The EC’s “Fit for 55” proposals include the raising of the EU’s 2030 target for total energy produced from renewable sources to 40%. Much of the rest of the world will likely raise its targets at some point too. Continuing to cut the cost of renewable energy generation will be essential to make that happen, and take pressure off all the other associated costs of supporting its integration into the energy system. Michael Taylor at IRENA summarises … [Read more...]
Central and Eastern Europe’s buildings renovation plans fall far short of 55% emissions cuts
There are big decarbonisation gains to be had in a renovation wave in Central and Eastern Europe (CEE) precisely because their building stock is very energy-inefficient, explains Christophe Jost at CEE Bankwatch. But Bankwatch's report on eight national plans - Bulgaria, Czechia, Estonia, Hungary, Latvia, Poland, Romania and Slovakia – reveals weaknesses in scale, funding, strategy and policy. Many are planning to comply with only the former 40% … [Read more...]
EU: Slow-moving CO2 targets for cars put EV battery boom at risk
Europe’s battery manufacturers are positioning themselves to be global leaders. Their project pipeline will be enough to power a new European car fleet that is 75% battery-electric by 2030. That’s 38 European gigafactories by 2030 (fully funded, part-funded and proposed), €39.5 billion worth in investments, creating 44,000 direct factory jobs. But existing CO2 emissions cut targets imposed on car manufacturers – a leading driver of demand for … [Read more...]
‘Fit for 55’ should prioritise decarbonisation of laggards: buildings, transport, industry, agriculture
Today’s long-awaited "Fit for 55" legislative package from the European Commission will trigger intense and difficult negotiations that will last two years, says Nicolas Berghmans at IDDRI. Its scope is wide and inevitably interconnected. The twelve legislative proposals include adjustments to existing measures (renewable energy, energy efficiency, carbon market/EU ETS, energy taxation, climate effort sharing between Member States/ESR, land use … [Read more...]
UK: exposing the gap between ambitious climate laws and actual policies
Like many nations, the UK has big gaps between what is actually needed to reach net zero by 2050, what targets and ambitions have actually passed into law, and what policies are actually in place to comply with those laws. The UK’s climate watchdog, the Climate Change Committee (CCC), has issued two reports that measure the UK’s performance and makes recommendations, summarised here by Josh Gabbatiss at Carbon Brief. The first report focuses on … [Read more...]
New rules for EU green bonds to raise €350bn/yr, but no decision on nuclear and gas
The EU needs €350bn/year from private investors to fill the Green Deal’s funding gap. The rules for the new green bonds that companies can issue to raise money are supposed to set a “gold standard”, ensure there’s no greenwashing, and make Europe the best place to invest your money sustainably. Benjamin Wehrmann at CLEW summarises the new strategy that was presented on 6th July, and has gathered reactions. Particular attention is paid to … [Read more...]
End Fossil Fuel subsidies by shifting them to poorer households
In May, the environment ministers of the G7 agreed to end fossil fuel subsidies within this decade. Around $650 bn/year is spent worldwide on subsidising all energy sources, with the majority ($450bn) going to fossil fuels despite the climate crisis. But simply removing the subsidies has proven difficult. They keep energy costs low for consumers. It’s why public protest resisted the change in Ecuador and France in 2019. And developing nations … [Read more...]
Residential energy use: “interventions” that alter daily habits vs top-down regulations
Getting people to change their behaviour is part of the net-zero plan, with residential energy consumption at 20% of total energy demand. How big a part can it play, and how quickly? Traditional methods like economic incentives and providing consumers with raw consumption data don’t always get the results expected. Here, Elisabetta Cornago at the IEA describes behavioural “interventions” that alter daily habits, are cheaper than large-scale … [Read more...]
Super-efficient space cooling can mitigate 0.5°C of warming by 2100
Space cooling eats up 10% of global electricity use, and by 2050 total energy consumed could triple as ownership takes off in developing countries. It’s why the Global Cooling Prize was launched to find AC designs that will have an 80% lower climate impact, explains John Matson at RMI. The two main design goals were to reduce electricity demand, and use refrigerants with lower global warming potential (GWP) than traditional refrigerant gases. The … [Read more...]
Buildings Retrofits: inaccurate efficiency ratings are going to waste budget
Buildings renovations are going to be expensive, and complicated to roll out. Accurately predicting how much energy a building actually wastes will make that process easier and cheaper. EPC ratings are used to categorise the energy efficiency of homes. But Freya Wise at The Open University quotes research in Europe, along with her own investigations in the UK, to show that a lot of older buildings waste less energy than the standard estimates are … [Read more...]
What if Carbon Capture fails? Modelling the consequences and solutions
Most policy scenarios being used by governments include carbon capture as a vital tool to reduce emissions. Though it’s far from proven at scale, models assume that between 2030 and 2050 carbon dioxide removal (CDR) will get its act together and deliver on its part in the net-zero puzzle. Assuming that will happen, burning fossil fuels can continue for longer. But Neil Grant and Ajay Gambhir at Imperial College London, writing for Carbon Brief, … [Read more...]
Biden’s major report on critical minerals supply: domestic mining + processing, innovation, EVs, global allies + more
In June, The White House issued its 250-page report on the global critical minerals supply chain, and how the U.S. can ensure continued supply as well as build up its own mining and manufacturing base. It is the fullest picture so far of how the U.S. is evaluating mineral access and supply chain resilience, says Reed Blakemore at the Atlantic Council Global Energy Center. Here he reviews the report, in particular the section on energy which … [Read more...]
U.S. can’t hit net-zero power target by 2035 without Advanced Nuclear
President Biden’s target of net-zero power generation by 2035 will be extremely challenging, if not impossible, argues Charles Merlin writing for IFRI. He says the best chance of achieving it is through advanced nuclear reactors, though the 2030+ switch-on dates of the new technology still won’t guarantee meeting Biden’s timescales. Why should the U.S. drive for advanced nuclear? Because of the known limitations of the other technologies. Wind … [Read more...]
Cement: replacing limestone with volcanic rock could slash energy use, and emissions by two-thirds
Cement production accounts for 8% of global emissions, and it will rise as nations get richer and build more. It’s mainly because of the energy needed for the high heat process, and the carbon released from the limestone used. It’s one of the leading hard-to-abate sectors, and coming up with an alternative process and cement recipe is firmly on the industry’s agenda. Josie Garthwaite at Stanford University summarises a study that aims to replace … [Read more...]
Land Use and Forestry: existing LULUCF rules allow EU’s carbon sink to decrease. Change them
The EU’s current Regulations for Land Use, Land Use Change and Forestry (LULUCF) allow the region’s carbon sink to decrease, explains Ulriikka Aarnio at CAN Europe. It’s due to exclusions and a lack of transparency and proper accounting for emissions. As a result, the EU’s carbon sink has already decreased significantly in the last few years, extracting only 265 Mt of CO2 in 2019. Different activities both emit and absorb carbon. 2019 saw 135 Mt … [Read more...]
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