5 spunti per approfondire (43/2023)

La rubrica settimanale con i consigli di lettura di RivistaEnergia.it, dall’Europa e dal mondo. Forse non le notizie più eclatanti, ma proprio per questo interessanti da approfondire. Settimana 43/2023

“Global efforts to address climate change are already clouded by bitterness and distrust among countries of the world. Now a widening gyre of conflict in the Middle East threatens to fracture an already divided world, raise oil and gas prices at a time of persistently high global inflation and direct financial resources to the business of fighting wars instead of the business of slowing down climate change. That the fighting between Israel and Hamas is in the middle of an energy-rich region amplifies the risk. It tempts countries to secure their supplies of oil and gas rather than transitioning away from them, even after the hottest summer on record”

How the Israel-Hamas War Imperils Action Against Global Warming
Articolo – The New York Times

“In an interview with Bloomberg Green in Madrid, Ribera said the bloc will once again push for countries to do more to cut greenhouse gas emissions and phase out all fossil fuels at this year’s summit. That language was dropped in the final agreement at COP27 in Sharm el-Sheikh last year in order for countries to reach a historical deal to develop a fund that compensates poor countries for losses and damages caused by climate change. “Last year was a year of paralysis in terms of emissions commitments, and all efforts were focused on mechanisms that covered losses and damages,” Ribera said. “It was last year’s great frustration — the need for money is infinite but, if we don’t act on the cause that generates that need for money, it will remain immense.””

EU to Fight ‘Paralysis’ on Emissions at COP28, Spain’s Ribera Says
Articolo – Bloomberg

“The African upstream oil and gas sector is in the middle of an US$800 billion capital expenditure (capex) programme that will see liquified natural gas (LNG) emerge as a major investment theme alongside traditional deepwater oil according to Ian Thom, Upstream Research Director at Wood Mackenzie. Speaking at the African Energy Week event in Cape Town, Thom told delegates that the 20-year investment cycle that started in 2010 would culminate at the end of the decade with world-scale LNG projects in Mozambique and floating LNG (FLNG) across five countries. Africa is already a leader in floating LNG with over 50% of global capacity, and scope for more projects to emerge.”

Africa’s $800bn upstream investment cycle underlines the central role of oil and gas in the continent’s energy future
Articolo – Wood Mackenzie

“The Kazakhstan-backed Eurasian Resources Group (ERG) recently announced it will invest U.S. $800 million to revive its idle Comide copper and cobalt mine in the DRC. While the announcement itself certainly qualifies as news, the move has not come as a surprise. Indeed, the Congo makes up for about 70% of the world’s total cobalt production and is number three in copper production. These facts alone make the country an attractive destination for mineral and metal companies. ERG’s announcement dovetails with its stated objective to tap into the increasing demand for green-energy minerals. Still, the current cobalt price may not inspire much investor confidence these days, it having hit a four-year low this May. However, ERG holds an optimistic outlook on the long-term potential of the cobalt market, as the metal remains a critical component in electric vehicle batteries. Current plans are for the Comide plant to ramp up production to around 14,000 tons of cobalt a year.”

Kazakhstan-Backed ERG Injects $800 Million to Revive Congo’s Cobalt and Copper Mine
Articolo – Metal Miner

“While the EU’s and China’s stance towards the architecture of the climate regime and their preferences concerning global justice thus might differ, in the context of the negotiations towards the 2015 Paris Agreement and its aftermath—and further pushed by the absence of the USA from the climate regime during the Trump administration—they have also changed and laid new ground for cooperation. As a consequence, China and the EU have increasingly worked together when it comes to further developing the international regime (Scott 2009; Carrapatoso 2011; Christiansen et al. 2019), while domestically, the European Green Deal and China’s Ecological Civilisation concept have opened new avenues for more progressive climate policies. What are the justice implications of these new climate policies and the EU’s and China’s engagement in the global climate regime? How do they compare? Where do we find fields of cooperation and contestation? The contributions to this special issue tackle these questions from various theoretical angles, picking up different policy aspects, and raising important points of criticism concerning the two actors and the existing literature.”

The EU and China in the climate regime: exploring different pathways towards climate justice
Ricerca – Asia-Europe Journal

della stessa rubrica

5 spunti per approfondire (42/2023), 20 ottobre
5 spunti per approfondire (41/2023), 13 ottobre
5 spunti per approfondire (40/2023), 6 ottobre