Achim Steiner, Executive Director of the United Nations Environment Programme(UNEP), meets with viEUws.eu's leading environment journalist Sonja van Renssen to talk about climate change goals and Europeâs role in the global climate negotiations. According to Steiner, countries are looking towards UN Climate Change Conferences in Paris and Lima as an opportunity to address climate change with a greater sense of ambition and urgency. However, how … [Read more...]
New BP Statistical Review shows US oil production increase helped avoid oil crisis
The new BP Statistical Review of World Energy 2014, published on 16 June, shows that the world only narrowly escaped an oil crisis last year, thanks to a large increase of production in the US. The figures in the famous Review â the publicationâs 63rd annual edition â show âhow geopolitical events in a number of countries continued to impact oil production in 2013, with Libya suffering the largest single decline in the face of renewed civil … [Read more...]
Oil and gas producers: we subsidise government, not vice versa
Oil and gas contribute hundreds of billions of euros to European government revenues every year, a new study shows, highlighting how the industry â far from being subsidised â crucially boosts public finances in the European Union and Norway. Energy taxation and subsidies in Europe, a study commissioned by the International Association of Oil & Gas Producers (OGP) and carried out by independent consultant NERA Economic Consulting, sheds … [Read more...]
Obamaâs Clean Power Plan: why itâs smarter than you think (and beats EU policy)
The Clean Power Plan recently announced by the US Environmental Protection Agency (EPA) has been hailed for its good intentions, but also widely criticized for its âmodestâ ambitions. What most commentators have failed to note, however, is that, compared to EU climate policies, Obamaâs plan is really a smart piece of legislation. It avoids the policy failures made by Brussels and lays a solid foundation for a successful low-carbon strategy. … [Read more...]
UN starts new hub to bring investment and innovation in clean energy to Asia and the Pacific
A new regional hub launched by the Asian Development Bank (ADB), in partnership with the United Nations Development Programme (UNDP) and the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), will help mobilize investment and innovative solutions to bring clean, modern energy to those who do not have it in Asia and the Pacific. The "Asia-Pacific Sustainable Energy for All" hub will gather governments, investors, … [Read more...]
How the EU should deal with the Ukraine gas crisis
The Russian decision, on 16 June, to halt gas supplies to Ukraine spells trouble for the coming winter. Even if the current crisis is resolved, uncertainties over Ukraine will remain. Therefore, the EU needs to prepare for another gas crisis, both in the short term, by establishing crisis mechanisms, and in the medium term, to prevent future crises. Agata Ĺoskot-Strachota of the Centre for Eastern Studies (OSW) in Poland sets out the urgent steps … [Read more...]
IEA: unconventional oil revolution to spread beyond US
The unconventional supply revolution that has redrawn the global oil map will likely expand beyond North America before the end of the decade, the International Energy Agency (IEA) says in its annual five-year oil market outlook released on 17 June. The report also sees global oil demand growth slowing, OPEC capacity growth facing headwinds, and growing regional imbalances in gasoline and diesel markets. The IEAâs Medium-Term Oil Market Report … [Read more...]
Shale gas: what it could really mean for Europe
The Ukrainian crisis has revitalized discussions in Europe about the role shale gas could play in the European energy mix and to enhance security of supply. Opinions  on this are very polarized. Whereas optimists declare that Europe could start commercial production in 2020, the pessimists insist that shale gas will never be profitable in Europe. According to Alexander Gusev, the real picture is not black-and-white. Cutting through the confusion … [Read more...]
Interview Shell strategist Jeremy Bentham: âFuture organisations will have to cross boundariesâ
What will Shellâs role be in an increasingly carbon-constrained, and increasingly electrified world? Clearly the company sees its natural gas business as becoming central to its operations, gradually overtaking its oil business. But beyond that, the future is uncertain. Jeremy Bentham, Vice-President of Global Business Environment and head of the Shell Scenarios team, sees Shell evolving into a company that provides flexibility and resilience and … [Read more...]
Will China follow the US example and cap carbon emissions?
With his Clean Power Proposal, President Obama has entered on a drive to put a ceiling on carbon emissions in the US â for the first time. The question  is now whether China will follow this example. Nicholas Cunningham of Oilprice.com believes China may be about to turn a corner â with huge consequences for global energy markets. … [Read more...]
“Retroactive amendments to Czech law threaten renewable energy sector”
The Czech Photovoltaic Industry Association and the Alliance for Energy Self-Sufficiency have expressed their fears about planned retroactive changes to legislation guaranteeing support for renewable energy in the Czech Republic in letters addressed to the European Commission and Members of the European Parliament and have asked for an independent assessment of related materials and documentation. Suspicions about retroactive changes of the … [Read more...]
Reforms needed for Energy Community
The Energy Community High Level Reflection Group has issued a report on how the work of the Energy Community - an international organisation comprising the European Union and eight neighbouring countries (Albania, Bosnia and Herzegovina, Kosovo, former Yugoslav Republic of Macedonia, Moldova, Montenegro, Serbia and Ukraine) â may be improved. The Report contains proposed solutions to the most pressing challenges facing the Energy Community, … [Read more...]
Global Cumulative Wind Power Capacity to More than Double by 2020, Led by China, says GlobalData
Despite an overall slump in installations in 2013, the global cumulative wind power capacity will more than double from 319.6 Gigawatts (GW) at the end of 2013 to 678.5 GW by 2020, says research and consulting firm GlobalData. The companyâs latest report* states that China, the largest single wind power market responsible for 45% of total global annual capacity additions in 2013, is expected to have a cumulative wind capacity of 239.7 GW by … [Read more...]
Perspectives on Obamaâs clean power plan: small step for US, big step for mankind?
The proposal made by the US Environmental Protection Agency to reduce CO2 emissions from power stations in the US by 30% has been hailed by many as a historic breakthrough in US climate policy. Others, however, argue that the proposal is quite moderate. Some even say the plan will do nothing for the climate at all. Supporters say the main benefits of the plan is the precedent it sets and the message it sends. Energy Post editor Karel Beckman … [Read more...]
VIDEO: High hopes for UN Environment Assemblyâs first meeting, states UNEP Executive Director
Achim Steiner, Executive Director of the United Nations Environment Programme (UNEP) meets with viEUws.eu's leading environment journalist Sonja van Renssen to discuss post-2015 Sustainable Development Goals (SDGs) and the inaugural UN Environment Assembly (UNEA) meeting in Nairobi, Kenya from 23-27 June. Key issues for for the UNEA meeting will be the SDGs and illegal wildlife trade. According to Steiner, countries cannot solve … [Read more...]
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