The business case for hydrogen has received a boost with the European Commission's ‘Fit for 55’ climate and energy package.
EU Green Deal
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.
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.
All new cars on the European market must be zero-emission vehicles from 2035, says the European Commission in its ‘Fit for 55’ package, but questions over affordability and infrastructure are proving difficult to answer.
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.
The world will not run out of minerals any time soon, and while developing domestic supply chains makes sense, this will not make or break the energy transition.
The price of carbon in Europe has doubled this year, and some believe it could double again. Europe’s emitters face a new paradigm of structurally higher EU allowance prices.
Germany prioritises its renewables build-out, electric vehicles and hydrogen in a Covid-19 recovery plan that seeks to extend the Energiewende from the power sector to the rest of the economy.
Poland may have a reputation as a climate sceptic, but by at least one measure it is building back better than most. Nonetheless, it will need to match EU recovery funds with strong climate policies to really break away from coal.
European governments have pledged billions in clean energy investment in their Covid-19 recovery funds, but measures announced so far are a long way off the green recovery many had hoped for.