It is now down to governments to properly support low and middle-income families to transition away from fossil fuels and to a more secure energy future The EU Commission last night confirmed that it will keep prices for its upcoming carbon price on road and heating fuels stable, to avoid … [continued]
As Kitimat prepares to ship its first liquefied natural gas cargoes in the coming couple of weeks, billions more in subsidies and favorable fiscal treatment for fossil fuel infrastructure come sharply into focus, along with the 2.2 billion tons of greenhouse gases the facility will be responsible for over its … [continued]
With Mark Carney stepping in as the new leader of the federal Liberal Party, Canada’s carbon pricing system faces a critical juncture. Long a proponent of market-driven climate policy, Carney inherits a system designed to reduce emissions while maintaining economic competitiveness. The current framework consists of a consumer-facing fuel charge, … [continued]
The EU ETS and CBAM float all low-carbon boats equally. If — a big if — fossil hydrocarbon pathways are made lower carbon than alternatives, then they will persist. But a lot won’t.
If anything in your value stream uses fossil fuels, and you are competing with organizations which don’t have fossil fuels in their value streams, you are going to be losing business fast in the coming years.
Heat pumps and decarbonization of grids are the clear climate change winners. For building owners, the annual cost savings are greater, sometimes much greater, for efficiency measures.
For those deeply interested in our future energy system and how it will evolve, I highly recommend two in-depth papers published in the last year. Here I will show a similar vision step-by-step using some of the same assumptions and publicly available data using “back of the envelope calculations” (spreadsheets).
I would love to have 100% clean electricity by 2035. Such a goal is admirable for its audacity and for its ability to get people motivated. For that I applaud it. But when we get down to it, will it be smart policy? Could it be that 90% would provide greater carbon savings than 100%?
The cost of carbon in Europe has soared to its highest levels for almost a decade but it has not been enough to slow the pace of global warming, according to Schroders’ latest Climate Progress Dashboard update, which remains on track for 4°C.
Putting a price on carbon is globally becoming the new normal for major companies according to a new report from CDP, with almost 1,400 companies factoring an internal price on carbon into their forward-looking business plans.
