Emissions

The EU has already taken important actions for private finance to support the transition to a greener economy, and it cannot waste this one chance to finish the work. The sustainable finance legislative framework could help boost the European economy going forward – it is the last stretch before reaping the benefits of the efforts made so far.

Carbon emissions from transport will still account for 44% of Europe’s total in 2030. The sector's decarbonisation comes with broad challenges, including industrial transformation to scale new technologies, secure local green jobs, and ramp up new supply chains. Transport & Environment's Julia Poliscanova looks at the building blocks of a successful mobility transition for the next European Commission. 

Britain’s right-wing news outlets have sown doubt on the viability of net zero, and the government has pushed back targets and issued new licences for North Sea exploration. Hazel Healy explains how a group of influential think tanks whose donors and board members profit from fossil fuels have systematically undermined climate science and renewable technologies. Their connections to No 10 enable them to sway the Prime Minister and his ministers.

COP28 is being held under the banner of the urgently needed global energy transition: More and more governments and international civil society are calling for a global agreement on a rapid, comprehensive and just phase-out of all fossil fuels - coal, oil and gas. At the same time, there is a great risk that carbon capture and storage (CCS) and other risky technologies and carbon offsetting mechanisms will be promoted at COP28 in order to delay and water down the fossil fuel phase-out. This dossier contains analyses and comments on the most important negotiating points.

Though many authors write that captured CO2 can and is being safely buried deep underground in geologic formations or depleted oil and gas reservoirs, most articles fail to mention that the overwhelmingly single biggest use of all captured CO2 is to directly produce more oil.

Ukraine needs decarbonisation — the state's goal in combatting climate change and fulfilling its respective international commitments. Meanwhile, Russia's war against Ukraine continues, with infrastructure and housing being increasingly ruined, territories being mine-studded, and natural habitats being destroyed daily. That infrastructure would need rebuilding, which means increased emissions from construction sites and the operation of new enterprises. Alyona Vyshnytska interviews Oksana Aliieva, former coordinator of the Climate Change and Energy Policy Programme at the Heinrich-Böll-Stiftung's Kyiv office, and Anna Ackerman, board member of Ecoaction NGO and policy analyst at the International Institute for Sustainable Development (IISD).