The UK is in a strong position to lead efforts on developing an international carbon border adjustment mechanism

A ‘carbon border adjustment mechanism’ on imported goods from polluting factories overseas could help to address the thorny issue of carbon leakage, argues Andrew Warren, chairman of the British Energy Efficiency Federation in the June issue of Energy in Buildings & Industry. It’s not a tax, it’s just an adjustment mechanism Cheap imports of … Continue reading The UK is in a strong position to lead efforts on developing an international carbon border adjustment mechanism →

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 →

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 →

The problem with renewable energy certificates

Anders Bjørn, Postdoctoral fellow in environmental science, Concordia University; H. Damon Matthews, Professor, Concordia University; Matthew Brander, University of Edinburgh; and Shannon M Lloyd, Concordia University, write on The Conversation website about a new study that shows that companies largely rely on renewable energy certificates to report steep electricity emissions reductions and that this is … Continue reading The problem with renewable energy certificates →

A new twist to ESG investing

When making a quick judgement on a company or other investment proposition, don’t take any assertions of ethical behaviour at face value, writes Hamish McRae in an article on The Independent website. Ethical investing is harder than it looks – here’s why It is a tough one. Do investors have to choose between ethics … Continue reading A new twist to ESG investing →

New EIB report on investors’ views on how the public sector can help to address the risks and challenges of the move towards a more hydrogen-fuelled economy

Robin Whitlock writes on the Renewable Energy Magazine website about a new report from the European Investment Bank that provides key insights into the main drivers behind the European hydrogen market and how the EIB should address them. New report finds that the international investment community recognises both the opportunity for hydrogen deployment and … Continue reading New EIB report on investors’ views on how the public sector can help to address the risks and challenges of the move towards a more hydrogen-fuelled economy →

Finance, whether green or otherwise labeled, will not come to the rescue of the planet

'Le Monde' journalist Eric Albert explains how the global head of responsible investing at HSBC bank dared to voice what most financiers are thinking: that climate change does not affect finance. Green finance will not save the planet Stuart Kirk jolted everyone in the room awake. At a May 20 conference hosted by the … Continue reading Finance, whether green or otherwise labeled, will not come to the rescue of the planet →

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 →

The “roiling debate over the value of ESG ratings”

Something does not seem right when a major stock index that tracks sustainable investments dropped electric vehicle-maker Tesla from its list in May 2022 – but it kept oil giant ExxonMobil. Tom Lyon, Professor of Sustainable Science, Technology and Commerce and Business Economics, at the University of Michigan discusses the issues in an article on … Continue reading The “roiling debate over the value of ESG ratings” →

Concerns about EU Innovation Fund not advancing European renewable energy technology

Several European renewable energy associations have united to call for changes to the EU’s Innovation Fund as its award criteria ‘puts renewable energy projects at a structural disadvantage’. Amir Garanovic discusses in an article on the offshore energy website. Renewable energy industry losing confidence in EU’s Innovation Fund Associations – including Ocean Energy Europe, … Continue reading Concerns about EU Innovation Fund not advancing European renewable energy technology →