China unveils 15th Five-Year Plan to accelerate high-tech industrial growth
China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country&rs...
It is a fascinating realization that every concept can be spun to make it sound more appealing.
During COP29, Bloomberg published an article containing the thoughts of the White House Climate Advisor Ali Zaidi, who argued that “oil boom aids energy transition.”
“That is a facilitator of decarbonization, not something that slows it down,” Zaidi said.
According to Mr.Zaidi, increasing oil production in the US helped maintain market stability and avoid “shocks and upward price pressure.” However, justifying that position is incredibly challenging, particularly considering the ongoing climate summit in Baku.
Whether we like it or not, it is necessary to accept that traditional energy sources will remain relevant for the foreseeable future. However, it is also important to realize that climate change is also real, and the impact of those changes will be dramatic, to put it mildly. Energy transition is one of the most credible mechanisms for avoiding dire outcomes.
The White House official's policy approach points to a degree of dependence on oil revenues. It is also possible to argue that the US has the potential to increase oil production using energy prices as a tool of coercion in international affairs.
The statement of the Mr. Zaidi clearly illustrates the contradictory nature of political discourse on climate. The approach of the White House official in this situation is an attempt to justify increasing revenues during an election year to pull more voters and achieve political objectives.
The Kremlin is utilising the recent United States and Israeli military strikes on Iran to validate its ongoing war in Ukraine. Russian officials are pointing to the escalation in the Middle East as evidence that Western nations do not adhere to international rules.
Saudi Arabia’s state oil giant Saudi Aramco closed its Ras Tanura refinery on Monday following an Iranian drone strike, an industry source told Reuters as Tehran retaliated across the Gulf after a U.S.-Israeli attack on Iranian targets over the weekend.
The Middle East crisis intensifies after the deadly attack on the compound of the Supreme Leader of Iran Ali Khamenei on Saturday that killed him, other family members and senior figures. Iran has launched retaliatory strikes on U.S. targets in the region.
U.S. President Donald Trump said the U.S. military has enough stockpiled weapons to fight wars 'forever' in a social media post late on Monday. The remarks came hours before conflict in Iran and the Middle East entered its fourth day.
Türkiye raised its security level for Turkish-flagged vessels in the Strait of Hormuz to Level 3 on Sunday (2 March). The development follows Iranian restrictions on shipping after U.S. and Israeli strikes and confirmation of Supreme Leader Ali Khamenei’s death.
The death toll from heavy rains and flooding in Brazil’s Minas Gerais state has risen to 46, authorities said, with 21 people still reported missing. The storms triggered landslides and widespread flooding, displacing thousands across Juiz de Fora and Uba.
The administration of U.S. President Donald Trump on Thursday (12 February) announced the repeal of a scientific finding that greenhouse gas emissions endanger human health, and eliminated federal tailpipe emissions standards for cars and trucks.
Tropical Cyclone Gezani has killed at least 31 people and left four others missing after tearing through eastern Madagascar, the government said on Wednesday, with the island nation’s second-largest city bearing the brunt of the destruction.
Rivers and reservoirs across Spain and Portugal were on the verge of overflowing on Wednesday as a new weather front pounded the Iberian peninsula, compounding damage from last week's Storm Kristin.
Morocco has evacuated more than 100,000 people from four provinces after heavy rainfall triggered flash floods across several northern regions, the Interior Ministry said on Wednesday.
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