"... recent surges in energy prices could complicate the achievement of temperature goals ..." - The more expensive fossil fuel energy is, the less likely people are to invest in renewables?
Think Gasoline is expensive now? From 2024, US Oil and gas companies will face impossible operating conditions, with the US EPA promising to impose a $900 / ton methane release fee, rising to $1500 per ton by 2026.
This increase has been deliberately engineered by government, in order to push up the cost of fossil fuel generation so as to make expensive renewables competitive.
European gas prices are driven by the competitive dynamics between gas and coal plants. As a result, the 80% surge in carbon EUA prices since Nov-20 is pulling European gas curves higher. European power & Asian LNG...
There is no even theoretically feasible engineering path to affordable renewable energy, but Biden's new White House Council of Environmental Quality hire Jane Flegal thinks she can make climate action affordable and politically...
According to the Sydney Morning Herald, the EU and Biden administration working together could together impose a global carbon price to which even China would have to submit...
Surging fossil fuel use and exports, no large scale carbon pricing scheme, no carbon target - almost as if the Australian government and the people who voted them into office think the climate crisis is a total joke.
According to The Guardian, the Australian Government is "more concerned with the impact of short term electricity price rises on a small number of highly energy-intensive manufacturers" than solving the climate crisis.
Guest essay by Eric Worrall As Germany and Europe reels from the economic impact of Covid-19, German Chancellor Angela Merkel has just added to the reasons for not investing in Europe, by demanding manufacturing and transport...
Watts Up With That Guest post by Roger Caiazza, I have previously described the Transportation and Climate Initiative (TCI) framework and Memorandum of Understanding (MOU)...
The Trump Administration should review the undue influence of billionaire foundations funding the Tar Sands Campaign, which has resulted in a close-to-approval legislated tanker ban on the West Coast and turned Canada’s...
From the I’ve been telling you so for some time now department comes this headline from Bloomberg. And it is getting desperate in the carbon market. Readers may recall last week I reported two new record lows on the...
Sluggish German economy forces EU carbon to record low 17 Jan 2013 17:26 Last updated: 17 Jan 2013 21:32 LONDON, Jan 17 (Reuters Point Carbon) – EU carbon prices hit a fresh record low on Thursday as poor economic data...
Global Carbon Market Hits $176 Billion in 2011 By Jo Nova Global Carbon Market trading climbed to $176 billion in 2011 according to the The World Bank, which has just released it’s annual State and Trends of The Carbon...
Professor Bob Carter writes: A rather remarkable thing happened in Australia last week, which was the leaking of an internal government document issued to all Labor MPs (probably from the PM Gillard’s office) with 16 pages...
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