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One of the enduring mysteries of the European gas market landscape has been the relative lack of recovery in industrial gas use following the 2022 global energy crisis.
Unlike Russian crude oil exports, which in 2023 exceeded the volumes of 2021, Russia’s natural gas exports have dwindled by an estimated 42 percent since 2021, the year before the country invaded Ukraine.
Nearly 775 million people around the globe are estimated to have no access to electricity. In 2022, that number rose.
This commentary contextualizes the scale of persistent energy burdens in both emerging and developed economies.
As more organizations turn to the GHGP for guidance on tracking their own emissions, they have raised questions as to whether the GHGP in its current form is still fit for that purpose and, if not, how it can be updated.
Mexico's heavy reliance on US natural gas, which accounts for nearly 70 percent of its demand, poses significant challenges to its energy security.
It has now been just over a year since the US signed into law the Inflation Reduction Act and already, it has been followed by more than US $110 billion in clean energy investments.
Rising debt levels and the ravages wrought by climate change present acute threats to achieving sustainable development goals in emerging market and developing economies.
Earlier this month, OPEC+ leaders Saudi Arabia and Russia announced further voluntary production and export cuts, with the former alone accounting for nearly half of the OPEC+ aggregate.
Pemex is well known as one of the world’s most indebted oil and gas companies, but it has also recently gained notoriety for its natural gas flaring practices.
Despite nuclear energy’s anticipated role in achieving decarbonization, many climate finance taxonomies either explicitly exclude nuclear power or are ambiguous on whether it is included.