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UPDATE 1-IEA s urgent fossil fuel warning earns mixed reception from producers

IEA s urgent fossil fuel warning earns mixed reception from producers

-A stark appeal by the world s top energy body to stop investment in new fossil fuel projects by next year has met a mixed reception from the world s top producers - from guarded praise and pledges.

Latest Corona-related news in brief:

Latest Corona-related news in brief:
newsinenglish.no - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsinenglish.no Daily Mail and Mail on Sunday newspapers.

Solberg survives Bergen Engines breakdown

Solberg survives Bergen Engines breakdown May 21, 2021 Prime Minister Erna Solberg has avoided a lack of confidence vote in Parliament after she and her justice minister, Monica Mæland, apologized for the government’s lack of preparedness regarding the aborted sale of Bergen Engines this spring. That’s mostly because no one wants to unseat her government just 100 days ahead of the September election. The opposition in Parliament wants voters to do that job, suggests Hege Ulstein, commentator in newspaper Dagsavisen. She noted how the Parliament’s foreign affairs and defense committee reported this week that it thinks the government was negligent for almost allowing the sale of Bergen Engines, which has a highly strategic location in Bergen and is privvy to state secrets through its work on frigates and other defense material, to a company owned by Russian interests with direct ties to Russian President Vladimir Putin.

Factbox: IEA s urgent fossil fuel warning earns mixed reception from world producers

May 25, 2021 EnergyNow Media A stark appeal by the world’s top energy body to stop investment in new fossil fuel projects by next year has met a mixed reception from the world’s top producers – from guarded praise and pledges to cut back on coal to outright defiance. The International Energy Agency said in its “Net Zero by 2050” report last week that investors should not fund new oil, gas and coal supply projects beyond this year if the world wants to reach net zero emissions by mid-century and meet the goals of the 2015 Paris Agreement on climate change. read more

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