set a goal to achieve carbon–neutral operations globally by 2040.

Carbon Neutral

Nuclear Crucial to Japan Meeting Climate Goals, Says IEA

However, it warned the country must act quickly if it is to achieve its ambition of reaching carbon neutrality by 2050. The restart of its idled nuclear power r…

Carbon Emissions

China Draws up Plan for Carbon Emissions to Peak by 2030, to Take Active, Well-Ordered Steps to Develop Nuclear Energy

China will draw up an action plan for carbon emissions to peak by 2030 and take active and well-ordered steps to develop nuclear energy on the basis of ensuring…

Coal Mine

Video: Plan for UK's First Deep Coal Mine in 30 Years to be Reviewed

​Plans in the UK to build the first new deep coal mine in 30 years have brought criticism from climate-change activists.

Carbon Neutral

Japan on Track to Achieve 2030 Renewable Power Goal

Japan is on track to achieve its target for renewable power capacity installed by 2030, paving the way for its 2050 carbon neutral goal.

Energy Transition

Poland Sees Energy Transformation Costing $120 billion by 2045

Poland still generates most of its electricity from coal, but plans to reduce its share in power production amid rising carbon emission costs.

United Kingdom

London Unveils £12bn Infrastructure Bank

Institution based in Leeds will support projects that help meet the government's climate change goals

Poland

Polish Minister Looks to Nuclear

Poland is moving towards a low carbon economy with wind farms and nuclear energy as its two pillars, Polish Minister of Climate and Environment Michal Kurtyka s…

Climate Policy

Global CO2 Emissions Continue Upward Trend Despite Pandemic

Global energy-related carbon dioxide emissions fell by 5.8% in 2020, primarily due to the impact of the COVID-19 pandemic on travel and economic activities, acc…

Carbon Emissions

API Expected To Endorse Carbon Pricing

The American Petroleum Institute is set to unveil a declaration in which it endorses carbon pricing as a means of achieving the goals of the Paris Agreement on …

Net Zero Emission

UK 'Needs £350bn to Deliver Net Zero’

LCP report highlights scale of investment opportunities for private capital in renewables, hydrogen and storage