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[ad_1] Press play to listen to this article Voiced by artificial intelligence. A new law that allows Russia to seize foreign-owned energy assets should be a final warning to Western firms to cut their losses and leave the market for good, one of the country’s most prominent exiled businessmen has cautioned. “There are no guarantees…
[ad_1] The Group of Seven richest countries set higher 2030 targets for generating renewable energy, amid an energy crisis provoked by Russia’s war on Ukraine, but they set no deadline to phase out coal-fired power plants. At a meeting hosted by Japan, ministers from Japan, the U.S., Canada, Italy, France, Germany and the U.K. reaffirmed…
[ad_1] Russia’s year-long war in Ukraine has led to thousands of casualties, millions of refugees and billions of dollars in damages to the country’s economy, environment and infrastructure. At home, Russian President Vladimir Putin is pushing the narrative of a just war against the West and crushing dissenting voices, while his country’s economy feels the…
[ad_1] Press play to listen to this article Voiced by artificial intelligence. Europe is on track to kick its addiction to Russian fossil fuels, but can’t seem to replicate that success with nuclear energy a year into the Ukraine war. The EU’s economic sanctions on Russian coal and oil permanently reshaped trade and left Moscow…
[ad_1] Europe loves the Aussies again. Australia was, until recently, an international pariah on climate change and a punchline in Brussels. But a new government in Canberra coupled with Europe’s energy and economic woes mean a better relationship is now emerging — one that could fuel Europe’s transition to a clean economy, while enriching Australia…
[ad_1] Press play to listen to this article Voiced by artificial intelligence. The EU’s energy war with Russia has entered a new phase — and there are signs that the Kremlin is starting to feel the pain. As of Sunday, it is illegal to import petroleum products — those refined from crude oil, such as…
[ad_1] A group of U.S. lawmakers wants the Biden administration to ask the United Arab Emirates to remove the oil company chief the country chose to lead the next U.N. climate talks — or at a minimum “seek assurances” that the UAE will promote an ambitious COP28 summit. In a letter to Special Presidential Climate Envoy…