Can a state be held liable for failing to protect its citizens from the consequences of climate change? By answering this question in the affirmative on Tuesday, April 9, the European Court of Human Rights (ECHR) handed down an unprecedented decision. This ruling should set a precedent in the 46 member states of the Council … Continue reading Switzerland’s condemnation by the ECHR is a valuable development in the fight against global warming
Category: climate change
Europe needs €800bn to meet 2030 climate targets, says industry
The Brussels-based European Round Table for Industry this week published two new reports by the Boston Consulting Group that lay out the state of play and articulate the challenges in Europe’s energy transition. As the countdown continues to the European elections and appointment of the next European Commission later this year, the European Round Table … Continue reading Europe needs €800bn to meet 2030 climate targets, says industry
Banks made big climate promises but a new study doubts they work
Using European Central Bank lending data, researchers said there was not evidence that voluntary commitments were effective in reducing emissions. Hundreds of banks, insurers and asset managers vowed to plow $130 trillion in capital into reducing carbon emissions and financing the energy transition as they introduced the Glasgow Financial Alliance for Net Zero. But a … Continue reading Banks made big climate promises but a new study doubts they work
Energy in Demand News, April 7, 2024
The Financial Times (behind a paywall) anticipates that the AI revolution will be a boon for natural gas, according to fossil fuel bosses. “AI’s soaring energy needs will rise well beyond what renewable energy and batteries can deliver, executives argue, making more planet-warming fossil fuel supplies crucial even as governments vow to slash their use.” … Continue reading Energy in Demand News, April 7, 2024
UN’s new “loss and damage” fund off to slow start
Demand for finance to pay for the aftermath of climate impacts is rocketing – but progress on getting a new UN loss and damage fund up and running is slow. Laurie Goering discusses latest developments in an article on the Climate Change News website. Expectations mount as loss and damage fund staggers to its … Continue reading UN’s new “loss and damage” fund off to slow start
“If we are to have any chance of reaching the Paris Agreement goals, we will have to reward those who play the game and penalize those who do not”
In an article on the Le Monde website, finance expert Laurent Babikian proposes rewarding companies who make efforts to decarbonise and penalizing those who don't. What are your views? Climate: 'The most effective way of reaching the Paris Agreement would be variable price business models' To achieve the Paris Agreement, greenhouse gas emissions (GHG) … Continue reading “If we are to have any chance of reaching the Paris Agreement goals, we will have to reward those who play the game and penalize those who do not”
How industry can address the challenges of the energy transition
By upgrading their energy strategies, industrials can reduce energy costs, accommodate market volatility, and achieve ambitious decarbonization targets. In an article on the McKinsey website Mauro Erriquez, Alvaro Gonzalez, Diego Hernandez Diaz, and Humayun Tai describe how. Playing offense: Industrials staying ahead in the energy transition The recent market turmoil and ongoing challenges of … Continue reading How industry can address the challenges of the energy transition
EU to probe subsidies to Chinese solar panel manufacturers that have distorted European market
Nikolaus J. Kurmayer writes on the Euractiv website about whether subsidies allowed Chinese firms to submit unfair bids for the construction of a Romanian solar panel park. The probe reflects a hardening stance in Europe towards cheap Chinese imports, which the EU’s solar industry has blamed for the heavy losses and plant closures of several … Continue reading EU to probe subsidies to Chinese solar panel manufacturers that have distorted European market
“Ignore Energy Performance Certificate advice”: new Government policy?
The UK government has reversed its advice on improving the energy performance of buildings in order to increase the uptake of heat pumps. Andrew Warren writes on the Business Green website how the British Energy Efficiency Federation, of which he is Chairman, is questioning the analysis that led to the change in consumer advice. What … Continue reading “Ignore Energy Performance Certificate advice”: new Government policy?
Carbon Majors Update: Just 57 fossil fuel and cement producers linked to 80% of global fossil CO2 emissions produced since the Paris Agreement
On April 4th InfluenceMap published the new digital home for The Carbon Majors Database - the key international source of data on attribution of historical GHG emissions to the worlds' largest fossil fuel producers together with releasing a new report analysing the emissions data for these producers since the Paris Agreement. Matthew Carl Ives, Senior … Continue reading Carbon Majors Update: Just 57 fossil fuel and cement producers linked to 80% of global fossil CO2 emissions produced since the Paris Agreement
Energy in Demand - Sustainable Energy - Rod Janssen 