Sweden, the best place to invest your clima-Kronor

Attracted to the notion that its time to move your portfolio out of fossil fuels and into something greener? Or are you a corporate thinking about investments and wondering what the best country for this might be? Look no further than Sweden, the best place to invest your clima-Kronor. Sweden isnt at the top of […]

Last night in Sweden: the government continued to govern

Last night in Sweden: the government continued to govern As Renovamus has said for a while, you can expect this Swedish government to be up for a fight when it comes to values. One UK journalist has spotted the link (röd tråd) between the activist mentality that underlies the issues of women’s health, feminism, freedom of the […]

Sweden’s Deputy PM trolling Trump

The international press asks the question ‘Is this Sweden’s Deputy PM trolling Trump?‘ I’ll provide my answer.  Swedish humour is subtle, but Swedes profound dislike for the ‘leader of the free world’ cant be disputed. As Renovamus said (italics below), you should expect more assertive Swedish climate diplomacy. This is a beginning. This country of 10 million people currently has a […]

Sweden’s new climate law to be in force in 2018

One country is not blinking – Sweden’s new climate law to be in force in 2018. This morning, at a press conference the Prime Minister announced that his government was to submit a new climate law to the Riksdag. The proposed law will follow normal parliamentary procedures, including committees and debate before a final vote. Given that […]

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 […]

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 […]

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 […]

Swedish Minister to chair IEA

First the UN Security Council and now the IEA. Sweden is building a very strong position to influence global energy initiatives. According to Dagens Industri, Sweden’s leading business paper,it has been agreed that Ibrahim Baylan (S), the Swedish Minister for Energy, will be appointed chair of the International Energy Agency (IEA). The IEA, with members from 29 member states, works […]

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 […]

Luxembourg Green Exchange: Where’s the reef?

Today’s FT has written up the opening of the Luxembourg Green Exchange (LGX).  While I am all for innovation of green products generally, and specifically financial products, I don’t see a strong value proposition for this one. As I read it, LGX is trying to define the standard for trading of green bonds.  There seems to be […]