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Advances in clean energy expected to cause a sudden drop in demand for fossil fuels, leaving companies with trillions in stranded assets

Plunging prices for renewable energy and rapidly increasing investment in low-carbon technologies could leave fossil fuel companies with trillions in stranded assets and spark a global financial crisis, a new study has found.

A sudden drop in demand for fossil fuels before 2035 is likely, according to the study, given the current global investments and economic advantages in a low-carbon transition.

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As the world moves towards a low-carbon economy, fossil fuel investments worth trillions of dollars, from oil wells to cars, will lose their value

Read more: ‘Carbon bubble’ could spark global financial crisis, study warns

Investments amounting to trillions of dollars in fossil fuels – coal mines, oil wells, power stations, conventional vehicles – will lose their value when the world moves decisively to a low-carbon economy. Fossil fuel reserves and production facilities will become stranded assets, having absorbed capital but unable to be used to make a profit. This carbon bubble has been estimated at between $1tn and $4tn (£3tn), a large chunk of the global economy’s balance sheet.

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The powerful few who benefit from the fossil fuel status quo are exerting their influence

Over the past two weeks, media attacks on solar panels and electric vehicles have been followed by Trump administration policies aimed at boosting their fossil fueled rivals.

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**This article is available to non-subscribers** - The future of Ontario’s carbon market has effectively become a two-horse race after the leader of the ruling Liberal party conceded defeat over the weekend.

How were the dinosaurs of Jurassic Park created, and what have we learned about them since?

South Korean carbon allowances weakened slightly on Monday as the government failed to release outright results from Friday’s auction, leaving traders uncertain how to respond.

Australia’s Clean Energy Regulator has cancelled two contracts for delivery of a total 1.67 million carbon credits to its Emissions Reduction Fund.

The delay of China’s national emissions trading scheme is threatening to choke the nation’s fledgling carbon market industry as a majority of companies have put a freeze on new hires and some staffers have been forced to take a pay cut to keep their jobs, according to a new survey.

The announcement comes ahead of legislation banning the use of lightweight plastic bags in Western Australia and Queensland.

Despite the PM’s declaration, it is unclear how current climate policy will ensure Australia reaches its Paris commitment

Malcolm Turnbull, on a tour of drought-stricken areas in New South Wales and Queensland, has declared there is “no doubt that our climate is getting warmer”.

Flanked by Nationals on Monday in Trangie, Turnbull acknowledged climate change remained a live political debate but he said: “I don’t know many people in rural New South Wales that I talk to that don’t think the climate is getting drier and rainfall is becoming more volatile.”

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4 June 1918 Most of these foliage-devourers are the larvae of geometer moths of various kinds, sometimes called loopers

Caterpillars are doing their best to eat up the woods. On some of the sycamores, elms, and other trees the leaves are already reduced to lacework; on others, oaks in particular, many of the leaves have vanished. Most of these foliage-devourers are the larvae of geometer moths of various kinds; they are sometimes called loopers, on account of their habit of humping up their backs and straightening themselves out for the next reach, as they walk, or they are known as stick caterpillars when, at rest, they apparently pretend to be lifeless twigs. Others are smaller moths, leaf-rollers and miners, and others, again, particularly abundant on the hawthorns but by no means confining their attention to this plant, are the showy little hairy “palmer worms,” the caterpillars of the gold-tailed moth, whose irritating hairs give tender skins a rash.

Related: Health warning as toxic hairy caterpillars take over woodlands

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Clean, smart and safe, the I-PACE delivers sustainable sports car performance, next-generation artificial intelligence (AI) technology and five-seat SUV practicality to place Jaguar at the forefront of the EV revolution.

Federal opposition proposes renewables zone in north-west Tasmania, as Victorian Labor extends coal mining licences for Latrobe Valley's major brown coal generators.

Victoria Inquiry recommends number of ways state government could boost the uptake of EVs – but will this translate into policy?

Great Ridge, Peak District: Momentum builds like a wave, and in a thrilling, spine-shivering moment, a glittering ribbon sparkles into being along the ridge

I reach the top of Mam Tor, out of breath, as the sun is dropping behind the bulk of Kinder Scout and dying in a great flare of scattered orange.

It is quarter past nine on a Tuesday night, but the top of the peak is a throng of activity; dozens of people are milling around the summit and marvelling at the sunset, unfazed by a biting wind. I squint into the east, and can faintly make out the dots of hundreds more people trailing into the distance.

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REN21 report says record 98GW of solar capacity added globally in 2018, 52GW of wind, and 178GW total of all renewables. But other sectors – including transport, heating, and cooling – coasting along "as if we had all the time in the world."

Tesla owners club installs Round Australia Electric Highway, providing all EV drivers with usable charging route – while governments and industry catch up.

Fascinating insight into electricity bills for business, and why they should, or shouldn't buy a battery. Meanwhile, futures price fell across the board.

While the Clean Energy Regulator believes the 2020 LGC target is met, the market continues to offer mixed signals. Meanwhile, more activity in new financial products continues.

BBC News went to the IAEA’s labs at Seibersdorf near Vienna to find out how they inspect the world's nuclear sites.