Crazy: We Near COP28 Pushing A Bigger Rock Up A Steeper Hill

As we approach COP28 we see the usual pick up in opinions, with multiple agencies and advisors wanting to be the most discussed view at the event.
There are bigger statements about what is needed, as little tangible progress has occurred in the last year – these run into much less friendly financing conditions.
“Who pays for it” is increasingly becoming the stumbling block. We see policy pullbacks and project postponements, although Europe presses ahead with RED III.
A “real world” view is that we must attack emissions with every tool available, and limiting the tools (as in Europe) will not end well and likely benefit China.
Otherwise (related), we make the case again for oxy-combustion and retake a look at lithium, falling wind and solar capacity factors, and ammonia/methanol.

See PDF below for all charts, tables and diagrams