Welcome back.
Just about every Friday, we publish this newsletter with links to a host of great articles that discuss current important climate and energy issues. There’s often a pattern – science jacking up the alarm level, industry spinning the message, and politics gridlocked between competing interests. While each issue can feel like another trip through the spin cycle, we’ve been at this a few years now and can definitely see positive progress – invariably driven by people who have chosen to engage, to work with others who haven’t given up, who are determined to take whatever action they can to meet the climate crisis. So we’re leading today’s issue with one person’s account of how getting involved, getting active, makes her feel hopeful.
Now that we’re fired up and ready to go… let’s jump right in with an observation that the Federal Reserve has yet to see a role for itself in addressing the financial risks associated with climate change. Even though these hazards are well documented and increasingly urgent, Fed Chair Jerome Powell recently said, “Today, climate change is not something that we directly consider in setting monetary policy.” Pension funds are an example of an investment that responds to monetary policies. Ones that still hold a lot of fossil fuel securities are directly exposed to climate risks. But some of these funds are resisting divestment efforts by circulating misinformation that exaggerates the expected costs associated with eliminating fossils from portfolios. This is a replay of tactics previously deployed when resisting calls to dump tobacco and firearms.
Financial risks mentioned above come in two main flavors: the risk to life, property, and business from extreme weather events and other climate-related disasters, and the risk of stranded assets, typically associated with fossil fuel infrastructure that has to be retired earlier than expected. A new scientific study draws a line under the stranded asset issue, concluding that approximately 40% of all existing fossil fuel production sites must be retired early for us to hang on to a 50-50 chance of achieving the Paris Climate Agreement goal of limiting heating to 1.5C.
Last among this week’s finance-related news is consideration of the effectiveness of purchasing carbon offsets as a way to green up air travel. Bottom line: not much. But with time and better regulation, the carbon offset market is expected to improve. For now, buy them if they make you feel better. Fly less if you can.
We’ll close out this section with a couple of excellent articles describing how the same technical loophole that allows European biomass plants to claim their energy is carbon neutral (and to devastate forests in the U.S. southeast), is being used to grow the biomass energy industry in Japan and South Korea – with similar pollution and deforestation consequences. Also, a heads up on the next industry-driven false solution for the single-use plastics problem: “advanced recycling“.
On the positive side, floating offshore wind turbines have come a long way in the past five years. Now, the first commercial deployment is happening off Scotland and strong industry growth is expected to follow. We also found a podcast about the new documentary “Empowered”, focused on the long and checkered history of energy production in Somerset on Mount Hope Bay, near Fall River, MA. Long-serving state representative Patricia Haddad is central to the story.
Across the pond, Norway is seeing the commercial launch of the Hydrovolt battery recycling plant. It’s Europe’s largest facility for recycling electric vehicle and stationary energy storage batteries. Between its initial capacity and plans for growth, it is expected to handle all of Norway’s end-of-life battery market.
On the topic of batteries, it’s certain that long-duration energy storage will involve (among other technologies) some form of flow batteries. We offer a great basic primer on what these are and how they’re being used. And right on queue, a new report by researchers at MIT finds that with today’s available methods, it’s technologically and financially feasible to use energy storage systems to almost completely eliminate the need for fossil fuels to operate regional power grids.
Let’s make it happen.
For even more environmental news, info, and events, check out the latest newsletter from our colleagues at Berkshire Environmental Action Team (BEAT)!
— The NFGiM Team
PROTESTS AND ACTIONS
When You Can’t Read Anymore About Climate, Take Action
By Meredith Rose, Yes! | Opinion
May 18, 2022
Meredith Rose has taught composition and literature at San Francisco City College. Her short stories have been published in a handful of literary magazines. With her life partner, she is raising two teenaged kids in Pasadena, CA.
What’s the craziest thing you’ve ever done? It might have been something reckless or impulsive, adventurous, or just plain stupid. Here’s mine: I joined a group that works on creating solutions to climate change. Nuts, right? Who does stuff like that when the headlines remind us daily of our impending doom? Well, I did, and I’m learning that it’s not so crazy after all. I admit that when I simply recycled toilet paper rolls and bought LED lights, life was easier. Joining an organization and showing up was definitely out of my comfort zone, let alone actually meeting with my congresswoman. But it seems that every summer where I live in Southern California, the thermometer tops 100 degrees for days on end, and I’m pretty uncomfortable then too.
Now, I’m doing something, along with thousands of others, and together, we’re making a difference. I see it in the laws proposed in Congress and in state legislatures as well. By getting involved, I’ve also met a range of people who haven’t given up, who are determined to take whatever action they can to meet this crisis.
For years, the mainstream media told me who really cared about The Environment: latte-drinking, Volvo-driving elites, or else wild-haired, amoral, eco-terrorists. When I attended my local chapter meeting of Citizens’ Climate Lobby, I met folks who (possibly) drank lattes and (occasionally) had some hairs out of place, but who for the most part were passionate, clear-eyed, and determined. The more involved I got, the more inspired I became. I signed up to staff an info table at a local library event. With me was Rob, a scientist from the Jet Propulsion Laboratory and then the head of the local chapter. He knew all the facts backward and forward, but when he talked to people, he spoke from the heart. He encouraged me when, for the first time ever, I talked to total strangers about climate change, and he thanked me for my efforts when my shift was over. I had wanted this scientist to tell me that everything was going to be OK, that the powers that be would figure it out in time, but he never did. Instead, he showed me that every contact with another person—listening first and then responding—was the key to addressing our challenge.
» Read article
» More about protests and actions
DIVESTMENT
As California Considers Dropping Fossil Fuels from Major Pension Funds, New Report Calls Out ‘Misinformation’ on Costs
CalPERS and CalSTRS, which oppose fossil fuel divestment legislation, have “wildly exaggerated” divestment costs, according to Fossil Free California’s latest report.
By Sharon Kelly, DeSmog Blog
May 13, 2022
A newly published report by Fossil Free California finds California’s pension fund managers are circulating divestment “misinformation” by exaggerating the costs involved in shedding their fossil fuel investments in documents prepared for state lawmakers.
California lawmakers are currently considering Senate Bill 1173 (SB-1173), California’s Fossil Fuel Divestment Act, which would require the California Public Employees’ Retirement System (CalPERS) and the California State Teachers’ Retirement System (CalSTRS), to stop investing in fossil fuels before the decade is out. The move would impact billions of dollars currently invested in oil, gas, or coal on behalf of California’s teachers, firefighters, and other public employees.
The report titled “Hyperbole in the Hearings” found that the pension “funds have wildly exaggerated losses from past divestments” like those involving tobacco, firearms, and some forms of coal. It concludes that CalPERS and CalSTRS estimates for costs associated with fossil fuel divestment are also exaggerated.
Extraordinary sums of money, invested on behalf of California’s public employees and teachers, are on the line. The two pension funds have estimated holdings of $7.4 billion and $4.1 billion respectively in fossil fuel investments that would need to be divested if the law went into effect.
Before it’s enacted, SB-1173 has to survive what California lawmakers call “suspense,” where the fiscal impacts of the law are considered — and it’s become known in the state as the place where bills “are killed without public debate.” That’s because debate between lawmakers during the suspense process is done behind closed doors and there’s no public vote when a bill is killed “on the suspense file.”
» Read article
» More about divestment
GREENING THE ECONOMY
Northvolt’s battery recycling plant Hydrovolt commences operations in Norway
By Cameron Murray, Energy Storage News
May 17, 2022
Commercial operations have begun at the Hydrovolt battery recycling plant in Norway, a joint venture (JV) between Norwegian materials processing company Hydro and Sweden-headquartered lithium battery manufacturing startup Northvolt.
The facility in Fredrikstad, southern Norway, has been under construction since February last year and its JV partners have invested NOK120 million (US$13.94 million) into the project while another NOK43.5 million was put in by Norwegian government enterprise Enova.
It is Europe’s largest electric vehicle battery (EV) recycling plant with the capacity to process approximately 10,900 tonnes (12,000 tons) of battery packs per year, equating to around 25,000 EV batteries. The batteries will be supplied by Batteriretur, a Norwegian company that collects batteries for recycling.
That is sufficient to recycle the entire end-of-life battery market in Norway, Hydrovolt said. CEO Frederik Andresen told Energy-Storage.news when construction started that, although it was EV-focused, the facility is also capable of recycling batteries from stationary energy storage systems (ESS).
Hydrovolt has a long-term aim of increasing its recycling capacity in Europe to 63,500 tonnes of battery packs by 2025 and 272,000 tonnes by 2030.
The Fredrikstad facility can recover and isolate some 95% of the materials in batteries including plastics, copper, aluminium and black mass, a compound containing nickel, manganese, cobalt and lithium. The recovered aluminium will be delivered to Hydro for recirculation into commercial grade aluminium products.
» Read article
Gas is a dangerous distraction for Africa
Arguments for gas exploration and gas-fired power infrastructure in Africa are robbing us of vital time to switch to clean energy.
By Vanessa Nakate, Al Jazeera | Opinion
May 16, 2022
Vanessa Nakate, 25, is a climate activist from Uganda and founder of the Africa-based Rise Up Movement.
At the start of this century, when much of the developed world woke up to the dangers of smoking, Big Tobacco turned to Africa to seek out new profits.
To this day, in my country, Uganda, and many others, foreign tobacco companies work to undermine regulations designed to protect people against the industry – they even market cigarettes to schoolchildren in some African countries.
Now, the same is happening in the context of the global fight against climate change.
As the world finally begins to wake up to the climate emergency, major oil and gas companies from Europe and North America are increasingly losing their licence to operate there, so they are turning to Africa to try and secure at least a few more years of extraction and profit.
Despite United Nations Secretary-General António Guterres recently warning that investing in new fossil fuel infrastructure is “moral and economic madness”, leaders in Africa are being persuaded that extracting more gas is a prerequisite for the continent’s development.
It is true, at least in the short term, that encouraging people to use gas rather than wood fuel to cook is crucial to prevent indoor air pollution. We need to invest in local storage and bottling plants for cooking gas. However, such measures do not require new gas-fired power infrastructure and exploration. These are two completely separate issues.
Arguments for gas exploration and gas-fired power infrastructure in Africa are robbing us of vital time to switch to clean energy.
Decades of fossil fuel development in Africa have failed to bring prosperity and reduce energy poverty. African countries whose economies rely on the production and export of fossil fuels suffer slower rates of economic growth – sometimes up to three times slower – than those with more diverse economies. In Mozambique, where foreign companies have built a $20bn offshore natural gas field and onshore liquefied natural gas facility, 70 percent of the country still lives without access to electricity. The gas is not for local people.
» Read article
» More about greening the economy
CLIMATE
The Fed Is Neglecting Its Duty on Climate Change
Global warming is introducing unprecedented risk into the financial system. The Fed has the power to limit that risk. Instead, Jerome Powell is sitting on his hands.
By Aaron Regunber, The New Republic | Opinion
May 19, 2022
Aaron Regunberg is a longtime progressive organizer, former Rhode Island state representative, and law student.
In early May, the United States Federal Reserve ordered the largest interest rate hike in over 20 years. This week, Fed Chair Jerome Powell declared he “won’t hesitate” to go even further, calling action on inflation an “unconditional need.”
This urgency to maintain price stability highlights a disturbing contrast at the heart of U.S. monetary policy: As the Fed goes all out to curb inflation, it continues to ignore a far more profound threat to our economic and financial stability—climate change.
By the year 2100, according to one study, the high-end cost of unchecked climate change could be $551 trillion. That’s more money than currently exists on earth. Yet just last year, Powell told a panel of his global colleagues, “Today, climate change is not something that we directly consider in setting monetary policy.”
Such a head-in-the-sand approach to climate is simply not compatible with a livable future, given the critical role that fossil fuel finance plays in driving this crisis. A recent report found that the world’s 60 largest banks invested $4.6 trillion in fossil fuels in the six years since the adoption of the Paris Agreement, with four U.S. banks—JPMorgan Chase, Citi, Wells Fargo, and Bank of America—together accounting for one-quarter of all fossil fuel financing. The Fed has the power and the responsibility to rein in these disastrous investment patterns, both to insulate our financial system from the contagious collapse of a dead-end fossil fuel industry and to protect the U.S. economy from the ravages of climate change.
Thus far, however, the Fed has failed to take any meaningful action on climate. This contrasts sharply with its peer institutions around the world. The European Central Bank has announced policies that make green assets eligible for purchase or discount. The Bank of England is actively exploring climate-related capital requirements and has committed to reducing the carbon intensity of its corporate bond purchasing program. The People’s Bank of China and the Bank of Japan have launched dedicated lending facilities to offer discounted funding for clean energy—and the list goes on.
The Fed, alone, has refused to acknowledge that climate requires an active central bank response, with opponents arguing that such actions exceed the statutory limits placed upon the Fed by Congress. This argument both misreads the Fed’s legislative mandates and underestimates the profound havoc that climate devastation will wreak on our financial system. In truth, the Fed’s legislative directives not only allow it to take steps to prevent and mitigate climate change, they actually require the Fed to do so.
» Read article
» More about climate change
CLEAN ENERGY
Floating offshore wind prepares to go commercial
The recent ScotWind offshore wind leasing round heralds a step change for floating offshore wind as a vital renewable technology for energy transition and energy security. Costs are starting to come down but other hurdles remain.
By Jocelyn Timperley, Energy Monitor
May 16, 2022
Back in 2017, the world’s first floating offshore wind farm, a 30MW demonstration project, was installed off the east coast of Scotland.
Five years on, the UK is targeting 5GW of floating offshore wind by 2030, which is equal to half its current total offshore wind capacity. In the recent ScotWind offshore wind leasing round – the world’s first fully commercial leasing round to support large-scale floating wind – the technology was awarded 14.5GW out of a total 25GW. The Crown Estate is planning a further 4GW of leasing for floating wind in the Celtic Sea.
Five years ago floating offshore wind was seen as potentially interesting and able to play a role in the UK’s renewable energy mix, says Rhys Wyn Jones, director of RenewableUK Cymru, the Wales branch of trade association RenewableUK. “It is now seen as absolutely central to offshore renewables’ contribution to the energy transition between now and 2050. We are on the cusp, and I think ScotWind puts rocket boosters underneath floating wind.”
[…] Floating wind offers several advantages over conventional fixed-bottom offshore wind, the most obvious of which is that floating turbines can be located in seabed depths of several hundred metres, compared with a maximum of around 65m for fixed-bottom. This allows far more flexibility in where it is put. Offshore wind can already access higher wind speeds than onshore, but this allows floating wind to take advantage of the very best spots.
“The fact that you can operate floating wind in much deeper waters gives you access to a far larger resource,” says Wyn Jones. “Stronger winds out in deeper waters have a huge benefit.”
» Read article
Rep. Haddad is star of energy documentary
‘Empowered’ places Somerset’s struggles in historical context
By Bruce Mohl, CommonWealth Magazine
May 16, 2022
REP. PATRICIA HADDAD of Somerset, long a powerful figure in the Massachusetts House, is now also the star of a new documentary written, directed, and produced by California-based filmmaker Kiki Goshay about America’s love affair with energy.
The documentary’s strength is the long look it takes at the country’s haphazard energy evolution from one president to the next, and from one crisis to the next. The story is told using Haddad and Somerset as the laboratory where those twists and turns play out – often with devastating personal and environmental consequences.
“It is a microcosm of all of America,” Goshay says of Somerset on The Codcast.
Somerset is a small community located on Mount Hope Bay across from Fall River. Electricity has long been its chief export, but the fuel used to produce the power has changed with the times. At Brayton Point, the power plant started with coal, shifted to oil when that fuel was cheap and plentiful, and then reverted to coal with the formation of OPEC and the run-up in oil prices in the 1970s.
Then came the environmental movement and the discovery that the Brayton Point plant was polluting the air and killing off the fish in the bay. That led to expensive scrubbers and cooling towers, which made the plant too costly to operate when cheap fracked natural gas came along. The plant was torn down and the cooling towers were imploded in April 2019, paving the way for a turn to offshore wind that has taken far longer than planned with the foot-dragging of the Trump administration finally giving way to the full-speed-ahead approach of the Biden administration.
[…] Goshay said she felt she needed to push ahead with the project for personal reasons as she watched the country fail to wake up to the dangers of climate change. She interviewed scientists, entrepreneurs, and policymakers like Haddad and came away far more optimistic about the nation’s future.
“I called [the documentary series] ‘Empowered’ because it’s exactly how I felt personally,” she said. “When I did this deep dive and met all of these people over the course of two years, I felt this excitement for the future for the first time. I really thought, wow, things are going to be better in five years and even better than that in 10 years because I met the people that are doing the work and I realized we have the tools.”
» Read article or listen to The Codcast
» More about clean energy
ENERGY STORAGE
Inside Clean Energy: Flow Batteries Could Be a Big Part of Our Energy Storage Future. So What’s a Flow Battery?
A battery project uses a technology that could be vital for meeting the need for long-duration energy storage.
By Dan Gearino, Inside Climate News
May 19, 2022
A clean energy development this week in the San Diego area isn’t much to look at. Workers will deliver four white shipping containers that house battery storage systems. Soon after, workers will hook up the containers so they can store electricity from a nearby solar array.
The part that I care about is the “flow battery” technology inside those shipping containers, developed by ESS Tech Inc., an Oregon startup. Flow batteries have the potential to be an important part of the energy transition because they can provide electricity storage that runs for much longer than the typical four hours of the dominant technology, lithium-ion batteries.
So what is a flow battery? A key design element is the use of two external tanks that contain electrolyte fluids that get pumped through the battery as it charges and discharges.
The duration of the battery, which is how long it can run before recharging, increases based on the size of the tanks. Think of this as the battery equivalent of one of those novelty baseball helmets that hold two cans of soda. If you switch out cans of soda for two-liter bottles, you can drink a lot more.
“For the whole machine, what you need to do is add more liquid rather than adding many, many more batteries,” said Jun Liu, a University of Washington professor and a fellow at the Pacific Northwest National Laboratory. He also is director of the federal government’s Battery500 Consortium, which develops next-generation batteries for electric vehicles.
In contrast to flow batteries, lithium-ion batteries and most other batteries are self-contained, with less flexibility in their design, he said.
[…] And one of ESS’ selling points to investors and customers is that it doesn’t rely on rare metals like lithium or vanadium at all. The main ingredients of its fluid are iron, salt and water.
» Read article
More energy storage is needed to support wind and solar power, MIT study finds
By David Abel, Boston Globe
May 16, 2022
A new report released Monday by researchers at MIT finds that it’s technologically and financially feasible to use energy storage systems, such as massive batteries or hydroelectricity, to almost completely eliminate the need for fossil fuels to operate regional power grids.
Such systems are becoming in greater demand in New England, and beyond, as more renewable energy powers homes and businesses and they require ways to keep the lights on when the sun isn’t shining or the wind isn’t blowing.
“Our study finds that energy storage can help [renewable energy]-dominated electricity systems balance electricity supply and demand while maintaining reliability in a cost-effective manner,” said Robert Armstrong, director of the MIT Energy Initiative, which commissioned the three-year study.
The authors of the report estimated that the costs of transforming power grids in the Northeast, Southeast, and Texas will range between 21 percent and 36 percent higher than if nothing was done to promote storage-backed renewable energy. The costs will be higher in the Northeast, where there are greater energy demands in the winter.
But they described those costs as “relatively modest” and noted there would be many hours when the costs of electricity would be near zero. That means future power grids are more likely to enable the low-cost charging of increased numbers of electrical vehicles and homes with electrical heating systems. They will be able to be charged when prices dip.
“These cost increases are relatively modest compared to the costs of not doing anything, and especially compared to the costs of climate change, which is an existential threat,” said Dharik Mallapragada, one of the authors of the report.
» Read article
» Read the MIT report
» More about energy storage
CLEAN TRANSPORTATION
Do Airline Climate Offsets Really Work? Here’s the Good News, and the Bad.
Carbon credits could eventually play an important role in fighting climate change, but right now a few dollars’ worth won’t change much.
By Maggie Astor, New York Times
May 18, 2022
Carbon offset programs have become ubiquitous. You’ve probably seen them as check-box options when booking flights: Click here to upgrade to a premium seat. Click here to cancel your greenhouse gas emissions.
It’s an appealing proposition — the promise that, for a trivial amount of money, you can go about your business with no climate guilt. But if it sounds too good to be true, that’s because, at least for now, it is.
The New York Times asked readers this spring to submit their questions about climate change, and several asked about carbon offsets. How do they work? Do they work at all, or, as one reader put it, “is it just guilt money?”
The idea of carbon offsets, sometimes called carbon credits or climate credits, is simple. We know human activity releases tens of billions of tons of carbon dioxide and other greenhouse gases every year. We also know it is possible to remove or sequester carbon from the atmosphere by, for example, planting trees.
Offsets seek to compensate for emissions in one place — for example, from passenger airplanes — by funding emission reductions or carbon removal somewhere else, like forests.
Some experts see them as an essential tool to limit environmental damage, at least in the short to medium term, until the world can make a full transition to renewable energy. Governments including California, the European Union and Australia are relying on them to meet their national goals for reducing greenhouse gas emissions.
At some point, carbon offset programs will have to become more transparent and effective, said Bruce M. Usher, a professor of professional practice at Columbia Business School and the former chief executive of EcoSecurities Group, which has designed emissions-reduction projects in developing countries.
Scientists are clear that the world needs to reach net-zero emissions — the point where we either stop pumping greenhouse gases into the atmosphere, or fully counteract the gases that we do produce — by 2050 to avoid the worst effects of climate change, and “it’s virtually impossible to get to zero” without offsets, he said.
But that doesn’t mean offsets work today, and Professor Usher’s advice to people right now is hardly a ringing endorsement. “If you wish to because it aligns with your values, sure, you should buy carbon credits,” he said. “But don’t be under the illusion that, for every credit you buy, it’s absolutely 100 percent reducing emissions by an equal amount.”
Many offset projects do not even come close to 100 percent of the benefits they promise.
» Read article
» More about clean transportation
FOSSIL FUEL INDUSTRY
Shut down fossil fuel production sites early to avoid climate chaos, says study
Nearly half existing facilities will need to close prematurely to limit heating to 1.5C, scientists say
By Damian Carrington, The Guardian
May 17, 2022
» Read article
US oil refineries spewing cancer-causing benzene into communities, report finds
Analysis shows alarming level of benzene at fence-line of facilities in Texas, Louisiana, Pennsylvania, Indiana and US Virgin Islands
By Aliya Uteuova, The Guardian
May 14, 2022
» Read article
» Read the EIP analysis
» More about fossil fuels
BIOMASS
Missing the emissions for the trees: Biomass burning booms in East Asia [Part 1 of 2]
By Justin Catanoso, Mongabay
May 11, 2022
The European Union and the United Kingdom are ramping up controversial wood burning to generate energy and heat as they follow legal mandates to phase out coal. But this practice is leaving smokestack carbon emissions uncounted and the atmosphere in arguably worse shape.
Now, on the other side of the world, two industrial Asian giants are following Europe’s lead, though with less media scrutiny to date.
Japan and South Korea, the world’s third- and 10th-largest economies, have been increasingly relying on burning wood for energy since 2012, taking advantage of a United Nations-tolerated loophole that enables them, like the EU and the U.K., to allow emissions from biomass burning to be counted as carbon neutral, putting it in the same category as renewables such as solar and wind energy.
The result may be an undercounting of their actual greenhouse gas emissions, allowing them to meet their Paris Agreement goals — at least on paper. Both Japan and South Korea pledged in 2020 to reach net zero emissions by 2050; the EU and the U.K. have the same goal.
Western and Eastern biomass usage is creating a surging demand for wood pellets, putting even more pressure on native forests in the southeastern United States, western Canada, and Eastern Europe. Experts say this demand could lead to similar logging in Southeast Asia, especially Vietnam, Malaysia and Indonesia.
The Environmental Paper Network, a global coalition of forest advocates that tracks biomass usage, estimates that demand for pellets in Japan will rise to 9 million metric tons annually by 2027, up from 0.5 million metric tons in 2017.
[…] In South Korea, government subsidies for further biomass development have been so heavy that they are reducing investment in renewables such as wind and solar, according to a report by Seoul-based NGO Solutions For Our Climate (SFOC).
Meanwhile, “proposed Japanese demand for wood pellets would require the use of all the forests in Virginia,” Tim Searchinger, an expert on biomass for the World Resources Institute, told environmentalists in Japan during a recent presentation to forest advocates. More ominously for forests, his research indicates that “to provide 2% of global primary energy from wood requires doubling global commercial wood harvest.” Searchinger based the 2% prediction on current rising demand forecasts.
This trend comes even as nations proclaim the value in keeping forests intact. In November of last year, more than 100 nations agreed at the U.N. climate summit in Glasgow to reduce global deforestation as a primary climate-mitigation strategy. But the nonbinding pledge left plenty of room for commercial logging, which feeds wood-pellet manufacture, to continue unabated.
» Read article
As biomass burning surges in Japan and South Korea, where will Asia get its wood? [Part 2 of 2]
By Annelise Giseburt, Mongabay
May 19, 2022
Under the guise of “carbon neutral” energy, Japan and South Korea’s appetite for woody biomass for electricity generation has increased exponentially over the past decade and continues to grow. The two nations’ biomass subsidies are spurring an increase in the production of wood for burning in Southeast Asia and North America, putting pressure on forests in those regions.
Burning woody biomass for electricity takes stored CO2 out of trees and puts it back into the atmosphere. However, United Nations carbon accounting rules define burning woody biomass as carbon neutral because newly planted trees absorb CO2. As a result, neither Japan nor South Korea counts that CO2 among its emissions, despite the fact that numerous studies have challenged industry claims of biomass burning’s carbon neutrality.
In 2021, Japan and South Korea imported a combined 6 million metric tons of wood pellets, according to data compiled by the nonprofits Biomass Industry Society Network (BIN) and Solutions for Our Climate (SFOC). They both also import palm kernel shells, a byproduct of palm oil production. A smaller percentage of both countries’ biomass fuel, including wood chips, is sourced domestically.
Encouraged by generous subsidies and the long-standing carbon accounting loophole, wood pellet demand in Japan and South Korea is expected to rival that of the United Kingdom and European Union by 2027. The EU currently supplies 60% of its supposedly renewable energy through biomass.
Although Asian woody biomass sourcing is just one production demand being made on the world’s forestry industry (wood for pulp, paper and construction are others), experts warn that a surge in biomass production could lead to increased deforestation — for a fuel that, no matter what the carbon accounting rules say, emits higher levels of CO2 at the smokestack than even coal and large amounts of particulate air pollution.
» Read article
» More about biomass
PLASTICS RECYCLING
Exxon doubles down on ‘advanced recycling’ claims that yield few results
The petroleum company is under investigation for misleading the public while exacerbating the global plastic pollution crisis
By Amy Westervelt, The Guardian
May 11, 2022
» Read article
» More about plastics recycling
» Learn more about Pipeline projects
» Learn more about other proposed energy infrastructure
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