As the clean energy transition takes off, the region’s biggest players are making sure they have a seat at the table. Oil may be the lifeblood of many Middle Eastern economies, but some of the region’s biggest players are now setting their sights on another booming energy sector: critical minerals. Minerals such as lithium, cobalt,...
The undertaking is proving not to be financially or environmentally viable. Deep-sea mining could cause up to 25-times more damage to the world’s biodiversity than land-based mining, resulting in $500bn of lost value, according to a new study published on Thursday. Many of the critical minerals needed in the production of electric vehicles (EV) can...
Fossil fuel demand must fall by a quarter by the end of this decade if governments want to limit the rise in global warming to 1.5C since the pre-industrial period, the International Energy Agency has concluded. Coal, oil and natural gas will all need to be replaced by clean energy at a rapid rate to...
Former US vice-president and climate campaigner Al Gore has hit out at the fossil fuelindustry’s “capture” of global UN negotiations on climate change “to a disturbingdegree”.It was “time to abandon the mistaken assumption” that oil and gas companies andpetrostates were “good faith participants” during the UN process that culminates in asummit to be held in...