Courtesy: Gateway House
Significant progress has been made globally in adopting green energy. Technological advances, easier availability of capital and regulatory measures have helped. But progress is likely to slow due to the shocks caused by Covid-19 and the Ukraine crisis. How to continue the green transition whilst ensuring that lower-income countries have access to affordable energy? This Task Force offers recommendations for India’s G20 Presidency.
Courtesy: DW & Avalon_Studio/iStock
Many western governments and pressure groups are now turning to agriculture to curb carbon emissions. Given the legitimate concerns about security of food, nutrition and livelihoods, they may be looking in the wrong direction. If these groups are serious about reducing emissions, activities such as crypto-mining, with no positive net contribution, should be targeted first.
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Courtesy: Gateway House
Discontent over high energy prices, spiralling living costs, and anti war sentiments have gripped Europe, resulting in protests and civil unrest across the continent. With no immediate solution in sight, public resentment is likely to intensify through the coming winter months
Courtesy: Reuters/Amer Hussain
India's G20 Presidency in 2023 will be the time of the global stocktake on climate change negotiations under the 2015 Paris Agreement and the upcoming COP28. It's an opportunity for the G20 troika of Indonesia, India and Brazil to move the needle on the key challenge of climate financing and turn the G-20 away from hegemonistic power control to being a global support mechanism.
Courtesy: Gateway House
On November 6, Egypt will host the COP27, the 27th Conference of the Parties of the UN Framework Convention on Climate Change. This infographic shows the two types of multilateral approaches and agreements under which countries solve the shared global challenge of climate change: Conventions or treaties and CoPs or Conference of Parties.
Courtesy: Tuticorin Alkali Chemicals & Fertilizers Limited
Renewable energy systems on their own will not be successful in achieving the net-zero targets. New technologies such as carbon capture, utilisation and storage (CCUS) also need to be used, especially in hard-to-decarbonize industries like petroleum, steel and cement. India can use its upcoming G20 Presidency to initiate an informed discussion on CCUS technologies.
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Wide-ranging economic sanctions on Russia are likely to stay for several years, if not decades. Given Russia’s critical global role as a supplier of key commodities and military hardware, India should pursue long term solutions to continue this trade.
Courtesy: Advantour
The last week of September was eventful for Russia. The partial-mobilisation was underway, the referendum of Russian-speaking regions in Ukraine took place, President Putin made a significant speech and the Nord Stream pipelines were damaged. Amit Bhandari, Energy Fellow, Gateway House, was in Moscow during this time. In this podcast, he offers his impressions of Moscow after the sanctions, compared with the city he saw before the Russia-Ukraine conflict
Courtesy: T20 Indonesia
G20 President Indonesia, hosted the Think-20 (T20) Summit in Bali 4-6 September. The recommendations of the working groups resonate in the Leaders’ Statement released at the G20 Leaders’ Summit. The T20 Task Force on Open Trade, Sustainable Investment and Industry published its notes on multilateral trade reform, digital trade, health. Yose Rizal Damuri of CSIS, is the Lead Co-Chair of this Task Force.
The global energy market has been disrupted since the Ukraine-Russia conflict. Energy security is now a core concern for most countries and offers the chance to fix the structural problems in the energy generation sector. The interaction between energy security and environmental policies must be reassessed so policies can be consistent for the long term. Gateway House’s Saeeduddin Faridi speaks to Robin Mills, energy expert and CEO of Qamar Energy, about the state of energy markets.
