Around The Web

EUAs fell towards €22 early on Wednesday to further extend their six-month low, but recovered after a strong auction and signs that a Brexit deal may still be in the works.

The Guardian reveals the 20 fossil fuel companies whose relentless exploitation of the world’s oil, gas and coal reserves can be directly linked to more than one-third of all greenhouse gas emissions in the modern era. The global environment editor, Jonathan Watts, explains how these firms have continued to expand their operations despite being aware of the industry’s devastating impact on the planet

Continue reading...

Fossil fuel companies have been aware of their impact on the planet since at least the 1950s

Continue reading...

Analysis uncovers impact of proposed coal and gas expansion on Paris agreement

A wave of planned fossil fuel developments by major companies across northern Australia would significantly increase the amount of coal and gas the country plans to sell into Asia and push the Paris climate agreement goals further beyond reach, a Guardian analysis reveals.

If the proposals go ahead, the science and policy institute Climate Analytics estimates that by 2030 Australia, with 0.3% of the global population, will be linked to about 13% of the greenhouse gases that can be emitted if the world is to meet the goals set in Paris.

Continue reading...

New data shows how fossil fuel companies have driven climate crisis despite industry knowing dangers

The Guardian today reveals the 20 fossil fuel companies whose relentless exploitation of the world’s oil, gas and coal reserves can be directly linked to more than one-third of all greenhouse gas emissions in the modern era.

New data from world-renowned researchers reveals how this cohort of state-owned and multinational firms are driving the climate emergency that threatens the future of humanity, and details how they have continued to expand their operations despite being aware of the industry’s devastating impact on the planet.

Continue reading...

Compare details about the fossil fuel firms behind a third of carbon emissions since 1965

Continue reading...

Just 20 companies are responsible for 35% of carbon emissions yet they continue to ignore calls for change

We’ve long known that the big fossil fuel companies are responsible for a huge share of the world’s carbon emissions. Now the Climate Accountability Institute is publishing new data quantifying how much each of these has contributed to the climate crisis. We find that, chiefly from the combustion of their products, the top 20 companies have collectively produced 480bn tonnes of carbon dioxide and methane since 1965 – 35% of all fossil fuel emissions worldwide in that time. The worst offenders in the top 10 include Saudi Aramco (number one), Chevron, ExxonMobil, BP and Royal Dutch Shell.

Seven-eighths of emissions attributed to the top 20 carbon producers is from use of their products – petrol, jet fuel, natural gas and coal – and one-eighth from extracting, refining and delivering finished fuels. These carbon fuels are produced and marketed to consumers with the knowledge that they will worsen the climate crisis. For the most part, these companies are ignoring calls to urgently shift investment from exploration and production of carbon fuels to the renewable and alternative technologies required to reduce global emissions in alignment with the science-based target to eliminate net carbon emissions by 2050.

Continue reading...

Fossil fuel companies respond to data revealing their responsibility for global emissions

• Revealed: the 20 firms responsible for a third of all carbon emissions

“We agree that action is needed now on climate change, so we fully support the Paris agreement and the need for society to transition to a lower-carbon future. We have already invested billions of dollars in a range of low-carbon technologies, from biofuels, hydrogen and wind power, to electric vehicle charging and smart energy storage solutions. Addressing a challenge as big as climate change requires a truly collaborative, society-wide approach. We’re committed to playing our part, by addressing our own emissions and helping customers to reduce theirs.”

Continue reading...

State-owned firms such as Saudi Aramco and Gazprom have 90% of known reserves

The businesses controlling the future of the global climate are names most people have never heard of. State-owned companies with rights over the exploitation of national fossil fuel reserves now account for a majority of oil and gas produced around the world, overtaking publicly listed companies such as ExxonMobil, BP and Shell.

But most of these 71 state-controlled companies – with a few exceptions, such as Norway’s Equinor – are remarkable for their secrecy, their lack of accountability to any but a small cadre of top government officials, and their absence from globally coordinated attempts to tackle the climate emergency.

Continue reading...

Indonesia has established a new agency to channel funding for a ramp up on climate action, including any trading of carbon credits with developed nations or potential domestic emissions trading programmes.

Three scientists have been awarded the 2019 Nobel Prize in Chemistry for the development of lithium-ion batteries.

This position provides leadership, support, and coordination to Prince Edward Island’s climate change adaptation efforts.

Opposition resources spokesman Joel Fitzgibbon has had his proposal to bring Labor's climate change target into line with the government's immediately torpedoed by the party's climate spokesman Mark Butler. Michelle Grattan, Professorial Fellow, University of Canberra Licensed as Creative Commons – attribution, no derivatives.

Australia's incoming ambassador to the United States joins RN Drive to remark on the consequences if Turkey invades northern Syria.

Labor's Agriculture spokesman Joel Fitzgibbon will tell the Sydney Institute that the Labor Party should scrap its election target of a 45 per cent reduction in carbon emissions and instead adopt the upper range of the Coalition's target, a 28 per cent reduction. But the idea has been rejected by several of his senior colleagues.

The bird, called Mr Cocky by rescuers, was treated at Sydney animal hospital and seems largely unaffected by ordeal

A cockatoo has survived after it was shot five times by at least two different rifles in Sydney’s west.

Dubbed Mr Cocky by its rescuers, the sulphur-crested cockatoo was found in a Sydney backyard last month.

Continue reading...

It's easy to spot outright rejection of the facts on climate change. But it's far harder to see our own biases and excuses that lead us to delay or deny the need for real action. Iain Walker, Professor of Psychology, University of Canberra Zoe Leviston, Postdoctoral research fellow, Edith Cowan University Licensed as Creative Commons – attribution, no derivatives.

Corbyn commits to 37 new windfarms in green industrial revolution election push

Jeremy Corbyn will unveil plans to create another 70,000 jobs in offshore windfarms part-owned by the public as his party gears up for an election manifesto focusing on a green industrial revolution.

The Labour leader will visit a windfarm on Wednesday as he launches his commitment to a further 37 offshore windfarms.

Continue reading...

Culls cause badgers to roam further, potentially worsening risk of disease in cattle

Badgers start to roam much further afield when culling starts nearby, research has found, potentially increasing the spread of bovine tuberculosis, the disease culling is meant to control.

The findings raise questions about the government’s culling strategy, begun in 2011 and intended to reduce the harm to dairy herds from a rising incidence of bovine TB in hotspots around the country. Last month the government announced a major extension.

Continue reading...

AEMO head reiterates calls for a solid and stable plan for energy market investment to avoid further supply shortages.

The post AEMO’s Zibelman calls for system plan, says ‘just in time’ investment won’t work appeared first on RenewEconomy.