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climate change

  • In the News

    Cape Town Nets R36m in Carbon Credit Auction

    by Motoni Olodun July 18, 2024
    by Motoni Olodun July 18, 2024

    Cape Town nets R36 million from a successful carbon credit auction, bolstering its sustainability initiatives and climate change mitigation efforts.

  • In the News

    India’s Solar Growth Slows as Coal Reliance Rises

    by Victor Adetimilehin July 5, 2024
    by Victor Adetimilehin July 5, 2024

    India’s solar power sector experiences its slowest growth in six years as the nation prioritizes coal power to address energy security concerns. This increased reliance on fossil fuels casts doubt …

  • In the News

    US Announces $850 Million Grant Program to Curb Oil Sector Methane Emissions

    by Victor Adetimilehin June 23, 2024
    by Victor Adetimilehin June 23, 2024

    US unveils $850 million grant program to help small oil and gas producers reduce methane leaks. Initiative targets development of methane detection technologies and aims to curb potent greenhouse gas.

  • In the News

    Exxon Lawsuit Dismissed After Activist Investors Agree to Drop Climate Proposal

    by Victor Adetimilehin June 18, 2024
    by Victor Adetimilehin June 18, 2024

    A Texas judge dismissed a lawsuit by Exxon Mobil against activist investor Arjuna Capital after the group agreed to withdraw a proposal on greenhouse gas emissions. The dismissal raises concerns …

  • In the News

    EU Tightens Grip on Climate Change, New Law Targets Methane Emissions

    by Victor Adetimilehin May 28, 2024
    by Victor Adetimilehin May 28, 2024

    The EU approves a new law targeting methane emissions from imported oil and gas, aiming to pressure international suppliers and reduce global climate impact.

  • In the News

    Exxon Mobil Faces Investor Rebellion Over Climate Lawsuit, Leadership

    by Victor Adetimilehin May 14, 2024
    by Victor Adetimilehin May 14, 2024

    In a move that could signal a significant shift for Big Oil, Exxon Mobil faces mounting pressure from investors unhappy with the company’s handling of climate change activism. This investor …

  • Energy TransitionIn the News

    Climate Commission Model Forecasts Green Industrialization Growth

    by Motoni Olodun May 7, 2024
    by Motoni Olodun May 7, 2024

    A groundbreaking report released by the Climate Commission outlines a path toward robust green industrialization, signaling immense growth potential in sustainable practices. The comprehensive analysis underscores the urgent need for …

  • In the News

    G7 Nations Agree to Phase Out Coal by 2035, With Flexibility

    by Victor Adetimilehin May 1, 2024
    by Victor Adetimilehin May 1, 2024

    The G7 nations agreed to stop using coal for electricity by 2035, but with some exceptions for Germany and Japan. This decision reflects a global effort to fight climate change …

  • In the News

    G7 Nations Agree to Phase Out Coal by 2035

    by Victor Adetimilehin April 30, 2024
    by Victor Adetimilehin April 30, 2024

    The G7 nations, a group of major industrialized countries, have struck a deal to eliminate coal-fired power plants within their borders by the first half of the 2030s. This significant …

  • In the News

    Renewable Energy Investment Cools as Growth Concerns Mount

    by Victor Adetimilehin April 11, 2024
    by Victor Adetimilehin April 11, 2024

    Rising concerns about growth prospects and policy uncertainty, particularly in the US, are causing investors to pull back from renewable energy funds, threatening the green energy transition.

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Nigeria’s Oil Boom: Record Production in September 2023

Oil Slips as Traders Brace for OPEC+ Supply Hike, Weaker U.S. Fuel Demand
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