Today’s Key Takeaway: “As it stands, the World Bank’s climate portfolio does not target resources to ensure that mitigation financing is going where potential gains in emissions reduction are greatest. In turn, the portfolio fails to target adaption financing where the needs are greatest.” What Counts as Climate?The Breakthrough Institute, June 14, 2023 Preliminary Evidence from the World Bank’s Climate … read more

Today’s Key Takeaways:  Saudis dominate in largest-ever carbon credit auction.  Economic case for lowering cap on Russian oil   TotalEnergies makes big investments in U.S. LNG.  Visualizing world’s largest lithium producers.   Fast pace for Biden administration on energy and climate rules.  NEWS OF THE DAY: Saudi Aramco Buys Carbon Credits At Largest-Ever AuctionTsvetana Paraskova, OilPrice.Com, June 15, 2023 Aramco and 15 … read more

Today’s Key Takeaways: Senate Republicans oppose Nuclear Regulatory Commission re-appointment for Baran. Competing views on peak oil demand. House votes to stop gas stove bans. Australian billionaire says, “Musk is a Muppet.”  An act of congress to elevate copper to critical mineral status. NEWS OF THE DAY: Ranking Member Capito: Five More Years of NRC Commissioner Baran Would Impede America’s … read more