Decarbonisation conference lauds progress, but warns UK could soon ‘lag behind’ global leaders
Over 200 energy industry leaders gathered in Aberdeen today as Offshore Energies UK (OEUK) held its first ever decarbonisation conference.
carbon emissions
NSTA proposes new plan amid concerns electrification goals will be missed
The UK’s offshore regulator is consulting on new plans to drive upstream electrification, warning producers that failure to invest could affect its granting of future consents.
World’s no. 1 stock owner calls out big oil as carbon levels go up
A senior executive at Norway’s sovereign wealth fund, which owns a larger share of global stocks than any other investor, says Big Oil’s transition strategy isn’t holding up as carbon emissions continue to rise.
Lego to keep using oil-based materials as it looks for sustainable alternative
The world-famous Danish toy brand Lego will continue to use oil-based plastics in its signature bricks as it found the alternative caused higher carbon emissions.
China won’t rush its clean energy transformation, Xi says
President Xi Jinping has promised a slow and steady end to the growth of planet-warming emissions in China, with energy security taking top priority as the country contends with a flagging economy and tumult on global fuel markets.
How low can we make carbon emissions go?
How low can we make carbon emissions go? At Equinor, we plan to send them 1km below the seabed. Carbon emissions from the Humber and Teesside regions will be captured and safely stored beneath the North Sea. See how we’re accelerating the UK energy transition at equinor.co.uk.
Neptune Energy to go ‘beyond net zero’ by 2030
Neptune Energy has announced it aims to store more carbon than it emits from its operations and the products it sells by 2030.
COP26 carbon footprint expected to be twice that of previous summit
COP26 is expected to have a carbon footprint twice as large as the previous summit on climate change, making it the most carbon-intensive summit of its kind.
Boris Johnson in appeal to G20 leaders to cut carbon emissions
Boris Johnson will urge leaders of the world's biggest economies to make good on their commitments to cut damaging carbon emissions ahead of crucial climate changes talks in Glasgow.
Wood Mackenzie – CCS could have ‘material impact’ on LNG emissions
Carbon capture and storage (CCS) could have a “material impact” on the carbon emissions of liquefied natural gas (LNG) projects, according to analysts.
Oil and gas: a risky business
Oil and gas faces an existential crisis as global efforts to reduce carbon emissions gather strength and pace. In this new paradigm, definition and assessment of risk is critical.
Emissions could hit new record by 2023 without more green spending
Less than 15% of the $2.4 trillion in government spending to support the post-pandemic economic recovery has gone to investments in clean energy, according to the International Energy Agency.
Is it time to address your Net Zero Strategy?
The UK government has announced that UK carbon emissions are to be cut by 78% by 2035. Achieving this requires businesses of all sizes to make substantial changes in reducing their emissions and offsetting what cannot practicably be reduced.
Cheniere aims for carbon accountability on LNG cargos
Cheniere Energy has set out plans to provide greenhouse gas emissions data from its LNG cargoes as of 2022.
‘We don’t mind taking skin in the game’: Maersk Drilling on future deals in crisis-hit sector
The chief operating officer of Maersk Drilling thinks companies like his taking “skin in the game” will be the future of the sector, moving away from commercial deals that put most of the risk on operators.
Polluters make some net-zero progress, Climate Action 100+ says
Three years after some of the world’s biggest investors joined forces to pressure the largest producers of greenhouse gases to cut emissions, about half of them have made net-zero commitments.
Holyrood praised for ‘raising the stakes’ in fight against climate change
The Scottish Government has been praised for “raising the stakes” in the fight against climate change after it published updated proposals to slash carbon emissions.
‘CCUS can not be used to justify continuing to emit carbon’ – CEE Bill Alliance responds to Energy Minister’s comments
The minister said we have to make the case for CCUS, there are going to be carbon emissions and we are going to have to capture them.
The Brewery Strikes Back: Brewdog compares BP to ‘Darth Vader’ in spat over emissions
The CEO of Brewdog has entered into a public spat with BP over its carbon emissions, comparing the energy giant to “Darth Vader”.
SSE commits to net zero carbon emissions by 2050
Scottish energy firm SSE has joined the “Race To Zero” campaign, pledging to reduce its carbon emissions to net zero by 2050 at the latest.
Vattenfall & Viridor partner up to harness low carbon heat for UK cities
Two leading energy providers have partnered up to try and reduce emissions from heating in UK homes and other buildings.
Japan pledges net zero emissions by 2050 without clear roadmap
Japan set an ambitious pledge for becoming carbon neutral by 2050 on Monday, without laying out a clear plan for reaching its target.
South Africa’s Sasol support incompatible with carbon cuts
South Africa’s subsidy support for Sasol is inefficient and fails to achieve what it sets out to do, namely protect consumers from price shocks, according to the International Institute for Sustainable Development (IISD).
EU green deal forces businesses to gamble on the price of polluting
During the past four years, Vittorio Borelli spent about 50 million euros ($58 million) buying equipment for his company’s ceramic-making facility in northern Italy. New gas-fired kilns slashed the time necessary to heat porcelain at more than 1,000 degrees Celsius, saving energy and reducing carbon emissions.
Maersk Drilling sets ‘industry leading’ target to slash emissions by 50% by 2030
Maersk Drilling has set a new target to cut emissions from its operations by 50% within the decade.