Energy in Demand News, December 8, 2024

How many times have we heard President-elect Donald Trump say: “We will drill, baby, drill.” It’s not clear that producers will fall in line. For the past six years, the US has already been the world’s largest producer of oil and natural gas, according to the Department of Energy’s Energy Information Administration, and produces about … Continue reading Energy in Demand News, December 8, 2024

New white paper on lessons learned from Danish experience to electrify industrial sites in the US

This white paper by the American Council for an Energy-Efficient Economy presents findings and how to apply lessons learned from a June 2024 study trip to industrial electrification sites in Denmark.  The authors of the white paper are Andrew Hoffmeiser, Richard Hart and Hellen Chen.   Electrification of U.S. Industry: Applying Lessons from Denmark Key … Continue reading New white paper on lessons learned from Danish experience to electrify industrial sites in the US

Energy in Demand News, December 1, 2024

The New York Times (behind a paywall) wrote: “Five dry words — ‘transitioning away from fossil fuels’ — led to a bitter diplomatic spat Tuesday. . . . A handful of petrostates, led by Saudi Arabia and Russia, ensured that a United Nations General Assembly resolution on climate change steered clear of such language, despite … Continue reading Energy in Demand News, December 1, 2024

Europe’s building sector off track: social, economic and climate targets at risk

The third edition of the EU Buildings Climate Tracker published this week by the Buildings Performance Institute Europe (BPIE) confirms that the EU is missing opportunities to increase energy security and reduce heating costs. It is definitely not on track to achieve its climate targets. Progress on decarbonisation has stalled, with the gap more than … Continue reading Europe’s building sector off track: social, economic and climate targets at risk

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

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

In search of climate financing

To mobilise the huge sums needed to finance ecological transition and adapt to global warming, several countries, including France, are considering new global taxes. In an article on the Le Monde website, Audrey Garric and Matthieu Goar discuss various options being considered   COP29: From aviation to the super-rich, the search for innovative climate financing … Continue reading In search of climate financing

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

Energy in Demand News, November 10, 2024

The IEA’s Energy Efficiency 2024 report was published this week, just before COP29. Energy intensity improvements have decreased in the past year, even though nearly 200 countries agreed at COP28 to the goal of doubling the rate of progress, which would mean increasing intensity from 2% in 2022 to 4% by 2030. Yet, the IEA … Continue reading Energy in Demand News, November 10, 2024