Helpful and readable new article in Energy Policy challenging the ubiquitous and influential 4 A's approach: availability, accessibility, affordability, and acceptability.
Authors proposed an alternative more general security framing in terms of:
“Security for whom?”
“Security for which values?”
“Security from what threats?”
Here is a useful high level summary of what was agreed in Lima.
"Pledges now on the table are not sufficient to keep global warming to within 2 degrees, and on the basis of what was agreed it is difficult to see how the ambition gap will be closed by the end of 2015.
IEA: "The global energy system is in danger of falling short of the hopes and expectations placed upon it"
The Executive Summary of this year's World Energy Outlook is a must-read and this very first remark is striking. Hope = desire. Expectation = belief. The IEA does not assess the consequences of "falling short".
A major theme is subsidies which are reported to have fallen for the first time, although still $550 billion for fossil fuels in 2013, which is four times the subsidies for renewable energy. Despite this bias, the renewable sector will nevertheless expand the fastest.
Thought provoking talk by Dr Yumkella including some comments on the Better Growth paper by Stern et al and the role of decentralised, renewable energy sources.
Energy and Economic Competitiveness The Cost of Energy Supply, Security and Sustainability
New IEA reports on solar thermal and solar PV (link) say massive global solar up-scaling is very feasible. Whilst this is an optimistic roadmap (not forecast), the IEA stresses that to achieve it, governments need to set or update long-term targets for solar electricity, based on real cost reductions and more likely in future..
Nearly 350 global institutional investors (managing over US$24 trillion in assets) are urging Heads of State to take strong action on climate change. They call on governments to: set a stable and reliable price on carbon that helps redirect investment commensurate with the scale of the climate challenge; develop plans to phase out fossil fuel subsidies; and agree on an ambitious climate deal in 2015.
read more: http://climate-l.iisd.org/news/global-investors-urge-strong-climate-change-action-ahead-of-summit/
New report published by the World Bank setting out the opportunity for implementing results-based financing (RBF) to support the clean cookstoves sector. See report here
This year's Ashden Awards Ceremony is on 22 May 2014.
International Finalists here
As with WG II report, the fundamental messages have not changed since the previous edition. See summary for policy makers which is readable at just 33 pages.
This time the report provides careful optimism on transitioning to clean energy. In 2013, renewables accounted for more than half the new electricity generation added around the world. Yet we will have to treble investment in renewables in the next 35 years. Jim Skea (Imperial College London and a co-chair of the WG III) told the Guardian: “It is not a hair shirt change of lifestyle at all that is being envisaged and there is space for poorer countries to develop too.”
Thrust of this report is largey unchanged since previous analysis, with high levels of certainty and evidence of actual impacts on natural and human systems in recent decades. Investments in better preparation can pay dividends now and for the future.
Many key risks constitute particular challenges for the least developed countries and vulnerable communities, given their limited ability to cope.
Link to Summary for Policy Makers