The Report looks in-depth at how India’s role on the global oil market may evolve over the period through to 2030. It examines investment plans for the refining and petrochemical industry and how these developments may impact Indian crude and product net trade. The Report looks at energy transition trends …
Investor resolutions urging corporate leaders to be more environmentally friendly in how they run their businesses are being rolled out at a record pace this year for the energy industry. Just don’t expect them to pass. Proposals meant to nudge Exxon Mobil Corp. and Chevron Corp. into nominating directors with …
Oil companies are ratcheting up their involvement in the debate over climate change as governments, activists, churches and some big investors gear up for a global summit on the issue at the end of the year in Paris. The stated goal of the summit is to keep man-made warming limited …
By the end of this month, the government is expected to announce a national long-term energy plan for 2030 that will include a “best energy mix” scenario — the formula for the various ratios of oil, coal, LNG, nuclear power and renewable energy that will be powering Japan in 15 …
Thirty-two energy companies led by Russia's Gazprom account for almost a third of all man-made greenhouse gas emissions if the burning of all the coal, oil and gas they produce is taken into account, a study said on Wednesday. Total emissions linked to the companies rose 1.3 percent from 2010-13, …
Royal Dutch Shell and its peers in Europe are slowly waking up to the existential danger to their operations emerging from policies designed to limit climate change. Europe's largest oil companies are banding together to forge a joint strategy on climate change policy, alarmed they'll be ignored as the world …
Environment activists are taking legal action against the government for refusing to release environmental assessment documents for petroleum exploration off the coast of South Australia. The International Fund for Animal Welfare (IFAW) is challenging the decision in the Administrative Appeals Tribunal after it sought access to an environment plan and …
Seven environmental groups filed a lawsuit on Thursday challenging safety rules issued earlier this month for trains carrying oil, arguing the regulations are too weak to protect the public. The groups, including the Sierra Club and Center for Biological Diversity, charge that the rules, issued on May 1, will allow …
Environmental groups and experts hit out at the US government on Tuesday following its announcement that the Anglo-Dutch oil giant Shell would be allowed to resume offshore exploration and drilling in the Arctic’s American waters. Unforgiving conditions in the Arctic’s icy waters not only make the chances of a spill …
Academics, civil engineers and architects from three of six funds worth £23bn vote to sell off coal and high risk oil and gas – but lawyers, vets and other engineers vote against divestment Academics, civil engineers and architects in Denmark have voted in favour of their pension funds selling off …
Oil and gas development, though it has met our demanding energy needs, also transforms landscapes, impacting both the environment and wildlife, new research says. As of late, roughly 50,000 new wells have been drilled annually in central North America, in areas such as the Bakken, Eagle Ford and the Marcellus …
Move by church’s £9bn fund to divest £12m from tar sands oil and thermal coal reflects more interventionist stance and sets lead for other institutional investors In a move approved by the church’s board on Thursday, it divested £12m from tar sands oil and thermal coal – the first time …
Silicon Valley start-ups are proud of their fast-paced culture and being first movers in creating new product categories and markets. UN climate change summits are the opposite: they sit and discuss the risks of being first movers by transforming our energy systems to reduce emissions and protect our planet, but …
Private and state-owned energy companies own reserves of fuel containing more than 3,200 gigatonnes of carbon dioxide – nearly five times the amount that can be burned if the global temperature is to be kept to within safe levels, according to a report. The World Bank and Bank of England …
Royal Dutch Shell released 76 million tonnes of direct greenhouse gas emissions, used 193 million cubic metres of fresh water, and disposed of 2.2 million tonnes of waste in 2014. The figures come from the oil and gas giant's latest Sustainability Report.
In the UK, Archbishop Desmond Tutu has demanded that his alma mater – King’s College London – sell off its fossil fuel shares and Oxford’s former finance director threw his weight behind calls for divestment by helping to take over a university administration building. In the US, Harvard alumni – …
Syracuse University will remove its $1.18bn (£800m) endowment from direct investments in fossil fuel companies, it announced on Tuesday. Syracuse is the biggest university in the world to have committed to remove its endowment from direct investments in coal, oil and gas companies. It aims to make additional investments in …
The Guardian Media Group (GMG) is to sell all the fossil fuel assets in its investment fund of over £800m, making it the largest yet known to pull out of coal, oil and gas companies. The decision was justified on both financial and ethical grounds, said Neil Berkett, GMG chair: …
Nearly one million new "green jobs" are expected to be created in China, the United States and the European Union by 2030 if the regions stick to their current pledges to curb global warming, scientists said on Tuesday. The three regions combined produce more than half the world's greenhouse gas …
The MSCI ACWI ex Fossil Fuels Index is based on the MSCI ACWI Index, its parent index, and includes large and mid-cap stocks across 23 Developed Markets (DM) and 23 Emerging Markets (EM) countries. The index represents the performance of the broad market while excluding companies that own oil, gas …
This report develops an analytical framework that assesses the macroeconomic, environmental and distributional consequences of energy subsidy reforms. The framework is applied to the case of Indonesia to study the consequences in this country of a gradual phase out of all energy consumption subsidies between 2012 and 2020. The energy …
