Fossil Fuel Subsidies

Fossil Fuel Subsidies Are Just Stupid — Bloomberg

The title of new report by the Grantham Institute at London’s Imperial College says it all: “Summer heat deaths in 854 European cities more than tripled due to climate change.” “Extreme heat is the deadliest type of weather and officially reported heat deaths remain significantly underestimated,” the researchers wrote. “We … [continued]

EU Commission’s State Aid Plans Fail to Deliver for Cleantech

T&E finds that leaked EU State Aid guidelines do not effectively support EU manufacturing of cleantech products. EU State Aid guidelines do not effectively support EU manufacturing of cleantech products like batteries, a new T&E report finds. To compete globally, Europe needs a revised State Aid framework for cleantech based on “Made … [continued]

Why Are You Paying To Subsidize The Fossil Fuel Industry?

How much are you willing to subsidize the government and prop up the fossil fuel industry? Governments across the world now spend a total of $2.6 trillion per year on subsidies that harm the environment, jeopardizing global climate and biodiversity targets. The public should not be paying at the pump … [continued]

Wasted Money & Sunken Assets: Subsidies and Financing for Fossil Fuels

Under the auspices of the India Smart Grid Forum, the think tank founded as an umbrella organization over India’s 28 state utilities to provide thought leadership, share leading practices, and bring international insights to India, I’m delivering bi-weekly webinars framed by the Short List of Climate Actions That Will Work. With the … [continued]

The Numbers You Should Know About CleanTech & The Climate Crisis

The global energy transition is progressing robustly, but it’s unlikely that timely climate goals delineated in the 2015 Paris Agreement will be achieved. In fact, if the current rate of carbon emissions continues, there’s a 50% chance the world will breach the 1.5°C warming threshold by the end of this … [continued]