Understanding the investment appeal of the energy addition

COP30, the latest annual summit for the United Nations Framework Convention on Climate Change (UNFCCC), took place in Belém, Brazil, last November.  Most of the stories that emerged from the event were, in many ways, wearily familiar.  On the one hand, there was the usual message that efforts to protect our planet and its inhabitants from the worst ravages of global warming aren't proceeding quickly enough. In the words of Brazil's president, Luiz Inácio Lula da Silva: "Climate change is not a threat to the future – it is a tragedy of the present."  On the other hand, there were th...