Carbon Pricing

Q&A: What Is In China’s New Five-Year Plan For Climate Change?

China has released a five-year plan dedicated to addressing climate change. The 15th five-year plan for a national response to climate change is the latest in a series to outline in-depth climate and energy targets for the 2026-2030 period. These include five-year plans for “building a Beautiful China”, developing a “new-type … [continued]

Aviation Fuel Demand Doesn’t Collapse. Cheap Kerosene Growth Does.

Aviation is one of the harder transition sectors to model well because it invites two bad shortcuts. One is to assume that flying keeps growing as it did in the cheap-kerosene era, with a cleaner molecule somehow dropped into the same demand curve. The other is to assume that decarbonization … [continued]

Maritime Decarbonization Is Closer, Cheaper, And More Practical Than It Looks

The IMO’s Net-Zero Framework came out of the latest Marine Environment Protection Committee meeting bruised, delayed, and still alive. For maritime climate policy, that matters. The International Maritime Organization has spent decades moving at the pace of the most cautious flag states, the most exposed bulk exporters, and the most … [continued]

+20 Industry & Civil Society Organisations Call on the EU to Include All Departing Flights…

To: Ms. Teresa Ribera, Executive Vice-President for a Clean, Just and Competitive Transition; Mr. Wopke Hoekstra, Commissioner for Climate, Net Zero and Clean Growth; Mr. Apoltolos Tzitzikostas, Commissioner for Sustainable Transport and Tourism. We, the undersigned NGOs, trade unions, industry actors, industry associations and consumer associations, are joining forces to urge the … [continued]

What KOKO’s Collapse Reveals about Carbon Market Infrastructure and Why Africa’s Carbon Future Depends on…

Earlier this year, 1.5 million Kenyan households received a text message reading: “Samahani KOKO customer. We regret to inform you that KOKO is closing operations today.” Within hours, KOKO Networks, one of Africa’s most celebrated clean-energy startups, laid off 700 staff, shut 3,000 fuel stations, and took the continent’s largest bioethanol … [continued]

Hybrid Electric Ships and the Alcohol Fuel Convergence

In recent weeks I have published on the end game economics of maritime fuels, why decarbonizing maritime shipping won’t be inflationary, and why most battery electric shipping studies were already obsolete. Those pieces generated a steady stream of questions that were more specific than the original arguments, as well as … [continued]

Grey, Blue, or Green: The Real Ammonia Math

Equinor’s decision to halt its blue hydrogen project in Groningen is not a story about engineering failure or lack of public support. It is a story about the absence of customers. The H2M project secured support from the EU Innovation Fund and was positioned as a cornerstone of industrial decarbonization … [continued]

The End Game Economics of Maritime Fuels

In my recent article on America’s new maritime plan, I argued that it was competing for the wrong century by anchoring itself to legacy fuels and industrial logic that made sense when gasoline and diesel dominated global energy demand. A reader asked a question regarding the fuel cost variance for … [continued]