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Semafor Energy
🟡 Semafor Energy: Global climate diplomacy is shifting focus
Climate adaptation is moving up the agenda, but a ‘yawning’ finance gap remains.
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Global solar boom tempers climate change pessimism
There is already four times as much solar capacity worldwide as analysts in 2010 had forecast for 2035.
Nathan Frandino/File Photo/Reuters
Ukraine needs urgent investment to avoid blackouts: IEA
A seven-year-old girl was among the fatalities of the latest bombardment of Ukraine’s power grid by Russia on Thursday.
Valentyn Ogirenko/Reuters
Trump-Xi trade deal brings rare earths reprieve
Over the past week, Trump has engineered a flurry of trade deals with Asian countries and Australia to supply the US with rare earth minerals.
Evelyn Hockstein/Reuters
US energy department takes new steps to power AI data centers
Department of Energy Secretary Chris Wright told federal regulators to consider a rule that would accelerate the connection of data centers to electric grids.
Kent Nishimura/Reuters
Bill Gates’ plea for climate investors
Bill Gates has a bone to pick with climate advocates, a group that he was nominally the deepest-pocketed leader of over the past decade.
Caitlin Ochs/File Photo/Reuters
UN chief says world has overshot climate warming threshold
UN Secretary General António Guterres said that the world must now prepare for the ‘devastating consequences’ of climate change.
Denis Balibouse/Reuters
Chinese firm plans to build the world’s largest floating wind turbine
The two-headed turbine would have a capacity of 50 megawatts, nearly twice as much as the biggest turbine currently on the market.
Global use of coal hits record high in 2024
Most countries have pledged to wean themselves off coal, but it is cheap even if it is polluting.
US, Qatar intensify pressure on EU over climate rules
The two countries sent a letter urging the EU to water down the bloc’s climate rules, arguing they pose an ‘existential threat’ to the region’s industrial competitiveness.
The UK’s climate consensus fractures
Britain’s two main right-wing parties disavowed themselves of the country’s nearly two-decade-old climate legislation
Tensions rise between White House and energy secretary
The Trump administration’s reshaping of the US energy landscape appears to be going awry.
Grid bottlenecks ease, but challenges remain
Steve Smith, the chief strategy and regulation officer at the UK’s National Grid, spoke to Semafor about the challenges.
Brazilian oil giant Petrobras to drill in the Amazon
The move comes just weeks before Brazil hosts the COP30 climate summit in the Amazon.
Why speed is the best energy solution
When it comes to the future of energy, the best solution is the one that can get built most quickly, experts argued at Semafor’s World Economy Summit.
AI energy demand could soon ‘become a crisis,’ former Biden energy envoy warns
The US doesn’t have the capacity to meet the industry’s growing demands, Amos Hochstein said at Semafor’s World Economy Summit.
The US is paying the price for complacency with China. Time is running out.
Washington did not heed the lessons of an episode a generation ago. Now it’s paying the price.
Impossible Foods CEO says climate-based marketing a ‘mistake’
Introducing fake meat as a climate solution made the industry a political target, Impossible Foods CEO Peter McGuinness said.
Norway declares victory in move away from gas cars
Eighty-nine percent of all cars sold in the country last year were electric, and that figure has risen to more than 95%.