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Almost 90 percent of the LNG that transited the Strait of Hormuz in 2025 was destined for Asian countries.
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The conflict in Iran is a reminder of how quickly global energy markets can be disrupted. It also underscores why advances in things like battery technology — from...
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More than a month into the Iran conflict, the United States and Iran are at a critical inflection point.
Reports by Chris Bataille, Seton Stiebert, Dr. Francis Li + 1 more • April 09, 2026
This report represents the research and views of the author. It does not necessarily represent the views of the Center on Global Energy Policy. The piece may be subject to further revision. This report was funded through a gift from the Bezos Earth Foundation. More information is available here. The author would like to thank Ariane Desrosiers and Sarah Doctor for helpful research support on earlier drafts. Errors in the report are the responsibility of the author.
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Near-term guidance for decarbonizing global industry is needed to ensure it happens on pace to meet Paris Agreement climate goals. Such insights would help industry and financial decision-makers as well as inform government policies meant to support the transition toward lower-carbon energy sources.
This report combines a review of country diplomatic commitments, policies, and industrial roadmaps with decarbonization scenarios and new global modeling to suggest timelines, carbon prices, regulations, and lead markets for clean products, to replace unabated fossil fuel–powered industrial facilities and equipment with near-zero carbon emissions alternatives. It also estimates the capital and operating expenditures required, and provides policy options to support these efforts.
Key findings include the following:
Recommended policy pathways for governments around the world to address these findings include the following:
CGEP scholars reflect on some of the standout issues of the day during this year's Climate Week
Amid plans to nearly double its steel production capacity by 2030 to serve its growing infrastructure needs, the world’s No. 2 steel producer India has released plans to reduce greenhouse gases from the sector, which account for about 10 percent of the nation’s total emissions.
This report explores financial policy instruments that can make first-of-a-kind (FOAK) near-zero emission industrial facilities viable.
Full report
Reports by Chris Bataille, Seton Stiebert, Dr. Francis Li + 1 more • April 09, 2026