ETA’s mission is to research and analyze energy markets in the context of the economic and policy trends that are driving one of the great transitions in history -- the transition away from fossil fuels towards more sustainable sources of energy. Analyzing the economic and policy risks increasingly embedded in the exploration, development, and extraction of fossil fuels will be a central focus of the group’s work, with ETA offering advisory and consulting services to the not-for-profit, public and commercial sectors.Read More
Not For Profit
Civil Society is a driving force in the Energy Transition towards more sustainable outcomes. ETA seeks to carry out research and advise the Not For Profit sector on key financial issues such as carbon risk, cleaner energy trends and policy.Read More
The Energy Transition will be one of the most significant economic and infrastructure trends in the next 50 years. Ranging from Mining , Utility, Manufacturing and Finance industries there will be major financial implications. ETA is positioned to carry out research and advise on these.Read More
Key findings of the report
“Thermal Coal in Asia – Stopping the Juggernaut” edited by Mark Fulton (ETA), pulls together key sources to show that both China (by 2020) and India (in the 2030s) will exceed their IEA ETP annual carbon budgets. Furthermore, without a massive scale-up in renewable energy and the development of Carbon Capture and Storage (CCS) in key geographic areas (particularly China), the total carbon budget up to 2050 will also be exceeded in the 2030s. These conclusions are based on existing and “under construction” thermal coal power plants, yet even if no additional power plants are constructed, the budget would still not be met. Consequently, the research report calls for action: (1) to reform electricity markets so that low cost renewables are dispatched first; (2) to extend robust moratoriums on new coal power plants; (3) to cap longer-term coal consumption and emissions in the power sector in the context of carbon markets.