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Investors urged to shift from fossil fuels to support climate actionA new report revealing the staggering scale of institutional investments in the fossil fuel industry shows that over 7,500 pension funds, insurance companies, asset managers and other institutions worldwide hold a combined $4.3 trillion in bonds More… |
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Emirates supports AIA R&D projects to cut fossil fuelsEmirates has become an industrial partner of the Aviation Impact Accelerator (AIA), based at the University of Cambridge, marking Emirates’ first $200 million sustainability fund investment for research and development (R&D) projects More… |
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Emirates supports AIA R&D projects to cut fossil fuelsEmirates has become an industrial partner of the Aviation Impact Accelerator (AIA), based at the University of Cambridge, marking Emirates’ first $200 million sustainability fund investment for research and development (R&D) projects More… |
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UAE’s Fuelre4m welcomes Shell and BP's stand on fossil fuelFuelre4m, a UAE pioneering energy solutions provider, has commended Shell and BP's recent acknowledgment of the necessity to continue utilising fossil fuels. This announcement resonates deeply with Fu More… |
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COP28 in landmark deal to transition away from fossil fuelsRepresentatives from nearly 200 countries agreed at the COP28 climate summit today (December 13) to begin reducing global consumption of fossil fuels to avert the worst of climate change, signalling the eventual end of the oil age. More… |
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Use Covid recovery efforts to phase out support for fossil fuels: IEAAs governments design stimulus measures for economies hit by the Covid-19 crisis, they should seize the opportunity of historically-low oil prices to redirect some of the half a trillion dollars spent annually supporting fossil fuels into sust More… |
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Will hydrogen drive the shift away from fossil fuels?The global maritime industry is now on the threshold of a move towards renewable energy, with hydrogen as the potential acid test in the shift away from fossil fuels, said Yaskawa Environmental Energy / The Switch, a global energy company. More… |
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Solar, fossil fuels cost gap narrowing, says expertThe external cost of power generation by fossil fuels, mostly related to the environment and public health, has been shown to be the same or more than the cost of generating electricity by solar power, said an industry expert. In More… |
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Solar, fossil fuels cost gap narrowing, says expertThe external cost of power generation by fossil fuels, mostly related to the environment and public health, has been shown to be the same or more than the cost of generating electricity by solar power, said an industry expert. In More… |
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Commodities slump on growth worries, gold shinesTwo weeks of steep losses have seen the Bloomberg Commodity Index once again trade close to a one-year low with all sectors apart from precious metals suffering losses this past week, not least energy and soft commodities, not least energy More… |
