ByCyril Widdershoven, senior fellow, energy security and investments at Strategy International
Just a few short days ago, the Department of Energy announced that the UK’s greenhouse gas emissions had fallen by 3.5% last year – due in large part to a new record for renewable energy generation, such as wind and solar, which now powers more than 50% of the UK’s electricity supply.
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As COP27 draws to a close, the pressure on governments and companies around the world to accelerate the global energy transition away from fossil fuels and into clean energy continues to mount.
Policies intended to tackle climate change are “closing doors on opportunities to allow poorer nations” to secure energy access, Renergen CEO Stefano Marani has said.