Oil Price Volatility Will Give a Boost to Renewables

Everyone loves low prices, but what the business community values most of all is predictability. The recent volatility in global oil markets — spearheaded by a fight to the death between Saudi Arabia and Russia — has sent the price of oil plunging to lows not seen in years. You …

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, …

This Is What We Can Really Do About Climate Change, Says New Report

It’s not too late to stop climate change. According to new research, decarbonizing fast enough to stabilize the climate and fast-track the planet to net-zero rests on all of us changing how we think and act – and doing it fast. The report, published in Proceedings of the National Academy …

Oil and Gas Industry Needs to Step Up Climate Efforts Now

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 …

World’s Consumption of Materials Hits Record 100bn Tonnes a Year

The amount of material consumed by humanity has passed 100bn tonnes every year, a report has revealed, but the proportion being recycled is falling. The climate and wildlife emergencies are driven by the unsustainable extraction of fossil fuels, metals, building materials and trees. The report’s authors warn that treating the …