Financing Decarbonisation of the Global Energy System

Energy and Systemic Risk There will soon be eight billion of us sharing this planet. All of us looking to live prosperous and secure lives in which to enjoy the extraordinary benefits that knowledge and technology are already making possible and could do so even more in the future. We […]

SOMETHING IS HAPPENING HERE

  This piece first appeared in Business Green.       Environmentalists have long been vulnerable to their own passions. At times this can make us sound shrill and self-righteous. On other occasions it can blind us to political traps. The oil industry is now busy setting a big one […]

G7 fossil fuel pledge is a diplomatic coup for Germany’s ‘climate chancellor’ – The Guardian

  I was quoted extensively in an article in The Guardian by Karl Mathiesen on why the plan outlined by the G7 on Monday to phase out fossil fuels by the end of the century is, for some member countries, not quite as ambitious as it sounds.       Tom […]

THE ROAD NOT TAKEN

  This essay argues that the oil industry will lose the battle for the future. The growth it expects will not occur. The key issue is whether the world makes an orderly or disorderly transition to a carbon neutral energy system. An orderly transition preserves both the economy and the […]

US and China emissions agreement – BBC World Service – 12 November 2014

                  Here is an interview I did recently for  the BBC World Service discussing why the emissions agreement between the US and China is so important.   “This is really important because the real problem with climate change is not so much technology […]

THE FOSSIL FUEL PARADOX

  This blog  was first published by BusinessGreen                   A debate over the real value of investment in fossil fuels has raged all summer. September’s climate summit in New York brought it into sharp focus. There, Anthony Hobley of the Carbon Tracker Initiative […]

THE FUTURE IS COMING READY OR NOT

  The following speech talks about the looming collision between $6 trillion of investment in oil and gas over the next ten years and the agreement by governments to keep the rise in global temperature below 2°C. This collision will transform the human prospect. It poses a dilemma for governments […]

After you Claude

                    Britons only generate 1.42% of the world’s carbon emissions. No-one else is doing much to reduce their emissions. We are doing a lot and should not do more until everyone else joins in. This is the facile, Treasury inspired, argument […]

MAKERS AND TAKERS

  This article first appeared in Business Green.        The public discourse on climate policy is asymmetric. It has been dominated by the climate makers. These are the fossil fuel industries and their customers. This has led to a badly distorted portrayal of climate policy risk. As a […]

Magic and Misdirection

  This article first appeared in the December edition of BusinessGreen magazine                 One of the more stressful moments in Britain’s history occurred in the spring of 1940. Churchill had just become Prime Minister. Rommel’s tanks were at Calais. France was about to […]