LUKOIL: Presents Global Energy Outlook 2050
Leonid Fedun, Vice President for Strategic Development of PJSC LUKOIL, presented the outlook for the development of global energy to 2050 today in Moscow. The report analyses possible greenhouse gas emission tracks in three scenarios of various approaches to climate regulations. It evaluates attainability of the goals to keep global …
Rystad Energy: COP26 Pledge to do Better Could Help Limit Global Warming to 1.6°C but more Evidence Needed
Rystad Energy’s assessment of the COP26 summit consensus is that the last-minute compromises can be seen as overwhelmingly positive towards averting critical levels of global warming. Our data-driven forecasts model different climate scenarios and, up until the Glasgow Climate Pact, our research pointed to a likely outcome of 1.8°C. However, …
Rolls-Royce And SDCL Join Forces to Accelerate the Take-Up of Sustainable Power with Launch of ‘Energy-as-a-Service’
Rolls-Royce has agreed to a cooperation with the global investment firm Sustainable Development Capital LLP (SDCL) to jointly offer ‘Energy-as-a-Service’ solutions that can help accelerate the take-up of more sustainable power. The agreement, signed at the World Climate Conference (COP26) in Glasgow on 11 November, allows Rolls-Royce to provide customers …
COP26: GECF Reminds the World “Energy for All” Achievable with Natural Gas
The Gas Exporting Countries Forum (GECF), the global platform of the leading gas producing nations, has urged the international community gathered in Glasgow, UK, for UNFCCC COP26 to look for energy options that achieve the right balance between the post-COVID-19 economic and social requirements and climate actions, particularly for the …
Russia, GECF Reinforce Cooperation at COP26
On the sidelines of the UNFCCC COP26, HE Alexey Overchuk, Deputy Prime Minister of the Russian Federation held a working meeting with HE Yury Sentyurin, Secretary General of the Gas Exporting Countries Forum (GECF), which reinforced the long-standing historic ties between the Forum and one of the world’s largest energy …
90 Countries Support EU-US Initiative to Reduce Methane Emissions by 30%
More than 90 countries have agreed to a global EU-US initiative to reduce methane emissions by 30% by 2030. These included 15 of the 30 countries with the highest emissions. “At the official ceremony of the second day of the 26th Conference of the Parties to the United Nations Framework Convention …
Press Conference: Launch of 2021 Emissions Gap Report
Ahead of the 26th UN Climate Change Conference of the Parties (COP26) the UN Secretary-General, António Guterres, and the Executive Director of the UN Environment Programme (UNEP), Inger Andersen, will officially launch UNEP’s flagship Emissions Gap Report, during an online press briefing at 9:15am EST/4:15pm EAT/3:15pm CET on Tuesday, 26 October 2021. …
DNV Calls Upon Leaders at COP26: Paris-Compliant Transition is Affordable, but will Require Massive Redirection of Capital into Clean Energy
An urgent change of mindset and a massive redirection of spending from carbon-heavy investment into clean energy is needed if an affordable transition that meets the Paris Agreement is to be achieved, says DNV in its special report: “Financing the Energy Transition“. The financial markets, supported by policy and regulation, …
Electrification Not Enough to Meet Net Zero Target, DNV’s Energy Transition Outlook 2021 Warns
A new forecast of the energy transition from DNV has warned that even if all electricity was ‘green’ from this day forward, the world will still fall a long way short of achieving the 2050 net zero emissions ambitions of the COP21 Paris Agreement. DNV’s Energy Transition Outlook, now in …