North Sea oil and gas firms are being warned they will need to become “wholly different” if they want to retain their position in the structure of the UK’s economy.
Hundreds of thousands of people will need to be recruited into the energy sector to reach the goal to cut emissions to net zero by 2050, a report for National Grid shows.
Repsol SA embarked on the most ambitious attempt yet by an oil major to align itself with the Paris climate goals, saying it will eliminate all greenhouse gas emissions from its own operations and its customers by 2050.
A report published by the Netherlands Environmental Assessment Agency (NEAA) shows global carbon dioxide emission levels remained constant in 2016, continuing three years of stability.
The UK’s greenhouse gas emissions fell below 500 million tonnes for the first time last year, as renewables hit a record 25% of the power mix, official figures show.