The EU’s onshore wind and solar energy needs can be met without undermining food production or nature protection efforts, according to a report by the European Environmental Bureau released on Wednesday (24 July). However, this depends on human choices, at an individual and political level
The new government is expected to revitalise climate policy, which can be supported by continued green gilt market growth. Green gilts play a rising role as a fundraising tool and a catalyst for private investments as the UK races with peers to reach net zero. The UK government should update its green financing strategy, formulated to clearly show proceeds’ contributions to sectoral decarbonisation pathways.
U.S. electricity demand is projected to increase by up to 15% over the next decade, driven by AI, clean energy, and cryptocurrency industries. Major energy companies and tech giants like Amazon, Microsoft, and Google are urgently requesting more power to support gigawatt-scale data centers. The U.S. Federal Energy Regulatory Commission (FERC) has approved a major transmission policy update to enhance the grid’s capacity and reliability
by Lutz Kilian, David Rapson and Burkhard Schipper*
Sanctions in response to the invasion of Ukraine led to a substantial decline in Russia’s crude oil revenues in 2022 and 2023. This column argues that the decline in revenue was due almost entirely to the embargo on Russian crude oil imports, which forced Russian oil exports to be redirected from Europe to more distant customers in Asia and conferred market power on India and China
Ahead of the 2019 European Parliament elections, Europe was rocked by massive climate marches. But as the 2024 elections approach, the streets remain silent
Many carbon offset projects fail to meet sustainability criteria, despite certification from reputable standards. Companies overstate their decarbonization achievements through ineffective offset schemes, unhindered by weak regulation. Studies demonstrate the failure of carbon offsets to reduce emissions, highlighting the need for stricter monitoring and assessment
The European Green Bond Standard (EUGBS) can potentially benefit both issuers and investors; its uptake is key for continued market growth.
Issuers can translate European Green Bond issuance into lower transition risks through four pillars: commitments, capex pipelines, green asset delivery and governance.
Energy companies are increasingly leveraging artificial intelligence technology to improve the efficiency and sustainability of their operations. And it is already transforming critical functions: from lowering carbon emissions to mitigating cyber attacks and predicting mechanical failures
Chinese-produced electric vehicles (EVs) are due to make up 25pc of new EV sales in Europe this year, according to campaign group Transport & Environment (T&E), which recommends that tariffs on Chinese EVs be imposed to help EU carmakers survive in the short term
The world's two most closely watched oil forecasters – producer group OPEC and the International Energy Agency – disagree over oil demand growth and whether or when demand will peak
The rare earths market experiences significant fluctuations, with prices plunging due to weaker demand and shifts away from Chinese sources, compounded by export bans imposed by China. Wyoming's rare earth discovery raises hopes of reducing reliance on Chinese supply, potentially leading to a mining boom in the U.S. and altering global market dynamics
The Biden administration’s decision to temporarily pause permitting for new liquefied natural gas (LNG) export terminals has caused an uproar among industry groups and fossil fuel companies. In Congressional hearings on the issue this week, opponents of the move repeatedly declared it would hurt U.S. allies in Europe and Asia that “desperately” need American LNG
Trump's presidency could amplify support for fossil fuels and strain clean energy initiatives. Biden's second term may intensify pro-clean energy policies although his administration would likely face legislative challenges. While the election will undoubtedly influence energy markets, energy investors should continue to focus on individual stocks rather than betting on entire sectors
by Christian Bogmans, Andrea Pescatori and Ervin Prifti*
The induced transition from fossil fuels to low-carbon energy can affect firm investment through powerful anticipation effects. This column uses a firm-level measure of climate policy exposure to show that climate policies have already led to a 6.5% decline in global investment by publicly traded oil and gas companies between 2015 and 2019
Reductions in energy intensity — energy use per unit of GDP generated — slowed in 2023 to 1.3pc from 2pc the year before, the IEA said today. The outlook is positive, but governments must take "substantial and concerted" action to reach a goal of 4pc/yr falls in energy intensity to 2030, it added
In the vast, almost haunting expanse of the high Argentine desert, beneath layers of brine and time, lies an element that could easily be mistaken for table salt. Yet, this mineral holds the key to power electric vehicles, cell phones, and the whole green energy revolution. They call it “white gold” – lithium
The Edison Electric Institute, the electric industry lobbying group, appears to be fighting hard against any rapid policy changes. The American Petroleum Institute, representing the U.S. oil and gas industry, is pushing back against pressure to lean into the energy transition. While it is understandable why these groups want to defend their industries, this reluctance to change might undermine legacy companies going forward
Nuclear power is making a comeback on the EU energy scene after an eventful 2022-2023 year, which according to Paris, reflects an “excellent diplomatic record” for France in defending atomic energy. EURACTIV looks at the bigger picture