2040

The business also plans to halve its absolute carbon dioxide emissions by 2030 compared to the figures from 2018

The International Energy Agency says this is vital to ensure a secure and sustainable future for the global population

That’s the forecast from Wood Mackenzie, which suggests most countries across the region are on track to deliver on their individual National Energy and Climate Plans

Ben van Beurden said a closer date would help provide clarity for energy companies

Governments, investors and businesses could halve global carbon emissions by 2040. That’s according to the Energy Transitions Commission (ETC), which says it is technically and economically feasible to provide affordable, reliable, clean energy for all while meeting the Paris Agreement climate targets. It adds immediate action is needed to make the most of falling renewable energy […]

Iceland’s capital city has set a goal to reach carbon neutral status by 2040. Within the next 25 years, Reykjavik will increase the efficiency of public transport and limit city expansion to hit the ambitious target, according to new plans released last week. The goal builds upon the city’s previous target of cutting emissions by 73% by […]

Electricity demand could rise by 80% by 2040, according to a recent report. Natural gas will account for almost a third of this demand, predicts energy provider ExxonMobil. The firm’s 2012 Outlook for Energy also predicts a rise of about 30% in energy demand, with four out of every 10 units of energy produced in […]