Category Archives: The Mitigation Battle

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4 August 2015, RTCC, Russia lays claim to vast Arctic territories. Renewed bid for oil-rich polar region comes as US president Obama plans climate change warning at Arctic summit: Russia has submitted a claim to the UN for 1.2 million square kilometres – an area larger than France and Germany – of Arctic territory. Citing studies of the extent of the continental shelf, Moscow is seeking to extend its sovereignty over much of the North Pole. A similar bid in 2001 was rejected, but the foreign ministry says it has fresh data. It conflicts with a claim filed by Denmark in December 2014, which is still under consideration. Canada is also expected to make a pitch in the coming months, although that could be held up by federal elections in October. Robert Huebert, a Canadian expert on the Arctic and international relations, told RTCC other countries were likely to welcome Russia “playing by the rules” – in contrast to its military incursion into the Ukraine. It comes ahead of a key summit of Arctic powers, at which US president Barack Obama is set to highlight the threat posed by climate change. Pentagon officials have warned that the US military is ill-equipped to deal with emergencies in the harsh polar conditions as global warming opens it up to oil exploration and shipping. The area claimed by Russia is estimated to cover 594 oil fields and 159 gas fields, the Barents Observer reported, as well as nickel and gold deposits. Read More here

 

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4 August 2015, The Guardian, G20 countries pay over $1,000 per citizen in fossil fuel subsidies, says IMF. World’s leading economies still paying trillions in subsidies despite pledges to phase them out, new figures show. Subsidies for fossil fuels amount to $1,000 (£640) a year for every citizen living in the G20 group of the world’s leading economies, despite the group’s pledge in 2009 to phase out support for coal, oil and gas. New figures from the International Monetary Fund (IMF) show that the US, which hosted the G20 summit in 2009, gives $700bn a year in fossil fuel subsidies, equivalent to $2,180 for every American. President Barack Obama backed the phase out but has since overseen a steep rise in federal fossil fuel subsidies. Australia hosted the most recent G20 summit, where prime minister Tony Abbott was forced to reaffirm the commitment to the phase out, but it still gives $1,260 per head in fossil fuel subsidies. The UK, which is cutting renewable energy subsidies, permits $41bn a year in fossil fuel subsidies, which is $635 per person. In contrast, Mexico, India and Indonesia, where per capita subsidies average $250, have begun cutting fossil fuel support. The vast fossil fuel subsidies estimated by the IMF for 2015 include payments, tax breaks and cut-price fuel. But the largest part is the costs left unpaid by polluters and picked up by governments, including the heavy impacts of local air pollution and the floods, droughts and storms being driven by climate change. The [new] figures reveal the true extent to which individual countries are subsidising pollution from fossil fuels – Lord Nicholas Stern. The IMF, which published a global estimate – $5.3tn a year – of fossil fuel subsidies in May, calculates that ending fossil fuel subsidies would slash global carbon emissions by 20%, a huge step towards taming global warming. Read More here

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3 August, The Guardian, Senate inquiry recommends national standards on windfarm noise levels. Independent committee will set noise levels and states that refuse to adopt them barred from receiving renewable energy certificates under proposal. An independent scientific committee should be created to set national standards on the level of sound emitted by windfarms, the final report of a Senate inquiry into turbines has recommended. States that refuse to adopt the national limits should be barred from receiving renewable energy certificates, it said. The independent expert scientific committee on industrial sound should report back to state and federal health ministers on the health effects of proposed windfarms, the report by the select committee on wind turbines said. If the project poses a risk, it should not be accredited. The report was tabled in the Senate on Monday, and urges the federal government to put a cap on renewable energy certificates of five years…. “If the government follows through on the recommendations in the majority report it will just cement Australia’s place as a global climate pariah with regional communities and the environment paying the price.” The final report also recommends that the national health and medical research council should research the ill health effects of wind turbines, a syndrome for which no evidence has been found. “The committee believes there is an urgent need to put in place a central point of expert scientific advice on the risks of wind turbines to human health,” the report said. The Australian Medical Association refused to front the inquiry and has said that “there is no accepted physiological mechanism where sub-audible infrasound could cause health effects”. The report criticised the AMA’s decision not to give evidence, and hammered the research council for taking the advice of “Big Wind”. Read More here

26 June 2015, The Guardian, Minimal sound and almost no fury: life in the shadow of Australia’s windfarm ‘hell’: As the political cacophony about ‘noisy, visually awful’ wind turbines reaches fever pitch, Calla Wahlquist visits the farmers who host one of the southern hemisphere’s largest windfarms and finds them stubbornly unperturbed. Read More here

 

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31 July 2015, Renew Economy, Investors have lost their shirts on Peabody; now taxpayers are in the line of fire: The U.S. coal sector is in financial distress, a fact that’s been apparent for some time now and is made more evident with this week’s second-quarter earnings report from Peabody Energy. Peabody continues to tank for the main reasons many other major coal producers continue to tank: It made too many top-of-the-cycle, multibillion-dollar debt-funded acquisitions and its executives have continued to pretend that they can’t see the oversupply in a seaborne coal market that is in structural decline. Meanwhile, Alpha Natural Resources has been delisted from the New York Stock Exchange, Arch Coal is fighting to stay in play, and Walter Energy filed for bankruptcy this month. Some key detail from the latest numbers on Peabody, the biggest non-government-owned coal producer in the world: Read More here