The energy transition is proving to be quite a challenge. This week, the New York Times (behind a paywall) wondered why the oil industry is booming. High prices and growing demand have helped US oil producers take in record profits despite global efforts to spur greater use of renewable energy and electric cars. The article … Continue reading Energy in Demand News, July 21, 2024
Category: decarbonisation
Is there a future for hydrogen?
Matt Oliver writes on the Telegraph website that hopes of a seamless transition to green hydrogen are crashing into economic reality. What are your views? How the West’s ‘absurd’ bet on hydrogen imploded Andrew “Twiggy” Forrest has been on something of a journey in recent years. The Australian billionaire, best known for making his … Continue reading Is there a future for hydrogen?
Energy in Demand News, July 14, 2024
Despite growing at an unprecedented rate last year, renewable energy sources are still not being deployed quickly enough to put the world on track to meet an international goal of tripling renewables by 2030, new data shows. According to figures published on Thursday by the International Renewable Energy Agency (IRENA), renewables are the fastest-growing source … Continue reading Energy in Demand News, July 14, 2024
“I think the challenge for new nuclear is that it is just expensive”
The Chairman of the Energy Transitions Commission says hydrogen or gas power with carbon capture and storage could help to keep the lights on but nuclear is simply too expensive. Writing in the Times website, Emma Powell discusses the views of Lord Turner, chairman of the Energy Transitions Commission, on the priority now being given … Continue reading “I think the challenge for new nuclear is that it is just expensive”
The emotional side of energy and climate policy
In an article on The Conversation website, Parker Muzzerall, PhD Candidate, Department of Sociology, University of British Columbia; Audrey-Ann Deneault, Assistant Professor, Department of Psychology, Université de Montréal; and Steve Lorteau, SJD Candidate, Faculty of Law, University of Toronto write about the important role of emotions in energy policy. What are your views? Emotions … Continue reading The emotional side of energy and climate policy
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 … Continue reading Energy in Demand, July 7, 2024
Blog by Stephen Davies: Natural gas is ‘clean’: unveiling the myth and proposing a sustainable alternative
The imperative to pivot toward sustainable energy practices has never been more critical, given the escalating climate emergency facing our planet. Against this backdrop, many are telling people that natural gas is a ‘clean’ alternative to conventional fossil fuels. However, this assertion skims over the complex, often detrimental environmental ramifications associated with its extraction and … Continue reading Blog by Stephen Davies: Natural gas is ‘clean’: unveiling the myth and proposing a sustainable alternative
For the EU to meet its climate goals, a strong policy push is needed to redirect financial flows towards transition financing
In a news item on the Euractiv website, a new report by the European Climate Neutrality Observatory provides the state of EU progress to climate neutrality, emphasising investment really needs to ramp up. EU needs to double investment to meet climate goals: report The European Union needs to double targeted investment to meet its … Continue reading For the EU to meet its climate goals, a strong policy push is needed to redirect financial flows towards transition financing
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
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
