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North Sea Oil Industry ‘Voted’ on New ‘Climate Compatibility’ Drilling Policy, Minutes Show

DeSmogBlog

The Task Force put out a statement yesterday calling for “responsible investment” in the UK’s oil and gas industry, which it said would “play a vital role in helping the UK to achieve net zero by 2050” by avoiding the import of higher-emission oil and liquified natural gas (LNG) from abroad. As the COP host, the U.K.

Policy 83
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'Climate security is energy security': Alok Sharma urges world to 'break dependency on fossil fuels'

Business Green

In a speech in Glasgow to mark six months since the landmark UN Climate Summit, the COP26 President conceded the Kremlin's "illegal and brutal" war, rising inflation, and cost of living concerns had dominated the political and media agenda in 2022, but stressed that climate action must remain a top priority for governments around the world.

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UK Hydrogen Strategy: The green economy reacts

Business Green

Here, BusinessGreen rounds up the reaction from a host of leading figures and organisations from across politics, business, NGOs, academia and think tanks offer their views on the Strategy and its many implications for the UK's net zero transition. We are working at pace.

Hydrogen 101
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'Presumption against exploration': Tougher climate tests needed for new oil and gas projects, UK climate advisors warn

Business Green

However, the CCC stopped short of calling for an outright ban on new oil and gas exploration, arguing it had not been able to empirically prove the net effect reducing or increasing UK production would have on global emissions. The UK's COP president, Alok Sharma, is being cut off at the knees in his diplomatic efforts to keep 1.5

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The future of fossil fuels could be decided in Dubai

The Verge: Energy

A major United Nations report from 2018 charted out what it would take to reach that goal: reaching net zero greenhouse gas emissions by 2050. Greenhouse gas emissions come from extracting and burning fossil fuels, of course. And yet the Paris Agreement manages to omit the words coal, oil, natural gas, and fossil fuels.

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Could COP26 be the 'beginning of the end' for oil and gas?

Business Green

Saudi Arabia and Australia are assumed to be working hard to strip any mention of fossil fuels from the final text, in line with COP tradition, while reports this afternoon indicated China was fiercely opposed to any mention of a coal phase out. Fossil fuels have long been a politically loaded term within the UN climate change process.

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Could COP26 be the 'beginning of the end' for oil and gas?

Business Green

Saudi Arabia and Australia are assumed to be working hard to strip any mention of fossil fuels from the final text, in line with COP tradition, while reports this afternoon indicated China was fiercely opposed to any mention of a coal phase out. Fossil fuels have long been a politically loaded term within the UN climate change process.