Two really important points have troubled me in the past months and given growing challenges and issues relating to the energy transition.
The failure of CoP26 lingers very heavily and now as we are caught up in the Russian- Ukrainian war we are seeing so many reverses on pledges made in Glasgow or simply waiting to see where this crisis will take us all.
It seems to be that the lack of positives is presently being defeated with all the negatives I have been recently reading about in disruption, energy risks and the growing energy crisis. A level of panic is setting in. It does seem we are losing real momentum on reducing carbon emissions as we fall back on fossil fuel supplies.
At the UN’s Cop26 climate summit in November 2021, after a quarter-century of annual negotiations that as yet have failed to deliver a fall in global emissions, countries around the world finally included the word “coal” in their concluding decision. That is now back on the agenda, with old coal mines even being reopened.
Even this belated mention of the dirtiest fossil fuel was fraught, leaving a “deeply sorry” Cop president, Alok Sharma, fighting back tears on the podium after India announced a last-minute softening of the need to “phase out coal” to “phase down coal”.
The really shocking failure at CoP26 was this.