We should not be surprised to see a growing number of 100% renewables roadmaps, with target dates in the 2030s, from nations as the transition gains pace. This study, âOn the Road to 100 Percent Renewablesâ led by The Union of Concerned Scientists (UCS), details how the 24 states that make up the members of the U.S. Climate Alliance (USCA) can meet all of their electricity needs with renewable energy by 2035. Paula Garcia at UCS summarises the … [Read more...]
Lifting 3.6bn people out of poverty would raise global emissions by 18%
One criticism of the energy transition is that efforts made by the rich world will be negated by the rise in wealth and consumption in the developing world. A new study puts figures on that expected increase in emissions. Eradicating all âextreme povertyâ â by raising hundreds of millions above the US$1.90 per day threshold â would drive up global carbon emissions by less than 1%. Lifting 3.6 billion people over the poverty line of US$5.50 per … [Read more...]
The right â and wrong â way to design a behind-the-meter Battery pilot
Hereâs a story on how not to design a pilot project. The point of any pilot is to serve as the basis for larger rollouts. They should also be designed to maximise benefits. Joseph Daniel at the Union of Concerned Scientists describes how a U.S. utility in Michigan tried to create a pilot for behind-the-meter small-scale home storage. They wanted to invite anyone to apply to join. The problem was the likely applicants would be wealthy home owners. … [Read more...]
Buildings: France and Flanders lead on decarbonising new builds
Buildings are responsible for 36% of total EU carbon emissions. So, since the start of 2021 European legislation requires all new buildings to be ânearly zero energyâ. The frontrunners are France and Flanders in Belgium, according to a new report from the Buildings Performance Institute Europe (BPIE), writes Clare Taylor. Both jurisdictions have plans for phasing out fossil fuels in new buildings within five years. Taylor explains how Flanders … [Read more...]
Net-Zero world: calculating the cost of stranded assets, including wrong-skilled âhuman capitalâ
Most calculations of the costs of stranded assets abandoned and replaced by the net-zero economy have been missing the biggest element: human capital. Itâs not sufficient just to total up the assets and supporting infrastructure for coal, gas, old-style buildings, machines, vehicles, etc., says Dan Chester at Lancaster University and co-author of the paper âStranded Human and Produced Capital in a Net-Zero Transitionâ. Worker output is not only … [Read more...]
COP26 accepted the science like never before. It should make a difference
Leading scientists, writing for Carbon Brief, explain how COP26 gave far greater recognition to science than any of the previous COPs. The scientific evidence from the latest IPCC reports was explicitly acknowledged in the Glasgow Climate Pact. That is a significant advance, say the authors. Decision-making guided by science can focus quantitively on carbon budgets, temperatures, climate change, the causes, and therefore the emissions-reductions … [Read more...]
Politicians need net-zero scenarios that include socio-economic obstacles and solutions
Standard net-zero scenario modelling carefully analyses the possible impacts of technological solutions and their obstacles. What theyâre missing is the detailed analysis of the socio-economic impacts of these scenarios on the lives of citizens. That means jobs, incomes, energy bills, air quality, and regional economic performance. In other words, the politics on the ground. Misunderstood, and perfectly sensible pathways will come up against … [Read more...]
IEA WEO 2021 message to COP26: 40% of clean energy goals will cut costs
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...]
Donât let high gas prices stop the EU ETS from doing its real job
The EU ETS carbon price reached a high of over âŹ60 per tonne in September. Some are arguing that its role in the current gas price crisis is a reason why it should be reined in. But Milan Elkerbout at CEPS Policy Insights explains that the EUA (European Union Allowance) has multiple purposes. It is an incentive to invest in low-carbon solutions such as renewables, efficiencies and new methods. The sooner we pass the cost hurdle of integrating … [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...]
Why expensive Buildings Renovations? By the time theyâre done the grid will be emissions-free
The big budgets being talked about for the transition require us to decide how much to spend, and on what. Maximilian Auffhammer at the Energy Institute at Haas explains why he thinks a lot of the money being earmarked for buildings renovations would be better spent elsewhere. By the time the renovation wave has successfully âreached the shorelineâ in the next few decades buildings will be powered overwhelmingly by clean grids (thatâs the plan, … [Read more...]
California: Designing electricity rates that are fair and encourage EV and Heat Pump take-up
Electricity prices in California are not fair and not good for incentivising electrification, says James Sallee at the Energy Institute at Haas, because of the way people are being billed. There is no doubt that electrification (grid upgrades, etc.) and climate mitigation (including controlling Californiaâs wildfires caused by power cable failures) must add to the cost of transition. But Californians can now find themselves paying up to twice the … [Read more...]
Five practical steps Oil & Gas can take to accelerate their energy transition
The Oil & Gas sector has a role to play in the energy transition, and not just by winding down operations. Thatâs because they will, by most projections, continue to be a major part of the energy mix through to 2050. But their activities must transition too, explain Bart Valkhof, Pedro Gabriel Gomez Pensado and Wan Sayuti at the World Economic Forum. The sector must therefore work out which strategies and investments can produce the lowest … [Read more...]
Coal Phase-Out in Central Europe: cooperation is better than law suits
On Monday (February 22nd 2021) the Czech government announced their intention to file a lawsuit in the EU Court of Justice against Polandâs plan to âexpand the miningâ at Turow, saying it can endanger the drinking water for up to 30,000 people living in the Liberec Region. Frank Umbach at EUCERS argues such a lawsuit sets a dangerous precedent that could stand in the way of regional cooperation and achieving the EUâs climate goals. Instead, the … [Read more...]
Low gasoline prices create a window for tax changes to fund energy transitions
Low crude oil and gasoline prices create an opportunity for all governments to reform the way they tax or subsidise these important fuels. In general, richer importing nations have high gasoline taxes to generate substantial revenues. Poorer nations subsidise them to cut the bill for their citizens and industries. Oil producing nations do little of either. Domenico Lattanzio and Alexandre Bizeul at the IEA explain how nations that use subsidies … [Read more...]
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