Climate

While the climate impacts of increased LNG fleet usage are a major issue, there are other concerns too, including methane slip from engines, warned experts.

At a gas conference in Dubrovnik, the U.S. delegation touted LNG deals for the Balkans. At the same time, the U.S. is working to weaken EU climate policies to push more LNG into Europe.

A group of leading philanthropic organisations announced at COP30 that it would commit an initial $300mn to tackling climate and health.

Governments plan on producing more than double the fossil fuels than is consistent with a climate-safe world, a new report said.

Global gas industry gathering Gastech kicked off in Milan on Tuesday with U.S. and EU leaders inching closer on energy despite their opposing views on climate.

The Philippines still has the most coal-dependant grid in Southeast Asia, with coal still representing around 60% of the country’s total energy mix. 

International climate talks held in Bonn, Germany, in preparation for COP30, ended last week with no mention of a fossil fuel phase-out, highlighting ongoing divisions among countries over who should pay to meet climate targets.

A $3bn Afreximbank oil financing programme boosts African refining capacity and energy independence, but raises concerns over the continent’s alignment with global climate goals and energy transition efforts.

Union Investment, one of the largest asset management companies, has divested from ExxonMobil citing insufficient climate targets.

The Liberals won and Prime Minister Mark Carney has vowed to protect Canadian sovereignty. But there’s a risk that climate progress stalls if the oil and gas expansion continues.

With Trump back in office, doubts remain over how the Middle East’s energy transition can happen at a pace which conforms with global climate targets.

A series of executive orders sought to dismantle an array of key U.S. climate policies. Some will have limited impact, others could be highly damaging.

Recent research indicates that LNG has a worse climate impact than coal, due to high methane emissions across the supply chain, so more U.S LNG in Asia represents a climate risk.

Gulf Coast communities are dealing with increasing storms from climate change and higher levels of pollution from U.S. LNG terminals. Those facilities are also heavily subsidised by local and state governments.

The COP29 talks kicked off in Baku on Monday with a UN call to tackle the spiralling climate crisis.