EconomyInvestment

Africa’s Energy Future Demands Investment Over Ideology, Industry Leaders Assert

African energy leaders are pushing back against narratives keeping oil and gas resources underground while millions experience energy poverty. The chamber advocates for pragmatic policies and investment partnerships to drive energy development and industrialization across Africa.

Investment Priority Over Ideological Debates

According to reports from the recent African Energy Week in Cape Town, energy advocacy groups are emphasizing practical investment solutions over ideological debates regarding Africa’s energy future. The African Energy Chamber has reportedly rejected narratives suggesting oil and gas resources should remain untapped while energy poverty affects millions across the continent.

EnergyPolicy

UK Government Held 500 Fossil Fuel Lobbyist Meetings in First Year, Analysis Reveals

New analysis reveals UK government ministers conducted over 500 meetings with fossil fuel lobbyists during their first year in power. Critics warn this level of access gives polluting industries a “backstage pass” to decision-makers during critical energy transition discussions.

Fossil Fuel Industry Access to Ministers Doubles Under New Government

According to recent analysis, UK government ministers met with fossil fuel industry representatives more than 500 times during their first year in power – equivalent to approximately two meetings every working day. The research indicates this represents a significant increase in access compared to previous administrations.

EnergyPolicy

US Energy Policy Shift to Boost Fossil Fuels, Hike Emissions 3 Billion Tons by 2050: Report

The Trump administration’s reversal of clean energy incentives and support for fossil fuels is projected to increase North America’s power emissions by 3 billion metric tons through 2050. Coal generation is now expected to be 46% higher than previous estimates, while wind power faces a 24% decline.

Major Policy Shift Drives Emissions Increase

The abrupt cuts to U.S. federal clean energy incentives alongside fresh support for fossil fuel power will trigger a significant increase in North America’s emissions in the coming decades, according to reports from consultancy DNV. Analysis suggests that North America’s power emissions from 2025 to 2050 will be 3 billion metric tons more than was projected in 2022, when the previous U.S. administration had implemented aggressive clean power goals.