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Legal expert: ECT withdrawal 'is the only possible course of action'

Following the decision by several EU member states to leave the controversial Energy Charter Treaty (ECT), the European Commission must now put proposals on the table for the EU to withdraw collectively, says Lukas Schaugg.
IISD in the news February 8, 2023

In U-turn, Brussels recommends EU-wide exit from controversial Energy Charter Treaty

In a notable U-turn, the European Commission has proposed a collective and coordinated exit of all 27 member states from the controversial Energy Charter Treaty (ECT), an obscure international agreement that protects energy investors from unexpected circumstances that might hurt their profit expectations.
IISD in the news February 7, 2023

Coal phase-out alone will not be fast enough, developed countries must speed up oil and gas exit for 1.5°C

1.5°C pathways propose phasing out coal faster than is feasible for coal-dependent developing countries; developed nations must do more, says peer-reviewed research.
Press release February 6, 2023

View: India needs accelerated support for electric vehicles to achieve net zero

The recent Auto Expo 2023, India's largest motor show, generated significant excitement with the launch of several low- and zero-emission vehicle models, including electric vehicles (EVs), hydrogen, and hybrids. While the event confirmed the auto industry’s growing focus on decarbonization, it also showed that India urgently needs to accelerate budgetary support for zero-emission technologies—particularly EVs, as the most mature and commercially viable segment in the transport sector.
IISD in the news February 6, 2023

How the oil sands compete in a world of lower demand and far lower emissions

Oil production in Alberta has never been higher – output almost reached 4 million barrels a day last November, led by the oil sands. It is why Canada's exports to the United States have doubled since 2005, winning market share from the likes of Mexico and Saudi Arabia.
IISD in the news February 6, 2023

Socio-political feasibility of coal power phase-out and its role in mitigation pathways

In IPCC pathways limiting warming to 1.5 °C, global coal power generation declines rapidly due to its emissions intensity and substitutability. However, we find that in countries heavily dependent on coal—China, India and South Africa—this translates to a national decline twice as rapid as that achieved historically for any power technology in any country, relative to system size. This raises questions about socio-political feasibility. Here we constrain an integrated assessment model to the Powering Past Coal Alliance’s differentiated phase-out timelines of 2030 in Organisation for Economic Co-operation and Development/European Union and 2050 elsewhere which, for large coal consumers, lies within the range of historical transitions. We find that limiting warming to 1.5 °C then requires CO2 emissions reductions in the global North to be 50% more rapid than if this socio-political reality is ignored. This additional mitigation is focused on Europe and the United States, in transport and industry and implies more rapid decline in global oil and gas production.
IISD in the news February 6, 2023

Despite billions to get off coal, why is Indonesia still building new coal plants?

Not far from the white sand beaches on the island of Borneo, the Indonesian government is building what it calls a "green industrial park." In the ground-breaking ceremony, Indonesia's president said this area of more than 40,000 acres would become a hub for green manufacturing using the country's vast mineral reserves.
IISD in the news February 5, 2023

A new hope in the battle against climate change

What is hailed as one of the biggest breakthroughs in the battle against climate change comes from Denmark, one of the European Union’s biggest producers of oil and natural gas.
IISD in the news February 3, 2023

What the Union budget gets right and wrong when it comes to protecting the environment

Union Minister of Finance Nirmala Sitharaman reiterated 'green' 23 times and 'sustainable' nine times in her budget speech on February 1. She pegged 'green growth' as one among four opportunities that can be transformative during Amrit Kaal, the term first used by Prime Minister of India in 2021, referring to the next 25 years in India's growth. The expenditure budget increased by 33% in capital to Rs 10 lakh crore (Rs 10 trillion).
IISD in the news February 3, 2023

Fifty shades of green: The union budget's environmental hits and misses

Union Minister of Finance Nirmala Sitharaman reiterated 'green' 23 times and 'sustainable' nine times in her budget speech on February 1. She pegged 'green growth' as one among four opportunities that can be transformative during Amrit Kaal, the term first used by Prime Minister of India in 2021, referring to the next 25 years in India’s growth. The expenditure budget increased by 33% in capital to Rs. 10 lakh crores (Rs. 10 trillion).
IISD in the news February 2, 2023

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