Energy
Japan, US and EU block G7 from setting coal phase out date
Canada and the UK pushed for the inclusion of a 2030 deadline to end domestic coal-fired electricity. But their plan failed following strong opposition.
Saudi Arabia, Russia push for more World Bank money into carbon capture
At a meeting discussing the World Bank’s stronger focus on climate, Russia has also urged the lender to extend its support for gas projects.
Green hydrogen rush risks energy ‘cannibalisation’ in Africa, analysts say
The EU signed green hydrogen agreements with Egypt, Kazakhstan, Morocco and Namibia to supply the bloc with the gas ahead of its 2030 goals.
G7 may ignore climate warnings and call for new gas investments
A draft communique includes calls investments in gas production but that language is likely to prove controversial among the G7 climate ministers
World Bank’s private sector arm to stop supporting new coal
The International Finance Corporation is closing a loophole that allowed its financial clients to continue funding new coal projects
Migrant workers face risks building Europe’s new gas supplies in the UAE
Climate Home spoke with migrant workers in the UAE, who face harsh conditions and a lack of transparency when risk turns deadly.
OECD reforms set to give “green” projects better export finance
OECD countries agree to extend support for ‘climate-friendly’ projects. But vague definitions and inclusion of contested activities worry campaigners.
Uncertainty on renewable retraining frightens South Africa’s coal communities
An investigation by Oxpeckers and Climate Home found coal-reliant communities in South Africa have scarce details on how funds for reskilling workers from its $8.5 billion deal will be implemented.
Revealed: How Shell cashed in on dubious carbon offsets from Chinese rice paddies
Shell’s rice farming offset projects are under review. Climate Home found them riddled with accounting loopholes and questionable integrity claims.
Governments battle over carbon removal and renewables in IPCC report
While the Saudis pushed carbon capture and storage technology, Europeans fought for wind and solar to be talked up in the report.
Nations seek compromise on fossil fuel phase-out ahead of Cop28
Governments will hold consultations on whether to call for a phase out of fossil fuels at the Cop28 climate talks in November
Argentina secures funding boost to kickstart gas exports from ‘carbon bomb’
President Alberto Fernández is seeking funding for an export pipeline that would channel Vaca Muerta’s gas to neighbouring countries
Chinese coal boom a ‘direct threat’ to 1.5C goal, analysts warn
Energy security fears prompted Beijing to rapidly accelerate coal power plans last year, raising concerns about the country’s impact on greenhouse gas emissions
Vietnam’s energy transition deal is a ‘black box’, partner warns
A Vietnam government partner suggested that even Hanoi is unaware of the details of the energy transition package
EU agrees diplomatic push for fossil fuel phase out ahead of Cop28
The bloc has made achieving a global phase out of coal, oil and gas “well ahead of 2050” a priority of its climate diplomacy
COP28 boss urges Big Oil to join fight against climate change
Cop28 president and oil and gas executive Sultan al-Jaber urged energy conference participants in Houston to do more faster to limit global warming
World Bank backs mega dam threatening to displace thousands in Mozambique
The World Bank argues the project will accelerate the energy transition in southern Africa, but people facing displacement say their voices are not being heard
Canada sets out green investments guide amid complaints of industry capture
The process to create Canada’s first guide for green investiments has been accused of being undemocratic and extending the life of polluting fuels.
Finance key climate issue for new Nigerian president
Without climate finance from rich nations, “we are not going to comply with your climate change” said Bola Tinubu
Japan’s ‘green transformation’ would derail the energy transition in Asia
Japan plans to prolong fossil fuels across Southeast Asia, by promoting carbon capture, gas and the co-firing of ammonia at coal power plants.