Energy
‘Gas is over’: EU bank chief signals phaseout of fossil fuel finance
The European Investment Bank provides limited support for gas under its current policy and intends to end all funding for fossil fuels before the end of the year
Germany’s conservative CDU picks coal industry supporter Armin Laschet as leader
The premier of Germany’s coal mining heartland could be chosen as the country’s conservative alliance candidate for chancellor in a general election in September
Keystone XL cancellation: ‘Wake-up call’ for Canada to address oil and gas blind spot
Joe Biden is set to revoke permits for the controversial Canada-US oil pipeline expansion, putting Justin Trudeau in an awkward position
Inner Mongolia pursues coal-led recovery, defying Beijing’s climate goals
China’s biggest coal-producing province, Inner Mongolia, approved power plants and industrial installations in 2020 with an annual coal demand equivalent to Germany’s
Colombia banks on forest economy to deliver climate ambition leap
Since the end of a 50-year civil war, Colombia has seen a spike in forest clearance, that the government now hopes to reverse with agroforestry initiatives
South Korea 2050 net zero pledge spurs renewables investment
As the world’s fourth-largest importer of coal, South Korea needs to rapidly change its energy mix to achieve net zero emissions by 2050
China launches world’s largest carbon market for power sector
China’s national emissions trading scheme could become a significant lever for climate action, but experts warn that it will do little to curb emissions in the short term
UK net zero commitment questioned, as government allows new coal mine
The UK government has been accused of “rank hypocrisy” for letting a new coal mine go ahead while seeking to lead on climate as hosts of Cop26 summit
Green growth champion: Focus on jobs helps poorer nations raise climate ambition
The Global Green Growth Institute is working with governments including Colombia, Peru and Indonesia on “green new deal” plans
Shell faces Dutch court in case testing how Paris climate goals apply to businesses
Climate campaigners say Shell is violating human rights by continuing to invest billions in fossil fuels, calling for a much faster shift to clean energy
Pakistan signals coal power exit, in potential model for China’s belt and road
Imran Khan announced his government would not approve any more coal power plants and pivot to renewables, contrary to the grid operator’s forecast of a coal boom
Why the hydrogen bubble could burst in Europe’s face
The EU’s enthusiastic embrace of hydrogen risks undermining the clean energy transition and its newly-minted 2030 greenhouse gas target
We have set an end date for oil and gas production. The world should follow
We, Costa Rica and Denmark, are moving beyond oil. To meet the goals of the Paris Agreement, we encourage friends and allies to do the same
Czech commission calls for coal phase-out by 2038
Environmental groups, which urged the commission to endorse a 2033 end date, slammed the decision as ‘absurdly late’, while studies show a 2030 exit is feasible
Denmark to phase out oil and gas production by 2050 in “watershed” decision
The EU’s largest oil producer has agreed to cancel new oil and gas licences and wind down production, in a bid for climate leadership
China’s environment ministry floats ‘ban’ on coal power investment abroad
A Chinese government-commissioned report proposes stricter environmental standards for “belt and road” investments, but it needs buy-in from financial institutions
Coal, oil and gas production to blow climate targets despite pandemic dip, report warns
UN-backed Production Gap report projects a 2% annual rise in global fossil fuel output this decade, when 6% cuts are needed in line with a 1.5C warming limit
Boris Johnson sets out 10-point plan to get UK on track for net zero
The UK premier majored on hydrogen, nuclear and carbon capture in a package aiming to set the bar for hosting Cop26 climate talks next year
Russia resists tougher climate targets in dash for Arctic gas
Russia has no plans to end its contribution to climate change before the end of the century and is aggressively expanding Arctic gas production for the Asian market
5 ways climate issues played out in the US election
Most Americans see climate change as a serious threat, fracking did not swing the vote in key states but climate-vulnerable Florida went to Trump despite his denialism