Power prices are expected to soar under new tax cut and spending law
In states without policies to drive renewable energy, power prices could surge as federal tax incentives for clean energy disappear, according to Energy Innovation, a think tank.
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The transportation sector is responsible for more than half of global oil demand, with passenger vehicles and trucks making up by far the largest fraction.
As climate change continues to unfold around the globe, environmental, social, and governance (ESG) concerns are increasingly driving investment decisions. This is especially true for investors in the oil and gas sector, which accounts for an outsized share of global greenhouse gas (GHG) emissions.
On November 16, CGEP convened a private workshop to discuss the applicability of the current ESG investing framework on national oil companies.
On October 18, 2021, CGEP hosted a special session of the Natural Gas Forum on the global nature of the current unexpected gas crisis.
On September 14, 2021, Sustainable Energy for All (SEforALL) and CGEP co-hosted a high-level virtual roundtable on energy for development and climate objective.