The collapse in global oil prices is good for the climate, and clean energy. Big Oil has put Arctic drilling on hold because it no longer makes economic sense. That will allow extend the world’s carbon budget, and result in capital flowing to renewables.
Tag: "climate change"
Vattenfall’s CEO Magnus Hall likens the selling of its lignite operations in Germany to E.On’s recent decision to dump centralised fossil fuel generation.
Shell’s top climate advisor told an audience at the COP20 Lima, that the company enjoys its relationship with ALEC.
It’s clear that the new agreement must be different from the litany of past compacts, protocols, accords and decisions—but how?
It is completely unrealistic to expect that Australia will be able to grow its share of fossil fuel production whilst other countries reduce their share in a world with strict limits on carbon emissions.
Tony Abbott called it a Bob Brown slush fund, but Barack Obama has promised to inject serious capital into Green Climate Fund.
The Industry Innovation and Competitiveness Agenda looks to be based on a hotchpotch of political ideology and helping the Government’s mates.