Close Menu
    Facebook X (Twitter) Instagram
    TRENDING :
    • Neuroscience just discovered a weird way to tell when someone is really listening to you
    • Understanding Domestic Vs Global – The Perfect Storm
    • Windows, Mac, Android, or iPhone: Save this keyboard cheat sheet now
    • Don’t reply ‘STOP’ to unsolicited text messages. Do this instead
    • 5 quick ways to make your iPhone act more like it used to, before Apple’s iOS 26 update
    • Why everyone on TikTok is pretending to be an owl
    • The Trump administration has a new mascot: A literal hunk of coal
    • How the Australian Open became a tech incubator
    Compatriot Chronicle
    • Home
    • US Politics
    • World Politics
    • Economy
    • Business
    • Headline News
    Compatriot Chronicle
    Home»Business»Petro-states vs. electro-states: What to watch for the global energy transition in 2026
    Business

    Petro-states vs. electro-states: What to watch for the global energy transition in 2026

    January 10, 20267 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Two years ago, countries around the world set a goal of “transitioning away from fossil fuels in energy systems in a just, orderly and equitable manner.” The plan included tripling renewable energy capacity and doubling energy efficiency gains by 2030—important steps for slowing climate change since the energy sector makes up about 75% of the global carbon dioxide emissions that are heating up the planet.

    The world is making progress: More than 90% of new power capacity added in 2024 came from renewable energy sources, and 2025 saw similar growth.

    However, fossil fuel production is also still expanding. And the United States, the world’s leading producer of both oil and natural gas, is now aggressively pressuring countries to keep buying and burning fossil fuels.

    The energy transition was not meant to be a main topic when world leaders and negotiators met at the 2025 United Nations climate summit, COP30, in November in Belém, Brazil. But it took center stage from the start to the very end, bringing attention to the real-world geopolitical energy debate underway and the stakes at hand.

    Brazilian President Luiz Inácio Lula da Silva began the conference by calling for the creation of a formal road map, essentially a strategic process in which countries could participate to “overcome dependence on fossil fuels.” It would take the global decision to transition away from fossil fuels from words to action.

    More than 80 countries said they supported the idea, ranging from vulnerable small island nations like Vanuatu that are losing land and lives from sea level rise and more intense storms, to countries like Kenya that see business opportunities in clean energy, to Australia, a large fossil-fuel-producing country.

    Opposition, led by the Arab Group’s oil- and gas-producing countries, kept any mention of a “road map” energy transition plan out of the final agreement from the climate conference, but supporters are pushing ahead.

    I was in Belém for COP30, and I follow developments closely as a former special climate envoy and head of delegation for Germany and senior fellow at the Fletcher School at Tufts University. The fight over whether there should even be a road map shows how much countries that depend on fossil fuels are working to slow down the transition, and how others are positioning themselves to benefit from the growth of renewables. And it is a key area to watch in 2026.

    The battle between electro-states and petro-states

    Brazilian diplomat and COP30 President André Aranha Corrêa do Lago has committed to lead an effort in 2026 to create two road maps: one on halting and reversing deforestation and another on transitioning away from fossil fuels in energy systems in a just, orderly, and equitable manner.

    What those road maps will look like is still unclear. They are likely to be centered on a process for countries to discuss and debate how to reverse deforestation and phase out fossil fuels.

    Over the coming months, Corrêa plans to convene high-level meetings among global leaders, including fossil fuel producers and consumers, international organizations, industries, workers, scholars and advocacy groups.

    For the road map to both be accepted and be useful, the process will need to address the global market issues of supply and demand, as well as equity. For example, in some fossil fuel-producing countries, oil, gas or coal revenues are the main source of income. What can the road ahead look like for those countries that will need to diversify their economies?

    Nigeria is an interesting case study for weighing that question.

    Oil exports consistently provide the bulk of Nigeria’s revenue, accounting for around 80% to over 90% of total government revenue and foreign exchange earnings. At the same time, roughly 39% of Nigeria’s population has no access to electricity, which is the highest proportion of people without electricity of any nation. And Nigeria possesses abundant renewable energy resources across the country, which are largely untapped: solar, hydro, geothermal and wind, providing new opportunities.

    What a road map might look like

    In Belém, representatives talked about creating a road map that would be science-based and aligned with the Paris climate agreement, and would include various pathways to achieve a just transition for fossil-fuel-dependent regions.

    Some inspiration for helping fossil-fuel-producing countries transition to cleaner energy could come from Brazil and Norway.

    In Brazil, Lula asked his ministries to prepare guidelines for developing a road map for gradually reducing Brazil’s dependency on fossil fuels and find a way to financially support the changes.

    His decree specifically mentions creating an energy transition fund, which could be supported by government revenues from oil and gas exploration. While Brazil supports moving away from fossil fuels, it is also still a large oil producer and recently approved new exploratory drilling near the mouth of the Amazon River.

    https://datawrapper.dwcdn.net/ctvhR/1

    Norway, a major oil and gas producer, is establishing a formal transition commission to study and plan its economy’s shift away from fossil fuels, particularly focusing on how the workforce and the natural resources of Norway can be used more effectively to create new and different jobs.

    Both countries are just getting started, but their work could help point the way for other countries and inform a global road map process.

    The European Union has implemented a series of policies and laws aimed at reducing fossil fuel demand. It has a target for 42.5% of its energy to come from renewable sources by 2030. And its EU Emissions Trading System, which steadily reduces the emissions that companies can emit, will soon be expanded to cover housing and transportation. The Emissions Trading System already includes power generation, energy-intensive industry, and civil aviation.

    https://datawrapper.dwcdn.net/PeAlZ/1

    Fossil fuel and renewable energy growth ahead

    In the U.S., the Trump administration has made clear through its policymaking and diplomacy that it is pursuing the opposite approach: to keep fossil fuels as the main energy source for decades to come.

    The International Energy Agency still expects to see renewable energy grow faster than any other major energy source in all scenarios going forward, as renewable energy’s lower costs make it an attractive option in many countries. Globally, the agency expects investment in renewable energy in 2025 to be twice that of fossil fuels.

    At the same time, however, fossil fuel investments are also rising with fast-growing energy demand.

    The IEA’s World Energy Outlook described a surge in new funding for liquefied natural gas, or LNG, projects in 2025. It now expects a 50% increase in global LNG supply by 2030, about half of that from the U.S. However, the World Energy Outlook notes that “questions still linger about where all the new LNG will go” once it’s produced.

    What to watch for

    The Belém road map dialogue and how it balances countries’ needs will reflect on the world’s ability to handle climate change.

    Corrêa plans to report on its progress at the next annual U.N. climate conference, COP31, in late 2026. The conference will be hosted by Turkey, but Australia, which supported the call for a road map, will be leading the negotiations.

    With more time to discuss and prepare, COP31 may just bring a transition away from fossil fuels back into the global negotiations.

    Jennifer Morgan is a senior fellow at the Center for International Environment and Resource Policy and Climate Policy Lab at Tufts University.

    This article is republished from The Conversation under a Creative Commons license. Read the original article.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Neuroscience just discovered a weird way to tell when someone is really listening to you

    January 24, 2026

    Windows, Mac, Android, or iPhone: Save this keyboard cheat sheet now

    January 24, 2026

    Don’t reply ‘STOP’ to unsolicited text messages. Do this instead

    January 24, 2026
    Top News

    The EU Is Out Of Control

    By Staff WriterDecember 21, 2025

    European leaders were forced back down on stealing the Russian assets, and have agreed to…

    Are you ready for the first ‘Cyborg Monday’?

    October 1, 2025

    Cheap Team Building Ideas to Boost Collaboration

    December 8, 2025

    Socialism Contradicts Freedom Of Religion – Why Amish Do Not Pay Social Security Taxes

    December 28, 2025
    Top Trending

    Neuroscience just discovered a weird way to tell when someone is really listening to you

    By Staff WriterJanuary 24, 2026

    Is there an easy way to tell when someone is really listening to what…

    Understanding Domestic Vs Global – The Perfect Storm

    By Staff WriterJanuary 24, 2026

      COMMENT: Marty, you are not the only one who can’t beat…

    Windows, Mac, Android, or iPhone: Save this keyboard cheat sheet now

    By Staff WriterJanuary 24, 2026

    If you’re an old-school writer like me, usually the words alone are…

    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    About us

    The Populist Bulletin serves as a beacon for the populist movement, which champions the interests of ordinary citizens over the agendas of the powerful and entrenched elitists. Rooted in the belief that the voices of everyday workers, families, and communities are often drowned out by powerful people and institutions, it delivers straightforward, unfiltered, compelling, relatable stories that resonate with the values of the American public.

    The Populist Bulletin was founded with a fervent commitment to inform, inspire, empower and spark meaningful conversations about the economy, business, politics, inequality, government accountability and overreach, globalization, and the preservation of American cultural heritage.

    The site offers a dynamic mix of investigative journalism, opinion editorials, and viral content that amplify populist sentiments and deliver stories that echo the concerns of everyday Americans while boldly challenging mainstream narratives that serve the privileged few.

    Top Picks

    Neuroscience just discovered a weird way to tell when someone is really listening to you

    January 24, 2026

    Understanding Domestic Vs Global – The Perfect Storm

    January 24, 2026

    Windows, Mac, Android, or iPhone: Save this keyboard cheat sheet now

    January 24, 2026
    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    Copyright © 2025 Populist Bulletin. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.