Geopolitics of the energy transition with a focus on #oil and #gas @e3g Previously in government and @third_pole @chinadialogue
London
Joined July 2012
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beth walker retweeted
@TESSForum is pleased to share this briefing note by Beth Walker @beth_wa & Ellie Belton @ellie_belton_ co-published with @e3g on the #EnergyTransition.
This new addition to our publication series on trade & climate scenarios & #NetZero pathways, identifies:
➡️Trade policy solutions to drive the transition away from #FossilFuels
➡️Key opportunities & challenges for developing countries in shaping the future of clean energy trade
➡️Priorities for an equitable energy transition to #ClimateResilience & sustainable growth.
Learn more ➡️ bit.ly/4b1dFQr
beth walker retweeted
Responding to launch of the Global Clean Power Alliance by @Keir_Starmer at #G20 @cat_pettengell said:
"Political leadership is urgent to make real last year’s COP28 agreements to globally transition away from fossil fuels, and triple renewables and double efficiency by 2030...
While talks are stalled, it's still heartening to see the Clean Energy Transition Partnership referenced in the NCQG draft text here. and an excellent thread as usual from Natalie at IISD
The new NCQG text #COP29 has many good elements, from a fossil fuel phase out perspective.
First, in several places in the text, phasing out fossil fuel subsidies is mentioned:
beth walker retweeted
Colombia is the biggest fossil fuel producer in the 🌎 with a roadmap to reduce reliance on the sector.
At #COP29, it needs $10bn, technical assistance & access to cleantech from the int’l community.
✍️@paoyanguas, Eduardo Posada & @climatemegan
tinyurl.com/3zdrht5j
Colombia is one taking a pragmatic approaching in moving away from fossil fuel production - and using a $40bn investment plan to leverage international finance - one to watch...Why the international community should back Colombia's post-fossil fuel plan
#Colombia is seen as a leader on the transition away from fossil fuels.
With a plan for $40bn in transition investment + #JustTransition projects, IISD's Vance Culbert explains why 🇨🇴's approach should inspire other countries with national oil companies at #COP29.
Watch 👇
beth walker retweeted
An extremely valuable contribution by the @IEA to monitoring the global progress on the COP28 #EnergyTransition goals.
One big gap this report nevertheless has is lack of clarity on how to deliver and measure the "transition away from #fossilfuels (TAFFF)". 1/3
Tripling renewables & doubling energy efficiency would cut emissions by 10 bln tonnes by 2030 vs current path, getting the world 2/3 of the way to a Paris-aligned energy system
New @IEA report is 1st global analysis on putting the COP28 goals into action: iea.li/3XJbk6K
Azerbaijan produced half the world's oil at the start of the 20th century - now with oil production declining and demand for its gas falling #COP29 offers an opportunity to take advantage of opportunities of energy transition while it still can.
As #COP29 approaches, E3G examines Azerbaijan’s role as this year’s COP Presidency, its transition away from fossil fuels, and its relationship with the EU, its major energy partner. (1/4) Read the full briefing here bit.ly/3TFh14q👇
beth walker retweeted
OUT TODAY: Rate my transition!
The IEA evaluates the "policy implementation gap" compared to COP28 goals..
The 3 things i found interesting:
🟡Renewables is actually one of the smaller gaps (awesome!)
🔴 Efficiency is WAAAYYYYY off track
🔴 Methane reduction also awol
beth walker retweeted
Looking forward to sharing our update on the state of play.
On Monday, the @NetZeroTracker will launch its fourth annual global Stocktake report. Shedding light on the global state of play on net zero, our latest analysis will provide essential analysis on commitments set by cities, states and regions.
Watch this space.
beth walker retweeted
The UK has committed to cleaning up its aid and stopping investments in new fossil fuel projects overseas.
But a government-backed company called Globeleq has been building gas power plants across Africa.
So what's going on with Globeleq?
➡️ carbonbrief.org/how-a-uk-gov…
beth walker retweeted
Read the full E3G brief here for more insights into the EU's #EnergyTransitionandits effects on key fossil fuel suppliers. 👇
e3g.org/publications/future-…
(10/10)
beth walker retweeted
Europe has likely reached peak consumption of liquefied natural gas yet continues building import terminals and related infrastructure, raising the risk of stranded assets bloomberg.com/news/articles/… via @markets
Impressive research from @JordanADilworth @EunjungLee_LDN shows UK protects more annual GHG emissions than any other country by ISDS in investment treaties. Also highlights ISDS could threaten transition in Colombia, Egypt and Nigeria. Lots of excellent details in report
📊E3G reveals that investment treaties with ISDS provisions are misaligned with global climate efforts, with up to 2 Gt of GHG emissions protected by ISDS.
Wealthy countries must tackle these treaties if they are serious about their climate commitments.
e3g.org/publications/investm…
Gas flaring in UN climate host Azerbaijan reached record high in 2023 +70% in the past six years. The activity in Azerbaijan had “gone largely unnoticed” because the country “hasn’t bothered to report its emissions in six years” @patrickgaley on.ft.com/3YiA1bW
beth walker retweeted
#COP29 host Azerbaijan is failing to tackle its flaring of methane, the most potent greenhouse gas
According to @Global_Witness analysis of satellite data, flaring emissions have risen 10% since Baku last submitted emissions data to the UN
ft.com/content/374762d3-9169…
beth walker retweeted
In remarks today @antonioguterres, called attention to the surge in new oil & gas licences, urging countries to "phase-out #FossilFuels – fast & fairly."
New IISD analysis, out yesterday, finds the 🇺🇸, 🇨🇦, 🇦🇺, 🇳🇴, & 🇬🇧 issued two thirds of 🌎 oil & gas licences since 2020.
ALT Photo credit: Mike Muzurakis
excellent new research from @IISD_Energy in the @guardian on "the other petrostates" - wealthy countries with low economic dependence on oil and gas who are issuing record numbers of new licenses. Looking forward to watching this work develop...
This is a good summary of the @telegraphs wilful misreporting of Miliband's actions in the North Sea
The @Telegraph published an article last week claiming Ed Miliband had "ordered an immediate ban on new drilling in the North Sea"
After @energygovuk, @NSTAuthority, and even O&G trade body @OEUK_ highlighted major errors, it has been substantially changed
What happened? 🧵
beth walker retweeted
The mining company defending it's Cumbria coking coal mine in Court is claiming that the mine would be "net zero"
this should be taken with a pretty hefty pinch of salt...
theguardian.com/environment/…