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“Book and Claim”: how end consumers can pay distant producers for low carbon products

July 12, 2023 by Thomas Koch Blank, Laura Hutchinson, Oscar Hernandez, Esther Sicong Li and Alexandra Wall

In long logistical chains (found in steel, concrete, aviation, shipping and others) end consumers that want to pay a premium to cut their emissions (for example to comply with corporate decarbonisation promises) often have no way to pay the first link in that chain to go low-carbon. “Book and Claim” creates a market to do that. Consumers buy certificates, and producers get the money to fulfil the commitment. And a working system will bring to … [Read more...]

Filed Under: Energy, Industry, Transport and energy Tagged With: aviation, BookAndClaim, certificates, concrete, consumers, corporate, decarbonisation, efuels, emissions, investment, monitoring, regulations, SAF, shipping, steel

Russia’s oil export revenue rebounded in March–April. Why aren’t the EU, U.S. and partners enforcing the price cap?

June 30, 2023 by CREA

The Price Cap Coalition (PCC) - composed of Australia, Canada, the EU, Japan, the UK, and the U.S. – are failing to either enforce or lower the cap on Russian oil exports as promised, says a report summarised here from the Centre for Research in Energy and Clean Air (CREA). Had it done so, Russian revenues could have been slashed by €22bn (37%) since December by lowering the price cap for crude oil to $30/barrel and revising the caps for oil … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: australia, Canada, EU, Japan, monitoring, oil, PriceCapCoalition, prices, Russia, sanctions, tankers, UK, Ukraine, US

The U.S. is moving faster than the EU on Methane regulations. Why?

April 27, 2023 by Ben Cahill

Ben Cahill at the Center for Strategic and International Studies takes a deep dive into U.S. and EU progress on regulating methane emissions. It’s vitally important because methane has more than 80 times the warming potential of CO2 in its first 20 years in the atmosphere. In his assessment, Cahill explains why the U.S. is likely to move much faster than the EU. Unlike the U.S., the EU is a big importer of gas so needs its rules complied with by … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: EU, flaring, gas, imports, IRA, LDAR, legislation, methane, monitoring, MRV, oil, regulations, reporting, US, venting

Galway and Sofia lead in climate adaptation plans for European cities: new online tool to help others follow

April 3, 2023 by Diana Reckien, Attila Buzási, Marta Olazabal, Peter Eckersley, Sofia G Simoes, Monica Salvia, Filomena Pietrapertosa and Paris Fokaides

A new study assesses the most recent adaptation plans of 167 European cities. Six “principles” - evidence of impacts and risks; adaptation goals; adaptation measures; implementation; monitoring and evaluation; societal participation in plan creation – are used to quantify performance. The authors – Diana Reckien, University of Twente; Attila Buzási, Budapest University of Technology and Economics; Marta Olazabal, Basque Centre for Climate Change; … [Read more...]

Filed Under: Energy, Policies Tagged With: adaptation, Climate, erosion, EU, Europe, flooding, Galway, heatwaves, monitoring, Sofia, storms

Can new cheap, frequent “laser” monitoring of critical components extend Nuclear plant lifetimes by decades?

February 1, 2023 by David Chandler

For nuclear to thrive, rather than retreat and be displaced by alternatives, plants reaching the end of their lifetimes need to be replaced with new ones. Or, perhaps more interestingly, can the existing plants have their lifetimes greatly extended, safely and cheaply? David Chandler at MIT describes new research led by MIT to detect and measure defects in critical components to ensure that damage from heat and radiation has not led, and will not … [Read more...]

Filed Under: Energy, Nuclear Tagged With: corrosion, costs, defects, lifetimes, monitoring, Nuclear, plant, reactor, Testing

Swiss industry and science consortium on track to optimise hydropower production using satellite data

March 31, 2022 by Becky Rowland

The “Defrost for Hydropower” project combines SLF’s snow expertise with satellite imagery from Wegaw’s cutting-edge geospatial technology and Hydrique Engineers advanced modelling skills, in order to more accurately predict water flow into hydro dams up to 4 months in advance as well as hydrological inflows on a regional scale. … [Read more...]

Filed Under: Community, Platform Tagged With: hydroelectricity, hydropower, monitoring, production, renewable energy, satellite, sensors, snow, trading

Will COP26 set right the booming Carbon Offset Market

November 3, 2021 by Kerstine Appunn

Carbon offsetting is when a company, rather than cut its own emissions, pays someone else somewhere else to cut their emissions. It has always been controversial because it has two main problems. Buying carbon credits means you aren’t putting the effort in to cut emissions yourself. And the risk of double-counting: when the company reports it has cut emissions, and so does the “someone else”. A third problem exists too: measuring whether the … [Read more...]

Filed Under: Energy, Markets Tagged With: additionality, Article6, carbon, COP26, doublecounting, emissions, monitoring, NDCs, offsetting, Paris2050

Most read this week

  • 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
  • Sodium-ion batteries ready for commercialisation: for grids, homes, even compact EVs by Carlos Ruiz | posted on September 11, 2023
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • Agrivoltaics: GWs of solar power from farmland using strategically placed panels (and raising crop yields) by Joshua Pearce | posted on September 26, 2023
  • Concrete supercapacitor: works like a battery, much cheaper, easy to make by David Chandler | posted on September 27, 2023
  • 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
  • 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
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • Could big U.S. subsidies for Hydrogen create perverse incentives, raise emissions? by James Sallee | posted on September 29, 2023
  • Belgium: commercially viable Rooftop Solar for social housing. No installation subsidies, lower bills by Sven Van Elst | posted on September 28, 2023
  • Gravity Batteries: any nation can do it at scale using rocks by Simon Read | posted on July 27, 2022
  • What’s best for Hydrogen transport: ammonia, liquid hydrogen, LOHC or pipelines? by Herib Blanco | posted on May 5, 2022
  • The 10 big problems with simply replacing fossil cars with electric by Schalk Cloete | posted on December 6, 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
  • Farming Algae for Carbon Capture: new research cuts “fouling.” Scale-up in 3 years? by David Chandler | posted on June 21, 2023
  • Can Aluminium-air batteries outperform Li-ion for EVs? by Helena Uhde | posted on September 8, 2021
  • Though the price shocks hurt, Renewables installed between 2021-23 saved Europe €100bn by Joe Myers | posted on September 18, 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
  • Can we expect Gas price volatility and spikes this winter? Why? by Michael Bradshaw | posted on September 8, 2023
  • New AI model predicts 1.5C temperature rise is likely in 2030s even if emissions decline by Josie Garthwaite | posted on February 24, 2023

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  • Could big U.S. subsidies for Hydrogen create perverse incentives, raise emissions?
  • Belgium: commercially viable Rooftop Solar for social housing. No installation subsidies, lower bills
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  • Agrivoltaics: GWs of solar power from farmland using strategically placed panels (and raising crop yields)
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        Recent Posts

        Could big U.S. subsidies for Hydrogen create perverse incentives, raise emissions?

        Belgium: commercially viable Rooftop Solar for social housing. No installation subsidies, lower bills

        Concrete supercapacitor: works like a battery, much cheaper, easy to make

        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

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