It is often argued, especially by representatives from the energy sector, that climate change policy should be based exclusively on carbon pricing. In the EU this means: on the EU Emission Trading Scheme. However, a new book by Professor Michael Grubb convincingly shows why such a policy approach is misguided. We also need policies on energy efficiency and renewables as well as policies that drive system change. … [Read more...]
Ex-Polish Prime Minister Tusk reclaims Energy Union agenda
Energy security through new fossil fuel supplies and transport infrastructure, not energy efficiency and renewables, dominates the conclusions issued by EU heads of state and government after their first debate on an Energy Union for Europe in Brussels on Thursday. Former Polish Prime Minister Donald Tusk – now President of the European Council of Ministers – appears to have reclaimed in large part the Energy Union he helped set in motion, … [Read more...]
Europe’s Energy Union: a big deal – but is it a good deal?
The Energy Union, writes Jonathan Gaventa, Associate Director of E3G, offers Europe a unique opportunity to move to a more modern, efficient and technologically advanced energy system, to bring down Europe’s outrageously high energy import bill and to lead global clean energy markets. Unless we allow it to be hijacked by incumbent utilities and oil and gas players who will use it to advance their own interests. … [Read more...]
Statoil’s big dilemma: should it continue to go for oil and gas – or transform itself into an energy service provider?
Norwegian oil giant Statoil, owned 67% by the Norwegian State, readily acknowledges the need to take drastic measures against climate change. But it nevertheless persists in a strategy aimed at expanding its oil and gas production globally. According to Anders Bjartnes, editor of the website Energi og Klima, the company cannot forever embrace these opposing views, “where verbal concerns go in one direction while strategy and cash go in the … [Read more...]
EU energy policy: still ambiguous after all these years
The Energy Union package recently announced by the European Commission is a step forward in that it puts market liberalization and integration at the centre of European energy policy, writes Carlo Stagnaro, senior fellow at the Italian free market think tank Istituto Bruno Leoni. At the same time, it is still strongly influenced by the idea that government intervention is required to ensure both security of supply and sustainability. As a result, … [Read more...]
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