Every eurozone government has debt problems and is cutting its spending, Richard Douthwaite says. Defaults and a prolonged depression are inevitable unless countries inject money into their economies in an unconventional way. A prosperous low-carbon economy would be the result
As fears grow amongst climate scientists that the world may be close to reaching a tipping point leading to runaway global warming, there’s a growing recognition that the forthcoming UN climate conference in Copenhagen must deliver dramatic and binding targets to cut carbon. According to Richard Douthwaite, the talks are unlikely to deliver sufficiently meaningful action.
Up till now, the activities of semi-state energy companies like Bord na Móna, ESB & Bord Gais have not won the favour of environmentalists. Richard Douthwaite explains how that situation is destined to rapidly change, and exclusively reveals details of the ambitious new green direction being adopted by Bord na Móna.
World record oil prices are being shattered so regularly that breaking news stories on the matter seem cliché, with other fossil energy sources heading in the same direction. Richard Douthwaite describes the first significant signs that Irish banks may be starting to take the issue on board regarding property lending.
Planning ahead for Ireland’s electricity supply is by no means a simple matter, given the range of unprecedented issues that are coming to the fore. Massive cuts in emissions must be achieved, whilst decisive action is required to ensure adequate supply of electricity at a time when usage is spiraling. Richard Douthwaite explains the balance that Ireland must achieve between efficient local generation and usage and ensuring optimal interconnection to global renewable electricity supply
The introduction of smart metering later this year presents a great opportunity to engage Irish people en masse into substantially reducing their energy consumption, simply by showing them how much electricity they’re consuming, and how much the cost varies at different times of the day. However, as Richard Douthwaite warns, there is a real risk that smart metering may come in a form that benefits the electricity companies and not the end-user.
Much of the debate on reducing international carbon emissions has focused on the extra cost of making the necessary cuts to slow the onset of climate change. According to Richard Douthwaite, the Irish Government is considering introducing Cap and Share, a system which would actually earn ordinary Irish people money for reducing emissions.
In an increasingly risky property market Richard Douthwaite looks at what developers can do to protect their investment.
Richard Douthwaite looks at the viability of heat pumps, and the factors that could determine their future role in a changing energy landscape.