The G7 nations all support net-zero greenhouse gas emissions by 2050 and have updated their 2030 climate goals, but their support for an international energy transition has been limited.
Setting out its net-zero emissions pathway today, the International Energy Agency has ended any suggestion gas could be considered a "transition fuel", with big consequences for industry and geopolitics, writes Jonathan Gaventa, an energy policy consultant.
All the indicators are clear: investing in green growth offers a better rate of return than the conventional equivalent in both the short and long term.
The UK, Norway, the US and Canada like to present themselves as climate leaders, but their strategies around oil and gas tell a different story.
The EU Taxonomy for green investment has attracted little attention beyond lobby group meeting rooms and sections of the financial community, but its real economy implications will, over time, be profound.
Poland is proposing to nationalise coal plants, but whether the move would speed up or delay the country’s coal exit is unclear.
Limiting oil and gas extraction in rich countries could allow some emerging producers to develop, but the world's diminishing carbon budget also makes this a pathway fraught with risk.
Data reveals that wealthy countries are continuing to pour money into fossil fuel projects in Africa and the Middle East, despite commitments to decarbonise under the Paris Agreement.
A majority of industry figures believe the global clean energy transition will speed up following the pandemic, shows a new poll by Energy Monitor.
Climate action and the energy transition are, along with Covid-19, top of the global political and economic agenda. Now is the time to focus on existing solutions that will benefit people and the planet.
The EU's future interest rate of 10% risks over-inflating the estimated cost of decarbonising, potentially putting more ambitious future carbon targets at risk.
Petrostates face a tricky future as the world decarbonises, with declining oil revenues threatening their finances. There is a strong case for industrialised countries to offer more support to less well off producer economies.
Clean energy companies are proving resilient to the Covid crisis and expectations are growing for a "new normal" that gets the world on track to net zero, but government commitments to a green recovery remain mixed.
Industry leading data and analysis for the FDI community
