The election of the sixth Labour-led government, in a coalition with the Greens, heralds a new direction for climate change policy in New Zealand, writes professor Robert McLachlan of Massey University. That is high time, according to McLachlan: the country’s emission trading system has not delivered, greenhouse gas emissions have risen. Courtesy The Conversation. … [Read more...]
The case for additional actions within the EU ETS has just become stronger
It is sometimes thought that total emissions in the EU ETS (Emission Trading System) are equal to the cap, and so any additional actions, such as phase-out of coal power, increasing energy efficiency and deploying more renewables, have no effect. But this is not true, writes climate change economist Adam Whitmore. Indeed, according to Whitmore, recently agreed reforms to the EU ETS strengthen the case for additional actions. For policymakers, … [Read more...]
Energy traders sound alarm: “electricity borders in the EU are closing instead of opening”
Regulations governing the EU wholesale electricity market have become so complex that the integration of the market is regressing instead of progressing, says Peter Styles, Chairman of the Electricity Committee of the European Federation of Energy Traders (EFET), in an interview with Energy Post. He notes TSOs (transmission system operators) on average now make less cross-border electricity transmission capacity available on the EU high voltage … [Read more...]
Interview David Hone, Chief Climate Change Advisor Shell: “Net zero emissions are achievable. The timing is challenging”
EU climate and energy policy is “reasonably effective”, but it could achieve more for the climate if it focused purely on reducing CO2-emissions, says David Hone, Chief Climate Change Advisor at Shell, in an interview with Energy Post. “There are too many goals and too many targets.” Hone also argues that first generation biofuels are needed to make advanced biofuels work and that a “new approach” towards CCS is urgently needed. Globally, Hone … [Read more...]
Divestment will not block German lignite
Stock divestment strategies have been widely proposed to undercut financial support for fossil fuels. The German lignite industry, however, cannot be tackled in this way, writes independent energy expert Jeffrey Michel in a highly informative analysis. Lignite stations and mines are owned by regional communities in the west and a Czech consortium in the east. Although some power plants are being phased out against government-arranged subsidies, … [Read more...]
Bioenergy increases emissions in Europe
The way the EU Emission Trading (ETS) has been set up, means that replacement of coal or gas with biomass will lead to higher greenhouse gas emissions, writes Rauli Partanen, freelance author and analyst. And in combination with the renewable energy targets all EU member states have, this is exactly what our policies encourage us to do. … [Read more...]
European coal emissions decline but German lignite stations keep pumping on
Coal power plant emissions fell by an impressive 11%, according to new EU data, but still accounted for 39% of total emissions. Dave Jones, electricity analyst of UK-based think tank Sandbag finds that the UK, Spain, Greece and Italy performed well last year, but Germany and Poland did not. 7 out of 10 of Europe’s biggest polluters are German lignite stations. The carbon price in the ETS had no effect on emissions. … [Read more...]
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