Bloomberg Last year was a double milestone for decarbonising the world’s energy system. It was the first year when investment in the energy transition equalled global investment in fossil fuels, according to the latest data release from clean energy research group BloombergNEF. The money flowing into the upstream, midstream and downstream segments of oil and gas, and into fossil fuel-fired ...

Bloomberg A landmark $20 billion deal to help fund Indonesia’s transition away from coal isn’t enough to put the country on track to meet global climate goals, according to energy think tank Ember. The Just Energy Transition Partnership (JETP) brokered last year between Indonesia, the US and Japan caps the archipelago’s power sector emissions at 290 million tons by 2030 ...

  Bloomberg US natural gas futures extended declines below $3 amid mild winter weather that’s helped spark the worst selloff among country’s commodities. Gas for February delivery traded as low as $2.857 per million British thermal units on the New York Mercantile Exchange. Prices are at lowest levels since May 2021 after dipping below $3. Doomsday fears that suppliers wouldn’t ...