During the consultation the government is seeking opinions and recommendations on three major issues: how energy consumption can be adapted in order for France to reach climate neutral by 2050; how energy demand can be met whilst reducing dependency on fossil fuels; and how to plan, implement and finance the energy transition.

China's crude imports from Russia have continued to stay elevated through 2022, averaging at 1.71 million b/d over January-August, up 7.3% year on year, according to customs data.

Lesson one is that energy security and energy transition must be in balance to sustain energy systems that are also affordable.

The current situation, rather than “making green energy so cheap that eventually everyone will want it”, is making green energy so expensive that eventually no one will want it.

This €200bn package is expected to include a €96bn subsidy scheme which was introduced earlier in October 2022.

Saudi Arabia is China's top crude supplier with most of the country's refineries designed to crack Middle East crudes.

The REPowerEU plan, which aims to end the EU’s dependence on Russian fossil fuels and tackle the climate crisis, will seek to raise the share of renewables in the region’s final energy consumption to 45% by 2030.

Going by big-ticket announcements of exits from coal in the last few weeks, sentiment in Australia is tilting toward those opposed to coal consumption, but market sources believe in the absence of replacement electricity generation sources, the closure of coal plants will inflate consumer power prices.

In a two-hour speech to kick off the weeklong Communist Party Congress, Xi said that prudence would govern China’s efforts to peak and eventually zero out carbon emissions.

Progress on the world’s rising climate action ambitions could be undermined by a shortage of some of the critical minerals used in clean-energy technologies including wind turbines, solar farms and electric vehicles (EVs),