30 August 2016, The Guardian, Victoria to permanently ban fracking and coal seam gas exploration. Activists and farmers hail decision after inquiry into onshore unconventional gas received 1,600 submissions. Victoria is to introduce a permanent ban on all onshore unconventional gas exploration, including fracking and coal seam gas, becoming the first Australian state to do so. The premier, Daniel Andrews, made the announcement on Tuesday morning and said legislation for the ban would be introduced later this year, making the current moratorium on unconventional gas exploration permanent. A parliamentary inquiry last year into onshore unconventional gas in Victoria received more than 1,600 submissions, most of them opposed to fracking and coal seam gas exploration. A statement from the Department of Premier and Cabinet said: “It is clear that the Victorian community has spoken. They simply don’t support fracking. “The government’s decision is based on the best available evidence and acknowledges that the risks involved outweigh any potential benefits to Victoria.” The government said the move would protect the reputation of Victoria’s agriculture sector, which employs more than 190,000 people; provide certainty to regional communities; and end anxiety felt by farmers about the environmental and health risks associated with fracking. Read More here
Monthly Archives: August 2016
29 August 2016, The Guardian, Greg Hunt’s approval of Adani’s Queensland mine upheld by federal court. Former environment minister entitled to find any assessment of resulting carbon pollution on the Great Barrier Reef was ‘speculative’, court says. The federal court has upheld the commonwealth approval of Adani’s Queensland mine, ruling that former environment minister Greg Hunt was entitled to find any assessment of resulting carbon pollution on the Great Barrier Reef was “speculative”. The court on Monday dismissed a challenge by the Australian Conservation Foundation (ACF), which claimed Hunt failed to consider the impacts of the mine’s 4.6bn tonnes of emissions on the world heritage values of the reef. The ruling prompted the ACF to call for tougher national environment laws to tackle carbon pollution from coalmines, while flagging hopes that Hunt’s successor, Josh Frydenberg, would take a “fresh look” at the Carmichael mine. The Queensland resources council accused the ACF of running a “nonsense case” that was akin to holding the Saudi Arabian government responsible for emissions from Australian cars running on their oil. Read more here
29 August 2016, Reuters, Insurers call on G20 to phase out fossil fuel subsidies by 2020. Insurers with $1.2 trillion under management called on Tuesday for the Group of 20 to set a timetable to phase out subsidies for fossil fuels by 2020 when they meet at a summit in China this weekend. Aviva, Aegon NV and MS Amlin said fossil fuel subsidies were at odds with commitments by G20 nations to combat global warming agreed by almost 200 countries last year at a Paris summit. “Climate change in particular represents the mother of all risks,” Aviva CEO Mark Wilson said in a statement. The companies called on the G20 leaders, who meet in the Chinese city of Hangzhou on Sept. 4-5, to set “a clear timeline for the full and equitable phase-out by all G20 members of all fossil fuel subsidies by 2020”. A phase-out should start with the elimination of all subsidies for fossil fuel exploration and coal production, they said. Their statement was also signed by the Institute and Faculty of Actuaries and UK-based energy firm Open Energi. G20 leaders have repeatedly promised to phase out fossil fuels, the main man-made source of greenhouse gases blamed for climate change, since a meeting in 2009 in Pittsburgh. The British-based Overseas Development Institute think-tank estimated that average annual subsidies for fossil fuel production were $444 billion in 2013 and 2014, roughly four times the subsidies for renewable energy in 2013. Last week, investors managing more than $13 trillion of assets urged the G20 to ratify the Paris climate deal by the end of 2016 to help avert droughts, floods, mudslides and rising sea levels. No G20 nations have yet completed the ratification process, according to a U.N. tracker. China and the United States, the top two emitters, are widely expected to join up around the time of the G20 summit. Read more here
28 August 2016, climate News Network, US faces rising hurricane bill. Scientists forecast that hurricane damage could increase dramatically in the US as high-income countries are also threatened by extreme weather events. German scientists have just issued a financial weather forecast that in a world of unmitigated climate change, the financial losses for the US per hurricane could triple, and annual losses due to hurricanes could rise eightfold. And, they calculate that however vigorous the US economy, its growth cannot outpace the projected rising costs of hurricane damage in the decades ahead. More than half of all weather-related economic losses around the globe are caused by damage due to tropical cyclones, hurricanes or typhoons, and the lessons of new research in Environmental Research Letters journal is that high-income countries may be no better protected than the poorest in this respect. Read More here