NEWS
Toilet to Tap eventSee events for our CEO Veolia Water address Sydney 24th 12-2pm Advisory Group on Climate Change Financing.Joint press conference by the Secretary-General with Prime Minister Gordon Brown of the United Kingdom, and Prime Minister Meles Zenawi of Ethiopia, about the launch of a new high-level Advisory Group on Climate Change Financing. see http://www.un.org/webcast/# c2c Institute LaunchedAt the TED talks in Longbeach Cal. today Bill McDonagh announced the formation of a new organisation the c2c institute.
UNFCCC: -55 countries representing 78% of CO2e report
UNFCCC receives list of government climate pledges (Bonn, 01 February 2010) Following the conclusion of the climate change talks in Copenhagen, the United Nations Framework Convention on Climate Change (UNFCCC) has received submissions of national pledges to cut and limit greenhouse gases by 2020 from 55 countries. These countries together account for 78 per cent of global emissions from energy use. This represents an important invigoration of the UN climate change talks under the two tracks of Long-term Cooperative Action under the Convention and the Kyoto Protocol, said Yvo de Boer, Executive Secretary of the UNFCCC. The commitment to confront climate change at the highest level is beyond doubt. These pledges have been formally communicated to the UNFCCC. Greater ambition is required to meet the scale of the challenge. But I see these pledges as clear signals of willingness to move negotiations towards a successful conclusion, he said. Industrialised countries listed their mid-term targets to cut emissions: Developing countries communicated information on their nationally appropriate mitigation actions: The next round of formal negotiations is scheduled to be in Bonn, Germany, at the end of May 2010. Several countries have indicated their wish to see a quick return to the negotiations with more meetings than the scheduled sessions. We are seeking further guidance from governments, de Boer added. AU Treasury 2010 Intergenerational ReportThe 2010 Australian Treasury Intergenerational Report has been released with climate change and sustainability as key foci. The report may be downloaded here http://www.treasury.gov.au/igr/igr2010/default.asp
UK to push Ag technology for food securityThe UK Government Minister Hilary Benn MP has called for an agricultural revolution in the UK. Read his speech hereBOM-2009 2nd warmest on recordAustralian Climate Statement 2009 Press Release from BOM
2009 will be remembered for extreme bushfires, dust-storms, lingering rainfall deficiencies, areas of flooding and record-breaking heatwaves
8 EU countries + Norway to build supergrid
Reports from the UK suggest Germany, France, Belgium, the Netherlands, Luxembourg, Denmark, Sweden, Ireland and the UK governments are to build a €30 billion super-grid to link renewable resources. This announcement comes ahead of the UK Government's €100 bn announcement of offshore wind energy development. See http://tinyurl.com/yg8bvqt LA Times reports on Sustainability Officers
The LA Times is reporting that many sustainability officers are moving into senior executive positions once dominated by innovation and diversity specialists.
NZ Govt to consult with industry on ETS allocations
Govt to consult with industry on ETS allocations
NZ Charitable Giving reforms
CISCO CSR report released
Report overview -- Today Cisco released its fifth annual Cisco(R) Corporate Social Responsibility (CSR) Report. -- The 2009 Corporate Social Responsibility Report shows how Cisco's CSR activities align with its business strategy and support its long-term sustainability. -- The report covers Cisco's corporate governance, environmental governance and practices, employee engagements, social investments, and charitable giving programs. This year it also includes a new section on Cisco's customer value chain. -- Cisco's CSR commitments are focused primarily on strategic programs and partnerships that support Cisco's corporate values, promote positive social change to underserved communities, and take advantage of the core competencies of its employees and business. -- This year's report places particular emphasis on enhancing its readability and user experience in innovative ways. The report: -- Provides an interactive overview of its global CSR activities to give a regional context for its CSR performance. -- Incorporates videos that provide first-person perspectives on the local benefits to communities. -- Explores ways in which social media (Web 2.0) might help improve the dialogue between Cisco and its stakeholders. Highlights / Key Facts: -- Networked Web 2.0 and collaborative technologies are transforming the work environment, business operations, and delivery of corporate social responsibilities at Cisco. Technological advancements offer tremendous opportunities to make a positive change in how companies approach business, economic and societal challenges. -- Cisco recognizes that the application of technology alone will not result in a drop in emissions, and that technology has to be coupled with changes in culture, management practices and business processes in order to achieve its full potential. Cisco aims to reduce its business air travel greenhouse-gas emissions worldwide by 10 percent absolute (against a FY2006 baseline) and to reduce all Scope 1, 2, and business air travel Scope 3 GHG emissions worldwide by 25 percent absolute by CY2012 (CY2007 baseline). -- Cisco Smart Grid solutions are one example of how energy can be managed with a high degree of security on electrical grids, from generation to consumption, to make homes and buildings more productive and economical. -- Cisco demonstrates commitment to giving by contributing $128.6 million corporate-wide as well as partnering with governments, non-governmental organizations, and other companies to maximize monetary investments 10-fold. -- Cisco closely works with partners to instill quality and reliability in the value chain. By reducing carbon emissions, waste production, and natural resource demand in FY09, Cisco's Global Value Chain Management group realized more than $12 million in annual cost savings by applying sustainable practices and manufacturing efficiencies. -- Education is a catalyst that produces the entrepreneurs, technologists, thinkers, knowledge workers, teachers, and leaders who collectively make it possible for economies and individuals to prosper. The Cisco Networking Academy(R) is the company's largest corporate social responsibility (CSR) education program, offering 14 courses to more than 800,000 students in FY09. To date, Cisco has invested more than $350 million in the program. -- Cisco uses several tools to gather employee feedback including the annual Pulse Survey, a confidential poll administered online to employees globally. In 2009, 90 percent of employees agreed that Cisco is a great place to work, up from 86 percent in 2008. -- In November 2008, Cisco launched the Cisco LifeConnections Center, an integrated childcare, medical center, and fitness facility at its headquarters in San Jose, California. DRAFT CPRS AND RET REGULATIONS RELEASED
DRAFT CPRS AND RET REGULATIONS RELEASED The Rudd Government today released updated draft regulations for the Carbon Pollution Reduction Scheme (CPRS). The updated regulations include the second group of activities to be eligible for assistance under the emissions intensive, trade exposed (EITE) assistance program. The Government has also today released draft regulations to deliver partial exemptions from Renewable Energy Target (RET) liability to all activities that would qualify for the EITE assistance under the CPRS. The Government is seeking feedback from stakeholders on the draft CPRS and RET regulations by Monday 11 January 2010. Carbon Pollution Reduction Scheme regulations The updated draft EITE regulations include the following new activities that have been assessed as eligible for EITE assistance: aluminium smelting, alumina refining, cartonboard manufacturing, dry pulp manufacturing, high purity ethanol production, integrated lead and zinc production, magnesia production, packaging and industrial paper manufacturing, tissue paper manufacturing and printing and writing paper manufacturing. The draft EITE regulations released today also take into account comments made by stakeholders in submissions on the first draft of these regulations in June 2009. The three key changes that have been made in the revised draft regulations are: the inclusion of a universal ‘true-up’ mechanism to more closely align permit allocations with production levels in each year; amendments to provisions relating to large electricity user certificates; and the inclusion of a provision to ensure that permits are not provided in excess of an entity’s direct and indirect emissions costs under the CPRS. The draft regulations and commentary as well as the accompanying explanatory paper are available on the Department of Climate Change website at www.climatechange.gov.au The Government remains committed to providing certainty to entities regarding the free permit allocations they would receive under the CPRS as early as possible. The Government encourages firms conducting potential EITE activities to submit audited data to the Government as soon as possible so that the eligibility of their activity can be assessed. The Government will endeavour to make and announce decisions on the eligibility of the remaining EITE activities within 8 weeks of the receipt of audited data from all Australian entities conducting a given activity. Renewable Energy Target regulations The draft Renewable Energy Target (RET) regulations reflect the Government’s policy to provide assistance to eligible EITE activities for the additional cost impacts of the expansion of the RET. The approach to determining partial exemptions under the RET is consistent with that applying under CPRS EITE assistance program where practicable, using information provided through that program’s reporting processes. The draft regulations and accompanying commentary, along with details of the consultation process, are also available on the Department of Climate Change website at www.climatechange.gov.au Cement Industry Roadmap -18% cut by 2050
First Industry-specific Roadmap Examines Emissions Reductions in Cement Industry
A roadmap published by the World Business Council for Sustainable Development (WBCSD) and the International Energy Agency (IEA) calls for strong national policies to activate known CO2 mitigation actions that the sector can take now. US EPA -GHG Threatens Health & Environment
EPA: Greenhouse Gases Threaten Public Health and the Environment
Science overwhelmingly shows greenhouse gas concentrations at unprecedented levels due to human activity WASHINGTON – After a thorough examination of the scientific evidence and careful consideration of public comments, the U.S. Environmental Protection Agency (EPA) announced today that greenhouse gases (GHGs) threaten the public health and welfare of the American people. EPA also finds that GHG emissions from on-road vehicles contribute to that threat. PM launches White Ribbon Day
I acknowledge the First Australians on whose land we meet, and whose cultures we celebrate as among the oldest continuing cultures in human history. I also acknowledge the excellent work of everyone involved with White Ribbon Day, particularly the White Ribbon Ambassadors here today, in raising the profile of the battle to end violence against women and children.PM Rudd CPRS News
PRIME MINISTER the HON KEVIN RUDD MP
|
Swinburne has announced the establishment of Australia’s first Chair of Social Investment and Philanthropy.
The Truby and Florence Williams Chair of Social Investment and Philanthropy is a joint collaboration between Swinburne’s Asia Pacific Centre for Social Investment and Philanthropy and the ANZ Trustees. It was established through a generous grant provided by the Truby and Florence Williams Charitable Trust, managed by ANZ Trustees.
AusAid Climate Change Adaptation
Climate Change Adaptation
In recognition of the adaptation challenge faced by developing countries, and particularly those in our region, Australia is investing $150 million over three years from 2008-09 to meet high priority climate adaptation needs in vulnerable countries. The primary geographic emphasis of the program is on Australia’s neighbouring island countries, but targeted policy and technical assistance is also being made available for other countries in the Asia-Pacific.
Media Release ANZAC approach to climate
MEDIA RELEASE
August 6, 2009
Trans-Tasman business group says ANZAC approach required to tackle climate change
The upcoming Australia-New Zealand Business Climate Change Conference is an opportunity for the two countries to develop a common voice on climate change issues, say Trans-Tasman Business Circle chief executive John Weiss and General Manager of the Australia and New Zealand Sustainability Circle (A&NZSustain) Gareth Johnston.
NZ Eco-Tourism Conference 2009
Eco-Tourism Conference 2009
Speech by Hon Jonathon Coleman NZ Associate Tourism Minister
NZ Govt releases new reports
New reports help inform climate change policy
New reports released on the economic and forestry aspects of climate change policy will help inform Government decisions on New Zealand’s 2020 emissions target and policy on emissions trading, Climate Change Minister Nick Smith says.
“We’ve got significant decisions to make on New Zealand’s 2020 target and on emissions trading that will have major environmental and economic consequences for many years to come.
AUSTRALIA MEETS ANOTHER KYOTO MILESTONE
UK Low Carbon Transition Plan - localisation analysis
UK analysis from a oil vulnerability and community perspective provides an interesting viewpoint.
GB's Energy Transmission Changes
Disadvantage in Sydney -new research
On Monday night 100 leaders from the Sydney community gathered for the launch of the Common Cause report. The launch event featured leading thinkers such as Hugh Mackay, Peter Shergold (Macquarie Group Foundation Professor, the Centre for Social Impact) and Stepan Kerkyasharian (CEO of the NSW Community Relations Commission).
5th A&NZ Climate Change and Business Conference.
A&NZSustain is proud to be affiliated with the 5th Australia and New Zealand Climate Change and Business Conference. This year's event shapes up as one of the most critical ahead of Copenhagen and with changes to both Australian and NZ carbon legislation.
The 2009 Conference will run for three days and for the first time will feature an international trade exhibition. Australian & New Zealand Climate Change Ministers, The Hon Penny Wong and The Hon Dr Nick Smith will lead an expert panel of over 80 international and local conference speakers. The conference program encourages industry networking with generous break times allowing delegates to visit the exhibition, and through conference opening drinks on Monday August 24th, predinner drinks and the official conference dinner on Tuesday August 25th.
The 2009 conference follows on successful events in Auckland (2004 & 2008), Adelaide (2006) and Brisbane (2007). The conference is a not-for-profit venture co-organised by the Climate Change & Business Centre and is supported by business groups, NGOs and Government agencies in five countries.
Club Red- TTBC Top State Blood Donors
ANZSustain's sister organisation TransTasman Business Circle tops NSW blood donors on a percentage basis.
This special year, Year of the Blood Donor 2009, supported by the Federal Government, aims to raise awareness of the ongoing need for blood and to encourage more Australians to find out their blood type and how they can help. Staff from ANZSustain's sister organisation, TransTasman Business Circle, lead Club Red, the organisations donor list, on a percentage basis.
ExxonMobil commits to algae biofuel
Synthetic Genomics Inc and ExxonMobil Research and Engineering Company Sign Exclusive, Multi-Year Agreement to Develop Next Generation Biofuels Using Photosynthetic Algae
LA JOLLA, CALIFORNIA--July 14, 2009-- Synthetic Genomics Inc. (SGI), a privately held company applying genomic-driven commercial solutions to address a variety of global challenges including energy and the environment, announced today a multi-year research and development agreement with ExxonMobil Research and Engineering Company (EMRE) to develop next generation biofuels using photosynthetic algae.
UK Low Carbon Transition Plan White paper
The UK Low Carbon Transition Plan White paper is due to be released today with press reporting a huge renewables expansion, smart metering and transport infrastructure featuring heavily. Combined measures set out a path to a 34% reduction in greenhouse gas emissions from 1990 levels by 2020.
The Low Carbon Transition Plan will be supported by 3 additional strategic plans
- a Renewable Energy Strategy supporting the 15% target
- A Low Carbon Industrial Strategy, focussing on industry
- Low Carbon Transport: a Greener Future, setting out how the transport sector's can reduce greenhouse gas emissions
Policy Statement on Windfarms
Federal Environment Minister Peter Garrett today released an invaluable tool to help the wind farm industry meet national environment law.
Mr Garrett said the Wind Farm Industry Policy Statement will help wind farm operators decide whether to refer wind farm proposals for assessment and approval under national environment law.
"Wind energy has the potential to deliver a significant proportion of Australia's future electricity needs, and will play an important role in achieving our target of producing 20 per cent of our electricity needs from renewable sources by 2020," Mr Garrett said.
Burger King Drive Through Gets Green Kinetic Trial
Newest MotionPower™ energy harvester prototype completed; Prototype to undergo important field tests at drive-thru at prominent Burger King® franchise in the New York metropolitan area.
New Energy Technologies, Inc. (Symbol: NENE), a next-generation alternative and renewable energy developer, today announced that engineers have completed development of the Company’s newest MotionPower™ prototype for generating electricity from the movement of cars and light trucks, and will now undertake active field tests of the device at a drive-thru located at a prominent Burger King® franchise in the New York metropolitan area.
Climate Change 2009 – Faster Change & More Serious Risks
- The climate system appears to be changing faster than earlier thought likely.
- The need for effective reduction in greenhouse gas emissions is urgent, to avoid the risk of crossing dangerous thresholds in the climate system.
- Once thresholds in ice sheet and carbon cycle dynamics are crossed, such processes cannot be stopped or reversed by human intervention.
Facing the Future call by HRH The Prince of Wales
The Richard Dimbleby Lecture, titled “Facing the Future” as delivered by HRH The Prince of Wales, St James’s Palace State Apartments, London
G 8 Climate position 50% by 2050
“Europe and the United States are in favour of cutting carbon dioxide emissions and will adopt a united stance vis-à-vis the emerging economies with a view to arriving at a pledge into which everyone must enter,” Mr. Berlusconi said. The date of the agreement’s entry into force was still under discussion, the prime minister reported.
The leaders had also discussed the economic crisis with a view to “sending out a message of confidence,” Mr. Berlusconi explained, voicing the conviction that “the worst of the crisis is behind us now.” “There are signs of improvement everywhere,” he added, so it was “important to keep up support for the banking system, manufacturing firms and the people who have lost their jobs." The G8 had made strides ahead towards the drafting of a joint system of rules for the global economy, a process that would be continued by the Pittsburgh G20.
LSE and Oxford "abandon climate policy" controversy
A report by leading academics led by Oxford and LSE, calling for government to abandon exisiting attempts at emission reduction has created discussion and divisions amoung environment groups, business groups and academics.
Swinburne Carbon Finance Market Course

Carbon Finance and the Global Carbon Market
This course covers the fundamental concepts of the global carbon market such as the Kyoto Protocol, financial instruments (CERs, VERs, ERUs, AAUs etc) and analytics of the global carbon market including project based processes such as the Clean Development Mechanism. Gain an understanding of the size, dynamics and financial instruments operating in the global carbon market, how your organisation can participate in the market now, and how to prepare for a carbon-constrained economy.
US K-Mart launches “Smart Assist Savings” card for unemployed
“Smart Assist Savings” card launched discounting own label goods for unemployed
In an effort to help unemployed Michigan residents continue to take care of themselves and their families, Kmart has introduced the Kmart Smart Assist Savings Card. The program, which gives eligible customers a 20 percent discount off more than 1,200 regularly priced high-quality private label grocery and drugstore staples for up to six months, is a welcomed relief that has been lauded by Michigan's elected officials at both the state and federal level. Rep. John D. Dingell (D), who represents Michigan's 15th Congressional District and is the Chairman Emeritus of the Committee on Energy and Commerce in the U.S. House of Representatives, noted, "This is good corporate citizenship and I want to applaud Kmart and its parent company, Sears Holdings, for doing its part to help people who are struggling. We have a lot of people in transition right now, and these displaced workers will - like our State itself - get back on their feet and remember those who helped during this time of hardship. Kmart has a long, proud history in our State and I think people will recognize the company for this good deed."
The Marine Animals Protection Law Reform Bill drawn in NZ
New Zealand’s iconic dolphins, sea lions and albatrosses have renewed hope for their protection with the drawing of a Green Party Bill from the Members’ ballot today.
“I am delighted that this Bill has been drawn at such a crucial time for protecting our marine animals, and protecting our economic credibility as an exporter of sustainable fish products,” said Green Party Co-Leader Metiria Turei.
Consultation for NZ 2020 Emissions target

Public consultation for 2020 target announced
The NZ Government today announced it would be holding public meetings, meetings with business groups, and hui on New Zealand's 2020 greenhouse gas emissions target next month.
"The issue of New Zealand's 2020 target is a single decision with major implications for the environment and economy." Minister for Climate Change Issues Nick Smith said. "It is the Government's intention to table at the Bonn climate change negotiations in August our country's policy on a 2020 target to help achieve global agreement at the Copenhagen Conference in December.
"New Zealand has committed to a global goal of stabilising emissions at not more than 450 parts per million of carbon dioxide equivalent. A long-term goal has been set of 50 by 50 - reducing New Zealand's net emissions to 50% of 1990 levels by 2050.
"Setting an interim target for 2020 requires careful consideration, especially in the face of global recession. It needs to be realistic so we don't inadvertently put our economy at risk. It needs to be achievable or we risk our good international reputation by failing to deliver. It must also be sufficient to protect the environment for future generations.
Associate Minister for Climate Change Issues (International Negotiations) Tim Groser says New Zealand's goal is to help reach a pragmatic international agreement that is both environmentally effective and economically efficient.
"We need to consider scientific, economic, environmental and foreign affairs advice in setting our 2020 target. The views of the public and business are also important to the Government. We also need to consider other countries' commitments."
AGL continues wind investment

NZ Bill delays ETS forestry timing
NZ Minister Groser seeks progress
NZ House – Sustainable Biofuel Bill
Joint NZ Australian Regulatory Reform
NZ Govt supports electric vehicles
Reuters REDD -Forest shows cracks
No Australian or NZ winners in FT Sustainable Banking Awards
No Australian or NZ banks featured in 2009 FT SUSTAINABLE BANKING AWARDS
2009 Award winners were as follows
Sustainable Bank of the Year
Winner: Triodos Bank, Netherlands
Runner-up: Standard Chartered, UK
Emerging Markets Sustainable Bank of the Year
Winner: Itau Unibanco, Brazil
Regional winner Africa/Middle East: Equity Bank, Kenya
Regional winner Asia: Industrial Bank, China
Regional winner Eastern Europe: Industrial Development Bank of Turkey (TSKB)
Regional winner Latin America: Itau Unibanco
Achievement in Basic Needs Financing
Winner: MicroEnsure, UK
Runner-up: Water Capital, Mexico
Achievement in Banking at the Bottom of the Pyramid
Winner: Root Capital, US
Runner-up: WIZZIT, South Africa
Soccer club publishes Sustainability Report

Corinthians publishes Sustainability Report
After inheriting a $100 million debt upon takeover, the current administration of Brazilian football club The Corinthians decided to publish a sustainability report for a simple reason: it needed an accountable, transparent way to present their management and economic performance.
GRI News

Trends in online reporting: new research by GRI and Radley Yeldar
London/Amsterdam
New research launched this week suggests that digital technology is changing the way companies report on sustainability. The research also reveals that sustainability performance data is generally found within two clicks from companies’ home pages, highlighting the importance that is now placed on sharing this information with external stakeholders.
But while the priority given to sustainability reporting is increasing, the research also points out some pitfalls of using digital technology – including making information harder to find. Over 20% of the companies in our sample require stakeholders to look at three or more locations to get the full GRI information. One company in the sample spread this information over five locations.
The research, a joint partnership between the GRI – provider of the world’s most widely-used sustainability reporting framework - and UK-based communications consultancy Radley Yeldar, looked at 40 organizations from around the world who report using the GRI G3 Guidelines. The findings identify a number of factors that can determine the effectiveness of online reporting, including the format, and how new digital technologies are used to enhance the user-experience.
A&NZSustain choose green hosting

A&NZSustain selects Digital Pacific Green Hosting
Digital Pacific has committed to conducting Quarterly reviews of its carbon footprint, estimating the emissions generated for every aspect of its business including the daily operation and maintenance of hosting servers, routers and air conditioners. Following each review the company will purchase carbon credits to cover one hundred per cent of its estimated emissions. This ensures that whatever power Digital Pacific uses, an equivalent amount is fed back into the electricity grid from wind or solar power, rather than non-sustainable means.
TRENDS OF THE CARBON MARKET 2009
Barcelona, SPAIN, May 27, 2009—Despite the turmoil in the financial world, 2008 saw a doubling of
the global carbon market, to an estimated value of more than US$ 126 billion, according to the latest
State and Trends of the Carbon Market Report 2009, released today by the World Bank at Carbon
Expo in Barcelona.
Human Impact Report Climate Change
Kofi A. Annan, President of the Global Humanitarian Forum, today introduced a major new report into the human impact of climate change. The ‘Human Impact Report: Climate Change – The Anatomy of a Silent Crisis’ is the first ever comprehensive report looking at the human impact of climate change.
The report was issued immediately prior to official preparatory talks in Bonn for a new UN international climate agreement to succeed the Kyoto Protocol, which expires in 2012. These talks will culminate at the United Nations Climate Change Conference in Copenhagen in December 2009. The report was reviewed by leading international experts, including Rajendra Pachauri of the IPCC, Jeffrey Sachs of Columbia University, and Barbara Stocking of Oxfam.
HRH The Prince of Wales - Climate Symposium

Nobel Laureates Symposium on Climate Change, St James's Palace, London
A speech by HRH The Prince of Wales to open the Nobel Laureates Symposium on Climate Change, St James's Palace, London
27th May 2009
I really could not be more pleased or grateful that so many Nobel Laureates have been able to join world experts on climate change and influential policy-makers in this Symposium. Nobel Laureates, of course, are chosen for having ‘conferred the greatest benefit on mankind’. There could surely be no greater benefit to mankind at this moment in history than to lead the way towards a framework for addressing the inter-related economic, environmental, social, ethical and climate challenges that face our societies.
The fifteenth Conference of the Parties of the United Nations Framework Convention on Climate Change (thankfully abbreviated to COP 15) in Copenhagen in December will be an historic occasion. World leaders will have the opportunity to take decisions that could lead us all to a safer and more sustainable future. They will have to identify both what needs to be done, and how it can be achieved, even against a background of considerable economic difficulty. I believe that a memorandum drawing together the wisdom and authority of this extraordinary group here could, and should, have a real influence on key decisions taken before, during and after Copenhagen. After all it seems to me that in many ways we already have some of the answers to hand; we know about energy efficiency, renewable energy and how to reduce deforestation, to name but a few, but we seem strangely reluctant to apply them. I fear that this hesitation will have catastrophic consequences.
As you set about this task, I would like, if I may, to suggest three particular dimensions that you might like to consider and which to me, at least, provide the framework to COP 15.
The first is urgency. I don’t know about your own experience, but it seems to me that whilst there is now only a mercifully small (if vociferous!) number of people who do not accept the science of climate change and who should know better, there are still a great many who fail to recognize the real urgency of the situation. Even in the last few weeks there has been further evidence from scientists at the Potsdam Institute for Climate Impact Research and the University of Oxford that it will take much longer for the climate to recover from excessive warming than previously thought. In so many ways we are already in the ‘Last Chance Saloon’.
China Renewables Push
Au$560 billion Chinese Renewables Investment, Pressure on cleantech equipment supply chain, jobs
China's Nation Energy Administration recently announced a Au$560 billion state investment commitment to renewable energy at the 5th China Energy Strategy Summit in Beijing. The move to create significant solar regions along with second priority given to wind power is likely to create opportunities for both domestic and international suppliers of services and components. This massive increase in demand may also have price and supply repercussions for overseas markets.
Strategically, this boost may benefit China at the cost of Australia's renewables sector. Given the PV panels previous export focus where some 95% of Chinese PV manufacture went overseas, the domestic surge will limit international availability ahead of capacity ramping and expansion. A lack of robust Australian domestic renewables policy and subsequent under investment due to policy risk and uncertainty will continue to limit Australian companies capacity to profit from the anticipated 40% of new energy growth in the region.
The Road to Copenhagen
Green Jobs and the Clean Energy Economy
Less than six months from the COP15 in Denmark, a new report released today by the Copenhagen Climate Council at the World Business Summit on Climate Change reveals that a firm commitment to low-carbon energy sources would create millions of sustainable new jobs in the United States alone.
Authored by Dan Kammen and Ditlev Engel, the report, Green Jobs and the Clean Energy Economy, demonstrates that appropriate policy frameworks and large-scale strategic investment in clean energy technologies will both spur greater employment than fossil fuel investment and pay dividends for the planet.
Based on a job-creation model developed at the Renewable and Appropriate Energy Laboratory at the University of California, Berkeley, and featuring a case study of Danish wind power giant Vestas Wind Systems, the latest installment of the Council's Thought Leadership Series provides analytical support for solutions that promote clean sources of energy and job creation simultaneously.
The report reveals a combination of policy scenarios that demonstrate that renewable energy investment and energy efficiency measures can generate 2 to 8 times more jobs per unit of energy delivered than the fossil fuel-based sector. Green Jobs further indicates that in the United States alone a national Renewable Portfolio Standard of 25% in 2025 coupled with a 0.5% annual electricity growth rate would generate more than 2 million jobs, and further increasing low-carbon sources by around 50% would generate more than 3 million jobs. This would result in a massive 90% of U.S. electricity supply coming from renewable or low-carbon sources.
"This report dramatically illustrates the growth and real employment power of green energy jobs not just in the future, but today. Who would not want to replace foreign debt for energy for investing in a trained and innovative workforce?," says Professor and Co-Director of the Berkeley Institute of the Environment Daniel M. Kammen.
The report highlights the pivotal role that the public sector must play if we are to de-carbonize our electricity supply and embark on a sustainable path. An example of this is the E.U.'s consistent record of progressive regulation that has spurred decades of innovation.
One such example of entrepreneurial sustainability is Vestas' visionary investment in green tech. Ditlev Engel, CEO of Vestas, explains: "This report shows once again that the wind energy industry provides jobs on a massive scale and engenders economic development. The recipe for growth and sustainability is very simple: long-term commitments for greenhouse gas emission reductions plus investment in power generation infrastructure.
"This will drive the market on a sustainable business platform; at Vestas we call that simply – Modern Energy," he adds. In 2005, Vestas employed 10,000 people worldwide. Today, this number has risen to nearly 20,000 employees in 62 countries."
Company News
Leading A&NZ Company Chairman Graeme Kraehe calls for Emissions scheme harmonisation
Graeme Kraehe, Chairman of leading A&NZ companies BlueScope Steel and Brambles, called for closer harmonisation efforts on Trans Tasman emissions schemes at a Trans Tasman Business Circle lunch.
Reflecting concerns of many Australian and New Zealand company directors, Mr Kraehe highlighted differences in the schemes at a time when business and government are working on becoming closer.
The transcript may be read on our sister organisation's website, Trans Tasman Business Circle here. http://www.transtasmanbusiness.com.au/Graham-Kraehe-Speech.pdf
Policy News
The United Nations Framework Convention on Climate Change UNFCCC has published two negotiation texts, some 200 days ahead of the United Nations Climate Change Conference in Copenhagen, 7-18 December 2009.
Focusing on amendments to the Kyoto Protocol, the documents are available here http://unfccc.int/resource/docs/2009/awg8/eng/07.pdf
The first key document focuses on amendments to the Kyoto Protocol relating to emission reduction commitments of industrialized countries for the second phase of the Protocol (post-2012). A second document covers other related issues, including emissions trading and the project-based mechanisms, and land use, land-use change and forestry.
Australian News
Carbon Capture and Storage, Solar Flagships , Renewables Australia, new desal, to gain from Australian Budget
The Rudd Government's second budget signals further commitments to clean coal research, large grid connected solar infrastructure and a new agency Renewables Australia. Some $3.5 billion of new funding on top of $1 billion pre-commitment, will stimulate some activity in the lower emission technology community.
The lions share of the lower emission energy initiative, $2.4 billion goes to CCS and low emissions goal. Whilst it is not yet clear how the $2 billion will be allocated to CCS over 9 years, the figure appears to fall short of industry expectations. With the US signalling it may revive one of the stalled projects there and China accelerating the Tianjin project, risks remain that Australia's leadership opportunity may be lost. Delay to the CPRS implementation and a lower carbon price may deter private capital from investing in Australia.
The government have allocated $1.37 billion for a program, Solar Flagships, to assist large scale solar technologies with the aim of 1000 megawatts of solar capacity. Up to four new grid connected solar plants may be built echoing the Opposition's calls for such investment.
A new body Renewables Australia will be created with $465 million seed funding. According to the Energy Minister Martin Ferguson, "the new body will facilitate investment across the whole innovation chain, including investment in essential renewable-related systems such as renewable energy transmission infrastructure. Renewables Australia will support collaborative, high-priority technology research with the ultimate aim of progressing new technologies and lowering the cost of existing technologies in the market place."
An extra $228 million funding for Adelaide's desal plant will double the proposals capacity to 100 gigalitres.
|
|
