Sign up | Login with →

Posts by David Hone Subscribe

US emissions continue to fall

If you dig down a few layers through the US State Department website, you will come across a Press Release from February 2010 where the USA pledged to reduce its greenhouse gas emissions.Press StatementTodd Stern,  Special Envoy for Climate...

Posted August 24, 2012    

How important is the two degree target?

In a speech given at Dartmouth College at the beginning of this month, US Lead Climate Negotiator Todd Stern caused some consternation in the media by opening up the subject of the global two degree Celsius target. Bylines such as “US Abandons...

Posted August 17, 2012    

Two Studies Now Confirm Extreme Weather Caused by Global Warming

As the NASA Curiosity rover touched down gently on Mars and began its 2+ year observation and exploration of its surrounding terrain, the NASA Goddard Institute of Space Studies announced the publication of a new paper in the journal ...

Posted August 13, 2012    

Encouraging CCS in Europe

In a recent post I discussed the problems that the EU flagship programme to demonstrate CCS (carbon capture and storage) is having. With an allowance surplus building up in the ETS and a resulting low carbon price, the urgent need for...

Posted August 3, 2012    

Can we restore the EU Emissions Trading Scheme's effectiveness?

A year ago as the EU ETS price showed clear signs of a second step change downwards (in 2008/9 from €25 to €15 then in 2011 from €15 to €7), the EU Commission was resolute in its view that the mechanism was working, that it was responding to changes...

Posted July 26, 2012    

The Limits of Energy Efficiency

With the recent passage of the Energy Efficiency Directive through the key EU parliamentary committee on Industry, Research and Energy (ITRE), it is clear that the idea of managing emissions, improving energy security and increasing the...

Posted July 13, 2012    

Extreme hot weather in the USA and climate change

The current spate of very hot weather across much of the USA (and not forgetting the balmy “winter” days in many states back in the early part of the year) raises the question of the role of climate change in relation to such extremes. Of course...

Posted July 5, 2012    

Is $23 per tonne the right price for Australia?

Next week the carbon pricing mechanism gets going in Australia, starting at a fixed price of AU$23 per tonne of CO2 in the first year, but later on shifting to a full cap-and-trade (probably around 2015). Early on the system will behave more like a...

Posted July 2, 2012    

Is $23 per tonne the right carbon price for Australia?

On July 1st the carbon pricing mechanism gets going in Australia, starting at a fixed price of AU$23 per tonne of CO2 in the first year, but later on shifting to a full cap-and-trade (probably around 2015). Early on the system will behave more...

Posted June 29, 2012    

Losing the lead? Europe’s flagging carbon market

Very recently I participated in the launch of a new report on the state of the EU Emissions Trading System. The event took place in the House of Commons and featured Secretary of State for Energy and Climate Change, Ed Davey. The report...

Posted June 25, 2012    

The plight of CCS in the EU

This week I attended the quarterly review meeting of the European Technology Platform for Zero Emission Fossil Fuel Power Plants (ZEP), a coalition of stakeholders united in their support for CO2 Capture and Storage (CCS) as a key technology for...

Posted June 15, 2012    

The case for an auction reserve price

There has been considerable discussion over recent months as to what action needs to be taken both in the short and long term to ensure that the EU ETS continues to provide the necessary investment signal for major investments such as carbon capture...

Posted June 7, 2012