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BP makes second significant gas discovery in Egypt’s East Mediterranean Sea; follows confirmation of $12B investment in West Nile Delta

Green Car Congress

BP Egypt announced another important gas discovery in the North Damietta Offshore Concession in the East Nile Delta. The estimated potential in the concession exceeds 5 trillion cubic feet (tcf) and we now have a positive starting point for the next possible major project in Egypt after BP’s West Nile Delta project. West Nile Delta.

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UN Environment report says national GHG pledges only bring one-third of reductions needed for Paris Agreement

Green Car Congress

Avoiding new coal-fired power plants and accelerated phasing out of existing plants—while ensuring careful handling of issues such as employment, investor interests and grid stability—would help the emissions picture. In early 2017, an additional 273 GW of coal-fired capacity was under construction and 570 GW in pre-construction.