The European Commissionâs proposed amendment to the Gas Directive is viewed by many as an attempt to block Nord Stream 2. But according to Danila Bochkarev, Senior Fellow, EastWest Institute, the Commission is thinking further ahead: it is using the proposal to try to increase its power over the EU energy market. … [Read more...]
Electric buses can save local governments billions – China’s showing how it’s done
New York, Los Angeles, San Francisco - America's largest cities are switching their entire bus fleets from diesel to electric. They will save money in the long run, but how to overcome upfront financing hurdles? According to Silvio Marcacci of think tank Energy Innovation, Shenzhen in China, which has the world's first 100% all-electric bus fleet, provides useful lessons. Â … [Read more...]
Why we will electrify trucking faster than you think (and it has nothing to do with Tesla)
Many people still doubt that trucks will become electrified. But according to financial energy specialist Gerard Reid, the adoption of electric vehicle technology in the freight sector will take place faster than expected. He gives four reasons why he is positive about electric trucks. Courtesy Carbon and Energy blog. … [Read more...]
A common goal for all sustainability advocates
Nothing is better for fossil fuel interests than current government policies supporting wind, solar and electric cars, writes independent researcher Schalk Cloete. These green technologies won't reduce fossil fuel consumption sufficiently for a long time to come, so the fossil fuel sector will be able to survive that much longer. In the third and last part of a series on green technology-forcing, Cloete calls on all sustainability advocates to … [Read more...]
Planned Kosovo lignite power plant fails to commit to cleaner technologies
London-listed, global energy investor ContourGlobal portrays its plans for a new coal power plant in Kosovo as a step towards cleaner air, but its legal agreement with the government shows that it fails to commit to best-in-class environmental performance, writes energy finance consultant Gerard Wynn. Courtesy Energy and Carbon blog. … [Read more...]
Big Oil pivots to electricity, Total leads the way
Most big oil companies are considering how they can change their focus from oil to gas and renewables. Leading the way is French oil major Total, writes Fereidoon Sioshansi, publisher of newsletter EEnergy Informer. … [Read more...]
The plethora of better alternatives to wind and solar power and electric cars
Technology neutrality can activate more than ten times greater sustainable development potential than current technology-forcing policies, writes independent researcher Schalk Cloete. In the second part of a series which follows an article about the dangers of technology-forcing of wind and solar power and battery electric vehicles, Cloete reviews eight alternative sustainable development solutions that he believes have greater climate mitigation … [Read more...]
11 ways the Paris climate deal is working in the real world
As climate talks stall, itâs clear the UN process is no longer the major driving force of the climate transition, write Soila Apparicio, Megan Darby and Karl Mathiesen of Climate Home News. While diplomates are negotiating the complex rules of the Paris deal, businesses, researchers, governments and citizens are coming up with new ways to move the climate to a safer place. Courtesy: Climate Home News … [Read more...]
Croatian LNG terminal: now or never?
If constructed, the planned Croatian LNG terminal could provide an alternative source of supply for Russian gas in Central and Eastern Europe. Yet without financial support from the regionâs governments and diplomatic engagement of the US and the EU, it is unlikely to be realized anytime soon, writes David Koranyi of the Atlantic Council Global Energy Institute. … [Read more...]
For Eastern Europe, controllable renewable power is a good alternative for new nuclear power
Poland, Slovakia, the Czech Republic and Hungary are all planning to build new nuclear power plants. But according to a new study by Energy Brainpool, commissioned by Greenpeace Energy, they could also opt for controllable renewable power plants. These are cost-competitive with nuclear, at least as reliable, and also allow for energy independence, write Philipp Heidinger, Fabian Huneke and Simon GÜà from Energy Brainpool. … [Read more...]
Investors have a choice: vote for Shellâs âwhatever worldâ or the world of the Church of England
The climate resolution which will be voted on at the upcoming Shell annual shareholdings meeting on 22 May, is not about Shell alone, writes Mark van Baal, founder of Follow This, the investor group who introduced it. Van Baal calls on investors to follow the advice of the Church of England to vote for the resolution, and not that of the directors, who are demanding they will be given  âthe flexibility to continue to thrive in whatever world … [Read more...]
‘Tsunami’ of hydropower dam building threatens Europe’s last wild rivers â campaigners
The transition to low-carbon energy sources in the Balkans could cause irreversible environmental damage, environmentalists fear. Proposed hydropower dam constructions endanger Europeâs last wild rivers and some diversity hotspots, writes Umberto Bacchi of Thomson Reuters Foundation. Courtesy: Thomson Reuters Foundation. … [Read more...]
Did Trump just kill the OPEC deal?
As has been widely discussed in the aftermath of President Trumpâs decision to withdraw from the Iran nuclear deal, the return of sanctions on Iran could disrupt oil shipments, with estimates ranging from essentially nothing to as much as 1 million barrels per day of Iranian supply going offline. But the decision also could put an end to the OPEC agreement, writes Nick Cunningham of Oilprice.com. … [Read more...]
How the European Commission, European Court of Justice and Member States are scaring away investors in the energy sector
Both EU institutions and member states are actively undermining the investment climate in the energy sector, writes Alan Riley, Senior Fellow at the Institute for Statecraft in London. The European Commission is undermining investor protection by its determination to apply EU state aid law to arbitration awards. Member States are disrupting investor expectations through arbitrary political interventions in the energy sector. Worst of all, the … [Read more...]
Energy companies under pressure to improve non-financial reporting â âthe accountants are taking overâ
Most energy companies today report on their climate, environmental and social impacts. In the EU they are even legally obliged to do so. But how transparent are these reports? How can they be compared? And how will they be used by investors and policymakers? Clare Taylor spoke to a number of experts and learned that energy companies are increasingly under pressure to improve their non-financial reporting â and that there is more legislation to … [Read more...]
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