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It’s the Women, stupid!

When writing about the energy transition, one generally forgets that it’s not always about hard facts and debating the best policy solution that reaches a desired outcome, but that it’s the people who make the transition – the people who make the story. Rececca Bertram tells such a story of three indigenous women from remote areas in Costa Rica who push for an energy transition thereby increasing the quality of life in their entire respective communities.

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The New Energy Charter Treaty in Light of The Climate Emergency 

After 2 years and 15 negotiation rounds, on June 24, 2022, the Contracting Parties of the Energy Charter Treaty (“ECT”) finaly reached an agreement in principle on a reform of the Treaty. The deal, the detailed text of which remains confidential, contains a package of amendments and changes meant to modernise the Treaty’s investment provisions and bring it in line with the Paris Agreement (the “new ECT”). Crucially, this new ECT will grant existing fossil fuel investments in the European Union and the United Kingdom an additional 10 years of investment protection and even maintain, for now, indefinite protection in other Contracting Parties. It is therefore clearly not aligned with the rapid phase-out of fossil fuels that science shows is required to avoid climate catastrophe, or consistent with the International Energy Agency’s (“IEA”) widely recognised scenario to limit global warming to 1.5°C above pre-industrial levels. Amandine Van den Berghe, Lukas Schaugg and Helionor de Anzizu have the details. This blog was originally published on Jus Mundi.

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The most dangerous radicals are those ignoring the IPCC

Russia’s invasion into Ukraine coincided with the release of two sweeping assessments by the Intergovernmental Panel on Climate Change (IPCC) on the perilous state of our planet’s health. Desperately warning of the need to get off fossil fuels, as the body starts hammering out a synthesis report, lead blogger and podcaster Michael Buchsbaum reflects on how Europe’s desperate attempts to find alternative fossil fuel sources may end up turbo-charging climate chaos.

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GFANZ must tighten the screw on fossil fuel expansion

Pressure on the fossil fuel industry to stop developing new projects and to start to phase out the production of coal, oil and gas is steadily increasing. On May 18, UN Secretary-General Antonio Guterres stated unequivocally that “Fossil fuels are a dead end — environmentally and economically. […] We must end fossil fuel pollution and accelerate the renewable energy transition, before we incinerate our only home.” Global finance, and especially the leadership of the Glasgow Financial Alliance on Net Zero (GFANZ), needs to follow Guterres’ lead, stop waffling on fossil fuels and send a clear message to the industry that its days are numbered. Paddy McCully gives a broader look. This article was originally published in Reclaim Finance.

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Climate-Washing: Legal Liability for the New Green-Washing?

Climate change is the biggest global emergency we are facing, and using litigation to hold corporate polluters accountable for misleading consumers is one among a variety of avenues to combat this crisis.  A recent report by the European Commission showed that 42% of online market websites contain false, deceptive or exaggerated environmental claims and could qualify as unfair commercial practice under European Union (EU) regulations. These are “greenwashing” claims, and the litigation brought on that basis highlights the gap that exists between environmental claims and actual action. In this blog post, Akriti Bhargava, Karla Martínez Toral and Aradhna Tandon explore what constitutes greenwashing practices, how these have been challenged in European courts and some implications for litigation of the EU Taxonomy.

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Insane methane: The disastrous explosion of American Freedom molecules

As Russia’s brutal invasion of Ukraine metastasizes into a global humanitarian crisis, fossil fuel interests are wasting no time in trying to wrench as much glorious shareholder value as possible out of the growing calamity. Lead blogger and podcaster, Michael Buchsbaum argues there’s little coincidence that the United States, the world’s largest oil and fossil gas producer, is using fears of global energy insecurity to gain more market’s for their liquid natural gas (LNG) sector.

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How the ongoing Russia-Ukraine war affects Nigeria’s subsidy and energy prices

On February 24th, 2022, Russia launched a wide range of attacks on Ukraine. The invasion has left the European Union desperately searching for alternative energy sources to replace Russia’s fossil fuels. As a result, the invasion has also led to global fluctuations in crude oil prices, which directly impact fuel prices, so the higher crude oil prices are, the higher gas prices are likely to be. Samuel Ajala takes a closer look on how these circumstances affect Nigeria.

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The Caribbean’s energy conundrum

Small island states tend to face a double challenge when it comes to energy: Securing sufficient energy supplies and dealing with the immediate impacts of climate change. The Caribbean – comprised of 31 individual island states – is facing the brunt of energy and climate insecurity. As the region suffers a Covid-induced economic slump in its all-important tourism industry, it is also witnessing increasing extreme weather events, rising sea levels and extremely high electricity and energy prices. The latter three phenomena have been around for years, so why has the Caribbean not adapted a more sustainable energy policy? Rebecca Bertram has the Details.

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