At first glance, this may seem like a trivial question but in the context of the Brazilian Amazon, heavily deforested over the last half-a-century, understanding the links between commodity prices and deforestation is important given ever-increasing demand for beef and dairy products. Tropical forests host critical biodiversity ‘hotspots’ as well as providing a range of important ecosystem services, in […]
Unlike most other goods, electricity cannot be cost-effectively stored even for short periods. Supply must always meet demand, or you have blackouts. In addition, electricity demand is highly variable and inelastic (Ito 2014). As a result, electricity markets clear mostly on the supply side, with production ramping up and down to meet demand (Borenstein 2000, Griffin and Puller 2005). […]
The device you are using to read this blog contains at least a dozen different types of minerals, many of which most likely come from modern large-scale mines in developing countries. As these mining operations tend to be located in poor rural locations, the question of how neighbouring populations are affected by their expansion becomes an interesting one. The […]
Electric cars are often advertised as “zero emission vehicles”. Although it is true that they don’t have tailpipes, electric cars are charged from the electrical grid, and most electric power plants release air pollution emissions through their smokestacks. So which is cleaner, tailpipes or smokestacks?
As with real estate valuation, the answer depends on three factors: location, location, location. In […]
Color of green (bike parking at Bologna station), by DaiLuo, under a CC-BY-2.0 licence
Four trends are reshaping the European energy system. Decarbonisation and digitalisation are leading to decentralisation and convergence. Thanks to strong public policy decisions, decarbonisation is reshuffling the European energy mix. Meanwhile, innovation in digital technologies is enabling disruptive changes in the management of energy systems. This is […]
Algerian desert, by Magharebia, under a CC-BY-2.0 licence
It is in Europe’s interest to foster stability, security and prosperity in North Africa. But so far Europe’s attempts to promote economic and political reform in the region have failed. The aftermath of the so-called ‘Arab Spring’ demonstrated the limitations of the EU’s leverage over economic and political developments in North Africa. But […]
Colour Scheme, by Mark Robinson, under a CC-BY-NC- 2.0 licence
The UK will soon break ground on its first new nuclear power plant in more than 20 years now that PM Teresa May has signed off on Hinkley. While clearly a political decision, given the involvement of both French and Chinese companies, my colleagues and I at Bloomberg New Energy Finance […]
The threat of climate change requires a transition of society away from fossil fuels towards renewable energies. Such transition cannot be achieved in a context of economic stagnation. The deplorable state of the European economy is the direct consequence not of the financial crisis of 2008/09, but of the seemingly unsolvable euro zone crisis. This places the long-term challenge […]
The Paris Agreement on Climate Change calls for further emission reductions, more efforts to increase our resilience to climate impacts, and support for those who are affected by a changing climate. Under the heading ‘Loss and Damage’ this third pillar of the international climate architecture has gained prominence over the last few years and is now an official element […]
Improving environmental performance remains a key concern for many organisations, with consumer and NGO expectations regarding sustainability increasing. Whilst much attention has focussed upon adopting new technologies, supply chain innovations and production efficiencies, there has been a growing appreciation of the role that individual employees may play in reducing the environmental impact of an organisation’s activities.
Organisations and academics have […]
Something quite remarkable is happening in China. The country’s coal use grew at more than eight per cent per year between 2000 and 2013. But, in 2014, coal use barely grew at all and then it actually fell by more than three per cent in 2015.
Figure 1: Chinese coal consumption, 1990–2015
Source: China National Bureau of Statistics
This drop in coal consumption […]
The efficiency of environmental communication should be built throughout business practices. Natural Resources Institute Finland (Luke) (www.luke.fi) has studied this issue by interviewing companies in the Nordic woodworking industry and by analysing recent developments in environmental performance measures.
Wood is a renewable raw material, and thus the environmental performance of wood product companies has the potential to give them a […]