With just a few days until world leaders and policy makers meet in Egypt for COP27, two returning Energy Gang members join host Ed Crooks to discuss what is expected from the latest round of international climate talks.
As the UN warns that there is “no credible pathway” in place to limit global warming to 1.5 °C, arguments about climate justice are rising up the agenda for international negotiations. Amy Duffuor of Azolla Ventures, and Shanu Mathew of Lazard Asset Management, kick off the discussion by explaining the idea of climate justice, and then go on to explore what it means for the future of energy. Although it might seem like quite an abstract concept, considerations of climate justice can in fact have direct practical significance for decisions by businesses, investors, governments and NGOs. The gang discusses some of those implications, and looks at how they could shape the effort to tackle climate change in the future.
Next, we shift our focus to the shipping industry, a large and growing contributor to global warming. Marine fuel represents about 6 percent of the world’s oil demand, and that number continues to rise. The gang discusses the pros and cons of some of the main options proposed for decarbonizing ships, including low-carbon ammonia, methanol and hydrogen.
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