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Contents contributed and discussions participated by Ed Webb

Ed Webb

Energy majors exaggerating green performance: analysis - Al-Monitor: Independent, trust... - 0 views

  • nergy majors are exaggerating their green credentials in public messaging while continuing to allocate the majority of new investment to oil and gas projects, according to an industry analysis released Thursday.Campaigners say this "significant misalignment" between communication strategies and business plans could allow five of the biggest privately-owned energy firms to continue to delay the decarbonisation needed to avoid the worst impacts of climate change.
  • public communications were found to contrast with the five's planned capital expenditure for 2022, with just 12 percent of new investments earmarked for low-carbon activities
  • the five corporations had spent $750 million on climate-related messaging last year alone
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  • significantly cheaper than decarbonising their business models and would encourage governments to continue subsidising their products
  • Some of the firms analysed plan to increase oil and gas production by 2026, something the analysts said would see their emissions "significantly overshoot" the International Energy Agency's recommended net-zero pathway.
  • "climate disinformation"
Ed Webb

Australia fires damaged ozone layer, warmed stratosphere, study says - The Washington Post - 0 views

  • “It is plausible that the good work carried out under the Montreal Protocol … could be undone by the impact of global warming on intense fires,”
  • under global warming, the frequency and intensity of wildfires is expected to increase, which would lead to more” fire-induced stratospheric warming and ozone depletion in the future
  • The ozone hole that formed over Antarctica following the fires in 2020 was the longest-lasting and among the largest and deepest in decades
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  • “Heating the stratosphere doesn’t really have a direct impact for us at the surface [of the Earth], but keeping the ozone from recovering or destroying the ozone for a year has a real impact at the surface,” he said. “Before the 2019 bush fires, I don’t think we even thought [fires] could have such an impact. That a bush fire could be as impactful as a volcano.”
Ed Webb

The Great Pivot: Why Dem Green Energy IRA Will Steamroll Fossil Fuels and Help Save the... - 0 views

  • Although it is true that Senator Joe Manchin (and, for all we know some other Dem senators) slipped some goodies into the bill for Big Carbon, those are small potatoes compared to the massive sums devoted to climate change amelioration. And, those funds come on top of billions that were in last fall’s Infrastructure Act for setting up charging stations around the country for electric vehicles, supplying schools with electric buses, and emissions reductions at ports and airports.
  • American energy is no longer a level playing field. It is starkly tilted against fossil fuels, both because of price structures and because of state government policy in big important states like California and New York.
  • Despite a slight uptick this year because of Russia’s invasion of Ukraine and subsequent high methane gas prices, coal is doomed and will decline to almost zero in this decade. Methane gas is also doomed but may last a little longer.
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  • Methane “natural” gas is already a loser in many US markets because a new gas plant generates electricity for 6.5 cents a kilowatt hour. Wind power is 4 cents a kilowatt hour this year, much cheaper than gas. Utility-scale solar in the US can be had for as little as 6 cents a kilowatt hour, already cheaper than gas and falling in cost rapidly.
  • new electricity generating capacity in the US will double the rest of this year and 82% of it will be wind, solar and battery
  • Energy companies will have a choice of putting in gas plants at high cost and a low government subsidy or putting in solar and wind at a low cost and high government subsidies.
  • As big wind and solar corporations emerge with their own lobbyists, the Republican Party’s attachment to the declining fossil fuel corporations will be weakened and then broken, and by the end of this decade we could see hawkish green Republicans in the House and Senate backed by companies like Xcel.
Ed Webb

Trade for an inclusive circular economy | Chatham House - International Affairs Think Tank - 0 views

  • The circular economy offers a value-chain approach to tackling this problem. Rather than the current linear flow of materials through the global economy, in which they are extracted, processed, manufactured, used, and finally disposed of as waste, a circular economy uses a systemic approach to decouple economic prosperity from material use by maintaining a circular flow of resources through regenerating, retaining or adding to their value, while contributing to sustainable development. The circular economy not only encourages sustainable production and consumption, but could also contribute to tackling the 45 per cent of global emissions that cannot easily be mitigated through the shift to renewable energy and energy-efficiency measures,2 and help halt and reverse land degradation and biodiversity loss.
  • Circular trade has grown strongly in value over the past two decades. For example, the value of trade in second-hand goods, secondary raw materials and waste for recovery rose by more than 230 per cent (from $94 billion to $313 billion) between 2000 and 2019, with the global export value of trade in goods rising by around 195 per cent over the same period.4 The value of trade in maintenance and repair services increased from $74 billion to $108 billion between 2015 and 2019.5
  • Although circular trade is a key enabler of a global circular economy, a range of regulatory and technical challenges are inhibiting its advancement. These include a lack of mutually recognized definitions, classifications, interoperable standards, regulations and conformity procedures concerning circular economic activities or goods. Furthermore, as an emerging area of activity, the circular economy has itself only been embedded to a limited degree in bilateral, regional and plurilateral trade and economic cooperation agreements. This restricts the scope and potential for collaboration around transboundary issues such as illegal waste, supply-chain transparency and traceability, investment or the issues pertaining to mutual recognition, technical barriers to trade, and trade facilitation.
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  • If an explicit goal to reduce inequality is not built into the global circular economy transition, then it is highly likely that these inequities will create a ‘circularity trade divide’, in which the gains accrued from circular trade are highly unevenly distributed between developed and least developed countries.
  • around 45 per cent of the total global value of trade in secondary goods and materials, waste and scrap occurs solely between high-income countries, compared with only about 1 per cent between low-income countries and middle- to high-income countries
  • countries in the Global South are often the final destination for internationally traded low-value or illegal waste
  • The circular trade divide, should it persist, will act as a significant barrier to a globally inclusive transition to a circular economy, and impede progress on the UN’s 2030 Agenda for Sustainable Development and Sustainable Development Goals (SDGs).
  • This paper sets out a framework for inclusive circular trade, intended to enable a more inclusive pathway for the circular economy transition. The framework was developed through the work of an alliance of organizations spanning Africa, Southeast Asia, Latin America and the Caribbean, and Europe.
Ed Webb

Romanian port struggles to handle flow of Ukrainian grain | AP News - 0 views

  • With Ukraine’s seaports blockaded or captured by Russian forces, neighboring Romania’s Black Sea port of Constanta has emerged as a main conduit for the war-torn country’s grain exports amid a growing world food crisis.It’s Romania’s biggest port, home to Europe’s fastest-loading grain terminal, and has processed nearly a million tons of grain from Ukraine — one of the world’s biggest exporters of wheat and corn — since the Feb. 24 invasion.But port operators say that maintaining, let alone increasing, the volume they handle could soon be impossible without concerted European Union support and investment.
  • Constanta’s proximity by land to Ukraine, and by sea to the Suez Canal, make it the best current route for Ukrainian agricultural exports. Other alternatives include road and rail shipments across Ukraine’s western border into Poland and its Baltic Sea ports.
  • U.N. Food and Agriculture Organization projects up to 181 million people in 41 countries could face food crisis or worse levels of hunger this year in connection with the Ukraine war.
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  • enabled the port over the past four months to ship close to a million tons of Ukrainian grain, most of it arriving by barge down the Danube River. But with 20 times that amount still blocked in Ukraine and the summer harvest season fast approaching in Romania itself and other countries that use Constanta for their exports, Dolghin said it’s likely the pace of Ukrainian grain shipping through his port will slow
  • solutions discussed in Kyiv, Iohannis said, included speeding up Danube barge shipments, increasing the speed of their unloading at Romanian ports, new border crossings for trucks with Ukrainian grain and reopening a decommissioned railway linking Romania with Ukraine and Moldova
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