Friday, September 20, 2019
Recycling, Renewables and Sustainable Business 1
1 After stalling last year, renewable power capacity additions to hit double-digit
https://www.iea.org/newsroom/news/2019/september/after-stalling-last-year-renewable-power-capacity-additions-to-hit-double-digit-.html
After stalling last year, global capacity additions of renewable power are set to bounce back with double-digit growth in 2019, driven by solar PV’s strong performance, according to the International Energy Agency.
The IEA expects renewable capacity additions to grow by almost 12% this year, the fastest pace since 2015, to reach almost 200 GW, mostly thanks to solar PV and wind. Global solar PV additions are expected to increase by over 17%.
2 The climate crisis explained in 10 charts
https://www.theguardian.com/environment/2019/sep/20/the-climate-crisis-explained-in-10-charts
The level of CO2 has been rising since the industrial revolution and is now at its highest for about 4 million years. The rate of the rise is even more striking – the fastest for 66m years – with scientists saying we are in “uncharted territory”.
3 More than 100 sign EU recycling pledge
https://www.plasticsnews.com/news/more-100-sign-eu-recycling-pledge
More than 100 public and private partners covering the entire plastics value chain signed the declaration of the Circular Plastics Alliance in Brussels to promote voluntary actions to develop a “well-functioning [European Union] market in recycled plastics.”
4 If the world ran on sun, it wouldn’t fight over oil
https://www.theguardian.com/commentisfree/2019/sep/18/climate-crisis-oil-war-iraq-saudi-attack-green-energy
We are sadly accustomed by now to the idea that our reliance on oil and gas causes random but predictable outbreaks of flood, firestorm and drought. The weekend’s news from the Gulf is a grim reminder that depending on oil leads inevitably to war too.
5 Natural gas and wind forecast to be fastest growing sources of U.S. electricity generation – Today in Energy
https://www.eia.gov/todayinenergy/detail.php?id=41333
In its latest Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) forecasts that natural gas-fired electricity generation in the United States will increase by 6% in 2019 and by 2% in 2020. EIA also forecasts that generation from wind power will increase by 6% in 2019 and by 14% in 2020.
6 The oil industry vs. the electric car
https://www.politico.com/story/2019/09/16/oil-industry-electric-car-1729429
Groups backed by industry giants like Exxon Mobil and the Koch empire are waging a state-by-state, multimillion-dollar battle to squelch utilities’ plans to build charging stations across the country. Environmentalists call the fight a reprise of the “Who Killed the Electric Car?” battles that doomed an earlier generation of battery-driven vehicles in the 1990s.
7 Oil Majors Face Further Pain As Plastics Fall Out Of Fashion
https://www.forbes.com/sites/mikescott/2019/09/16/oil-majors-face-further-pain-as-plastics-fall-out-of-fashion/
Oil and gas producers are preparing for a decline in demand for gasoline and diesel as electric cars replace fossil fuelled vehicles, but they have been taking solace in the thought that the petrochemicals market would still need a lot of oil as a feedstock.
But now that source of demand may be under threat as well, thanks to the global backlash against plastics from both consumers and regulators.
8 Siemens Gamesa in talks to buy parts of troubled turbine firm Senvion
https://www.energyvoice.com/otherenergy/207771/siemens-gamesa-in-talks-to-buy-parts-of-troubled-turbine-firm-senvion/
Turbine giant Siemens Gamesa is understood to be considering the purchase of parts of troubled firm Senvion. It is thought that Siemens Gamesa Renewable Energy (SGRE) will buy Senvion’s European portfolio through and exclusivity agreement.
