The energy transition could proceed more quickly than large US oil producers were hoping, with growing pressure to decommission assets sooner than they expected, a Financial Times newsletter (behind a paywall) reported this week. “In any scenario, they’ll eventually need to pay big clean-up costs around the retirement of each individual fossil fuel site. In … Continue reading Energy in Demand News, October 21, 2024
Category: energy transition
Clean energy technologies save households serious money, but the barrier to entry increased in 2024
With the cost of living top of mind for Canadians, a new Clean Energy Canada report finds that making a few clean energy changes to your household can save hundreds of dollars a month for families. The report is discussed in a news item on the Energy Mix website. EVs, Energy Efficiency Save Canadians … Continue reading Clean energy technologies save households serious money, but the barrier to entry increased in 2024
“One limit after the other will be broken unless we manage to strand the necessary fossil assets and curtail opportunities for continuing to profit from oil and gas and coal”
In an article on The Conversation website, Jack Marley, Environment + Energy Editor, UK edition of The Conversation website discusses the dilemma all of us are facing in this energy transition. Fix the climate or appease the fossil fuel industry – we can’t do both Britain ended more than 140 years of coal power … Continue reading “One limit after the other will be broken unless we manage to strand the necessary fossil assets and curtail opportunities for continuing to profit from oil and gas and coal”
Energy in Demand News, October 13, 2024
Florida has just experienced two of the most devastating hurricanes in history. The Heated newsletter (available on Substack) reports: :For at least 45 years, oil company scientists have been privately warning executives that burning fossil fuels would lead to catastrophic storms. Their startlingly accurate warnings are detailed in internal documents and publicly-released films obtained by … Continue reading Energy in Demand News, October 13, 2024
“This shocking increase in aid funding to fossil fuels is a wake-up call”
In an article on the Guardian website, Ajit Niranjan discusses the increase in foreign aid going to fossil fuel projects. With clean air projects receiving just 1% of aid, activists say nations ‘cannot continue polluting practices at expense of climate stability.’ Foreign aid for fossil fuel projects quadrupled in a single year Foreign aid … Continue reading “This shocking increase in aid funding to fossil fuels is a wake-up call”
Canada’s energy transition in trouble: it’s easy to say ‘axe the tax’
As prime minister Justin Trudeau trails in polls, opposition seek to persuade voters environmental policy is a burden. With all the evidence of the impact of climate change, is there a “low” burden option? Leyland Cecco discusses latest developments in an article on the Guardian website. Canada’s carbon tax is popular, innovative and helps … Continue reading Canada’s energy transition in trouble: it’s easy to say ‘axe the tax’
Europe’s energy watchdog has criticised the continent’s grid operators for being unprepared for the expected increase in renewable energy
Dimitris Mavrokefalidis writes on the Energy Live News website that Europe's energy watchdog, ACER, has warned that without significant changes to operators' plans, Europe’s grid infrastructure will struggle to support electrification. Europe’s grid operators unprepared for renewables Europe’s energy watchdog has criticised the continent’s grid operators for being unprepared for the expected increase in … Continue reading Europe’s energy watchdog has criticised the continent’s grid operators for being unprepared for the expected increase in renewable energy
Energy in Demand News, October 6, 2024
Congratulations to the UK to finally bid farewell to the power of King Coal with the closing of its last coal-fired power plant. Britain opened the world’s first coal-burning power plant in 1882 (built by Thomas Edison) and now has become the first major country to end coal-fired power. Renewables’ share of UK electricity jumped … Continue reading Energy in Demand News, October 6, 2024
New EEA report on how but smart renovations that focus on efficient use of energy and resources can help Europe increase the sustainability of its housing sector
Construction, use and demolition of buildings causes major environment and climate pressures but smart renovations that focus on efficient use of energy and resources can help Europe increase the sustainability of its housing sector, according to a European Environment Agency (EEA) report published this week. Renovations, sustainable building materials can boost Europe’s green transition … Continue reading New EEA report on how but smart renovations that focus on efficient use of energy and resources can help Europe increase the sustainability of its housing sector
Energy in Demand News, September 29, 2024
Six weeks before COP29, the UN climate summit, the Climate Action Tracker rates host Azerbaijan’s climate action “critically insufficient.” The report came out during New York climate week, held on the sidelines of the UN General Assembly. The Climate Action Tracker assesses national climate plans and it said that Azerbaijan was one of the few … Continue reading Energy in Demand News, September 29, 2024
