article thumbnail

BHP offboards its petroleum business in merger with Woodside; focus on “future-facing commodities”

Green Car Congress

The Atlantis Phase 3 (US), Mad Dog Phase 2 (US), Shenzi North (US) and Sangomar Field Development Phase 1 (Senegal) projects remain on budget and on track, and along with significant brownfield expansion options, provide opportunity for near- and medium-term growth. We will sustainably supply the commodities needed by the world.

Future 221
article thumbnail

IISD Releases Five-Part Series of Reports on Removing Fossil Fuel Subsidies

Green Car Congress

All six of the major studies concluded that reform would lead to reductions in CO 2 emissions, although predictions of the magnitude of reductions varied significantly, from 1.1% These conclusions were generally supported by single-country modelled and empirical results. by 2010 to 18% by 2050.

Parts 207
article thumbnail

Will EU demand for biofuel mean starvation for world’s poorest?

Green Cars News

Here in the UK, the Renewable Fuels Agency which was set up by the Government to implement the Renewable Transport Fuel Obligation (RTFO), a response to the EU Biofuel Directive, commissioned the Gallagher Review last year to investigate the link between biofuels, rising carbon emissions and spiralling food prices.

Africa 32