Global
A new study finds that adopting CCS across many polluting sectors would cost $30 trillion more than a low-CCS scenario. Experts say the fossil fuel industry’s preferred solution would be “highly economically damaging.”
A landmark EU deal this week to impose methane emissions limits on oil and gas imports into Europe should spur global action at COP28.
An ExxonMobil executive told a London conference that gas is still needed, in spite of growing calls to shift away from fossil fuels towards renewable energy.
The LNG industry’s outlook is looking increasingly optimistic amid expected demand growth particularly in Asian countries, delegates heard.
Many countries have promised to cut emissions dramatically by 2030 and achieve net zero emissions by 2050. But current plans have the world on pace to produce twice as much fossil fuels by 2030 than is compatible with climate targets.
A new generation of satellites starting in 2024 will provide unparalleled transparency on methane emissions, Marcelo Mena-Carrasco, CEO of the Global Methane Hub, said in a Gas Outlook interview.
The Paris-based International Energy Agency said that the fossil fuels sector is not doing enough to cut methane emissions from oil and gas. Rapid cuts would yield enormous climate benefits.
The gas industry continues to build new gas-fired power plants, pipelines, and LNG export terminals, but the IEA said that no new projects are needed in a climate-aligned world.
In spite of record high European gas storage levels, the continent is vulnerable to risky global LNG dynamics as winter approaches.
Benzene is a known human carcinogen, with clear links to cancer. A new study finds alarming levels of benzene emitted from normally-functioning gas stoves.
A new report found that even though net zero claims continue to proliferate, even among fossil fuel companies, the commitments are riddled with loopholes.
A campaign to pressure major companies worldwide to reveal their environmental impact says that 1,600 companies, including ExxonMobil and Saudi Aramco, are still not disclosing enough info to investors.
Renewable energy capacity additions are set to increase by a record 107 GW year on year to reach 440 GW globally in 2023, an IEA report said.
The environmental law charity is urging a UK court to reconsider its dismissal of the NGO’s landmark Shell lawsuit against the firm’s board of directors over alleged inaction against climate change.
Climate activists blasted a communique from the G7 nations, which issued qualified support for investment in more gas supplies.