Egypt's energy policy is helping to change the terms of the global debate on climate change by demonstrating that there is a basic compatibility between developing domestic natural gas resources and developing renewable energy sources. Disproving the dogma that natural gas and renewables are in a zero-sum competition, Egypt is advancing as a leader in renewable energy development while also increasing its offshore natural gas production capacity. Finding a synergy between natural gas development and green energy transition, Egypt will likely use its position as host of the 2022 U.N. Climate Change Conference (COP27) this November in Sharm el-Sheikh to give greater voice to those nations, particularly key nations in Africa, that seek a larger role for natural gas in the energy transition process. In this manner, Egypt will play an important leadership role in brokering a reconciliation between Africa and Europe, which until very recently has discouraged investment in natural gas development.
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