BP to Cut Oil Production 40% by 2030, and Invest Billions Into Green Energy

bp today introduces a new strategy that will reshape its business as it pivots from being an international oil company focused on producing resources to an integrated energy company focused on delivering solutions for customers. Within 10 years, bp aims to have increased its annual low carbon investment 10-fold to …

Clean Energy at the Heart of Stimulus Plans to Counter the Coronavirus Crisis?

The impact of the coronavirus around the world and the resulting turmoil in global markets are dominating global attention. As governments respond to these interlinked crises, they must not lose sight of a major challenge of our time: clean energy transitions. The coronavirus is turning into an unprecedented international crisis, …

Unprecedented Momentum for Green Hydrogen

Hydrogen from renewable energy could play a central role in the global energy transformation, the latest report by the International Renewable Energy Agency (IRENA) finds. ‘Hydrogen: a renewable energy perspective’ estimates that hydrogen from renewable power, so called green hydrogen, could translate into 8 per cent of global energy consumption …

solarni panel

Investing in Renewable Energy Better Than Pouring Money into Carbon Capture

“We’ll science our way out of global warming.” We hear that all the time from people who don’t quite believe climate change is real and that burning fossil fuels is the cause. Better to wait until the seas close over Miami than to waste time, money, and effort on dealing …

IEA: Global Carbon Emissions Hit Record High in 2018

Global energy-related carbon dioxide (CO2) emissions hit a new record last year, with an increase of 1.7% globally. That was a result of higher energy consumption, which grew by 2.3% – nearly twice the average rate of growth since 2010, according to latest figures from the International Energy Agency (IEA). …

Scientists Can Now Turn Atmospheric CO2 Back into Coal

Through burning vast amounts of fossil fuels over the decades, we’ve pumped so much CO2 into the atmosphere that even if we had stopped burning any more at all, the planet’s climate would still be changing irrevocably. And it’s not as if we are going to stop burning yet more …

We Have 12 years to Limit Climate Change Catastrophe, Warns UN

The world’s leading climate scientists have warned there is only a dozen years for global warming to be kept to a maximum of 1.5C, beyond which even half a degree will significantly worsen the risks of drought, floods, extreme heat and poverty for hundreds of millions of people. The authors …