Europe’s plan to double down on renewable fuels could have the unintended short-term effect of increasing prices. Fuel prices have been soaring around the world amid declining investments in fossil fuel projects. Prices accelerated since sanctions were imposed this year against energy exporter Russia following its invasion of Ukraine. Europe’s arrangement to twofold down on … Read more
DUBAI: India, China, and Russia need to fully commit to reducing emissions for a global energy transition to happen quickly, US special envoy for Climate Change John Kerry said at a conference in Dubai, Arab News reported. Speaking at the Global Manufacturing and Industrial Summit, Kerry said there is “incredible movement” from global players, as well as … Read more
LONDON: Britain has announced $68 million in funding to support energy transition and green infrastructure and growth in the Middle East and North Africa, Arab News reported. The announcement was made by UK Minister for the Middle East and North Africa James Cleverly during an event on the second day of the UN Climate Change Conference (COP26) … Read more
