04 December 2023
04 December 2023
COP28 is set to see countries offer a response to the Global Stocktake synthesis report, published earlier this year, which showed that the world remains well off track from its climate targets. Senior data journalist Nick Ferris reports from Dubai.
A moderately paced energy transition will see 28 petrostates lose over half their fossil-fuel revenues by 2040 as demand declines and prices tumble, according to new research from Carbon Tracker. Correspondent Oliver Gordon reports.
The world is on track to more than double its renewable energy capacity by 2030, reports climate think tank Ember. Data journalist Polly Bindman, also at COP28 in Dubai, reports.
The CEO of Mitsubishi Power tells senior data journalist Nick Ferris he believes Europe will never be able to compete with Asian manufacturers on a cost basis.
At a high-level summit hosted by the US, UAE and China on Saturday, the COP28 Presidency unveiled a raft of announcements targeting methane emissions.
Data journalist Polly Bindman analyses US and China progress towards a new bilateral commitment on climate action announced in the run-up to COP28.
The lithium ion (Li-ion) batteries market is set to reach $400bn by 2035, while gas-fired power plants close down, reports trainee reporter Eve Thomas.
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While ESG 1.0 was driven by voluntary corporate action, ESG 2.0 is being driven by a new wave of government policies. A host of new environmental laws are in the pipeline, relating to mandatory reporting, carbon pricing, and carbon import tariffs, as well as more state support and investment in clean energy technologies. Companies unprepared for ESG 2.0 face higher costs and lost sales.
Ammonia and methanol are key industrial chemicals with strong demand in the agriculture, manufacturing, and construction sectors. The demand for these chemicals is expected to rise in the coming years due to their potential applications in energy transition. Low-carbon ammonia is garnering the most attention from oil and gas industry players with nearly 300 plants in development globally.
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