Chief executive of Nasdaq-listed Indian renewables group says companies are mis-priced as they struggle to raise cash
Beijing rolls out huge investment to upgrade transmission system as shift from coal piles pressure on creaking grid
Companies from the US to the Gulf are jostling for petrochemicals market share
State-owned companies still see a future for gas to fill any gaps left by renewable sources
Incoming UK government has made low-carbon growth an organising principle
Also in today’s newsletter, a new report casts doubt on clean hydrogen’s role in the power sector
Does the government in Beijing have the courage to throw its weight behind what business is already doing?
Tech giant’s ambition of reaching ‘net zero’ by 2030 under threat from power demands of artificial intelligence systems
Paperwork hold-ups at marine environment regulator leave Britain trailing other countries in building infrastructure
Investor returns imply that the welfare of future human beings is close to irrelevant
Current market is in gridlock, with governments flip-flopping on green targets
Work on energy transition project in Rotterdam will be further delayed
Orders are surging but capital markets are becoming reluctant to fund infrastructure projects
They want ‘made in Europe’ requirements to protect region’s hydrogen equipment manufacturing industry
New facility is aimed at smaller projects that would otherwise struggle to find cover
Microsoft co-founder argues Big Tech’s investment in power-hungry artificial intelligence systems is spurring a boom in clean electricity
The Republican presidential candidate has promised to stop offshore wind development if elected
Statkraft forced to cut growth because of lower electricity prices and higher costs
Also in this newsletter: YouTube’s music-cloning plan, food and tax wars, taxing billionaires
Clean tech investment is booming, but not yet keeping pace with rising energy demand. Plus: China, Africa and the Gulf’s efforts to shift away from fossil fuels; Big Oil pulls back on climate goals; and the start-ups leading energy innovation
Businesses globally have attracted billions in venture capital for clean and renewable power projects
But spending still at less than half of estimated level needed by the early 2030s to achieve net zero targets
Momentum behind net zero pledges could be fading as Beijing prioritises economic growth and energy security
Proponents of continued fossil fuel use say it is the only way for the continent to industrialise
Some producers have started to row back on low-carbon strategies amid high fossil fuel demand and investor concerns
International Edition
