climate change

Scientists from around the world have declared definitively and in unison that global warming is real and that it has been unequivocally caused by human activity. The next move, they said, is up to the world’s leaders.

Greenland may have said “no” to oil and gas, but its vast mineral wealth is up for grabs as the world’s biggest billionaires invest to claim metal reserves needed to manufacture batteries.

Norway appears to be taking a dual approach to energy transition. In its just-released energy white paper, the Norwegian government says it is committed to producing renewable energy and bolstering its power grid but isn’t willing to halt development of its oil and gas resources.

Robert K. Perrons, a professor at the Queensland University of Technology in Brisbane, recently addressed the United Nations on the role of oil and gas in the global energy mix.

Oil isn’t going away, but that misses the fact that a demand plateau will structurally change the industry for people and companies in the most geologically mature areas, especially the United States.

In a joint communiqué, the Group of Seven nations has called for an “absolute end” to new direct government support for unabated international thermal coal power generation by the end of 2021 and for fossil fuel financing to keep the objectives of the Paris Agreement within reach.

Lawmakers on the European Parliament’s environment committee voted to approve the EU’s landmark climate change law, clearing one of the final hurdles before it enters into force.

The Biden administration has directed the US Treasury Department and USAID to design strategies and criteria aimed at shifting bank lending away from fossil fuel projects in the developing world.

Pledges made so far under the 2015 Paris accord would deliver less than a 1% reduction in global greenhouse gas emissions by 2030—a fraction of the 45% cut needed to avert catastrophic climate change, according to a UN report.

The UN says the 2020 Climate Action Summit delivered a surge in progress toward climate goals.