ISSN 2753-7757 (Online)

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Energy efficiency

Collection of energy-wasting light bulbs

4/5/2022 News

Light bulb moment for the US

New light bulb efficiency standards have been announced in the US that will phase out energy-wasting bulbs, significantly reducing many households’ electricity bills and averting needless greenhouse gas emissions from power plants.

Emissions

Aerial view of CO2 carrier offloading in dock

22/10/2025 News

OGCI members have cut carbon intensity by 24% since 2017

The Oil and Gas Climate Initiative’s (OGCI) latest annual progress report shows its 12 members, including Shell, have cut aggregate upstream methane intensity by 62%, flaring by 72% and carbon intensity by 24% since 2017, investing $125bn in low-carbon solutions. Meanwhile, Shell is forging ahead with a gas project offshore Nigeria as the company looks to expand its global LNG volumes by an average of 4–5% per year to 2030.

Batteries

View of Kapolei Energy Storage facility on Oahu, Hawaii

24/1/2024 News

Aloha to ‘world’s most advanced’ battery energy storage system

The Kapolei Energy Storage (KES) facility on Oahu, Hawaii – which claims to be the most advanced grid-scale battery energy storage system in the world – has begun operations.

Exploration and production

Shearwater gas field, North Sea

8/6/2022 News

UKCS on track to meet emissions targets but intensity needs to be addressed

The last few years have seen a reduction in total emissions from UK Continental Shelf (UKCS) upstream operations and improvement in emissions intensity as companies have focused their attention on operational advancements and efficiencies. But, with the low hanging fruit picked, there is a risk that this trend will reverse without capital investment, according to Westwood Global Energy Group.

Energy policy

View across River Thames of Westminster, London, at dusk

1/11/2023 News

Landmark energy legislation becomes law in the UK

The biggest piece of energy legislation in UK history, the Energy Act 2023, passed into law last week. It aims to transform the country’s energy system by strengthening energy security, supporting the delivery of net zero and ensuring household bills are affordable in the long-term.

Finance and investment

The US Department of Energy (DOE) is investing more than $295mn of new funding to help deliver on President Biden’s goal of net zero greenhouse gas emissions by 2050

8/2/2023 News

US unveils major investment in net zero technologies

The US Department of Energy (DOE) has unveiled more than $295mn of new funding for research and development (R&D) of carbon management, sustainable biofuels and clean hydrogen technologies to help deliver on President Biden’s goal of net zero greenhouse gas emissions by 2050.

Sustainable aviation fuels (SAF)

Man refuelling a British Airways aeroplane

4/12/2024 News

UK SAF mandate becomes law as government revamps aviation net zero taskforce

The UK’s Sustainable Aviation Fuel (SAF) Mandate was signed into law last month, with 22% of all jet fuel set to go green by 2040. The UK government also launched a revamped Jet Zero Taskforce to boost efforts to make greener air travel a reality.

Renewables

Aerial view of solar farm

10/5/2023 News

Solar and wind can meet world energy demand ‘100 times over’

Huge falls in the cost of solar and wind power in the last few years have unlocked an energy reserve that can meet world demand 100 times over – and most is already economic compared with fossil fuels – according to a new report from Carbon Tracker.

Fossil fuels

Offshore oil platform at sunset

15/2/2023 News

Sizing the costs if the fossil fuel bubble bursts

While efforts have been made to shore up the stability of the global financial system since 2008, regulators are lagging behind in implementing rules that adequately mitigate the risks of climate change and net zero on banks and insurers. So says a new report that suggests that without robust capital requirements in place, the socio-economic impacts of a fossil fuel-led financial crisis could be severe, with huge job losses predicted and a global bailout of $4.9tn potentially required to keep banks afloat.

Finance and investment

Graphic of dollar signs

2/11/2022 News

Energy investment is going to the wrong places, argues new report

Projected investments in new oil and gas fields by 2030, incompatible with limiting global warming to 1.5°C, could fully finance the wind and solar energy ramp-up required to stay within this target, according to a new report from the International Institute for Sustainable Development (IISD).

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