CO2: 429.35 ppmWidely dispersed wind farms and solar panels are harder to target than fossil fuel power stations, Michael Shanks says
As global energy markets remain volatile and the price of oil high due to instability and conflict in the Middle East, more countries are looking at investing in renewables to shield their economies from the shocks caused by fossil fuel reliance, rein in import bills – and meet key climate action targets.
A gathering in Colombia reflects mounting impatience with the slow pace of global climate negotiations. Countries first agreed at COP28 in Dubai in 2023 to “transition away from fossil fuels,” but made little progress on it.
The ongoing insecurity in the Middle East, where a large proportion of the world’s oil and gas is extracted, is forcing many countries to focus on how they can ensure access to cheap and reliable energy supplies primarily through the use of renewable power sources.
Exclusive: International Energy Agency’s Fatih Birol, the world’s leading energy economist, also says UK should largely forgo North Sea expansion
The 1986 Chernobyl nuclear disaster fueled global fears about nuclear energy and slowed down its development in Europe and other regions
Exports in March were equivalent to Spain's entire solar capacity
UN Secretary-General António Guterres has again urged governments to step up the transition from fossil fuels to clean energy as war and climate risks create unprecedented challenges.
China is the undisputed global leader in solar energy, making more than 80% of the world's solar panel components.