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European industry is becoming increasingly vocal regarding the challenges it faces in decarbonising production while remaining competitive, a view supported by a recent think-tank report. “The European Union needs to urgently create the conditions necessary to accelerate the industrial transformation if it wants to become carbon-neutral by 2050,” said Patrick Graichen, executive director of Agora Energiewende, a German think-tank. “It has only one investment cycle left to do so,” he added, also pointing out that carbon emissions in the industrial sector merely decreased by 5% between ...

As a result, Europe’s largest economy would emit 1 billion tons of CO2 less, the report ‘ Climate neutral Germany 2045’ by Agora Energiewende, Agora Verkehrswende and the Climate Neutrality Foundation said (link to the report in German here). “Climate neutrality is a race against time. Ever more frequent extreme weather situations have evolved from a threatening forecast to a depressing reality,” said Climate Neutrality Foundation director Rainer Baake, a former state secretary in the Merkel government. “The decisive change of course in the United States makes the growing dynamic ...

Second Energy Transition Council Ministerial & Rapid Response Facility launch Financial facility launched to support countries to convert to clean energy From: The new Rapid Response Facility will coordinate requests for assistance to make this transition Energy Transition Council met on 12 April 2021 with ministers from 25 countries to discuss coal to clean power Developing countries are to receive new UK-funded support to transition away from fossil fuels and towards clean energy. The Rapid Response Facility (RRF) was launched on 12 April 2021 at the second meeting of the COP26 Energy T...

Renewables overtook fossil fuels for the first time because new wind and solar projects came online while coal power shrank.

Renewables generated more electricity than fossil fuels in Europe for the first time last year. Fossil fuel-powered energy fell to 37 per cent whereas renewable sources rose to 38 per cent in 2020, according to a report published today. This means clean energy has overtaken sources like gas and coal in the EU. “It is significant that Europe has reached this landmark moment at the start of a decade of global climate action,” explains Dave Jones, senior electricity analyst at “Europe is relying on wind and solar to ensure not only coal is phased out by 2030, but also to phase out gas ge...