Don’t Look Away Now
Love it or loath it as the voice of business, you can say one thing about the Financial Times, it normally covers the energy beat with a reasonable degree of accuracy. That’s why is was so disappointing to read the...
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2026
2026
UK announces end to overseas fossil fuel finance, now other governments must follow suit
The United Kingdom’s prime minister, Boris Johnson, will commit to end the UK’s overseas fossil fuel financing “as soon as possible” at the Climate Ambition Summit. The phase-out of oil, gas, and coal financing applies to aid funding, trade promotion...
Pikachu-clad activists at COP28 call on Japan to end financing for fossil fuels
A global coalition of civil society groups organized a demonstration at the COP28 climate negotiations in UAE on “Finance Day” to demand that the Japanese government stop financing new fossil fuel projects and shift support to renewable energy. The action...
Japan just lost its big excuse for pushing coal on the world; now’s the time to pile on the pressure
On September 25, the U.S. and China released a joint presidential statement on climate change. While most people focused on China’s new cap-and-trade regime, there was a buried headline that may have even bigger implications for climate and for the...
Gas Cartel Ruled Out
The world's largest gas exporters have ruled out launching an Opec-style cartel that would control 70 per cent of the world market. Instead they promised “collaborated efforts” on issues such as pricing. Energy ministers from the 13 largest gas exporters...
Response to Biden Administration’s Approval of New Fortress LNG Export Authorization
"No matter how much the United States invests in renewable energy, any additional export infrastructure will undermine domestic and international efforts to prevent climate catastrophe. President Biden must follow through on his commitment to lead on climate and stop further...
New Analysis: EU does not need expanded oil and gas supply to meet declining energy demand
A new report finds that the EU's demand for gas is set to decline significantly in line with climate targets, eliminating the need to expand supply from new fields or infrastructure. In the report, On Thin Ice, the authors model...
Canadian LNG is “not the answer” to EU’s energy crisis & will end up stranded
As the Chancellor of Germany, Olaf Scholz, departs Canada after his first official visit to the country, there are concerns that the Canadian gas industry is trying to exploit the Ukraine war to sell LNG European countries, including Germany.
“If All Else Fails, Let’s Go North”
We can’t go South, we can’t go West, we can’t go East, so, hey, lets’ go North”. That is the latest thinking of the Canadians in their increasingly desperate attempts to export the dirty, carbon intensive tar sands from Alberta.
New report: Norway one of world’s largest emissions exporters
Norway’s plans for fossil fuel development are at odds with its commitments to the Paris climate goals according to a new report. In addition to being the world’s seventh largest emissions exporter, projected oil and gas development in the country...