carbon bubble

The geopolitics of energy: renewables are not in the race yet

Fatih Birol at Atlantic Council forum Abu Dhabi

At the Atlantic Council’s Global Energy Forum in Abu Dhabi on 12-13 January, oil executives, Middle Eastern energy ministers and experts in the geopolitics of energy came together to discuss the geopolitical implications of “the energy transformation”. Yet no one presented a vision of what a new global order, based on renewable energy, would look like, writes Karel Beckman, Energy Post’s editor-in-chief. The oil players all embrace renewable … [Read more...]

The year coal collapsed: 2016 was a turning point for Britain’s electricity

Scotland's last coal power station Longannet closed in 2016-slider

Socially and politically, 2016 was a momentous year for Britain. It was also a record breaking year for energy and the environment, but thankfully for all the right reasons, write Grant Wilson of the University of Sheffield and Iain Staffell of Imperial College London. Britain’s electricity was the cleanest it had been in 60 years, as coal collapsed and renewables rose to record levels. Courtesy of the Conversation. … [Read more...]

“Negative emissions”: the next challenge for climate policy

forest in Italy (photo Moyan Brenn)

If the Paris climate objectives are upheld, policymakers will soon be facing calls to set emission-reduction targets of much more than 100 percent, write Oliver Geden of the German Institute for International and Security Affairs (SWP) in Berlin and Stefan Schäfer of the Institute for Advanced Sustainability Studies (IASS) in Potsdam. But the debate about how to achieve “negative emissions” – and who will have to achieve them – has not even … [Read more...]

Donald Trump’s carbon-obsessed energy policy and the planetary nightmare to come 

Rex Tillerson and Vladimir Putin

Despite apparent contradictions, the main thrust of Donald Trump’s energy policy approach is very clear, writes author and energy expert Michael Klare: he aims to abolish all regulations that stand in the way of unrestrained fossil fuel extraction. Even if this spells doom for segments of the fossil fuel industry that will get hurt by low prices – not to mention the planet. Courtesy Tomdispatch.com. … [Read more...]

The OPEC deal: a recipe for volatility

OPEC deal is announced

Last week’s OPEC deal takes place in a very different context than earlier deals from the 1990s, writes Geoffrey Styles, Managing Director of independent US-based consultancy GSW Strategy Group. US shale producers are looking to fill supply gaps, inventories are higher than ever, and alternatives to oil in transport are emerging. If that’s not a recipe for volatility, Styles wonders, then what is? Original post. … [Read more...]

The big Dutch coal mistake and the future of coal in Europe

new RWE coal power plant Eemshaven the Netherlands

RWE, Uniper and Engie have fairly quietly written off billions of euros on three brand new coal power plants in the Netherlands, according to a new report from independent consultant Gerard Wynn for the Institute for Energy Economics and Financial Analysis (IEEFA). In an article for his own website, the Energy and Carbon Blog, Wynn notes that the Dutch experience means no new coal power plants are likely to be built again any time soon in Europe. … [Read more...]