“Pension savers and the general public are being misled when it comes to sustainable finance”

An investigation led by Voxeurop in partnership with the Guardian and other media partners finds EU-regulated funds touting ethical credentials include fast fashion labels and fossil fuel companies. Ajit Niranjan, Giorgio Michalopoulos and Stefano Valentino discuss the findings of the investigation in an article on the Guardian website.   EU-regulated ‘sustainable’ funds invest £14bn in … Continue reading “Pension savers and the general public are being misled when it comes to sustainable finance”

Energy in Demand News, June 23, 2024

There is more evidence that the corporate world is dropping or missing goals to cut GHG emissions. In an article in the Financial Times (behind a paywall), it is mentioned that large corporations such as Unilever, the Bank of America and Shell have “in the past year dropped or missed goals to cut emissions or … Continue reading Energy in Demand News, June 23, 2024

Canada’s push against greenwashing is working

Efforts to stop companies from spreading misinformation in Canada about their impact on the climate and environment appear to be taking hold. An alliance of tar sands producers (often called oil sands) have removed online content citing "significant uncertainty" over the federal government's anti-greenwashing legislation. Nia Williams and Ismail Shakil discuss latest developments in an … Continue reading Canada’s push against greenwashing is working

Spain’s energy transition: “We need to engage more people and more industries in demand-side management”

Guy Hedgecoe writes on the BBC news website about Spain’s growing renewable energy industry with concerns within the electricity industry caused by an imbalance between supply and demand with, at times, a surplus of electricity.   Too much of a good thing? Spain's green energy can exceed demand The patchwork plains of Castilla-La Mancha, in … Continue reading Spain’s energy transition: “We need to engage more people and more industries in demand-side management”

Energy in Demand News, June 16, 2024

No one said the zero-carbon energy transition would be easy. The world faces a “staggering” surplus of oil equating to millions of barrels a day by the end of the decade, according to the IEA. Growth in the world’s demand for oil is expected to slow in the coming years as energy transitions advance. At … Continue reading Energy in Demand News, June 16, 2024

Reaching net zero emissions across the economy is a technological and social challenge we must approach head-on

Katherine Woodthorpe, president of the Australian Academy of Technological Sciences and Engineering writes on the Guardian website, providing an important message that every year we delay rapidly reducing our emissions creates a more dangerous and less prosperous world.   Falling short of ambitious emissions targets isn’t failure – but rushing towards 2C of heating is … Continue reading Reaching net zero emissions across the economy is a technological and social challenge we must approach head-on

New report shows countries can triple climate ambition by COP30

If governments reflect today's rapid technological progress and existing national, industry and COP28 commitments when setting new climate targets according to a new report by the Energy Transition Commission in a news item on the PR Newswire website.   Energy Transitions Commission says countries can triple climate ambition by COP30 In its latest briefing, Credible … Continue reading New report shows countries can triple climate ambition by COP30

Provisional EEA data on CO2 emissions from new cars and vans in 2023 in Europe

Average CO2 emissions from all new cars registered in Europe in 2023 continued to decrease and were 1.4% lower than in 2022, according to new provisional data published this week by the European Environment Agency. Similarly, average CO2 emissions from new vans continued to fall, and were 1.6% lower than in 2022. The reductions in … Continue reading Provisional EEA data on CO2 emissions from new cars and vans in 2023 in Europe

Energy in Demand News, June 9, 2024

Global investors are turning their backs on sustainability-focused stock funds. The Financial Times (behind a paywall) reports that they cite poor performance, scandals and attacks from US Republicans. “Clients have withdrawn a net $40bn from environmental, social and governance (ESG) equity funds this year, according to research from Barclays, the first year that flows have … Continue reading Energy in Demand News, June 9, 2024

The airline industry is becoming an outlier as the race to slash emissions hits turbulence

Christopher Jasper writes on the Telegraph website about how airline executives are increasingly worried about achieving the goal of reaching net zero emissions by 2050. Are you confident they will achieve net zero?   Why aviation chiefs fear net zero could cripple air travel When airlines pledged to slash carbon emissions in 2021, executives were … Continue reading The airline industry is becoming an outlier as the race to slash emissions hits turbulence