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European election results could spell further backtracking on climate policy
Results from the European Parliament elections next month could have major implications for the EU Green Deal and other climate policy, with far-right politicians expected to win more seats.
Chemical analysis of CO₂ rise over past 50,000 years – current rate is 10 times faster
The current rate of atmospheric CO2 increase is 10 times faster than at any other point in the past 50,000 years. This is according to scientists who did a detailed chemical analysis of ancient ice in the Antarctic.
US development finance institution DFC commits $412mn to build Sierra Leone power station
The US funding package includes a $292mn loan for an 83MW gas-fueled power station in Freetown and $120mn in political risk insurance to attract private investment.
Russia's nuclear diplomacy binding emerging markets to the Kremlin
Currently, Rosatom controls approximately 70% of the world export market for the construction of nuclear power plants where emerging powers in the global south are trying to boost their energy production and turning to Moscow for nuclear power.
Russian attacks deter European gas traders from Ukrainian gas storage
European gas market analysts are intensively monitoring Ukrainian energy storage amidst ongoing attacks on infrastructure by Russia and less attractive financial spreads compared to the previous year.
Western Balkans urged to embrace renewable energy for district heating
Fossil fuels are still being burned in district heating networks across the Western Balkans, despite the pressing need to prepare for the transition to green energy, finds a Bankwatch report.
Renewables surpass 30% of global electricity supply
Renewable energy made up over 30% of global electricity for the first time last year, driven by a rapid surge in wind and photovoltaic solar power, according to new data from climate think-tank Ember.
MEOG: Aramco posts Q1 results
South Africa’s Eskom refutes claims of excessive diesel-burning to keep lights on pre-election
Off-grid solar lantern sales surge across Africa
Ukraine’s strategy of hitting Russian oil refineries is working
Ukraine’s strikes on Russian oil refineries are doing what oil sanctions failed to do: reducing the Kremlin’s income from oil production, limiting its supply of fuel for the army and pushing up domestic prices, without driving up oil prices.
Trees are “coughing not breathing” due to climate crisis stress, study finds
"We found that trees in warmer, drier climates are essentially coughing instead of breathing," a study by Penn State found.
EU turning a blind eye to Russian LNG flowing through its terminals
Europe has been turning a blind eye to a fifth of Russia’s LNG output that is flowing through EU ports, either to be consumed by member states or sent on to customers around the world, in what is a lucrative trade for the Kremlin.
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