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The chemicals industry accounts for 4% to 6% of global greenhouse gas emissions, a level comparable to the steel industry. While chemicals are essential for 96% of manufactured goods and over 75% of emission reduction technologies, their production relies heavily on fossil fuel feedstocks and energy-intensive processes. RMI advocates for a systems approach to decarbonization focusing on reducing petrochemical demand through circular economy principles, improving process and energy efficiency via renewables and hydrogen, and transitioning to defossilized feedstocks to avoid over-reliance on carbon capture and storage (CCS).

China has positioned itself as a leader in green technology transfer to the Global South, utilizing the Belt and Road Initiative and the South–South Climate Cooperation Fund to deploy renewable energy, green agriculture, and electric vehicle technologies. While achieving significant scale—including exporting photovoltaic modules to over 100 countries—the brief identifies critical challenges: a gap between environmental commitments and actual impacts, deficiencies in ESG disclosure, geopolitical tensions, and limited local operational capacity. To improve sustainability, the document recommends enhancing transparency, aligning with global ESG standards, and fostering locally led innovation ecosystems through active partner ownership and capacity building.

The document highlights the increasing frequency of record-breaking global temperatures and extreme weather events, urging a shift toward scalable renewable energy, science-based net zero targets for subnational entities, and the fulfillment of climate finance commitments for developing countries.

The report addresses the barrier of limited grid capacity in Europe's energy transition, proposing the use of hosting capacity maps to help developers of renewables, electrolysers, and data centres select optimal connection locations. It notes that while EU legislation now mandates these maps for TSOs and DSOs, there is a lack of specificity in their design. The authors provide a framework for an "ideal" map, recommending substation-level granularity, open-source data access, and the inclusion of planned grid investments to improve network efficiency and investment speed.

The briefing establishes that fossil fuels are responsible for approximately 70% of carbon dioxide emissions since the industrial revolution, with a small number of companies contributing a disproportionate share. It highlights the role of attribution science in linking specific extreme weather events to climate change and details the growing trend of using the 'polluter pays' principle in litigation and legislation to hold these companies financially accountable. The document further argues that to meet the 1.5C target, global fossil fuel production must decrease significantly by 2030, supported by a transition to renewable energy and electric vehicles.

The Gavin Coal Plant, owned by Lightstone Generation (a Blackstone and ArcLight Capital Partners joint venture), faces significant financial instability due to declining revenues in the PJM Interconnection market and high debt burdens. The plant is also subject to substantial EPA-mandated cleanup costs for coal ash contamination following a June 2024 court ruling. With the broader U.S. coal industry in decline and institutional investors divesting from thermal coal, the report urges pension funds to pressure owners to retire the plant responsibly to avoid the community and financial losses seen in other coal plant closures.

The document examines how fossil fuel price volatility contributes to inflation in Canada, noting that energy prices accounted for 33% of overall inflation between February 2021 and June 2022. It argues that transitioning to net-zero electricity grids by 2050 could save Canada up to CAD 15 billion annually in total energy costs. The brief suggests that policies such as carbon pricing and incentives for heat pumps and electric vehicles can improve affordability by reducing reliance on volatile global oil and gas markets.

The EU Emissions Trading System (EU ETS) requires companies in power, heavy industry, aviation, and shipping to purchase emission allowances via auctions, with revenues distributed to 30 covered countries. While the 2023 reform mandates that revenues be spent on climate-related activities, historical data from 2013-2021 shows €25 billion was not spent on climate action and €12 billion went to projects that were not climate-sensible or could have increased emissions. The system utilizes a mix of auctioning and free allocations to prevent carbon leakage, though free allocations for aviation will end in 2026 and for heavy industry by 2034. Key funding mechanisms supported by these revenues include the Innovation Fund, expected to raise over €57 billion by 2030, and the Modernisation Fund, expected to invest €69.5 billion in 13 lower-income member states between 2021 and 2030.

The document argues that the Labour victory provides a mandate for ambitious climate action, including net zero electricity within five years. It suggests that public appetite for climate action remains strong and that the new Parliament is the most pro-environment in history, though it emphasizes that successful delivery of renewables and home insulation will require deep public engagement.

The document introduces performance-based regulation (PBR) as a modern alternative to early 20th-century utility regulatory frameworks, which are currently challenged by the rise of renewable energy, distributed energy resources, and electrification. PBR is presented as a mechanism to align utility incentives with policy outcomes such as reduced emissions and improved social equity.

The document outlines the transformation of China's power sector through the lens of its second round of power market reforms initiated in 2015. It highlights the development of a market-oriented system involving pricing reforms and new mechanisms for transmission, distribution, and spot markets to support clean energy goals.

The report argues that credible transition plans are essential to mitigate 'greenwashing' risks and attract diverse financing for the power sector's decarbonization. It highlights the prevalence of Sustainability-Linked Bonds (SLBs) in the power industry and provides a framework for developing transition plans and selecting appropriate financial instruments.

The report argues that for China's power sector to meet its 2030 peak emissions and 2060 carbon neutrality targets, electrical utilities must develop credible, science-based transition plans. These plans serve as the foundation for transition finance instruments, such as Use of Proceeds (UoP) bonds and sustainability-linked bonds (SLBs). While China is a major global issuer of SLBs, the report notes a lack of alignment with rigorous standards, as many domestic issuers focus on renewable energy capacity rather than comprehensive greenhouse gas (GHG) emission reduction targets. The document provides a framework for utilities to develop transition plans and select appropriate financial tools to support low-carbon development, including the retirement of coal assets and grid optimisation.

The report forecasts that Africa will create between 1.5 and 3.3 million new direct green jobs by 2030 across 12 material value chains. The energy and power sector is the primary driver, with solar energy alone projected to generate up to 1.7 million jobs. The analysis highlights a significant need for both unskilled labor (40% of total) and specialized skills (30%), particularly in solar, climate-smart agriculture, and waste recycling. Five focus countries—South Africa, Kenya, Nigeria, Ethiopia, and the DRC—are expected to contribute up to 720,000 of these jobs, with South Africa, Kenya, and Nigeria showing the highest potential. The report emphasizes that while long-term estimates suggest up to 100 million green jobs by 2050, immediate investment in human capital and vocational training is required to realize this growth.

The report analyzes how border carbon adjustments (BCAs), such as the EU's Carbon Border Adjustment Mechanism (CBAM), affect Trinidad and Tobago's hydrocarbon-dependent economy. It identifies significant risks to the competitiveness of key exports like ammonia and fertilizers, while highlighting opportunities for the country to accelerate its transition to a green hydrogen economy and implement domestic carbon pricing.

The document argues that the OECD's Pillar Two GloBE rules undermine the effectiveness of traditional SEZ fiscal incentives, such as corporate income tax exemptions, by requiring a minimum effective tax rate (ETR) of 15%. It suggests that countries should shift from profit-based incentives to cost-based incentives and non-fiscal improvements to maintain competitiveness without sacrificing tax revenue. The brief also warns of legal risks associated with reforming these incentives due to investor-state dispute settlement (ISDS) mechanisms and bilateral investment treaties.

The document argues that the Global Minimum Tax (GMT) reduces the effectiveness of traditional corporate tax incentives in SEZs, such as tax holidays and reduced rates, for large multinational enterprises. It suggests that countries should shift from profit-based tax competition toward improving the overall investment environment and utilizing non-fiscal incentives. The brief also warns of legal risks associated with reforming these incentives, specifically regarding investor-state dispute settlements (ISDS) and stabilization clauses, while recommending that SEZs be leveraged to support the energy transition and renewable energy investment.

The document analyzes how the OECD's Pillar Two GloBE rules, which mandate a 15% minimum effective tax rate for large multinationals, undermine traditional SEZ tax incentives like corporate income tax exemptions. It argues that such incentives are often ineffective for long-term competitiveness and recommends that countries shift toward non-fiscal incentives, cost-based incentives, and sustainable energy investments to avoid revenue loss to other jurisdictions.

The document examines how fossil fuel price volatility contributes to overall inflation in Canada, noting that energy prices accounted for 33% of Canada's overall inflation from February 2021 to June 2022. It argues that transitioning to a net-zero electricity grid by 2050 could save Canadian households an average of CAD 1,500 annually and reduce total energy costs by CAD 15 billion per year. The brief highlights the 'spillover effect' where energy price hikes increase costs for non-energy items, such as food, and can lead to central bank interest rate hikes that further squeeze affordability. It recommends policies that encourage fuel switching to electric vehicles and heat pumps, as well as investments in renewable energy infrastructure to ensure long-term price stability.

The report finds that the DMRE has exhibited significant reluctance to lead South Africa's just energy transition (JET), often viewing it as a 'western imposition'. This resistance is rooted in the historical minerals-energy complex (MEC) and a desire to protect vested interests in the coal sector and black industrialist projects. The document highlights a lack of policy articulation, poor stakeholder engagement, and internal organizational incoherence caused by repeated mergers and splits. It recommends that the successor departments—Mineral and Petroleum Resources, and Electricity and Energy—improve transparency, update the Integrated Resource Plan (IRP) regularly, and align the transition with the post-apartheid racial transformation agenda.