AGP Executive Report
Last update: 10 hours agoEmissions: Global fossil-fuel CO₂ emissions are projected to fall 0.4% in 2026, helped by renewables and the Iran-related energy shock. But total CO₂, including land-use change, is still expected to rise. Europe: EU greenhouse gas emissions fell 1.6% in 2025, reaching 39% below 1990 levels, though the bloc needs faster cuts to meet its 2030 target. COP31: Türkiye is seeking a pledge to electrify 35% of the global economy by 2035. Advocates warn electrification will not cut emissions unless power grids get cleaner. US Permitting: The Senate advanced a bipartisan bill to speed energy-project approvals, drawing support from solar and storage companies but criticism over weaker environmental safeguards. Investment: The IEA forecasts 4,800 GW of new renewable capacity by 2031, while European lenders backed Egyptian wind farms expected to power 1.2 million homes.
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