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Ukraine Crisis

There is no farming on a dead planet | TICKER VIEWS



There is a problem when major production lines use massive amounts of fossil fuels, that directly contributes to climate change.

How did a world leading Norwegian fertiliser company shift gears and go green?

This week on Ticker Climate, Energy Expert Scott Hamilton and Ticker News Presenter Holly Stearnes reported on how Yara is now moving to produce Green Ammonia from renewable energy in the Pilbara, Western Australia.

Yara Pilbara (Yara) is the world’s leading ammonia and fertiliser production company with approximately 20 per cent market share of the global ammonia trade.
Yara is one of world’s biggest providers of ammonia, fertilisers and mining explosives. 

“This is going to be the biggest industrial scale green ammonia plant in the world.” 

Yara has a mission to grow knowledge to responsibly feed the world and protect the planet. Without mineral fertilizer, the would could only feed 40% of its population.

The problem with production using fossil fuels

The problem is that this production uses massive amounts of fossil fuels which contribute to climate change. That’s why Yara is moving to alternatives, like Green Ammonia.

“There is no farming on a dead planet,”

scott hamilton says.

“This is a game changer, showing the way for other companies to go green”. Holly Stearnes said to Grimes.

Yara’s Burrup Peninsula facility currently produces ammonia by using natural gas as a feedstock for its steam methane reforming process, which produces fossil-fuel based hydrogen. Now its shifting to the biggest industrial scale green ammonia plant in the world.

Further, the Smart Energy Council’s Zero Carbon Certification Scheme continues to gain traction with Yara, the latest multi-national company to sign up to the scheme.

“The Zero Carbon Certification Scheme is a certificate of origin scheme for renewable hydrogen, renewable ammonia and renewable metals. It’s an absolutely critical step in building the industries of the future,” said Mr Grimes.

“We are very happy to be part of this ground-breaking project in Australia. Certification will be essential to create a market for green ammonia,” said Sammy Van Den Broeck, Vice-President Product and Portfolio, Yara Clean Ammonia. 

Solar push for small business

Also in Australia, the state of Victoria is encouraging Victorian small businesses to reduce their energy costs by accessing the benefits of renewable energy under the Solar for Business Program.

This initiative will bring down energy bills for small businesses by reducing the upfront cost of the installation of an approved small-scale solar PV system up to 30kW.    

CEO of RACV Solar, Andy McCarthy says “it’s fantastic news” for businesses.

“It allows us to invest in more infrastructure, employees and expansion opportunities with confidence. It’s great for the environment, consumers and their business electricity bills,”

mccarthy says.

Giant renewable energy power station set for Africa

CWP Global (who was also recently featured on Ticker Climate) last week, announced it is building a massive 30 gigawatt renewable energy power station in Mauritania, north west Africa, which is located just below Western Sahara.

‘To put that in perceptive, the biggest coal power station in Victoria is 2 gigawatts,’ said Hamilton.


Russian Police investigate a crypto mining facility



Russian Police are investigating a crypto mining facility, which is suspected of defrauding clients

It’s understood the miners handed devices to those who were running a mining hotel.

They are also accused of stealing their expensive coin minting hardware, and stopping payments to their customers.

The scam allegedly took place from November to May, where the suspects worked with people who wanted to install their coin minting hardware in a mining hotel.

They were offered electricity prices that were below market value.

Electricity consumed by some of the world’s largest cryptocurrencies has dropped by nearly half.

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Ukraine Crisis

Ukraine and Moldova on the edge of EU membership



Ukraine and Moldova have officially been granted EU candidate status, moving the nations one step closer to joining the union

The decision comes nearly four months after Ukraine’s Zelensky launched his country’s bid to join the bloc, and deals a major blow to Russian President Vladimir Putin.

But Russia’s President Putin claims he has “nothing against” the possible membership, saying it’s Ukraine’s “sovereign decision” to join or not.

But some analysts are doubting whether Russia’s comments are genuine.

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Ukraine Crisis

Russia targets Ukrainian capital of Kyiv during G7



Russia has targeted the Ukrainian capital of Kyiv, as leaders of the G7 meet in Germany

A missile strike left one dead, and six wounded after a residential apartment was hit. It’s the first such strikes on the capital in three weeks.

The city’s Deputy Mayor says four people were admitted to local hospitals, as authorities continue their search and rescue efforts.

It’s believed a 7-year-old girl is among those who are injured in the complex. Meanwhile, a missile funnel has been found in the backyard of a nearby kindergarten.

U-S President Joe Biden says the strikes are barbaric, but declined to comment on whether they were deliberately occurring because of the G7 meeting.

The Group of Seven leaders will ban imports of gold from Russia, the latest in a series of sweeping sanctions against the nation for its war in Ukraine.

Leaders will also discuss rising energy costs and inflation.

President Biden is also pledging 200 billion dollars as part of a global infrastructure package to counter China’s Belt and Road Initiative.

Meanwhile, Russia maintains the invasion is a special military operation.

The nation’s Defence Minister has paid a visit to Russian troops and giving medals to soldiers.

President Vladimir Putin says his nation will transfer nuclear-capable missile systems to Belarus in the coming months.

Belarus has been a close ally to Russia. The nation’s President travelled to St Petersburg for a series of meetings at the weekend.

Meanwhile, the G7 says there is one world leader who is missing from their high-stakes talks.

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