fossil fuel

France has announced it will shut down all coal-fired power plants by 2021, solidifying the country’s stance in the fight against climate change. The President of France, Emmanuel Macron, accelerated the timetable for the phase-out by two years – his predecessor, Francois Hollande, originally set the deadline for shifting to cleaner sources of generation by […]

  Renewable energy will be cheaper than fossil fuels by 2020. That’s according to the International Renewable Energy Agency (IRENA), which suggests this will be driven by rising investments in clean power projects, which will in turn cut the cost of energy for consumers. Although some forms of green generation can already compete with fuels […]

BP is reportedly eyeing an oil and gas investment off the coast of Senegal. Reuters suggests the energy giant is in talks with exploration firm Cairn Energy, which is looking to sell a 30% stake in its deepwater SNE field, said to be valued at around $600 million (£453m). BP has said it would be […]

A group of famous actors and performers have said the curtain is coming down on pensions investing in fossil fuels. The celebrities have voiced support for the #PensionPower campaign, which was set up by members of the British actors’ union Equity and supported by responsible investment charity ShareAction. Award-winning actor Mark Rylance and actresses Zoë Wanamaker […]

Natural gas will play a key role in the global transition to a cleaner and more flexible energy system. That’s the forecast from the International Energy Agency (IEA), which suggests it is the only fossil fuel that will maintain its share of the energy mix in the next few decades, as policies to reduce air […]

  India has a “contradictory” energy policy as it pledges to move towards a greener economy but is importing oil. That’s the view of Dr Senthilarasu Sundaram, Renewable Energy Lecturer at Exeter University who told ELN while the nation may be trying to build up the infrastructure needed for the low carbon transition, he “hasn’t […]

Members of the European Parliament (MEPs) are urging the EU to ratchet up its climate goals. In a resolution put to vote this week, ahead of the UN’s COP23 meeting in Bonn next month, they called on the EU to set out a mid-century zero emissions strategy by 2018 in line with the aims of […]

Governments in 11 European countries are handing out subsidies worth more than €112 billion (£98.4bn) every year for fossil fuel production. That’s according to a new report from the Overseas Development Institute and Climate Action Network (CAN) Europe, which analysed subsidies given to oil, gas and coal projects between 2014 and 2016. The countries include […]

Scotland has a significant opportunity to lead the burgeoning oil and gas decommissioning industry. That’s according to Andrew Jones, Exchequer Secretary to the Treasury, who at the Offshore Europe industry conference has announced there is an opportunity for the UK and Scotland in particular to become a pioneer in this area. Once operators finish extracting oil […]

Exploration drilling has commenced at a planned oil well near Billinghurst in West Sussex. UK Oil & Gas Investments’ (UKOG) 100% owned Broadford Bridge-1 (BB-1) site will test a ‘geological lookalike’ to the company’s previous Horse Hill discovery, which has produced 1,365 barrels of oil per day from two naturally fractured Kimmeridge Limestone rock units. […]