Browsing: climate

Wind and solar generated a combined 30 percent of the European Union’s electricity in 2025, surpassing fossil fuels at 29 percent for the first time and marking a structural shift in the bloc’s power system. This milestone reflects both accelerated renewable deployment and a policy-driven effort to reduce dependence on imported energy following recent supply disruptions.

Saudi Arabia-based ACWA Power is preparing to commit at least $30 billion to China over the next five years, reinforcing a strategic pivot that reflects both confidence in the country’s energy transition and a growing reliance on its industrial ecosystem.

Global renewable power capacity reached 5,149 gigawatts (GW) by end-2025, following a record 692 GW addition that marked a 15.5% annual increase, with renewables capturing 85.6% of all new capacity expansions.

Global LNG markets are operating under an extreme stress test as tanker traffic through the Strait of Hormuz collapses from an average of 94 vessels per day to just over five in early March 2026, with LNG and oil tanker flows falling from more than 53 per day to roughly two.

A projected €24 billion windfall for oil companies linked to rising fuel prices across Europe has reignited debate over windfall taxation, with Transport & Environment calling for a temporary levy on excess profits.

As oil prices climbed above $100 per barrel following disruptions linked to the Strait of Hormuz, Europe’s largest parliamentary bloc, the European People’s Party, renewed calls to accelerate clean energy deployment and reduce reliance on imported fuels.

Welcome to the new world order. For the past twenty years, politicians in expensive suits have assured us that the…

The closure of the Strait of Hormuz by Iran, affecting roughly 20 percent of global oil and gas flows and one-third of worldwide fertilizer trade, underscores a shift in the architecture of international economic power.

The Dutch prosecution of Fleurette Properties has highlighted the limits of Western enforcement in addressing large-scale corruption in the Democratic Republic of Congo.

Oil markets are pricing in a new strategic reality as Iran effectively blocks the Strait of Hormuz, with Brent crude holding above $100 per barrel despite the largest coordinated emergency reserve release in history.