Electricity pricing that varies by time can enable consumers to bolster grid flexibility at low cost. Few countries have deployed it widely. Now China is pioneering its widespread use.
The EU and US have come forward with a pledge to cut global methane emissions by at least 30% by 2030. Other large emitters are signing up.
The IPCC’s latest report makes it clear that little time remains to prevent even more dangerous global warming – but to surrender to despair, when clean energy is ready to take over from fossil fuels, would be a mistake.
Global clean energy investment is insufficient to achieve net-zero emissions by 2050. In the US, Senate Democrats intend to use an arcane parliamentary procedure to advance Joe Biden’s climate agenda. It may be the world's best chance to close the spending gap.
Companies are ready to embrace corporate PPAs, but policymakers need to speed up the number of renewable energy projects coming online, says Hannah Hunt, director of the RE-Source Platform, an alliance of clean energy buyers and sellers.
Arguing that electrification will increase carbon emissions is misguided, argues Jan Rosenow from the Regulatory Assistance Project. Instead, the focus must be on bringing more renewables online to make electricity production as clean as possible.
The 'Fit for 55' package announced by the European Commission should be taken as a starting point for ambitious climate action. The European Parliament and EU member states must build on it, not delay its adoption or water down the proposals.
Blistering heatwaves, crippling drought and catastrophic wildfires – abnormal is the new normal in California. Weaning the state off fossil fuels will help tackle these interlinked threats.
Explicitly linking sustainability and financial data reporting, as will soon be required by EU regulation, could provide much-needed clarity for investors and serve as a strategic tool for companies in transition.
Policymakers are increasingly adding elaborate caveats to energy transition pledges in an effort to look ambitious on climate action, while refusing to fully engage with the implications of net-zero emissions for natural gas, writes energy analyst Jonathan Gaventa.