Global energy watchdog, the International Energy Agency, released its annual World Energy Outlook report on Wednesday, acknowledging that while the Paris COP21 agreement was an Ã¢€Ëœachievement', it would not be enough to avoid the worst impact of climate change.
The British CEO of German utility E.ON Climate and Renewables, says the EU and UK should work together to ensure Europe's COP21 carbon reduction target is achieved, in spite of how the Brexit process unfolds.
Germany's top power utility, E.ON, has announced a loss of $10.1bn for the first nine months of the year after booking an impairment charge of $6.6bn against fossil fuel power and energy trading unit Uniper.
Norway is having to adapt, in the face of more sustained uncertainty in global energy markets than it has experienced in decades, but its environment minister says European demand for its gas and the prospect of carbon capture and storage technology success provides some succour amid the confusion.
On the eve of the anniversary of the COP21 global climate change agreement, leaders from the worlds of business and politics again called for strong carbon pricing as a means of delivering on the target of limiting global warming to 2 degrees Celsius.