Pricing In The Green EU Deal – Facing Opposition

An aggressive carbon tax is in the Green EU Deal. (Image: Unsplash)

The new Green EU Deal, announced in July, has as one of its aims, setting a high new price for carbon emissions. If it succeeds in raising the price, not even as far as it aims, it’ll make it a lot easier for clean technologies to prosper.

The Green EU Deal: It’s A Big Deal

Europe continues to charge forward on climate friendly policy. (Image: Unsplash)

the announcement of a European Green Deal. The coverage mentioned pronouncements of accelerated targets for reduced carbon output, and so on. The news cycle moved on.

Small Cuts In Subsidies For Fossil Fuels

Continued support for the rise of renewables through more fossil fuel cuts. (Image: Unsplash)

Recent news shows some governments cutting back on subsidies for oil and gas companies. But these are small moves, given the vast scale of the subsidies showered on fossil fuel companies, and they’re not yet cemented in place.

A (key) week in the death of oil

The endgame for oil companies has become far more evident. (Image: Jonathan)

Change happens gradually, and then suddenly. This week, the endgame for oil companies became a lot closer and a lot more evident, suddenly, discontinuously, a jump.

Oil execs are talking about life after oil. Should we believe them?

As the fossil fuel industry sunsets how are oil companies thinking about the transition? (Image: Zbynek)

The fossil fuel executives’ answers mostly spoke to keeping their businesses vibrant in the context of an energy transition away from oil and gas. They described capital spending peaks on oil and gas production. They didn’t push back on the need to transition beyond fossil fuels.