Opinion

Repsol said the flow of cash will help its strategic goal of investing 35% of its capital expenditure, or 5.5 billion euros, in low carbon projects in the 2021-2025 period.

Most of the capex rises that have been announced this year will go to hydrocarbon rather than renewables investments.

Even burning just the oil, gas, and coal in existing fields and mines would far exceed the carbon budget for a 50% chance of staying below 1.5°C warming, a new report has found.

Constrained by a court decision, the Biden administration said it would auction off land for new oil and gas drilling. But climate activists see the move as backtracking on climate progress

Japan is considering its nuclear future to help reach its 2050 net zero goals, but opponents still point to safety concerns. Renewable projects, despite a lack of available land mass, remain a viable long-term alternative.

The Ukraine war and its impact on global energy prices is creating headwinds for Thailand and its climate goals.