Fossil fuels

Something sounds awry about the term ‘twin transition’. The concept, often used in EU or UN contexts, ties two crucial transitions: the move to renewable energy and the digitalisation of economies. While it sounds forward thinking, evidence suggests this pairing may be less beneficial than promised. As developing countries bear the socio-environmental costs while reaping limited benefits, a handful of tech giants continue to dominate global markets. Paz Peña raises a crucial question: is this ‘transition’ truly a path to equity, or does it deepen old divides under the guise of green progress?

Azerbaijan has strengthened its energy ties with the EU since 2022, ramping up gas deliveries and articulating ambitions to export renewable energy and green hydrogen to Europe in the future. However, the EU’s shrinking gas demand and Azerbaijan’s lack of a genuine decarbonization strategy cast uncertainty on the long-term prospects of this partnership.

As Europe approaches its parliamentary elections on 6-9 June 2024 and the war in Ukraine shows no sign of slowing, a pressing issue demands attention: the EU's continuing active participation in, and facilitation of, Russia's fossil fuel shipping and exports. This article delves into critical analysis and proposes strategies for reducing dependency on, and support of, the Russian fossil fuel industry, supported by data and statistics highlighting the impact of these exports on the Russian economy, the war in Ukraine and the global climate crisis.

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.

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.

The Inflation Reduction Act is seen as an expression of climate pragmatism by some and a Faustian bargain with the fossil fuel industry by others. What exactly is it?

After the German federal elections in September 2021, the Greens joined a government coalition with the Social Democrats and the Liberals. MdBs Dr. Anna Christmann and Claudia Müller are respectively the new Federal Government Coordinators of German Aerospace Policy, and for the Maritime Industry and for Tourism. Philipp Cerny and Martin Keim conducted a joint interview to find out more about their priorities and thoughts.

Energy prices in Europe have soared to new highs since the autumn of 2021, with the Russian invasion of Ukraine amplifying the trend and bringing energy supply to the forefront of conversations regarding the mitigation of impacts of the war on Europe. This study, based on data from Germany and Spain, shows that whilst electricity prices rose, so did the profits of energy companies. These developments were exacerbated by the Russian war of aggression against Ukraine but are also symptomatic for wider issues within the European electricity market. Windfall profit taxation can help to soften the blow of high energy prices, but we also need longer term restructuring of the market mechanisms, argues Suzana Carp.

A new report by the Heinrich-Böll-Stiftung European Union and Environmental Action Germany (DUH) finds that current EU energy supply policies run the risk of prolonging dependence on fossil gas rather than decisively moving towards alternatives, particularly in the heating sector.