Carbon capture, usage and storage – point 8 of the UK Government’s Ten Point Plan

Becoming a world-leader in carbon capture, usage and storage (CCUS) technology is at the heart of the UK Government’s new plan for a “green industrial revolution” released on 18 November 2020 (Ten Point Plan). The Ten Point Plan makes it clear that by capturing carbon from power generation, low carbon hydrogen production and industrial processes, … Read more

EU delivers strategic plan to reduce methane emissions

In another step to progress its decarbonisation efforts and 2050 zero-pollution ambition, the EU has recently delivered its strategic plan for reducing methane emissions, the EU Methane Strategy. The focus of the Strategy from an energy sector perspective is twofold: first, reducing methane emissions within the EU and importantly, second, reducing methane emissions associated with … Read more

The plastics economy and the future challenge for downstream producers

1. Plastics: a changing landscape Increasing awareness of the environmental impacts caused by human consumption has led to increased societal pressure on governments and industry to modify practices to lessen their impact on the environment. One area this has occurred which is of particular concern to downstream market participants, is single use plastics. According to … Read more

A vision in green: EU floats policy options to meet stricter emissions target

The European Commission (the “Commission”) has announced its intention to increase the current EU target to reduce greenhouse gas (“GHG”) emissions by 2030. On 15 September 2020, in the first State of the Union annual address by President Ursula von der Leyen, the Commission proposed ‘to increase the 2030 target for emission reduction to at … Read more

Federal government investment in emerging technologies and funding changes for ARENA and CEFC

This week the Australian federal government announced a $1.9 billion funding package targeting new and emerging technologies for the Australian Renewable Energy Agency (ARENA) and the Clean Energy Finance Corporation (CEFC). This provides important funding certainty to ARENA and CEFC and is expected to substantially assist in Australia’s energy transition towards a lower emissions energy … Read more

Germany: Federal Cartel Office launches sector inquiry into charging points for electric vehicles

The German Federal Cartel Office (“FCO”) has launched a sector inquiry in the provision and marketing of publicly accessible charging infrastructure for electric vehicles. According to the FCO’s president, Andreas Mundt, the FCO has received several complaints about prices and conditions at the charging stations. Germany has set itself the ambitious target to reduce emissions from transport by 40 to 42 percent (compared to 1990) by 2030. One aspect of this ambitious strategy is the government’s aim to have seven to ten million electric vehicles registered in Germany by that date. A bottleneck in increasing the number of electric vehicles on the road is the charging infrastructure. The German government aims to have a total of one million charging points available by 2030, which is the key milestone of its “Masterplan Charging Point Infrastructure”, adopted in November 2019. Over the next two years alone 50,000 public charging points are to be set up. Read more