Most scenarios to meet the Paris Agreementâs targets require negative emissions technologies. However, carbon dioxide removal is not part of the EUâs climate policy yet. Its integration presents a serious challenge to the EUâs low-carbon policy paradigm and experience, write Oliver Geden of the German Institute for International and Security Affairs, Vivian Scott of the University of Edinburgh and James Palmer of the University of Bristol. … [Read more...]
China’s growing oil demand creates a new geopolitical dilemma
China has become the worldâs largest oil importer, and despite establishing the largely successful yuan-denominated oil futures, Beijing will have to grapple with an overlooked geopolitical and economic consequence as it seeks to quench its thirst for oil and gas, writes Tim Daiss of Oilprice.com. The country, mighty as it is, will become more dependent on OPEC, Russia - and even the U.S. Article courtesy Oilprice.com. … [Read more...]
Donald Trump versus OPEC
OPEC does have a role in todayâs higher oil prices, but is this bad for the U.S., as Donald Trump is claiming? According to independent energy analyst Geoffrey Styles, in the new oil world, the U.S. economy may not be worse off with higher oil prices, even if consumers pay more at the pump. … [Read more...]
Gas Geoeconomics in Europe: make Russia a “normal” gas supplier again
To protect Europe from Russian gas coercion, the U.S. should take the unorthodox step of investing in European gas infrastructure, write Gabriel Collins and Anna Mikulska of the Baker Instituteâs Center for Energy Studies.  Such a "geoeconomics-based strategy" would help blunt and deflect the Kremlinâs gas wedge. … [Read more...]
German electricity market in 2017: records for battery storage and redispatch
Renewable energy generation is still on the rise in Germany, though at a much lower pace than in the years around 2010, writes Marius Buchmann of Jacobs University in a detailed overview of the German electricity market in 2017. Costs of the feed-in tariff are stagnating, notes Buchmann, but redispatch costs which grid operators incur to keep the system stable, reached a new record far above âŹ1 billion. Courtesy of Buchmannâs blog Enerquire. … [Read more...]
EVs alone wonât solve our transport problem
Electric cars are a quick fix that helps tackle climate change and improve air quality to a point, but they won't get us to a sustainable mobility system, warns Martin Brueckner of Murdoch University. We need a new transport paradigm. Courtesy The Conversation. … [Read more...]
The secret of the great American fracking bubble
While politicians and the mainstream media trumpet fracking as a great American energy revolution, it has in fact been a financial disaster, writes Justin Mikulka of DeSmog blog. The American shale oil and gas boom, he writes, may be "one of the largest money-losing endeavors in the nation's history". Courtesy DeSmog blog. … [Read more...]
$100 Oil is back on the table
Only a week ago, news surfaced that Saudi officials were quietly hoping to push oil prices up to $80 per barrel, which would help boost the valuation of Saudi Aramco IPO. But why not $100 per barrel, asks Nick Cunningham of Oilprice.com? … [Read more...]
How Volkswagen’s Dieselgate billions are helping to jump-start EV charging
Interstate high-speed charging corridors have emerged as popular options for spending the Volkswagen settlement fund in American states affected by the automakerâs emission scandal, writes Mike OâBoyle of think tank Energy Innovation. Coupled with public education and interstate planning, these corridors are a good use of these funds to decarbonize transportation, the author argues. … [Read more...]
Fracking may have political support, it still needs a âsocial licenceâ
The UK government may be convinced that shale gas production is important to the country, it will need to convince the public too. Experience in Eastern Europe has shown that without a âsocial licenceâ, fracking will not get off the ground, writes Andreas Goldthau, Director of the Centre of International Public Policy in London and author of a new book on the politics of shale gas. … [Read more...]
How Shellâs new Sky scenario achieves net zero emissions
In Shell's recently published Sky climate scenario, the energy system reaches net zero emissions by 2070 using several technologies that are at an early stage. David Hone, Chief Climate Change Advisor at Shell, explains how this would work and why Shell regards this scenario as plausible. Courtesy David Honeâs Shell Climate Change blog … [Read more...]
Shipping to halve carbon footprint by 2050 under first sector-wide climate strategy
Global shipping must at least halve its emissions by 2050, according to an international deal adopted on Friday. Reaching an agreement on how to achieve this goal will be difficult as countries already challenge many proposed measures, writes Sara Stefanini of Climate Home News. Article courtesy Climate Home News. … [Read more...]
The Bosch solar complex: European companies should not give up on batteries just because they failed in solar
The decision of Bosch not to enter battery production may prove to be a historic mistake, writes Gerard Reid. Bosch was no doubt motivated by its failure in the solar power market, but according to Reid the battery market is very different. It is much more complex, involves much more technology and will be a critical pillar of the new economy. If Bosch and others donât get over their solar complex, European industry may get seriously hurt. Â … [Read more...]
New Gas Market Directive will change balance of power between EU and Member States
The European Commission has proposed amendments to the Gas Market Directive essentially to acquire control over Nord Stream 2. But once they are approved, the EU will have much more authority over Member Statesâ overall security of energy supply than it has now, warns Bent Ole Gram Mortensen of the University of Southern Denmark. According to Mortensen, there is no need for such far-reaching legislation: if Gazprom were to abuse its market … [Read more...]
Tackling climate change in Poland: 40% fewer emissions, $26 billion annual savings by 2050
Poland must choose whether it wants to continue pouring money into an unprofitable and polluting industry, shift to (mostly Russian) natural gas or embrace clean technology that improves energy security and saves money and lives, write Jeffrey Rissman and Robbie Orvis of Energy Innovation. This US-based think tank partnered with the Polish National Energy Conservation Agency (KAPE) and European Climate Foundation (ECF) to develop a tool to help … [Read more...]
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