The remaining carbon budget to limit global warming to 1.5°C will be exhausted as early as 2028, even as the transition to low-carbon energy gains momentum, according to risk management firm DNV GL, which calls for “extraordinary policy action” to lower emissions. Frédéric Simon reports
The modern world depends on the smooth provision of vital services such as energy, transportation, telecommunications, food, water and healthcare. But the systems underpinning these sectors are increasingly complex and interdependent, interacting at a global scale – which makes them susceptible to potentially catastrophic failures when they come under stress. David Flynn and Valentin Robu report
CO2 emissions in China may peak up to a decade earlier than the nation has pledged under the Paris Agreement, according to a new study. Josh Gabbatiss reports
Germany intends to invest €100 million annually into the research of hydrogen technologies. This could be the business of the future, as well as the country’s next top export. However, the future of green gas is still extremely shaky. Daniel Eck reports.
The European Commission registered an official petition on Wednesday (7 July) that calls on the EU executive to set up a minimum carbon price, “discourage the consumption of fossil fuels” and keep global warming to below 1.5 degrees. Sam Morgan reports
Attention energy wonks, the EU’s revised electricity regulation is going to change the electricity grid as we know it. Not just physically, but in terms of market policy: no forbearance with grid congestion and a clear commitment to cross-border trade. Justus Irmen takes an in-depth look.
Recurring heatwaves across Europe have been most devastating for the poor. New EU institutions have a mandate to make Europe’s energy transition a just one, but this can only be done if a European Marshall plan is implemented to fight climate change and protect the vulnerable, writes Yamina Saheb.
In the upcoming days Japan will hosts its first ever G20 Summit. As the main contributers to global warming, the G20 states agreed 2009 on a phase out plan of fossil fuel subsidies. Ten years later the failure of the G20 to act on global warming is evident: around $63.9 billion was spent by G20 countries this year to develop coal industries in the global south. Dr. Rainer Quitzow reveals the facts.
A few days before the EU Summit, climate diplomats are gathering in Bonn to agree on rules for trading CO2 certificates and financial mechanisms designed to support developing countries, two agenda items from the Paris Agreement that remain unresolved. Florence Schulz, author from EURACTIV Germany reports.
Croatia’s plan to construct a liquified natural gas (LNG) import terminal has been on its energy policy agenda for decades, but was postponed over and over again. Finally investors have decided to build the Krk LNG terminal, and argue that it will increase energy security in Central Europe and the Balkans. But its impact can range from maintaining the country’s reliance on fossil fuels to becoming an underutilised piece of infrastructure sapping away governments’ attention from their renewable energy agendas, says John Szabó.
