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The aviation industry and climate change

Here is the aviation industry blasting the hell out of the EU ETS while it ignores a greater danger looming up behind it: climate change.  Increased turbulence will put off customers, more extreme weather events will increase the cost of … Continue reading

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More on operations, less on investment – a better approach for ETS policy makers

EU policy makers have wasted a lot of time because of their fixation with investment as opposed to operations.  Sadly the 2030 energy paper does nothing to change this, it just continues the focus on investors. The EU ETS Directive … Continue reading

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What is (fundamentally) wrong with the 2030 climate and energy package

Last week the European Commission published its 2030 climate and energy package – a bundle of proposals to set out climate and energy policy between 2020 and 2030.  It was an effort at working a compromise between different political and … Continue reading

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Leaky logic about leakage

Carbon leakage is the idea that if a carbon price is imposed on manufacturers in the EU, then manufacturing will shift from the EU to other markets where there is not a carbon price or where the carbon price is … Continue reading

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The unbearable fragility of climate regulations

Someone who loves nature can only be angry at this.  In June of last year the President Obama called for international lending institutions to stop funding coal-fired plants overseas.  The World Bank and the US Export-Import bank both agreed not … Continue reading

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