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Will Norway pull the plug on itself?

What do you do when the thing that has helped to make you a rich, prosperous, and healthy democracy is also destroying the planet that you want to save? That's the choice before the roughly five million people of Norway as they head into a pivotal election on September 13.

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The Graphic Truth: Petrostates' grim low-carbon future

Reducing carbon emissions is good for the planet and good for your lungs, but there's one group of countries that might not be so keen on green: those that rely heavily on oil and gas exports to run their economies. As the rest of the world gets closer to "Net Zero" in the coming decades, these petrostates will be in big trouble unless they diversify their economies — fast. So, how vulnerable are the world's top oil and gas producers to a low-carbon future? We look at how the treasuries of the 20 most hydrocarbon-dependent nations will fare over the next two decades under what the Carbon Tracker Initiative refers to as a scenario in which global demand for oil and gas will be much lower than today.

GZERO Summit on sustainability: COVID-19’s promise on ESG

The forced slowdown of global economic activity due to the coronavirus pandemic has slashed carbon emissions around the world, opening a unique opportunity to make real progress in the fight against climate change. But there is fear that it won't be enough, and the world will go back to its old ways when we get rid of COVID-19. However, even before the public health crisis, some major emitters had already taken ambitious steps to rethink how to make their own policies more sustainable.

In Canada, the prominence of oil in the economy doesn't mean that it should hide from the existential challenge of climate change. Fossil fuel profits make Canada not only more responsible but gives the nation the resources to commit to a bold climate policy, Canadian Minister of Natural Resources Seamus O'Regan said during a panel discussion on sustainability at the 2020 GZERO Summit in Japan.

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Episode 7: Running on fumes: the future of fossil fuels

Listen: The pandemic has hastened an already growing trend in energy consumption globally—a shift from fossil fuels like oil and gas toward renewable resources. What nations and corporations stand to benefit from this new reality, and who stands to lose the most?

In the latest episode of Living Beyond Borders, moderator Caitlin Dean asks some geopolitical and economic experts--Luigi Pigorini, Head of Citi Private Bank in Europe, Middle East, and Africa; Ed Morse, Global Head of Commodities Research at Citi; and Robert Johnston, Managing Director, Global Energy and Natural Resources at Eurasia Group.


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Adani's Australia coal unit back in the spotlight after name change

November 05, 2020 2:04 PM

MELBOURNE (REUTERS) - India's Adani Enterprises, which has attracted criticism in parts of Australia for developing a new thermal coal mine in Queensland, has drawn attention again by changing the name of its Australian unit to Bravus Mining and Resources.

South Korea pledges carbon neutrality by 2050 in fight against climate change

October 28, 2020 6:14 PM

SEOUL - South Korean President Moon Jae-in has vowed to make his country carbon-neutral by 2050, in line with recent pledges by other major economies including China and Japan to fight against climate change.

China eyes launch of national emissions trade scheme within five years

October 28, 2020 3:13 PM

BEIJING (REUTERS) - China is targeting the launch of a nationwide emissions trading scheme during the period from 2021 to 2025, its top climate official said on Wednesday (Oct 28), signalling another delay for the long-awaited carbon trading platform.

Japanese PM Suga set to target zero emissions by 2050 in policy shift

October 26, 2020 7:59 AM

TOKYO - Prime Minister Yoshihide Suga on Monday (Oct 26) is set to bind Japan to a target for carbon neutrality by 2050, a shift in stance that will bring the country in line with the European Union and more than 60 other nations in efforts to combat climate change.

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