Monday, 27 September 2021
Tuesday, 31 August 2021
Oil Change International's report, to which I contributed research. "While some central bank executives claim that tackling the climate crisis is beyond their mandates, at the same time they have positively reinforced fossil fuel financing, and even directly financed fossil fuel production. [...] Central banks have the tools to catalyze and accelerate the end of financing for fossil fuels — through monetary policy, regulatory action, and excluding fossil fuel assets from their own portfolios. But, with only limited exceptions, they are not using these tools."
Monday, 31 May 2021
The natural gas sales contract between the Shah Deniz consortium and Botas of Turkey, covering 6.6 bcm/year from the first phase of the project, expired last month and was not renewed. Deliveries stopped. In an Energy Comment for the Oxford Institute for Energy Studies, I wrote that this throws a shadow over the future of the Southern Gas Corridor and the timing of Azerbaijan gas development.
Thursday, 8 April 2021
My review of The New Climate War by Michael Mann, in The Ecologist. “Enemy weapons, Michael Mann argues, include greenwash, illusory technofixes, and deflecting attention to individuals not companies. Agree. But the further Mann goes into the social implications of transition from fossil fuels, the greater problems I had.”
My colleague Jack Sharples and I wrote a paper, just published by the Oxford Institute for Energy Studies, that surveyed the recent changes in the gas storage market in Ukraine, the use of that storage capacity by European traders, and how this fits into the larger picture of the integration of the Ukrainian and European gas markets.
Sunday, 21 February 2021
Thursday, 28 January 2021
I have taken a critical look at "left" support for geoengineering, and at talk of "ecological Leninism", in this review essay of Corona, Climate, Chronic Emergency by Andreas Malm. The essay was published by Capitalism Nature Socialism (March 2021). And the final draft of the text (pretty much what ended up being published) is downloadable here.
Friday, 4 December 2020
Domestic gas market reform is moving ahead in Ukraine. The cycle of disputes with Russia on transit has been broken by the deal struck at the new year; the transit business continues to decline, while the storage business is soaring and interconnections with European markets are developing. Market pricing has been adopted for the residential sector, and the largely unreformed heat sector should follow in May 2021. Over the longer term, Ukraine’s integration not only with European gas markets but with European energy policy will determine whether gas demand will fall with coal or find new openings, firstly in the power sector. My paper published by the Oxford Institute for Energy Studies, is here.