Climate Negotiations Slow Down

Climate negotiations at COP thirty face challenges, with a slowing energy transition and disagreement on fossil fuel phase-out. The IEAs new outlook suggests oil and gas demand might rise into the two thousand fifties under current policies. However, the Stated Policies Scenario shows coal consumption peaking before two thousand thirty, oil demand rising slightly before declining, and natural gas demand leveling off after two thousand thirty-five. Despite political noise, investments in low-emissions power generation have nearly doubled, with two-thirds going into renewables, nuclear, battery storage, and other clean technologies.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.