Energy in Demand, May 19, 2024

It is uncomfortable reading about the new report from the National Bureau of Economic Research and reported in the Guardian this week. The economic damage wrought by climate change is six times worse than previously thought. “A 1C increase in global temperature leads to a 12% decline in world gross domestic product (GDP), the researchers … Continue reading Energy in Demand, May 19, 2024 →

Comment on new report showing global economy is consuming ever more natural resources, while the world is not on track to meet the Sustainable Development Goals

The International Resource Panel (IRP) of UNEP has just published a report Global Resources Outlook 2024. One of the authors Anders Wijkman, a member of the IRP, an honorary president of the Club of Rome and a friend of EiD has written this commentary on the report in an article on the Reuters website. What … Continue reading Comment on new report showing global economy is consuming ever more natural resources, while the world is not on track to meet the Sustainable Development Goals →

Energy in Demand News, May 12, 2024

In the energy transition governments have been losing fuel duties in the shift away from combustion engines. The Financial Times (behind a paywall) writes that, globally, policymakers are imposing new taxes on electric vehicles because last year there was a drop in receipts of $10 billion. The net loss is projected to rise to $110 … Continue reading Energy in Demand News, May 12, 2024 →

An important threat to the EU’s ecological and energy transition comes from the alarming number of Chinese and US companies moving into the EU power sector

In an article on The Conversation website, Carine Sebi, Professeure associée et coordinatrice de la chaire « Energy for Society », Grenoble École de Management (GEM) and Patrick Criqui, Directeur de recherche émérite au CNRS, économiste de l’énergie, Université Grenoble Alpes (UGA) write about the influence American and Chinese companies are having in the EU. … Continue reading An important threat to the EU’s ecological and energy transition comes from the alarming number of Chinese and US companies moving into the EU power sector →

Energy in Demand News, May 5, 2024

A three year US congressional investigation finds that the world’s largest oil groups had privately acknowledged for decades that burning fossil fuels causes climate change. The findings followed a three-year probe that unearthed internal documents from the major energy companies with evidence of concerted campaigns “to confuse and mislead the public while working unceasingly to … Continue reading Energy in Demand News, May 5, 2024 →

2024 Goldman Environmental Prize winners announced

The Goldman Environmental Foundation in San Francisco has announced the 2024 recipients of the Goldman Environmental Prize, an annual award that recognizes grassroots environmental leaders from around the globe. Launched in 1989, the program honors emerging leaders from the world’s inhabited continental regions who are working to protect the environment and their communities. The winners … Continue reading 2024 Goldman Environmental Prize winners announced →

Too little, too late: G7 climate commitments fall short

Climate and energy ministers from G7 nations agreed a coal exit deadline – with a caveat, but made little progress on other fossil fuels and finance. Matteo Civillini discusses the results of the meeting in an article on the Climate Home News website. G7 offers tepid response to appeal for “bolder” climate action When … Continue reading Too little, too late: G7 climate commitments fall short →

Energy in Demand News, April 28, 2024

Economic damage from natural catastrophes is raising concern that some areas could be rendered uninsurable, according to Petra Hielkema, head of the European Insurance and Occupational Pensions Authority (Eiopa), quoted in the Financial Times (behind a paywall). “The EU suffered more than €50bn in economic losses from natural catastrophes in both 2021 and 2022, according … Continue reading Energy in Demand News, April 28, 2024 →

“The fossil fuel lobby is holding us back from negotiating a treaty that will end the plastics crisis”

The fourth meeting of the Intergovernmental Negotiating Committee to develop an international legally binding instrument on plastic pollution, including in the marine environment, is taking place in Ottawa, Canada. This meeting is being held pursuant to the resolution adopted by the resumed fifth session of the UN Environment Assembly (UNEA-5.2), which requests the UN Environment … Continue reading “The fossil fuel lobby is holding us back from negotiating a treaty that will end the plastics crisis” →

Did the World Bank and IMF Spring Meetings build momentum for transformative change in Africa?

In an article on the African Arguments website, an expert panel gives their verdict on whether the Spring Meetings offered Africa hope that climate finance will be expanded and reformed. Climate finance: Did the IMF/World Bank spring meetings move the dial? In a year in which climate finance will take centre stage in climate … Continue reading Did the World Bank and IMF Spring Meetings build momentum for transformative change in Africa? →