The energy package due this week may include measures to address the increasing household costs and energy poverty.

In 2021, U.S. energy-related carbon dioxide (CO2) emissions increased by 296 million metric tons (MMmt), or 6%, compared with 2020 levels.

I believe we are in fact in the first global energy crisis, and this is affecting the oil markets, gas markets, electricity markets and coal markets. The world has never seen such an energy crisis.

Seven years after the adoption of the Paris Agreement and the joint launch of the International Solar Alliance, India and France’s commitment to tackle climate change is stronger than ever, both on mitigation and adaptation.

Complete removal of fossil fuels from the global economy removes three quarters of global greenhouse emissions.

The U.S. Department of Energy (DOE) announced $3.1 billion in funding from President Biden’s Bipartisan Infrastructure Law to make more batteries and components in America, bolster domestic supply chains, create good-paying jobs, and help lower costs for families.

In 2021, GHG emissions from the power sector rose by more than 8.3%, as the economic recovery fuelled the electricity demand - it returned to its 2019 level - and as the surge in European gas prices incited power generation groups to shift from gas to coal.

A retreat from wind power could have devastating consequences, as it is set to play a pivotal role in global efforts to transition to green energy.

Japan is one of the UAE's largest investment partners in both outbound and inbound investments, as Japanese investments in the country currently exceed AED 15 billion, accounting for 3percent of total FDI inflows and more than 8.2 percent of investments from Asian countries.

The German year-ahead baseload traded as high as Eur197.75/MWh, a new high for the 2023 contract, while year-ahead coal into Europe traded at $230/mt, EEX and ICE exchange data showed.