Simon Evans

📢ANALYSIS: UK emissions fell 3.6% in 2024 to lowest since 1872 🏭Coal lowest since 1666, when Great Fire ravaged London 🚗EVs pushed oil down despite more traffic, saving £1.7bn 🌇Gas down on "cleanest ever" power 📈📉Since 1990, CO2 -54% / GDP +84% carbonbrief.org/analysis-uk-em… 1/9

New from me: How China's clean energy manufacturing boom is helping reduce CO2 emissions overseas. In 2024, China’s exports of solar panels, batteries and electric vehicles are shaved 1% off global emissions outside of China.

🔥⚖️🌐HAPPENING NOW: Historic #ClimateJustice Ruling being delivered by the 🇺🇳🧑‍⚖️ @CIJ_ICJ International Court of Justice - this ruling could signal a new dawn for climate law & accountability 📝🧵Live thread below with context, summary and analysis 👇 #ClimateJusticeAO #AOLetsGo

NEW – Analysis: China’s clean-energy exports in 2024 alone will cut overseas CO2 by 1% | @laurimyllyvirta Read here: buff.ly/V7BVSsL

'We’ve got more wars than we’ve had. We’ve got more grade-four famines. It’s a very, very complicated world' UK #climate envoy Rachel Kyte w/ @carbonbrief i/v on #COP30, climate $$$, 1.5C and wider politics of energy transition carbonbrief.org/the-carbon-bri…

NEW – The Carbon Brief Interview: UK climate envoy Rachel Kyte (@rkyte365) | @DrSimEvans @LeoHickman Full interview here ➡️ buff.ly/7DMZJk8

This will have no impact on AR7 : a) unlikely these companies will rise to the bait b) they are protected by CiL provisions in the CfD contract which is a private law contract between the state and the developer c) ISDS are a nasty thing to get on the wrong side of

The government now intends to offer 20 years CfDs to Offshore and Onshore wind, and Solar PV. Key impacts here are lowering the overall CfD price by spreading the support out longer and reducing the merchant tail risk (esp. important following REMA).

Sorry Trump, US coal power is still on the way out

Power generation from coal and gas was flat year-on-year in China in the second quarter, falling in April and inching up 1% in both May and June. Crude steel output fell no less than -9% and cement output by 5% - these are the two highest-emitting industrial sectors.

Much of our media keeps making the same mistake when it reports on EVs No, the car industry does not need to hit 28% EV sales in 2025 Flexibilities, that the car industry lobbied for, lower the target for 2025 to 22% And with sales currently at 21.6%, industry is on target

Stephen Bush is brutal on "magical thinking" from net-zero sceptics: "What [they] seem to envisage is [a world where]…we & the planet agree to put all of this unpleasantness behind us & spend money on neither [cutting emissions nor adapting to warming]" ft.com/content/c40f87…

Amazingly, just 10 months of being an Energy Minister appears to have completely radicalised Lord Hunt against judicial review Less than eight weeks after leaving DESNZ, he's tabled amendments that would fully block legal challenge Government infrastructure policy

FT frontpage reporting that the European Commission "seems to have ruled out…a controversial carbon tax on home heating and road transport" (the so called ETS 2)

UPDATE: The Times has now published a correction, after it mixed up the cost of cutting CO2 with the cost of NOT cutting CO2 "An article…confused the cost of climate change mitigation policies with that of climate-related damage" Well done to the editors – facts matter

OPEC publishes its annual World Oil Outlook, predicting demand will continue to increase until 2050 (reaching ~123 million b/d, from 103.7m b/d last year). The view is an outliner within the industry. Even Exxon sees oil demand plateauing soon. #OOTT bloomberg.com/news/articles/…

So! China released its new renewable power consumption quotas yesterday and added heavy industry into the list of obligated entities. A Big Deal! I last wrote a thread about China's RPS ~4 years ago, but things have changed since then, so it's time for a commentary refresh. 🧵