In an article about the paradox of climate adaptation spending, a Financial Times newsletter says that many global companies recognise the seriousness of climate-related risks to their business, with 66% of the EU businesses polled confirming that they face threats from the physical impacts of climate change. But, according to the survey last year by … Continue reading Energy in Demand News, May 18-19, 2025
Category: subsidies
South Africa, as G20 president, should push for fossil fuel subsidies to be shifted into funding cleaner energy and climate adaptation
In an article on The Conversation website, Llewellyn Leonard, Professor of Environmental Science, University of South Africa makes the case for South Africa, as this year’s presiden tof the G20, to push to eliminate subsidies for fossil fuels in order to promote cleaner energy. Fossil fuels are still subsidised: G20 could push for the … Continue reading South Africa, as G20 president, should push for fossil fuel subsidies to be shifted into funding cleaner energy and climate adaptation
New report from EU climate Advisory Board: focus on immediate implementation and continued action to achieve EU climate goals
In a new report published this week, the European Scientific Advisory Board on Climate Change recommends a series of actions to put the EU on track towards climate neutrality. Some recommendations require immediate action and others should be considered when shaping the EU's post-2030 climate policy framework. Based on an assessment of more than 80 … Continue reading New report from EU climate Advisory Board: focus on immediate implementation and continued action to achieve EU climate goals
The EU’s anti-subsidy investigation of EVs from China is risky
In an article on The Conversation website, Louise Curran, Professor of International Business at TBS Education discusses the potential problems that the EU faces as it sets up its anti-subsidy investigation. The question is how China will react. The EU’s anti-subsidy investigation into electric vehicles is a risky strategy that may backfire In her … Continue reading The EU’s anti-subsidy investigation of EVs from China is risky
How important is it to keep the Energy Charter Treaty?
In an article on The Conversation website, Chamu Kuppuswamy, Senior Lecturer, School of Law, at the University of Hertfordshire argues that, while withdrawing from the energy charter treaty is possible for any country to do, losing the benefits of membership – such as fewer duties and taxes on imports of oil and gas – will … Continue reading How important is it to keep the Energy Charter Treaty?
Review of G20 fiscal stimulus spending counters many countries’ green pledges to ‘build back better’
Fiona Harvey gives us a wake up call to pay more attention to so-called green financing in an article on The Guardian website. Only about 6% of pandemic recovery spending has been “green”, an analysis of the $14tn that G20 countries have poured into economic stimulus. Only 6% of G20 pandemic recovery spending ‘green’, … Continue reading Review of G20 fiscal stimulus spending counters many countries’ green pledges to ‘build back better’
New report on cutting emissions through fossil fuel subsidy reform and taxation
Earlier this month, the latest IPCC report gave its starkest climate warning yet. As United Nations Secretary-General António Guterres said, this must sound a "death knell" for fossil fuels, starting with an end to new production and with shifting fossil fuel subsidies into renewable energy. The dire message comes amidst some reasons for hope. We … Continue reading New report on cutting emissions through fossil fuel subsidy reform and taxation
New analysis by European Environmental Bureau – EU governments keep fueling dirty heating
New analysis shows that 16 out of 27 member states are still financing fossil fuel heating, despite calls to phase out gas boilers by 2025 to achieve EU climate neutrality goals. These dirty subsidies cripple the deployment of clean heating technologies such as heat pumps and solar thermal devices. This year, only seven countries – Croatia, … Continue reading New analysis by European Environmental Bureau – EU governments keep fueling dirty heating
Energy transition? Many countries still actively subsidise fossil fuel extraction and use
Despite an agreement at the G20 in 2009 to eliminate fossil fuel subsidies, the US, China and Russia alone spent US$909 billion (£656 billion) on them in 2017, the most recent year available – that’s nearly 40% more than in 2009. Neil McCulloch, Associate Fellow of Political Economy at the Institute of Development Studies and … Continue reading Energy transition? Many countries still actively subsidise fossil fuel extraction and use
New IISD report: G20 backtracks on fossil fuel funding phase-out
G20 governments are still spending more than half a trillion USD on oil, gas, and coal each year—and the pandemic has likely undone any progress on phasing out this support. In Doubling Back and Doubling Down: G20 Scorecard on Fossil Fuel Funding, researchers considered recovery commitments and pre-pandemic policies to rank G20 countries' progress in … Continue reading New IISD report: G20 backtracks on fossil fuel funding phase-out
