Year: 2019


EU Commission locks in imported LNG, endangering climate goals

Under pressure from Trump, just weeks ahead of the European Parliamentary elections, the EU Commission signed a long-term agreement locking in at least 20-years of imported fracked Liquid Natural Gas (LNG) shipments. Despite hundreds of international environmental groups warning this will torpedo the goals of the 2015 Paris Climate Accords and retard plans to decarbonize Europe, EU President Juncker and Vice-President Maroš Šefčovič are hailing the deal as part of the continent’s on-going clean energy transition. L. Michael Buchsbaum takes a look.

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Carbon price: necessary, but not sufficient

In the run-up to the EU elections, German Environmental Minister Svenja Schulze has now said that she supports French President Macron’s climate plan, including a floor price for carbon. And Chancellor Merkel has now joined her in calling for “carbon net neutrality” by 2050. But the market can’t fix everything, says Craig Morris.

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Small city-based businesses hit hard by African drought

The four-year drought which gripped southern and east Africa between 2015 and 2018 hit small businesses in many of the major cities. As we start to count the financial cost of this, it shows up the complex relationship between water and energy, and that a ‘just transition’ here means finding ways to support businesses against the economic fallout of climate-related shocks, writes Leonie Joubert.

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