An EU directive, known as the Corporate Sustainability Due Diligence Directive, approved in 2024 is causing problems for American oil companies. The New York Times reports that the Executive Director of Exxon, Darren Woods, is now urging Europe to rescind this directive which makes companies track climate pollution. Woods called the EU regulations one part … Continue reading Energy in Demand News, September 21-22, 2025
Category: financial instruments
EBRD and EU launch green investments in the West Bank
The European Bank for Reconstruction and Development and the European Union (EU) launched the Green Economy Financing Facility (GEFF) programme in the West Bank in an effort to support the transition to a greener economy. The newly rolled-out GEFF programme will provide up to €25.9 million of senior unsecured loans to four local financial institutions for gender-responsive on-lending to Palestinian micro, … Continue reading EBRD and EU launch green investments in the West Bank
Why would oil companies invest in clean energy at all, especially at a time when many federal clean energy incentives are being eliminated and climate science is being dismantled, at least in the United States?
In an article on The Conversation website, Michael Oxman, Professor of the Practice of Sustainable Business, Georgia Institute of Technology, asks a fundamental question concerning major oil companies? What are your views? Why do big oil companies invest in green energy? Some major oil companies such as Shell and BP that once were touted … Continue reading Why would oil companies invest in clean energy at all, especially at a time when many federal clean energy incentives are being eliminated and climate science is being dismantled, at least in the United States?
Energy in Demand News, September 14-15, 2025
The US Environmental Protection Agency (EPA) moved on Friday to stop requiring thousands of polluting facilities to report the amount of heat-trapping greenhouse gases that they release into the air, reports New York Times. The EPA proposal “would end requirements for thousands of coal-burning power plants, oil refineries, steel mills and other industrial facilities across … Continue reading Energy in Demand News, September 14-15, 2025
Energy in Demand News, September 7-8, 2025
As we are decarbonising our economies, electrification become more and more important. A Financial Times newsletter this week, however, notes that EU member states are set to miss a deadline for linking their electricity grids more closely. “By the end of this year, EU member states should have increased cross-border transmission capacity — the maximum … Continue reading Energy in Demand News, September 7-8, 2025
Understanding the EBRD’s Regional Energy Efficiency Programme
The OECD has recently prepared a case study of the European Bank for Reconstruction and Development’s REEP. It is available on the OECD website. The European Bank for Reconstruction and Development’s Regional Energy Efficiency Programme Energy efficiency is key to both climate change mitigation and adaptation, and is relevant to all end-users (households, corporates, … Continue reading Understanding the EBRD’s Regional Energy Efficiency Programme
Energy in Demand News, August 17-18, 2025
It was certainly disappointing that the UN negotiations for a global treaty on plastics pollution collapsed without an agreement. Saudi Arabia, Kuwait and a number of other petrostates would not budge from their long-standing refusal to agree measures that address the production of plastic, agreeing only to waste management. It is not clear when negotiations … Continue reading Energy in Demand News, August 17-18, 2025
The benefits of improved energy efficiency for the nonprofit sector
Tina Bennett, CEO of Power Options, writes on the facilitiesnet website about the benefits of improved energy efficiency for nonprofits. By taking a proactive approach to energy management, nonprofits can continue fulfilling their missions, even in uncertain financial environments. Energy should no longer be treated as a fixed cost, but as a variable that should … Continue reading The benefits of improved energy efficiency for the nonprofit sector
Trump’s EPA cancels $7 billion in funding for solar projects
A Le Monde news item reports that the US Environmental Protection Agency has terminated the grant that was intended to help pay for residential solar projects for more than 900,000 lower-income US households − a Biden-era attempt to introduce cleaner power onto the electrical grid and to lower energy bills for American consumers. EPA … Continue reading Trump’s EPA cancels $7 billion in funding for solar projects
China has updated its green taxonomy as part of the country’s efforts to strengthen its net-zero transition ambitions
In an article on the Green Central Banking website, Moriah Costa writes about latest developments in China to update its green taxonomy, which comes into effect in October. The catalogue defines which economic activities and investments qualify as green or environmentally sustainable across a wide variety of industries. China updates green taxonomy to increase … Continue reading China has updated its green taxonomy as part of the country’s efforts to strengthen its net-zero transition ambitions
