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Harnessing oil and gas windfall profits for climate funding![]() ![]() Berlin, Germany (SPX) Nov 09, 2024 Negotiations over new financial commitments from industrialized nations to aid developing countries will be a focal point at the upcoming UN Climate Change Conference starting November 11. A study involving the Technical University of Munich (TUM) revealed that profits earned by oil and gas companies during the 2022 energy crisis could have covered these financial commitments for nearly five years. The researchers recommend imposing taxes on such "windfall profits." Industrialized nations previous ... read more |
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![]() Baku (AFP) Nov 12, 2024 Leaders of nations beset by climate disasters appealed Tuesday at the COP29 summit for greater urgency in fighting global warming, while others defended fossil fuels and their right to exploit them. ... more ![]() ![]() Washington (AFP) Nov 12, 2024 US President Joe Biden's outgoing government announced on Tuesday a rule to impose fees on the oil and gas industry for waste methane emissions from drilling operations, despite doubts it will take effect under his successor Donald Trump. ... more ![]() ![]() Edinburgh (AFP) Nov 12, 2024 Two environmental groups kicked off a legal challenge in Scotland on Tuesday to block the Rosebank and Jackdaw oil and gas fields in the North Sea, with activists optimistic of success after other favourable court rulings. ... more ![]() ![]() The Hague (AFP) Nov 12, 2024 Dutch judges ruled Tuesday against an appeal by climate groups who said oil giant Shell was not doing enough to curb its greenhouse gas emissions, striking down a landmark judgement three years ago. ... more |
Previous Issues | Nov 12 | Nov 11 | Nov 09 | Nov 08 | Nov 07 |
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![]() ![]() ![]() ![]() Zurich, Switzerland (SPX) Nov 09, 2024 Europe is making strides toward climate-neutral air travel with a focus on sustainably produced hydrogen as fuel. In support of this, the EU launched a project last year to aid industry and academia ... more |
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![]() Washington DC (UPI) Nov 8, 2024 The U.S. Department of Energy said Friday that 200 million barrels of oil have been bought and delivered for the strategic oil reserve. ... more ![]() ![]() Caracas (AFP) Nov 8, 2024 Venezuela and its most powerful ally Russia signed agreements Thursday on intelligence-gathering and counter-espionage as well as energy cooperation during a visit by a senior Kremlin official to Caracas. ... more ![]() ![]() Ottawa (AFP) Nov 7, 2024 Canada is fast running out of time to implement policies to slash greenhouse gas emissions in order to meet its Paris Agreement target, the environment commissioner warned Thursday. ... more ![]() ![]() Basra, Iraq (AFP) Nov 7, 2024 Iraqi Prime Minister Mohammed Shia al-Sudani inaugurated five docks on Thursday at a major new port the country is building on its narrow Gulf coast. ... more |
![]() Athens (AFP) Nov 7, 2024 A Greek oil tanker crippled by Yemen's Huthi rebels and towed to avert an environmental disaster began transferring its cargo of over a million barrels on Thursday, the state-run ANA news agency said. ... more ![]() ![]() ![]() Available on Amazon Books |
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![]() London (AFP) Nov 7, 2024 London landmarks including the UK parliament could be warmed by low-carbon heat powered by the River Thames, the London Underground train system and even the sewer network under new government plans. ... more ![]() ![]() Arbil, Iraq (AFP) Nov 6, 2024 Authorities in Iraq's autonomous Kurdish region said Wednesday they hoped oil exports could resume "as soon as possible" after the federal government offered higher cost payments to producers. ... more ![]() ![]() New York (AFP) Nov 6, 2024 Donald Trump's election as US president brings back a champion of the oil industry to the White House, but experts warn that his push for low prices could be at odds with petroleum companies' priorities. ... more ![]() ![]() London, UK (SPX) Nov 05, 2024 Bio-based materials, often promoted as eco-friendly replacements for conventional plastics, may present more significant risks to certain vital species than the plastic materials they aim to replace ... more |
![]() Berlin, Germany (SPX) Nov 05, 2024 Researchers at Johannes Gutenberg University Mainz (JGU) have unveiled a pioneering approach to convert carbon dioxide (CO2) into ethanol, providing a sustainable alternative for chemical applicatio ... more ![]() ![]() Baku (AFP) Nov 5, 2024 Flames soar into the air from a sandstone outcrop on a hillside on the Absheron peninsula near Baku, the capital of Azerbaijan, as it prepares to host the COP29 climate conference next week. ... more ![]() ![]() Paris (AFP) Nov 5, 2024 Azerbaijan, host of the upcoming United Nations COP29 climate summit, is a petrostate nestled between Russia and Iran. ... more ![]() ![]() Tehran (AFP) Nov 4, 2024 Iran and Azerbaijan began two days of joint naval exercises in the Caspian Sea on Monday, state media reported, signalling improving ties between the neighbours amid soaring regional tensions. ... more |
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![]() Ottawa (AFP) Nov 4, 2024 Canada proposed Monday establishing what it said would be one of the world's first greenhouse gas emissions cap-and-trade system for the oil and gas sector aimed at slashing pollution. ... more ![]() ![]() Paris (AFP) Nov 4, 2024 The social media platform X has for months been aflush with praise for United Arab Emirates and Azerbaijan in posts shared by hundreds of profiles - and all found to be fake. ... more ![]() ![]() Kigali (AFP) Nov 4, 2024 Rwanda said Monday it will no longer register petrol-driven motorbike taxis from the new year as it seeks to transition towards electric vehicles. ... more ![]() ![]() Los Angeles CA (SPX) Nov 02, 2024 Efforts to reduce CO2 emissions from vehicles have seen progress with electric and hybrid technologies, yet aviation continues to be a significant greenhouse gas contributor. Researchers from ACS Su ... more |
![]() ![]() Available on Amazon Books ![]() ![]() Paris (AFP) Nov 1, 2024 One year after world leaders issued the landmark call for a global move away from fossil fuels, nations are failing to turn that promise into action, say climate diplomats, campaigners and policy experts. ... more |
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![]() Paris (AFP) Oct 31, 2024 UN climate summits risk "being undermined by undue corporate influence and fossil fuel industry capture", two corruption watchdogs said Thursday as oil-and-gas producer Azerbaijan prepares the next global meeting. ... more ![]() ![]() Paris (AFP) Oct 30, 2024 Alternatives to petrochemical-based plastics are emerging, made from everything from banana leaves to tomato skins, especially for food packaging. ... more ![]() ![]() Osaka, Japan (SPX) Oct 30, 2024 Efforts to build a sustainable, resource-efficient society have taken a significant step forward as Osaka University researchers introduce new, robust biodegradable plastics with advanced properties ... more ![]() ![]() Los Angeles CA (SPX) Oct 30, 2024 Vast Renewables Limited ("Vast") (Nasdaq: VSTE), a leader in concentrated solar thermal power (CSP) systems, has announced a development services agreement with GGS Energy LLC ("GGS Energy") to laun ... more |
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