Irina Slav writes on the OilPrice website about how data centres, particularly since the AI rush began, are turning into an unexpected obstacle that may well compromise the whole transition offensive against hydrocarbons. What are your views? Data Centers Highlight the Limits of Renewable Energy Scaling Until about a year ago, no one paid … Continue reading Data centres are threatening the very energy transition on which so many governments have staked everything
Category: GHG emissions
Energy in Demand News, November 24, 2024
The talks at COP29 ran 33 hours late, and came close to collapse. In the end richer countries pledged a record $300bn to help the developing world fight climate change, but the deal is facing recrimination that it comes nowhere near addressing poorer countries' challenges from global warming. The New York Times (behind a paywall) … Continue reading Energy in Demand News, November 24, 2024
There is still greenwashing when it comes to carbon offsets
The results of a recent survey raises questions about how some companies use carbon offsets and cast doubt on how effective voluntary carbon markets – at least in their current state – are in assisting a global transition to net-zero-emissions In an article on The Conversation website, Sehoon Kim, Assistant Professor of Finance, University of … Continue reading There is still greenwashing when it comes to carbon offsets
Blog by Steve Thorne: The Voluntary Carbon Markets (VCM) – what has been learned so far… and where is it heading?
The first-ever United Nations global stock take warned that the world is significantly off track in meeting the goals of the Paris Agreement in reaching a maximum of 1.5oC warming by 2050. We need every tool available working at full speed to reduce emissions and secure a liveable future for the planet. A high-integrity voluntary carbon market … Continue reading Blog by Steve Thorne: The Voluntary Carbon Markets (VCM) – what has been learned so far… and where is it heading?
Introducing “Climate Impact Auctions”
The need to meet global climate goals has never been more pressing. Greenhouse-gas emissions from low- and middle-income countries, which contribute approximately 72 per cent of current global emissions, must decline without inhibiting development. High-income countries have committed to mobilise US$100 billion annually to support climate action in developing countries. In an article on the … Continue reading Introducing “Climate Impact Auctions”
Energy in Demand News, November 17, 2024
It has been quite a first week at COP29. Azerbaijani president, Ilham Aliyev, defended Azerbaijan’s current exports of gas and plans to expand production told world leaders gathered in his country for COP29 that natural gas was a “gift from God” and he shouldn’t be blamed for bringing it to market. Kicking off the leaders’ … Continue reading Energy in Demand News, November 17, 2024
Message to new Trump administration: improving energy efficiency is a cornerstone of a stable, competitive, affordable American economy
We have collectively been holding our breath to find out the impact on our energy and climate policies in American following the election on November 5th. Steven Nadel, Executive Director of the American Council for an Energy-Efficient Economy (ACEEE) provides us with a strong argument of the importance of continuing with energy efficiency measures. The … Continue reading Message to new Trump administration: improving energy efficiency is a cornerstone of a stable, competitive, affordable American economy
Latest report from the International Cryosphere Climate Initiative on the status of the world’s ice stores: at a tipping point for irreversible loss and damage
Over 50 leading cryosphere scientists released their annual report on the status of the world’s ice stores this week at COP29 in Baku, warning of vastly higher impacts and costs to the global economy given accelerating losses in the world’s cryosphere (snow and ice regions). The State of the Cryosphere Report 2024, coordinated by the … Continue reading Latest report from the International Cryosphere Climate Initiative on the status of the world’s ice stores: at a tipping point for irreversible loss and damage
Corporate lobbying at COP29
Friday the Guardian reported that there were over 1,700 coal, oil and gas lobbyists granted access to Cop29. It is timely that Christina Toenshoff, Assistant Professor of European Politics and Political Economy, Leiden University has written on The Conversation website for us to better understand what this lobbying is about. Thousands of corporate lobbyists … Continue reading Corporate lobbying at COP29
Although many countries have explicitly promised to reduce fossil fuel subsidies to combat climate change, this has proven difficult to accomplish
Bruce Huber, Professor of Law at the University of Notre Dame writes on The Conversation website about how difficult it is turning out to phase out fossil fuel subsidies. Countries spend huge sums on fossil fuel subsidies – why they’re so hard to eliminate Fossil fuels are the leading driver of climate change, yet … Continue reading Although many countries have explicitly promised to reduce fossil fuel subsidies to combat climate change, this has proven difficult to accomplish
