Letter on Transition: Energy’s climate question faces crucial test
There is a growing feeling that it will not take much for heavy international hitters to follow the US out of the Paris Agreement
The world appears to be reaching a tipping point on the issue that has dominated the global energy debate for the past decade—the future role of fossil fuels in an era of climate change and global warming. How this contentious matter plays out in the next 12 months will likely determine the direction of the energy transition. At the moment, the tide is turning against the environmentalist lobby that has had it pretty much its own way for the past ten years, since the 2015 UN Climate Change Conference in France that resulted in the Paris Agreement. It is fair to say that no other issue in the global energy industry is as divisive, with dug-in positions on either side reinforced by quasi-ideol
Also in this section
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny






