Lots of coverage of the Tony Blair Institute's report on net zero
Inc. what Tony said & what he didn't
But I spotted this little nugget of a graph which is potentially misleading...
1) it uses old data
2) it is based on primary energy, NOT end-use energy
There's lots of speculation about what happened with recent powercuts across Spain, Portugal and France, and answers may take a while.
It's worth bearing in mind
1) Major blackouts in UK & Europe are rare but have happened throughout history - no system is 100% reliable.
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#MaryRobinsons warns: “Governments can’t support the #ParisAgreement and backdoor fossil fuels.” E3G's report shows how wealthy nations are blocking the energy transition by protecting #FossilFuels via Investor-State Dispute Settlement treaties.
Report: https://t.co/1wivymOacR
Fantastic opportunity to spearhead @e3g work on the energy transition in the EU and work with our wonderful energy transition and Brussels teams. Apply by March 24 https://t.co/WQt9P1yc7L
🚨The UK government officially announced this morning that it will leave the Energy Charter Treaty.
This is the most litigated investment treaty in the world and has hugely benefited the fossil industry.
A meaningful step forward from the UK! 👏
https://t.co/nR1JzQ4wPU
Great numbers from @CarbonBrief. In fact - volatile fossil fuel prices huge risk to UK debt pile. Investing in getting people off #gas is the pathway to strengthen economic resilience said @OBR_UK last year.
(summarised here for you https://t.co/IiKTh1V4Ua)
Context for today's £28bn kerfuffle:
The UK spent a staggering £265bn on energy in 2022 – the most recent data available – including more than £100bn on imported oil and gas alone
Insulating homes + expanding domestic green energy supplies wld bring those numbers down…
NEW 📊 E3G’s 2023 Steel Policy Scorecard reveals limited progress in policy ambition for decarbonising the steel sector. It's time to set emissions reduction targets, implement a market for green steel, and enhance international cooperation. 🛠️🤝
https://t.co/qVHjI4iBOs
Oil & gas upstream industry clearly far from being as bullish as a decade ago. The faster energy transition is casting its shadow. Yet, $500bn on O&G are $500bn not spent on renewables, grids and the likes. Let's change that.
Thanks for these excellent slides @NatBullard
Valuable exchange with Brazil’s Minister @Haddad_Fernando on reducing financing costs for clean energy projects in emerging & developing economies
Innovative solutions are needed to unleash spending on a secure, sustainable & affordable energy future for all
This is probably the only chart you need to see on the question of Biden's "pause" on new LNG approvals
It shows that the world *already* has more than enough LNG capacity built or under construction, unless we collectively trash our global climate goals
https://t.co/wkMs6gEiXE
Not a good look as we’ve just agreed a “transition away from fossil fuels” at #COP28. All the while insulating homes would be much more effective for #energysecurity and peoples’ disposable incomes.
A coalition of 8 NGOs are calling on the @EU_Commission to set a fossil fuel phase out date in its forthcoming 2040 target.
It's time for the EU to align its own policies with those that it pushed for in the final agreement from COP28.
Read the letter 👉 https://t.co/vIoksfjOMG
Hi! An introduction: I just joined think tank @E3G, working with @Energy_in_Asia, @FactFisching +many more. I'm working on energy diplomacy, exploring how Europe can use its relationships with other countries to accelerate the gas->green energy transition🌍Formerly at @FCDOGovUK
Around 50% of the gas used in the UK is imported, but there is a 'financial and security cost associated with importing gas, and that cost – just like carbon – needs to be reflected in every government energy policy decision' writes @heatpolicyrich.
https://t.co/GzwgGhQK0C
The German Council of Economic Experts - traditionally as far from being a fiscal dove as you can get - is now advocating for a makeover of the German debt brake. Real sign that the debate in DE is shifting.