British multinational oil and gas company Shell is counting discredited carbon credits towards its climate goals

The oil and gas giant offset part of its emissions with over a million credits from Chinese projects suspended because of integrity concerns. Matteo Civillini discusses latest developments in an article on the Climate Home News website. “Shameful”: Shell uses carbon credits under investigation to meet climate targets Oil and gas giant Shell is … Continue reading British multinational oil and gas company Shell is counting discredited carbon credits towards its climate goals →

“Energy communities remain an unsolved problem in Croatia”

Although Croatia has legislation that allows for the establishment of energy communities, administrative obstacles and opposition from the energy sector are blocking progress. Dalibor Dobric discusses latest developments in an article on the Deutsche Welle website. Croatia: Citizens push hard to kick-start energy sharing "It's a catch 22," says Goran Cacic when asked about … Continue reading “Energy communities remain an unsolved problem in Croatia” →

Energy in Demand News, February 4, 2024

This week the European Commission will propose the new level of ambition for GHG emissions reductions it considers necessary for 2040. The Financial Times (behind a paywall) notes that the EU’s climate chief, Wopke Hoekstra, “has warned the bloc must not be lured into a “false narrative” that action against global warming is undermining the … Continue reading Energy in Demand News, February 4, 2024 →

Energy in Demand News, January 28, 2024

There is encouraging good news that carbon emissions dropped in the EU in 2023. The Guardian reported on analysis from the Centre for Research on Energy and Clean Air (Crea) showing that the EU “pumped out 8% less carbon dioxide from the fossil fuels it burned in 2023 than it did in 2022.” Crea analyst … Continue reading Energy in Demand News, January 28, 2024 →

Ground-breaking retrofit approach, Energiesprong, wins prestigious global award

In Europe, plummeting temperatures pose challenges for those in inefficient buildings, especially vulnerable individuals struggling to heat homes. A revolutionary approach to renovating homes has won the prestigious Gold World Habitat Award. Details are available on the EC CINEA website. Energiesprong wins prestigious Gold World Habitat Award Buildings are the single largest energy consumer … Continue reading Ground-breaking retrofit approach, Energiesprong, wins prestigious global award →

Energy in Demand News, January 21, 2024

The EU taxonomy is a cornerstone of the EU’s sustainable finance framework and an important market transparency tool. It is designed to help direct investments to the economic activities most needed for the transition, in line with the European Green Deal objectives. Controversially, nuclear and gas activities are included, prompting legal challenges by some NGOs … Continue reading Energy in Demand News, January 21, 2024 →

Concerns about the new UN carbon market

Renewable energy schemes make up four-fifths of Kyoto-era projects hoping to keep selling offsets under Article 6, sparking concerns over the credibility of the new market. Matteo Civillini discusses latest developments in an article on the Climate Change News website. Junk offset sellers push to enter new UN carbon market Developers are trying to … Continue reading Concerns about the new UN carbon market →

Europe’s energy transition is gathering speed but even with record new wind farms in 2023, EU still not on track to meet 2030 goals

In a news article on the Euractiv website, recent data from the industry association WindEurope shows solid progress but much more needed. EU built record new wind farms last year but lags green energy goal European Union countries built 17 gigawatts of new wind power farms in 2023, the most for any year so … Continue reading Europe’s energy transition is gathering speed but even with record new wind farms in 2023, EU still not on track to meet 2030 goals →

Energy in Demand News, January 14, 2024

EiD welcomes that the IEA published Renewables 2023 this week. It is encouraging to see that the world added 50% more renewable capacity in 2023 than in 2022 and next 5 years will see fastest growth yet. The IEA says that the world’s capacity to generate renewable electricity is expanding faster than at any time … Continue reading Energy in Demand News, January 14, 2024 →

Transforming energy demand

A set of business actions aimed at reducing the intensity of energy demand could unlock annual savings of at least $2 trillion for the global economy. A news item on the Modern Diplomacy website discusses a new report of the World Economic Forum on the transforming energy demand initiative. Action on Energy Demand Could … Continue reading Transforming energy demand →