News update
Burning all fossil fuels will melt entire Antarctic ice-sheet, study shows
The Guardian, UK
Burning all the world’s coal, oil and gas would melt the entire Antarctic ice-sheet and cause the oceans to rise by over 50m, a transformation unprecedented in human history. The conclusion of a new scientific study shows that, over the course of centuries, land currently inhabited by a billion people would be lost below water. “For the first time we have shown there is sufficient fossil fuel to melt all of Antarctica,” said Ricarda Winkelmann, at the Postdam Institute for Climate Impact Research in Germany, who led the research published in the journal Science Advances.
Sooty South Asian air and global warming
Nalaka Gunawardene, Scidev.net
Carbon dioxide is not the only greenhouse gas capable of causing global warming and is not the worst culprit. Black carbon, methane, hydrofluorocarbons and ground level ozone need to be controlled. In South Asia black carbon from cooking stoves and fuels like diesel, coal and wood are problematic.
Indian govt to allow private sector to manage 40% of forests
Hindustan Times
The government is set to throw open the management of up to 40% of Indian forests to the private sector to revive degraded forests but experts warn it may destroy complex ecosystems and deprive local communities of a livelihood. The environment ministry issued guidelines to the states last month, where it argued it didn’t have the resources to manage forests well and laid down the procedure to lease out degraded forests to private companies, who would “carry out afforestation and extract timber”.
Cleaning coal instead of wishing it away
Rahul Tongia, The Hindu
So called “clean coal” is under development worldwide. But carbon capture and sequestration is some years away from commercialisation, let alone competitive commercialisation. Thus, “cleaner coal” — in the form of more efficient coal plants — requires innovation to work well with Indian (high-ash) coal. Such efforts need support, ranging from technology, to policy support and financing.
Coal mining sector running out of time, says Citigroup
The Guardian, UK
US banking giant Citigroup says the global coal industry is set for further pain, predicting an acceleration of mine closures, liquidations and bankruptcies. The value of listed coal companies monitored by Citi has shrunk from $50bn (£32bn) in 2012 to $18bn in 2018, a trend it believes will continue. “On the demand side we think thermal coal is cyclically and structurally challenged and that current market conditions are likely to persist,” it says in a report.
Coal prices hit 12-year low as demand from China, India down
Kseboa.org
Coal futures have fallen to 12-year lows, hit by soaring production and a slowdown in global buying, including from India and China which until recently have been pillars of strong demand. Benchmark API2 2016 coal futures last settled at $52.85 a tonne, a level not seen since November 2003. The contract is now over 75 percent below its 2008 all-time peak and more than 60 percent below its most recent high following the 2011 Fukushima nuclear disaster in Japan
$250 billion opportunity to invest in renewables: Piyush Goyal
Live Mint
India has a $250 billion investment opportunity in the renewable energy space, said Piyush Goyal, minister of power, coal and renewable energy, at Mint’s fifth energy conclave in New Delhi on Friday. This includes the peripheral transmission and generation segments as well. India plans to have 100,000 megawatts (MW) of solar energy capacity by 2022. The government has also set a target of generating 60,000MW from wind power by then.
Is This The Breakthrough Fusion Researchers Have Been Waiting For?
Michael McDonald, Oilprice.com
Fusion power may have just had the long-awaited breakthrough its backers have been waiting years for. A small secretive company in California called Tri Alpha Energy has been working on fusion power for years. It has built a machine that forms a high temperature ball of superheated gas and holds it together for 5 milliseconds without decay. That tiny timeframe is enough to get backers of the technology excited as it represents a huge leap forward in comparison with other techniques tried in the past.
The choir that sings out of tune
Nimesh Ved, The Hindu
A friend asked me on Facebook if we consider the impact of travel, especially air travel, on our ecological footprint. Surprisingly, many justified it as a ‘positive’ action. How can anyone justify flying in and out repeatedly for conferences? Doesn’t going for a study tour, for example, leave its own ecological footprint? We cannot do without travel and its resulting ecological footprint, but can we at least be conscious of the issue, discuss it and look at our own actions critically?
Picturing the End of Fossil Fuels
Bill McKibben
In the energy world, though, I’m willing to bet that these images are poison to the fossil fuel industry. It’s not just because of their sheer inhuman oversized ugliness, but because they manage to look somehow so antique. Or rather, so modern in a postmodern world. Even without understanding the science of climate change—the horror that the carbon from that digger and that drill rig is driving—you have a visceral sense that they’re in the wrong moment, the wrong mood.