Post Tagged with: "Paris Agreement"

Source: CNBC

China has ‘no other choice’ but to rely on coal power for now, official says

CNBC


BEIJING — China has ambitious goals for cutting its carbon emissions, but it won’t be abandoning coal power anytime soon as it keeps its eye firmly on economic targets.

President Xi Jinping said in September that the country’s carbon …

Source: Reuters

U.S. climate czar urges oil industry to hasten transition to renewables

Reuters


WASHINGTON – U.S. climate envoy John Kerry on Tuesday urged oil and gas companies to do more to diversify and adopt low-carbon technologies to tackle climate change.

Speaking alongside oil executives making the case for the continued production of …

Source: Reuters

Column: Can Biden transform the U.S. energy system?

Reuters


LONDON – U.S. presidential transitions have all the elements of a great news story: people, drama, timeliness, conflict and consequences. But energy systems are mostly shaped by slower moving, impersonal, structural forces.

President Joe Biden’s first executive actions after …

Source: CNBC

President Xi tells UN that China will be ‘carbon neutral’ within four decades

CNBC


China is targeting peak carbon dioxide emissions by 2030 and carbon neutrality by the year 2060, according to President Xi Jinping.

In an address to the United Nations General Assembly delivered remotely, Xi described the Paris Agreement on climate

September 23, 2020 - 1:00 pm China, Climate Change, Closing Bell Story‎, Energy News
Source: Reuters

Exclusive: European banks face indigenous calls to end Amazon oil trade

Reuters


LONDON/QUITO  – European banks committed to backing action on climate change face allegations of double standards from indigenous groups in Ecuador after a report named them as major players in the trade in oil from the Amazon rainforest.

Stand.earth …

August 12, 2020 - 2:30 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: Houston Chronicle

All eyes on Exxon, Chevron after BP vows carbon neutrality

Houston Chronicle


BP Plc’s pledge to zero out all its carbon emissions by 2050 deepens the divide between major European and American oil producers on climate change, increasing the pressure for Exxon Mobil Corp. and Chevron Corp. to do more.…

Source: Reuters

Church of England pension fund shifts $789 million to climate index

Reuters


LONDON – The Church of England’s pension fund has shifted 600 million pounds ($789 million) into a new equity index that invests in companies deemed to be making progress towards the targets of the Paris climate agreement.

The index, …

Source: CNBC

UN urges global emissions cuts and warns of ‘bleak’ climate change outlook

CNBC


Global carbon emissions must fall by more than 7% a year for the next decade to meet targets set out by the Paris Agreement on climate change, the UN has warned.

In an annual report published Tuesday, the UN …

November 26, 2019 - 12:00 pm Closing Bell Story‎, International, Oil and Gas 360 Articles
Source: Reuters

Growth in global oil demand to slow from 2025: IEA

Reuters


Growth in global oil demand is expected to slow from 2025 as fuel efficiency improves and the use of electric vehicles increases, but consumption is unlikely to peak in the next two decades, the International Energy Agency said on …