In brief | 13 January '25
Science Direct: CO2-tax on emission-intensive agricultural goods could cut German agricultural emissions by 22.5%
The CO2-tax could generate over 8.2 billion euros in annual revenue, analysis finds.
Bloomberg: Europe threatens to trigger a global scramble for natural gas
Loss of Russian pipeline supplies will stoke demand for LNG and could squeeze out poorer emerging nations.
Stephen Stypcynski (Bloomberg): More LNG vessels are diverting to Europe to take advantage of better prices
Four diversions from Asia to Europe in the last week. Europe needs LNG to replace the lost Russian pipeline gas supply via Ukraine, while Asia doesn't need the LNG as demand remains subdued.
Transport & Environment: Aviation industry plans for growth ‘irreconcilable’ with Europe’s climate goals
Europe’s aviation industry plans to double its passenger traffic by 2050 and will deplete its carbon budget as early as 2026.
Financial Times: The utterly plausible case that climate change makes London much colder
For some climate scientists, global warming threatens Britain with a more unexpected scenario.