NATO which is the world’s largest military alliance has decided to integrated climate change into it's statement of purpose and addressed the security risks of its military's fossil-fuel dependency. NATO leaders met for 3 days in Madrid to discuss path-ahead, amidst Russia's invasion of Ukraine.
IEA new report found that China manufactures & supplies more than 80% of the globe’s PV panels. Cautioning the monopolisation of the supply chain by any one player, the report asks world govts to explore solutions (in funds, taxes, subsidises) to develop domestic PV supply-chains.
On the Sydney Energy Forum, India’s Power and Renewable Energy Minister acknowledged that "renewables paired with energy storage is now cheaper than coal, after the coal's price surged in recent months", and further spoke about the declining investment in new fossil-led-energy production.