• Germany’s Energiewende To Cost Staggering €520 Billion By 2025, First Full-Cost Study Finds

    • Date: 10/10/16
    • Initiative New Social Market Economy (INSM)

    The total cost of Germany’s green energy transition (Energiewende) amounts to over €520 billion euros by 2025 in the electricity sector alone. This is the result of a report commissioned by the Düsseldorf Institute for Competition Economics (DICE), commissioned by the Initiative New Social Market Economy.   By far the biggest cost driver with a total of […]

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  • Europe’s Electric Cars Fiasco

    • Date: 08/10/16
    • Bertel Schmitt, Forbes

    Sales of battery electric vehicles in Western Europe fell for the fourth month in a row, an analysis of a respected European industry publication says. In August, a month in which the overall Western European new car market climbed 8%, sales of BEVs in the world’ second largest EV market behind China dropped 1.2% compared […]

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  • Aussie Warning: Wind Farms Are Risk To Energy Security, Prime Minister Warns

    • Date: 07/10/16
    • Jason Scott, Bloomberg

    Prime Minister Malcolm Turnbull accused some state governments of putting too much emphasis on generating electricity from wind farms, putting Australia’s energy security at risk and “distorting the national energy market.”  Turnbull is claiming that Labor party-run states are too reliant on wind and solar power as they seek to cut greenhouse gas emissions. His […]

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  • Wind Farms Undermine Energy Security Australian Govt Warns

    • Date: 05/10/16
    • David Crowe, The Australian

    The Australian government will confront the states over the ­danger of statewide blackouts at an urgent meeting tomorrow to respond to the outage across South Australia last week, amid a furious political fight over ­whether wind farms helped cause the failure. The states are being warned that their growing use of renewable energy will make their […]

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  • Paris Agreement Is On Track To Enter Into Force With EU Vote

    • Date: 05/10/16
    • Mary Beth Griggs, Popular Science

    The Paris Agreement is tantalizingly close to becoming a binding international agreement, thanks to a vote by the European Parliament today. The Paris Agreement, signed earlier this year at the United Nations, seeks to limit global warming to below two degrees Celsius above pre-industrial levels. The Paris Agreement will only enter into force 30 days after two thresholds are […]

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  • Poland Secures Coal Conditions As EU Approves Paris Climate Agreement

    • Date: 01/10/16
    • Reuters

     “Polish interests have been secured and agreement has been reached,” said Pavel Mucha, a spokesman for Poland’s Environment Ministry. European Union states agreed on Friday on a fast-track, joint ratification of the Paris accord to combat climate change, securing the deal enough backing to enter into force this year and guide a radical shift of […]

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  • India Rules Out Cap On Aviation Emissions For Developing Nations

    • Date: 29/09/16
    • Vishwa-Mohan, Times of India

    Developing countries, including India, believe a carbon tax regime to offset aviation emissions will impose inappropriate economic burden on them. NEW DELHI: The Centre has given its approval to ratify the Paris agreement on climate change, a move that will bring the global deal into force early November. But it has toughened its stand on negotiations to cap emissions […]

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  • Back To The Dark Ages: South Australia Pays The Price For Heavy Reliance On Renewable Energy

    • Date: 28/09/16
    • Brian Robins, The Sydney Morning Herald

    The blackout will trigger renewed debate over the state’s heavy reliance on renewable energy which has put the electricity network in South Australia under stress. Traffic in total darkness around the streets of Adelaide as residents are left without power on Wednesday night Hard on the heels of a “near miss” in July when it narrowly averted […]

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