Europe must become more resilient to fluctuations in the global oil and gas market, according to two researchers from the Potsdam Institute for Climate Impact Research (PIK) and Uppsala University. They argue that the ETS 2 is an effective tool for achieving this, as it would save the EU billions of euros.
By Matthias Kalkuhl and Daniel Spiro
Following Washington’s recognition of Venezuela’s interim government, US oil companies are also showing interest in investing in the Latin American country. In addition, the mining sector is coming into the spotlight.
By Ferdinand Muggenthaler
The Kingdom of Saudi Arabia is traditionally one of those putting the brakes on in the climate process. Despite this and for this reason, Federal Environment Minister Schneider wants to work more closely with the country. Circular economy and new climate cooperation are on the agenda during his visit to Riyadh.
By Bernhard Pötter
The United States’ plans for the Venezuelan oil industry were primarily intended to secure US dominance in the global financial system, says climate economist Charlotte Bez, adding that the EU should oppose this “logic of economic colonialism and power politics.”
By Bernhard Pötter
The call for a global roadmap away from fossil fuels came as a surprise on the agenda for COP30. While it did not prevail, it highlighted the resistance and generated action. We can build on this.
By Jennifer Morgan
There are plans for 279 new LNG projects worldwide that could generate ten billion tons of CO₂ by 2030. Despite a COP decision to move away from fossil fuels, fossil fuel infrastructure continues to be expanded.
By Bernhard Pötter
Indonesia has identified 128 hydrocarbon basins across the archipelago – but only 20 have been developed so far. New government regulations are aimed at attracting foreign investors.
By Marcel Grzanna
At COP30, the horse trading for wording and compromise is underway: On Tuesday, the Presidency published the first draft texts which reveal the initial outline of a possible negotiated outcome. In particular, a push to phase out fossil fuels is gathering pace.
By Lukas Knigge, Alexandra Endres and Nico Beckert
