Equinor has launched new climate ambitions to reduce the absolute greenhouse gas emissions (GHG) from its operated offshore fields and onshore plants in Norway by 40 percent by 2030, 70 percent by 2040 and to near zero by 2050. The first phase of the plan to reduce emissions by 2030 means more than 5 million tonnes in annual reductions, representing
Read more
Total has announced that the Oil and Gas Climate Initiative (OGCI) has rolled out further initiatives to accelerate the reduction of greenhouse gas (GHG) emissions and support the goals of the Paris Agreement. OGCI comprises 13 oil and gas companies: BP, Chevron, CNPC, Eni, Equinor, ExxonMobil, Occidental, Pemex, Petrobras, Repsol, Saudi Aramco, Shell and Total. First, OGCI launched a new initiative
Read more
Efforts to cut emissions of carbon dioxide and tackle climate change in developed economies are beginning to pay off, according to research led by the Tyndall Centre at the University of East Anglia (UEA). The study suggests that policies supporting renewable energy and energy efficiency are helping to reduce emissions in 18 developed economies. The group of countries represents 28%
Read more
“Ambition 1.5˚C: Global Shipping’s Action Plan” is a summit held in Bonn, Germany today as part of the 23rd Session of the Conference of the Parties (COP23) to the UN Convention on Climate Change (UNFCCC). The summit is meant to facilitate group-think activities and capture ideas from cross-industry, high-level working groups to develop innovative solutions for rapid decarbonization of the
Read more