World Bank scraps climate financing after facing pressure from Trump
The 45% target was set following the United Nations’ climate conference in 2023, pledging the funding to climate-related projects by 2025.
To achieve the Paris Agreement goals, public and private actors need to either deploy far more energy that is zero carbon like wind and solar, or develop technologies that remove greenhouse gas emissions, such as carbon capture and storage (CCS). Host Jason Bordoff speaks with Stephen Bull, a Senior Vice President for Wind and Carbon Capture and Storage in Statoil’s New Energy Solutions business about: The revolution of offshore wind energy and declining costs; CCS research and financing; The impact of the Paris Agreement on wind and CCS technologies; Development and implementation challenges for both wind and CCS.
Concerns about the affordability of electricity in the US have been rising along with prices. And while the headlines have pointed to AI and data centers as the...
The energy transition is in the midst of its own transition. Spiking electricity demand and geopolitical events are driving up energy prices, while debates over the best sources...
Yesterday, the US and Iran signed a memorandum of understanding starting the clock on a 60-day truce. The agreement intends to halt attacks, begin lifting the US naval...
The 109-day-old Iran crisis is heading toward an off-ramp in the form of a not-yet-public Memorandum of Understanding to reopen the Strait of Hormuz. While energy markets are...
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