Pollution

Could Exxon Be … Running Out Of Cash?!

By |2020-09-20T09:14:40+00:00September 26th, 2020|News, Pollution, Power Generation, Renewable Energy|

Could Exxon be running out of cash? This question stems from an article by Yahoo! Finance that reported on ExxonMobil Corp facing a $48 billion shortfall through next year, which are Reuters and Wall Street estimates. This number was calculated by using cash from operations, commitments to shareholder payouts, and costs for Exxon’s planned massive

World’s richest 1% cause double CO2 emissions of poorest 50%, says Oxfam

By |2020-09-27T11:22:28+00:00September 3rd, 2020|Energy and Climate Change, News, Pollution|

Charity says world’s fast-shrinking carbon budget should be used to improve lot of poorest The wealthiest 1% of the world’s population were responsible for the emission of more than twice as much carbon dioxide as the poorer half of the world from 1990 to 2015, according to new research. Carbon dioxide emissions rose by

How a ‘flexible’ power system will be key for the UK to meet net-zero targets

By |2020-08-12T15:51:26+00:00August 17th, 2020|Energy and Climate Change, News, Pollution, Renewable Energy|

After enduring a difficult few months for power supply and demand, questions about the UK’s ability to meet ambitious 2050 net-zero targets have been raised. We learn about future challenges, the Flexibility in Great Britain project and how a “flexible” energy system might be the answer. With the removal company booked and boxes almost

Over a thousand locations in England breached air pollution limits before lockdown

By |2020-08-12T15:39:00+00:00August 14th, 2020|Energy and Climate Change, News, Pollution|

A data audit by Friends of the Earth based on pre-lockdown information has revealed 1,360 sites across England that have breached the annual Air Quality Objective for Nitrogen Dioxide (NO2) levels. Areas in West Dorset, Sheffield and Brighton have all been highlighted as some of the worst locations for NO2 levels in England. Friends

“Historic moment” as BP writes-off billions of reserves as stranded assets

By |2020-06-23T21:52:02+00:00June 26th, 2020|Energy and Climate Change, News, Pollution, Power Generation|

When you have been writing about the oil industry for decades, it is easy to slip into hyperbolic language when significant events happen. But yesterday was one of these moments. For years, climate activists have been warning Big Oil and their loyal investors that there would come a time when their most prized assets,

European residents don’t want to see a return of pre-Covid air pollution levels

By |2020-06-23T21:36:15+00:00June 24th, 2020|Electric Vehicles, Energy and Climate Change, News, Pollution|

A majority of urban residents across Europe do not want to see air pollution return to pre-Covid-19 levels and support changes in transport to protect clean air, according to a YouGov opinion polling in 21 European cities. Levels of air pollution from traffic and other sources plummeted when countries imposed pandemic lockdown measures. Data

Coronavirus crisis could cause $25tn fossil fuel industry collapse

By |2020-06-16T15:36:51+00:00June 16th, 2020|Coronavirus, Energy and Climate Change, News, Pollution|

Value of reserves could fall by two-thirds as Covid-19 hastens peak in demand, study shows The coronavirus outbreak could trigger a $25tn (£20tn) collapse in the fossil fuel industry by accelerating a terminal decline for the world’s most polluting companies. A study has found that the value of the world’s fossil fuel reserves could

UK Doubled Its Support for Fossil Fuels Since Signing Paris Agreement

By |2020-06-10T08:54:51+00:00June 12th, 2020|Energy and Climate Change, News, Pollution, Power Generation|

In the three years after countries signed the landmark Paris Agreement, the UK nearly doubled its public finance support for fossil fuel projects. A new report shows the UK spent an average of £1.3 billion annually on the projects since countires agreed the climate deal. In contrast, in the same period to the end

Electric vehicles could be as disruptive to oil industry as coronavirus, Suncor CEO says

By |2020-06-10T08:47:47+00:00June 10th, 2020|Coronavirus, Electric Vehicles, Energy and Climate Change, News, Pollution|

The shift to electric vehicles and other low-carbon technologies could disrupt crude oil demand on a similar scale to the coronavirus pandemic, Suncor Energy Inc’s chief executive said on Monday. The comments are a stark prediction in an industry that frequently downplays the impact of electrification and points to forecasts of rising global oil

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