Andrew Selous is MP for South West Bedfordshire: The imminent Heat and Buildings Strategy is the next step in the government’s climate and levelling up agendas. It will deliver the ambitions set out in the Prime Minister’s ten point plan, and bring certainty to the construction and retrofit sectors. Now’s the time to create a wave of construction jobs across the country by making our buildings fit for the future. Decarbonising heat is a great example of where net zero and levelling up are one and the same. Meeting the Government’s target to upgrade all homes to Energy Performance Certificate C standard where possible means that 19 million homes will be retrofitted across the country. Parliament’s Climate Change Committee has urged the government to get on with decarbonisation of heat urgently. More than 23 million homes need to make the switch from gas boilers to zero or low carbon alternatives over the next three decades. While clean hydrogen boilers will play a role in the future around industrial clusters, experts believe that much of the progress in the next decade will come from installing heat pumps. For instance, consistent with our levelling up mission, we could frontload the funding in our manifesto promise of £9.2 billion for energy efficiency into social housing and fuel poor households, providing support where the need is greatest, while scaling up the heat pump manufacturing sector and energy efficiency supply chains. Then, for owner-occupiers, the Government could offer attractive ‘Help to Improve’ loans through the new UK Infrastructure Bank. This would be a sister policy to the popular Help to Buy loans which have helped hundreds of thousands of people get onto the property ladder. These low-cost loans could be repaid from the savings on energy bills from the insulation measures. Finally, the strategy could tackle the economically distorting, environmentally harmful distribution of taxes and levies on household energy bills. Currently, electricity bears nearly all the taxes and policy costs and gas none, making heat pumps costlier to run than boilers. Moving the legacy costs of renewable energy subsidies off electricity bills will make heat pumps up to £200 a year cheaper to run, according to a recent Public First report. Whether we move some of the policy costs on to gas bills or fund them from a new carbon charge on gas, we must make sure that the average dual fuel bill customer isn’t any worse off, and that fuel poor households are protected.
Conservative 16th May 2021 read more »
The International Energy Agency (IEA) has published a landmark report outlining the sweeping changes needed in the power, energy and heat sectors if the world is to have the best chance of limiting temperature increases to 1.5C. Described the world’s first comprehensive roadmap to a net-zero energy sector globally, the report states that the window to deliver on net-zero by 2050 is “narrow” but that the transition can be managed o bring “huge benefits” in terms of job creation, economic growth and wellbeing. The roadmap sets out more than 400 milestones on the global journey to net-zero. Actions that the IEA is recommending are taken immediately include ceasing investment for new coal plants without measures to abate emissions and stopping plans for future fossil fuel supply projects – especially more aggressive projects such as tar sands and arctic drilling. By 2030, the global solar PV generation capacity should reach 630GW and the global wind generation capacity should reach 390GW. This is around quadruple current levels. Then, by 2035, all nations should seek to ban new petrol and diesel car sales. The UK has already set a 2030 date, brought forward twice following criticism from bodies including the Government’s own Climate Change Committee (CCC).
Edie 18th May 2021 read more »
The world needs a “radical” shift towards renewables to reach net-zero emissions by 2050 and secure the 1.5C goal, says the International Energy Agency (IEA). This would see renewable energy overtake coal by 2026, passing oil and gas before 2030. By 2050, it should go on to meet two-thirds of global energy supply and nearly 90% of electricity generation. In a 227-page report, titled “Net-zero by 2050: A roadmap for the global energy sector,” the IEA calls for “a total transformation of the energy systems that underpin our economies”.
Carbon Brief 18th May 2021 read more »
Business Green 18th May 2021 read more »
Exploitation and development of new oil and gas fields must stop this year and no new coal-fired power stations can be built if the world is to stay within safe limits of global heating and meet the goal of net zero emissions by 2050, the world’s leading energy organisation has said. In its strongest warning yet on the need to drastically scale back fossil fuels, the International Energy Agency (IEA) also called for no new fossil-fuel cars to be sold beyond 2035, and for global investment in energy to more than double from $2tn (£1.42tn) a year to $5tn (£3.54tn) The result would not be an economic burden, as some have claimed, but a net benefit to the economy. Fatih Birol, the IEA’s executive director and one of the world’s foremost energy economists, told the Guardian: “If governments are serious about the climate crisis, there can be no new investments in oil, gas and coal, from now – from this year.”
Guardian 18th May 2021 read more »
Independent 18th May 2021 read more »
iNews 18th May 2021 read more »
Net zero means no new oil and gas fields, warns IEA. IEA calls for abrupt halt to fossil fuel era as it warns demand must fall by 75pc to attain climate goals.
Telegraph 18th May 2021 read more »
The IEA’s blueprint for achieving net zero, in line with the Paris climate accord to try to limit global warming to 1.5C, presents a big challenge to oil and gas companies attempting to justify investment in new fields. It also increases pressure on the government to ban new North Sea exploration as it prepares to host the COP26 climate summit in Glasgow in November.
Times 18th May 2021 read more »
The International Energy Agency (IEA) says that no new fossil fuel boilers should be sold from 2025 if the world is to achieve net-zero emissions by the middle of this century. It’s one of 400 steps on the road to net-zero proposed by the agency in a special report. The sale of new petrol and diesel cars around the world would end by 2035.
BBC 18th May 2021 read more »