EU leaders agreed last week that the EU’s emissions reduction target for 2030 will be “fully in line with the agreed ambitious EU objective for 2050”. Sounds impressive, but the problem is that there are different views on the meaning of earlier European Council agreements. Therefore it’s still not clear what the EU’s 2030 climate target will look like, write Oliver Geden and Severin Fischer of the influential German Institute for International … [Read more...]
Pursuit of phony energy “security” leads to world of diminishing returns
Policymakers in the US, UK and elsewhere are increasingly receptive to the idea that they should be pursuing unconventional oil and gas and nuclear power in the name of "energy security". But according to John Mathews and Erik Reinert, such a strategy misses an essential point of economic history: relying on commodities retrieved by drilling and mining leads only to stagnation, rising costs and environmental damage. The way to growth, innovation … [Read more...]
Energy innovation is key to EU 2030 goals
A narrative centred on the opportunities of low-carbon innovation rather than the costs of tackling climate change could yet unite stakeholders in the debate over a 2030 EU climate and energy policy. Technological and non-technological innovation are needed for Europe to create a competitive, secure, low-carbon future. At its first event in Brussels, held in partnership with Shell, Energy Post explored what kind of a 2030 package would do most … [Read more...]
Why there’s nothing wrong with being “dependent” on Russia
In response to the Ukraine crisis, the European Union is rushing ahead with sanctions against Russia and will take extra measures to reduce its energy dependence on Russia. According to Energy Post editor Karel Beckman these policies are misguided and based on spurious arguments. He argues that Europe should see Russia as a rival, not as an enemy. “Putin only did what any western leader – certainly any US president – would have done in his … [Read more...]
Interview Dominique Ristori, EU Commission: “EU’s governance on renewables won’t be punitive”
The new Director General for energy at the European Commission, Dominique Ristori, faces the difficult task of “selling” EU leaders his proposals on a climate and energy strategy for 2030. Initially foreseen at the European Council on 20 and 21 March, a decision has been postponed to October. In this interview with Energy Post Brussels correspondent Hughes Belin, Ristori outlines member states' first reactions to the Commission's 2030 proposals, … [Read more...]
Interview Arthur Berman: “Shale is not a revolution, it’s a retirement party”
How much faith can we put in our ability to decipher all the numbers out there telling us the US will soon be cornering the global oil market? There's another side to the story of the relentless US shale boom, one that says that some of the numbers are misunderstood, while others are simply preposterous. According to energy expert Arthur Berman, a geological consultant with thirty-four years of experience in petroleum exploration and production, … [Read more...]
The EU 2030 climate package: crucial questions go unanswered
Although most observers have reacted positively to the Commission’s January 2014 package of proposals on 2030 climate targets, from a business perspective, there are too many areas where delays are threatening, writes Jesse Scott, Head of the Environment and Sustainable Development Policy Unit of Eurelectric, the European association of electricity producers. ”Many crucial questions have not yet been answered”, notes Scott – most of all when it … [Read more...]
Explosive report from France: shale revolution overblown
In an explosive new report, researchers from the influential French think thank IDDRI take apart many of the myths that in their view have developed around the unconventional gas and oil “revolution” in the US. Shale has not led to an industrial renaissance in the US, they write, nor will it make the US “energy independent”. Shale gas has not even contributed significantly to lower CO2 emissions in the US. For Europe, says lead author Thomas … [Read more...]
Energiewende under siege: German energy strategy under threat from EU “paradigm shift”
The German Energiewende is running up against a “paradigm shift” in EU energy policy, which seems on the point of slowing down the transformation towards a low-carbon economy.. As Germany cannot afford to continue with the Energiewende on its own, the German government will have to do its utmost to bend EU energy policy in its direction, write Oliver Geden and Severin Fischer of the German Institute for International and Security Affairs (SWP). … [Read more...]
Experts issue plea for new European energy policy to overcome “crisis of confidence”
On the eve of a crucial Summit of the European Heads of State and government, who will meet in Brussels on 20-21 March to discuss EU climate, energy and industrial policy, a group of prominent energy experts has issued a plea for a “new European energy policy”. The experts, led by Claude Mandil, former Executive Director of the International Energy Agency (IEA), say the state of European energy markets is “deeply unsatisfactory” as a result of … [Read more...]
World Energy Outlook hides the real potential of renewables
The IEA’s annual World Energy Outlook (WEO) is seen as the most authoritative set of energy scenarios in the world. Yet when we test the forecasts for the growth of renewable energies in the WEO’s main scenario against reality, we find that the WEO consistently comes out too low. Each year from 2006 on the WEO has had to increase its forecast for wind and solar power. Yet each year the WEO predicts the growth of renewables to level off by 2020, … [Read more...]
Can Germany survive the Energiewende?
The German Energiewende is a heroic but – as it’s conceived now – increasingly disordered effort for unshackling industrial society from the chains of fossil fuels. Due to mistaken assumptions and unrealistic scheduling, it is now confronted with persistent obstacles. The new Merkel government has introduced some changes, but they won’t be enough to sustain the Energiewende, argues independent energy consultant (and renewable energy sympathizer) … [Read more...]
Ukraine fallout: how to deal with South Stream and Nord Stream
A new report from the Oxford Institute for Energy Studies (OIES) contends that, in light of the Ukraine crisis, the EU should allow Gazprom to use its great new pipelines South Stream and Nord Stream for itself and not be required to grant access to third parties. But the Center for Security Studies (CSS) ETH ZĂĽrch, argues the opposite in a new report of its own. It says the EU should adopt a strict regulatory policy towards South Stream and … [Read more...]
Tomatoes watered by the sea: sprouting a new way of farming
In Australia a former investment banker is growing vegetables in hothouses that use electricity and desalinated seawater all derived from concentrated solar power. According to John Matthews, it's a model that could work well in many areas of the world. … [Read more...]
Aligning interests in Ukraine is key to both EU and Russian energy security
All parties in the Ukrainian crisis should do their utmost to avoid any further escalation, writes Friedbert PflĂĽger, Director of the European Centre for Energy and Resource Security (EUCERS) at King’s College, London, and Deputy Minister in the first Merkel government. According to PflĂĽger, Europe must recognize that Russia has legitimate interests in Ukraine, while the Russians have to recognize Ukraine’s right to self-determination. If Ukraine … [Read more...]
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