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As geopolitical tensions and supply chain disruptions continue to reshape global energy markets, countries are increasingly grappling with ensuring energy security and affordability while transitioning away from fossil fuels.
High oil and gas prices don’t drive coal consumption in China, while mining companies have no incentive to increase output further.
Conditional approvals were granted to Verra’s revised methodologies for the connection of renewable energy to grids and abatement of methane from coal mines.
While the latest talks were less fraught than October’s, the International Maritime Organization’s Net-Zero Framework is far from a done deal.
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