Peak Oil Is Coming

Credit to Author: David Waterworth| Date: Thu, 03 Feb 2022 03:12:56 +0000

The latest note from Carbon Tracker warns that Peak Oil demand is coming sooner than most people think and could lead to stranded assets and massive losses. It may not appear so at the moment, as energy in all forms is in massive demand, coming out of the economic doldrums of the covid epidemic. But […]

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Oil & Gas Majors Must Cut Output 35% By 2040 To Reach Paris Targets

Credit to Author: Joshua S Hill| Date: Mon, 04 Nov 2019 16:27:28 +0000

A new report from independent financial think tank Carbon Tracker has concluded that the world’s seven leading oil and gas majors must cut production by an average of 35% by 2040 if global emissions are to be reined in and kept “well below” 2°C, in accordance with the Paris Agreement’s commitment. 

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Report: Nearly 80% of EU Coal Units Operate at a Loss

Credit to Author: Darrell Proctor| Date: Thu, 24 Oct 2019 14:23:56 +0000

The post Report: Nearly 80% of EU Coal Units Operate at a Loss appeared first on POWER Magazine.

A new report from a group that studies the impact of climate change on financial markets recommends that European Union (EU) governments move to phase out coal-fired power generation completely by 2030 in order to avoid even-greater economic damage. Carbon Tracker, a London, UK-based group supported by foundations in Europe and the U.S., on Oct. 24 […]

The post Report: Nearly 80% of EU Coal Units Operate at a Loss appeared first on POWER Magazine.

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