Scrapping of planned coal power and accelerated investment in wind and solar are essential if we are to reach the Paris climate goals. The good news: It can be done significantly cheaper than the International Energy Agency (IEA) estimates, writes Terje Osmundsen, Senior Vice President of the Norwegian-based international solar power company Scatec Solar. Courtesy of EnergiogKlima. … [Read more...]
Search results for Climate Policy Tags
It is time to tax carbon
Low-carbon technologies will transform the energy system, but not fast enough to limit global warming, writes Gerard Reid, founding partner of Alexa Capital, financial analyst and co-founder of the Energy and Carbon blog. According to Reid, what is needed is to shift the still massive investment in oil and gas onto alternative energy sources. That can only be done through a carbon tax. … [Read more...]
Do we need an Airbus for nuclear?
Author and pro-nuclear activist Michael Shellenberger recently wrote that the nuclear sector, to survive, must embark on a radical new course: create one company, comparable to Airbus in the aircraft sector, that will develop a standardized, efficient reactor design. Josh Freed and Todd Allen of think tank the Third Way and Ted Nordhaus and Jessica Lovering of think tank The Breakthrough Institute argue that this approach will not solve … [Read more...]
10 things you should know about the Clean Power Plan
The Trump Administration has taken action to revoke the Obama Administration’s Clean Power Plan – one of the major ways in which the U.S. government is implementing its pledge under the Paris Climate Agreement. According to Tomas Carbonell of the U.S.-based NGO Environmental Defense Fund (EDF), Trump’s action has little public support. … [Read more...]
European coal emissions decline but German lignite stations keep pumping on
Coal power plant emissions fell by an impressive 11%, according to new EU data, but still accounted for 39% of total emissions. Dave Jones, electricity analyst of UK-based think tank Sandbag finds that the UK, Spain, Greece and Italy performed well last year,  but Germany and Poland did not. 7 out of 10 of Europe’s biggest polluters are German lignite stations. The carbon price in the ETS had no effect on emissions. … [Read more...]
Why the International Energy Agency still gets it wrong on fossil fuels
The IEA (International Energy Agency) has produced a remarkable and alarming report, together with IRENA (International Renewable Energy Agency), warning that “unprecedented” and “unparalleled” efforts are necessary “immediately” and “across all countries” to stave off climate disaster. Yet it still sees a significant role for fossil fuels in 2050. How is this possible? Greg Muttitt, Senior Advisor at NGO Oil Change International, argues that the … [Read more...]
Trump slams brakes on Obama’s climate plan, but there’s still a long road ahead
Badly looking for a political win that would both fulfill some campaign promises to his political base and satisfy the demands of rank-and-file Republicans in Congress, President Trump on March 28 signed an Energy Independence and Economic Growth Executive Order. According to Henrik Selin, Associate Professor in the Frederick S Pardee School of Global Studies at Boston University, the order is just an opening salvo in what is destined to become a … [Read more...]
Debate over capacity markets heats up in Brussels
Member States, MEPs and other stakeholders in Brussels are getting ready to develop rules for capacity markets in Europe. Some argue that countries should resort to capacity mechanisms only as a last resort. Other such as France insist on strong capacity markets: they are afraid of blackout risks. And there is disagreement over whether to allow coal power stations to play a role as backup source. Sonja van Renssen reports from Brussels. … [Read more...]
Peak oil? Sooner than you think
The London-based investment advisory firm Redburn thinks that global demand for oil could peak around 2026, writes Fereidoon Sioshansi, President of Menlo Energy Economics and publisher of the newsletter EEnergy Informer. The implications for oil majors are ominous. … [Read more...]
Wind power blows away opposition in U.S.
What many regarded as unthinkable just a few years ago, is happening today: U.S. utilities are almost effortlessly handling ever increasing levels of intermittent wind power, writes Washington DC-based energy author Dennis Wamsted. What is more, Democratic and Republican politicians are lauding the unprecedented way in which wind and solar resources are transforming low-income rural areas. Wind power is here to stay, regardless of who sits in the … [Read more...]
Energy efficiency needs “historic level of public-private cooperation”
From a banking perspective, energy efficiency is difficult to classify in terms of business opportunities because its benefits are so widely dispersed,  writes Stephen Hibbert, global head of Energy & Carbon Efficiency at ING Wholesale Banking. For this reason, to close the “investment gap” in energy efficiency, “a historic level of public-private cooperation” is needed, according to Hibbert. He sees many signs that this is happening. … [Read more...]
Saudi Arabia “leaves oil behind” (says ex-oil minister Al-Naimi)
Is Saudi Arabia serious about making the change from the world’s biggest oil exporter to a significant producer – and exporter – of renewable energy? Time will tell, but the country is certainly taking serious first steps, writes Nehad Ismail. … [Read more...]
Mr Energy Transition Claude Turmes cheered in Brussels, but across EU divisions run deep
As Green MEP Claude Turmes launched his vision for pursuing the green energy revolution in Europe, EU energy ministers remained strongly divided over the depth and pace of the energy transition. … [Read more...]
Energy Union requires concrete projects and protection of European interests
To deliver the Energy Union, the European Commission should promote concrete projects, such as equipping all European highways with charging points for electric vehicles. It should also act to protect workers and consumers who get hurt by the energy transition, protect European markets from dumping practices and turn Malta and Cyprus into 100% renewable energy islands, write Enrico Letta, Thomas Pellerin-Carlin and Jean-Arnold Vinois of the … [Read more...]
California wants to go even greener – in defiance of Trump
While Donald Trump is turning back the clock on climate and renewable energy policy, politicians in California vow to maintain their ambitious "green" policies, writes Fereidoon Sioshansi, president of Menlo Energy Economics and publisher of the newsletter EEnergy Informer. State  lawmakers have even introduced new bills that go much further, requiring all new buildings to be equipped with solar power, and taking the State to 100% renewables. … [Read more...]
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