The Netherlands won’t be building as many wind turbines in the North Sea as it had first planned. New Zealand has started issuing licences for developing new offshore gas fields again. Even Canada, under one of the champions of the green energy transition Mark Carney, has upped the production of fossil fuels.
Right across the developed world, with the one significant exception of China, governments are scaling back their green targets, recognising that they are too expensive, too poorly planned and won’t deliver the power needed at the right price to keep a modern economy functioning. https://www.telegraph.co.uk/business/2025/07/20/everyone-else-is-scaling-back-green-targets-why-cant-we/?fbclid=IwY2xjawLrgq9leHRuA2FlbQIxMQABHil2tQji5sEaa49R6M_IMQyRGGDQHERrKRj7-EKvdQXXkxTSV3kbHQXiSk2E_aem_5DewOko3n0UsPKWI1ulnaA
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