Showing posts with label #stranded assets. Show all posts
Showing posts with label #stranded assets. Show all posts

Saturday, 19 September 2020

More natural gas isn’t a “middle ground” — it’s a climate disaster (excerpt): Vox

To tackle climate change, natural gas has got to go.

 
Methane gas energy has to go. Leave gas in the ground.

"Methane leakage may make natural gas as bad as coal, but it’s not the reason gas has no future

The paper leads with a quick note on methane leakage in natural gas production. Methane is a fast-acting greenhouse gas with enormous short-term impacts on climate. It leaks at every stage of the natural gas production and transportation process.

While gas itself is less carbon-intensive than coal, if enough methane leaks during its production, its greenhouse gas advantages are wiped out.

Gas wells destroy farmland.
Does that much methane leak? Some studies have suggested that, yes, methane leakage is bad enough to make natural gas the greenhouse equivalent of coal. Other studies have suggested that gas still has an advantage (and proponents note that leakage could be reduced).

For our purposes here, it doesn’t matter. None of the five arguments against natural gas rely on any particular estimate of leakage. All of them would apply even if natural gas achieved zero leakage (which is impossible). The same is true regarding the local environmental impacts of natural gas production (air pollution, habitat loss, earthquakes) — they are dreadful, but even if they were eliminated, the following arguments would still apply.


1) Gas breaks the carbon budget

Honestly, this one is enough to rule out gas on its own. .......... "

Read the complete Vox article by

  Revealed: how the gas industry is waging war against climate action (excerpt) : The Guardian

 

Fact check on PM Morrison's gas plan.

 

 #methanegas,methane gas,greenhouse gas pollution,carbon dioxide,#economy,#stranded assets,#renewables,#jailclimatecriminals,

 

Tuesday, 8 September 2020

Canada's Climate Action Rating by the 'Climate Action Tracker' (Excerpt)



At the Climate Action Tracker site countries are evaluated according to the sufficiency of climate action.
Check out your country at the site.

(Excerpt- Pics by this blog)


"At 2 Dec 2019     Rating: Insufficient"

"Canada continues with the incremental implementation of its Pan-Canadian Framework on Clean Growth and Climate, its overarching strategy for reducing emissions, adopted in 2016; often in the face of provincial pushback. The Government is implementing its coal-fired power plant phase-out, but it clearly needs to take more climate action, as emissions are projected to still be above 1990 levels beyond 2030, far from its Paris Agreement target and nowhere near a 1.5˚C-compatible pathway.

Large enough to be seen from
 space, tailings ponds in
 Alberta’s oil sands region
National Geographic
The federal government had been facing strong headwinds against climate action at the provincial level, with four provinces (Saskatchewan, Manitoba, Ontario, and New Brunswick) challenging the constitutionality of its mandatory federal carbon pricing system. These provinces have no - or insufficient - climate plans and the carbon pricing system applies to them while these court challenges proceed. The first of the cases was recently decided in favour of the federal government and will now be appealed to the highest court in the country, the Supreme Court.

The headwinds reached gale force in April with the election of a conservative government in Alberta. The new government has already begun rolling back the province’s climate policy, while the federal government has stated that it will apply the federal carbon pricing ‘backstop’ to Alberta as well.

Sunday, 9 August 2020

Video - Impact of climate change on Australian industries: CNBC




Sadly, at the federal government level in Australia, there is a lack of political will and action when it comes to climate change, Martin Rice, acting CEO at the Climate Council told CNBC

Subscribe to CNBC Life: http://cnb.cx/2wAkfMv 

Subscribe to CNBC International: http://cnb.cx/2gft82z

Related:

Australia's Climate Council- Worth Checking Out the Website

 

video, Great Barrier Reef, jobs, tourism, #drought, #renewables, energy storage, electricity, carbon, Climate Council, #stranded assets