Archive

  • Cenovus wades into stranded assets debate

    30 May 2014

    Canadian oil firm Cenovus Energy has become the latest fossil fuel company to engage in the debate on 'stranded carbon assets'.

  • Shell considers 'stranded assets' risk when screening projects

    29 May 2014

    The possibility that certain oil and gas assets may become 'stranded' as a result of government regulations to combat climate change is included in contingency plans when Royal Dutch Shell assesses potential new projects, a company spokesman said.

  • Exxon disappoints investors with response to 'stranded assets' risk

    01 April 2014

    ExxonMobil has rejected the suggestion from several investor groups that much of its fossil-fuel reserves will be rendered 'unburnable', as a result of global efforts to combat climate change.

  • BP enters debate on unburnable carbon

    20 March 2014

    BP has weighed into the debate on stranded assets, acknowledging the concept of a carbon budget, but effectively shrugging off warnings over stranded assets.

  • Climate specialist Mark Proegler leaves BP

    30 January 2014

    Mark Proegler has left BP, where he served as director of climate and transport energy policy since June 2009, to take a career break.

  • Companies' efforts to tackle water risk are 'inadequate'

    31 October 2013

    Companies increasingly recognise that threats to their water security pose a significant risk to their business, but their response to problem is often "inadequate and misguided", the latest CDP Global Water Report has warned.

  • Call to financiers to fund emerging markets renewables revolution

    28 October 2013

    Financiers need to help the renewables industry shift its focus from the "dying" Western subsidies market and embrace the "phenomenal revolution" in emerging markets, a conference heard.

  • French cleantech fund makes first US investment

    10 October 2013

    A young Paris-based venture capital firm specialising in clean energy and environmental technologies has bought an undisclosed stake in a Californian energy efficiency company.

  • UK commits £1bn to low-carbon vehicle research

    15 July 2013

    The government and the automotive industry in the UK have each agreed to invest £500 million ($755 million) over the next 10 years to develop and commercialise technologies for low-carbon vehicles.

  • UK opens wheat-fuelled biorefinery, ahead of EU vote

    10 July 2013

    The UK's largest biorefinery, officially opened on Tuesday, will produce 420 million litres of bioethanol – a third of the country's current need – when operating at full capacity, the owners said.