As world leaders descend on Dubai for this year’s biggest climate conference COP28, the United Arab Emirates is pushing for a global commitment to triple renewable energy deployment by the end of the decade. It will also showcase its own investments in solar and wind power. But a closer look at the numbers shows the UAE’s...
Sign up for Energy Daily, your guide to the energy and commodities markets that power the global economy, from journalists stationed around the world. European power prices fell below zero again as production from solar farms overwhelms the grid early in the afternoon. It’s an increasingly common phenomenon as Europe races to build more cheap...
Climate change is an unfortunate reality that is going to reshape many parts of our world — and investing is likely no exception. According to a recent study by the International Finance Corporation (IFC), “effects on returns from climate change are inevitable,” with — perhaps unsurprisingly — “the energy sector most significantly impacted.” As a citizen of a...