Investors managing more than $34 trillion in assets, nearly half the world’s invested capital, are demanding urgent action from governments on climate change, piling pressure on leaders of the world’s 20 biggest economies meeting this week.
Twelve years. According to the latest IPCC report, that’s how long we have left to make sure global warming doesn’t increase beyond 1.5C. Waiting any longer or allowing temperatures to rise above this limit risks “irreversible impacts.”
The energy transition will hit the poor hardest unless it's balanced by a shift in taxation, says Christian Egenhofer. The EU needs to acknowledge this and get started by lowering taxes on electricity to achieve the EU’s carbon reduction goals at least cost, he argues.
UPDATE: The European Commission warned EU countries today (18 June) that draft national plans for the coming decade are insufficient to achieve the bloc’s 2030 energy and climate targets. "Substantial" gaps have been identified on renewables and energy efficiency.
We are running out of time to achieve the Paris Agreement goal of limiting global warming to 1.5 degrees Celsius by 2030, and need urgent and ambitious climate leadership. Cities are central to this effort – and it is crucial that we continue to enable our cities to address and solve climate challenges, writes Lars Tveen.
European gas storage sites have much to offer in the energy transition, providing a readily available platform to carry new low-carbon gases like hydrogen. What’s not clear yet is whether those gases can be produced in sufficient quantity to significantly cut carbon emissions.
Of the 28 draft national energy and climate plans submitted by EU member states, not a single one is on a pathway to reach net-zero emission by 2050, according to a fresh analysis published on Thursday (16 May).
Departing from its usual supply security role, gas storage is vying for a central position in Europe’s vision of a hybrid energy system combining renewable electricity and low-carbon gases like hydrogen. But getting there won’t be a smooth run and regulators are watching closely.
The governments of France, the Netherlands, Belgium, Sweden, Denmark, Spain, Portugal and Luxembourg have launched an appeal to boost EU climate action ahead of a major summit on the future of Europe taking place in Romania next Thursday (9 May).
Natural gas of fossil origin has “no future” in Europe, Greens have warned as EU energy ministers prepared to sign a declaration on Tuesday (2 April) promoting “smart gas infrastructure” as part of a low-carbon energy mix for 2050.
As the 2019 EU elections loom and a new European Commission takes office, climate action can become a key driver of a reformed EU project for more solidarity, protection and innovation, writes Luca Bergamaschi.
EU heads of states are expected to reiterate earlier commitments on climate action when they meet in Brussels later this week, despite growing calls from youths across Europe to step up the fight against global warming, according to a draft EU summit statement seen by EURACTIV.
As the European Investment Bank (EIB) holds a meeting in Brussels today (25 February) to consult the public on its new energy policy, Wendel Trio reflects on the role the EU’s bank should have in tackling the climate crisis.
Swedish climate activist Greta Thunberg was in Brussels on Thursday (21 February) to take part in one of the climate school strikes that have taken place every week in Belgium since December.
EURACTIV.com does not usually publish speeches. But we decided …
School kids are on climate strike “because we have done our homework” and listened to science, 16-year-old green activist Greta Thunberg told EU policymakers in Brussels today (21 February). “Just unite behind the science, that is our demand,” she said.
Renewable energy will rewrite the geopolitical map, according to the man tasked with taking clean energy global. Adnan Z. Amin also told EURACTIV that any politicians not worried by the “truly frightening” risks of climate change are not in the right job.
A special UN summit scheduled in New York next September will provide “an essential opportunity to mobilise political will to raise global ambition” on climate change, according to a draft EU statement due to be adopted on Monday (18 February).
Energy consumption in Europe rose for the third consecutive year in 2017, pulling the EU further away from its 2020 energy efficiency objective, according to official figures published on Thursday (7 February).
Lignite has been the driving force of the Greek economy for the last six decades and the government intends to keep it that way, even though this most polluting of fuels is now becoming uncompetitive, writes Nikos Mantzaris.