EPH, the Czech energy company that bought Vattenfall’s German lignite assets, has joined a legal action against new pollution limits, writes energy finance consultant Gerard Wynn. Although EPH acquired the plants at a steep discount, and has profited from a sharp rise in wholesale power prices, the company apparently is still not satisfied, notes Wynn. It wants to be able to disregard EU-wide rules that protect people from air pollution and … [Read more...]
India’s green shift to renewables: How fast is it happening?
India is moving at a rapid pace to adopt a green shift in its power sector, across industry and in transport, aiming to reduce dependence on the black fossil fuelled energy economy, write Simran Talwar and John A. Mathews. But finance remains a problem: many banks are complacent in their lending to fossil fuel projects. Attempts in the international trade arena to curb India’s strategies of building green power industries using the tools of local … [Read more...]
Green Gold: a documentary filmmaker unearths the shocking story behind biofuels
On 22 November, the impressive documentary “Green Gold” by veteran filmmaker Sergio Ghizzardi premieres at the Aventura cinema in Brussels. Over a period of nearly ten years Ghizzardi travelled to all corners of the globe, interviewing politicians, farmers, oil industry representatives, biofuel producers and NGOs to understand “a political project” that began in Brussels and kicked up a worldwide storm that is still getting bigger every day. … [Read more...]
How the International Energy Agency is steering the world to climate disaster
The International Energy Agency (IEA) likes to present itself as a climate champion, but it is in fact steering the energy system towards catastrophic levels of warming, writes Greg Muttitt, Senior Advisor at NGO Oil Change International. The IEA is supposed to be an advisory body to its members countries, Muttit notes, but its real masters appear to be the fossil fuel companies. … [Read more...]
The Gas Directive and its application to EU-Third Country pipelines
The existing EU Gas Directive regulates issues pertaining to the transmission of gas from third countries to the Union, but is ambiguous. It can be interpreted in such a way that gas pipelines from these countries are not covered by EU energy regulations, leaving room for abuse. The European Commission’s proposal to clarify  the application of the Gas Directive to these pipelines is therefore to be welcomed, writes Szymon ZarÄ™ba, international … [Read more...]
The European Commission’s last-ditch effort to stop Nord Stream 2: how likely is it to succeed?
The European Commission’s proposal to extend the Gas Directive to so-called import pipelines is an obvious attempt to try to block Nord Stream 2, writes Karel Beckman, editor-in-chief of Energy Post. According to Beckman, it is not likely to succeed: the opposition to Nord Stream 2 is political in nature and cannot be stopped through legal means. (This article is part of a two-part response to the Commission’s proposal of 8 November to amend the … [Read more...]
Lost in regulation: the EU and Nord Stream 2
The European Commission has proposed changing the Gas Market Directive to include import pipelines from third countries. This would make EU regulations, such as unbundling and third-party access rules, applicable to Nord Stream 2. According to Severin Fischer, Senior Researcher at the Center for Security Studies (CSS) at ETH Zurich, the Commission’s approach to Gazprom’s pipeline project risks getting lost in legal inconsistencies. Fischer … [Read more...]
It is time for the UN climate process to tackle fossil fuels
The word “fossil fuels” does not appear in the Paris Climate Agreement, write Georgia Piggot and Peter Erickson of the Stockholm Environment Institute (SEI). They call on leaders to start addressing not just greenhouse gas emissions, but coal, oil and gas production as well. Courtesy Climate Home News. … [Read more...]
Wind, solar costs continue to fall and fossil fuels can’t stop them
The latest update for energy technology costs put together by global investment bank Lazard has been released and shows a growing advantage for wind and solar technologies over fossil fuels such as coal, gas and nuclear, writes Giles Parkinson of Reneweconomy.com. Original post. … [Read more...]
How Romania can become a key player in the European gas market
Romania has the third largest natural gas reserves within the European Union (EU) and new reserves are still being discovered. With domestic gas production within the EU declining, the country could play an important role in the regional market. But for this to happen, interconnections need to be expanded and the liberalization of the market needs to be completed, write Ramona Visenescu and Henry Bartelet of the independent international think … [Read more...]
US shale oil: the limits to growth
With technological progress slowing down and financiers becoming more reluctant to invest, estimates of future US shale oil production are becoming more conservative, writes geophysicist Jilles van den Beukel. By the early 2020s, the ability of US shale oil to provide a ceiling on oil prices will be significantly diminished. … [Read more...]
Shell, BP climate disclosures ‘just a marketing tool’, says ShareAction
Two years after BP and Shell shareholders resoundingly passed resolutions requiring the oil majors to factor climate change risks into their corporate strategy and accounting, the two companies are disclosing no more than bare minimum, a new report from a U.K.-based NGO has found. Article by Kyla Mandel of DeSmog. … [Read more...]
How blockchain is transforming the energy industry
Blockchain technology offers cost-saving and process efficiencies for the energy sector that are too compelling to ignore, write Luis Colasante and Taniga Krish for Oilprice.com. But it does require a clear framework where all participants agree on the standards and rules. … [Read more...]
A solar transportation system?
Are solar-powered cars the future? According to David Hone, Chief Climate Change Advisor at Shell, solar augmentation, for example in the form of solar roofs, may become widespread by 2030. By 2050 a vehicle fleet requiring little to no net energy becomes a real possibility. Courtesy David Hone's Shell Climate Change blog. … [Read more...]
Experts who sold the idea of oil exports proven very wrong very fast
Oil market experts all claimed that lifting the ban U.S. oil exports would not result in very large exports. They all turned out to be wrong very quickly, writes Justin Mikulka on DeSmog blog. American oil is even going to China these days. With devastating consequences for the environment and the climate. … [Read more...]
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