Following COP30, the UN said the new country climate plans ‘barely move a needle’ on the expected global targets, as pledges and actions do not do much more than rhetoric.
The bottom line of the COP30 summit outcome is that despite serious geopolitical challenges, 194 parties continue to invest in the process and are willing to compromise to keep multilateralism alive.
The world remains in an energy addition mode, rather than a clear transition. Fossil fuel use continues to climb, despite the growth of renewables.
With the world entering an “energy addition” era, climate targets are slipping.
Announced climate goals for 2035 lack ambition, suggesting too many governments are kicking the can down the road. It is increasingly acknowledged that the world will not achieve net zero emissions by 2050.
The world is turning to energy pragmatism. Talk of emission reductions at any cost is out, and political and economic realism is in.
We are living the Sunset of the Renewable Dream. Energy transition is collapsing, not in headlines, but in economics.
The underlying problem is simple: the economics of wind and solar unravel once you ask them to behave like real power plants.
Questions are being asked as to whether high energy costs will derail Europe’s climate goals. The EU’s transition to a low-carbon economy is losing momentum as prohibitively high electricity prices continue to undermine both household and industrial competitiveness.
In what may be seen as a pragmatic move, Canada is rolling back climate rules “to spur investment in energy production, while encouraging construction of a new oil pipeline to the west coast”.
But how does this square with Canada’s stance at COP30 and its climate change commitments?
In a similar vein, Germany’s Merz plans to demand the EU relax its petrol engine ban.
Given Germany’s dire industrial decline, this may be seen as inevitable and pragmatic, but how does it square with the EU’s stance at COP30 and its Green Deal?
Evidently, oil exports and the economy take priority over climate change commitments.
The OECD is warning that in the coming decades, global population and GDP growth are projected to increase and ultimately accelerate common drivers, underpinning the triple challenge posed by climate change, biodiversity loss and pollution.
The IEA said the ‘Age of Electricity’ is set to reshape the nature of power system security. But careful attention is needed to ensure the availability of dispatchable sources, boost system flexibility and resilience, and expand and modernise the world’s grid networks.
ExxonMobil has just hit ‘pause’ on one of the world’s biggest hydrogen projects because nobody wants to buy expensive blue hydrogen. Green hydrogen is even more expensive.
But methane pyrolysis, that works by heating natural gas or other gases in an oxygen-free environment to convert it into hydrogen and solid carbon, may unlock clean hydrogen’s potential.
India and China aligned on climate at COP30 as ties thaw.
Pairing China’s cleantech prowess with India’s energy needs has the potential to redefine Asia’s decarbonisation trajectory.
India and China made trade a climate issue as the EU CBAM carbon levy looms. They united despite their many differences to push back against CBAM, over steel and trade barrier concerns.
India considers building coal power plants to 2047. With enough reserves to last a century, Indian policymakers are picking coal to meet rapidly growing energy needs. This is a big shift from current outlooks that saw net additions peaking by 2035.
New LNG project approvals surged in 2025, adding to the
The seizure of oil resources in Venezuela by the U.S.
Donald Trump’s appearance at Davos this week could have almost
West Texas Intermediate (WTI) is trading around $59.30 during the
The bottom line of the COP30 summit outcome is that despite serious geopolitical challenges, 194 parties continue to invest in the process and are willing to compromise to keep multilateralism alive.
The world remains in an energy addition mode, rather than a clear transition. Fossil fuel use continues to climb, despite the growth of renewables.
With the world entering an “energy addition” era, climate targets are slipping.
Announced climate goals for 2035 lack ambition, suggesting too many governments are kicking the can down the road. It is increasingly acknowledged that the world will not achieve net zero emissions by 2050.
The world is turning to energy pragmatism. Talk of emission reductions at any cost is out, and political and economic realism is in.
We are living the Sunset of the Renewable Dream. Energy transition is collapsing, not in headlines, but in economics.
The underlying problem is simple: the economics of wind and solar unravel once you ask them to behave like real power plants.
Questions are being asked as to whether high energy costs will derail Europe’s climate goals. The EU’s transition to a low-carbon economy is losing momentum as prohibitively high electricity prices continue to undermine both household and industrial competitiveness.
In what may be seen as a pragmatic move, Canada is rolling back climate rules “to spur investment in energy production, while encouraging construction of a new oil pipeline to the west coast”.
But how does this square with Canada’s stance at COP30 and its climate change commitments?
In a similar vein, Germany’s Merz plans to demand the EU relax its petrol engine ban.
Given Germany’s dire industrial decline, this may be seen as inevitable and pragmatic, but how does it square with the EU’s stance at COP30 and its Green Deal?
Evidently, oil exports and the economy take priority over climate change commitments.
The OECD is warning that in the coming decades, global population and GDP growth are projected to increase and ultimately accelerate common drivers, underpinning the triple challenge posed by climate change, biodiversity loss and pollution.
The IEA said the ‘Age of Electricity’ is set to reshape the nature of power system security. But careful attention is needed to ensure the availability of dispatchable sources, boost system flexibility and resilience, and expand and modernise the world’s grid networks.
ExxonMobil has just hit ‘pause’ on one of the world’s biggest hydrogen projects because nobody wants to buy expensive blue hydrogen. Green hydrogen is even more expensive.
But methane pyrolysis, that works by heating natural gas or other gases in an oxygen-free environment to convert it into hydrogen and solid carbon, may unlock clean hydrogen’s potential.
India and China aligned on climate at COP30 as ties thaw.
Pairing China’s cleantech prowess with India’s energy needs has the potential to redefine Asia’s decarbonisation trajectory.
India and China made trade a climate issue as the EU CBAM carbon levy looms. They united despite their many differences to push back against CBAM, over steel and trade barrier concerns.
India considers building coal power plants to 2047. With enough reserves to last a century, Indian policymakers are picking coal to meet rapidly growing energy needs. This is a big shift from current outlooks that saw net additions peaking by 2035.
New LNG project approvals surged in 2025, adding to the
The seizure of oil resources in Venezuela by the U.S.
Donald Trump’s appearance at Davos this week could have almost
West Texas Intermediate (WTI) is trading around $59.30 during the