Frank Elderson, a member of the European Central Bank’s executive board, told the Guardian that the climate emergency and the breakdown of nature poses a dramatically growing risk to the global economy. He said it was clear the rising frequency of natural disasters linked to global heating poses a threat to financial stability. “Nature-related risks … Continue reading Energy in Demand News, August 2-3, 2026
Category: fossil fuels
Energy in Demand News, July 26-27, 2026
As this week’s Energy in Demand was being prepared, more than 280,000 people had been ordered to flee or lock down as huge wildfires swept Spain and France, prompting Madrid to declare a national emergency and the French authorities to order the total evacuation, by land and sea, of one of the country’s best-known holiday … Continue reading Energy in Demand News, July 26-27, 2026
Energy in Demand News, July 19-20, 2026
The EU has big plans to electrify. It has set its first-ever electrification target: 46% by 2040. Electrification has hovered just under 24% for more than a decade. Energy Commissioner Dan Jørgensen told reporters in Brussels on Friday: “With this plan, we are putting Europe on a course to become the world’s first electro-continent.” Check … Continue reading Energy in Demand News, July 19-20, 2026
Rotterdam’s net zero dilemma
Anna Holligan writes on the BBC News website the central dilemma facing not only Rotterdam but all industrial ports worldwide: industrial ports worldwide: how to decarbonise economies built on fossil fuels without undermining their competitiveness. The debate is not simply about reducing emissions, but about reconciling climate ambitions with the economic realities of Europe's largest … Continue reading Rotterdam’s net zero dilemma
Energy in Demand News, July 12-13, 2026
Eurostar, the international high-speed rail service in Western Europe, will now be building its new generation of trains to withstand 55C summers. The new trains, to be built by Alstom, were originally designed to cope with conditions of up to 45C. But the UK Times website quotes Gwendoline Cazenave, chief executive of Eurostar, saying: “We … Continue reading Energy in Demand News, July 12-13, 2026
New report by the European Climate Neutrality Observatory (ECNO)
urope’s climate transition is showing signs of acceleration – but progress remains too uneven and too slow to strengthen resilience at the pace needed. ECNO's 2026 Flagship Report finds that more than half of the indicators they track have improved their rate of progress compared to last year and that nearly a quarter are now … Continue reading New report by the European Climate Neutrality Observatory (ECNO)
The oil crisis isn’t over—the safety net is gone
Dmitry Zhdannikov, Robert Harvey and Ahmad Ghaddar write on the Reuters News website about the global economy weathered the Iran-related supply shock by drawing down strategic reserves, but those depleted buffers leave the world more exposed to future disruptions. We definitely need a more sustainable approach to our energy future. World absorbs historic Iran … Continue reading The oil crisis isn’t over—the safety net is gone
Energy in Demand News, July 5-6, 2026
In Canada this week, EU Energy Commissioner Dan Jørgensen urged decisive action by quoting a famous hockey credo: "you miss 100% of the shots you don't take." The Trump administration is moving to gut energy efficiency rules for home appliances that are proven to cut demand for power and lower utility bills. The Washington Post … Continue reading Energy in Demand News, July 5-6, 2026
Energy in Demand News, June 28-29, 2026
The Financial Times reports that Elon Musk’s SpaceX “was awarded the lowest possible environmental, social and governance rating by index provider MSCI [Morgan Stanley Capital International] ahead of the company’s record $75bn public float this month. The triple C assessment means SpaceX has the same score as that awarded to the Russian state on MSCI’s … Continue reading Energy in Demand News, June 28-29, 2026
China’s new five-year plan accelerates the energy transition
Anika Patel writes on the Carbon Brief website about China's new five-year energy strategy, which strengthens its commitment to renewable energy while retaining coal as a backup, introduces mandatory clean energy consumption targets, and reinforces its position in global clean-energy competition. China Briefing 25 June 2026: Five-year plans passed | Critical-mineral tensions | Industrial … Continue reading China’s new five-year plan accelerates the energy transition
