Survey MondayDecades into talking about climate change, will the world eventually agree to an energy transition model? Fueling the futureDelegates from most of the world's largest economies met in Goa, India, over the weekend to discuss the energy transition as extreme heat takes hold in many areas across the globe. The G20 Energy Transitions Working Group Meeting was intended to set tone and strategy, and while there were some points of agreement, the summit ended without any consensus on phasing out fossil fuels. Investors in energy and renewables are especially taking note ahead of a gathering of G20 leaders in September and the COP28 forum in December. To note, G20 countries account for more than three-quarters of global emissions and world's gross domestic product.

Source: Los Angeles Times July 24, 2023 19:47 UTC