Browsing: climate
When the European Commission settled its emissions cartel case against BMW, Volkswagen, and DaimlerChrysler in 2021, the €875 million fine…
As China heads into its annual Two Sessions in early March, the gap between climate ambition and implementation capacity is becoming a central policy question.
Electrifying industrial process heat is already cheaper than fossil gas in parts of Europe, even under today’s unfavorable electricity pricing.
European power markets recorded over 700 hours of negative day-ahead prices in 2024, representing more than 8% of the year…
Reframing Energy for Age of Electricity: Why Consumer Demand, Not Supply, Is Reshaping Power System
Global electricity demand growth is now outpacing total energy demand growth, a structural shift that is forcing policymakers and investors to rethink how energy systems are measured and planned.
Private Sector Takes the Lead as EU Rethinks Climate Diplomacy Following COP30 Gridlock
Europe’s climate strategy is quietly pivoting, with EU environment ministers signalling a shift toward a more transactional and pragmatic approach in global climate negotiations. The closed-door meeting on February 4 emphasized that Europe can no longer rely solely on consensus-driven multilateralism, particularly after COP30 in Belém, Brazil exposed the limits of political coordination.
Wärtsilä and Abu Dhabi Maritime Academy have signed a five-year memorandum of understanding aimed at addressing structural barriers to sustainable maritime operations across the UAE and potentially the wider GCC.
We are addicted to bad news. In the climate conversation, even the well-intentioned are often paralyzed by the idea that…
Global electricity demand is on track to grow 50 percent faster to 2030 than it did over the past decade,…
The European Investment Bank’s approval of a €3 billion Frontloading Facility underscores growing concern within EU institutions that the rollout of the second Emissions Trading System for heating and road fuels could face public resistance unless its social impacts are managed well in advance.
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