IEA unveils major new green Covid-19 recovery roadmap
The International Energy Agency (IEA) has set out a string of policy recommendations green Covid-19 recovery packages, which, if followed in full, could slash annual energy-related emissions by billions of tonnes, while creating jobs, improving air pollution and boosting GDP.
BP forecasts $17.5bn assets hit, accelerates strategy restructure to prioritise renewables
BP is preparing to reduce the value of its assets by between $13bn (£10.4bn) and $17.5bn (£14bn) over the next three months and says the impacts of the Covid-19 will spur its transition to low-carbon energy.
European Commission promises green recovery to EU lawmakers
The European Commission's Green Deal chief, Frans Timmermans, assured EU lawmakers that "every euro" spent on economic recovery measures after the COVID-19 crisis would be linked to the green and digital transitions. EURACTIV Germany reports.