Fr. Joshtrom Isaac Kureethadam is Coordinator of the Sector of “Ecology and Creation” at the Vatican Dicastery for Promoting Integral Human Development. He is also Chair of Philosophy of Science and Director of the Institute of Social and Political Sciences at the Salesian Pontifical University in Rome. He was a Research Scholar at the University of Oxford where he is an Academic Visitor from 2011.
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The European Union had started preparing the ground for its “green” transition well before that the war in Ukraine forced it to change plans, re-orientating policy choices towards the fulfilment of short-term energy needs.
The MED This Week newsletter provides expert analysis and informed insights upon the most significant developments within the MENA region, bringing together unique opinions on the topic and reliable foresight upon future scenarios. Today we turn the spotlight on investments in infrastructure, which are increasingly important to let Southern Mediterranean countries fully unlock their economic potential.
The Russian aggression against Ukraine, the sanctions on Russian oil and coal and Russia’s gas supply stop has forced Germany to reassess its energy and climate policy and to redefine priorities in the energy trilemma sustainability- supply security-economic competitiveness. Before the war, Germany clearly prioritized climate sustainability and the electrification/decarbonization of the economy. Meanwhile, it considered fossil energy-especially gas- security stable and secure and competitiveness increasingly a function of the energy transformation.
Spain is pursuing an energy transition model based on renewable energies, electrification, and the development of decarbonised gases, with growing interest in renewable hydrogen. The strategy gives importance to the concept of strategic open autonomy and Just Transition, while it is presented as a lever for reindustrialisation and economic growth.
"The world has never witnessed such a major energy crisis in terms of its depth and its complexity," IEA Executive Director Fatih Birol said at a global energy forum in Sydney. "We might not have seen the worst of it yet -- this is affecting the entire world."
Over the last twenty years, the European Union (EU) has developed strong credentials in tackling climate and sustainable development-related issues, having actively contributed to the achievement of milestone international agreements and been the frontrunner in the design and implementation of climate and environmental policies at large.
The energy transition is crucial in light of the goal for a net-zero transition to deliver the Paris Agreement goals. It implies a massive effort to convert our energy system from fossil fuels to clean energy. To meet this challenge, the EU designed its Green Deal package, consisting of an investment plan, a circular economy action plan, and a revised EU Emissions Trading System. The key to this plan's success is ensuring that European public and private sectors together finance the green transition.
This contribution is based on a policy paper published by the author in July 2022 reflecting on France’s energy future available here (in French).
Emissions from light duty vehicle transport (which includes cars and vans) account for 16% of global CO2 emissions from the energy sector and have been continuously increasing at a global level. Electric vehicles offer a cost effective and efficient solution for the decarbonisation of this sector. The IEA’s Tracking Clean Energy Progress categorises electric vehicles as one of the very few technologies that is on track with net zero by 2050 pathway requirements.