ENERGY TRANSITION & CLIMATE CHANGE SOLUTIONS: June 13, 2020

WEEKLY QUOTE:

Cooperation in the ‘Power to X’ sector, which is part of the Moroccan-German energy partnership, will contribute to the acceleration of the national energy transition and the implementation of Morocco’s climate commitments

Morocco’s Minister of Energy, Mining, and Environment, Aziz Rabbah

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Main Headline:

Carbon Pricing & The Energy Transition

We are making great progress, with costs of solar, wind, and batteries continuing their decline. But we are not moving fast enough to turn the tide on human-caused climate change. One study I saw recently said we need to be installing wind and solar at triple the current rate to get to 90% renewable just for electricity by 2035.

What are we missing to make the energy transition — a transition to renewables for close to 100% of our energy needs by 2050 or so? How do we do that?

My reading of many books and reports on the subject lead to a consensus that we must do three main things:

  • Encourage conservation and energy efficiency throughout the economy
  • Green the grid

  • Electrify everything

According to most economists, we can best achieve all these goals and make the energy transition more quickly by putting a price on carbon so that fossil fuel burning bears the price for the damage to society it causes.

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NEWS AND VIEWS FROM AROUND THE WEB ON ENERGY EFFICIENCY & TRANSITION

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