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Message to environmentalists and the left: you can’t oppose both fossil investments and Carbon Pricing

January 13, 2023 by Catherine Wolfram

Environmental and social justice opponents of fossil investments need to think carefully about the consequences of preventing all forms of new fossil infrastructure and maintenance. As Catherine Wolfram at the Haas School of Business explains, if fossils are phased out faster than clean energy is phased in, consumer prices go up and the fossil firms profit. A carbon price – often opposed by the same U.S. “progressives” as a tax disproportionately … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: CarbonPrice, fossils, gas, investment, IRA, pipelines, prices, taxes

Doubling clean energy investments from “natural” redirection of existing spend on infrastructure, buildings, fossils +more

December 19, 2022 by Stephen Peake

Annual investments in clean energy stand at $1.4tn, now greater than investments in fossil fuels ($1tn). But that needs to double by 2030. This steep climb will be made easier by the natural cycle of global investment, as well as the cost-benefits of abandoning fossil fuels for renewables and greater efficiencies, says Stephen Peake at The Open University. Each year, around a quarter of our GDP is anyway spent on new machinery, buildings and … [Read more...]

Filed Under: Energy, Investment Tagged With: buildings, costs, efficiency, Environment, fossils, infrastructure, investment, renewables

Electricity market re-design should focus on the root cause of the crisis, Europe’s dependence on fossil fuels

September 12, 2022 by Bruce Douglas

Amidst the perfect storm of the pandemic, war in Ukraine, and extreme weather events, Bruce Douglas at Eurelectric urges us all not to lose focus on our decarbonisation targets. Energy savings, electrification and renewables are more important than ever to help reduce dependence on fossil fuels. Douglas explains that Europe’s electricity sector remains totally committed to the drive towards clean energy, citing examples. He summarises the … [Read more...]

Filed Under: Energy, Policies, Renewables Tagged With: decarbonisation, electricity, EU, Europe, fossils, gas, industry, markets, pandemic, renewables, Ukraine, weather

End Fossil Fuel subsidies by shifting them to poorer households

July 9, 2021 by Ludovic Subran and GĂĽnther Thallinger

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. It’s why public protest resisted the change in Ecuador and France in 2019. And developing nations … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: coal, costs, emissions, fossils, gas, inequality, oil, poverty, renewables, subsidies

Most read this week

  • Biofuel is approaching a feedstock crunch. How bad? And what must be done? by IEA | posted on January 23, 2023
  • EU ETS and CBAM: what the big update to emissions trading rules means for Europe’s key sectors by Simon Göss | posted on January 16, 2023
  • Can Aluminium-air batteries outperform Li-ion for EVs? by Helena Uhde | posted on September 8, 2021
  • Gravity Batteries: any nation can do it at scale using rocks by Simon Read | posted on July 27, 2022
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • EU Energy Outlook to 2060: how will power prices and revenues develop for wind, solar, gas, hydrogen + more by Alex Schmitt | posted on December 6, 2022
  • Europe needs a Regional Green Bank to fulfil its Green Deal and match the U.S. by Esmeralda Colombo | posted on January 20, 2023
  • Concrete: 8% of global emissions and rising. Which innovations can achieve net zero by 2050? by Ben Skinner | posted on January 24, 2023
  • How to sell Heat Pumps to the public in Europe by Helena Uhde | posted on January 19, 2023
  • Hydrogen production in 2050: how much water will 74EJ need? by Herib Blanco | posted on July 22, 2021
  • Twenty-first century energy wars: how oil and gas are fuelling global conflicts by Michael T. Klare | posted on July 15, 2014
  • What’s stopping even bigger Wind Turbines? Blade speed and flexing? More likely manufacturing and installation capacity by Simon Hogg | posted on January 18, 2023
  • What’s best for Hydrogen transport: ammonia, liquid hydrogen, LOHC or pipelines? by Herib Blanco | posted on May 5, 2022
  • Making Hydrogen will consume 2% of total global renewable capacity growth by 2027 by IEA | posted on January 17, 2023
  • EU energy ministers unable to agree on biofuels policy by Karel Beckman | posted on December 15, 2013
  • Why hydrogen fuel cell cars are not competitive — from a hydrogen fuel cell expert by Zachary Shahan | posted on June 17, 2016
  • Smart Glasses: experts can monitor and advise on power plant inspections anywhere in the world by Christoph Gatzen | posted on January 25, 2023
  • The 10 big problems with simply replacing fossil cars with electric by Schalk Cloete | posted on December 6, 2021
  • 2023 lookahead for Sustainable Finance: EU Taxonomy, ESG ratings, corporate disclosure laws, Europe’s “IRA” by Luca Bonaccorsi | posted on January 12, 2023

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Recent Posts

Make Hydrogen in developing nations: share prosperity while meeting our climate goals

Smart Glasses: experts can monitor and advise on power plant inspections anywhere in the world

Concrete: 8% of global emissions and rising. Which innovations can achieve net zero by 2050?

Biofuel is approaching a feedstock crunch. How bad? And what must be done?

Europe needs a Regional Green Bank to fulfil its Green Deal and match the U.S.

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