Europe is scrambling for 'natural gas' to power its heating requirements for the upcoming winter, as it fears disruptions in gas supply from Russia, post the Ukraine war stand-off. EU countries are considering re-opening up of their coal power plants temporarily (which will increase its emission profile), while looking for more permanent alternate clean energy solutions, such as solar, wind and nuclear.
China’s (which is the world’s largest emitter of carbon dioxide) decarbonisation drive seems to have hit a roadblock, following the country’s bruising coronavirus lockdowns. It's aspired delicate balance between energy security, economic growth and climate action is increasingly tipping in favour of fossil fuel-powered infrastructure stimulus.
In order to prepare for the next COP27, delegates from more than 100 Parties to the Paris Agreement gathered in Bonn, Germany. They agreed to create a work plan to accelerate emission reductions in the crucial decade leading up to 2030 with the goal of limiting the increase in the global average temperature to less than 1.5°C.