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Fossil Fuel divestment is premature: instead, enable investment to keep prices low, and tax consumption

April 12, 2022 by Schalk Cloete

We need to shift investment from fossil fuels to other climate-friendly energy sources, but it must be done more intelligently than we’re doing it today, says Schalk Cloete. The rapid global economic development needed to uplift the 86% of the world’s population currently living below $1,000/month is inextricably linked to the continued and timely growth in an abundant supply of affordable energy. It would be unjust – and probably futile – to … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: coal, demand, development, divestment, gas, growth, investment, oil, prices, supply, surpluses, transition

Eradicate global poverty, meet climate goals, by avoiding rich-world energy consumption patterns

September 10, 2021 by Jarmo Kikstra and Narasimha Rao

There is concern that eradicating poverty in the global south means their growing wealth and energy consumption will make our climate targets too hard to meet. Here, Jarmo Kikstra and Narasimha Rao, writing for Carbon Brief, explain that the energy needed to eradicate poverty is compatible with climate goals, provided that policymakers focus on delivering decent living standards, and not copying the affluence and habits of rich countries. Most … [Read more...]

Filed Under: Energy, Policies Tagged With: Africa, Asia, forecasts, GDP, growth, HDI, healthcare, housing, IPCC, LatinAmerica, nutrition, poverty, scenarios, transport

Carbon Tax: “laboratory” Europe shows U.S. it has no effect on aggregate jobs, growth

January 31, 2020 by Meredith Fowlie

The issue of carbon taxes is under debate in the U.S. Congress. The fear is a new tax will destroy jobs and hinder growth. Will it? Meredith Fowlie at the Energy Institute at Haas says the U.S. should see Europe as a very useful carbon tax laboratory experiment: half the countries have some sort of tax, the other half don’t. She’s pulled together evidence to answer the simple question: does a carbon tax affect aggregate employment and growth. Her … [Read more...]

Filed Under: Energy, Oil, Gas & Coal, Policies Tagged With: Canada, carbontax, coal, Europe, gas, GDP, growth, jobs, oil, policies, US

Most read this week

  • U.S. Inflation Reduction Act: one year on, a summary of impressive progress in the energy transition by Hannah Perkins | posted on September 19, 2023
  • Oil & Gas business is fatally flawed: Russia-Ukraine only delayed the relentless decline in prices by Clark Williams-Derry | posted on September 21, 2023
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • Sodium-ion batteries ready for commercialisation: for grids, homes, even compact EVs by Carlos Ruiz | posted on September 11, 2023
  • Affordable €25k EVs by 2025: Europe’s carmakers can do it. Instead they’re making more profitable SUVs by Transport & Environment | posted on September 22, 2023
  • Industry’s EU ETS reforms and CBAM: how firms can turn the rising cost of carbon into competitive advantage by Pablo Ruiz | posted on September 25, 2023
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • Understanding the new EU ETS (Part 2): Buildings, Road Transport, Fuels. And how the revenues will be spent by Simon Göss | posted on February 6, 2023
  • Though the price shocks hurt, Renewables installed between 2021-23 saved Europe €100bn by Joe Myers | posted on September 18, 2023
  • Space-Based Solar Power: getting closer as SpaceX and Blue Origin bring down the cost of heavy-lift launches? by Matteo Ceriotti | posted on September 20, 2023
  • Concawe Symposium tackles climate and pollution as RED commits fuel companies to 29% renewable content from 2030 by Matthew James | posted on September 22, 2023
  • What’s best for Hydrogen transport: ammonia, liquid hydrogen, LOHC or pipelines? by Herib Blanco | posted on May 5, 2022
  • 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
  • Farming Algae for Carbon Capture: new research cuts “fouling.” Scale-up in 3 years? by David Chandler | posted on June 21, 2023
  • Germany plans for Carbon Capture in Industry: emissions, potentials, costs by Simon Göss | posted on September 15, 2023
  • The 10 big problems with simply replacing fossil cars with electric by Schalk Cloete | posted on December 6, 2021
  • 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
  • EU Carbon Removal Certification Framework: new rules to turn greenwashing into genuine removals by Simon Göss | posted on May 16, 2023
  • Agrivoltaics: GWs of solar power from farmland using strategically placed panels (and raising crop yields) by Joshua Pearce | posted on September 26, 2023

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  • Industry’s EU ETS reforms and CBAM: how firms can turn the rising cost of carbon into competitive advantage
  • Concawe Symposium tackles climate and pollution as RED commits fuel companies to 29% renewable content from 2030
  • Affordable €25k EVs by 2025: Europe’s carmakers can do it. Instead they’re making more profitable SUVs
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      Recent Posts

      Agrivoltaics: GWs of solar power from farmland using strategically placed panels (and raising crop yields)

      Industry’s EU ETS reforms and CBAM: how firms can turn the rising cost of carbon into competitive advantage

      Concawe Symposium tackles climate and pollution as RED commits fuel companies to 29% renewable content from 2030

      Affordable €25k EVs by 2025: Europe’s carmakers can do it. Instead they’re making more profitable SUVs

      Oil & Gas business is fatally flawed: Russia-Ukraine only delayed the relentless decline in prices

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