Shell warns that EU-ETS is failing - coal burning increasing
Royal Dutch Shell has warned that the increase in renewables via subsidy schemes is making cash strapped countries burn more cheap coal, less CO2 low-gas, and focus on the 'meaningless' CO2 price.
RECS International shows this as another example why competition and the market must be better integrated with renewables integration. Allowing the consumer to choose would help to better eliminate the high-CO2 production technologies like coal in place of gas and renewables. This would happen in place of expensive renewables inefficiently placed, like what could happen with the differences between national subsidy schemes. The full article from the telegraph can be seen here.
Another article with a very similar message can be seen here.
- Agenda seminar on development of REC/GO markets in the UK and internationally, London 25 September 2017
- Agenda seminar Renewables Good Practice (ReGP) in London, 26 September 2017
- Does the EU renewables sector need a guarantees of origin market?
- Development of the Guarantees of Origin Market 2016 Key Facts Report
- Annual Report 2016
- Agenda workshop "Consuming renewables in Japan" (Japanese version)
- RECS International Annual Report 2016
- RECS Magazine - The rise of the corporate consumer
- RECS International Annual Report 2015
- RECS Magazine - Encouraging demand-side action to influence production-side change
- Launch of the GHG Protocol Scope 2 Guidance Report
- Happy Holidays from RECS International