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Analysis: BP’s outlook for fossil fuels could be undermined by slowing energy demand
BP’s latest projections, released last week, once again concede that their previous reports have been overestimating fossil fuel consumption and underestimating renewables. Yet BP still predicts total energy demand will grow indefinitely thanks to overall global growth, and fossil fuels will always be needed. But Simon Evans at Carbon Brief shows how these projections contrast starkly with McKinsey’s, who find that the efficiency of renewables … [Read more...]
On 8 June, the UK will head to the polls for the third time in as many years. In an election dominated by Brexit, Carbon Brief tracks the climate change and energy content of parties’ manifestos, as they are launched. Courtesy Carbon Brief. … [Read more...]
Natural gas can only be a worthwhile bridge to a low carbon future if a series of tough conditions are met, according to a working paper from the influential New Climate Economy initiative. The paper says the climate benefits of gas, including shale gas, could in theory be significant. It suggests a 10% increase in global gas supplies could prevent 500 gigawatts (GW) of new coal capacity being added by 2035, avoiding 1.3 billion tonnes of annual … [Read more...]
The UK's three main political leaders have pledged to tackle climate change after the next election, whatever the outcome. Simon Evans of the Carbon Brief assesses the significance of the unusual joint pre-election pledge. He concludes that the substance of the agreement is not new, but it will “prevent backsliding on climate policy by future governments”. It will also serve as an example to countries across the world. … [Read more...]
The world's population could live a prosperous, European-style lifestyle by 2050 at the same time as avoiding dangerous climate change, according to a new Global Calculator developed by the UK's Department for Energy and Climate Change (DECC). Simon Evans tests the Calculator against scenarios of Shell and Friends of the Earth and comes to some surprising (or, perhaps not so surprising) conclusions. … [Read more...]
This year UK coal use is likely to fall back to levels last seen during the industrial revolution, according to analysis from The Carbon Brief. By 2023 the UK may not use any coal anymore for electricity generation, if low gas prices persist. The nation that started the Industrial Revolution, based on coal, says goodbye to the coal age. … [Read more...]
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