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The summer of 2008 saw the price of Brent crude rise to its record high, reaching more than $144 per barrel on July 3rd, and some speculated it would continue growing. However, the price fell to below $40 in late 2008, having shrank 77 per cent over just six months. Last year on June 19th, […]

By Nusa Urbancic, Transport & Environment‘s energy programme manager. We live in a world where governments struggle to address climate change. Scientific advice on what needs to be done to stop warming our planet is very clear: stop burning fossil fuels. Even the rather conservative International Energy Agency (IEA) agrees: we need to leave more than […]

Issues of energy efficiency and sustainable energy production may have featured less prominently in the recent unrest, but they may present the greatest long-term opportunity for Kiev to seize control of its own fortunes. European investment can also play a crucial role in encouraging energy (and thus political) independence, for the country. In Ukraine´s third […]

It’s been more than four years since David Cameron famously claimed his would be the ‘greenest government ever’ when the Conservative party came to power in 2010. But his path to green greatness has not been an easy one; our air is illegally polluted, our renewable industry smarting from hit after hit and our government […]

On 17 November, a conference on “EU Energy Policy and Competitiveness” took place at the European Commission´s headquarters in Brussels. This conference, central to the analysis of the EU Energy Union was aimed at redesigning the EU’s energy policy to foster European competitiveness. Indeed, out of Juncker´s €300bn investment package to revive European economies, €21bn […]

Der historische Rutsch des Ölpreises unter sechzig Dollar ist beides gleichzeitig – ein Weihnachtsgeschenk und ein Warnsignal… Der tiefe Fall des schwarzen Goldes birgt aber auch erhebliche Gefahren, zunächst wirtschaftspolitische. Denn klar erkennbar geraten diejenigen Staaten, deren Volkswirtschaft vor allem vom Ölexport abhängt, in erhebliche Turbulenzen… Wirklich gefährlich wird der niedrige Ölpreis durch die massiven […]

Boeing’s specially outfitted 787 ecoDemonstrator flight test aircraft has completed its first flight using “green diesel,” a sustainable biofuel blended 15 per cent with 85 per cent conventional petroleum. Green diesel is made from vegetable oil, cooking oil waste and animal fat waste, which eliminate indirect land-use consequences associated with biofuels made from feedstocks. The fuel […]

Within a few months oil prices have seen a precipitous decline from $ 100/barrel to $ 70/barrel. While consumers across the globe may rejoice, this development is bound to be judged with serious misgivings by the 2000 diplomats meeting as of today in Lima/Peru for another conference with the objective of containing the emission of […]

“We believe that in the current conditions Russia cannot continue with the realisation of this project [South Stream].” (Vladimir Putin) Russia’s $40 billion South Stream gas pipeline project came to reach a standstill on Monday 1st Dec 2014 when, as the WSJ reports, Russian President Vladimir Putin said: “We couldn’t get necessary permissions from Bulgaria, […]

The London petroleum exchange saw the price of Brent crude slide to just under USD 70 per barrel today. What is more, after last week’s decision by OPEC, there is no indication that the downward trend will reverse any time soon. Oil prices are at their lowest since 2008. Although I explained the reasons behind […]

Passive Houses for dummies

For many years now, since 2003, the second weekend of November hosts the International Passive House Days: Passive House owners and residents around the globe open their Passive House homes and offices and share their experiences, showing what this “Passive House” idea/concept is all about. Hungary joined this initiative in 2009, when the Hungarian Passive […]