Norway’s state-backed energy giant pledges to cut emissions from its Norway operations by 40 per cent by 2030, 70 per cent by 2040 and to near zero by 2050 Equinor has today released details of new long-term emissions reductions targets for its Norwegian operations, in a bid to bring its emissions within its home nation to “near zero” by 2050. Equinor, the oil and gas giant backed by the Norwegian state, has promised to cut greenhouse gas emissions from its operated offshore fields and onshore plants in Norway by 40 per cent by 2030 and 70 per cent by 2040, hitting “near zero” emissions in the country by 2050.
Business Green 6th Jan 2020 read more »
FT 6th Jan 2020 read more »
Royal Dutch Shell is at risk of falling short on plans to invest up to $6bn (£4.6bn) in green energy projects between 2016 and the end of 2020, with its slow progress likely to raise concern that oil companies are not moving fast enough to help tackle the climate crisis. The Anglo-Dutch oil company has spent an estimated $2bn on building a low-carbon energy and electricity generation business since setting up its “new energies” division in 2016. With a year to go, the sum is well below Shell’s own guidance that the total investment between 2016 and the end of 2020 would be between $4bn and $6bn. Shell’s green energy plans are some of the most ambitious in the oil industry, despite assigning just a 10th of its spending pot to “new energies”.
Guardian 3rd Jan 2020 read more »
Extinction Rebellion activists have now ended their occupation of an oil rig in Dundee which was aimed at stopping it from working for Shell in the North Sea. Three protestors, who scaled the Valaris 122 jack-up earlier today, left the vessel shortly after 5pm. It’s understood police arrested seven people. Extinction Rebellion said earlier that the trio were prepared to “stay up there for as long as possible to stop the rig leaving the harbour”. The group added that they had climbed the towers of the rig as part of 10 days of “solidarity actions”.
Energy Voice 6th Jan 2020 read more »
Independent 6th Jan 2020 read more »
The National 6th Jan 2020 read more »
Scotsman 6th Jan 2020 read more »