Big oil companies need to cut oil production by 35% by 2040 in order to preserve shareholder value in a changing world, Carbon Tracker , a London-based think tank researching the impact of climate change on financial markets, has warned.
News ID: 7126 Publish Date : 2019/11/03
Coal power generators in Europe face 6.6 billion euros ($7.3 billion) of losses this year as plunging renewable energy costs and cheap natural gas cut use of the dirtiest plants to a record low.
News ID: 7012 Publish Date : 2019/10/24
European power companies could save billions of dollars by stepping up the closure of coal-fired power plants, as nearly all of them will be loss-making in Europe by 2030, think-tank Carbon Tracker Initiative says.
News ID: 1634 Publish Date : 2017/12/11