The Oil & Gas Industry Doesn’t Have a Bright Future

The oil and gas industry has been in a recession, effectively since the global financial crisis 11 years ago. Each year, production volumes have increased by more than global demand, meaning that the market has been in decline, with lower prices for crude oil and natural gas the natural result. …

Renewables Increasingly Beat Even Cheapest Coal Competitors on Cost

Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) published yesterday finds. Renewable Power Generation Costs in 2019 shows that more than half of the renewable capacity added in 2019 achieved lower power costs than …

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 …

World Failing to Provide Kids with a Healthy Life and a Climate Fit for...

As climate and commercial threats intensify, WHO-UNICEF-Lancet Commission presses for radical rethink on child health No single country is adequately protecting children’s health, their environment and their futures, finds a landmark report released today by a Commission of over 40 child and adolescent health experts from around the world. The …

Massive, Border-Spanning Campaign Needed to Combat Locust Upsurge in East Africa

Desert Locust swarms in Ethiopia, Kenya and Somalia – already unprecedented in their size and destructive potential – could swell exponentially and spill over into more countries in East Africa if efforts to deal with the voracious pest are not massively scaled up across the region, FAO warned today. “This …

Malaysia to Send Plastic Waste Back to UK and Other Foreign Countries

The Malaysian Government has ordered several thousand tonnes of imported plastic waste to be sent back to the countries it came from, including the UK and US. Environment Minister Yeo Bee Yin said Malaysia, along with many other developing countries, have become a dumping ground for rich nations, with much …

Saudi Arabia to Build 2.6GW Solar Plant near Mecca

Saudi Arabia has signed a deal for a 2.6GW solar farm to be built in the Makkah Region. The facility, which will be located near the holy city of Mecca, will supply electricity to Al Faisaliah city and the western parts of the country at times of peak demand, increasing …