Climate Risk & Economics
The climate cost in your monthly bills
Every time fossil fuels are burned, an indirect cost is created that eventually appears in higher energy bills, insurance, food prices, and the deterioration of infrastructure.
Energy Crisis
Climate Change
How the Iran conflict could shift climate funding priorities
War rarely stays confined to the battlefield. When conflict erupts in one of the world’s most strategically important energy regions, the consequences have a domino effect across financial markets, government budgets, and global priorities.
Climate Risk & Economics
Is natural gas still a financial no-brainer?
For more than a decade, natural gas has been promoted as a “bridge fuel” in the energy transition. But the choice comes with both an economic and environmental compromise.
Climate Risk & Economics
How climate change is increasing your household bills
Household bills are rising everywhere. While inflation and geopolitics often take the blame, extreme weather, supply disruptions, and energy market shifts are increasingly shaping the price of everyday essentials.
Energy Crisis
The critical role of power sources in the climate crisis
Many sustainable businesses are now monitoring direct emissions from their facilities. Yet, this only captures a small portion of the overall emissions. The huge lump comes from the sources of power, which contain a substantial amount of fossil fuels.
Energy Crisis
Energy security concerns lead to more coal production
In 2022, the supply chain disruptions caused by Ukraine’s invasion increased coal production around the world by 8.2%. Over 70% of the coal mining happened in Asia, with China and India leading the production.
Energy Crisis
Europe cuts gas use by half to combat energy crisis during invasion
Russian gas pipeline shipments to the EU decreased by almost 60% in the second half of 2022 compared to June 2021, primarily through the Nord Stream. Gas and electricity costs are currently regulated in several European nations, in part to safeguard vulnerable households.
Energy Crisis
Nord Stream leaks amid soaring energy prices
Earlier this month, the EU’s Energy ministers urged the European Commission (EC) to take immediate action against the current energy crisis. The action plan that includes the discussion of imposing a price cap on natural gas was supposed to be delivered in mid-September, but it has been postponed.
Energy Crisis
EU's emergency meeting to discuss energy crisis
The European Union (EU) Energy ministers met on September 9 in Brussels to address the current energy crisis in the EU. The meeting agreed to speedily work on possible emergency measures to mitigate current high prices and support the winter demand.
Energy Crisis
Germany's €65B plan to ditch Russian gas
Russian energy giant Gazprom has permanently stopped gas supplies to Western Europe via Nord Stream 1, giving the reason for equipment issues. The European Commission (EC), anticipating the situation earlier this year, had already urged countries to cut their gas use by 15% from August.
Energy Crisis
From Trash to Treasure: Waste to Energy Plants powering homes
The world creates 2.01 billion tons of municipal solid garbage each year. With the world's population already crossing 7.7 billion, the waste will only go up unless they are sorted out and upscaled.
Energy Crisis
European countries turn to coal amid gas shortage
A tradition of importing gas and oil from Russia became more common during the decade after WWII, when the Soviet Union’s relationship with Western Europe flourished and Russia started delivering gas, oil, and coal, making mainly Ukraine the transit point.