Development of new oil and gas fields must stop this year if the world is to meet its goal of net zero carbon emissions by 2050, the leading energy organisation has said.
Plans for what could be one of the UK’s first power stations equipped with carbon capture technology were announced today.
A study by climate scientists says carbon capture and storage (CCS) cannot meet the urgent need to reduce greenhouse gas emissions.
Ineos has withdrawn the long-running planning application for coalbed methane extraction at Airth in Falkirk. Opponents of the scheme for 22 new wells and 14 new sites described the decision as “fantastic news”.
As expected, the Scottish government has continued an indefinite moratorium on fracking and the unconventional oil and gas industry.
A ministerial statement is due later this week on Scotland’s policy on unconventional oil and gas.
Opponents of fracking called today on the Scottish government to ban fracking “once and for all”.
The Scottish government has delayed its decision on whether to ban fracking.
Data released today suggests that UK councils have invested more than £9 billion from staff pension funds in fracking companies, despite opposition to the process.
The shale gas company, Ineos, has lost its case against the Scottish Government’s policy on fracking.