Sweden ups rhetoric and ambition on EU ETS reform

Svenska Dagbladet, a leading Swedish newspaper, today reports on the strong rhetoric and proposals from the Swedish government on European emissions targets. The Deputy Prime Minster, Isabella Lövin, and Industry Minister, Mikael Damberg, want the cancellation of EUAs, rather than storage in a reserve, sending a clear price signal to the market.  In addition, the government wants to be […]

Can-kicking becomes a national passtime in Australia: Energy industry becoming uninvestable

The global climate media has picked up on an apparent u-turn in Australian domestic politics during the week, when the Environment Minister was forced to reverse his own comments within 48 hours under the face of withering political attack. Whether there was a u-turn or not depends on your perspective of what the Australian cabinet had […]

Marrakesh: A signal that old energy’s back is broken

Last week the FT wrote that ‘Marrakesh sent a strong signal on climate change‘, and ‘Donald Trump’s sweeping victory in the US presidential election has revealed a profound shift in the world’s commitment to fixing one of its most intractable problems: climate change. But it is not the shift that might have been expected after the […]

Sweden to become the first fossil-free industrial state

Prime Minister, Stefan Löfven says that Sweden will become the first fossil-free industrial state.  Is that really going to happen, and, if so, what does it mean?  This analysis was coauthored by Sean Williams (Renovamus) and Magnus Nilsson, a Swedish consultant on green issues, and a frequent commentator in the Swedish press.  The timing for its publication […]