Leaked papers reveal major pushback against fossil fuel phaseout
Saudi Arabia, Australia, and OPEC are lobbying against fossil fuel phaseout, while Brazil and Argentina oppose the promotion of meat-free diet.
Reality of energy transition: fossil fuel production to grow at least until 2040
Despite the Paris Agreement goals and net zero commitments, fossil fuel producers are on track to significantly boost output through 2040
G20 urged to set more ambitious emissions cut targets ahead of COP26
The G20 governments need to come up with more ambitious national emissions reduction targets ahead of the UN climate summit COP26, which opens on October 31.
IEA Global Hydrogen Report 2021: World needs decisive action to cut costs of low-carbon hydrogen production
Governments need to take decisive action to enable low-carbon hydrogen to fulfill its potential and help the world reach net zero emissions by 2050.
Fossil fuel firms sue countries over climate, environmental action
Fossil fuel companies are suing countries around the world, seeking more than EUR 15 billion in damages over climate, environmental action.
Timmermans: energy price hikes should speed up green transition, not slow it down
Only about a fifth of the energy price increase can be attributed to the rising costs of CO2 emissions, while the rest is simply due to a market shortage, says the European Commission’s vice president in charge of climate issues.
CWP Global enters Ukrainian market with acquisition of 73 MW wind project
CWP Global has acquired a 73 MW onshore wind project under development in Ukraine, entering one of Europe’s largest energy markets.
CO2 tops EUR 60 for first time
Carbon permits reached almost EUR 61 per ton in the EU as power producers are struggling to obtain gas from Russia and wind has weakened
