Lars Gloessner’s Post

🌍 Capital Trends: Fossil Fuels vs. Clean Energy The flow of global capital highlights a concerning reality: oil companies continue to attract significant investment, while clean energy struggles to gain traction. 📉 The S&P Global Clean Energy Index has dropped nearly 60% since January 2021, whereas the S&P Global Oil Index surged over 60%, outperforming the global stock market’s 30% growth. 📊 OECD export credits further skew the playing field, with $40 billion/year favoring fossil fuel exports compared to less than $10 billion for clean energy. Redirecting these funds could transform industries like sustainable aviation fuel production. This trend reflects a disconnect between what governments pledge (e.g., the Paris Agreement) and where public funds flow. Private capital inevitably follows these signals, perpetuating the imbalance. 🔗 Read more: Oil Change International Report <https://lnkd.in/eykazqeH> Let’s bridge the gap between words and actions to accelerate the clean energy transition. What’s your take? Share your thoughts below! International Air Transport Association (IATA)

For all the climate adaptation specialists, people deploying renewable energy systems, and engineers modernizing the grid, here's a bit of inspo to keep going. https://lnkd.in/evnx_X7t

My latest musing on GHG emissions with Jock Finlayson. A good news story 😊 we never talk about or acknowledge 😞. We are doing much better than we are led to believe 😡. https://lnkd.in/gZTxBjJQ #energy #emissions #efficiency #ghg

...#TheEconomist on the EU #ets case for internalising #externalities ... "By 2023 sectors covered by the eu’s emissions-trading system (ets), such as industry and electricity generation, had jointly reduced emissions by 47%, compared with 2005 when the scheme was launched" Obviously, beyond the EU the realities in a globalized economy are complex and interdependent. International #coopetition, the need for more & broadly adopted #CO2 internalizers as well as vast #investments im #grid infrastructure are just some of the relevant elements on the #decarbonisation road. #assetmanagement #sustainablefinance #climatechange Carbon emissions are dropping—fast—in Europe https://lnkd.in/eaGS4sQn from The Economist

The End of an Era: The UK Closes Its Last Coal Power Plant, Paving the Way for a Greener Future The UK has just closed its last coal power plant – marking the end of an era and the beginning of a greener, more sustainable future. After relying on coal for over two centuries, the country has taken a historic step in the global fight against climate change. This is more than just a symbolic gesture; it’s a powerful signal to the world that a future without fossil fuels is not only possible but within reach – and that the transition can happen faster than many believed.   By closing its final coal plant, the UK solidifies its position as a leader in the shift to renewable energy. Already, a significant portion of the country’s energy grid is powered by wind and solar, with ambitious goals to achieve net-zero emissions by 2050. This moment represents more than just an energy shift – it’s a societal transformation, where old industries make way for innovation, cleaner technology, and a sustainable future.   This milestone is a reminder of what’s possible when political will, technological advancements, and public engagement come together. We are standing on the brink of a new era, where more nations can follow the same path and begin their journey toward a fossil-free society. The transition is challenging, but the UK’s progress shows that it can be swift if we have the courage to act. The world is watching – now is the time to harness this momentum and push for a sustainable future for all.   Take Action Now: It’s time to accelerate the transition. What steps can your country, business, or community take to follow suit and commit to a cleaner, greener tomorrow? Let’s make this the decade of decisive change! #GreenerFuture #Sustainable #CleanEnergy #PowerPlant Thanks to Teddy Halim for the tips!

The world cannot achieve decarbonisation targets by focusing on energy supply alone. Managing demand can accelerate progress towards climate goals but is often overlooked. Taking action on energy demand can reduce energy consumption by up to 31%. This can potentially save up to US$2 trillion annually at current energy prices if measures are implemented this decade. This transformation can drive growth, reduce costs and maintain competitive advantage while significantly lowering emissions. Businesses can use three key levers: 🔸Energy savings through operational improvements. 🔸Energy efficiency via measures under direct company control that require capital expenditure. 🔸Value chain collaboration with suppliers and partners. Explore actions your organisation can take on energy demand to accelerate progress towards climate goals. Read this global PwC report, created in collaboration with the World Economic Forum’s International Business Council: https://pwc.to/3vkKFTd #Energy #Climate #WEF24 #EnergyDemand

Decarbonizing Cities: The Path to a Fossil-Free Future Today, our Deputy Director Mike Hemsley will join industry leaders at the Business Sweden roundtable, "Decarbonizing Cities: Addressing Emissions from Energy, Transport, and Industry," during #ClimateWeekNYC. To achieve the targets set out in the Paris Agreement, the world must rapidly phase down fossil fuel demand and supply. Our report, Fossil Fuels in Transition, shows that by 2050, coal, oil, and gas demand could fall by up to 85%, 95%, and 70% respectively. This shift is not only technically and economically feasible, but crucial for a sustainable future. However, this transition will require strong policy support to accelerate these changes. Discover the full analysis and insights: https://lnkd.in/ehMBcGdi #EnergyTransition #CleanEnergy #ClimateAction

The Buck Stops With Who? Reuters Events Confront Scope 3 Emissions in Hard-To-Abate Sectors.   The Buck Stops With Who? Reuters Events Confront Scope 3 Emissions in Hard-To-Abate Sectors.   The fight to cut carbon emissions is one of the defining struggles of our time. To win the war on carbon it is key to understand who is producing the gas, how much they are producing, and how it can be minimized. Companies are getting on board, with 81% of businesses surveyed by the Boston Consulting Group (BCG) measuring their direct emissions “to some extent” in 2021. Yet, direct emissions only tell part of the story, meaning these efforts fall short of what is required for https://lnkd.in/eA2qDJu4

Can economic growth and GHG emissions be decoupled? If the answer is no, we are in big trouble. According to PwC, the rate at which the world is decarbonising has fallen to 1.02%, the lowest since 2011. To achieve the 1.5 °C target we need 20x the effort (20.4%). ⚡ Although the total installed volume of renewable capacity globally has achieved a new record of 3.9 TW 2023, fossil fuels still dominate the supply. ⚡ Energy demand has increased by 1.5 $ 2023 – growth of renewables needs to outperform increasing demand to achieve climate goals. ⚡ Decarbonization is not a nice-to-have! Gunther Dütsch, Partner, Net-Zero-Transformation at PwC Deutschland warns us: “Heatwaves, floods, storms: the consequences of exceeding 1.5 °C are not abstract. They translate into real losses - of life, property and livelihoods.” At Future Energy Ventures we are convinced that scalable climate tech is the cornerstone to decarbonising our economy. Any day, week, year we miss our targets will have dramatic consequences. So let’s join forces and accelerate our efforts. It's the investment opportunity of our lifetime🚀 #fev4climate #decarbonisation #energydemand #

The Economist hits on a number of good points this week: ✅ Carbon pricing has led to an 47% reduction in emissions from sectors subject to it since 2005 ✅ Carbon Border Adjustment Mechanism can shield industry competitiveness while stopping carbon leakage ✅ Innovation can expedite emissions reductions even further ✅ Improved market integration - especially in the electricity market - will be crucial for Europe's regions to share renewable electricity across the Continent A point of contention - CO2 standards for cars and vans: arguing these standards simply incentivize companies to play the system rather than make real progress ignores completely industry's need for regulatory certainty to make long-term decisions. Europe certainly has a tendency to overregulate but in this case, it can be justified. https://lnkd.in/eDYv9tff #electrification #carbonpricing #decarbonization #eugreendeal