Green Supply Chain Help
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Green Supply Chain Help
News, info and practical help for implementing green supply chain
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Is Hurricane Sandy the wake up call to climate change the U.S. needs?

Is Hurricane Sandy the wake up call to climate change the U.S. needs? | Green Supply Chain Help | Scoop.it

A recent report from the Carbon Disclosure Project (CDP) indicates that a growing number of  major corporations are incorporating the risk to their supply chains of climate change into their business strategies at board room level.  Over 80% of companies who responded to the survey were planning for the physical risks of extreme weather events with nearly 40% indicating that they regarded the risks as a present threat.

 

With the rate of extreme weather events growing fivefold over the last 30 years it is inevitable that the companies that take climate change seriously and build resilience into their supply chains will have the greatest long term viability and returns to their investors.

 

Although the report indicates encouraging awareness and action on climate change it also concludes that this action is currently well short of what is required.  To achieve the global target of no more than 2 degrees C warming, we need emissions reductions of 4% compared to the 1% reported by the CDP respondents.

 

The CDP is a global not for profit organisation dedicated to helping business and cities report on emissions and drive action on GHG emissions reduction.  They provide information on companies' emissions and climate change action to investors.  

 

It is worth noting that an investment portfolio based on their Carbon Disclosure Leaders Index (CDLI) of companies since 2006, would have more that doubled the average market return.  

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Parliament to vote to remove artificially high carbon floor price for ETS

Parliament to vote to remove artificially high carbon floor price for ETS | Green Supply Chain Help | Scoop.it

Although Tony Abbott is against this, it is actually a good thing and removes one of the flaws in the Governments carbon tax legislation which set an arbitrary and high price of $15/tonne for CO2 once we move to a carbon trading scheme in July 2015.

 

The original impact of this was estimated at up to $30Bn loss to GDP up until 2018.  The floor price for carbon emissions will now be linked to various international markets which means that Australian companies will not be taxed more heavily than overseas companies for carbon emissions once the ETS commences.

 

Let's hope the legislation passes.

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Algae based biofuels coming - slowly

Algae based biofuels coming - slowly | Green Supply Chain Help | Scoop.it

The Algae 2020 market study of the algae based biofuels market examines the development of the technology and where the investment is going.  Whilst this is an important technology to be developed and holds much promise, like all things in the new green economy there is no single solution to the problem of peak oil and the decarbonisation of the world.  

 

The forecast production in this report is for 6Bn gallons of biofuel by around 2020.  This is not even two days worth of current crude oil production which is not keeping up with demand now let alone whatever demand will be in 2020.

 

Biofuel will be most important for the aviation industry which has no viable electric alternatives in sight like ground transport has.  Whilst an electric engined airliner is enitrely plausible the problem of weight and energy density in the battery or electrical power supply is still a barrier.  It is worth noting that small electric aircraft are already commercially avaialble and last year the Taurus G4 successfully flew 200 miles at 100mph so this is an emerging area.

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Sanity prevails, the 2015 ETS now to be integrated with the EU ETS and international pricing

Sanity prevails, the 2015 ETS now to be integrated with the EU ETS and international pricing | Green Supply Chain Help | Scoop.it

The hidden cost of the planned Australia ETS was its floor price of $15 per tonne of CO2 and limit of 50% access to international emissions trading markets.  This was estimated at ~$30Bn over the first 6 years of the scheme and was simply punitive to the economy. Thankfully now they will open up the ETS to the world and let the internationa markets settle the carbon price.  That is assuming Tony Abbott doesn't trash it if he is the next Prime Minister.

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Are bio-fuels destroying the environment?

Are bio-fuels destroying the environment? | Green Supply Chain Help | Scoop.it

The EC were going to legislate to prevent the use of biofuels that damage the environment by impacting the use of land away from food crops or by destroying forest to plant palm oil but have now moved away from this idea.  Lets hope that the development of non-damaging biofuel production using algae scales up quickly or we are just defeating the purpose.

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Taurus G4 wins NASA prize for electric aircraft flying 200miles at 100mph

Taurus G4 wins NASA prize for electric aircraft flying 200miles at 100mph | Green Supply Chain Help | Scoop.it

Just as ground transport is inevitably headed towards electric power, so to is aviation.  Given the demands of commercial aviation the use of electric commercial airliners is likely to be some distance away and require much better battery technology (such as the litium air battery)  to be viable.

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Synthetic Genomics and Exxon Mobil invest $600M developing biofuels

Synthetic Genomics and Exxon Mobil invest $600M developing biofuels | Green Supply Chain Help | Scoop.it

Synthetic genomics are piloting production techniques for biofuel using a genetically engineered algae that secretes oil and will ultimately allow the large scale industrial production of biofuels without using agricultural land needed for food production.  The ultimate aim is to produce a bio-crude oil substitute that can feed the existing refinery infrastucture to produce renewable diesel, petrol and aviation fuel.

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