Portfolio standards have helped boost renewables in the US and cut vehicle fleet emissions in Europe. A push is under way to use them to align mortgage lenders with EU climate targets.
Heating and cooling
Investment in renewable heat for industrial processes is lagging. Governments should implement supportive policy and regulatory frameworks to incentivise deployment, says a report from BloombergNEF.
Record-high gas prices could be a tipping point for the energy transition. Business and policymakers in Europe should seize the opportunity for energy efficiency, renewables and green hydrogen.
Industry group COGEN Europe believes the efficient use of renewable fuels, such as biofuels and hydrogen, in buildings could help the EU achieve its 2030 energy efficiency and climate targets.
Policy barriers are preventing capital flowing towards low-carbon transport. Ingrid Holmes, executive director of the UK’s Green Finance Institute, tells Energy Monitor how the organisation plans to bring them down.
Air-source heat pumps are the best way of keeping US homes cool during extreme heat, while boasting lower costs and carbon emissions, reveals a study by not-for-profit RMI.
A study from Cornell and Stanford Universities reveals that blue hydrogen is only slightly climate-friendlier than grey hydrogen, and dirtier than burning gas or coal for heat.
While passive solutions are vital to the decarbonisation of cooling, improving the average energy efficiency of air conditioning is a simple, crucial step forward which governments can enact immediately.
Geothermal energy is touted to play a fairly significant role in the US's future energy mix, but the technology continues to struggle with high upfront costs.
Thousands of new power plants, pipelines, LNG terminals and extraction fields reveal investment strategies laden with climate and financial risk.
The European Commission’s latest attempt to align national fuel taxes and reward cleaner alternatives was always going to be a long shot, but its leniency towards natural gas may make it more palatable to member states.