Analysis by Carbon Brief shows that, for the first time, the BP Energy Outlook is forecasting a peak in global coal demand. It has trimmed 239 million tonnes of oil equivalent (Mtoe), or 6%, from its 2035 outlook for coal, which it now expects to be below demand in 2030.
Carbon Brief 27th Jan 2017 read more »
Ireland has voted to be the world’s first country to fully divest public money from fossil fuels. The Irish Parliament passed the historic legislation in a 90 to 53 vote in favour of dropping coal, oil and gas investments from the €8bn (£6.8bn) Ireland Strategic Investment Fund, part of the Republic’s National Treasury Management Agency. The bill, introduced by Deputy Thomas Pringle, is likely to pass into law in the next few months after it is reviewed by the financial committee.
Independent 27th Jan 2017 read more »