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”
Category: climate finance
The road to COP29: EU foreign affairs ministers want fossil fuel industry to pay for fighting climate change in poorer countries
EU foreign affairs ministers met earlier this week and argued that the fossil fuel industry needs to play a bigger role in addressing climate change. In an article on the Reuters website, Kate Abnett discusses the views of EU ministers. Fossil fuel sector should pay climate finance, EU ministers say The fossil fuel industry … Continue reading The road to COP29: EU foreign affairs ministers want fossil fuel industry to pay for fighting climate change in poorer countries
Energy in Demand News, March 10, 2024
The World Trade Organization's Thirteenth Ministerial Conference (MC13) recently took place in Abu Dhabi (February 26-March 2). In its energy update, the International Institute for Sustainable Development (IISD) wrote that “fossil fuel subsidy reform conversations have made marked progress at the WTO. Last week, the Fossil Fuel Subsidy Reform initiative—comprised of 48 members—delivered a new … Continue reading Energy in Demand News, March 10, 2024
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
Energy in Demand - Sustainable Energy - Rod Janssen 