France unveils fossil fuel phaseout roadmap embedded in existing policies
France has published a document summarising its transition away from coal, oil, and fossil gas by mid-century, positioning itself among the first countries to respond to the COP30 presidency’s call for national transition plans.
Read MoreSanta Marta pushes for new legal instrument on fair fossil fuel phaseout
United in the Colombian city of Santa Marta for the first international conference on transitioning away from fossil fuels, governments, scientists, and civil society organisations advocated for strategies they believe can lead the world in reducing reliance on oil, gas, and coal.
Read MoreCOP31 must reclaim the climate narrative to avoid being seen as a non-event, panel hears
Australia must use its new hybrid role of President for Negotiations at the upcoming COP31 to reclaim the climate narrative if it wants to avoid it being a non-event, according to a climate expert event held Monday.
Read MoreOil majors to make $3,000 a second in 2026 as families face energy squeeze -Oxfam
Six of the world’s biggest oil and gas companies are projected to earn almost $3,000 every second in 2026 while households continue to struggle with energy costs worldwide, Oxfam warned on Monday, one day before the first global conference on transitioning away from fossil fuels.
Read MorePACM clean cooking methodology still needs work, as expert body recommends N2O crediting framework for adoption
The CLEAR methodology for cooking energy transitions remains under review by an expert methodological group working to advance the Paris Agreement Crediting Mechanism (PACM), while a framework covering N2O abatement has been put forward for adoption.
Read MoreClean energy, security at forefront of Berlin climate talks
Energy security took centre-stage at annual international climate talks in Berlin this week, with a number of leaders highlighting their work in support of a clean energy transition – against the backdrop of the global fossil fuel price spike.
Read MoreINTERVIEW: Turkish COP champion hopes to connect carbon markets, emission cuts with daily lives
Turkiye’s COP31 high-level champion is hoping to help translate the carbon market “architecture” established in recent years into “real-world delivery”, primarily through harmonisation, during this year’s UN climate summit.Â
Read MoreGlobal CCS capacity to fall short of climate goals, machine learning study finds
Global carbon capture and storage (CCS) capacity is set to reach only a fraction of the levels needed to meet the Paris Agreement’s 2C target, according to a study published Monday.
Read MorePREVIEW: At Petersberg Climate Dialogue, clean energy framed as antidote to fossil fuel “gut-punch”
International climate talks need to shift focus onto action, away from negotiations, to fend off the “twin reapers” of global warming and high fossil fuel costs, the UN’s climate chief said in a speech kicking off the annual Petersberg Dialogue on Tuesday.
Read MoreCost of meeting CORSIA offset demand may hit $2 bln for 2025 emissions
The cost of meeting demand for CORSIA-Eligible Emissions Units (EEUs) in 2025, at current market prices and based on expected sectoral growth figures, could near $2 billion, according to industry data presented at the Colombia Carbon Forum last week.
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