Welcome to another two weekly review of energy and
environmental events and developments from both here in New
Zealand and around the world. As always, we hope you find our
collection of stories to be of interest in what continues to
be a rapidly evolving area.
We open this week with the news that the concentration of
carbon in the atmosphere is expected to pass the symbolically
important 400ppm in May this year. The last time CO2 levels
were so high was probably in the Pliocene epoch, between 3.2m
and 5m years ago, when the Earth's climate was much warmer
than today.
At the same time and probably coincidental, China and the
US recently strengthened commitments to address climate
change. China has the world's largest renewable energy
capacity and is seeking to introduce a national greenhouse gas
emissions trading scheme in 2016. The US has almost doubled
its renewable energy capacity in the last four years and now
has 10 States with operating emissions trading schemes.
Quickly and quietly things appear to be changing.
Which if they weren't already changing we suspect they soon
will be with White House briefed on the perils associated with
the rapid loss of Arctic sea ice and the threat of global food
shortages. A public statement released by AMEG – a UK based
group of international climate scientists in response to the
briefing read “The weather extremes from the last year are
causing real problems for farmers, not only in the UK, but in
the US and many grain-producing countries. World food
production can be expected to decline, with mass starvation
inevitable. The price of food will rise inexorably, producing
global unrest and making food security even more of an issue”.
Gulp…
These dire predictions are also accompanied by warnings
that Europe needs to adapt faster to the changing climate and
the expected destructive storms, floods, heavy rainfall and
higher sea levels. Avaler, Ingoiare, Schlucken…
Our next series of articles look at ‘smart' building
strategies but interestingly enough the first step to
introducing new technology starts with behaviour (in other
words are processes within the building being utilised as well
as they should be). The next step with the introduction of any
smart technology is to ensure they work in unison with the
buildings system and monitoring any changes to ensure
suggested improvements occur. Zigbee Alliance has created a
wireless standard that provides information and control for
both wired and wireless networks to better manage
communication and operation of all internal and external load
and power sources. Pan Pacific Hotel Group has introduced a
minibar in a number of their hotels which utilises smart
technology that monitors and adjusts cooling production in
accordance to guestroom status. A number of other protocols
include notifying staff if the mini bar needs to be restocked
leading to staff efficiency improvements. In our final story
we look at how electric vehicles could stabilize the grid and
make money for the vehicle owner. Electric vehicles with two
way chargers can effectively send electricity back to the grid
stabilizing overall supply and make money to boot.
Moving from smart energy and smart technology, it's now
time to get smarter about patenting and companies monopolising
markets. Monsanto is a world food giant and leader in genetic
engineering of seeds for crops and produce about 90 percent of
all soybeans and 70 percent of all corn. The NY Times paper
has finally spoken out about this monopolisation and genetic
engineering but how far will it go? Patenting is common for
inventive goods and services, but now Monsanto is patenting
everyday vegetables such as onions and melons. Monsanto are
able to genetically alter that patented vegetable and take
control of the market, eventually the only vegetables you will
be able to buy are genetically engineered. This appears to be
a classic example of monopolisation and exploitation of an
industry. Click on the article link to find out more about the
implications of monoculture...
The nexus of investors, companies and capital markets
inaction on ESG issues is a thing of the past. Our next
article discusses the forthcoming global sustainability mega
forces and how these translate into both risks and
opportunities for all three. The market needs to appropriately
recognise these mega forces or be subject to the consequences
at their own peril. As the article points out, introducing a
new global rating standard, reporting framework and regulatory
reporting guidance will assist to create a virtuous cycle
where “capital markets reward corporate sustainability
performance with the capital and credit it deserves”. Past
performance is no longer a proxy for future success, now, all
bets are off.
The next article gives a very exciting look at how the
humble bicycle is increasingly being seen as a popular and
sustainably smart mode of transport. Bike-sharing isn't a new
trend (it's been around since 1965) but is growing around the
world. Bike sharing enables people like you and me to pick up
a bike at one bike station and ride a certain distance and
leave it at another bike station, all for a small membership
fee or forward bond payment. Cities like Wuhan in China,
Washington DC, Copenhagen and many others have ambitious plans
to increase the numbers of bikes as demand grows. These types
of forward thinking cities are being inspired and starting to
understand the benefits of bike-sharing.
Lastly we have a look at an often overlooked element of
power transmission – harmonics. These can seriously effect
load balancing of three phase power. This article looks at the
use of active filters to remove the problem.
Thanks for taking the time to read this issue and look
forward to catching up with you again. If you have any items
of interest you would like to submit, then please feel free to
forward them.
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