📣 Exciting New Event: ClimateWorks Foundation and partners, UN Sustainable Development Solutions Network (UNSDSN), GEIDCO(Global Energy Interconnection Development and Cooperation Organization), Sabin Center for Climate Change Law, Columbia Climate School, and UNIDO are co-hosting an official United Nations High-level Political Forum (HLPF) side event. The session will cover how cooperation and smart industry policies can secure resources, knowledge, and funding for transitioning to cleaner energy. Experts will also address misunderstandings of large-scale #Renewables penetration, the speed and scale of their implementation, the limitations of intermittent variable renewables, and more. 📄 Session: Global Race to Decarbonization and Debunking Misconceptions on Key Technologies 🗓 Date: July 11th ⏰ Time: 12 PM PST 📍 Location: Lerner Hall 569, Columbia University / Online Secure your spot! ⬇️ https://lnkd.in/g_vXeXxi
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New peer-reviewed research | No new fossil fuel projects: The norm we need. A poignant policy paper Dr Fergus Green, (UCL Political Science and School of Public Policy), Dr Steve Pye (UCL Energy Institute) and researchers from the International Institute for Sustainable Development has been published in Science Magazine and argues that stopping new fossil fuel projects is a crucial step for countries to achieve their climate goals. They recommend a "No New Fossil Fuels" norm, which would prevent new fossil fuel exploration and extraction projects and the construction of new fossil fuel power plants. This new fossil fuel development ban would be easier politically, economically, and legally than closing operational projects early. "Our research establishes that there is a rigorous scientific basis for the proposed norm by showing that there is no need for new fossil fuel projects. The clarity that this norm brings should help focus policy on targeting the required ambitious scaling of renewable and clean energy investment, whilst managing the decline of fossil fuel infrastructure in an equitable and just way.” – Steve Pye Read more and explore the article ➡️ https://lnkd.in/guu6WjYz
No New Fossil Fuel Projects: The Norm We Need
ucl.ac.uk
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New peer-reviewed research | No new fossil fuel projects: The norm we need. A poignant policy paper Dr Fergus Green, (UCL Political Science and School of Public Policy), Dr Steve Pye (UCL Energy Institute) and researchers from the International Institute for Sustainable Development has been published in Science Magazine and argues that stopping new fossil fuel projects is a crucial step for countries to achieve their climate goals. They recommend a "No New Fossil Fuels" norm, which would prevent new fossil fuel exploration and extraction projects and the construction of new fossil fuel power plants. This new fossil fuel development ban would be easier politically, economically, and legally than closing operational projects early. "Our research establishes that there is a rigorous scientific basis for the proposed norm by showing that there is no need for new fossil fuel projects. The clarity that this norm brings should help focus policy on targeting the required ambitious scaling of renewable and clean energy investment, whilst managing the decline of fossil fuel infrastructure in an equitable and just way.” – Steve Pye Read more and explore the article ➡️ https://lnkd.in/guu6WjYz
No New Fossil Fuel Projects: The Norm We Need
ucl.ac.uk
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New peer-reviewed research | No new fossil fuel projects: The norm we need. A poignant policy paper Dr Fergus Green, (UCL Political Science and School of Public Policy), Dr Steve Pye (UCL Energy Institute) and researchers from the International Institute for Sustainable Development has been published in Science Magazine and argues that stopping new fossil fuel projects is a crucial step for countries to achieve their climate goals. They recommend a "No New Fossil Fuels" norm, which would prevent new fossil fuel exploration and extraction projects and the construction of new fossil fuel power plants. This new fossil fuel development ban would be easier politically, economically, and legally than closing operational projects early. "Our research establishes that there is a rigorous scientific basis for the proposed norm by showing that there is no need for new fossil fuel projects. The clarity that this norm brings should help focus policy on targeting the required ambitious scaling of renewable and clean energy investment, whilst managing the decline of fossil fuel infrastructure in an equitable and just way.” – Steve Pye Read more and explore the article ➡️ https://lnkd.in/guu6WjYz
No New Fossil Fuel Projects: The Norm We Need
ucl.ac.uk
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Take the chance to sign up for this webinar and listen to the latest on renewables from the experts at our trusted partner 3Degrees Group, Inc.
Join Position Green & 3Degrees for Virtual Academy: Exploring European Environmental Market Dynamics. In this webinar, we'll unravel the latest trends and factors influencing European environmental markets. Market experts from 3Degrees, Stein Amble Haugan and David Zwick, will provide a comprehensive overview of climate tools and technologies, plus dig into the intricacies of various European renewable markets, providing valuable insights, and identifying opportunities and crucial considerations for market participants. Learn more and sign up here: https://lnkd.in/eA6FSy9u
Position Green & 3Degrees Virtual Academy - Exploring European Environmental Market Dynamics
3degreesinc.zoom.us
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Confirmation today that carbon capture and storage (CCS) technology will be considered as part of the $15 billion National Reconstruction Fund is another positive step towards net zero. Carbon capture is a proven and viable emissions reduction tool used around the world for more than 50 years and the technology is gathering momentum globally and here in Australia, with new projects such as Santos and Beach Energy's CCS joint venture at Moomba, South Australia (pictured). Australian Energy Producers has put carbon capture utilisation and storage (CCUS) firmly on the agenda this year, with our Federal Budget submission calling for a national CCUS roadmap to provide clear policy direction, identify and progress priority hubs for low emissions projects and promote Australia as a regional carbon storage leader. The Commonwealth has already moved to review regulations to enable CCUS investment and change legislation to allow the import and export of carbon. Carbon capture is recognised as critical to reducing emissions to get to net zero by the International Energy Agency (IEA), the Intergovernmental Panel on Climate Change (IPCC), Australia's Climate Change Authority (CCA) and the nation's leading science organisation, the Commonwealth Scientific and Industrial Research Organisation (CSIRO). 🔗 Australian Energy Producers 2023-24 Federal Budget Submission: https://lnkd.in/gjMw5ptT
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CCS (Carbon Capture and Storage) make more sense, it has the potential to significantly transform earth atmosphere more faster, reducing Greenhouse Gas (GHG) Emissions and make this liveable planet more towards a carbon neutral.
Confirmation today that carbon capture and storage (CCS) technology will be considered as part of the $15 billion National Reconstruction Fund is another positive step towards net zero. Carbon capture is a proven and viable emissions reduction tool used around the world for more than 50 years and the technology is gathering momentum globally and here in Australia, with new projects such as Santos and Beach Energy's CCS joint venture at Moomba, South Australia (pictured). Australian Energy Producers has put carbon capture utilisation and storage (CCUS) firmly on the agenda this year, with our Federal Budget submission calling for a national CCUS roadmap to provide clear policy direction, identify and progress priority hubs for low emissions projects and promote Australia as a regional carbon storage leader. The Commonwealth has already moved to review regulations to enable CCUS investment and change legislation to allow the import and export of carbon. Carbon capture is recognised as critical to reducing emissions to get to net zero by the International Energy Agency (IEA), the Intergovernmental Panel on Climate Change (IPCC), Australia's Climate Change Authority (CCA) and the nation's leading science organisation, the Commonwealth Scientific and Industrial Research Organisation (CSIRO). 🔗 Australian Energy Producers 2023-24 Federal Budget Submission: https://lnkd.in/gjMw5ptT
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It's a long and windy path from feasibility of carbon removal in the lab to commercial-scale operation. Despite increasingly urgent calls from the IPCC for expansion of carbon removal, the number of commercial-scale operating systems has hardly budged in the last six years, according to this slide from Nat Bullard's climate deck last week. The good news is that there’s a well worn playbook for scaling climate tech adoption and we’ve seen it work again and again with renewables: financial incentives move markets. Research from Boston Consulting Group (BCG) last year estimated that durable carbon removal will need on the order of ~$200B in investment to reach a threshold for wide-scale adoption. I estimate that government tax incentives, prizes, and research grants are collectively driving around $2-3B/yr right now into the durable carbon removal industry. Meanwhile, there is one carbon capture solution that is already operating at gigaton scale: nature. 🔗 to article in comments And a big shoutout to Jim Giles who pointed out that slide amidst the stack of 200! #cdr #climatefinance #climatesolutions
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🌱 🇪🇺 In February, the European Commission set a new 2040 #ClimateTarget, aiming for a 90% net reduction in greenhouse gas emissions. To reach the new target, the EU needs to embark on 5 policy trajectories: 1️⃣ Rethink #EnergySecurity & resilience 2️⃣ Design a new industrial policy framework for innovation 3️⃣ Facilitate the renewables pull 4️⃣ Reduce energy consumption 5️⃣ Boost the #hydrogen economy Find out more in EPICO KlimaInnovation's latest blog post 👇
Moving Towards the New 2040 Climate Target
epico.org
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The Annual Report 2022 of the European Climate Neutral Industry Competitiveness Scoreboard has been published. The report includes a chapter on permanent magnets in the context of e-mobility and wind energy technologies as main pillars of EU towards decarbonisation. I am very happy that I had the opportunity to collaborate as external expert in the elaboration of this chapter. The 2022 annual report of the European Climate Neutral Industry Competitiveness Scoreboard (CIndECS) presents an assessment of key climate-neutral solutions that have high potential to support the competitiveness of European industry, while also benefiting Europe’s socio-economic development, aligned with the European Green Deal, its Industrial Plan, and the objective of climate neutrality by 2050. The publication is a Science for Policy report by the Joint Research Centre (JRC), the European Commission’s science and knowledge service, and it aims to provide evidence-based scientific support to the European policymaking process. The Report is part of an administrative arrangement between DG GROW and JRC: CIndECS. You can read the complete report by following this link: https://lnkd.in/eWcQVV-R Authors: A. Kuokkanen, A. Georgakaki et al.
European Climate Neutral Industry Competitiveness Scoreboard (CINDECS) - Annual Report 2022
publications.jrc.ec.europa.eu
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Join Position Green & 3Degrees for Virtual Academy: Exploring European Environmental Market Dynamics. In this webinar, we'll unravel the latest trends and factors influencing European environmental markets. Market experts from 3Degrees, Stein Amble Haugan and David Zwick, will provide a comprehensive overview of climate tools and technologies, plus dig into the intricacies of various European renewable markets, providing valuable insights, and identifying opportunities and crucial considerations for market participants. Learn more and sign up here: https://lnkd.in/eA6FSy9u
Position Green & 3Degrees Virtual Academy - Exploring European Environmental Market Dynamics
3degreesinc.zoom.us
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