The U.S. Inflation Reduction Act has been described as unprecedented in its ambition for the nation’s energy transition. One year on from the passing of the bill in August 2022, Hannah Perkins and Adam Aston at RMI describe the progress on implementation as unprecedented too. The authors break their review down into categories: clean tech manufacturing, electrifying transport, greening buildings, decarbonising electricity, transforming industry, … [Read more...]
Electricity Market Design – creating the stimulus for competitive Offshore Wind within the internal energy market
Ahead of the upcoming discussion in Brussels (September 18, 15:00, Polish Embassy REGISTER HERE) on how to stimulate renewable investment, see below for a reminder of what was discussed at our conference before the summer. This time around, following an open address by Wanda Buk, VP Regulatory Affairs at PGE, PGE Baltica's CEO, Arkadiusz SeksciĹ„ski will be joined by Thor-Sten Vertmann, Electricity Market Design (EMD) expert within Ms Kadri … [Read more...]
Russia’s war has exposed France and Germany’s energy policy differences. Can it also bring them together?
France and Germany combined account for 45% of EU GDP and 40% of energy consumption. No wonder they are the most influential EU members. But the Russia-induced energy crisis has forced both Paris and Berlin to expose and admit the differences in their national energy strategies, and that has made a search for a unified voice for Europe’s ambitious climate targets much harder to achieve, explain Camille Lafrance and Benjamin Wehrmann at CLEW. … [Read more...]
Lookahead to 2024 27-nation EU Parliamentary elections: will ambitious climate policies win or lose votes?
In June next year Europeans from 27 nations will elect a new EU Parliament that will shape the bloc’s energy and climate policy in the years leading to the 2030 climate target deadline. It’s not clear whether rising prices, energy security and heatwaves will steer votes towards parties pushing for more rapid decarbonisation, or whether the cost and disruption of transition will do the exact opposite. At the last election in 2019 climate concerns … [Read more...]
Power to the people: citizen-centred Just Transitions challenge energy system centralisation
EU Member States need to phase-out coal and transform their carbon-intensive industries to make Europe climate-neutral. However, these should not be the only goals: transparency and justice must also accompany this path, argue Diana SĂĽsser at IEECP, Serafeim Michas at TEESlab and Ricardo Antonio GarcĂa Mira at the University of A Coruna. As Member States implement their territorial just transition plans, they must ensure they benefit affected … [Read more...]
Climate sceptics’ denying of the science is declining. Opposing the policies is the new tactic
In the media, the good news is that those opposed to acting on climate change – sometimes called climate deniers or climate sceptics – are not challenging the science nearly as much as they used to. The bad news is that they are now using “response scepticism”. This means obstructing policies with arguments like “it costs too much”, “what about China’s emissions?”, “stopping flying is too extreme, do something else”, “infringement on civil … [Read more...]
Poorly defined “efficiency” incentives birthed the SUV. Beware the same mistake with “clean energy” jobs, “domestic” batteries + more
Financial support for the transition needs clear and carefully chosen definitions of what qualifies for that support. Getting it wrong leads to unintended consequences, some which may not reduce emissions, explains James Sallee at the Energy Institute at Haas. Ever wondered why SUVs and big cars proliferated after the 1970s in the U.S. (and are on roads all over the world now)? The 1970s oil crisis triggered new rules that penalised fuel … [Read more...]
IPCC’s latest AR6 synthesis report lacks urgency and realism. Its own numbers say so
Kevin Anderson at the University of Manchester explains his deep disappointment in the recently released and influential IPCC AR6 synthesis report. Even the mainstream media criticised the lack of urgency in the language. Anderson’s objections go further. He says the report’s own figures show net-zero must be reached by 2040, not the “early 2050s” as stated. Anderson goes on to criticise the modelling used as the standard, saying it is formulated … [Read more...]
Galway and Sofia lead in climate adaptation plans for European cities: new online tool to help others follow
A new study assesses the most recent adaptation plans of 167 European cities. Six “principles” - evidence of impacts and risks; adaptation goals; adaptation measures; implementation; monitoring and evaluation; societal participation in plan creation – are used to quantify performance. The authors – Diana Reckien, University of Twente; Attila Buzási, Budapest University of Technology and Economics; Marta Olazabal, Basque Centre for Climate Change; … [Read more...]
The problem with CO2e: we need separate emissions data for each climate pollutant (methane, soot, etc.)
Currently, we measure non-CO2 emissions by converting their impact into the CO2 equivalent over a 100-year period. The problem is that other pollutants can have their worst impact well within 100 years, like methane (the first 20 years is when the impact of methane is worst). Though CO2 has caused the most warming, other short-lived pollutants have contributed nearly half of the total, particularly methane, black carbon from soot, and some … [Read more...]
New AI model predicts 1.5C temperature rise is likely in 2030s even if emissions decline
A new artificial intelligence model is predicting that 2C warming is likely to occur and sooner than expected, even if current low-emissions strategies are successful, explains Josie Garthwaite at Stanford University. The Stanford-developed AI uses “neural network” learning from vast quantities of past data, predicting that the 1.5C threshold is likely to be crossed in the next 10 to 15 years. That’s regardless of how much greenhouse gas … [Read more...]
Understanding the new EU ETS (Part 2): Buildings, Road Transport, Fuels. And how the revenues will be spent
A fortnight ago we published Simon Göss’s explainer of the big changes happening to the EU’s Emissions Trading Scheme (ETS). That article covered the new rules coming in for the existing EU ETS, and the implementation of the new carbon border adjustment mechanism (CBAM). This article explains the introduction of an EU ETS II that extends emissions trading to the buildings sector, road transport and the usage of fuels in other, as of now not … [Read more...]
EU ETS and CBAM: what the big update to emissions trading rules means for Europe’s key sectors
The EU’s Emissions Trading Scheme is a vital part of the region’s decarbonisation plans. Simon Göss at carboneer digs into the new rules coming in for the existing EU ETS, and the implementation of the new carbon border adjustment mechanism (CBAM). Right now, the existing EU ETS covers around 40% of the EU’s emissions (energy sector, industrial installations and aviation). Its scope is being extended to include maritime transport. On top of that, … [Read more...]
How Europe is countering Russia’s weaponisation of energy – CEDE 2022 event summary
Simon Göss provides a written summary of our two panel discussions held in Brussels on Thursday December 8th 2022. Panel 1 was titled “The Availability and Affordability of Gas and Energy in CEE and EU”, Panel 2 “The War in Ukraine: Security of Critical Energy Infrastructure”. The issues covered include EU policy interventions for countering the Russian weaponisation of energy, cooperation with Ukraine, how far is Europe prepared, spill-over … [Read more...]
COP 27: a way forward for methane, fossil fuel (not just coal) phase-out, and U.S.-China competition?
COP 27 was never expected to have the impact that COP 26 did, and that’s how it turned out, explain Ben Cahill, Sandeep Pai and Taiya Smith at CSIS. But there are three issues that can have long term positive impacts if carried forward successfully. The first is some good news on methane emissions. The U.S., the EU, Japan and other countries announced an important producer-consumer effort to cut greenhouse gas emissions from traded gas, while … [Read more...]
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