Iceland’s capital aims to be carbon neutral by 2040

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 to rise by 80% by 2040

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 […]