Is my natural optimism running ahead of itself or did we have a bit of a lightbulb moment this week when the Court of Appeal rejected the third runway at Heathrow because the previous Conservative Government’s legal team ignored the UK’s commitments under the Paris 2016 agreement? Whatever you believe about runways, this should surely … Read More
The week where two of the world’s richest men throw their pocket money at their favourite causes. Not sure either has completely thought through the ramifications. Although the announcement by Jeff Bezos to give $10bn to fighting climate change is welcome, as Politico says (HERE) is he part of the solution or part of the … Read More
The UK game of musical chairs continues: Welcome, Alok Sharma to the role/hot seat of Secretary of State for Business, Energy and Industrial Strategy (BEIS) as well as Minister for COP26 climate summit. He will have his work cut out. He comes from the Department of International Affairs, but has few obvious green credentials. According … Read More
Theme for this week is how the energy transition juxtaposes traditional connections: jet fuel made from water, roads and schools made from plastics, even American muscle cars turning into electric SUV’s Company news Ørsted posts bumper earnings, eyes hydrogen investments Ørsted earnings for 2019 “exceeded expectations” with operating profit up 17 per cent to £1.99bn … Read More
Emissions trading “compliance markets” create a market based solution to drive reductions in CO2 and other nasty gasses. Ursula von der Leyen is quite right to require all polluting countries to adopt schemes. The evidence from all the markets so for operative is that if properly set up they do encourage polluters to drive emissions … Read More
Pleasing to see three corporate heavyweights stirring themselves on Climate Change. Company news World’s biggest fund manager vows to divest from thermal coal BlackRock, the world’s largest fund manager, has announced it will put sustainability at the heart of its investment decisions. In his annual letter to chief executives, the BlackRock boss, Larry Fink, writes … Read More
From now on every year counts if we are to hit zero-carbon targets. The number highlighted in our “focus on” below show a mixed picture for 2019. It is clear that there is still a need for the deployment of renewables to step up a gear, so it is encouraging to see announcements of subsidy-free … Read More
This will be the last Titbits of the year, which is my excuse for a short wish list that might help drive the energy transition. Here in the UK we need the new government to show proper commitment to “Getting te transition done”. Spending a few pennies supporting new, and in some cases improbable technologies … Read More
Whilst in Madrid they talk the talk, we direct our lens at those who are actually looking to build the renewables that will enable the energy transition Company news…. Repsol Is First Oil Major to Pledge Zero Emissions by 2050 Repsol SA embarked on the most ambitious attempt yet by an oil major to align … Read More
It is COP25 time. Not sure whether to be optimistic or otherwise this time. On the one hand the topic of Climate Change is front and centre in the news, but on the other, that news is ever more alarming. Pull together time… Company news…. Mitsubishi to buy Eneco as energy management push advances Mitsubishi … Read More