PE Live: European majors pin hopes on Cop26
Global leaders must come together and agree to a carbon price, transparent reporting and other measures if the Paris targets are to be met
Pressure is building on national leaders to reach agreement on concrete measures to underpin the energy transition at the UN Cop26 meeting next year, a panel of experts agreed on a PE Live webcast last week. Cop26, delayed due to the pandemic, will take place in Glasgow in less than a year. While targets have been set at previous meetings, notably the Paris Agreement at Cop21, an international framework to facilitate decarbonisation remains incomplete. Geoff Tuff, principal, Deloitte US, says the convening power of Cop “is more important than anything” in bringing nations to the negotiating table, including the US following the recent presidential election. He would also like to see “real t
Also in this section
22 July 2025
Sinopec hosts launch of global sharing platform as Beijing looks to draw on international investors and expertise
22 July 2025
Africa’s most populous nation puts cap-and-trade and voluntary markets at the centre of its emerging strategy to achieve net zero by 2060
17 July 2025
Oil and gas companies will face penalties if they fail to reach the EU’s binding CO₂ injection targets for 2030, but they could also risk building underused and unprofitable CCS infrastructure
9 July 2025
Latin American country plans a cap-and-trade system and supports the scale-up of CCS as it prepares to host COP30
