fossil fuels
Although gas remained a significant electricity source last year, its usage hit a low not seen since 2015
The year 2023 has officially been declared the warmest on record, with a temperature approximately 1.48°C higher than the pre-fossil fuel era, according to the EU’s climate service
The UK Government is seeking ideas to make construction and industrial machines eco-friendly
The UK’s electricity generated from fossil fuels in 2023 dropped by 22% year on year, reaching the lowest level since 1957 at 104 terawatt hours, according to new analysis
ING has unveiled plans to phase out upstream oil and gas financing by 2040 and triple renewable energy funding by 2025
Some reactions to the COP28 decision have been mixed since the final consensus does not include the ‘phase out’ of fossil fuels
MEPs have secured the possibility for member states to restrict imports of gas from Russia and Belarus, both via pipelines or LNG
Sultan al-Jaber has responded to accusations of denying core climate science after earlier comments questioning the link between fossil fuel phaseout and limiting temperature rise to 1.5C
More than 110 countries pledged to triple global renewable energy capacity by 2030 and double annual energy efficiency improvements
Oil and gas companies are facing almost no additional borrowing costs compared to less polluting businesses, according to a study by S&P Global Ratings