nafta

Planned $4.9tn Oil and Gas Investment ‘Not Compatible with Climate Goals’

A planned investment of $4.9 trillion (£3.8tn) in new oil and gas exploration and extraction over the next decade is incompatible with international climate obligations. That’s according to new analysis by Global Witness, which claims any fossil fuel production and use from fields not yet in operation or development will …

Decarbonisation ‘Must Accelerate to Stay in Line with Paris Agreement’

The shift towards a low carbon energy system must accelerate to stay in line with the goals outlined in the Paris Agreement. That’s the verdict offered in a new report from the International Renewable Energy Agency (IRENA), which suggests this is vital to keep the rise in average global temperatures …

Shell to Invest $300m to Offset Carbon Emissions

Royal Dutch Shell has committed to invest $300 million (£230m) over the next three years in projects that help offset carbon emissions. It will fund large-scale forest projects in Indonesia, Peru and the US as part of its strategy to act on climate change and will contribute to the energy …

Sidnej-Australija

City Of Sydney Announces 100% Renewable Energy Target

The City of Sydney, on Australia’s east coast, announced last week that it intends to further cut its greenhouse gas emissions by transitioning to 100% renewable energy to meet all its electricity needs starting next year. Sydney had already set significant climate targets for itself, including a 50% renewable electricity …

EU Grants €6m for Energy Efficient Solutions

An investment totalling €4 million (£3.4m) has been granted for further development of energy efficiency services and renewable energy solutions in Europe. Resalta offers tailored energy efficiency solutions to public and private organisations through the Energy Service Company (ESCO) model, covering everything from project design, implementation, operations and maintenance to …

Let Nature Heal Climate and Biodiversity Crises, Say Campaigners

The restoration of natural forests and coasts can simultaneously tackle climate change and the annihilation of wildlife but is being worryingly overlooked, an international group of campaigners have said. Animal populations have fallen by 60% since 1970, suggesting a sixth mass extinction of life on Earth is under way, and …