Autumn 2020 has seen a dramatic net-zero shift among the world’s industrial giants, with China and South Korea aiming for carbon-neutrality by 2060 and 2050, respectively, and Japan – for climate neutrality by 2050. East-Asian economies, along with the EU, are leading the global climate efforts in terms of long-term ambitions, but a closer look at energy transition progress and the climate policies reveals another potential global leader – India. Maria Pastukhova investigates.
All posts tagged: decarbonize
Good riddance to 2020, but there was still cause for cheer
Given the flood of media we all experienced in 2020, in particular as we were stuck inside our homes, one of the challenges is finding and holding onto some of the good and positive developments in the stream. For his first blog post in 2021, our leader writer, L. Michael Buchsbaum reviews some of his energy transition highlights from 2020. This is by no means an exhaustive list. Once you’ve read through the end, please feel free to comment and share with us your own “good news” from 2020.
Gender-Responsive Climate Policy as a chance for a Colombian coal phase-out?
The recent publication “Gender-Responsive Climate Policy – a Case Study of the Colombian Coal Sector” showed that climate policies must take gender into account not only to limit the destructiveness of the current climate crisis but also to achieve a just transformation of the Colombian coal sector. Kathrin Meyer explains the advantages of this approach and its international relevance.
Coal collapse in Western Europe: Nations accelerate closure plans
We are all looking for some good news. Here’s some: coal is tanking globally, nowhere faster than in the EU including the UK. With over 8.3GW of generation capacity coming offline during the first half of the year, coal-fired energy has fallen by almost a third across Europe. Even better: at least another 6 GW of capacity is scheduled to shutter during the second half of 2020 as Spain and Portugal join Sweden and Austria in ending their coal ages. As part of a series on the global decline of coal in 2020, L. Michael Buchsbaum takes a look at Europe, where coal is increasingly unwelcome.
Decarbonization Plan in Chile: An unambitious but dynamic process
Chile is facing important debates for its future. The South American country is immersed in a process to establish a new constitution to manage a multifactorial crisis situation to which the social-environmental crisis contributes heavily. In parallel, the country is committed to becoming carbon-neutral by 2050. Hence, the institutional framework, and the path to reach it, are key. Maximiliano Proaño reports
China: The Emperor’s New Clothes are “Carbon-Neutral”
On September 22 China’s President Xi has delivered the country’s new pledge to reach peak carbon emissions earlier than 2030 and carbon neutrality by 2060 to the UN General Assembly. If pursued, this pledge marks a fundamental shift in China’s global climate ambitions and will have profound long-term impact on the global economy and energy markets. How sustainable will this impact be for the globe? Well, it all depends. Maria Pastukhova has the details.
Tremendous, but untapped potential: a Green Recovery for Latin America
During the last months, Latin America has become the main COVID-19 focus worldwide. In early September, the region concentrated more than 27% of the COVID-19 cases globally and 31% of its deaths. High rates of inequality and poverty, failures in the health system and political instability are the main reasons for this dramatic situation. And it seems to get worse in the upcoming years: according to the UN COVID-19 will result in the worst recession in the region in a century, causing a 9.1% contraction in regional GDP in 2020. Consequently, the number of poor could increase by 45 million (to 230 million in total) and the number of extremely poor by 28 million (to 96 million in total). As political and social instability has already characterized 2019, the risk of a period of human rights violations and a lack of democracy is real. Maximiliano Proaño reports
Green illusions: will the EU’s Clean Hydrogen plan worsen our climate crisis?
To achieve greenhouse gas neutrality by 2050, in early July the European Commission (EC) published their new Hydrogen strategy for a climate-neutral Europe. Though the promise of a future green hydrogen-based system is the main selling point, in reality the near-term hydrogen economy will be dependent on a nightmarish mix of fossil gas-derived “grey” hydrogen, later supplemented by “blue” hydrogen, itself dependent upon the proving out of non-functional carbon capture and sequestration technologies (CCS). Behind the scenes, the oil and gas industry and their allies are pushing for a “technology-neutral” hydrogen future, thus ensuring them a handsome stream of profits. Despite the green label, there is every reason to suspect that the coming hydrogen transition will be exponentially dirtier than expected. L. Michael Buchsbaum reminds us to be skeptical in Part II of a series on the promises and pitfalls of green hydrogen.
Silver bullet or Trojan Horse: Clean Hydrogen poses as much promise as pitfall
Heralded as the missing puzzle piece within a fully decarbonized economy, the European Commission has determined clean hydrogen is the 21st Century solution to arresting climate change. Published in July, their new Hydrogen Strategy is also a jobs plan and pathway towards unifying the EU around a holistic energy and economic policy. But despite being framed as a green energy program, there’s a growing realization that the transition will be dirtier than expected. For the short term at least, the plan rests heavily on using fossil gas as “a bridge fuel” once again. L. Michael Buchsbaum reports in the first of a series on the evolving hydrogen revolution.
Go green or get out? The impact of an EU carbon border adjustment on third countries
The European Union (EU) is planning to tax carbon-intensive products as a strategy to decrease global emissions and avoid carbon leakage. But will exporters be able to adapt? Lilia Maximova, Gabriela F. Kilpp, Natalia Koto, and Bárbara Martins take a look.