New report from EIB on what drives firms’ investment in climate change

The European Investment Bank has recently published its most recent EIB investment survey. From extreme heatwaves and wildfires to in North America to the deadly flooding in Western Europe and Asia in 2021, the dramatic rise in catastrophic weather events has repercussions for firms. At the same time, cutting emissions sufficiently to limit global warming … Continue reading New report from EIB on what drives firms’ investment in climate change

Modernisation of Energy Charter Treaty seen as “a real threat” to the landmark Paris climate agreement

The members of the Energy Charter Treaty on Friday struck a deal to “modernise” the energy charter treaty. The 1994 agreement allows investors to sue governments for changes in energy policy that harm their profits. The compromise agreement, which was largely designed by the EU, reduces the protection afforded to companies that have invested in … Continue reading Modernisation of Energy Charter Treaty seen as “a real threat” to the landmark Paris climate agreement

Swedish auto-manufacturer Volvo Trucks has started testing long-haul trucks powered by hydrogen fuel cells that only emit water vapor

The company hopes to start selling them by the end of the decade. The Volvo Trucks press release said that the current limited supply of green hydrogen, as well as hydrogen fuelling infrastructure, remained challenges for the technology. Ethan Freedman discusses latest developments in an article on The Independent website.   Volvo unveils hydrogen-powered trucks … Continue reading Swedish auto-manufacturer Volvo Trucks has started testing long-haul trucks powered by hydrogen fuel cells that only emit water vapor

Clean energy funding to surge 12% in 2022, remains insufficient

Global energy investment is set to increase by 8% this year, the energy forum has estimated. Dimitris Mavrokefalidis discusses the IEA report on the Energy Live News website. The report is available here.   IEA: “Capital spending is insufficient to tackle the energy and climate crises” The current level of global capital spending is still … Continue reading Clean energy funding to surge 12% in 2022, remains insufficient

A review of recent studies has ruled out hydrogen playing a major role in the heating of buildings

Investigations repeatedly find that H2 will prove to be too expensive and inefficient compared to other clean alternatives such as heat pumps. In an article on the RECHARGE website, Leigh Collins discusses the findings of a total of 18 independent studies.   Revealed | What 18 independent studies all concluded about the use of hydrogen … Continue reading A review of recent studies has ruled out hydrogen playing a major role in the heating of buildings

New DNV report predicts that the amount of hydrogen in the energy mix will be only 0.5 percent in 2030 and 5 percent in 2050

Robin Whitlock discusses the new DNV Hydrogen Forecast to 2050  in an article on the Renewable Energy Magazine website, noting that while it has a crucial role to play in global decarbonisation, update will be too slow without urgent, significant, policy interventions. DNV forecasts hydrogen to meet a third of what is required for Paris … Continue reading New DNV report predicts that the amount of hydrogen in the energy mix will be only 0.5 percent in 2030 and 5 percent in 2050

The challenges to making steel more sustainably

The wonder material is single-handedly responsible for almost 10% of global warming — but solutions for cleaning up steel are expensive and hard to scale. Ajit Niranjan discusses those options in an article on the Deutsche Welle website.   Making steel without damaging the climate It's a building block of modern life and is both … Continue reading The challenges to making steel more sustainably

There is a need to cut emissions of methane and other climate pollutants: focusing soley on reducing fossil fuel emissions is not enough

Scientists warn we need to cut our emissions of short-lived climate pollutants. Maryam Zakir-Hussain discusses in an article on The Independent website.   Slashing CO2 emissions isn't enough to prevent climate catastrophe, study warns Reducing carbon dioxide emissions is not enough to prevent devastating effects of global warming, a new study warns. But cutting the … Continue reading There is a need to cut emissions of methane and other climate pollutants: focusing soley on reducing fossil fuel emissions is not enough

No matter if your concern is financial, environmental or health-related, there are plenty of reasons to worry about the plastics industry

Declining market share and increased governmental and public pressure should sway the plastics industry toward more sustainable practices, a recent report says. Ethan Freedman discusses in an article on The Independent website.   ‘This industry is an environmental disaster’: Experts warn EU plastics industry to evolve - or die Declining market share and increased regulation are threatening … Continue reading No matter if your concern is financial, environmental or health-related, there are plenty of reasons to worry about the plastics industry

Without adequate funding, meeting Britain’s net zero target is doomed

In an article on The Conversation website, Keith Baker, Researcher in Fuel Poverty and Energy Policy, Built Environment Asset Management (BEAM) Centre at Glasgow Caledonian University argues why the UK government needs to come up with a clear funding plan if long-term climate and energy objectives are to be met. This is not just a … Continue reading Without adequate funding, meeting Britain’s net zero target is doomed