Energy
COP28: African nations resist fossil fuel phaseout, citing economic realities
At the COP28 climate summit in Dubai, leaders from the US and EU have backed a phasedown of fossil fuels, with some qualifications. But many African countries say they deserve to exploit their natural resources and develop just like richer countries.
War in Ukraine spurs ‘rapid deployment’ for renewables, energy chief says
The Russian invasion of Ukraine has sent energy costs surging, European leaders scrambling for alternative suppliers of gas, and redirected flows of Russian oil toward Asia. Some European countries also burned more coal in response to the energy shock. But the most transformational long-term change will be in increased investments in renewable energy, according to International Energy Agency chief energy economist Tim Gould.
Europe looks to Senegal for new energy supply. But what’s in it for the Senegalese?
Since the start of Russia’s full-scale invasion of Ukraine, many European countries have been trying to find ways to reduce their dependence on Russian energy. One place they’re starting to look is West Africa, where Senegal and Mauritania are capitalizing on recent discoveries of natural gas. But many locals are wondering how much they will benefit from their own country’s resources.
War in Ukraine speeding up Germany’s transition to renewables
Russia’s full-scale invasion of Ukraine last year upended energy markets throughout Europe. No country was hit harder than Germany. At the time, more than half of Germany’s gas came from Russia. In the short term, the country had to double down on fossil fuels: keeping coal-fired power plants open longer and building new liquefied natural gas terminals. But in the long term, the war pushed a government falling behind on renewable energy goals to enact some ambitious new policies.