Renewable energy capacity additions are set to increase by a record 107 GW year on year to reach 440 GW globally in 2023, an IEA report said.
The environmental law charity is urging a UK court to reconsider its dismissal of the NGO’s landmark Shell lawsuit against the firm’s board of directors over alleged inaction against climate change.
The UK Continental Shelf is at risk of significant fossil fuels litigation, due to a mismatch between promises and reality on net zero goals, conference delegates heard this week.
The EU has agreed binding targets for sustainable aviation fuels but concerns are mounting about fuel availability and rising prices for flight tickets.
Energy ministers of G7 countries agreed last month to accelerate a global fossil fuels phaseout, although they didn’t set a clear timeframe to achieve it.
Europe will likely continue to receive Russian gas in some form in the coming years, conference delegates heard.
Europe needs to make up its mind on whether it wants to be an “opportunistic” short-term buyer from LNG suppliers or whether it wants to provide long-term signals to investors, energy executives said.
European LNG buyers might not be able to secure all the LNG they need amid a widening disconnect between buyers and producers.
Gas producer Cheniere is pushing ahead with U.S. LNG expansion at its Corpus Christi terminal and proposed expansion of its Sabine Pass terminal.