Energy poverty â the inability to afford basic household energy needs â affects up to one-third of U.S and European households. The energy transition can be part of the solution, says Clare Taylor. Targeted energy-efficient retrofits and newbuilds for low-income households will cut bills and improve living conditions. This will not only cut emissions, but get the beneficiaries behind wider climate change policies like the Green Deals in Europe … [Read more...]
Central and Eastern Europeâs buildings renovation plans fall far short of 55% emissions cuts
There are big decarbonisation gains to be had in a renovation wave in Central and Eastern Europe (CEE) precisely because their building stock is very energy-inefficient, explains Christophe Jost at CEE Bankwatch. But Bankwatch's report on eight national plans - Bulgaria, Czechia, Estonia, Hungary, Latvia, Poland, Romania and Slovakia â reveals weaknesses in scale, funding, strategy and policy. Many are planning to comply with only the former 40% … [Read more...]
Fit for 55: Does squeeze on gas make coal exit harder? Event summary + video
On May 18, 2021, Energy Post hosted an expert panel with the European Commission, E3G, CERRE and PKEE (the Polish Electricity Association, who also sponsored the discussion). It looked at some of the key EU support mechanisms offered to countries/companies transitioning away from coal, including the EU ETS' Modernisation Fund, the Just Transition Fund  and also how State Aid Guidelines (EEAG) contribute. We asked Stefaan Vergote (Senior Advisor … [Read more...]
Coal exit: EU policy revisions must face both tech and socioeconomic obstacles
By 2030, the EU must cut its emissions by at least 55% compared to 1990 levels. Agreeing on the target was hard enough. Much harder will be agreeing on the design of the rules, regulations and financial support needed to achieve it. Pieter de Pous at E3G scopes out the major decline already experienced by coal - the worst emitting energy source - before looking at the challenges faced by heavy coal users in Central and Eastern Europe (CEE). The … [Read more...]
