The biggest and dirtiest secret of the energy market is that most of it is lost in generating, transmitting, distributing, and using it. Solving this problem would be revolutionary, reducing competition for resources that contributes to conflict as well as climate change. Energy is one of the most valuable businesses in the world, worth trillions...
Tag: energysecurity
Leader emerges for $3 billion Adnoc strategic oil project
300 kilometre-plus west-east pipeline is crucial for Abu Dhabi as it aims to minimise security threats to emirate’s oil infrastructure. A leading international contracting giant has emerged as the potential front runner for Abu Dhabi National Oil Company’s (Adnoc’s) much-delayed $3 billion project involving the strategic west-east oil pipeline from the Jabel Dhanna port in...
Fossil fuel demand must fall by a quarter by 2030 to limit global warming, IEA says
Fossil fuel demand must fall by a quarter by the end of this decade if governments want to limit the rise in global warming to 1.5C since the pre-industrial period, the International Energy Agency has concluded. Coal, oil and natural gas will all need to be replaced by clean energy at a rapid rate to...
Study finds possibilities to reduce pollution from major industry: ‘This [is] an area for immediate action’
The construction industry is one of the biggest global polluters — accounting for a possible 40 percent of global carbon pollution — so finding solutions to make practices more sustainable is crucial in the fight to stop temperatures rising worldwide. Positive findings in a study published in the journal One Earth, summarized by EurekaAlert, have revealed that it is...