Majority of UK businesses unaware of support available to improve energy performance

This is quite a worrying concern. A survey of 503 UK businesses shows that 62% are unaware of government energy efficiency supports, with 47% deterred by cost concerns from investing in green upgrades. Dimitris Mavrokefalidis discusses the survey in an article on the Energy Live News website. Have you found the same level of awareness … Continue reading Majority of UK businesses unaware of support available to improve energy performance

New rules will force U.S. firms to divulge role in warming the planet

US regulators approve significantly scaled back climate disclosure rule.  In an article on The Conversation website Sehoon Kim, Assistant Professor of Finance, University of Florida, discusses why the requirements are weaker and what they mean for companies. For those of you wanting more, the Financial Times reports (behind a paywall) that ten US states petitioned … Continue reading New rules will force U.S. firms to divulge role in warming the planet

Energy in Demand News, March 3, 2024

The bad news from the IEA this week is that, globally, CO2 emissions increased by 410 million tonnes, or 1.1%, in 2023. The good news from the IEA is that global energy-related CO2 emissions rose less strongly in 2023 than the year before even as total energy demand growth accelerated.  IEA analysis shows that the … Continue reading Energy in Demand News, March 3, 2024

New report discusses the challenges that Bangladesh is facing to adapt to climate change

The south Asian country is a world leader in climate adaptation, but without more funding the country will struggle to protect its people, a report from the International Centre for Climate Change and Development (ICCCAD) warns. Thaslima Begum discusses the findings of the report in an article on the Guardian website.   Why Bangladesh is … Continue reading New report discusses the challenges that Bangladesh is facing to adapt to climate change

Energy in Demand News, February 11, 2024

In all the important climate and energy news this week, two developments stand out. In a case that has lasted 12 years, this week the climate scientist Michael Mann won his defamation lawsuit against two conservative writers who compared his depictions of global heating to the work of a convicted child molester. “I hope this … Continue reading Energy in Demand News, February 11, 2024

British multinational oil and gas company Shell is counting discredited carbon credits towards its climate goals

The oil and gas giant offset part of its emissions with over a million credits from Chinese projects suspended because of integrity concerns. Matteo Civillini discusses latest developments in an article on the Climate Home News website.   “Shameful”: Shell uses carbon credits under investigation to meet climate targets Oil and gas giant Shell is … Continue reading British multinational oil and gas company Shell is counting discredited carbon credits towards its climate goals

Energy in Demand News, February 4, 2024

This week the European Commission will propose the new level of ambition for GHG emissions reductions it considers necessary for 2040. The Financial Times (behind a paywall) notes that the EU’s climate chief, Wopke Hoekstra, “has warned the bloc must not be lured into a “false narrative” that action against global warming is undermining the … Continue reading Energy in Demand News, February 4, 2024

The coming months will determine if COP29 will be a success and whether benefits will trickle down to vulnerable communities in developing countries

Evans Njewa, chair of the Least Developed Countries group and an official in Malawi’s environment ministry, writes on the Climate Home News website argues that rich nations always say they need their parliaments approval for climate finance at COPs – now is the time to start   For Cop29 to succeed, rich nations must get … Continue reading The coming months will determine if COP29 will be a success and whether benefits will trickle down to vulnerable communities in developing countries

Energy in Demand News, January 21, 2024

The EU taxonomy is a cornerstone of the EU’s sustainable finance framework and an important market transparency tool. It is designed to help direct investments to the economic activities most needed for the transition, in line with the European Green Deal objectives. Controversially, nuclear and gas activities are included, prompting legal challenges by some NGOs … Continue reading Energy in Demand News, January 21, 2024

Concerns about the new UN carbon market

Renewable energy schemes make up four-fifths of Kyoto-era projects hoping to keep selling offsets under Article 6, sparking concerns over the credibility of the new market. Matteo Civillini discusses latest developments in an article on the Climate Change News website.   Junk offset sellers push to enter new UN carbon market Developers are trying to … Continue reading Concerns about the new UN carbon market