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Giant tanker collision spills one million barrels of oil

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A tanker carrying around one million barrels of bitumen mix has collided with another vessel in the Chinese port city of QingDao.

Poor visibility was a key factor in the collision, which created an oil spill into the Yellow Sea.

The local maritime safety administration instructed other ships to stay at least ten nautical miles away from the impacted area…

Authorities were unable to share any details about how much oil had leaked.

Climate

Barnaby back: Why it’s a disaster for climate policy | ticker VIEWS

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Australia has a new Deputy Prime Minister, with Barnaby Joyce now controlling the National Party. Joyce previously sat at the forefront of controversy and has been known for his lack of recognition of climate change. So what does this move represent for Australia’s climate policies and targets?

A bad move for Australia’s climate change policies

Australia is increasingly divided and isolated on its climate policies and targets. The rest of the world is moving towards reducing its carbon footprint, well before 2050. With the UK recently moving towards 60% carbon reduction by 2035.  After the G7 summit, Australia’s Prime Minister Scott Morrison was inching closer towards 2050 targets. The Nationals party didn’t like this, and now Barnaby Joyce is reappearing in the Deputy Prime Ministers seat.

As we near the global climate conference in November, Australia is expected to step up its ambitions in a constructive way. Australian Greens Senator Sarah Hanson-Young says Joyce is not the right person for the role.

“Australia is going to be expected to play a constructive and important role there. But those, like Barnaby Joyce who don’t even believe in the science on climate change. He doesn’t think its a problem. He doesn’t think Australia needs to transition from fossil fuels. It puts Australia at stark odds to our closest allies…. It leaves us out in the cold… this is embarrassing.” 

“It makes Australia a laughing stock on the world stage”

“It’s bad for the climate, its bad for gender equality, its bad for Australian women.” 

Greens Senator Sarah Hanson-Young

 

On this week’s episode of tickerCLIMATE, Scott Hamilton and Holly Stearnes spoke with the director of IEEFA, Tim Buckley. IEEFA is the institute for energy economics and financial analysis, who are accelerating the transition to a diverse, sustainable and profitable energy economy.

Buckley says the decision to put Barnaby in this leadership position, is going to cause chaos for Australia.

“The fact that any Australian political leader can talk about climate science denial and can talk about fossil fuel subsidies, is ludicrous in this day and age.”

Tim Buckley, IEEFA

 

Joyce’s return to this leadership position has sparked major concerns. Energy expert and co-host of Ticker Climate, Scott Hamilton, is baffled by the decision and says it will be a challenge for the Australian Prime Minister.

“Prime Minister Scott Morrison can’t even get bipartisanship within the coalition on climate policy.” 

Scott Hamilton

The end of coal

The International Energy Agency roadmap to net zero emissions says the world can afford to have no new unabated coal, oil or gas developments in the world from now on. All major training and military partners are now taking action by subscribing to the Paris agreement. When considering what this means for world coal exports and what the future of coal in Australia looks like, Buckley says there will be no use for coal at all.

“All of our major trading partners have committed to net zero emissions. The writing is on the wall for this industry. We need to talk about solutions. ” 

Tim Buckley, IEEFA

One of Australia’s largest hoped for coal export markets is Vietnam, but even they don’t need Australia’s coal. Vietnam recently installed 9 gigawatts of rooftop solar in one year, that’s three times for than Australia did in ten years. Australia is heavily relying on Vietnam to import its coal, but why would they do that when they can do their own domestic zero emissions solutions at are at a lower cost?

“There is no future for thermal coal at a 20 year view”

Tim Buckley, IEEFA

[International Energy Agency, Net Zero by 2050]

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Jaguar Land Rover is developing a hydrogen-powered car

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Jaguar Land Rover will develop a new hydrogen-powered prototype of its iconic Defender SUV

The prototype program, known as Project Zeus, is part of JLR’s larger aim to only produce zero-tailpipe emissions vehicles by 2036.

Hydrogen only emits water making it ideal for larger vehicles with longer driving ranges, according to the car-maker.

It follows the company working towards cutting its tail-pipe emissions to zero by 2036.

The venture will be partly funded by the UK Government and will begin testing by the end of this year.

The UK plans to ban car sales that run entirely on combustion engines from 2030.

JLR has also made a commitment to have zero carbon emissions across its supply chain, products, and operations by 2039.

The automaker has also tapped AVL, Delta Motorsport, Marelli Automotive Systems, and the UK Battery Industrialization Center to help develop the prototype.

The testing program is designed to help engineers understand how a hydrogen powertrain can be developed that would meet the performance and capability (like towing and off-roading) standards that Land Rover customers expect.

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Climate

Climate change hot on the G7 agenda

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Climate Problems are forcing us to move

Climate change was hot on the agenda at last week’s G7 Summit in the United Kingdom.

To dissect the latest on the environment, Kristina Haverkamp from the German Energy Agency joined ticker Climate hosts, Holly Stearnes and Scott Hamilton.

Ms Haverkamp said the results from last week’s G7 Summit were “satisfactory”.

“Some say that not enough has been decided but I’ve started to see that as a pavlovian response to what’s been decided at the international level,” she explained.

Ms Haverkamp also said her company, dena, has played a fundamental role in Germany’s renewable future. But there is still a lot of work to do.

“The attitude of the German population is ambivalent. We have 80 to 90 percent support in principle… but at the same time there is strong global resistance that is delaying the necessary expansion of our high voltage transmission grids,” she said.

The G7 leaders – from the United Kingdom, United States, Italy, Germany, France Canada and Japan – have all committed to net zero emissions by 2050. G7 partners also signed a landmark joint agreement at the Summit last week.

President of the European Commission, Ursula von der Leyen tweeted “we will do everything we can to stick to 1.5 [degrees].”

The G7 Summit comes ahead of the COP26, United Nations Climate Change Conference in Glasgow. 

ticker Climate airs Monday 4:15pm AEST, or 2:15am EDT.

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