The start of lithium-ion battery production at Northvolt’s large-scale ‘gigafactory’ in Sweden is the latest milestone in Europe’s drive to establish a homegrown battery manufacturing sector to meet the surge in demand for electric vehicles..
“In some ways, wind and solar investments are old news,” says Chris Leslie, Global Head of Sustainability at Macquarie Asset Management. “The focus now is on technologies that enable the energy transition.”
After years of negotiations, a deal on the rules governing global trading in carbon offsets was reached at COP26. Barbara Baarsma, CEO of Rabo Carbon Bank, expects a strong surge in demand for high-quality carbon credits.
Hydrogen power will be on an accelerated growth trajectory in the next decade, says energy transition pioneer Kevin Chin. Government should support hydrogen similarly to how it created solar industry through well-targeted subsidies.
Voluntary carbon markets can help to achieve more ambitious climate mitigation commitments, says a new report, as well as significantly scaled-up flows of finance to developing countries. Will negotiators at COP26 take notice?