Energy in Demand, July 7, 2024

The Financial Times columnist, Martin Wolf, argued this week (behind a paywall) that market forces are not enough to halt climate change. He notes that our efforts to decarbonise are going poorly. Furthermore, people just do not want to pay the price of decarbonising the economy. In explaining the global rise in electricity from fossil fuels he writes: “The explanation for this explosive rise in electricity generation is the desire of people and businesses in emerging and developing countries to enjoy the energy-intensive lifestyles of high-income countries. Since the latter have no intention of giving these up, how can they complain? . . . we have to recognise that so far, for all the talk, emissions are not falling and so both stocks of greenhouse gases in the atmosphere and global temperatures are rising.” His final words are sobering: “A hundred years from now, people are likely to remember our era as the time when we knowingly bequeathed a destabilised climate. The market will not fix this global market failure. But today’s political fragmentation and domestic populism make it almost inconceivable that the needed courage will be forthcoming either. We talk a lot. But we find it effectively impossible to act on the needed scale. This is a tragic failure.” And the answer?

In the context of COP29 in Azerbaijan in November, there is a global call to the UNFCCC to include cultural heritage, the arts and creative sectors in climate policy.  Talia Smith-Muller writes on the Berklee Online website about a selection of songs about climate change and the environment.

In planning travel over the upcoming weeks, here is some useful news to help you along:

Pearl S. Buck (1892-1973) an American writer and novelist, best known for The Good Earth, which won her the Pulitzer Prize in 1932, tells us how to enjoy work: “The secret of joy in work is contained in one word – excellence. To know how to do something well is to enjoy it.”

EiD welcomes your views about this week’s selection of posts on the zero-carbon energy transition:

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