Chief executive offi cer Patrick Pouyanne has pledged to spend $5bn this year on low-carbon energies — almost a third of total capital expenditure — as the company reduces its exposure to…
Category: Clean Energy
Carbon Capture and Delay
As long as coal plants are still operating, it is a good idea to require them capture their carbon dioxide emissions. But those designing policies to hasten such practices must tread carefully,…
Qatar’s LNG projects will achieve significant reductions in greenhouse gas emissions: Al-Kaabi
Qatar’s LNG projects will achieve significant reductions in greenhouse gas emissions through carbon capture and sequestration as well as the use of solar energy, noted HE the Minister of State for Energy…
Climate crisis won’t solve on its own: need to walk the talk
We need all governments to step up and agree to phase out unabated fossil-fuel use. We need reforms to make our financial institutions and systems fit for purpose. And we need to…
The Climate Elephants in the Room
May 19, 2023PINELOPI KOUJIANOU GOLDBERG As tempting as it is to rely on multilateralism to solve a shared global problem like climate change, the world simply does not have the time for…
Sustainable food — not more of it — needed as global hunger soars
LONDON – As global hunger swiftly rises — by more than a third last year — curbing it will require not growing more food but rethinking broader systems of trade and aid, farming’s…
Climate change continues to causeuncertainties for commodity prices
It can alter rainfall patterns, increase temperatures, and cause extremClimate played a major role in commodity prices last year and looks like doing so again in 2023. Scorching heatwaves in the northern…
Fight over subsidies amid $200tn energy transition narrative
Biden’s $370bn plan to support businesses, leading the transition to a low-carbon economy, has riled some of the largest US trading partners The global energy transition is estimated to bring close to…
Europe must tax brown and subsidise green
After years of global climate-policy leadership, the European Union is looking warily at the United States’ sudden embrace of ambitious clean-energy subsidies. Ultimately, America’s entry into the clean-energy race is good news…
In defence of nature-based carbon markets
Voluntary markets for carbon offsets have recently come under fire, with critics questioning the efficacy of contracts that aim to reduce atmospheric carbon dioxide relative to what would have happened in the…