In brief | 13 January '25
Science Direct:
The CO2-tax could generate over 8.2 billion euros in annual revenue, analysis finds.
Bloomberg:
Loss of Russian pipeline supplies will stoke demand for LNG and could squeeze out poorer emerging nations.
Stephen Stypcynski (Bloomberg):
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:
Europe’s aviation industry plans to double its passenger traffic by 2050 and will deplete its carbon budget as early as 2026.
Financial Times:
For some climate scientists, global warming threatens Britain with a more unexpected scenario.