Energy in Demand News, August 3-4, 2025

The EU and US agreed to a new trade deal in recent days, to a distinctly mixed reaction. The European Environmental Bureau (EEB), Europe’s largest network of environmental NGOs, warns that the centrepiece of the deal, a €700 billion pledge to buy U.S. fossil fuels and nuclear energy over the next three years, is fundamentally … Continue reading Energy in Demand News, August 3-4, 2025 →

The Science Based Targets initiative says that, to be 1.5C-aligned, financial institutions must stop funding firms that are expanding fossil fuel production and use

This week, the Science Based Targets Initiative (SBTi) launched a net zero standard for banks, asset managers and insurance companies, which requires them to end financing for firms that are expanding coal projects immediately and for those expanding oil and gas projects by 2030. In an article on the Climate Home News website, Joe Lo … Continue reading The Science Based Targets initiative says that, to be 1.5C-aligned, financial institutions must stop funding firms that are expanding fossil fuel production and use →

New report from SciencesPo on the EU taxonomy in practice

Titouan Chalavon, Clara Klint and Barbora Rapantova have written a report for the SciencesPo European Chair for Sustainable Development and Climate Transition on how the EU taxonomy has helped drive energy efficiency investments. The following is the abstract for the report. The EU taxonomy in practice: driving energy efficiency investments? Mapping insights from stakeholders … Continue reading New report from SciencesPo on the EU taxonomy in practice →

Energy in Demand News, July 13-14, 2025

Almost three-quarters of all solar and wind power projects being built globally are in China, according to a new report by Global Energy Monitor, a non-governmental organisation based in San Francisco. In its account of the report, the Financial Times notes that of the 689GW of utility-scale solar and wind projects under construction globally, China … Continue reading Energy in Demand News, July 13-14, 2025 →

Energy in Demand News, June 8-9, 2025

Global energy investment is set to increase in 2025 to a record $3.3 trillion despite headwinds from elevated geopolitical tensions and economic uncertainty, a new IEA report says. Clean energy technologies will attract twice as much capital as fossil fuels. Investment in clean technologies – renewables, nuclear, grids, storage, low-emissions fuels, efficiency and electrification – is on … Continue reading Energy in Demand News, June 8-9, 2025 →

Energy in Demand News, June 1-2, 2025

Austria and Slovenia are the only European countries whose defence ministries have committed to reaching net zero military emissions, according to an analysis of 30 European countries (EU 27 plus Norway, Switzerland and UK). An article in the Guardian on the analysis added that only about one-third have worked out the size of their carbon … Continue reading Energy in Demand News, June 1-2, 2025 →

Impact of cuts to US National Science Foundation by Trump administration

Established in 1950 the National Science Foundation (NSF )is an independent federal agency that supports science and engineering in all 50 states and U.S. territories. It has had a great impact. Touch-screen technology, speech recognition, digital sound recording and the internet were all developed using NSF funding. In an article on The Conversation website, Paul … Continue reading Impact of cuts to US National Science Foundation by Trump administration →

What roles do our pensions, investments and banking decisions play in supporting fossil fuel projects?

In an article on the Deutsche Welle website, Holly Young tries to answer that question and to look for green finance alternatives. What role does your money play in the climate crisis? Personal finance is a climate blind spot for many — lagging behind decisions on things like diet, travel or shopping when it … Continue reading What roles do our pensions, investments and banking decisions play in supporting fossil fuel projects? →

Social Climate Fund could subsidise up to 20 million heat pumps across Europe, new study finds

A new study finds that investing just one-third of the Social Climate Fund, the EU could subsidise up to 20 million heat pumps across the EU by 2032. This would be enough to reach all energy-poor households in nine EU countries and slash EU gas demand by 11% — nearly as much as the EU imported from Russia in 2024. The EU Social … Continue reading Social Climate Fund could subsidise up to 20 million heat pumps across Europe, new study finds →

Energy in Demand News, February 9, 2025

The EU’s Carbon Border Adjustment Mechanism (CBAM) aims to reduce carbon emissions, put a fair price on the carbon emitted during the production of carbon intensive goods imported into the EU, and encourage cleaner industrial production through a methodology for calculating embedded emissions according to the Paris Agreement and the EU Fit for 55 package. … Continue reading Energy in Demand News, February 9, 2025 →