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Russia’s invasion of Ukraine has brought a wartime energy transition to Europe. The continent’s decades-long timelines for overhauling energy supply systems that support more than 440 million people are now being revved up under extraordinary duress.
(Bloomberg) — The European Union’s executive arm is testing the waters to see if its trading partners, including the United States, could boost natural gas…
Energy producers -- not the transition to a greener economy -- are a key reason for soaring natural gas and power prices in Europe, according to International Energy Agency Executive Director Fatih Birol.
(Bloomberg) Energy Day at COP26 produced a couple of deals meant to phase out fossil fuels and bring in clean energy. But the agreements -- crafted as part of the U.K.’s effort to “consign coal to history” -- were soon looking a bit thin.The coal pact didn’t include the U.S. or China. It…
Offsets are a way for buyers to continue polluting while essentially paying someone else to adopt climate-friendly behaviours. But no global oversight or…