Search
Western Insurers Continue to Cover Russian Oil
Western insurers continue to cover Russian oil shipments, despite restrictions imposed by the G7 aimed at limiting Moscow’s revenues....
Western sanctions cut Russian oil exports by 10%.
Russian oil exports by non-G7 tankers fell by 10% in July as a result of Western sanctions, leading to a reduction in international deliveries....
Calls for transatlantic collaboration against China
The oversupply of Chinese industry poses a threat to the development of clean energy worldwide, said Janet Yellen, US Treasury Secretary, during a visit to Frankfurt. This topic wi...
Chinese overproduction: a threat to global green technologies
The overproduction of Chinese industry is jeopardizing the development of clean energy, says Janet Yellen ahead of the G7 Finance summit....
Expanding Energy Storage: Challenges and Solutions for 2030
In the face of the climate emergency, the G7 governments have made a bold commitment to increase global energy storage capacity sixfold by 2030. This development is crucial to supp...
G7 agreement to close coal-fired power plants by 2035
Meeting in Italy, the G7 countries announced the phasing out of coal-fired power plants without carbon capture by 2035, marking a major turning point in the fight against fossil fu...
G7: a call to expand nuclear power for the climate
At the G7 summit in Turin, a strategic agreement was reached to triple the world’s nuclear capacity by 2050 to combat global warming....
G7 close to agreement on phasing out coal-fired power plants by 2030
In Turin, the G7 countries are moving towards a historic agreement to close coal-fired power plants by the 2030s....
France pushes G7 to phase out coal by 2030
France hopes to rally the G7 countries to a firm commitment to abandon coal by 2030, despite the current difficult negotiations....
Drastic decline in Russian oil revenues due to sanctions
Russia is facing a drastic 32% drop in oil revenues by 2023, as a direct consequence of the price caps imposed by the G7, the EU and Australia....
G7 Reinforces Russian Oil Price Cap
The G7, under the Japanese presidency, is stepping up restrictions on Russian oil, aimed at limiting evasion and reinforcing the effectiveness of price caps....
G7: Controversial decision on gas investments
The G7 made a controversial decision to support gas investments, drawing criticism from environmental activists and fueling debate about its impact on global climate goals....
Russia’s oil price cap hit its targets, says U.S. Treasury report
The cap on Russian oil prices imposed by the EU, G7 and Australia has met its objectives, according to a US Treasury report. Russian oil exports increased in April 2023 compared to...
G7 Sapporo: France welcomes historic G7 commitments
G7 environment, climate and energy ministers met in Sapporo, Japan, to strengthen their coordination in addressing the triple global crisis of climate change, biodiversity loss and...
G7 maintains price cap on Russian oil
G7 maintains $60 price cap on Russian oil despite calls for a cut, but steps up monitoring and enforcement. The coalition believes that the price cap limits Russian revenues and ke...
Nuclear industry leaders sign declaration in Sapporo on clean energy
Leaders of nuclear energy associations are calling for a crucial role for nuclear power in the transition to a sustainable, clean energy future at the Nuclear Energy Forum in Sappo...
G7 recognizes a role for gas in the energy transition
Andrew Light emphasizes at the G7 Ministers’ meeting the importance of new gas investments and critical mineral security to reduce dependence on China. G7 leaders adopted an agreem...
The G7 wants to “accelerate” its exit from fossil fuels and stop its plastic pollution
The G7 countries are committed to accelerating their exit from fossil fuels without a specific deadline and aim to eliminate all new plastic pollution by 2040, but environmental NG...
G7 Climate Ministerial Meeting
The European Commissioners for Energy and Environment are attending the G7 Ministerial Meeting on Climate, Energy and Environment in Sapporo, Japan, where they will participate in ...
Japan calls for G7 cooperation on decarbonization
Japan seeks G7 support to accelerate decarbonization efforts at the upcoming Climate, Energy and Environment Ministers’ meeting. The country aims to ensure energy security and econ...