German Renewable Energy Act Reform is not a “Feed-in Tariff 2.0”

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German Energy Minister Sigmar Gabriel, source: dpa

Yesterday, the German cabinet approved the Renewable Energy Act Reform. The reform, referred to by some as the Feed-in Tariff 2.0 (FiT 2.0), was necessary: In the past few years, Feed-in Tariffs successfully boosted renewable energy deployment in the country. This sparked public and policy discussions around the grid development, market integration and financial instruments that would finally enable Germany to reach its policy target of 80% renewable electricity by 2050.

Unfortunately, the bill passed yesterday fails to address any of these questions. Instead, it strengthens the corporations and energy utilities that have failed to integrate renewables into their business model in the past decade. The following analysis shows why the reform cannot be considered FiT 2.0. [Read more →]

April 9, 2014   1 Comment

European politicians across party lines call for long-term 100% target for renewable energy

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Fiona Hall, MEP and Member of the Alliance of Liberals and Democrats for Europe: “Europe must scale up its renewables share to ensure economic prosperity, industrial competitiveness and democratic stability.”

A group of 50 European policy makers across party lines has called upon the European Commission to drastically increase the targets for renewable energy in the context of this week’s decision to set climate and energy targets for 2030. Current and former Members of Parliament (MEP) and politicians from 15 EU member states today concluded in Brussels that “self-interested actions and a lack of cooperation put Europe’s resilience, its society, economy and climate at risk. Only ambitious targets for renewable energy can sustain Europe’s economy and ultimately lead to an energy sector powered entirely by renewable energy.” [Read more →]

March 20, 2014   No Comments

How to spend $100 billion effectively?

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Copy Right: Solar Electric Light Fund (SELF), Flickr

Developing countries are most vulnerable to the devastating impacts of climate change. It is therefore of utmost importance to empower these countries to cope with the loss and damage already happening as a consequence of climate change. However, next to these necessary adaptation measures it is also important to mention, that the Global South can accelerate the economic development along a green trajectory while reducing poverty through the development of renewable energies. This has to be taken into account when discussing the design of newly emerging international funding mechanisms such as the Green Climate Fund (GCF) of the United Nations Framework Convention on Climate Change (UNFCCC).

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November 12, 2013   No Comments