Study: 2°C target at risk, without moving subsidies (Updated)

The study, Energy investments under climate policy: A comparison of global models, published in the journal Climate Change Economics (DOI: 10.1142/S2010007813400101 | 2013) explored global energy spending and concluded that low-carbon energy and energy efficiency investments of about 1.1 trillion annually are required, to meet the emissions reduction targets to keep the world below 2°C. In context, additional $0.8…

Conservative Senator Calls out Hypocrisy of Fossil Fuel Incentives

Published on Apr 3, 2014 Senator Grassley on the importance of renewing the wind energy PTC absent comprehensive energy tax reform. Senator Charles Grassley is known to be a long time fiscal conservative Republican Senator from Iowa. Obviously, the size and scope of the Iowa wind industry belies the anti-renewable propaganda of the science denial…

Private enterprise is beginning to take climate change seriously

Nature Editorial (Nature Climate Change doi:10.1038/nclimate2193): Even if some sceptics consider climate science akin to witchcraft and politicians pursue ineffective policies, private enterprise is beginning to take climate change seriously. Climate protection requires no magic solutions, but it does require boldness and resolve from policy makers. Instead, what we have is the kind of political timidity that…

EU could afford to lead international climate action

Late-comers face a clear trade-off between lower short term costs and higher transitional challenges PIK (Potsdam Institute for Climate Impact Research) 03/19/2014 (Translation: Artikel in Deutsch) – This week, the heads of the EU member states will meet in Brussels to discuss the adoption of a 40 percent greenhouse gas reduction target for 2030. Despite…

Why is there no Manhattan Project to Tackle Climate Change?

We must overcome short-termism, inconvenient truths and cuts to R&D and find the Brunels of low carbon technology By Tom Delay (The Carbon Trust): Here’s a thought. If necessity is the motherhood of invention how come we are so far away from the wholesale deployment of low carbon energy technologies that can redeem humanity from…