A fireside conversation with Eni CEO Claudio Descalzi on decarbonisation.
Determining a robust mix of energy carriers for a carbon-neutral EU
Delivering policies that address energy security, competitiveness and sustainability is one of the most formidable challenges facing governments in the 21st century.
Energy transitions manifest themselves across space and time. While necessary targets for decarbonisation are apparent, the accompanying shifts in spatial organisation of economic activity are perhaps not as well understood.
The only thing Europe can quickly do to prevent a potentially difficult winter is to actively promote energy conservation in both the residential and industrial sectors.
Europe’s gas supply security could more effectively be safeguarded by ensuring that unused alternatives are maintained.
Why the sudden spike in European electricity and gas prices?
Surging natural gas prices in Europe, driven by rising demand and tight supply, are pushing up electricity prices; to prevent volatility, governments need to commit more clearly to a low-carbon future.
Climate change and taxes may be some of the only true certainties in life. To protect ourselves better, we should make careful choices on how they interact.
Despite different strategies, the European Union, the United Kingdom, the United States, China and Japan all expect hydrogen to play a significant role in the decarbonisation of their economies by expanding its use in energy and transport systems.
Policies are needed to support green fuel switching by households; support should be phased out as the carbon price rises.
Rapid emission cuts need a carbon price for the whole economy. This must be introduced in careful stages.