Why did EON and RWE split themselves into 2?

Wondering why EON and RWE split themselves into 2? Here’s a great analysis by a finance guy on why these 2 big German utilities split, and the lessons for everyone else. The main message is that over the last decade the European energy market has become 2 markets, a current market for low cost power […]

If Pax Americana is over, what should cleantech do next?

American political and business leadership on climate change looks to be a door that’s closing. What should cleantech do next? The rhetorical question begins with geopolitics. It is obviously also presumptive that we are witnessing the end of America’s hegemony. There are many reasons to argue that it is too early to call. Maybe American institutions will […]

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 […]

Obama pokes a stick in Trump’s wheel: Swede to Chair International Energy Agency

As Renovamus reported was likely a fortnight ago, the job to chair the ministerial meeting of the International Energy Agency (IEA) has gone to the Swedish Energy Minister, Ibrahim Baylan. Both the Swedish government and IEA have made announcements on their websites confirming this today. According to the IEA the ministers meet to discuss the IEAs […]

Huge news: 4 megacities to ban diesel by 2025

The Mayors of Paris, Mexico City, Madrid and Athens have announced that they intend to ban diesel by 2025. This is groundbreaking news that, if implemented, will hasten the demise of the oil industry. That is not to say that the oil industry won’t be around for several decades, but it will be swimming in an […]

Swedish cities may ban petrol cars 

Will Swedish cities ban petrol cars? The Swedish Transport Agency’s (Transportstyrelsen) thinks it should, if the country is to fix air quality and reduce GHGs. It has proposed an expansion of the current regulations of heavy vehicles, to include other forms of transport by 2030.  In particular, it aims to exclude private cars, light vehicles and light trucks […]

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 […]

Norway’s National Transport Plan: Opportunities are coming

You may wish to start by reading my post on Norway’s National Transport Plan from yesterday From an entrepreneur’s perspective, Scandinavian countries are small markets.  That could make them less interesting, but they have strong qualities that motivate attention of cleantech entrepreneurs.  Firstly, they are wealthy countries, Norway incredibly so. Secondly, they tend to take the political […]