News / #gas
As COP29 president Mukhtar Babayev outlines climate plans for the upcoming negotiations during the Petersberg Climate Dialogue in Berlin, Azerbaijan president Ilham Aliyev said at the same event that it won’t stop investing in oil and gas.
European lawmakers have backed plans for the EU to exit a treaty that lets fossil fuel firms sue when climate policies hit profits.
Despite growing interest in nature and biodiversity, most investors have yet to incorporate deforestation into their financing policies and very few have done a detailed deforestation assessment across their portfolios, a new survey finds.
Burning all the oil and gas from new discoveries and newly approved projects since 2021 would emit at least 14.1 billion tonnes of carbon dioxide (GtCO2), according to Carbon Brief analysis of Global Energy Monitor (GEM) data.
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