COP29 finance challenges, crude oil sector decarbonisation, how Trump's government will reshape the global electric vehicle supply chain, and more.

COP29 faces climate finance challenge

The climate talks began on Monday with climate finance at the top of the agenda. A meaningful deal would show the international effort to tackle climate change is still alive. Failure could further delay the transition to low-carbon energy.

Ed Crooks gives his view in the latest Energy Pulse here.

The Energy Gang at COP29

Our podcast, The Energy Gang, has been recording a series of special episodes live from COP29 in Baku this week. Guests so far have included:

• Wade Crowfoot , California's Secretary for Natural Resources
• Travis Kellerman , Senior Climate Policy Advisor to New Mexico's Governor
• Jessika Trancik , a professor at the Institute for Data, Systems and Society at MIT
• Harry Boyd-Carpenter , Managing Director for Climate Strategy and Delivery at the European Bank for Reconstruction and Development
• Avinash Persaud , Special Advisor on Climate Change at the Inter-American Development Bank
• Champa Patel , Director for Governments and Policy at the Climate Group

To listen to the latest special episodes, subscribe to The Energy Gang on Spotify or Apple podcasts, or listen on our website.

Is the crude oil refining sector delivering on decarbonisation?

The refining industry ranks as the third largest contributor to global greenhouse gas (GHG) emissions from stationary sources, placing it at the centre of the energy transition and net zero efforts.

The industry has embraced a diversified investment approach to achieve net zero emissions. However, they face ongoing challenges, such as technology readiness, economic feasibility, and policy uncertainty.?

Learn more in our recent insight: Refiners’ Emissions Performance.

Copper rush: A strategic analysis

Power demand is set to double through 2050. This will happen amid a shift away from fossil fuels and thermal generation capacity and a move towards more renewable power. Much of that renewable power generation is copper-intensive ? indeed, electrification cannot happen without it.

Our Corporate Strategy & Analytics team recently held a webinar exploring how valuations, carbon footprints, and balance-sheet health will shape the merger and acquisition strategies and corporate plans of both diversified miners and pure-play copper companies.

Read a summary of topics covered or get the full webinar here.

How will the new US Republican government reshape the global electric vehicle supply chain?

A new Republican administration signals sweeping policy changes, from emissions standards and EV subsidies to battery tariffs and import rules. How could these shifts disrupt commodity supply chains, alter EV adoption rates and redefine opportunities for automakers and battery producers worldwide?

From revised emission standards to renegotiated trade agreements, the effects will reverberate across the global EV and battery supply chains. Read our full report on the expected impacts here.