31 August 2017, Renew Economy, Turnbull’s new energy target: Drop the “clean” and ignore climate. The Turnbull government’s draft outline of a clean energy target reportedly attempts to divorce the mechanism from emission reduction trajectories, in the latest sign of the Coalition’s commitment to coal and its attempts to put the brakes on a rapid transition to a renewables-based grid. According to a report in the Guardian on Thursday, a draft document circulated by energy minister Josh Frydenberg’s office to COAG energy ministers last Friday attempts to water down the already weak climate ambitions of the Finkel review, which recommended a CET be adopted. According to the Guardian, the draft removes a key recommendation for an agreed emissions trajectory for the electricity system, and even removes recommendations for subsidised solar and batteries for low-income houses. The Finkel report itself was considered to be a sop to the climate deniers, because it took into account only the target set in place by the Abbott government – a 26-28 per cent reduction by 2030 which is widely considered to be completely inadequate to meet the Paris goals of capping global warming “well below” 2°C. The Finkel Review envisaged that the share of renewable energy in Australia might rise to 42 per cent by 2030, but that coal would still be supplying power as late as 2070 – decades beyond where most climate scientists consider it safe to do so. But while the government has adopted 49 of the 50 Finkel recommendations, the introduction of a CET has caused a blockage, principally because it would provide no financial incentive to build new coal. The revelations from the Guardian came as Turnbull back-tracked on comments earlier in the week about the government’s desire for a new coal-fired generator. After saying on Monday he had no plans to build a new coal plant, Turnbull told media after a meeting with utility CEOs – who all think the idea of a new coal plant is ridiculous – that the Northern Australia Infrastructure Facility may still invest in a new facility. Read More here
Category Archives: The Mitigation Battle
9 August 2017, The Guardian, Glencore’s Wandoan coalmine wins approval from Queensland government. Glencore’s multibillion-dollar Wandoan coalmine proposal has been granted mining leases years after it was shelved amid falling commodity prices and a ramped-up global response to climate change. On Tuesday Queensland’s natural resources and mines minister, Dr Anthony Lynham, approved three 27-year leases covering 30,000 hectares for the first stage of its $7bn mine near Roma. Doubts about the future of the Wandoan mine had lingered since 2012, amid falling thermal coal prices and a poor market outlook. The approval has enraged environmental groups, who say the government is prioritising a flailing coal industry over communities and putting the state’s agricultural industry at further risk. “For many years local farmers have been fighting this coalmine,” an Australian Conservation Foundation spokesman, Jason Lyddieth, said on Wednesday. “We know that digging up coal and burning it is polluting our air and fuelling climate change. “The Queensland government needs to get serious about preparing for a carbon pollution-free world. It needs to get serious about our water, our land and our air.” Greenpeace said the approval showed the government was more interested in propping up the fossil fuel industry than protecting communities and the environment. “We can either have a healthy planet and thriving Great Barrier Reef or we can have new coalmines, not both,” said a climate and energy campaigner, Nikola Casule. “Our politicians must abandon their coal fetish and instead harness the renewable energy revolution to protect Australian communities and position Australia as an industry leader in this rapidly growing sector.” Read More here
4 August 2017, Inside Climate News, Keystone XL: Low Oil Prices, Tar Sands Pullout Could Kill Pipeline Plan. It will be close to three years, at least, before oil could possibly be moving through the controversial Keystone XL pipeline—if the pipeline is completed at all. Company officials now concede that after battling protests and regulatory hurdles for nearly a decade, market forces could scuttle the project. Canadian pipeline giant TransCanada first proposed the 1,700-mile project in 2008 to ship tar sands oil from Alberta to the Gulf Coast. The half-built project was halted by President Obama in 2015 only to be revived through an executive order signed by President Trump soon after he took office. The company has spent $3 billion on the project, mostly for pipe but also for land rights and other costs of lobbying for its proposal. During the prolonged dispute, the price of oil fell from more than $130 a barrel to roughly $45 a barrel today, undercutting the prospects for production growth in the Canadian tar sands, which were used to justify the Keystone XL project at its outset. Along with changing market conditions, the emergence of competing pipelines scattered TransCanada’s customer base. Now it’s uncertain whether the company can sign enough new commitments from Alberta’s beleaguered oil patch to move forward. Read More here
28 July 2017, Reuters, U.S. coal exports soar, in boost to Trump energy agenda, data shows. U.S. coal exports have jumped more than 60 percent this year due to soaring demand from Europe and Asia, according to a Reuters review of government data, allowing President Donald Trump’s administration to claim that efforts to revive the battered industry are working. The increased shipments came as the European Union and other U.S. allies heaped criticism on the Trump administration for its rejection of the Paris Climate Accord, a deal agreed by nearly 200 countries to cut carbon emissions from the burning of fossil fuels like coal. The previously unpublished figures provided to Reuters by the U.S. Energy Information Administration showed exports of the fuel from January through May totaled 36.79 million tons, up 60.3 percent from 22.94 million tons in the same period in 2016. While reflecting a bounce from 2016, the shipments remained well-below volumes recorded in equivalent periods the previous five years. They included a surge to several European countries during the 2017 period, including a 175 percent increase in shipments to the United Kingdom, and a doubling to France – which had suffered a series of nuclear power plant outages that required it and regional neighbors to rely more heavily on coal. “If Europe wants to lecture Trump on climate then EU member states need transition plans to phase out polluting coal,” said Laurence Watson, a data scientist working on coal at independent think tank Carbon Tracker Initiative in London. Read More here