BP Ventures announced an investment of $30 million in California-based start-up Calysta, Inc., that will use BP’s natural gas to produce protein for fish, livestock and pet feeds. This investment aligns with BP’s strategy of creating new markets in which gas can play a material role in delivering a more sustainable future.
IRENA, the Assembly of the International Renewable Energy Agency, launched ‘A new World’ report, according to which, the Global Commission on the Geopolitics of Energy Transformation supports that the geopolitical and socio-economic consequences of a new energy age may be as profound as those which accompanied the alter from biomass to fossil fuels two centuries ago. These include changes in the position of states, the importance of new leaders, more energy actors, alter in trade relations and the emergence of new alliances.
Shell released its Sustainability report for 2017, addressing matters regarding the transition to a low-carbon energy future and measures to tackle climate change, while also improving the economic and social benefits of energy. Shell noted that it supports the Paris Agreement, as it “achieved a landmark agreement to tackle climate change”.
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