Carbon markets are set to play a pivotal role in achieving climate goals, with efforts from Saudi Arabia and the UAE, paving the way for a smooth energy transition. According to a new report from the International Energy Forum, carbon markets are capable of effectively lowering the costs associated with greenhouse
Tag: energy transition
Liquid fuel-based power plants to be phased out in 2 yrs
Will the global energy crisis accelerate the energy transition?
COP27 is unlikely to produce new commitments to reduce emissions of climate-changing gases, but the global energy crisis will eventually prompt more action by countries to move away from fossil fuels. That is the positive feeling that many observers are taking away from the annual climate summit being held in