Tag: Carbon Price
The Realistic Future Of Carbon Capture: Pure Streams, Right Locations, Smart Uses
Carbon capture and storage has been marketed as a general solution to climate change. The record shows it is not. Where it does make sense is where chemistry gives you a high-volume, concentrated stream of CO2, where geography puts that stream on top of storage or at a pier with … [continued]
The post The Realistic Future Of Carbon Capture: Pure Streams, Right Locations, Smart Uses appeared first on CleanTechnica.
Weakening The EU 2040 Target Would Fail To Deliver Clear Signal To Businesses & Consumers
EU government ministers have agreed on a watered-down 2040 emissions reduction target of 85%, inclusive of reliance on offsets. EU ministers have agreed on a weakened 2040 climate goal. The reduced target of 85%, along with the provision that up to 5% of that reduction can be achieved by international … [continued]
The post Weakening The EU 2040 Target Would Fail To Deliver Clear Signal To Businesses & Consumers appeared first on CleanTechnica.
Tax Fossil Fuel Profits to Reduce Exposure to Energy Price Spikes or End Subsidies
Fossil fuel companies made €180bn in taxable profits in the EU in the two years following Russia’s invasion of Ukraine Fossil fuel companies made over €180bn in profits in the EU in the two years following Russia’s invasion of Ukraine, analysis on behalf of T&E shows¹. T&E calls for excess profits … [continued]
The post Tax Fossil Fuel Profits to Reduce Exposure to Energy Price Spikes or End Subsidies appeared first on CleanTechnica.
ETS2 Reform Will Limit Price Spikes and Make Redistribution Easier, Says T&E
It is now down to governments to properly support low and middle-income families to transition away from fossil fuels and to a more secure energy future The EU Commission last night confirmed that it will keep prices for its upcoming carbon price on road and heating fuels stable, to avoid … [continued]
The post ETS2 Reform Will Limit Price Spikes and Make Redistribution Easier, Says T&E appeared first on CleanTechnica.
Capitalism at a Crossroads: Profit & Public Purpose in Clean Energy
Brett Christophers has put his finger on an uncomfortable truth. Renewable energy has reached the point where it is often cheaper to generate than fossil fuels, yet the rate of investment is still far below what climate targets demand. His book, The Price is Wrong: Why Capitalism Won’t Save the … [continued]
The post Capitalism at a Crossroads: Profit & Public Purpose in Clean Energy appeared first on CleanTechnica.