Energy

Coal-fired plant shifted $1bn offshore while pocketing $117m from Australian taxpayers

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Payment to owner of Loy Yang B – one of country’s dirtiest plants – was compensation for short-lived carbon tax Christopher Knaus and Nick Evershed  The Guardian The owner of one of Australia’s dirtiest coal-fired power plants quietly moved $1bn offshore within days of pocketing $117m from taxpayers in compensation for Labor’s now-defunct carbon tax. The revelation, contained in the Paradise Papers, has prompted renewed criticism of the “chronic failure” of Australian climate policy and warnings against future cash handouts ... Read More »

Why we need a better philosophy of trees

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On November 6 1217, Henry III’s Charter of the Forest gave ordinary English people back their traditional rights to use royal hunting grounds for livestock grazing and collecting firewood. Tristan Moyle The Conversation The freedoms that were restored in the use of ancient woodland reshaped the community’s legal and political relationship with nature. But, today, this relationship has broken down. Only 2% of the UK’s ancient woodland survives; over half has been destroyed since the 1930s. Only 13% of the ... Read More »

Moves to curb democratic fracking protests in the UK ‘extremely worrying’

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Green MP Caroline Lucas criticises attempts by chemicals multinational Ineos to impose a sweeping injunction against anti-fracking campaigners Rob Evans The Guardian <link rel=”stylesheet” type=”text/css” href=”https://assets.guim.co.uk/stylesheets/064de39e9029c914e0445713b1fb5737/content.css”/> The chemicals multinational Ineos is facing criticism for seeking to curb democratic protests against fracking in a move described by Green MP Caroline Lucas as “extremely worrying”. On Tuesday Ineos began its latest legal move to impose a sweeping injunction against all campaigners protesting over its fracking operations. Any campaigner may be jailed, fined ... Read More »

Germany set to pay customers for electricity usage as renewable energy generation creates huge power surplus

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Output from wind turbines forecast to hit record on Sunday German power producers are poised to pay customers to use electricity this weekend. Jesper Starn The Independent Wind generation is forecast to climb to a record on Sunday, creating more output than needed and driving electricity prices below zero, broker data compiled by Bloomberg show. It would be the first time this year that the average price for a whole day is negative, not just for specific hours. Germany’s grid operators ... Read More »

New Zealand’s incoming PM Jacinda Ardern signs coalition deal, outlines plans to go green

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New Zealand’s incoming Government is hoping to make the nation greener by planting 100 million trees each year, ensuring the electricity grid runs entirely from renewable energy, and spending more money on cycle ways and rail transport. AP/ABC Jacinda Ardern, who takes over as prime minister this week, on Tuesday outlined agreements her Labour Party reached with other political parties joining them in the new Government. In addition to the environmental initiatives, Ms Ardern also outlined plans to raise the ... Read More »

New market prices on renewable energy means 2030 targets can be set even higher

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A healthy development in offshore wind has enabled steep cost reductions in wind power, creating the opportunity to exceed the current 2030 European RES target. Aske Chiko Wong  Politico The EU agreement stating that 27 percent of the energy supply should come from renewable energy sources was made on the assumption of a cost level that would reach €123/MWh in 2020. However, current costs are much lower, as recent development in offshore wind has made it possible to deliver green ... Read More »

Energy independence: is Lithuania getting away with state aid?

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The EU says Lithuania can levy funds from gas consumers to finance its own energy companies. Achema, Lithuania’s largest consumer, disagrees. Ramunas Miliauskas, chief executive officer, Achema Politico The European Commission and the European Court of Justice are currently considering state aid complaints against Lithuania. The outcome could have repercussions for every gas consumer in the country and massive ramifications for one company in particular. Achema is the largest fertilizer producer in the Baltic states, and part of a group ... Read More »

The Oceans – a Challenged Resource

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The world’s oceans facilitate global transportation. They also offer a unique source of food: one that continues to give. Provided we manage this source responsibly, of course. Sustainable harvest must be combined with prudent Kåre R. Aas * HuffPost Based on an American initiative, the world’s maritime nations came together yesterday and today (Oct 5 and 6) for the 4th annual Our Oceans conference to discuss how to achieve this balance. The United States has hosted twice. This year, the chair ... Read More »

Europe still hopeful to get Turkmen gas

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Turkmenistan, a hydrocarbon-rich Central Asian, is still hopeful to see its gas reach the European markets, while Brussels counties talks in this regard. Gulgiz Muradova AzerNews The EU is negotiating with Azerbaijan and Turkmenistan over a Trans Caspian Pipeline System, said Anca Paduraru, EU Spokesperson for Energy Union projects. “Negotiations are on-going,” Paduraru said, when answering on progress of the talks. “The EU’s objective has not changed. To diversify the EU’s supplies, the Southern Gas Corridor aims to expand infrastructure ... Read More »

Diesel cars help drive Australia’s energy emissions to highest level, report shows

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Exclusive Australia’s love affair with diesel cars has helped push the nation’s energy emissions to a record high, new analysis shows, in a warning that road transport rivals electricity as the most pressing energy challenge facing the… Nicole Hasham The Age Respected energy analyst Hugh Saddler compiled the disturbing report on behalf of progressive think tank The Australia… Dr Saddler said the failure of successive governments to invest in efficient transport infrastructure, such as rail, has allowed transport fuel emissions to keep rising – ... Read More »

Turkey agrees to ‘only deal with Baghdad’ over oil exports

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In a major U-turn, Turkey has agreed to solely deal with the central Iraqi government over crude oil exports, following a contentious secession referendum held by Iraq’s semi-autonomous Kurdistan region, the Baghdad government says. PressTV The office of the Iraqi Prime Minister Haider al-Abadi reported Ankara’s change of mode on Thursday, following a phone call between Abadi and his Turkish counterpart, Binali Yildirim. Yildirim “confirmed the support of his country on all decisions” taken by the Iraqi government, said the… ... Read More »

Production of shelf hydrocarbons to grow to 50 million tonnes by 2035

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By 2035, Russia may produce 22% of oil in the Arctic TYUMEN, September 21. /TASS/. Russian companies may produce 50 million tonnes of hydrocarbons on the shelf by 2035, Russia’s Deputy Minister of Energy Kirill Molodtsov told the Tyumen oil and gas forum on Thursday. “On the shelf we continue building up the production at the current fields,” he said. “The task is to produce about 50 million tonnes by 2035, while currently we produce about 28 million tonnes of ... Read More »

How China’s economy could turn radioactive

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Satellites show massive land slides at North Korea’s nuclear test site, which are raising concern about radiation leaks that could threaten China. William Pesek Asia Times In February, China’s embassy in Tokyo issued a unique safety warning to millions of mainland tourists flocking to Japan: mind the radiation. Chinese diplomats in February were responding to an admission by Tokyo Electric Power Co. that radiation levels at the Fukushima atomic facility northeast of Tokyo were higher than previously… Yet China may ... Read More »

‘Grandmother plant’: Ex-UN climate chief Christiana Figueres has advice for PM

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AGL’s Liddell power station is a “grandmother” plant that shouldn’t receive funds more usefully invested elsewhere to improve Australia’s energy prospects, Christiana Figueres, the former United Nations climate chief… Peter Hannam The Sydney Morning Herald Ms Figueres, who as executive secretary of the UN Framework Convention on Climate Change oversaw the Paris climate agreement, said time is running out for Australia to get its energy and carbon policies in… “The time is short,” Ms Figueres told Fairfax Media during a ... Read More »

The Guardian view on climate change: see you in court

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It is possible to determine which nations and companies are responsible for damaging the climate. It’s only a matter of time before courts decide they must pay for global warming. Editorial The Guardian Recent days have seen Houston, Texas literally sunk under sheer weight of rain, Carribbean islands battered by powerful storms barrelling across the Gulf and now Florida homes blasted by Irma, the largest of three hurricanes churning in the Atlantic basin. It seems almost certain that man-made climate ... Read More »

Oil Barrels Aren’t Real Anymore

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Once a cask that held crude, the oil barrel is now mostly an economic concept An Object Lesson. Brian Jacobson The Atlantic   The U.S. oil industry pumps more than 3 billion barrels of crude per year.Oil crosses continents in pipelines like the Keystone, which moves 1.3 million barrels per day. It travels between them on tanker ships, the largest of which can carry 3.7 million barrels. When oil leaks, the disaster is quantified in barrels spilled—more than 250,000 from ... Read More »