Michael Liebreich is an entrepreneur, expert on clean energy and transport, member of the Board of Trade, and former member of the board of Transport for London. In a new series, he explains what it would take for a Conservative candidate to win an unexpected victory in the 2024 London Mayoral race. Sadiq Khan has […]
Category: Article
BNEF: The Unbearable Lightness of Hydrogen
Two years ago, BloombergNEF published my two-part primer on hydrogen, Separating Hype from Hydrogen. On the supply side, I was optimistic: green hydrogen (produced from renewable energy) would over time become cheaper than blue hydrogen (produced from natural gas but with carbon captured) and eventually cheaper than gray hydrogen (produced from natural gas without carbon capture). […]
BNEF: After Ukraine – The Great Clean Energy Acceleration
Twenty years ago, sustainability was the only real driver of the transition to clean energy. Around ten years ago there was a major acceleration when it became clear that wind, solar and batteries were going to become really cheap; economics also started to drive the clean energy transition. I believe this hellish year is going […]
BNEF: The Quest for Resilience – What Could Possibly Go Wrong?
The word resilience has become increasingly fashionable in climate circles. This week the IPCC published the second part of its sixth Assessment Report (AR6), focusing on climate impacts, vulnerabilities and adaptation. The idea of climate resilience featured prominently. […]
BNEF: COP26 – We’re toast, but let’s toast Glasgow!
Next week, the world’s climate elite roll into Glasgow for COP26, after an extra year’s delay caused by the Covid pandemic. John Kerry, President Biden’s special envoy on climate and former Secretary of State has called Glasgow the world’s “last best hope for the world to get its act together”. Greta Thunberg, the world’s most-quoted […]
The Clean Hydrogen Ladder [Now updated to V4.1]
OK my lovelies, here by popular demand is Version 4.0 of my Clean Hydrogen Ladder. If you’re new to this, it’s my attempt to put use cases for clean hydrogen – whether it be green, blue, pink, turquoise or whatever – into some sort of merit order, because not all are equally likely to succeed. […]
BNEF: Climate Action – It’s The Trade, Stupid
As world leaders gear up for November’s critical COP26 climate summit in Glasgow, carbon border adjustment mechanisms (CBAMs) have been moving rapidly toward center stage. That may not be an entirely good thing. […]
Q1 2021 Newsletter: Unusually busy – some very big news!
Although the pandemic is still raging across Europe and much of the world, data from the UK, Israel and other vaccine leaders shows that there is light at the end of the tunnel. We all need to start preparing for life after Covid, which will be strangely familiar, yet utterly different. I got back to […]
BNEF: Climate and Finance – Lessons from a Time Machine
The global economy’s pivot to low carbon is gathering momentum. By the time of COP26 in Glasgow in November this year, countries responsible for 78% of global GDP will have pledged net-zero emissions by 2050 or, in the case of China and Brazil, 2060. But is the financial system on track to deliver this scale of […]
Time to double down to reach net zero
There is everything to play for through reducing carbon emissions as the world emerges from the Covid-19 recession… […]