Author Archives: hmcadmin

PLEA Network

4 June 2015, RTCC, Oil giants support for UN climate pact signals change in strategy. Top hydrocarbon producers seem to accept a global deal will be done in Paris – the question is can they limit its damage? It’s unprecedented for the UN’s climate chief to receive a letter from six oil companies offering help. More likely Sepp Blatter resigning in the wake of FIFA’s corruption scandal, Tony Blair making a speech at a hunger summit for free. But that’s what happened on Friday when the heads of BP, Shell, BG Group, Statoil, Eni and Total wrote to Christiana Figueres. “Climate change is a critical challenge for our world,” they said. “We stand ready to play our part.” The chief executives emphasised the importance of a global price on carbon, and their willingness to work with the UN to make this happen…. 

But why now, and why this letter? Tom Burke, advisor to BP from 1999-2001 and chair of environmental think tank E3G is in no doubt. It’s fear. “They are getting worried. They are beginning to think governments will bend to respond on pressure on climate change more than they thought they would,” he says.“They assumed governments would not do enough to stay below 2C [a temperature level the UN agreed to avoid in 2010]. It’s unprecedented and a sign they are nervous.” The letter is a sign, argues Burke that work exposing the risk of “stranded assets” as a result of climate policies that make fossil fuels unusable is starting to hit home. Read more here

PLEA Network

4 June 2015, Climate Action Tracker, Bonn: The combined climate plans for the G7 and EU have made a small step towards the right track to hold warming to 2?C, but there is still a substantial emissions gap, the Climate Action Tracker said today. Ahead of the upcoming G7 meeting in Germany, the Climate Action Tracker – an analysis carried out by four research organisations – has looked at the combined INDCs of all G7 governments and the EU, who are responsible, in aggregate, for around 30% of global greenhouse gas emissions and 40% of global GDP.

  • Current policies in the G7+EU are projected to stabilise emissions through to 2030 at close to present levels, and do not yet show a decline in emissions, which is needed to move towards below 2°C and 1.5°C emission pathways. 
  • The projected combined effect of G7+EU INDCs for 2025, and 2030, if implemented, would bring the group 20-30% of the way to 2°C-consistent emissions in this period.
  • The G7+EU 2020 pledges only bring emissions 5% of the way towards emissions levels consistent with 2 and 1.5°C in that year.
  • While the remaining gaps still represent important mitigation challenges (roughly 6.5, 7.6 and 7.8 GtCO2e/year in 2020, 2025 and 2030 respectively or 21%, 24% and 25% of 1990 emissions levels excl. forestry), there is a clear, but as yet insufficient, improvement in ambition. Read More here

 

 

PLEA Network

4 June 2015, Alternet, WikiLeaks Releases Secret Documents Related to Controversial US Trade Pact: Document dump regarding Trade in Services Agreement comes day after organization put $100,000 bounty on documents from series of US trade treaties…Among the text leaked on Wednesday are Tisa’s annex on telecommunications services, an amendment that would standardize regulation of telecoms across member countries, according to WikiLeaks. Other documents in the batch of files relate to e-commerce, transportation of living people and regulation of financial services corporations. Read More here

PLEA Network

4 June 2015, Timberbiz, RET could revive timber in Victoria. The revised Renewable Energy Target (RET) currently before Parliament would provide a market for otherwise unsaleable timber, according to a document from Victoria’s state-owned forestry business, VicForests, obtained by the ABC. Source: ABC News. Environment Minister Greg Hunt introduced the Renewable Energy (Electricity) Amendment Bill and the legislation locks in the bipartisan deal for a new, lower, 2020 Renewable Energy Target. But, controversially, it reinstates the burning of native forest wood waste as a renewable energy source in the RET scheme. “There is no evidence that its eligibility leads to unsustainable practices or has a negative impact on Australia’s biodiversity,” Mr Hunt said when introducing the bill. “Using wood waste for generation is more beneficial to the environment than burning waste alone on the forest floor or simply allowing it to decompose and to produce methane a very high global warming potential gas.” The changes will help hardwood timber company Australian Solar Timbers (AST) build a two-megawatt power plant that will generate electricity onsite. AST chairman Douglas Head said timber for the plant in New South Wales’ Macleay Valley would come from existing sawmill waste that had little current value. “There is not one new tree that would be cut. Frankly you would not cut a tree to produce electricity alone. It’s got to be cut for some other high-value use,” he said. He said the wood by-products now potentially eligible for burning were “used sometimes as boiler fuels, potting mix, horse stable coverings and in the chicken industry — very low value”. The VicForests document says wood could be used as a brown coal substitute, but Nathan Trushell from VicForests downplayed the prospect of massive forest furnaces. “I think the stark reality for us is we would see some significant economic challenges with Renewable Energy Target credits or not,” he said. “I think if there is opportunity for us in that space, it’s really around small-scale local generation. I think for large-scale co-generation in coal-fired power stations the reality is timber is heavy and expensive to transport. “If we’re looking at our operations in East Gippsland we’re talking about several hundred kilometres to transport that material. I can’t see how economically that would stack up for us. Read More here