oil

Fossil fuel subsidies hit new highs in 2022, despite countries’ pledges at climate COPs

Fossil fuel subsidies hit new highs in 2022, despite countries’ pledges at climate COPs

The total amount of fossil fuel subsidies provided globally almost doubled year-on-year in 2022, reaching an all-time high of $1trn, according to the International Energy Agency (IEA).

Report: New coal mines and power plants ‘effectively uninsurable outside China’

Crown Estate Scotland opens flagship leasing round for offshore wind innovations

Global oil demand could peak in three years, but world still on course to breach 1.5C threshold

Businesses failing to back net-zero commitments with robust decarbonisation plans, investors warn

World leaders must ‘radically’ scale up renewable energy now, IRENA warns

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Oil and Gas Authority renames as North Sea Transition Authority

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Unilever launches low-carbon hydrogen demonstration project at UK manufacturing site

MPs and local authorities back Local Electricity Bill to reduce reliance on imports

UK to end imports of oil from Russia by end of 2022

EU unveils plan to become independent from Russian fossil fuels ‘well before 2030’

Boris Johnson to unveil new ‘energy supply strategy’ that hints at fossil fuel uptake

‘Incremental change is out of runway’: Sally Uren’s top tips for driving systems change

Taxpayer money supporting ‘uneconomic’ North Sea oil and gas exploration, report warns

‘Huge loopholes’: Green groups slam HSBC’s new targets for cutting financed emissions

Europe’s biggest banks ‘provided $33bn to oil and gas majors after making net-zero pledge’

Energy price crisis: Boris Johnson implies that gas can be ‘green’ at PMQs
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