All posts tagged: fossil fuel


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.

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The IEA Won’t Budge: Fossil fuels, nuclear, and carbon capture remain key to innovation strategies

Despite so much criticism directed at the International Energy Agency (IEA) over the years, the Paris-based intergovernmental organization, which was established in the framework of the Organisation for Economic Cooperation and Development in 1974, refuses to seriously rethink its affinity to fossil fuels and nuclear power – and its timid embrace of renewables.

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How the EU-Mercosur trade deal is worsening the international climate crisis

After twenty years of negotiations, the European Union is in the process of advancing one of the world’s largest free trade agreements with four states of Mercosur. The planned agreement suggests a political path that veers towards a worsening of the international climate crisis. Kathrin Meyer discusses the questionable contents of the political act, which will solidify inequality amongst the trade partners and enable the expansion of environmentally harmful methods.

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Wanted: a double reorientation of energy finance

Several countries’ national determined contributions (NDCs) highlight climate finance as a precondition for the ambitious action needed to achieve development paths compatible with limiting global warming to 1.5°C in 2100. Many hopes have been pinned on new market mechanisms in this context, but the trade-offs demanded by carbon trading schemes continued to be hotly debated at the UNFCCC last week, not least due to their political and economic implications. Laima Eicke reports

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The energy security trap: liquefied natural gas in Croatia

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.

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