New chapter on Article 6 of Paris Agreement

Launch of a new Global Clean Power Alliance to speed up global shift to renewable energy and helping countries move away from fossil fuels. 

London, December 3, 2024 – European governments face an uphill battle if they are to deliver rapidly approaching and legally binding 2030 climate goals, according to New Energy Outlook: Europe, a new report published today by research provider BloombergNEF (BNEF). BNEF’s base-case ‘Economic Transition Scenario’, which describes how the energy sector evolves as a result […] The post Europe Off-Track For 2030 Climate Targets, Despite Record Clean Energy Investment, According to BloombergNEF appeared first on BloombergNEF.

A thought-provoking afternoon yesterday at POLITICO Europe's Energy & Climate UK Summit to hear about the roadblocks to the country's path to net zero - with speakers from Equinor, Tony Blair Institute for Global Change & Green Alliance. Some scribbled takeaways: ⚡️ Delivering clean power will be central to the country's ability to meet its net zero targets - but the challenges ahead are vast. The UK needs to quadruple its renewable energy generation capacity and double the capacity of the grid, but we need to ramp up the pace of delivery urgently to provide the clean power the country needs. 🗓️ Debating the dates of targets and their respective merits is a massive distraction from our need to focus on the enablers that will get us to net zero. "Targets are secondary to conditions for investment." 👥 People are broadly on board with the need to decarbonise to reach net zero, which is why we have accepted targets in place to achieve this. However, there's been a lack of focus to date on the trade-offs for the general population. 💵 It's a hugely competitive landscape - and other countries have caught up with and overtaken the UK as an investment destination for clean energy. Investors aren't just considering the UK, and so policy and messaging from government needs to be consistent or capital will simply go elsewhere. #netzero #decarbonisation #cleanenergy

Delve into the comprehensive discourse on climate change mitigation strategies with "Six Energy Policies to Save the Planet" by Neil Hirst. This seminal work meticulously examines crucial facets for global environmental stewardship. 🌍 Explore the imperative of expediting renewable energy adoption, pioneering technological innovations, and fostering robust international cooperation to tackle these challenges head-on. As we confront the urgency of climate change, proactive measures like geoengineering governance are crucial. Let's start considering the need for a global treaty to govern geoengineering. Engage in dialogue and action for a sustainable future. #ClimateMitigation #RenewableFuture #GeoengineeringGovernance Pre-order the book now: https://lnkd.in/gwQ2SSEp

As Australia's energy and climate ministers meet this week, the SEC joins a diverse group of organisations calling for much-needed policy certainty. We firmly believe a credible energy framework is essential for attracting low-cost finance, enabling efficient planning, and execution of the transition to net zero emissions. Plus, a focus on ensuring that disadvantaged communities benefit from consumer energy resources like solar, thermal efficiency, and batteries is crucial 🔋☀️ Read the full statement: https://lnkd.in/gFZevwRS Department of Climate Change, Energy, the Environment and Water Department of Energy and Climate Zero Carbon Hydrogen Australia Tennant Reed Australian Industry Group (Ai Group) Australian Aluminium Council Australian Conservation Foundation ACOSS Australian Council of Social Service Australian Energy Council Australian Steel Institute (ASI) Carbon Market Institute (CMI) Cement Industry Federation Energy Networks Australia Energy Users Association of Australia Environment Victoria Erwin Jackson Investor Group on Climate Change (IGCC) National Farmers' Federation Property Council of Australia WWF Energy Efficiency Council Australian Energy Market Operator (AEMO)

This recent report by InfluenceMap sheds light on the persistent influence of the fossil fuel sector in shaping energy policy. It's a call to action for all stakeholders – including investors – in the energy industry to reassess strategies and align them with sustainable practices. 🔴 Industry Opposition: The oil and gas industry has systematically opposed the energy transition since 1967, using narratives that contradict science-aligned policy. 🔴 Narrative Playbook: Three main narratives—Solution Skepticism, Policy Neutrality, and Affordability and Energy Security—have been used to delay renewable energy and electric vehicle adoption. 🔴 Misalignment: Some major oil and gas companies pay high fees to industry associations that do not fully represent their climate policy positions. The full report offers is a valuable resource for those looking to understand the challenges and opportunities posed by policy engagement in the energy transition. Read and download here: https://lnkd.in/gFAJtgYw Or read the report author Tom Holen's article in Social Europe: https://lnkd.in/eWVtMwtg Social Europe Publishing & Consulting GmbH

From the blog - Supporting state action on energy and climate issues: Get to know IE’s Energy Transition Initiative by Alex Hopkins, interim director of UNC Institute for the Environment's Energy Transition Initiative. Read it here: https://lnkd.in/e5hq6z_C

How will shifting politics shape the future of climate innovation? 🌍 Dr. Nadim Maluf, our CEO, shared his perspective with Chloe Aiello of Inc. Magazine on the evolving political landscape and its potential impact on renewable energy and sustainability. This insightful article highlights both the challenges and opportunities businesses face as we work to drive innovation in uncertain times. At Qnovo, we’re committed to pioneering resilient, transformative solutions for a cleaner, more sustainable energy future. 🌱 Read the full article: https://lnkd.in/eAFKnQhJ #Sustainability #ClimateInnovation #RenewableEnergy #EnergyTransition