London-based think tank Carbon Tracker and San Francisco-based NGO Global Energy Monitor have jointly launched a Global Registry of Fossil Fuels which they say is the first public database to account for fossil fuel production and reserves worldwide.
Analysis carried out by independent thinktank InfluenceMap has found that there is a mismatch between major oil companies’ communication strategies to portray themselves as green and the companies’ plans for capital investment, which are still geared towards fossil fuel projects.
Some climate watchers are unhappy India has dropped bold commitments made by Modi in Glasgow last year and fear the nation will burn more dirty cheap coal to provide affordable energy to its population.
Denmark’s plans to export renewables to North West Europe via energy islands in the North and Baltic Seas are beginning to look increasingly promising following growing political support to tackle energy security and volatile prices due to the Ukraine war.
UN Secretary-General António Guterres has proposed what he calls “five critical actions” to jump-start the energy transition, including phasing out subsidies for fossil fuels and tripling private and public investments in renewables to at least US$ 4 trillion dollars a year.
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