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Showing posts from December, 2020

Oil & gas giant Shell revises its assets downwards

Shell, one of the top global oil and gas corporations, has warned that its assets may be worth up to $22bn less after the recent write-down of $4.5bn as a result of a sharp drop in demand... https://www.theguardian.com/business/2020/dec/21/shell-assets-covid-oil-demand-writedown-coronavirus

Students pushing universities to divest from fossil fuels

 Universities in the UK and USA are increasingly making the commitment to divest from fossil fuels as a result of student campaigning... https://on.ft.com/2JG1ccM

Denmark to end oil & gas exploration and cut emissions 70% by 2030

 Denmark has announced plans to end further oil and gas exploration in the North Sea... https://www.theguardian.com/business/2020/dec/04/denmark-to-end-new-oil-and-gas-exploration-in-north-sea and cut emission 70% by 2030... https://www.theguardian.com/world/2020/dec/05/the-danish-climate-minister-closing-down-the-oil-industry-for-good