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Externalities need government recognition for business
Interview with Rolando Polli, co-founder of Ambienta, Europe’s main environmental private equity fund. Although well known in academic circles, the concept of externalities is not fully recognised and applied in the energy sector when it comes to implementing energy plans and
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Wealth Fund Ban Betrays Norway’s Awkward Fossil Fuel Goals
Western Europe’s biggest oil producer has decided coal is too dirty to invest in. Norway’s $890 billion sovereign wealth fund, built on more than four decades of extracting crude from the North Sea, was ordered by lawmakers on Wednesday to limit holdings
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Renewable Energy Employs 7.7 Million People Worldwide, Says New IRENA Report
More than 7.7 million people worldwide are now employed by the renewable energy industry, according to a new report released today by the International Renewable Energy Agency (IRENA). This is an 18 per cent increase from last year’s figure of
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European Commission drops demand to cut fossil fuel subsidies
The European Commission removed calls to end subsides for fossil fuels in its yearly audit of 26 economies, raising questions over its commitment to addressing climate change. Last year, the EU’s executive arm told Italy to “remove environmentally harmful subsidies” and ordered France and Belgium to
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Govt Supports Gas Exploration in Petišovci
A senior government official voiced support Thursday for a major gas exploration project in eastern Slovenia, despite growing protests by green groups keen on stopping the project in its tracks. Its estimate is that production in the first phase would
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Shell lobbied to undermine EU renewables targets, documents reveal
Shell successfully lobbied to undermine European renewable energy targets ahead of a key agreement on emissions cuts reached in October last year, newly released documents reveal. At the time of the deal European commission president, Jose Manuel Barroso, said: “This package
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Easy access will determine future energy use
Interview with Prof. Maurizio Masi, full professor of Politecnico of Milan Why is the concept of externality – well known in the academic world – neither recognised nor applied when it comes to planning or implementing energy policies? Simply because politics itself
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Fossil fuels subsidised by $10m a minute, says IMF
Fossil fuel companies are benefitting from global subsidies of $5.3tn (£3.4tn) a year, equivalent to $10m a minute every day, according to a startling new estimate by the International Monetary Fund. The IMF calls the revelation “shocking” and says the figure
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Climate Change The Facts Book Review
Climate Change: The Facts was released in 2015, paid for and published by the Institute of Public Affairs (IPA), which does sound all good and wonderful as being an unbiased champion for the public good type of organization. However, even with
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