Oil and gas companies are facing a critical challenge as the world increasingly shifts towards clean energy transitions. Fossil fuels drive the companies’ near-term returns, but failure to address growing calls to reduce greenhouse gas emissions could threaten their long-term social acceptability and profitability. The oil and gas industry now …
The eyes of the entire world are on France when it comes to combating climate change, not only because of the 2015 Paris Agreement, which pledged this country to reduce greenhouse gas emissions to zero by 2050. Not a day goes by without some environmental news from France getting around …
Although it was evident at the beginning of the second half of the last century that significant changes in the climate system could be expected and that these changes would have an adverse impact on society and the living world, it seems that these predictions about possible problems in the …
Centre for energy efficiency and sustainable development – CEEFOR ENERGY EFFICIENT SOLUTION as the company devoted to the development of projects, implementation of energy efficiency measures and renewable energy sources in the Balkans, became a partner to Elektroprivreda Srbija (EPS) in construction of the “Kostolac” wind farm. In the plain …
Pursuing economic growth at the expense of the environment is no longer an option as Europe faces “unprecedented” challenges from climate chaos, pollution, biodiversity loss and the overconsumption of natural resources, according to a report from Europe’s environmental watchdog. Europe was reaching the limits of what could be achieved by …
The European Investment Bank has agreed to phase out its multibillion-euro financing for fossil fuels within the next two years to become the world’s first ‘“climate bank”. The bank will end its financing of oil, gas, and coal projects after 2021, a policy that will make the EU’s lending arm …
The term evolution, referring to a gradual and continuous social development, is often used as a total opposite to the term revolution, which brings sudden and dramatic shifts of the existing system. However, their meanings could be united in the energy transition – a process of phasing out dirty energy …
