Only One Industry Can’t Survive Without Fossil Fuels
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.
Carbon Price
How Much Will EU Carbon Price Impact Things That Use Natural Gas Like Electricity, Cement,…
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.
For CO2 Reduction From Existing Buildings, Heat Pumps Are Better Than Efficiency
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.
2035: Clean Grid 90%, Electrify 50%
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).
100% By 2035? 90% Might Be Better: Consider The Opportunity Costs
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%?
Global Warming Still On Track For 4°C Despite Strong Carbon Prices, According To Schroders
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.
Pricing Carbon “New Normal” Globally For Companies, Says CDP
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.
Optimal Carbon Price Should Be 200% Higher Than Economists Currently Estimate
Originally published on The Carbon Brief. By Sophie Yeo The “optimal” carbon price should be up to 200% more than economists currently estimate, according to a new study published in Nature Climate Change. This is because, says the study, climate change could have sudden and irreversible impacts, which have not, … [continued]
Renewable Energy Won’t Die From Cheap Oil: Bloomberg
Renewable energy won’t die from cheap oil. With oil prices hitting six-year lows, you would think cleantech’s momentum would stop. After all, history has not been kind to renewables when oil prices have fallen. However, Bloomberg Business paints a different picture. In his analysis, author Tom Randall cites 7 key reasons why, this … [continued]
Will EU Emission Trading Remain A Major Source Of Low-Carbon Finance?
Originally published on EnergyPost. By Emil Dimantchev Last year for the first time many of the CO2 allowances in the EU Emission Trading Scheme (ETS) were auctioned rather than handed out for free. Surprisingly perhaps, the EU member states used much more of the ETS revenues for low-carbon development than … [continued]
