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Commercial banks are also igniting signals that funding for fossil fuels with soon be a thing of the past

World Bank, major businesses and nations unite against coal funding

The One Planet Summit in Paris has signalled the beginning of the end for the coal industry, after the World Bank, numerous financial institutions and a group of nations and major businesses all pledged to phase out fossil fuel funding and use.

The PCPF publicised 20% of its holdings for the first time in May 2017. In 2016, the PCPF invested £5.56m into BP and £4.9m into Shell

Corbyn backs MP pension divestment as business leaders call for improved climate disclosure

A group of 100 MPS, including Labour's Jeremy Corbyn and the the Green Party's Caroline Lucas, have called for a £612m pension fund to divest from fossil fuels, while leading chief financial officers have endorsed the recommendations of the Task Force on Climate-related Financial Disclosures.

It estimates that 37bn tonnes of CO2 will be emitted from burning fossil fuels, the highest total ever

Fossil fuel burning set to hit record high in 2017, scientists warn

The burning of fossil fuels around the world is set to hit a record high in 2017, climate scientists have warned, following three years of flat growth that raised hopes that a peak in global emissions had been reached.

The world is still reportedly investing over three times more in fossil fuels than renewables

High street banks still financing fossil fuel growth

The UK's high street banks are profiting from some of the world's dirtiest fossil fuel projects despite committing to deliver the Paris Agreement goals of limiting global warming to below 2C.

The IFC report, entitled Creating Markets for Climate Business, found that governments could work with businesses by fostering renewable energy as an alternative to fossil fuels

Huge private sector investment puts Paris climate target in reach, says report

At least one trillion dollars are being invested globally in ways to reduce the threat of climate change, including renewable power, energy efficiency, and public transport around the world.

edie Explains: Building energy management systems (BEMS)

In the latest in the edie Explains series, we look at building energy management systems (BEMS), exploring what they are, what they do and what the business benefit is.

ENGIE has a goal of providing 20 million people access to decarbonised and decentralised energy by 2020

Utility giant acquires off-grid solar specialists Fenix International

French utility giant ENGIE is continuing its transition away from fossil fuels, after announcing the acquisition of a next generation energy company that offers decentralised solar solutions to communities across Africa.

The European Commission is due to present a clean transport strategy in November

Transport sucks up nearly half of Europe's fossil fuel subsidies, report finds

European countries spend more than €112 billion per year subsidising oil, gas and coal production or consumption - including tax breaks on highly-polluting diesel - despite a pledge to phase out fossil fuels completely by 2020.

DNV GL predicts that the first “emission-free” year will only occur in 2090

World set to exhaust carbon budget in 2040s, despite predicted energy plateau

A "watershed moment in human history" will occur in 2030 as energy demand plateaus, although the rapid decarbonisation of the global energy supply will still deplete the carbon budget for the goals of the Paris Agreement by 2041.

Schroders estimates the current global price to be roughly $1.60 a tonne of CO2e

Carbon tax could wipe out polluters' profits in pursuit of Paris targets

More than $1.5tn (£1.2tn) in company profits worldwide could be erased by taxes required to meet the Paris climate agreement, according to analysis by Schroders.

Researchers insists that the market forces driving the economic benefits of clean energy are far more powerful than a small group of climate-sceptic politicians

Clean energy stocks outpacing fossil fuel investments in Trump era, report finds

Global clean energy stocks have surged past investments in fossil fuels in the past year despite the political shockwaves caused by Donald Trump's US presidency, new research has found.

Dong Energy boss says falling price of renewables means they must power the electric car revolution or the environment will gain only a pyrrhic victory

Rise of electric car solves little if driven by fossil fuels, warns windfarm boss

The rise of electric cars will be a pyrrhic victory for the environment if they are powered by fossil fuels instead of renewables, according to the UK boss of the world's biggest offshore windfarm developer.

Of the money earmarked for fossil fuels, oil and gas received a total of 87% of UK funds, with 9% going to coal

Britain spent 'twice as much on overseas fossil fuels as renewables'

The UK has spent more than twice as much overseas support on fossil fuels projects as on renewable ones so far this decade, according to research commissioned by the Catholic aid agency Cafod.

It is believed that BATs will impact installations at around 3,500 coal plants within the EU

New industrial air pollution ruling puts EU coal plants on 'life support'

Large industrial plants have been given a four-year timeframe to adhere to new standards on air pollutants across the European Union (EU), a decision that places "the immediate future of coal plants into doubt", according to environmental lawyers ClientEarth.

HEAL’s report calls on government’s around the world to switch off the subsidies tap

Fossil fuel subsidies racking up trillions in health costs

Health costs related to fossil fuel use outweigh taxpayer-funded subsidies by 600%, according to a new study that insists governments should stop pumping money into dirty energy sources.

Of the 12 mining companies benchmarked on climate issues within the report, only one has a commitment to fully decarbonise by 2050

CDP: Top mining firms risking $16bn in climate costs

The world's largest mining companies are producing up to $16bn in emissions costs in their value chain, according to a report released today (20 July) by climate change research provider CDP.

Markets listed in the report have been urged to “build climate resilient portfolios” using the analysis of the scorecard to address issues

UK financial markets exposed to embedded fossil fuel reserves

UK businesses and investors may be inadvertently sitting on more than 15,000 tonnes of stranded fossil fuel asset emissions that could impact how the nation commits to a 2C energy scenario, new research has found.

Overall, the 10 nations have provided £5.3bn annually between 2005 to 2016 on coal subsidies

UK's £350m coal subsidies clash with Government's phase-out pledges

The UK is providing £356m annually in coal subsidies, despite the UK Government denying that it provides financial support for fossil fuels, a new report has claimed.

Due to pressure from MPs and constituents, the pension fund publicised 20% of its holdings for the first time last month. Image: UK Parliament

MPs demand fossil fuel divestment for pension fund

Fifty MPs standing for re-election, including the Green Party's Caroline Lucas and the Conservative Party's Laura Sandys, have called for their £612m pension fund to sever investment ties with fossil fuels.

Planning for a circular economy

The Environmental Services Association, the voice of the UK’s resource and waste management industry, has set out a number of recommendations to more closely align the planning system with the strategic objectives of the circular economy.

The report warns that CCS and nuclear - such as the Dukovany plant (pictured) - offer limited growth prospects compared to renewables

Europe's energy giants set to overshoot Paris Agreement 'carbon budget'

Europe's major utilities companies are "locked" into high emission projects, placing €14bn of earnings at risk unless they realign strategies with the goals of the Paris Agreement, a new CDP report has found.

Ahead of the G20 summit in July, the German government feels it is its duty to remind fellow governments of their obligations to the Paris Agreement

Study: Backing fossil fuels is economically and politically irresponsible

A shift away from fossil fuels to renewables is needed at international level if the targets of the Paris climate deal are to be met. The Berlin Energy Transition Dialogue wants to set an example by bringing plenty new to the table.

Even under a worst-case scenario of the outlined transition, the report still expects GDP to grow by 0.6%

Energy transition of 'exceptional scope' can unlock $10trn annually

Global energy-related carbon emissions can be reduced by 70% by 2050, generating $10trn a year in benefits, if countries ramp-up national commitments to reach the goals of the Paris Agreement, a new report has found.

Scientists and environmentalists have condemned Pruitt for asserting that he does not believe human activity is a major cause of climate change. Photo: Gage Skidmore/Flickr

EPA head Scott Pruitt denies that carbon dioxide causes global warming

Scott Pruitt, Donald Trump's head of the US Environmental Protection Agency, has dismissed a basic scientific understanding of climate change by denying that carbon dioxide emissions are a primary cause of global warming.

Solar costs have fallen by more than 80% in less than decade

Renewables reaching cost-parity with fossil fuels, research finds

Low-carbon technologies are now reaching cost-parity with fossil fuels, according to a new report which states that solar cell technology is likely to have a "major impact" in the near future.

The study predicts solar PV will become “materially cheaper than alternative power options globally” between 2030 and 2040

Low-carbon boom to stall fossil fuel demand by 2020, say researchers

The demand for coal and oil will peak in 2020 as low-carbon technology prices continue to tumble, a new report which examines the energy sector has claimed.

BIC has suggested that the World Bank is turning Indonesia “into a major coal producer” by subsidising fossil fuels through the Development Policy Financing (DPF) programme

World Bank quashes fossil fuel funding claims

The World Bank has criticised what it believes are "grossly misrepresented" findings from the Bank Information Center (BIC), which has claimed that up to $5bn in intended low-carbon funds have instead been used to introduce tax breaks for fossil fuel developments in developing countries.

Ebell, speaking in London, claimed that the motivation for climate action was protecting a special interest

Green movement 'greatest threat to freedom', says Trump adviser

The environmental movement is "the greatest threat to freedom and prosperity in the modern world", according to an adviser to the US president Donald Trump's administration.

The report found that 688 institutions and more than 58,000 individuals across 76 countries are now committed to divestment

Fossil fuel divestment funds double to $5tn in a year

The value of investment funds committed to selling off fossil fuel assets has jumped to $5.2tn, doubling in just over a year.

The world may have no way to avoid the most devastating consequences of global warming if Donal Trump pulls the US out of the Paris Agreement

28 days later: What we know so far about the climate impact of Trump

In the first 28 days since Donald Trump's presidential triumph in the US elections, edie investigates the initial impact of the climate change denier's victory on the global green economy.

The European Commission building in Brussels. The Commission has targeted 20% renewables in the EU’s energy mix by 2020

Leaked EU energy package subsidises fossil fuels, undermines renewables

The EU claims to be promoting an ambitious agenda at the Marrakesh climate conference, but its latest piece of energy legislation could subsidise new coal capacity and undermine market access for renewables.

Political outsider Donald Trump will become the 45th US president after a stunning victory over Democrat Hillary Clinton. Photo: Gage Skidmore

Does Donald Trump's Presidential triumph spell the end of America's climate progress?

Donald Trump has pulled off one of the biggest electoral shocks in US history, beating Democrat Hillary Clinton to become the 45th US President. edie explores what this could mean for the country's future international leadership on climate action.

Christian Aid wants to see clear timelines and transition plans created to keep the institutions, and their clients, in line with the Paris Agreement

Banks not living up to climate pledges, says Christian Aid

Charity organisation Christian Aid has today (November 7) kick-started a campaign calling on UK's major high street banks to rapidly shift investments from fossil fuels to clean energy.

More than 70 experts quantified the models listed in the report, claiming that a 2C pathway to limit global warming would require an “exceptional and enduring effort”

World Energy Council: Energy demand to peak at 2030 as part of 'grand transition'

Disruptive trends and technology, such as the rise of renewables and the electrification of the transport sector, will create a "fundamentally new world" for the energy industry, which would see energy demand and fossil fuel use peak before 2030.

The trend will not continue into winter because of solar’s seasonal nature, but the symbolic records reveal the dramatic impacts solar subsidies and penalties for coal have wrought

Solar outstrips coal in past six months of UK electricity generation

Electricity generated by solar panels on fields and homes outstripped Britain's ageing coal power stations over the past six months in a historic first.

Fresh evidence reveals that renewable power generation costs are lower, on average, worldwide than those of fossil fuels

Global cost-effectiveness of renewables revealed amid fears over domestic energy security

New analysis has highlighted the need for policymakers and investors to exploit the global cost-effectiveness of renewable power generation, as the Renewable Energy Association (REA) casts a doubt over the UK Government's willingness to prioritise energy security in post-Brexit negotiations.

So far, 700 churches have signed up as part of the ‘big church switch’ initiative promoted by charities Christian Aid and Tearfund

UK churches show faith in renewable energy suppliers

Figures released today (1 September) have revealed that 3,500 UK churches have switched electricity suppliers to those that will only source renewable electricity, while US architects have also demanded new legislative action on climate change.

According to CDP, the number of large companies that use an internal carbon price will pass the 1,000 mark within the next year, with 437 companies already operating with one as of 2015

From Exxon to Jack Black: The call for a global carbon price is gathering pace

As the Paris Agreement nears its crucial ratification stage, individuals, organisations and entire nations are beginning to ease away from fossil fuels in their energy consumption habits. Now, with COP22 in Marrakech just around the corner, the call for a carbon price is becoming hard to ignore.

Mary Robinson claimed that the British government introduced new tax breaks for oil and gas in 2015 that will cost the UK taxpayer billions between 2015 and 2020

UN criticises UK and Germany for betraying Paris climate deal

Ban Ki-moon's climate change envoy has accused the UK and Germany of backtracking on the spirit of the Paris climate deal by financing the fossil fuel industry through subsidies.

Despite BP lobbying against EU climate policies, the sector has shown glimpses of willingness in embracing new energy sources and policies

Does the Paris Agreement hinge on a fossil fuel 'implosion'?

While the Paris Climate Accord has united 190 countries in attempting to halt the effects of climate change, separate research has suggested that Intended Nationally Determined Contributions (INDCs) won't be enough to reach a 2C pathway, with fossil fuel production set to foil efforts.

Kemiri Sunan’s high yield of up to 10 tonnes of oil per hectare make it an attractive source of bio-fuel, with waste used to produce fertilizer, animal feed and biogas

Asia Pulp & Paper backs community-led Indonesian biofuels project

One of the world's biggest pulp, paper and packaging firms has announced its support for a new community-led pilot scheme aimed at reducing the use of fossil fuels and increasing the availability of bio-fuels in Indonesia.

The cost of energy generation from onshore wind and solar will fall by 41% and 60% respectively, but more investment in renewables will be needed to reach long-term climate goals

Why the world's energy system WON'T achieve the 2C climate change target without serious investment

By the year 2040, renewables will finally have won the global energy race. The prices of coal and gas will have dropped significantly, but this will not derail the decarbonisation of our energy systems - with zero-emission energy sources making up 60% of installed capacity.

The G7 nations also committed to the “transparent and robust” implementation of their collective nationally determined contributions (NDCs)

G7 nations commit to ending 'inefficient' fossil fuel subsidies by 2025

Plans to drive a low-carbon transition as part of the recent Paris Agreement have been given a timely boost, after the G7 nations agreed a landmark deal to end the majority of fossil fuel subsidies by 2025.

During ExxonMobil’s AGM in Dallas on Wednesday (25 May), 11 climate-based resolutions were recommended, but just one was eventually passed

Investor pressure not enough as big oil baulks on climate change

During a 'do or die' week for three of the largest big oil companies, ExxonMobil, Chevron and Shell continue to rally against growing external pressure to adapt to a low-carbon pathway, warning that the shift would take an "unprecedented amount of effort".

Other recent studies have shown that extreme heatwaves could push the climate beyond human endurance in parts of the world

World could warm by massive 10C if all fossil fuels are burned

The planet would warm by searing 10C if all fossil fuels are burned, according to a new study, leaving some regions uninhabitable and wreaking profound damage on human health, food supplies and the global economy.

The white paper argues that up to a third more of the world’s fossil fuel reserves could be unlocked without exceeding the 2C goals established in Paris

Carbon capture key to unlocking 'unburnable' fossil fuel resources

Refining Carbon Capture and Storage (CCS) techniques would unlock the use of "unburnable carbon" as a viable energy source that would still keep the world on a 2C pathway if coupled with renewable energy, new research has suggested.

Musk believes educating the public on the low-carbon agenda is essential in reeling back the fossil fuel industry’s ability to influence political decisions

Elon Musk: Politicians taking 'easy path' with fossil fuel subsidies

Tesla's chief executive Elon Musk has accused politicians of bowing to the "unrelenting and enormous" lobbying power of the fossil fuel industry, warning that a global "revolt" may be needed to accelerate the transition to more sustainable energy and transport systems.

Solar installations remain the popular choice for renewables among the public, while support for biomass has wavered slightly

Six charts that show how public support for UK renewables has reached record levels

Public support for the UK's renewables revolution has reached an all-time high, with the latest Public Attitudes survey from the Department of Energy & Climate Change (DECC) revealing that eight in 10 Brits support the uptake of clean technology.

BP’s warning of a fossil fuel pull-out from Europe was repeated three times in the letter, most stridently over plans to mandate new pollution cuts and clean technologies

EU dropped climate policies after BP threat of oil industry 'exodus'

The EU abandoned or weakened key proposals for new environmental protections after receiving a letter from a top BP executive which warned of an exodus of the oil industry from Europe if the proposals went ahead.

Churches are able to sign up switch throughout the year when their current contracts end

UK churches give up fossil fuels for Lent

Negotiations are underway to move at least £1m away from fossil fuels and into clean energy, as more than 400 churches across the UK begin to switch to renewable energy providers.

Concern is mounting over the viability of the large number of plants being developed in Asia

$1tn could be wasted on 'unneeded' new coal plants, report warns

Almost $1tn of investment in new coal-fired power stations could be wasted if growing concerns about climate change and air pollution leave the plants unused, according to a new report.

The UK’s largest array of rooftop solar panels is installed on a distribution centre for M&S - one of the companies signed up to the RE100 scheme. Photo: First Industrial

UK firms missing out on renewables revolution

The business benefits of making the switch from fossil fuels to renewables have been made even clearer today (2 March) with a new report revealing that clean electricity adds less than 1% to power bills, drives employee engagement and wins new customers.

The report cited that developing countries spent $167bn on clean energy in 2015 compared to developed countries which spend $162bn

Clean energy investment surges past fossil fuels to new heights

Against a precarious backdrop of tumbling oil prices, 2015 saw $367bn invested into new renewable power capacity and generators - $114bn more than what was spent on new fossil fuel generation - a new report has found.

Record falls in coal production were coupled with a significant rise in crude oil production

UK's low-carbon energy generation soared in 2015, but so did oil production

Low-carbon energy sources rose to account for 43% of the UK's electricity supply last year, but oil production saw its first significant increase this millennium, provisional figures released today (25 February) have revealed.

#EndFossilFuelSubsidies London petition delivery. Photo: Stephen Brown/350.org

UK councils warned of 'severe penalties' of fossil fuel divestment

Local authorities have been warned that they will face "severe penalties" if they divest from fossil fuel holdings or boycott oil, coal or gas firms in procurement tenders, the UK government has said.

BP believes efforts to limit global warming to the 2C standard stablished at COP21 will prove futile

Fossil fuels will reign supreme for next two decades, claims BP

BP has been accused of using its energy outlook reports as a 'public relations exercise' after the oil giant's latest analysis suggests that fossil fuels would still be providing 80% of global energy supplies in 2035.

Mark Ruffalo took time out of his hectic film promotion schedule to urge the UK Government to rethink its energy strategy

VIDEO: "Mr Cameron, you're making an enormous mistake" - Mark Ruffalo slams PM over UK fracking plans

Hollywood star Mark Ruffalo has sent a passionate plea to UK Prime Minister David Cameron to stop fracking in the UK and instead embrace the global renewable energy revolution.

ExxonMobil also released its 2016 Outlook for Energy this week

ExxonMobil explores biofuel extraction from agricultural waste

Oil powerhouse ExxonMobil will explore new ways of producing biofuel from agricultural waste, after agreeing a partnership with biodiesel producers Renewable Energy Group (REG).

UN Climate Chief Christiana Figueres pointed out that all companies had to act now to get into the

Christiana Figueres: The hard work starts NOW for sustainable business

One month on from the successful Paris climate summit, UN Climate Chief Christiana Figueres says businesses must now act as the catalyst in a "virtuous and self-reinforcing" transition to a low-carbon global economy.

Over the next 18 months NUS will work with students’ unions to pressure institutions to sever ties with the fossil fuel industry

University staff and students make £100m fossil fuel divestment call

The National Union of Students (NUS) has called on all UK higher education facilities to play their part in removing a £100m 'tip of the iceberg' fossil fuel fund and divest assets into renewable technology.

The declaration states big gas and oil companies are failing to offer up what is needed to bridge the gap in climate finance.

Fossil fuel industry pressed to pay for share of climate damage

More than 60 environmentalist organisations are calling for a tax on fossil fuel extraction that would see energy giants pay compensation to countries being impacted by climate change.

A proposed 90% cut in solar subsidies, alongside other energy policy changes, risks the government being accused of hypocrisy after climate deal

Major energy U-turn needed to meet Paris targets, government warned

The government has been warned that a major U-turn in energy policy is required if it is to avoid charges of blatant hypocrisy following the commitments it made in the Paris climate deal this weekend.

More than 500 institutions worldwide worth $3.7tn have now committed to move their investments out of fossil fuels

£352bn investors' coalition launched to push for clean energy

A new £352bn coalition of investors including large insurer Aviva and major public and private funds in the UK, Norway and France has been launched to put pressure on some of the world's biggest corporations to clean up their electricity sources.

2015 could mark the first time that emissions have declined during a period of strong economic growth

Global carbon emissions could fall in 2015

Global carbon emissions are projected to stall with a possibility that they might actually decline by more than 0.6% in 2015, according to new research from the University of East Anglia.

Energy generation accounts for two thirds of global emissions

COP21 Monday review: Energy pledges hit the headlines

A packed first day of week two at COP21 saw businesses, nations and organisations take aim at the cause of two thirds of global emissions - energy generation.

RWE is effectively splitting the company in two as two thirds of its current 60,000 strong staff will now operate the new renewables entity

German energy giant unveils $42bn renewables branch

Germany's second largest utility company RWE has announced plans to separate its growing renewable energy initiatives from its conventional energy business in a drive that is expected to deliver $42bn in annual revenues.

A coalition of big businesses – including Unilever and APRIL – announced a plan to stabilize forest cover by 2030

COP21 Day 2 review: Deforestation top of the unofficial agenda

Tuesday at COP21 was dominated by forests, as a plethora of NGO's, businesses and dignitaries unveiled reforestation pledges, underlining the importance of carbon sequestration in reducing emissions.

Allianz plans to double its exposure to wind energy to about €4bn

€865bn assets in France and Germany pledge coal divestment

Major European financial institutions including the world's largest insurer have this week pledged to reduce their exposure to coal investments and transition towards clean energy.

Khan is already considering implementing car-free days and heating systems powered by the Underground to reach the target

London Mayoral candidate Sadiq Khan targets 100% clean energy

Labour's Mayoral candidate for London Sadiq Khan has pledged to run London on 100% green energy by 2050, after throwing his support behind an ambitious new plan set out by the Institute for Public Policy Research.

Global fossil fuel subsidies cost the average UK family £1,000 per year

End to fossil fuel subsidies 'would cut global emissions by 12%'

Cutting subsidies for fossil fuels could result in an 'immediate boost' of a 10%-12% reduction in greenhouse gases, according to a director of the University of Cambridge Institute for Sustainability Leadership'.

The G20 pledged to phase out fossil fuel subsidies in 2009

G20 faces 600,000-strong call to dump fossil fuel subsidies

Almost 600,000 people have signed a petition calling on G20 Governments to end fossil fuel subsidies and reallocate the funds towards helping poor countries deal with climate change.

The report claims the UK provides $9bn in national subsidies and $5.5bn in public finance to fossil fuel projects

Fossil fuels receive four times as many subsidies as renewables, report finds

G20 Governments collectively handed out $452bn in subsidies for fossil fuels in both 2013 and 2014 - four times the amount allocated globally for renewables.

Globally, investors worth $2.6trn have joined the divestment movement

Eight UK universities join divestment push

Eight UK universities with endowments worth a total of £69m have announced fossil fuel divestment commitments.

The UK ranks fourth in the world in the World Energy Trilemma Index

UK downgraded from top tier in 'energy trilemma' rankings

The UK has been downgraded in the fifth annual World Energy Trilemma Index, due to the rising cost of its domestic energy.

Around a third of the renewable liquid transport fuels used in the UK comes from UK feedstocks

New emissions figures give boost to UK renewable fuel industry

Emissions from arable land in the UK could be 15% lower than previously thought, according to new estimates, marking a potential boost in the amount of crops grown specifically for use in renewable fuels.

Green Halloween: 7 scary sustainability stats

It's the time of year for fancy dress, scary movies, vampires and werewolves. But there are real horrors in the world lurking in the shadows; creeping out of exhaust pipes and rising from the tombs of forgotten costumes and plastic broomsticks.

Carbon Tracker's research director James Leaton said shareholders in fossil fuel companies were having their money spent on projects that relied on high demand and high prices long into the future

Are fossil fuel companies using IEA reports to talk up demand?

International Energy Agency (IEA) projections that show the world will continue its heavy reliance on fossil fuels deep into this century are uncertain and being used to mislead governments and shareholders, according to a new report.

Max Worthington and Dr Justin Chalker (L to R) from Flinders University uncovered the substance's mercury absorbing ability

New substance uses orange peel to absorb mercury from water

Australian researchers are seeking an international patent after discovering that harmful mercury can be removed from water using industrial waste and orange peels.

Japan, the US and the EU are contributing as little as a fifth of their estimated fair share reduction targets

Report: Rich countries failing to accept 'fair share' of climate action

The climate pledges made by rich countries are less than their 'fair share', according to new report released today (19 October).

The OGCI collectively provides a fifth of global oil and gas production

Oil and gas giants urge Paris leaders to commit to 2C target

The leaders of 10 oil and gas companies including Shell, BP and Total have issued the industry's clearest statement yet on the need to tackle climate change.

BP's chief economist accepted that oil reserves would never be fully exhausted

BP: Oil unlikely to be fully exploited due to climate concerns

The world's oil resources are unlikely to ever be fully exploited, BP has admitted, due to international concern about climate change.

Poland's Belchatow power station, Europe's largest coal-fired power plant

End perverse fossil fuel subsidies, says Corporate Leader Group

The Prince of Wales's Corporate Leaders Group on Climate Change (CLG), which represents EU business leaders from the likes of Aviva, Kingfisher and Unilever, has thrown its weight behind calls for an end to fossil fuel subsidies.

Statoil's Mongstad oil refinery in western Norway. Photo: Øyvind Hagen, Statoil

Statoil: Carbon price should be Paris priority

EXCLUSIVE: An international price on carbon is the most efficient way of driving investment into low-carbon technologies and should be a policy priority at the Paris climate change conference in December.

The International Energy Agency has been slammed for an underselling of renewable energy potential and an overselling of the coal industry

IEA under fire for 'irresponsible' and 'misleading' energy outlook

An energy watchdog has blasted the International Energy Agency (IEA) for "holding back the global energy transition", concluding that its annual World Energy Outlook (WEO) reports were published with misleading projections.

Paul Polman, who joined Unilever in 2009, received the award in the Entrepreneurial Vision category

Unilever's Paul Polman receives UN's highest environmental accolade

Unilever's chief executive has been named as one of the winners of the United Nations' Champion of the Earth Award for his work as a 'tireless advocate' for sustainable business models.

The amendment was debated in the Lords on Wednesday but won't be voted upon until the energy bill reaches its report stage in October

Oil and gas majors could be forced to pay for CCS in the UK

Companies that import or extract oil and gas in the UK could be forced to pay for the cost of storing carbon emissions underground, under a new amendment to the Energy Bill.

Sustainability stats: This week in numbers

As we edge closer to the climate conference in Paris, this week saw a clash of horns over the energy we use. But that hasn't stopped some truly innovative green developments popping up across the globe, from Delhi to... Barnsley.

None of the 28 energy companies responded

Shell and Gazprom among companies backing 2C limit

More than a third of the world's largest listed companies, including major fossil fuel producers, say they would support an international deal limiting global warming to 2 degrees, according to research by CDP.

Boris Johnson has dismissed divestment as a 'cliff edge'

Lammy and Khan commit to divestment if elected as London mayor

Boris Johnson has come under increased pressure to move the capital's finances out of fossil fuels, as Labour party's Sadiq Khan and David Lammy both committed to do so if they are elected as London mayor next May.

One of the major policies listed in the report was to nationalise Grangemouth refinery

Scottish green energy transition could create 44,000 new jobs

Rebuilding Scotland's energy sector around green technology could generate 44,000 additional jobs compared to the current oil-and-gas status quo.

The 'CO2 Stored' database previously cost £4,000 to access

Crown Estate opens up CCS 'treasure map'

Information about potential sites for carbon capture and storage (CCS) in the UK has been made freely available to the public.

China's emissions were found to be around 14% lower than thought

Sustainability stats: This week in numbers

This week in numbers has seen some surprising electric vehicle developments and exciting new figures for renewable energy and e-waste recycling.

A Chinese steelworks industrial building. China is the world's biggest producer and consumer of energy

China's carbon emissions from fossil fuels may be 14% lower than thought

China's carbon emissions from fossil fuels and cement production may have been overestimated by as much as 14%, according to a new analysis by scientific researchers.

Air pollution is killing an average of 4,000 Chinese every day

China's air pollution crisis killing 1.6 million each year

Air pollution kills an average of 4,000 people every day in China, according to a new study by researchers at Berkeley Earth.

Earth Overshoot Day has moved from early October in 2000 to August 13th this year

Overshoot Day: Humans burn through year's worth of natural resources by mid-August

Humanity has used up a full year's supply of ecological resources by the middle of August, according to an international NGO.

New developments in Hyderbad, India's economy is expected to grow 6-8% per year

India's clean energy revolution set to price out imported coal

India's growing renewable energy market could end the country's reliance on coal imports, a new report has found.

Green groups have contrasted the UK's approach with Obama's ambitious announcement

Obama's clean power action contrasts with 'small-minded' UK approach

Green groups have compared US President Barack Obama's Clean Power Plan with the lack of UK Government action, claiming Prime Minister David Cameron needs to do more to meet climate change targets.

The World Bank climate change envoy said continued use of coal was exacting a heavy cost on some of the world’s poorest countries

World Bank rejects energy industry notion that coal can cure poverty

The World Bank said coal was no cure for global poverty on Wednesday, rejecting a main industry argument for building new fossil fuel projects in developing countries.

London businesses are woefully unprepared for the impact of climate change

London's economy facing 'great unknown' on climate risks, warns Assembly

Businesses in London are unprepared for the impacts of global warming and more than half of FTSE 100 companies have no strategy to deal with climate change.

Lord Stern's new paper says the economic case for halting climate change is stronger than ever

Lord Stern: 10 years on from the Stern Review

Ten years after the infamous Stern Review on the Economics of Climate Change was commissioned, Lord Nicholas Stern has warned the risks of global warming are even greater now than ever before.


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