Tag: IPCC

OPEC General Secretary criticises IPCC report

OPEC General Secretary criticises IPCC report

OPEC Secretary General Mohammad Barkindo has criticised an UN report calling for radical action to fight climate change, stating it was ill-advised to say that the world’s future rested on renewables energy and that a “bombardment” of green advocacy could be damaging. The UN International Panel on Climate Change (IPCC) […]

Australia prioritises electricity prices over coal phase out

Australia prioritises electricity prices over coal phase out

Australia has rejected calls from the UN’s Intergovernmental Panel on Climate Change (IPCC) report to phase out the use of coal by 2050, describing such actions as “irresponsible”, instead focusing on its priority of cutting domestic electricity prices. Melissa Price, Australia’s environment minister, who previously worked in the mining industry, […]

World’s largest oil and gas companies give $1bn to carbon capture

World’s largest oil and gas companies give $1bn to carbon capture

Today, carbon capture and storage took a large step forward with the investment by the world’s ten largest oil and gas companies. The CEOs and Chairmen of the company said in a joint declaration they would invest $1 billion over 10 years to reduce their emissions. Announcing the new Oil […]

Canada captures 800,000 tonnes of CO2 from the air

Canada captures 800,000 tonnes of CO2 from the air

According to the latest IEA figures, coal produces 41% of global electricity production. The figures also state that coal-generated electricity will increase by 24% over the next 25 years. Given this, countries continue investing in coal-fired power as part of their energy mix but are taking action to mitigate emissions. The […]