Last Thursday we published this critique of the Energy Charter Treaty (ECT). Created in the 1990s, the ECT was designed to protect cross-border energy investments from political risk. Critics now say it is being used to protect fossil fuel investments in a world committed to phasing them out. Today, Andrei Belyi of energy consulting firm Balesene OU and Adjunct Professor in Energy Law and Policy at the University of Eastern Finland, who was named … [Read more...]
Zero U.S. power sector emissions by 2035, says Biden. How?
Joe Biden, the Democratic presidential hopeful, wants to reduce U.S. power sector emissions to zero by 2035. That’s more ambitious than Obama, and more than what Biden promised when campaigning to be the Democrat’s candidate. His emphasis has been on the jobs and investment a green economy will create – language that has more voter appeal than reversing emissions. Meredith Fowlie at UC Berkeley’s Energy Institute at Haas reviews the promises … [Read more...]
We need Behaviour Change and “Life Efficiency”, because efficiency gains and clean energy will never be enough
Behaviour change – reducing emissions by changing how we live our lives - should be part of every government and think tank’s sustainable scenario, explains Schalk Cloete. That’s because impressive advances in energy efficiency and clean energy won’t be enough to contain the emissions of a world continuing with the essential task of lifting billions of people out of poverty. But this should not be seen as a problem, says Cloete, because behaviour … [Read more...]
Buildings Efficiency: France must embed deep retrofits into its market
France’s energy efficiency ambitions for buildings are well off target. Buildings account for 28% of the nation’s emissions and they’ve hardly reduced since 1990 – only by 3%. It’s because of the lack of development of the buildings renovation sector, explains Andreas RĂĽdinger at IDDRI. Without it, there’s little chance of renovating 500,000 housing units per year and bringing the entire housing stock up to the "low-energy building" (BBC) … [Read more...]
Why savings from the 2009 Buildings Refits stimuli were poor. Let’s do better this time
“Shovel ready” buildings renovations and refits can play an important part in a nation’s economic recovery programme. It gets money straight into the pockets of manual workers doing the refits, across the whole country, cuts the energy bills of all (both low and high income households), and accelerates efficiency gains for meeting climate targets. But first we need to learn lessons from the U.S. renovation stimuli of 2009, says Meredith Fowlie at … [Read more...]
A Just Transition can address systemic inequality, not just clean energy jobs
For some, the concept of a Just Transition means more than re-skilling former coal workers. It’s an opportunity to reduce systemic inequality in their society. Energy costs represent a high portion of the spending of the poor, so any major overhaul of the energy system, like the Transition, can have a direct and positive impact on them. Writing for the Regulatory Assistance Project (RAP), Alice Napoleon, Donna Brutkoski and Nancy Seidman describe … [Read more...]
U.S.: Counting Renewables jobs and projects under threat, what can be done and why
All sectors across all economies are trying to add up their potential job losses and projects in jeopardy, then telling their governments to prioritise them for Covid lockdown support. Mike Jacobs at the Union of Concerned Scientists looks at renewables in the U.S. He quotes news reports that over 100,000 workers in this fast-growing industry filed for unemployment in March 2020. On top of that, the already planned expiry and phase-down of … [Read more...]
Carbon Tax: “laboratory” Europe shows U.S. it has no effect on aggregate jobs, growth
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...]
German Onshore Wind hit by residential regulations: will new profit-share rules help?
5.3 GW of newly installed capacity in 2017, 2.4 GW in 2018, 0.5 GW in the first nine months of 2019. Germany’s onshore wind power expansion has seen a dramatic slump. That’s completely against the trend in total renewables growth which saw its share of gross power consumption reached a record of almost 43% in 2019, up 5% on the previous year. Clearly, onshore wind is facing obstacles the other technologies aren’t, and that is the rules around how … [Read more...]
$7.87tn: the global green economy, by region, revenue, jobs, productivity
Economic data on the green economy in many countries can be difficult to come by. But it’s vitally important when convincing taxpayers that the investment is creating real turnover and real jobs. So Lucien Georgeson and Mark Maslin at UCL analysed massive databases to estimate global and country-by-country sales revenue and employment figures across 24 economic sub-sectors covering renewable energy, environmental protection, and low carbon goods … [Read more...]
Women facing barriers in the renewables workforce
Gender discrimination always matters. It should matter even more to the new green economy. Justice aside, barriers against half the workforce limit your talent pool. For a sector where "business as usual" guarantees failure we need to ensure the fairest selection processes from the widest possible pool as new jobs are created every day. But today’s energy sector has a bigger role to play. Energy is now arguably the 21st century’s “sector of … [Read more...]
Small Modular Reactors: interview with NuScale’s Jose Reyes
Dan Yurman has interviewed the co-founder and Chief Technology Officer of NuScale Power, Jose Reyes. NuScale designs and markets small modular reactors (SMRs). Its NuScale Power Module can generate 60 MW: small units, alone or combined, can suit a far wider range of energy demand than standard reactors that deliver hundreds of MWs at a minimum. The comprehensive interview covers international and U.S. developments, including plans to commence … [Read more...]
UK oil & gas keeps rising. Clean Energy blueprint can reverse it
In the UK the ÂŁ2.3bn (=$2.9bn / €2.6bn) in new oil and gas subsidies introduced since 2014 will state-fund the addition of twice as much carbon as its coal phaseout saves, says a new report “Sea Change: Climate Emergency, Jobs and Managing the Phase-out of UK Oil and Gas Extraction”. Can the UK call itself a climate leader if its existing policies push it over its emissions limits? It can, if you consider this: the UK took 16 years to become the … [Read more...]
Solar consumption and manufacturing: can Europe re-take the lead?
As a solar consumer Europe already plans to re-establish itself as a leader. European solar’s share of total consumption, 5% in 2018, is set to be 36% by 2050. There are three main drivers for progress: increasingly ambitious national targets, the rise of low-cost solar helped by the increase in CO2 costs, and digitalisation. But what about manufacturing? Practically all Europe’s solar cells are bought in cheaply from China and the Far East. … [Read more...]
Transforming Heating and Cooling creates jobs, new businesses
The UK has had great success in reducing emissions: down 43% overall since 1990. But, like most places, Heating and Cooling is struggling. Mark Woodward, of The Smart City Alliance and Nordic Heat, sets out a plan for progress, and includes lessons from Europe. The focus is on four core energy efficiency activities: reduce, recover, store and distribute. He explains how this also opens up new business models: in one town in Sweden chemicals firm … [Read more...]