Energy
China roars past EU as solar’s largest market
NEWS: China has now overtaken the European Union as the largest new market for solar power, says new report
Shell backs climate change resolution filed by shareholder activists
NEWS: In a “huge victory” for campaigners, Shell supports call for deeper analysis into the climate risk for its business
Denmark gears up for fight against fracking
NEWS: Activists in the EU’s greenest country are poised for battle as Total prepares to begin shale gas exploration
Shell plans to drill for Arctic oil this summer
NEWS: Oil major confirms controversial plans to exploit Arctic reserves, subject to permits and resolving legal issues
Arctic still profitable despite $50 oil – Statoil
NEWS: Norwegian oil major rebuts notion that Greenland withdrawal is evidence of “carbon bubble”
Oil chiefs hold Davos meeting to debate climate strategy
NEWS: Saudi Aramco’s Khalid Falih says industry leaders discussed impact and responses to proposed UN climate change deal
Coal lobby plays down divestment fears
NEWS: World Coal Association admits that divestment is a concern for the industry, but says it won’t dent growth
UN climate chief: Carbon bubble is now a reality
NEWS: Christiana Figueres says there is evidence that fossil fuel investors are already being hit as projects become unviable
UK Labour leader on collision course with Shell and BP
NEWS: Ed Miliband has declared his support for a net zero emissions goal that would put oil companies out of business
China and US drove renewable investment growth in 2014
NEWS: A slumping oil price did not dampen enthusiasm for clean energy in 2014, as data shows global investment grew 16%
Oil price slump boosts Egypt fuel subsidy phase-out
NEWS: Lower commodity prices have eased pressure on Egypt’s budget as it moves to eliminate fossil fuel subsidies by 2019
Arctic oil “unburnable” in 2C world – study
NEWS: UK research shows which regional fossil fuel reserves are unviable if the world is to avoid catastrophic warming
World Bank urges leaders to use oil crash to slash subsidies
NEWS: As oil price hits 5-year low, chief economist warns emissions could rise without government leadership
Chinese coal demand fell in 2014
NEWS: New figures from Beijing government shows China’s hunger for coal is waning
Future of fracking in doubt as oil prices spiral
NEWS: Increased US supply a major reason for the drop in oil prices, but there are warnings that the industry now faces a crisis
Nuclear faces tough 2015 as renewables growth soars
NEWS: Governments are still spending billions on nuclear research, but it looks like being an unhappy new year for the industry
Norway’s Statkraft plans $8 billion green energy drive
NEWS: State-owned electricity company plans hydro and wind projects following cash boost from Parliament
Investors question fossil fuel industry as renewables rise
NEWS: Increasing oil production but falling demand creates problems for fossil fuel industry as investors turn away from sector
Fracking ban boosts New York governor’s approval rating
NEWS: One in three New York voters think better of Andrew Cuomo since he banned fracking in the state over health concerns
Gulf states will let oil price fall further, say ministers
NEWS: Saudi refusal to cut oil production could drive prices lower and make tar sands, deepwater and shale projects unviable