Browsing: climate

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.

Solar photovoltaic capacity in the United Arab Emirates is projected to increase nearly fivefold over the next decade, rising from 6.7GW in 2025 to 32.3GW by 2035, according to analysis from GlobalData.

Global renewable energy installed capacity stood at 4.1TW in 2025. According to GlobalData’s latest “Renewable Energy: Strategic Intelligence” report, that figure is forecast to reach 8.4TW by 2031, a compound annual growth rate of 13% over six years.

When roughly 20 million barrels of crude and oil products transited the Strait of Hormuz daily before hostilities escalated in late February, energy analysts largely treated oil and gas as symmetrically exposed to any closure. That assumption is now colliding with arithmetic.

The energy transition has a learning problem, not just a technology problem. Shomron Jacob, AI/ML expert and entrepreneur with over…