The next tipping point in the energy transition is approaching.
Overall, solar has already been cheaper than fossil power for a while, but upfront costs used to be higher.
That's no longer the case. Solar is now competitive upfront AND has vastly lower operating costs (no fuel).
NEW: North Sea misinformation is rife in UK media, as the O&G lobby uses the energy crisis to push gov to issue new licences
We tackle myths on emissions, tax, bills, jobs
One key point is new drilling will barely change future output, as the basin is in decline
www.carbonbrief.org/factcheck-ni...
🔎 Assessing end-use emissions in environmental impact assessments
🌳 Adaptation planning and implementation
💰 Aligning investment governance with climate action
⚡ Coordinating the implementation of climate-related provisions across multilateral environmental agreements
In this five-part series, Elena Kosolapova, @jeffreygqi.bsky.social , @lschaugg.bsky.social and I break down the implications and recommendations for five areas of climate policy:
🤑 Phasing out environmentally harmful subsidies, including fossil fuel subsidies
New publication alert!
In the wake of the International Court of Justice (ICJ)'s Climate Change Advisory Opinion in July 2025, many questions have emerged about the implications of the opinion for various aspects of climate policy.
www.iisd.org/projects/int...
A thread -- which world leaders are calling for a shift to clean energy as a security investment in light of Iran War?
First up, French President Macron: "...everything we do to more toward the transition is also about reducing our dependence.." (1/x)
#cleanenergyisnationalsecurity
NEW: Brief on roadmaps - what does a good roadmap for transitioning away from fossil fuels look like? Drawing on extensive case studies.
Read the brief & accompanying case studies here: www.iisd.org/publications...
this is fine this is fine this is fine
Today's must-read:
"Europe faces a clear choice: allegiance to the US, fossil energy dependence and declining living standards for the majority or an independent foreign policy anchored in green development and wellbeing."
transitionsecurity.org/trillion-dol...
LNG stocks up
US LNG companies to enjoy windfall profits from war started by US government
If you wish to help stop SACE, here's an action that anyone can take -- writing to SACE and the Italian Ministry of Economy and Finance:
actionnetwork.org/letters/sace...
What's more, public finance for fossil fuels has outsize impact on whether projects ultimately get built, de-risking projects and crowding in private financing.
But it hasn't financed any fossil fuels since mid-2024.
Financing Argentina LNG would be a step backwards for SACE and for Italy.
Italy has broken its CETP commitment in the past - nine times, in fact, for a total of USD 3.6 billion.
oilchange.org/wp-content/u...
Collectively, the 40 CETP members have cut their international public finance for fossil fuels by a whopping 78% since the commitment was signed -- a fantastic achievement.
www.iisd.org/publications...
There's just one catch: Italy is a member of the Clean Energy Transition Partnership (CETP), whose members have pledged to stop their international public finance for fossil fuels.
International public finance includes export credit.
cleanenergytransitionpartnership.org/who-we-are/
Reportedly, SACE is considering financing this project.
Back in June last year, Meloni and Milei signed an action plan that aims to exploit the Vaca Muerta unconventional gas field in the pristine San Matias Gulf.
In current circumstances, investing in more LNG seems a bizarre choice at best. Why lock the world into more insecure, volatile, unsustainable energy supply?
But that's what the Italian export credit agency, SACE, is considering doing in Argentina.
@recommon.org
The war on Iran likely brings a new oil price shock and windfall profits.
So, who stands to win?
Our research shows: Last time around (2022), the US reaped the largest fossil fuel profits of any country ($377bn). 50% went to the top 1%, only 1% to the bottom 50%. A🧵
While no country that imports oil will be immune from global price volatility, some are more exposed than others.
Structural reduction of oil & gas import dependence is the only durable protection against shocks like this. That means investment in renewables, storage, efficiency and grids at home.
My thoughts are with the ordinary people of Iran and all countries in the Middle East/Gulf region affected by this war.
My thoughts are also with the people of countries like Pakistan, Bangladesh and Sri Lanka, who will be the hardest hit by rising oil prices due to the Strait of Hormuz closure.
We should not be subsidising fossil fuels.
And it's a whopper of a subsidy: The fuel+capital+operating cost of LNG (via BCG "Energy to Grow" report) is $44/GJ, half of that capital+O&M costs, if its for dry-year cover only. So paying the fixed costs with a levy HALVES the LNG price... 1/-
"European countries now reliant on US liquified natural gas shipments, creating risk of higher bills amid recent tensions"
We in the climate space have been warning against this for years now. The Adults In The Room all kept insisting we had to switch gas providers for "energy security". Well, look
a chart showing rising ghg emissions in the US - partly thanks to buildings
New analysis out today from Rhodium Group showing data centres were one of the major drivers of the first rise in total economy-wide emissions in the US in years
Uncontrolled growth of demand has helped boost coal growth, in conjunction with the LNG export boom ->
rhg.com/research/us-...
I very commonly get asked for my advice to current students seeking jobs in the climate space. So I wrote it up: nataliejon.es/2025/12/09/m...
What did I miss?
And in a lovely end to the day, the Dutch have backed out too from financing this project: www.rijksoverheid.nl/documenten/k...
Other governments, like the US, Netherlands, Italy and Japan must now follow suit and pull out of financing the project.
What’s more, it would not deliver any benefits for ordinary Mozambicans, with repeated studies showing it would not result in development or energy access benefits.