The bravest recovery strategies will invest robustly in new yet-to-take-off clean energy technologies. If you are going to have to spend hundreds of billions to revive your economy isn’t it better to replace the old with the new rather than prop up what you’ll have to abandon soon anyway? In anticipation of that happening, new technologies are lining up. Here, CĂ©dric Philibert at the IFRI Centre for Energy & Climate summarises their detailed … [Read more...]
New EU Industrial Strategy focuses on emissions, but is it enough?
This month the European Commission released its new EU Industrial Strategy to set the direction of travel for the EU economy in the context of the European Green Deal. Energy-intensive industries - like steel, cement, aluminium, paper and chemicals - account for roughly 17% of EU emissions and have struggled to reduce them in recent years. But Johanna Lehne at E3G doubts the strategy is enough to meet the ambition of becoming the first … [Read more...]
Don’t wait for international agreements. Sector-wide action can accelerate the Transition
December’s COP25 in Madrid showed how difficult it is proving to get agreement between nations on how to ramp up the deep decarbonisation the world needs. David Victor at the University of California, San Diego, writing for Rocky Mountain Institute, accepts that international consensus is never going to be easy. Instead, he recommends that individual sectors take control of their destiny. His co-authored report “Accelerating The Low Carbon … [Read more...]
China’s industry: Deep decarbonisation progress and challenges
Across the world, industry is regarded as a hard-to-decarbonise sector, and an emissions priority. In China it’s responsible for over 65% of its energy consumption and 70% of carbon emissions. Ji Chen and Shuyi Li of the Rocky Mountain Institute (RMI) look at the highlights of China’s efforts, and reference them against the RMI’s Reinventing Fire: China analysis. Efficiency, electrification, CCUS, hydrogen and “recycle and reuse” all play an … [Read more...]
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