Policy & RegulationPolicy & Regulation
There is mounting evidence that climate change and environmental degradation pose an existential threat. Climate change drives policy-makers into a state of self-examination, says Andrew Hammond. He asks: Is the hallowed principle of ‘market neutrality still relevant in light of the climate emergency? Hammond: If central banks hope to adapt to this looming threat, they must create a framework that considers a dramatically changed environment (low rates for longer with rising vulnerabilities…), shifting demographics, economic stagnation and the erosion of multilateral policy rules. He says central banks should start thinking more proactively about policies that can help create a more sustainable sustainable future. Hammond: There are, arguably, three possible perspectives on monetary policy neutrality: one that keeps things unchanged; one that uses a neutral policy rate (NPR), one that redefines ‘neutrality;. One possibility would be a ‘Gross Welfare Product’ and one that would be ‘Discarding market neutrality’.
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Chemical Industry could go totally carbon neutral
Switzerlands Federal Council has decided that the country should become carbon-neutral by 2050. This may be challenging as far as car traffic and the entire power sector are concerned. A switch of this kind will be more difficult for the chemical industry.
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Mythbusting: The footprint of renewable energy
By 2017, only 43,500 tons of PVP waste was created worldwide. By 2050 this number is expected to rise to 60 million tons. With better eco-design and new technologies, we may soon be able to re-use all of it.
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Russia's hydrogen for Japan
Russia is all set to gain a foothold in the global hydrogen sector. It looks like a bid to be a key supplier for Japan, which has ambitious targets for adoption of the fuel by 2050. Russi hs been burned erlier on by delys in securing .
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Pandemic upends commercial renewable energy demand
The covid-19 pandemic is disrupting industries around the world, including renewable energy. Experts caution that corporate renewable energy demand could drop off. Solar projects linked to corporate power purchase agreements in Europe could be delayed by the virus outbreak and new projects are.
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Having ‘Impossible’ conversations about energy
The author pushes the reader to listen to those at the extremes to find common ground. We may or may not agree that climate change is happening but we can agree that some technologies will move faster than others! The magic really happens in the middle when we.
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Responding to Coronavirus: Low-carbon Investments Can Help Economies Recover
The COVID-19 pandemic is first and foremost a human tragedy. The virus has also hit society like a global tsunami, disrupting travel, cutting off communities. Chinas industrial output has dropped 15% to 40% since the crisis began.
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An initiative to establish battery cell production in Germany and Europe
Two large-scale European projects are currently being developed in Europe to innovate and manufacture battery cells. The projects are to cover the entire value chain of battery cell manufacturing, from the materials to manufacturing and recycling. European Commission gave go-ahead for .
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5 Strategies that achieve climate mitigation and adaptation simultaneously
Coastal wetlands, mangroves and seagrasses are unique coastal ecosystems. They defend coasts against sea level rise by buffering storm surges and floodwaters. Mangrove forests currently hold the equivalent of more than two years of global.
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Uruguay, Latin America’s renewable champion
Uruguay now produces more than 97 percent of its electricity from renewable energy sources. The country has undergone a remarkable change in its energy sector in recent years. Wind farms across the country had lowered these costs by more than 200 million US dollars annually.
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