What Drives Pakistan's Coal-fired Power Plant Construction Boom?

In September 2021, at the United Nations General Assembly, China’s President Xi announced that China would no longer support overseas coal-fired power plants. One of the primary beneficiaries of Chinese public finance in coal has been Pakistan’s energy sector. According to the IEA, between 2015 and 2018, Pakistan’s coal-based generation capacity increased from 148 GWh to 15,930 GWh. Such a ramp up in energy generation capacity was sorely needed. Pakistan faced crippling blackouts, which undermined the investment climate and suppressed industrial output, not to mention energy access concerns

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Natural Farming, A Climate Solution in India?

A new Tufts CREATE Solutions report reviews evidence for Zero Budget Natural Farming (ZBNF), one of the largest efforts to implement agroecology at scale. The Government of Andhra Pradesh, India plans to expand ZBNF to millions of farmers in the state over the next several years. The review finds ZBNF generally increases farmers’ income, but critical gaps remain concerning climate change outcomes.

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What the New Methane Rules Could Mean for US Early Adopters

As scientific data on methane leakage from US oil and gas production and transport systems has improved, the urgency of methane mitigation policy has increased. Higher estimates for methane released in oil and gas US operations continue to be verified via ground-based facility scale measurement combined with satellite and other aerial methods, suggesting that volumes of well over 2 to 3 percent of gross US natural gas production need to be detected and remedied.

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US RD&D: Make it more inclusive, more impactful

The International Energy Agency’s recent Clean Energy Innovation assessment is that more than 50% of the technologies needed for the attainment of net zero greenhouse gas emissions targets by 2050 are not yet commercialized and need rapid acceleration. Considering the global climate crisis, research, development, and demonstration (RD&D) spending on clean energy needs to be higher and more effective. Bipartisan support for spending on clean energy innovation has been a fixture of the US Congress over the past decade. Now as Congress debates the path forward for this investment, more attention should be given to how to improve outcomes from new appropriations.

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Congress Should Approve a Federal Green Bank to Promote a Just Energy Transition

As Congress continues to debate infrastructure legislation, it should endorse a proven model for addressing the complex political landscape in the United States: Green banks. The Biden administration is proposing the establishment of a $27 billion “Clean Energy & Sustainability Accelerator’ which, in effect, would be a federal green bank. A new report from Climate Policy Lab argues that a federal green bank can be “one of the best tools in the country’s toolbox for ensuring a just energy transition” by targeting communities being left behind

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Two decades of global energy RD&D data shows greening trend but fossil fuel spending still in billions

Should we be optimistic about our clean energy innovation efforts against climate change? Our new research shows that global government energy RD&D investments between 2000-2018 are decarbonizing. Nuclear has held steady, fossil fuels have decreased, and clean energy has increased. China and India have now joined the United States and Japan in the ranks of the top four countries overall. Energy RD&D by state-owned enterprises remain skewed toward fossil fuels and nuclear.

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What the 1987 Montreal Protocol Teaches Us About Carbon Border Taxes

The pressure to enact ambitious climate policy is higher than ever, as the IPCC clarifies the urgency of the challenge, and key global summits draw closer. In addition to emissions reduction targets and investment in green infrastructure, political leadership in the European Union and the United States are considering a “carbon border tax.” This is a duty on imported goods, determined based on the carbon (or greenhouse) footprint of the process used to manufacture the good in the country of origin. These are attempts to mimic the “climate club” approach of the Montreal Protocol, but need to pay much closer attention to the details of that agreement. In this blog, Fletcher School junior fellow, Tarun Gopalakrishnan explains why.

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Trends in US Public Investment in Low-Carbon RD&D

President Joe Biden’s first budget release provides an initial glimpse of the Biden Administration’s priorities for technological innovation in low-carbon energy. Importantly, the fiscal year (FY) 2022 request would sharply increase US government investments in research, development, and demonstration (RD&D) in energy efficiency and renewables.

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Delivering Climate Finance Via National Climate Funds

Rishikesh Bhandary opines that in the run up to COP26 in Glasgow, countries should consider not just meeting the $100 billion climate finance goal but also paying attention to the delivery channels that will be used to supply the funding.

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Climate Proofing China’s Belt and Road Initiative (BRI)

Last fall, President Xi Jinping surprised the world with his announcement that China would achieve climate neutrality by 2060. This bold step and accelerates an already long list of major Chinese national efforts that not only will help China transform its domestic economy, but also put China in a leadership position globally with respect to having a mid-century target.

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A Climate-responsible COVID Stimulus Makes Sense for India

Since the onset of the COVID crisis, economic stimulus has been re-framed as roadmaps to ‘green recovery’ or ‘building back better’. The question is whether these ideas are useful for India, especially when it is facing a longer road out of the pandemic than previously thought. Evidence supports that they are relevant, for three reasons.

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Explaining China’s Emissions Trading System, Now the World’s Largest Carbon Market

Market-based policy tools like the emissions trading system are a new endeavor for China, which has generally relied on command-and-control policies to regulate the environmental protection since the establishment of pollutant discharge fees in 1978. However, new approaches became more pressing as air pollution rose to be a major focus of Chinese society starting in 2008 and concerns about climate change issues increased over time.

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How Effective are Climate Finance Policies?

On February 3rd, a proposal to establish a National Green Bank was floated in both chambers of the U.S. Congress. The proposal calls for $100 billion Clean Energy and Sustainability Accelerator to help unlock credit and direct financing towards technologies that need to be commercialized. This proposal also follows closely on the heels of the recently released National Academies of Science, Engineering and Medicine report on deep decarbonization (co-authored by Kelly Sims Gallagher) which calls for a green bank at the federal level that can help capitalize local level green banks. It comes amidst reports that governments, corporations and other entities last year raised over $490 billion in green bonds and social impact vehicles.

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