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Recently the UK government published documents in response to its consultation aimed at creating a vibrant low carbon hydrogen economy in the UK. This analyst note focuses on the main highlight of these publication on the hydrogen business model, along with the indicative heads of terms for engagement with potential low carbon hydrogen producers.
In Oct 2021, the International Energy Agency (IEA) published its 'Ammonia Technology Roadmap' report with specifics on sustainable nitrogen and fertilizer production. The report lists current ammonia production, demand, supply, and trade, and projects the future for the ammonia industry.
Since 2020, the European Commission, supported by the Platform and the Technical Expert Group (TEG) on Sustainable Finance, has been developing the regulatory framework to direct investments towards sustainable activities with a classification system to evaluate homogeneously the climate and environmental performance of economic activities, known as the EU taxonomy. Key regulations are entering into force in 2022. This analyst note provides an overview of the current regulatory and technical framework of sustainable finance.
In early April 2022, the Intergovernmental Panel on Climate Change (IPCC) released a special report on the Mitigation of Climate Change as a contribution to the Sixth Assessment Report launched in 2021. This analyst note provides insights on key issues addressed in the set of documents made publicly available.
Europe is reliant on natural gas imported from Russia, and this dependence has become politically unacceptable for EU governments after Russia invaded Ukraine on 24 February 2022. The European Commission (EC) is developing a plan to reduce the need for Russian gas in the region and control the skyrocketing energy prices in the short-term. These circumstances present an opportunity to accelerate the transition to Net Zero, but challenges remain.
In February 2022, the Indian Government announced the much-awaited Green Hydrogen Policy, which is intended to make it easier to produce 5 million tonnes of green hydrogen per annum by 2030 and increase renewable energy capacity. This analyst note provides highlights of the policy and recent developments around India’s Green Hydrogen Sector.
On February 27, 2022, the Intergovernmental Panel on Climate Change (IPCC) released a special report on impacts, adaptation, and vulnerability to climate change as a contribution to the Sixth Assessment Report launched in 2021.
The Paris Agreement, a legally binding international treaty on climate change, was adopted by 196 Parties at Conference of Parties (COP) 21 in Paris, December 2015 and entered into force in November 2016. Nationally Determined Contributions (NDCs) comprise a core part of this agreement that are used by many countries to announce their climate pledges, especially pre- and post-COP 26, which was recently held in Glasgow at the end of 2021.
On 6th November 2021, the US Congress passed the Bipartisan Infrastructure Deal (Infrastructure Investment and Jobs Act) which focuses on upgrading and increasing the availability of core infrastructure. This analyst note provides an overview and analysis on potential implications for industry.
This analyst note provides initial thoughts and analysis on the outcomes of COP26.
