“We also see that the human capital, at 46 percent, comprises the largest share of wealth in Russia, with the natural capital share, standing at 20 percent. As a rough approximation, we estimate that Russia's forests provide annual absorption of about 640 million tons of CO2 equivalent.”

“Well-designed carbon pricing instruments can be a transformative part of the climate action toolkit. Over half of countries worldwide are thinking about how carbon pricing can help them meet their climate targets”, said Laura Tuck, Vice President of Sustainable Development, World Bank.

The largest-ever group of investors has called on governments to phase out thermal coal power worldwide, put a price on carbon, end subsidies for fossil fuels, and strengthen nationally-determined contributions. The 631 institutional investors managing more than USD37 trillion in assets urged governments to step up efforts to tackle the global climate crisis and achieve the goals of the Paris Agreement, in a joint statement issued yesterday at the United Nations COP25 climate summit.

Under this option, EU importers of steel, aluminum and other products with high carbon footprints would have to buy carbon allowances, as EU producers do under the EU Emissions Trading System.

Cumulative U.S. installed onshore wind capacity exceeded 100 gigawatts (GW) on a nameplate capacity basis as of the end of September 2019,

Denmark covered 41% of its electricity demand from wind energy in 2018, the highest level in Europe.

The State of Demand-Side Energy Management in North America is a market-by-market analysis of the issues and trends the experts at CPower feel organizations like yours need to know to make better decisions about your energy use and spend.

It matters where you construct and install clean energy projects, because, depending on the location, these projects can be of greater benefit than they already are in suboptimal locations.

This would make Aramco's listing the world's largest, beating Alibaba's $25bn IPO at $25.6bn.

Brent were down 44 cents, or 0.68%, at $63.95 per barrel, WTI were down 48 cents, or 0.81% to $58.72 a barrel,