By upgrading their energy strategies, industrials can reduce energy costs, accommodate market volatility, and achieve ambitious decarbonization targets. In an article on the McKinsey website Mauro Erriquez, Alvaro Gonzalez, Diego Hernandez Diaz, and Humayun Tai describe how. Playing offense: Industrials staying ahead in the energy transition The recent market turmoil and ongoing challenges of … Continue reading How industry can address the challenges of the energy transition
Category: GHG emissions
Carbon Majors Update: Just 57 fossil fuel and cement producers linked to 80% of global fossil CO2 emissions produced since the Paris Agreement
On April 4th InfluenceMap published the new digital home for The Carbon Majors Database - the key international source of data on attribution of historical GHG emissions to the worlds' largest fossil fuel producers together with releasing a new report analysing the emissions data for these producers since the Paris Agreement. Matthew Carl Ives, Senior … Continue reading Carbon Majors Update: Just 57 fossil fuel and cement producers linked to 80% of global fossil CO2 emissions produced since the Paris Agreement
Energy in Demand News, March 31, 2024
New oil and gasfields are expected to grow fourfold despite IEA warnings, the Financial Times (behind a paywall) reported this week in their energy newsletter. At least 20 new oil and gasfields reached final investment decisions worldwide last year and “this figure to grow nearly fourfold by the end of the decade, with another 31bn … Continue reading Energy in Demand News, March 31, 2024
Recent modelling shows that domestic peak heat demand in UK is almost 50% lower than widely cited values
A recent article on the Cell Press website provides valuable insight into the impact of 100% electrification of domestic heat in the UK. Decarbonising heat in particular is often perceived as a daunting task since natural gas serves between 60 and 80% of the domestic heat sector in countries like the UK. While there has … Continue reading Recent modelling shows that domestic peak heat demand in UK is almost 50% lower than widely cited values
Energy in Demand News, March 24, 2024
"The state of the climate in 2023 gave ominous new significance to the phrase ‘off the charts.'" That quote introduced the World Meteorological Organization’s latest annual report. It confirms that 2023 was the hottest year on record by a clear margin. Records were broken for ocean heat, sea level rise, Antarctic sea ice loss and … Continue reading Energy in Demand News, March 24, 2024
The Dutch airline KLM accused of greenwashing
The Dutch airline KLM has misled customers with vague environmental claims and painted “an overly rosy picture” of its sustainable aviation fuel, a court has found. Ajit Niranjan discusses the court decision in an article on the Guardian website. Dutch airline KLM misled customers with vague green claims, court rules The Dutch airline KLM … Continue reading The Dutch airline KLM accused of greenwashing
The road to COP29: EU foreign affairs ministers want fossil fuel industry to pay for fighting climate change in poorer countries
EU foreign affairs ministers met earlier this week and argued that the fossil fuel industry needs to play a bigger role in addressing climate change. In an article on the Reuters website, Kate Abnett discusses the views of EU ministers. Fossil fuel sector should pay climate finance, EU ministers say The fossil fuel industry … Continue reading The road to COP29: EU foreign affairs ministers want fossil fuel industry to pay for fighting climate change in poorer countries
New report shows transport is the “problem child” of Europe’s climate efforts
Transport emissions in Europe have grown 26% since 1990 and greenhouse gases from sector could make up 44% of continent’s total output by 2030, says the campaign group Transport & Environment. Ajit Niranjan discusses the report’s findings in an article on the Guardian website. Campaigners warn over failure to curb Europe’s ‘runaway’ transport emissions … Continue reading New report shows transport is the “problem child” of Europe’s climate efforts
Energy in Demand News, March 17, 2024
Bain’s annual survey of 600-plus executives in oil and gas, utilities, chemicals, mining, and agribusiness, taken during COP28 and the weeks after is cause for concern. From that corporate perspective, the energy transition looks slower as it becomes even more difficult to ensure adequate investment returns, and progress diverges across a fragmenting world. About 62% … Continue reading Energy in Demand News, March 17, 2024
Blog by Jane Marsh: What You Need to Know About the World’s First Sustainable Gas Pipeline
The global energy landscape is swiftly pivoting toward sustainable solutions, aiming to reduce carbon footprints and combat climate change. Launching the world’s first sustainable gas pipeline is a landmark achievement in this transformative era. This pioneering project underscores France’s commitment to green energy and sets a new benchmark for the global energy sector. The Need … Continue reading Blog by Jane Marsh: What You Need to Know About the World’s First Sustainable Gas Pipeline
