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The Nordic Code: offsetting should be used to exceed, not meet, net-zero targets

July 14, 2022 by Kenneth Möllersten, Hanna-Mari Ahonen and Lars Zetterberg

Kenneth Möllersten and Lars Zetterberg at IVL Swedish Environmental Research Institute and Hanna-Mari Ahonen at Perspectives Climate Research explain the main issues around the draft “Nordic Code of Best Practice for Voluntary Compensation of GHG”, published for consultation in June, which synthesises the most ambitious best practices for the voluntary use of carbon credits, including for offsetting. Focussing on non-state actors, the Nordic Code … [Read more...]

Filed Under: Energy, Policies Tagged With: accounting, CarbonCredits, emissions, ghg, NDC, netzero, offsetting, standards

China: decoupling GDP growth from rising emissions

April 12, 2021 by Dolf Gielen, Paul Durrant and Nicholas Wagner

To set up this week’s important online event (Tuesday 13th & Wednesday 14th April) “China: Carbon Neutral by 2060 -EFFICIENCY FIRST” we have an overview of China’s energy transition. Everyone agrees its performance is critical for the world to achieve the global goal of limiting warming to 1.5C by 2050. China made significant progress in 2020 with policy frameworks, renewable capacity additions and EVs, but it also added 38 GW of new … [Read more...]

Filed Under: Energy, Energy Outlooks, Renewables Tagged With: biomass, China, coal, decarbonisation, electrification, EVs, hydrogen, industry, NDC, renewables, transport

New net-zero pledges from China, US, EU and others can meet our climate goals, says UNEP. But


January 8, 2021 by Zeke Hausfather

Existing national commitments imply that today’s emissions will simply plateau, remaining only slightly below 2019 levels by 2030. However, according to the latest UN Environment Programme (UNEP) emissions gap report, the new commitments from China, the EU, Japan, South Korea, the UK, Joe Biden’s US and others are “broadly consistent” with the Paris Agreement’s 1.5C goal for 2050. But commitments aren’t policy, warns UNEP, and only real change … [Read more...]

Filed Under: Energy, Energy Outlooks, Policies Tagged With: CCS, China, emissions, EU, G20, Japan, NDC, Paris2050, SKorea, transport, UK, UNEP, US

Can emissions trading work without Article 6 of the Paris Agreement?

January 14, 2020 by Isabella Alloisio

Article 6 of the Paris Agreement creates the framework for mechanisms that will allow nations and sub-national actors to trade emissions. Executed correctly, it must raise ambitions and reduce total emissions. It must also ensure there is transparent and accurate accounting for emissions, with no double-counting. It made little progress at December’s COP25. This was partly due to some countries “insisting on accounting loopholes”, writes Isabella … [Read more...]

Filed Under: Energy, Policies Tagged With: COP25, COP26, emissions, EUETS, NDC, Paris2050, policies

UN Climate Summit seeks NDCs, LTSs with deep sectoral changes

September 23, 2019 by Lola Vallejo and Yann Robiou du Pont

To pile on the pressure over climate negotiations, the UN Secretary General Antonio Guterres is convening a special Climate Action Summit, starting today. Nations are being pressed to accelerate their ambitions and back them up with concrete and realistic plans. The summit will be focussed on six ‘action areas’: energy transition; industry transition; infrastructure, cities and local action; nature-based solutions; resilience and adaptation; … [Read more...]

Filed Under: Climate policy, Energy Tagged With: ClimateActionSummit, coal, finance, fossilfuels, Guterres, infrastructure, LTS, NDC, Thunberg, UN

Billions in private investment waiting for clearer action and guarantees from governments on pathway to 2050

January 8, 2019 by Marcela Scarpellini

Last month we reported how weak commitments by some EU states were putting a successful transition at risk. Marcela Scarpellini of right. based on science focuses on how this confusion impacts the funding of the transition, and the essential role of private investment. $16.5 trillion needs to be put into energy efficiency and low-carbon technologies by 2030 to hold the temperature increase below 2°C by 2050, says the IEA. Governments alone cannot … [Read more...]

Filed Under: Climate policy, Energy, EU Policy, Policies, Renewables Tagged With: 2050, climate change, COP24, Germany, Greenpeace, NDC, Paris Agreement, policy, private investment, transition

Most read this week

  • Critical Minerals: will there be enough to meet the 2050 net-zero emissions target? by Lilly Yejin Lee | posted on March 14, 2023
  • U.S. IRA: what can Europe do to stop its firms relocating to America? by Charles Wessner | posted on March 17, 2023
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • Germany: does the LNG infrastructure build-up deliver energy security or go too far? by Julian Wettengel | posted on March 13, 2023
  • Blending Hydrogen into the gas network: the challenges of pipeline fractures, faster flow rate + more by NREL | posted on March 10, 2023
  • Fulfilling U.S. wind and solar ambitions will use under 1% of its land (that’s less than the fossil fuel footprint) by Steve Clemmer | posted on March 16, 2023
  • What is the future of Woody Biomass in the EU energy mix? by Simon Göss | posted on March 21, 2023
  • Analysis: U.S. IRA subsidies put two-thirds of Europe’s battery production pipeline at risk by Transport & Environment | posted on March 9, 2023
  • What’s best for Hydrogen transport: ammonia, liquid hydrogen, LOHC or pipelines? by Herib Blanco | posted on May 5, 2022
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • Buildings “Energy Performance Certificates”: piloting new tools to ramp up renovations by Patricia Contreras Tejada | posted on March 20, 2023
  • 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
  • Hydrogen’s innovation pipeline: signals strong ahead of World Hydrogen Summit in Rotterdam, May 9-11, 2023 by Ian Shine | posted on March 21, 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
  • “Combustion” can make cathodes for lithium-ion batteries more cheaply, quicker, using less energy by Nancy Stauffer | posted on March 15, 2023
  • The 10 big problems with simply replacing fossil cars with electric by Schalk Cloete | posted on December 6, 2021
  • Germany is developing a strategy for Carbon Capture and Storage to meet its 2045 net zero target by Simon Göss | posted on February 23, 2023
  • Gravity Batteries: any nation can do it at scale using rocks by Simon Read | posted on July 27, 2022
  • Can Aluminium-air batteries outperform Li-ion for EVs? by Helena Uhde | posted on September 8, 2021
  • Electricity Market Design: how can reforms accelerate the transition and help cut energy prices? by Simon Göss | posted on February 13, 2023

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      Recent Posts

      What is the future of Woody Biomass in the EU energy mix?

      Silicon Valley Bank failed. Don’t blame the Climate Tech it backed

      Hydrogen’s innovation pipeline: signals strong ahead of World Hydrogen Summit in Rotterdam, May 9-11, 2023

      Buildings “Energy Performance Certificates”: piloting new tools to ramp up renovations

      U.S. IRA: what can Europe do to stop its firms relocating to America?

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