Heat pumps and solar thermal systems are keeping users all across Europe well in their comfort zones – physically, financially, and environmentally. The latest Coolproducts analysis reveals that 88% of European users are satisfied with the switch to renewable heating. Heat pumps perform successfully across Europe – New consumer analysis There is life beyond … Continue reading Heat pumps show there is life beyond gas boilers
Category: energy transition
New EEA briefing on role of environmental taxation in supporting Europe’s sustainability transitions
The European Green Deal acknowledges the crucial role of taxation in Europe’s sustainability transition. A new European Environment Agency (EEA) briefing, published this week, shows that revenues from environmental taxes can support transition investments but future revenue streams from these taxes will erode as European Union (EU) environmental and climate policy objectives are achieved. The … Continue reading New EEA briefing on role of environmental taxation in supporting Europe’s sustainability transitions
The price of European carbon allowances (EUAs) is not yet high enough to drive structural decarbonisation
With high energy prices dominating the political agenda and politicians in certain EU member states training their sights on the bloc's carbon market, there is one salient fact being missed in all the hubbub: ETS emissions likely increased by 6% in 2021, and are set to rise further again this year. Self-evidently, this means that … Continue reading The price of European carbon allowances (EUAs) is not yet high enough to drive structural decarbonisation
As climate stress tests become increasingly common, their findings and implications will reverberate across the entire financial industry
Ryan Riordan, Professor & Distinguished Professor of Finance, Research Director at the Institute for Sustainable Finance at Queen's University in Ontario discusses the value of stress tests in an article on The Conversation website. What is a climate stress test? A sustainable finance expert explains Imagine this: You take out a mortgage to purchase your … Continue reading As climate stress tests become increasingly common, their findings and implications will reverberate across the entire financial industry
Energy bills in the UK are nearly £2.5bn higher than they would have been if climate policies had not been scrapped over the past decade
Everyone is coping with rising energy prices, but recent research shows that scrapped climate policies over the past decade have had costly consequences. Tom Brook discusses in an article on the techradar website. Cutting green initiatives has added £2.5bn to UK energy bills Previous efforts to slash climate policies are now costing the average … Continue reading Energy bills in the UK are nearly £2.5bn higher than they would have been if climate policies had not been scrapped over the past decade
New Dutch government puts green hydrogen front and centre as part of its climate policy
Mirela Petkova writes on the Energy Monitor website about the priorities for the new government in the Netherlands. On the supply side, the focus will be on green hydrogen and possibly on nuclear power as well. The report does not discuss developments on energy demand. If any readers have insight into what is going on … Continue reading New Dutch government puts green hydrogen front and centre as part of its climate policy
New McKinsey report says reaching net zero is vital to avoiding the most catastrophic impacts of global heating and the transformation becomes more expensive the longer action is delayed
In a new report by McKinsey, the global management consulting company, they look at the economic transformation that a transition to net-zero emissions would entail—a transformation that would affect all countries and all sectors of the economy, either directly or indirectly. Damian Carrington discusses the report in an article on The Guardian website. McKinsey: … Continue reading New McKinsey report says reaching net zero is vital to avoiding the most catastrophic impacts of global heating and the transformation becomes more expensive the longer action is delayed
African nations continue to hold the unenviable position of being disproportionately vulnerable to climate change
Margaret Kadiri, Lecturer in Physical Geography at King's College London writes on The Conversation website about the challenges faced by African countries in addressing climate change. Africa faces an uphill battle against western emissions to combat climate change The UN climate summit COP26, held in November 2021, focused the world’s attention on the urgent need … Continue reading African nations continue to hold the unenviable position of being disproportionately vulnerable to climate change
The potential for pairing wind turbines with technology that captures carbon dioxide directly from the air and stores it in natural reservoirs under the ocean
The marine geophysicist David Goldberg, Lamont Research Professor at Columbia University writes on The Conversation website about how wind farms could help capture carbon and store it long-term. What are your views? Offshore wind farms could help capture carbon from air and store it long-term – using energy that would otherwise go to waste … Continue reading The potential for pairing wind turbines with technology that captures carbon dioxide directly from the air and stores it in natural reservoirs under the ocean
The energy transition to net zero needs improved energy efficiency to succeed
In a recent event for the World Economic Forum, Fatih Birol, Executive Director of the IEA and Björn Rosengren, CEO of sustainability technology company ABB, discuss what needs to happen to improve energy efficiency and reach net zero. Their discussion is in an article on the European Sting website by Kate Whiting. Energy efficiency … Continue reading The energy transition to net zero needs improved energy efficiency to succeed
