Search results for Climate Policy Tags

The nuclear industry must change — or die

Passengers on Sully's flight brace for impact (photo Warner Bros)

The nuclear sector in the West has brought the current crisis partly upon itself by doing the exact opposite of what is known to work in industry, writes Michael Shellenberger. To survive, it must embark on a radical new course: create one company, comparable to Boeing or Airbus in the aircraft sector, that will develop a standardized, efficient reactor design. At the same time, governments should work together to increase confidence in the … [Read more...]

Exclusive interview/ sneak preview: energy transition architect Claude Turmes tells inside story of EU energy policy

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Green MEP Claude Turmes has led some of Europe’s key energy and climate policy reforms since 2000. Now for the first time in a book, which will be launched in Brussels on 1 March, he explains how and why Brussels has pioneered - and obstructed - the energy transition in Europe. In an exclusive interview and sneak preview with Energy Post, Turmes gives an insider account of dreams, lobbies, and political, economic and social realities. This book … [Read more...]

How not to squander $130 trillion – a proposal to put carbon money in wealth funds

carbon pricing (photo The New Economy Magazine)

The proceeds from carbon pricing should be used to establish wealth funds from which current and future citizens can benefit, proposes energy and climate change economist Adam Whitmore. As all people have equal rights to the atmosphere, all should benefit from the use of this unique resource. … [Read more...]

Exclusive – Klaus Shäfer, CEO Uniper: “Security of supply is too important to leave to the market”

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The market on its own cannot be relied upon to deliver secure electricity and gas supplies, says Klaus Schäfer, CEO of Eon-spin-off Uniper, in an exclusive interview with Energy Post. According to Schäfer, it will become “dramatically more difficult” to balance the power market as the share of renewables increases. He also sees the gas market becoming “more and more complex” and argues policymakers should establish minimum requirements for gas … [Read more...]

The $200 billion fossil fuel subsidy you’ve never heard of

flood in the UK in 2007 (photo Shelly Jo)

In the United States, the official “social cost of carbon” (SCC) enters into many rules and regulations, such as fuel economy standards. According to Amir Jina, the SCC, which currently is calculated to be $36 per ton, shows that the U.S. fossil fuel sector gets $200 billion a year in hidden subsidies. The government should use the SCC to increase the carbon price, argues Jina, but the Trump administration is hardly inclined to do so. First … [Read more...]

Energy Union: Delivery pending

Maroš Šefčovič Vice-President of the EC in charge of Energy Union (photo Europe by Satellite)

Electricity market design, renewable energies, energy efficiency – the EU Commission’s recent “Winter Package” touches upon some of the core themes of the envisioned “Energy Union”. But finding  agreement on all these dossiers will be difficult in this politically turbulent year, writes Severin Fischer of the Center for Security Studies (CSS) at ETH Zurich. According to Fischer, five aspects deserve closer attention. Courtesy Policy Perspectives. … [Read more...]

China’s renewable energy revolution continues on its long march

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In one year China added almost as much generation from renewable power as Germany’s total renewable energy generation, according to the end of January statistics for 2016 by the National Energy Administration of China and the China Electricity Council. Yet the country’s electricity supply still relies strongly on coal, notes Simon Göß of Berlin-based consultancy Energy Brainpool. … [Read more...]