In order to reach net zero carbon emissions by 2050, the influential group said in a report Tuesday that investment in new fossil fuel supply projects must stop immediately, and no new coal-fired plants should be approved.
Dave Jones, global program lead at climate group Ember, said it marks a"major shift" for the IEA to"fully embrace the challenge of 1.5 degrees." Jones said the IEA report signals"the start of the end" for the oil and gas industry."It shows that any new fossil investment is made knowing it is inconsistent with a 1.5 degree world," he added.
Right on cue: Amazon is reportedly in talks to buy MGM, the vaunted film studio that was a staple of Hollywood's Golden Age.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Picasso oil painting sells for over $100 million at New York auction'Woman Sitting Near A Window,' a portrait of Picasso's French lover, sells for $103.4 million to an online bidder in California.
Source: rapplerdotcom - 🏆 4. / 86 Read more »
China warned ‘there will be trouble’ if PH drills for oil in WPS—Duterte360days before d Traitor steps down... we'll get back to d UN to help us implement its ruling.... I really wonder if he's telling the truth this time. Is this what DUDIRTY meant by his statement that 'China is a good friend' Seems to me they're bullying our country into submission
Source: manilabulletin - 🏆 25. / 51 Read more »
Duterte says China’s Xi warned ‘there’ll be trouble’ if PH digs oil in WPSMANILA, Philippines — President Rodrigo Duterte bared Monday that Chinese President Xi Jinping had warned him of “trouble” when he told him plans to go to the West Philippine Sea and dig Hahahaha Dugyot a great puppet of Xi Kwentong Digong fiction
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Oil climbs on economic recovery hopes despite fresh Asian restrictionsOil prices rose more than 1 percent on Monday, lifted by European economic reopenings and rising US demand after prices fell earlier due to surging coronavirus cases in Asia and underwhelming Chinese manufacturing data.
Source: ABSCBNNews - 🏆 5. / 83 Read more »
Pangilinan on China’s threat if PH digs oil in WPS: Why should we be scared?ICYMI: Threats of “trouble” from China should not render the Philippines scared to defend its maritime territory, Senator Francis Pangilinan said. RRD_Davao's stand on the WPS issue emboldens China. The area is part of the PH EXCLUSIVE economic zone (EEZ). PH should be able to exploit the resources within this area EXCLUSIVELY. But, PRRD surrendered our claim from the moment he took office. The narratives on 'war' and 'trouble' are being peddled by Malacanang. You wonder why it's scaring its own citizens. This is the consequence of electing someone who is too crude to comprehend that you can assert your sovereignty in a diplomatic manner. 1974-Viets fight China over islands.53Viets killd,16injurd,48capturd,1Corvette sunk,3Frigates damaged 2014-China/Viet clash over China's Oil Rig, 17Viet injured/ships damaged CHURCHILL:'You may hav 2Fight when thr is No Hope of Victory,bec it is better 2Perish than Liv as Slaves'
Source: inquirerdotnet - 🏆 3. / 86 Read more »