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Baker Hughes acquires firm to advance next-generation carbon capture tech.
- Investments in developing carbon capture and removal technologies necessary to meet climate goals
Solar and wind prove cheapest sources to cut global emissions
- Unit costs of solar and wind energy fall by 85% and 55%, respectively between 2010 and 2019
Limiting global warming to 1.5°C beyond reach without deep emissions reductions
- Options in all sectors available to at least halve emissions by 2030 but major energy sector transitions are required, IPCC scientists say
Renewable energy top priority for economic development of Turkish society
- 79% of the participants see renewable energy as a good opportunity for economic development, research shows
France bans heated, air-conditioned terraces
- Famed outdoor terraces of restaurants, cafes, bars face decree to fight climate change
'Turkiye plays role in raising awareness of climate change worldwide’
- Turkiye is very sincere in fighting climate change, says Turkish deputy foreign minister
Turkish capital hosts world’s first ever summit for climate change and economy
-Anadolu Agency will be global communications partner of 2-day event
UK, Saudi Arabia agree to 'collaborate to maintain stability in energy market'
- Prime Minister Boris Johnson meets Saudi Crown Prince Mohammed bin Salman in Riyadh
UN warns half of humanity lives in danger zone now due to climate change hazards
- Scientists find progress on adaptation is uneven, with gaps increasing between action taken and what is needed to deal with growing risks
28.02.2022
World
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India’s quest for solar energy may have adverse social, ecological effects
- Experts urge caution as India aims to achieve installed solar capacity target of 270 gigawatts by 2030
Turkiye's 1st climate council discusses carbon emissions reduction on 3rd day
- Turkiye to create roadmap to combat climate change together with country's youth, says Turkish environment minister
Energy sector induced methane emissions 70% higher than official figures
- Energy sector accounts for 40% of total methane emissions that are responsible for around 30% rise in global warming
Global gas pipeline expansion spawns $485B stranded asset risk amid clean transition
- Rapid growth in gas pipeline network perpetuates dangerous status quo incompatible with Int. Energy Agency's 1.5 ºC net-zero scenario
Turkiye's first climate council kicks off
- Roadmap to be formed in line with Paris Agreement to reach 2053 net zero emissions target
21.02.2022
Turkey
Oil price surge could spark climate-busting investment in new projects
- Firms can avoid wasting $500 billion with managed approach to transition even if oil demand rises short-term, study finds
Energy transition may shave 2% off global GDP by 2050: WoodMac
- Countries with higher carbon dependent economies will face more severe economic consequences of energy transition, report says
UK, Egypt vow to cooperate to fight climate change
- Senior officials affirm 'joint commitment to accelerating the fight against climate change during this critical decade'
Around 1.8B in 25 countries experience record-warm temperatures in 2021
- 2021 is fifth-warmest year on land and nominally sixth-warmest year on Earth since 1850, a new report finds
Turkiye's climate decisions this year to pave road for 2053 net zero target
- First and most effective step to set strong roadmap is through declaration of coal phase-out strategy, experts concur
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Last 7 years recorded as 7 warmest globally
- Last year's annual average temperature is in range between 1.1-1.2°C above pre-industrial level of 1850-1900, new data shows
Climate change driven extreme weather events displace over 1.3M people in 2021
- Most extreme weather events this year hit poorer nations which have little impact on climate change
27.12.2021
Finance
Highlights of global energy market in 2021
- Record natural gas prices, fluctuating oil prices and climate negotiations are hot topics in 2021
Coal power expected to set new record in 2021 threatening net zero goals
- Rapid economic recovery and steep rise in gas prices increase coal power, underscoring need for strong policy to cut coal emissions
Global warming rise could cause $1.6T in labor loss without immediate action
- Many countries and people most impacted by current and future labor losses are not responsible for bulk of emissions
Global oil output rises by 0.74% in November 2021
- OPEC forecast unchanged for global oil demand in 2021 and 2022, with growth of 5.7M and 4.2M barrels per day, respectively
Trillion-dollar chemical industry needs to reduce health and environmental impact
- Majority of chemical firms develop hazardous products despite touting green credentials, report says
Global energy efficiency progress well short of level to meet climate goals
- Annual rate of improvement in global energy intensity is below 4% needed between 2020 and 2030 for net zero pathway, IEA says
Global oil output rises by 1.45% in October
- International Energy Agency keeps forecast unchanged for increase in global oil demand for this year and next year