This week, as delegates from nearly 200 nations congregate in Katowice for COP24, the 24th annual UNFCCC conference on climate change, ‘tis the season to take stock of the state of climate politics around the world. Spoiler alert, it’s not a particularly jolly read.
The physics behind pro-growth environmentalism…
In my article this March entitled Beyond Three Thirds, The Road to Deep Decarbonization, I referred to the vast opportunities that beckon in clean energy and transportation beyond the core markets of wind, solar, batteries and electric vehicles. Today I want to take a deep dive into commercial transportation, aviation, shipping and trains.
The world is facing a number of very grave threats – climate change, air and ocean pollution, organised crime, cyber-threats, antibiotic resistance, pandemics, cancer, dementia, road deaths, persistent poverty and so on – all of which demand some form of intervention and leadership by the state. What is at issue is the way in which the state should intervene.
Oil and gas companies are not the only ones facing a crucial decision between Vicar of Bray and Sunset Ride in the face of the transitions to clean energy and transport.
In my BNEF Summit keynote in London last September, I talked about how far clean energy and transport had come over the last fifteen years. Where renewable energy used to be dismissed as “alternative”, I talked about the “new orthodoxy” of what I called the Three-Third World: by 2040 one third of global electricity will […]
In my BNEF Summit keynote in London last September, I talked about how far clean energy and transport had come over the last fifteen years….
Not if low-carbon transformation is at the heart of the government’s industrial strategy.
Former Saudi oil minister Sheikh Yamani famously predicted that “the Stone Age did not end for lack of stone, and the Oil Age will end long before the world runs out of oil.”
Those of you who attended this month’s Bloomberg New Energy Finance EMEA Summit in London will have witnessed “Breaking Clean”, the last of my State of the Industry keynotes.