The European Commission’s recently adopted Sustainable Finance Action Plan aims to boost investment in green projects, mainly by providing more reliable information for investors, writes David Thorpe, consultant and author of books on energy efficiency. An EU "ecolabel" for financial products is in the works. … [Read more...]
UK will legislate net-zero carbon emissions target, says minister
The UK will draft new laws that will cut emissions to net-zero, climate minister Claire Perry announced on Tuesday. Under the UK's 2008 Climate Change Act, the country has committed to 80% emission cuts, but this may prove inadequate to meet the Paris limit in 2050, writes Megan Darby, deputy editor of Climate Home News. Article courtesy Climate Home News. … [Read more...]
In the new era of inexpensive renewables, policy should remove systemic obstacles
As the cost of renewables goes down, the old approach of subsidizing generation no longer makes sense, writes Johannes Urpelainen of The Center on Global Energy Policy. We need a revolution in energy policy. Article courtesy The Center on Global Energy Policy. … [Read more...]
New Gas Market Directive will change balance of power between EU and Member States
The European Commission has proposed amendments to the Gas Market Directive essentially to acquire control over Nord Stream 2. But once they are approved, the EU will have much more authority over Member States’ overall security of energy supply than it has now, warns Bent Ole Gram Mortensen of the University of Southern Denmark. According to Mortensen, there is no need for such far-reaching legislation: if Gazprom were to abuse its market … [Read more...]
EU gas and power transmission grid operators map out energy future (Energy Post Weekly)
For the first time ever, the gas and electricity transmission system operators in the EU have joined forces to develop a series of joint scenarios for the European energy system out to 2040. Takeaways: high carbon prices, no shale gas, hardly any CCS, less gas in heating/more gas in transport, less nuclear and more biomethane and power-to-gas. The scenarios matter because they will ultimately help decide which energy infrastructure projects get … [Read more...]
Tackling climate change in Poland: 40% fewer emissions, $26 billion annual savings by 2050
Poland must choose whether it wants to continue pouring money into an unprofitable and polluting industry, shift to (mostly Russian) natural gas or embrace clean technology that improves energy security and saves money and lives, write Jeffrey Rissman and Robbie Orvis of Energy Innovation. This US-based think tank partnered with the Polish National Energy Conservation Agency (KAPE) and European Climate Foundation (ECF) to develop a tool to help … [Read more...]
Poland’s love affair with coal: can the EU do anything about it?
The Polish government’s strong commitment to coal goes against EU policy direction and against market conditions, write Anna Mikulska of the Baker Institute’s Center for Energy Studies and Eryk Kosinski of Adam Mickiewicz University. But coal has a special place in the nation’s collective heart. To wean Poland off coal will require EU support to coal-dependent regions and for alternative energy sources, the authors argue. … [Read more...]
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