The IEAâs latest World Energy Outlook was published on Wednesday. This yearâs WEO-2021 is released earlier than usual to inform COP26 and, for the first time, is available for free to ensure the widest possible audience. Simon Evans at Carbon Brief offers his summary of the 386-page report, quoting relevant numbers and charts. He first points to the new scenario, Net-Zero Emissions by 2050 (NZE), as the IEAâs recognition that this is what … [Read more...]
Energy professionals: do you understand how the media works?
We energy professionals spend most of our time talking to each other. But, more than ever, climate change and the energy transition are headline news. Thatâs not just in the mainstream media but also within our industry journals and the policy-maker press. So, we need to understand how the media works. More specifically for many, we need to know how to handle our PR providers. Sean Crowley says itâs up to us to work more effectively with the … [Read more...]
Next German governmentâs climate and energy plans: what will Olaf Scholz do?
Olaf Scholz led Germany's Social Democrats (SPD) to an unexpected win in the 2021 elections held in September. He now needs to finalise a coalition with the Green Party and the pro-business FDP before forming a government and becoming chancellor. Like his predecessor Angela Merkel, Scholz has said he wants to become a "climate chancellor". Kerstine Appunn and Benjamin Wehrmann at Clean Energy Wire try to understand what his climate and energy … [Read more...]
Appliances and Equipment Efficiency Standards: energy savings rival total Wind & Solar generation
Donât underestimate the effect of Energy Efficiency Standards and Labelling (EES&L) programmes for appliances and equipment, says the IEA. In other words, the gradual tightening of efficiency rules for things like refrigerators, ACs, TVs, washing machines, cookers, vending machines and other electronics. In the nine countries and regions measured (including the U.S., the EU and China), EES&L programmes reduced electricity consumption by … [Read more...]
Giving car manufacturers e-fuel credits will slow the rise of EVs
Transport & Environment (T&E) explains why e-fuel credits should not be included in the EUâs CO2 standards for new cars. If they are, it would give carmakers the option to claim an ICE vehicle as low- or zero-emission. But carmakers have no control over what fuel their customers put in their cars, making the regulation impossible to monitor. That opens the door to double-counting emission reductions with other existing regulations (Fuel … [Read more...]
Decommissioning coal, oil, gas: how funds can buy and retire the assets
Companies that want to retire their CO2-emitting assets (coal, oil, gas) can struggle to afford the cost of the decommissioning process. Brad Handler and Morgan Bazilian at the Payne Institute for Public Policy, writing for the World Economic Forum, explain how the creation of a new financial instrument, the 'carbon retirement portfolio' (CRP), could be a solution. In essence, itâs simple. Investors create a fund that buys the asset and takes the … [Read more...]
Only Carbon Removal can make Germanyâs new climate goal a reality
Germany canât hit its emissions targets without significant carbon dioxide removal (CRD), explain Simon Göss and Hendrik Schuldt at cr.hub. Clean energy and energy efficiency wonât do it alone. Policymakers have grasped that hard-to-abate sectors (industry, agriculture, buildings, transport) will struggle to deliver the reductions needed. Meanwhile, the climate disasters (floods, wildfires, etc.) that have cost lives this year are piling on … [Read more...]
Electric Micromobility: how to cut emissions, create jobs and transform urban transport
What if e-bikes, electric scooters and electric skateboards were added to walking and cycling in our attempts to reduce emissions through behaviour change? Itâs a promising solution for all those people who genuinely want to reduce their emissions but donât want the extra exercise. Quoting from their report, Jennifer Dungs at EIT InnoEnergy looks at the gains to be made, along with a valuable reduction in city congestion. Micromobility is still … [Read more...]
CBAM needs universal adoption of methods for measuring carbon intensity
Europe needs to account for the emissions of imported goods. That cannot happen without the international agreement on standards and certification systems for the carbon intensity of all steps in the value chain for all relevant products. Dolf Gielen and Francisco Boshell at IRENA and Massamba Thioye at the UNFCCC explain that several such systems exist around the world, but they need to be harmonised and widely adopted to truly reflect what is … [Read more...]
Record global power sector emissions by 2022, because Renewables arenât growing fast enough
The IEA is forecasting that renewables will cover only half the projected increase in global electricity demand in 2021 and 2022. Despite renewablesâ impressive growth, coal and gas will be needed to cover the rest. That means emissions will rise to record levels. That will be the reverse of the IEAâs (and many othersâ) âRoadmap to Net Zero by 2050â pathway, where three-quarters of global emissions reductions between 2020 and 2025 come from the … [Read more...]
EU: Slow-moving CO2 targets for cars put EV battery boom at risk
Europeâs battery manufacturers are positioning themselves to be global leaders. Their project pipeline will be enough to power a new European car fleet that is 75% battery-electric by 2030. Thatâs 38 European gigafactories by 2030 (fully funded, part-funded and proposed), âŹ39.5 billion worth in investments, creating 44,000 direct factory jobs. But existing CO2 emissions cut targets imposed on car manufacturers â a leading driver of demand for … [Read more...]
‘Fit for 55’ should prioritise decarbonisation of laggards: buildings, transport, industry, agriculture
Todayâs long-awaited "Fit for 55" legislative package from the European Commission will trigger intense and difficult negotiations that will last two years, says Nicolas Berghmans at IDDRI. Its scope is wide and inevitably interconnected. The twelve legislative proposals include adjustments to existing measures (renewable energy, energy efficiency, carbon market/EU ETS, energy taxation, climate effort sharing between Member States/ESR, land use … [Read more...]
UK: exposing the gap between ambitious climate laws and actual policies
Like many nations, the UK has big gaps between what is actually needed to reach net zero by 2050, what targets and ambitions have actually passed into law, and what policies are actually in place to comply with those laws. The UKâs climate watchdog, the Climate Change Committee (CCC), has issued two reports that measure the UKâs performance and makes recommendations, summarised here by Josh Gabbatiss at Carbon Brief. The first report focuses on … [Read more...]
End Fossil Fuel subsidies by shifting them to poorer households
In May, the environment ministers of the G7 agreed to end fossil fuel subsidies within this decade. Around $650 bn/year is spent worldwide on subsidising all energy sources, with the majority ($450bn) going to fossil fuels despite the climate crisis. But simply removing the subsidies has proven difficult. They keep energy costs low for consumers. Itâs why public protest resisted the change in Ecuador and France in 2019. And developing nations … [Read more...]
What if Carbon Capture fails? Modelling the consequences and solutions
Most policy scenarios being used by governments include carbon capture as a vital tool to reduce emissions. Though itâs far from proven at scale, models assume that between 2030 and 2050 carbon dioxide removal (CDR) will get its act together and deliver on its part in the net-zero puzzle. Assuming that will happen, burning fossil fuels can continue for longer. But Neil Grant and Ajay Gambhir at Imperial College London, writing for Carbon Brief, … [Read more...]
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