Just weeks after hosting the COP26 summit, and despite still holding the COP Presidency, Boris Johnsonâs government has given the go ahead for the Abigail oil and gas field off the east coast of Scotland.
1.5C
Exxonâs 2050 net zero pledge dismissed as âgreenwashingâ and âgaslightingâ
ExxonMobil is a company that for decades has done more than any other to spread climate denial. But now the climate laggard wants you to believe it is becoming a climate champion.
Half of worldâs fossil fuel assets could become stranded by mid 2030s
Scientists are warning that âlarge quantities of fossil fuel reserves and resources are likely to become âunburnableâ or stranded if countries around the world implement climate policies effectively”. And up to half the world’s fossil fuel assets could be stranded by the mid 2030s
Will Norway’s new government act on the need to phase out oil and gas?
The Parliament election in Norway, Europeâs largest oil and gas producer, ended up securing support for a shift in Government, from today’s Conservative-coalition government to a Labour-coalition government. Talks and negotiations are happening over the next weeks, and one of the biggest issues is the future of the Norwegian oil and gas industry. Will Norway’s new government pass a more restrictive oil and gas policy?
IEAâs first 1.5°C model closes the door on new fossil fuel extraction
The IEA has consistently boosted new oil and gas development. Now it’s backing up the global call to stop the expansion of fossil fuel extraction.
At Net Zero Summit, IEA receives clear call to put 1.5°C at heart of the WEO
At todayâs IEA-COP26 Net Zero Summit, International Energy Agency director Dr. Fatih Birol again asserted that his agency âwill provide a roadmap for the world to be in line with 1.5 degrees Celsius,â yet stopped short of saying it will be central in the upcoming WEO.
Global Climate Groups Issue Guidance to Financial Institutions on Aligning with Paris Agreement Goals
A global set of 60 climate and rights groups has issued a set of “Principles for Paris-Aligned Financial Institutions” to offer a roadmap for the decarbonization of the finance sector on a timetable aligned with the Paris Agreement.
Principles for Paris-Aligned Financial Institutions: Climate Impact, Fossil Fuels, and Deforestation
Sixty climate and human rights groups from around the globe have issued a set of “Principles for Paris-Aligned Financial Institutions” to offer a roadmap for the decarbonization of the finance sector on a timetable aligned with the Paris Agreement.