Big banks predict catastrophic warming, with profit potential
Morgan Stanley, JPMorgan and an international banking group have quietly concluded that climate change will likely exceed the Paris Agreement's 2 degree
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Global fossil fuel use has grown alongside GDP since the start of the Industrial Revolution and currently makes up roughly 80% of global energy demand. But to meet our goals to limit global temperature rise to 1.5 C degrees, demand will need to drop sharply by 2050.
This analysis provides an overview of changes in production and economic outcomes in US oil and gas regions, grouping them by recent trends and examining their impact on local economies.
Rapidly reducing greenhouse gas emissions from fossil fuels to address the severe threats of climate change requires economic transformations that pose challenges for regions heavily dependent on coal, oil, natural gas, or other carbon-intensive industries.
This Energy Explained post represents the research and views of the author. It does not necessarily represent the views of the Center on Global Energy Policy. The piece...
Also in today’s newsletter, why private capital will not suffice for Africa’s climate needs
As Russian President Vladimir Putin prepares to visit China, the proposed Power of Siberia 2 natural gas pipeline is likely high on his agenda.
This Energy Explained post represents the research and views of the author. It does not necessarily represent the views of the Center on Global Energy Policy. The piece...
One of the enduring mysteries of the European gas market landscape has been the relative lack of recovery in industrial gas use following the 2022 global energy crisis.
Unlike Russian crude oil exports, which in 2023 exceeded the volumes of 2021, Russia’s natural gas exports have dwindled by an estimated 42 percent since 2021, the year before the country invaded Ukraine.