Two important, though not particularly cheerful, goings-on to mention.
This report documents the scale of fossil fuel subsidies and sets out a practical agenda for their elimination in the context of the global goal of tackling climate change. It spells out the real costs of fossil fuel subsidies within the top developed-country emitters (the E11), the G20, and more broadly across developing countries, and outlines ways to achieve their global phase-out by 2025.
John Rowe, Chairman and CEO of Exelon Corporation, gave a very interesting talk at Resources for the Future on May 12th. He touched on a variety of important topics, including nuclear economics, appropriate energy policy, and energy subsidies. Below are quotes I found important in his presentation:
On Government-led energy initiatives
I've never met Franny Armstrong, though her brother is a good friend and I certainly admire her dedication to doing something about climate change.
But getting rescued by the Mayor of London, on his bike no less, is a story too good to pass on. Thankfully Franny was not hurt. And, yet a bit shaken by the attempted mugging, Franny still managed to grill him on climate change policy!