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When considering the transition to a net-zero carbon economy, it is easy to swing between extremes of optimism and pessimism.
In January this year, BloombergNEF announced that investment in the clean energy transition had broken through the $1 trillion mark in 2022, for the first time matching the total investment in fossil fuels.
The US is the world’s second-biggest electricity system, its second-biggest greenhouse gas emitter, its biggest oil consumer, its largest producer of natural gas and tied for first largest exporter of liquefied natural gas. The US energy system is very big; it is also increasingly dynamic.
Rhetoric around hydrogen has become ever more overblown.
We have known for centuries that coal, oil and gas have driven improvements in standards of living, but have also caused crisis after crisis.
The word resilience has become increasingly fashionable in climate circles. At the end of this month, the IPCC will publish the second part of its sixth Assessment Report (AR6), focusing on climate impacts, vulnerabilities and adaptation.
"The idea that Glasgow has to produce some kind of miracle outcome to be considered a success is incorrect on two levels."
As world leaders gear up for November’s critical COP26 climate summit in Glasgow, carbon border adjustment mechanisms (CBAMs) have been moving rapidly toward center stage. That may not be an entirely good thing.
There is a well-established narrative that natural gas is a transition fuel, an essential tool on the path to deep decarbonization. However, the present has a habit of getting in the way of the future.
Chief Editor, Angus McCrone, lays out seven of the main messages from the April 13-14 Summit on energy, finance and technology in this piece. .
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