ClimateWorks Foundation’s Post

New peer-reviewed research | No new fossil fuel projects: The norm we need. A poignant policy paper Dr Fergus Green, (UCL Political Science and School of Public Policy), Dr Steve Pye (UCL Energy Institute) and researchers from the International Institute for Sustainable Development has been published in Science Magazine and argues that stopping new fossil fuel projects is a crucial step for countries to achieve their climate goals. They recommend a "No New Fossil Fuels" norm, which would prevent new fossil fuel exploration and extraction projects and the construction of new fossil fuel power plants. This new fossil fuel development ban would be easier politically, economically, and legally than closing operational projects early. "Our research establishes that there is a rigorous scientific basis for the proposed norm by showing that there is no need for new fossil fuel projects. The clarity that this norm brings should help focus policy on targeting the required ambitious scaling of renewable and clean energy investment, whilst managing the decline of fossil fuel infrastructure in an equitable and just way.” – Steve Pye Read more and explore the article ➡️ https://lnkd.in/guu6WjYz

New peer-reviewed research | No new fossil fuel projects: The norm we need. A poignant policy paper Dr Fergus Green, (UCL Political Science and School of Public Policy), Dr Steve Pye (UCL Energy Institute) and researchers from the International Institute for Sustainable Development has been published in Science Magazine and argues that stopping new fossil fuel projects is a crucial step for countries to achieve their climate goals. They recommend a "No New Fossil Fuels" norm, which would prevent new fossil fuel exploration and extraction projects and the construction of new fossil fuel power plants. This new fossil fuel development ban would be easier politically, economically, and legally than closing operational projects early. "Our research establishes that there is a rigorous scientific basis for the proposed norm by showing that there is no need for new fossil fuel projects. The clarity that this norm brings should help focus policy on targeting the required ambitious scaling of renewable and clean energy investment, whilst managing the decline of fossil fuel infrastructure in an equitable and just way.” – Steve Pye Read more and explore the article ➡️ https://lnkd.in/guu6WjYz

New peer-reviewed research | No new fossil fuel projects: The norm we need. A poignant policy paper Dr Fergus Green, (UCL Political Science and School of Public Policy), Dr Steve Pye (UCL Energy Institute) and researchers from the International Institute for Sustainable Development has been published in Science Magazine and argues that stopping new fossil fuel projects is a crucial step for countries to achieve their climate goals. They recommend a "No New Fossil Fuels" norm, which would prevent new fossil fuel exploration and extraction projects and the construction of new fossil fuel power plants. This new fossil fuel development ban would be easier politically, economically, and legally than closing operational projects early. "Our research establishes that there is a rigorous scientific basis for the proposed norm by showing that there is no need for new fossil fuel projects. The clarity that this norm brings should help focus policy on targeting the required ambitious scaling of renewable and clean energy investment, whilst managing the decline of fossil fuel infrastructure in an equitable and just way.” – Steve Pye Read more and explore the article ➡️ https://lnkd.in/guu6WjYz

Confirmation today that carbon capture and storage (CCS) technology will be considered as part of the $15 billion National Reconstruction Fund is another positive step towards net zero. Carbon capture is a proven and viable emissions reduction tool used around the world for more than 50 years and the technology is gathering momentum globally and here in Australia, with new projects such as Santos and Beach Energy's CCS joint venture at Moomba, South Australia (pictured). Australian Energy Producers has put carbon capture utilisation and storage (CCUS) firmly on the agenda this year, with our Federal Budget submission calling for a national CCUS roadmap to provide clear policy direction, identify and progress priority hubs for low emissions projects and promote Australia as a regional carbon storage leader. The Commonwealth has already moved to review regulations to enable CCUS investment and change legislation to allow the import and export of carbon. Carbon capture is recognised as critical to reducing emissions to get to net zero by the International Energy Agency (IEA), the Intergovernmental Panel on Climate Change (IPCC), Australia's Climate Change Authority (CCA) and the nation's leading science organisation, the Commonwealth Scientific and Industrial Research Organisation (CSIRO). 🔗 Australian Energy Producers 2023-24 Federal Budget Submission: https://lnkd.in/gjMw5ptT

CCS (Carbon Capture and Storage) make more sense, it has the potential to significantly transform earth atmosphere more faster, reducing Greenhouse Gas (GHG) Emissions and make this liveable planet more towards a carbon neutral.

Curious about decarbonization and its impact on our planet? Check out how Argonne National Laboratory is pioneering solutions to reduce carbon dioxide emissions and help mitigate the effects of climate change. From renewable energy research to developing innovative technologies, Argonne’s scientists are tackling this massive challenge to create a sustainable future. Learn more in Argonne’s latest Science 101: Decarbonization! https://lnkd.in/gUHueECA #Decarbonization #Science101

Curious about decarbonization and its impact on our planet? Check out how Argonne National Laboratory is pioneering solutions to reduce carbon dioxide emissions and help mitigate the effects of climate change. From renewable energy research to developing innovative technologies, Argonne’s scientists are tackling this massive challenge to create a sustainable future. Learn more in Argonne’s latest Science 101: Decarbonization! https://lnkd.in/gUch7xRR #Decarbonization #Science101

Join Position Green & 3Degrees for Virtual Academy: Exploring European Environmental Market Dynamics. In this webinar, we'll unravel the latest trends and factors influencing European environmental markets. Market experts from 3Degrees, Stein Amble Haugan and David Zwick, will provide a comprehensive overview of climate tools and technologies, plus dig into the intricacies of various European renewable markets, providing valuable insights, and identifying opportunities and crucial considerations for market participants. Learn more and sign up here: https://lnkd.in/eA6FSy9u

🌱 🇪🇺 In February, the European Commission set a new 2040 #ClimateTarget, aiming for a 90% net reduction in greenhouse gas emissions. To reach the new target, the EU needs to embark on 5 policy trajectories:    1️⃣ Rethink #EnergySecurity & resilience  2️⃣ Design a new industrial policy framework for innovation 3️⃣ Facilitate the renewables pull  4️⃣ Reduce energy consumption  5️⃣ Boost the #hydrogen economy    Find out more in EPICO KlimaInnovation's latest blog post 👇