European Coal – EGS Schuetzen http://egs-schuetzen.com/ Sun, 05 Dec 2021 10:02:11 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://egs-schuetzen.com/wp-content/uploads/2021/06/icon-4.png European Coal – EGS Schuetzen http://egs-schuetzen.com/ 32 32 Softening Diesel Prices Fail to Boost Movement of Goods on Sluggish Industrial Activity, Energy News, ET EnergyWorld https://egs-schuetzen.com/softening-diesel-prices-fail-to-boost-movement-of-goods-on-sluggish-industrial-activity-energy-news-et-energyworld/ Sun, 05 Dec 2021 03:09:00 +0000 https://egs-schuetzen.com/softening-diesel-prices-fail-to-boost-movement-of-goods-on-sluggish-industrial-activity-energy-news-et-energyworld/ New Delhi: As the center and some state governments cut taxes on diesel, there was a drop in freight movement in November due to the slowdown in industrial activity. “The volume of freight moved remained stable at negative one month after the pre-festive October buzz,” research and rating agency CRISIL said in a report. He […]]]>
New Delhi: As the center and some state governments cut taxes on diesel, there was a drop in freight movement in November due to the slowdown in industrial activity.

“The volume of freight moved remained stable at negative one month after the pre-festive October buzz,” research and rating agency CRISIL said in a report.

He added that freight rates for transporting essential commodities such as FMCG and FMCD remained relatively resilient in November, but after the holiday replenishment, freight rates for discretionary goods such as auto carriers and textiles are under more pressure.

Freight rates in the mining, cement and steel sectors also suffered some correction as infrastructure construction activity was subdued month over month, but this correction is not not significantly greater than the fall in the price of diesel in the case of cement.

Falling diesel prices fail to stimulate freight movement on sluggish industrial activityThe central government announced a reduction of Rs 10 per liter in the central excise tax applicable on diesel during the first week of November. A few states have followed suit by announcing further reductions in state taxes or value added tax (VAT) on diesel.

While this may seem like a good omen for the profitability of carriers, demand and supply factors also play an important role in freight rates as the freight industry is very dynamic and competitive.

The reduction in excise duties translates into a 3-5% reduction in a carrier’s cost structure. Add in the cropping of VAT rates by a few states, and the reduction would be 4-6%.

Discretionary goods such as autos and textiles are experiencing the largest correction in freight rates – around 10 percent – because shipments have been under pressure. However, mining products like coal, iron ore and limestone, with the exception of cement and steel, experience a slight moderation in freight rates compared to the decline in the price of diesel.


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Polish diplomat Artur Lorkowski new director of the Energy Community https://egs-schuetzen.com/polish-diplomat-artur-lorkowski-new-director-of-the-energy-community/ Fri, 03 Dec 2021 17:39:16 +0000 https://egs-schuetzen.com/polish-diplomat-artur-lorkowski-new-director-of-the-energy-community/ Artur Lorkowski will head the Energy Community Secretariat for the next three years. He replaced Janez Kopač after his nine-year term. The Ministerial Council of the Energy Community decided in Belgrade to appoint Artur Lorkowski as Director of the Secretariat of the Energy Community for a period of three years. His term began on December […]]]>

Artur Lorkowski will head the Energy Community Secretariat for the next three years. He replaced Janez Kopač after his nine-year term.

The Ministerial Council of the Energy Community decided in Belgrade to appoint Artur Lorkowski as Director of the Secretariat of the Energy Community for a period of three years.

His term began on December 1.

Prior to his appointment, Artur Lorkowski was Vice-Chairman of the Board of the Polish National Fund for Environmental Protection and Water Management.

Lorkowski was vice-chairman of the Polish National Fund for Environmental Protection and Water Management, which participates in the initiative for the transition of coal regions of the Western Balkans

On behalf of the Polish government, the fund participates in the Coal Transition Coal Areas in Transition Platform Initiative in the Western Balkans and Ukraine. The platform, led by the World Bank, was launched in December 2020.

In the fund, he oversaw the work of the departments of climate change adaptation, water protection, external funds, zero emission transport, monitoring, restructuring and recovery, LIFE, innovation and public aid.

Biography

According to the website of the National Fund for Environmental Protection and Water Management, Artur Lorkowski graduated from the Warsaw School of Economics and the National School of Public Administration.

Between 2018 and 2019, he was the Minister of Foreign Affairs’ special envoy for the climate. Between 2013 and 2017, he was Polish Ambassador to Austria. He has been a member of the foreign service since 2010. Lorkowski was Deputy Director at the Ministry of Foreign Affairs for Energy Security and Climate Change until 2013.

Previously, from 2003, he was deputy director in the office of the Commission for European Integration in charge of sectoral policies. He started working there in 2001.

Artur Lorkowski has been involved in climate change issues since 2006. He advised the President of COP24 at the United Nations Climate Change Conference COP24 in Katowice in 2018 and worked for the Climate Action Summit of the Secretary General of the ‘UN António Guterres in 2019, according to the National Fund. for environmental protection and water management.


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EUROPEAN MIDI BRIEFING – Comments from the CEO of Moderna -2- https://egs-schuetzen.com/european-midi-briefing-comments-from-the-ceo-of-moderna-2/ Tue, 30 Nov 2021 11:18:00 +0000 https://egs-schuetzen.com/european-midi-briefing-comments-from-the-ceo-of-moderna-2/ In its first quarterly report since listing on Nasdaq Stockholm, Volvo Cars said third quarter production was around 50,000 cars lower than the previous year, while preliminary figures for November show sales volumes. around 52,000 cars, down from the year due to production and stock building in transit. SAS fourth quarter net loss narrowed as […]]]>

In its first quarterly report since listing on Nasdaq Stockholm, Volvo Cars said third quarter production was around 50,000 cars lower than the previous year, while preliminary figures for November show sales volumes. around 52,000 cars, down from the year due to production and stock building in transit.

   
 
 

SAS fourth quarter net loss narrowed as demand continued to rise

Scandinavian airline SAS AB said on Tuesday its net fourth quarter tax loss narrowed as customer demand and ticket sales continued to rise, but warned that uncertainties over the course of the pandemic of Covid-19 remained.

For the quarter ended Oct. 31, the carrier posted a net loss of SEK 744 million ($ 81.7 million) from a loss of SEK 2.57 billion a year earlier, as revenue rose 90% to reach SEK 5.76 billion.

   
 
 

Schneider Electric sets targets for 2022-24

Schneider Electric SE set targets for the 2022-24 period on Tuesday before the start of its capital markets day.

The French energy management and automation specialist said it is aiming for organic growth of 5% to 8% of its revenue on average over the period, and that it expects to free cash flow of approximately € 4 billion ($ 4.52 billion) by 2024.

   
 
 

Inditex names founder’s daughter as president

Industria de Diseno Textil SA announced on Tuesday that Marta Ortega Perez, the daughter of the founder of the Spanish fashion group, will become its president.

Ms Ortega will succeed Pablo Isla Alvarez, executive chairman since 2011, who will step down as of March 31, 2022, the company said. Ms Ortega’s father, Amancio Ortega, founded the A Coruña-based company, which owns fashion brands such as Zara and Pull & Bear.

   
 
 

US and allies assess response to build-up of Russian military around Ukraine

RIGA, Latvia-NATO foreign ministers meet here on Tuesday to calibrate a response to Russia’s military build-up around Ukraine, seeking to deter the Kremlin from any potential assault while clarifying the limits of its support .

Concern over Russian build-up has increased in recent weeks. The United States has informed its allies that Moscow may launch a new military operation in Ukraine, after its capture of Crimea and the covert invasion of its neighbor’s east in 2014. Russia, which wants to bring back the old republic Soviet in its orbit, says it has no plans to invade and can move troops as it pleases on its sovereign territory.

   
 
 

Iran doubles down on demands as nuclear talks resume

VIENNA-Iran has made numerous demands as it resumed talks with the United States and other world powers to salvage the 2015 nuclear deal on Monday, doubling down on its stance before negotiations begin in the spring and putting it high. doubts about a rapid breakthrough.

The talks, which are taking place in the Austrian capital amid a strict coronavirus lockdown, aim to agree steps Iran and the United States will take to comply with the 2015 agreement, which lifted most international sanctions against Tehran in exchange for strict but temporary sanctions. restrictions on Iran’s nuclear work.

   
 
 

Omicron variant leads to increase in hospitalizations for Covid-19 in South Africa hot spot

JOHANNESBURG-The emergence of the Omicron variant of the coronavirus in South Africa has led to a sharp increase in hospitalizations for Covid-19 in the country’s hot-spot province over the past two weeks, although fewer patients are being treated for more serious illness than in previous outbreaks, the country’s National Communicable Disease Institute said.

There have also been an unusually high number of hospitalizations of children under 2 around the capital, Pretoria, where cases have started to increase first, although some of these may be precautionary measures , indicated the institute.

   
 
 

Turkish lira crisis reveals dependence on imported energy

Turkey’s currency crisis has exposed a key weakness in its economy: an almost total reliance on imported energy to keep households warm and the buzz of factories.

Turkey is surrounded by some of the richest fossil fuel reserves in the world, in the Middle East and Central Asia, but itself produces little oil, gas or coal. The country imports 93% of the oil and 99% of the gas it consumes, a vulnerability when energy prices in dollars rise and the lira tumbles.

   
 
 
   
 
 

WORLD NEWS

Covid-19 Omicron variant threatens US and global economies

The global economy could take a modest blow from the Omicron variant of Covid-19, although the extent of the damage depends on the potency of the strain itself, economists say.

Tourism spending is likely to weaken, as will food and beverage outlets and shopping in stores. But compared to the initial wave of Covid-19 in March 2020 and the Delta variant this summer, Omicron’s threat to economies will likely be less severe, economists say, in part because each new strain of the virus has had a reduced economic impact.

   
 
 

Gas prices put pressure on drivers’ finances

Rachel Gould spends $ 50 on gas to take her two children with special needs on the three-hour trip from her home in central Illinois to a hospital in St. Louis. This is an increase of about 60% over the same period last year.

“You have to have gas and pay for it anyway,” said Ms. Gould, who drives a Dodge Caravan that travels 23 miles per gallon.

   
 
 

US power plants run out of coal

A lump of coal would be a welcome gift for many American utilities.

Power plant coal stacks have fallen to their lowest level since the 1970s, and the rush to build up stocks before the heating season has pushed domestic thermal coal prices to their highest levels in addition to a decade.

   
 
 

New Omicron Variant Worsens Inflation Uncertainty, Says Powell

The new variant of the Omicron coronavirus risks intensifying the supply chain disruptions that have fueled a spike in inflation this year, Federal Reserve Chairman Jerome Powell said in testimony released Monday afternoon .

Mr Powell is due to appear before the Senate Banking Committee alongside Treasury Secretary Janet Yellen on Tuesday morning.

   
 
 

China’s manufacturing gauge shows rebound in November

BEIJING-An official indicator of China’s manufacturing industry unexpectedly rebounded towards expansion in November, ending a two-month contraction resulting from an electricity crisis.

The official index of manufacturing purchasing managers rose to 50.1 in November from 49.2 in October, the National Bureau of Statistics announced on Tuesday.

   
 
 

FDA to approve Pfizer-BioNTech Booster for 16-17 year olds

Food and Drug Administration may clear Covid-19 boosters from Pfizer Inc. and BioNTech SE for use in 16 and 17 year olds as early as next week as concerns arise over new, possibly more transmissible variant , according to someone familiar with the planning.

The agency plans to act quickly to respond to a request from companies to authorize recalls for 16-17 year olds, according to a person familiar with the matter. So far, only people 18 years of age and older are eligible for recalls.

   
 
 

Omicron broke into Australia after strict border rules eased

Two days before Australia tightened border controls in response to the new Omicron variant of Covid-19, a woman arrived in Sydney on a stopover flight from southern Africa and visited several stores before ascending the side.

Health officials in New South Wales, the country’s most populous state, said the woman was infected with the Omicron variant of Covid-19. They are now rushing to map his movements and identify contacts in order to prevent the virus from spreading in the community.

   
 
 

Pentagon to investigate 2019 air strike in Syria that killed women and children

WASHINGTON-Defense Secretary Lloyd Austin ordered an investigation into a 2019 U.S. strike in Syria that killed dozens of people, including women and children, but it was only publicly acknowledged by the military that this year, the Defense Ministry said on Monday.

General Michael X. Garrett, who is in charge of the armed forces command, will lead the investigation and examine the number of civilians killed, whether the United States obeyed the laws of war in launching the attack, how the military records such events, and whether anyone should be held responsible for these deaths, Pentagon spokesman John Kirby said.

   
 
 

Write to paul.larkins@dowjones.com

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This article is a text version of a Wall Street Journal newsletter published earlier today.

 

(END) Dow Jones Newswires

November 30, 2021 06:18 ET (11:18 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.


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The Irish Times take on a hidden killer https://egs-schuetzen.com/the-irish-times-take-on-a-hidden-killer/ Sun, 28 Nov 2021 18:00:00 +0000 https://egs-schuetzen.com/the-irish-times-take-on-a-hidden-killer/ Global air pollution, responsible for up to 10 million premature deaths each year, is the greatest threat to the environmental health of human populations. Half of these deaths, concentrated in the developing world, are the result of the consumption and combustion of fossil fuels in the richest countries of the world. The latest Environmental Protection […]]]>

Global air pollution, responsible for up to 10 million premature deaths each year, is the greatest threat to the environmental health of human populations. Half of these deaths, concentrated in the developing world, are the result of the consumption and combustion of fossil fuels in the richest countries of the world. The latest Environmental Protection Agency report on air pollution in Ireland confirms that it is far from confined to distant sprawling mega-cities regularly covered in smog.

Fine particles resulting from the combustion of solid fuels, such as coal, peat and wet wood, remain the main contributor to poor air quality in Ireland, with “worrying localized problems” in cities, towns and cities. cities and even villages, according to the 2021 report. It is estimated to be responsible for 1,300 premature deaths per year. Monitored levels of particulate matter, including PM2.5, were above World Health Organization guideline values ​​at 38 of 67 monitoring stations. Most of them were due to pollution caused by burning solid fuels for home heating. Air pollution associated with city traffic has decreased due to restrictions related to Covid-19.

Now is the time for countries, including Ireland, to systematically comply with higher WHO standards

Hardening of the evidence that poor air quality exacerbates a wide range of conditions, including stroke, heart disease, lung cancer, and chronic respiratory disease – and undermines children’s health in particular – has ultimately led better targeting of atmospheric pollution at the international level.

The health benefits of tackling air pollution are confirmed by a recent analysis by the European Environment Agency showing that the current EU annual limit value for PM2.5 would have left premature deaths unchanged in 2019; while the new, more demanding 2021 WHO air quality guideline would have reduced related premature deaths by at least 58%.

Ireland’s new solid fuel regulations which come into force in 2022 – where charcoal products sold will have to be ‘low smoke’ and the wood will have to have a moisture content of 25% or less – will help. However, the time has come for countries, including Ireland, to systematically comply with the more demanding standards of the WHO.


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Oil prices crash as Covid does what Biden couldn’t https://egs-schuetzen.com/oil-prices-crash-as-covid-does-what-biden-couldnt/ Fri, 26 Nov 2021 20:00:00 +0000 https://egs-schuetzen.com/oil-prices-crash-as-covid-does-what-biden-couldnt/ Renewed Covid fears have managed to do what Biden failed to do, pushing oil prices down as a new wave of demand destruction looms. Friday, November 26, 2021 Oil prices had one of their worst trading days in recent memory on Friday, plunging more than 10% across the board amid fears that a new variant […]]]>

Renewed Covid fears have managed to do what Biden failed to do, pushing oil prices down as a new wave of demand destruction looms.

Friday, November 26, 2021

Oil prices had one of their worst trading days in recent memory on Friday, plunging more than 10% across the board amid fears that a new variant of COVID-19 discovered in southern Africa could dampen growth economic and triggered another collapse in demand. After the spectacular failure of the SPR release, which instead of pushing prices up has driven them up, new COVID-19 concerns have now led to President Biden’s goal. OPEC + could still have its say on this, as the group’s meeting on December 2 could lead to a reduction in production targets for 2022.

China remains without commitment on the release of SPR. Despite repeated talks with the US government, China has rebuffed President Biden’s calls to “do more” and said it will coordinate its own strategic stock releases according to its needs, dampening the enthusiasm of market bears. .

The OPEC Panel finds the US SPR’s publication superficial. Council of the OPEC Economic Commission estimates that the SPR releases carried out by the United States and its partners will only inflate the global crude surplus in the first quarter of 2022, potentially paving the way for a slower-than-expected OPEC + production rollout.

The US Treasury gives Chevron more time to leave Venezuela. The US Treasury Department expanded the licenses of Chevron (NYSE: CVX) and drilling companies Halliburton (NYSE: HAL) and Schlumberger (NYSE: SLB) to cease its activities in Venezuela until June 1, 2022, allowing the American major to continue producing for the time being.

The day after Thanksgiving is a great time to give. Every dollar you donate to these food baskets will be multiplied by 10, which means you can do 10 TIMES the difference today. Don’t miss this opportunity to feed those in need.

COVID-related fears are temporarily flattening LNG prices. Spot LNG prices in Asia have stopped climbing amid concerns about the potential impact of the novel variant of the coronavirus, falling to $ 36 per mmBtu (still well above any seasonal average), despite the increase in demand in South Korea and Japan.

Gasoline blend of ethanol hindrance in the United States. Supply chain disruptions, mainly delays in rail transport coupled with high prices of outright ethanol, have bringEthanol inventories on the east coast of the United States are at a low of nearly 7 years, complicating the blending of gasoline for which ethanol is the main component.

Lebanon relaunches second round of licensing. Lebanon relaunched its 2nd offshore license cycle for eight remaining blocks, following several COVID-related postponements, seeking to attract more oil majors, with TotalEnergies (NYSE: TTE), ENI (NYSE: E), and Novatek (MCX: NVTK).

Petrobras is increasing its investments for the next investment cycle. Brazil’s national oil company Petrobras (NYSE: PBR) increase its upstream investment spending to $ 68 billion for the period 2022-2026, seeking to increase overall production to 2.6 million b / d by 2026, up 500,000 b / d from its current production levels.

Argentina’s YPF is looking to expand into lithium. The Argentine state oil company YPF (NYSE: YPF) spear talks to a leading Chinese producer of electric vehicle batteries CATL (SHE: 300 750) with the aim of forming a strategic partnership in lithium production, just weeks after the Chinese company’s bidding up for Argentinian lithium miner Millennial Lithium.

The prices of natural gas in the United States continue to rise. Despite a shorter than usual trading week, US natural gas Henry Hub futures rose 5% on the week – to $ 5.16 per mmBtu – as the outlook for colder weather triggered expectations of higher heating demand.

China is interested in the lithium potential of Afghanistan. Several Chinese companies have begin on-site inspections of potential lithium projects in Afghanistan, Jiangxi Copper (SHA: 600362) having already taken over the country’s largest copper mine at Mes Aynak in September.

The EU seeks to ban routine methane flaring. In a draft regulation due to be released on December 14, the European Commission will establish guidelines for reporting methane in Europe, aiming for maximum transparency, simultaneously banning ventilation and routine flaring in member countries.

China opts for technologies from coal to chemicals. China Energy Group, the Asian power plant’s largest coal producer, has started production at its 400,000-ton-per-year ethylene glycol coal plant in Shaanxi, having already started a nearby methanol coal project.

Indonesia could cut its tin exports by 2024. Indonesian President Joko Widodo declared the Southeast Asian country could halt exports of unrefined tin in 2024, being the world’s second-largest producer, as it seeks to persuade international investors to locate their metal refining plants there.

EU carbon prices are skyrocketing. European Union carbon prices hit a record high this week, reaching € 75 per metric tonne of CO2 on Thursday, following the German government announcement that it would seek to introduce a carbon price floor of € 60 per metric tonne of CO2. metric ton in the coming years.

By Tom Kool for Oil Octobers

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European Commission announces results of its large-scale Innovation Fund projects https://egs-schuetzen.com/european-commission-announces-results-of-its-large-scale-innovation-fund-projects/ Thu, 25 Nov 2021 10:11:04 +0000 https://egs-schuetzen.com/european-commission-announces-results-of-its-large-scale-innovation-fund-projects/ Following the first call for large-scale projects, defined as projects with an investment of 7.5 million euros or more, the European Commission announced the first seven projects shortlisted for a grant. These projects aim to bring to the market “breakthrough technologies in energy-intensive industries, hydrogen, carbon capture, use and storage and renewable energies”. The seven […]]]>

Following the first call for large-scale projects, defined as projects with an investment of 7.5 million euros or more, the European Commission announced the first seven projects shortlisted for a grant. These projects aim to bring to the market “breakthrough technologies in energy-intensive industries, hydrogen, carbon capture, use and storage and renewable energies”.

The seven selected projects concern CCUS, the fabrication of photovoltaic cells, the conversion of non-recyclable solids into useful chemicals, the use of hydrogen in iron reduction and the switch from gray to green hydrogen. to reduce carbon intensity. transportation fuels.

Hybrit Développement AB and Neste Oyj are two of the seven successful companies.

Hybrit Développement AB aims to replace coal-fired blast furnaces with direct hydrogen reduction technology to produce 25% of Sweden annual steel production. According to European Commission, there are around 12 tonnes of steel used for every person in the EU and steel directly employs 330,000 people in Europe and supports 2.6 million jobs. Even so, steel production accounts for a significant proportion (~ 6%) of total EU emissions, so replacing coal-fired blast furnaces is expected to go a long way in reducing these emissions. The switch to hydrogen reduction offers many opportunities for new innovations that could eventually be deployed around the world.

Neste Oyj coordinates a project dubbed SHARC (Sustainable Hydrogen And Recovery of Carbon) aiming to switch from gray hydrogen to green hydrogen and blue hydrogen. As the world’s largest producer of renewable diesel and sustainable aviation fuel refined from waste and residue, Neste’s stated goal is to become the global leader in renewable and circular solutions. This funding should help them support the transport industry by allowing it to continue to use existing infrastructure, but with a lower carbon intensity.

The second large-scale call for projects was launched on October 26, 2021 and closes on March 2, 2022. I can’t wait to see which projects will be successful in the next call. It will be interesting to see if the successful technologies are similar to those in this call or if there will be an evolution to different technologies.

The content of this article is intended to provide a general guide on the subject. Specialist advice should be sought regarding your particular situation.

Sir Giles PinningtonBrands and clerks
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© Mondaq Ltée, 2021 – Tel. +44 (0) 20 8544 8300 – http://www.mondaq.com, The source Company briefing


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Concrete figures: the horror of buses in Bulgaria, Portugal abandons coal, Washington DC the capital of homicides, Myanmar’s “revolutionary” obligations https://egs-schuetzen.com/concrete-figures-the-horror-of-buses-in-bulgaria-portugal-abandons-coal-washington-dc-the-capital-of-homicides-myanmars-revolutionary-obligations/ Tue, 23 Nov 2021 19:52:26 +0000 https://egs-schuetzen.com/concrete-figures-the-horror-of-buses-in-bulgaria-portugal-abandons-coal-washington-dc-the-capital-of-homicides-myanmars-revolutionary-obligations/ The crisis at the Belarusian-Polish border appears to have abated, but is far from over. Thousands of people desperate to enter the European Union remain stuck in the border area, waiting for Poland to at least consider their asylum claims. Where are things now and who are the main players hoping to reach? Lukashenko from […]]]>

The crisis at the Belarusian-Polish border appears to have abated, but is far from over. Thousands of people desperate to enter the European Union remain stuck in the border area, waiting for Poland to at least consider their asylum claims.

Where are things now and who are the main players hoping to reach?

Lukashenko from Belarus: Accept me as i am

President Alexander Lukashenko – affectionately known as “the last dictator in Europe” – created the current crisis in facilitate dozens of flights to Minsk from refugee hotspots in Iraq, Syria and Turkey. Through an organized campaign that began in June, his government lured thousands of migrants to Belarus with the promise of eventual resettlement in the EU.

Why? By triggering a migration crisis, Lukashenko wanted to put pressure on Brussels to recognize his presidency, which the EU refuses to do since the strong man rigged presidential elections last year, unleashed a brutal crackdown on peaceful protesters and hijacked an EU flight.

So far, Lukashenko’s bet has not worked out. German Chancellor Angela Merkel has made a point of calling him “Mr Lukashenko” rather than “President” in recent appeals, which has made him feel very invisible. Meanwhile, Washington and Brussels actually hit Minsk with Following sanctions in recent weeks, although some have applied to travel agencies, transport companies and airlines that have transported migrants from the Middle East to Eastern Europe in recent months, rather than directly targeting Lukashenko and his acolytes.

European Union: false indignation

Since then, things have calmed down somewhat, with Minsk giving in to pressure to wipe out some processing centers at the Polish border, as well as curb inbound flights.

But these developments do not address the issue of what to do with migrants who remain at the border. While some have already been referred to Iraq, thousands of people remain stranded in swamp forests as Polish and Belarusian forces continue to wage war. The border death toll is now 10 – and it’s climbing.

The fundamental problem is that six years after the 2015 refugee crisis, the EU still does not have a coherent or effective policy on how to deal with migrants, leaving much, in practice, to Member States. individual.

The European Commission had previously offers a large-scale immigration plan based on “a compulsory solidarity mechanism”, which would oblige each member state to welcome asylum seekers, as well as to share the burden of financing medical supplies and equipment in the areas of arrival.

But this proposal has yet to be unanimously approved in the European Council after consultation of the Parliament (a very convoluted process). The impasse persists as some state governments have opposed measures that would force countries to take in refugees and the EU remains powerless to force them.

But it’s not just the so-called “illiberals” in Poland and Hungary who feel this. Data shows that EU residents overall view immigration from outside the bloc as presenting more a “problem” (38%) than an “opportunity” (20%).

Meanwhile, migrants at the border remain in limbo. Warsaw – with the support of the Polish constituency – continues to double its intransigent position. Human rights groups claim that Poland’s actions violate the Universal Declaration of Human Rights, which states that everyone has the right to seek asylum from persecution. But even if the President of the European Commission, Ursula von der Leyen, wants Poland to de-escalate, at least allowing some migrants to be treated in the EU, she continues to strongly back Warsaw in its ongoing dispute with Minsk.

And now? Lukashenko says he is not seeking to oppose the EU any more, that he noted would make “war inevitable”. So far, the EU is not backing down, saying it is Minsk’s responsibility to end the current crisis.

It is increasingly clear that the EU, for its part, has no mechanism to force member states to welcome migrants, even though migration remains a critical bloc-wide issue, especially more than a great refugee crisis is already brewing in Afghanistan.



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Our fight against climate change begins with the export of American natural gas to replace coal https://egs-schuetzen.com/our-fight-against-climate-change-begins-with-the-export-of-american-natural-gas-to-replace-coal/ Mon, 22 Nov 2021 00:02:58 +0000 https://egs-schuetzen.com/our-fight-against-climate-change-begins-with-the-export-of-american-natural-gas-to-replace-coal/ GLASGOW, SCOTLAND – NOVEMBER 02: US President Joe Biden speaks during action on forests and land … [+] Use the event on day three of COP26 on November 2, 2021 in Glasgow, Scotland. 2021 will see the 26th United Nations Climate Change Conference. The conference will run from October 31 for two weeks and end […]]]>

Unsurprisingly, natural gas emerged “largely unperturbed” at COP26 because policies for cleaner air and the reduction of greenhouse gas emissions to combat climate change will continuously support its use.

With 50% less CO2 emissions than the main competitor coal, gas will also remain the main backup fuel for the natural intermittence of wind and solar.

The US Department of Energy modeled in October that global gas demand will increase by more than 30% to reach 186 trillion cubic feet by 2050.

The liquefied natural gas (LNG) trade, of course, has been seen as the fastest growing commodity, and Morgan Stanley say that Global demand for LNG could increase by up to 50% by 2030.

As a reminder, at nearly 50 Gcf / d, LNG now represents 13 to 15% of the global gas market.

The evolution of gas replacing coal in an overwhelming majority of countries based in China and India is our most essential goal in the fight against climate change.

In the United States, for example, a 2020 study from the University of California at San Diego (thanks to my former employer!) found that shutting down hundreds of coal-fired power plants and replacing them with natural gas power plants saved thousands of lives across the country.

Reliable, abundant and affordable, BP World Energy Statistical Review 2021 reports that the world has approximately 6,645 billion cubic feet of proven natural gas reserves, a 35-40% jump from 2000.

With more and more suppliers such as the United States, this expanding sea of ​​available gas is bolstering the huge growth in demand around the world.

China will increase its gas network by 60% by 2025 and India plans to double the length of its gas transmission network.

For the United States, where the shale revolution made gas prices among the lowest in the world, S&P Global tracks 45 new pipelines will be commissioned over the next five years, and 16 of them are linked to LNG export terminals.

The largest gas producer (~ 94 Gcf / d) and growing exporter of LNG (9-11 Gcf / d of LNG today), the United States now has six LNG export terminals, and this figure is expected at least double over the next few years. .

Estimates from our Department of Energy generally indicate that new US gas production exceeds new US demand by a margin of 2 to 1, leaving a lot to export.

And many more Democrats are supporting US LNG as a substitute for coal around the world than many want you to know: “DOE Secretary-designate Granholm signals support for US LNG exports. “

We beat our main competitor of “preferred global supplier” which also offers democratic, unattached, cleaner and more predictable procurement from the world’s best energy companies.

Namely, the United States accounts for over 40% of global LNG projects pending a final investment decision, Canada at around 25% and Australia at just 5%.

And from a moral standpoint, US LNG exports are helping alleviate deepening global energy poverty.

Although I am well intentioned, these COP climate summits have become notorious for always ignoring the elephant in the room: abject poverty made possible by starvation of energy.

In the West, we are “fully energy rich” and simply don’t have to see the world’s biggest problem: the vast majority of the world is “not energy poor”.

The decline in LNG exports by our domestic users is short-sighted: exports strengthen our gas industry by encouraging more production and new pipelines.

Our industrial and political groups who are trying to block LNG exports do not think enough: somewhere, Adam Smith is nodding to them.

A key study I just explained it for oil: “IHS Markit: Banning US crude oil exports would likely raise gasoline prices, not lower them.”

The rise in US gas prices since June is not the result of an increase in exports but comes more from the media, traders and oil experts (the latter being limited when it comes to gas because gas, unlike the oil, is NOT a global commodity but always a globalized commodity) creating a link between the two (Figure 1).

In other words, Asian and European prices that recently climbed above $ 50 shouldn’t have pushed our own prices up because our exports have been high but mostly stable for months – with terminals of LNG operating near full capacity.

Even with world gas prices reaching record highs, there has not been a sudden surge in US exports to raise our own prices as we have not had the capacity to export more.

Power generation, industry (e.g. manufacturing) and LNG as a bunker fuel for ships are all high growth opportunities for natural gas – where gas is used more to replace fuels at higher prices. strong emission.

In fact, this year’s global energy crisis and soaring prices are leading many LNG buyers to look for long-term contracts to secure future gas supply, as consumption will increase much more than some of what you know. .

Another example of the continued importance of US gas, Venture Global LNG has just announced a 20-year supply agreement with China’s Sinopec valued at $ 30 billion.

India also hosted a record amount US LNG, with our sellers always looking for the flexibility that is vital to combine longer term and shorter term contracts to attract new customers.

China and India are firmly in the “too big to fail” category, with high expectations of how their demand will grow over the next few decades, regardless of the circumstances.

S&P Global confirms the real takeaway from COP26: “More climate finance, less coal could skyrocket U.S. natural gas exports. “

And for any buyer, the larger our LNG contracts, the more we contribute to reducing potential future CO2 emissions.

This year’s energy crisis is already causing a retrograde return to coal, which is very telling, even in Europe and the we

Being realistic about energy policy means recognizing that “anti-gas” positions are really only “pro-coal” positions.

Time is running out: Bloomberg reports that global CO2 levels have returned to pre-pandemic levels.

The demand for electricity in the still developing world (over 6.7 billion people) is growing so rapidly that even a sharp increase in gas consumption (figure 2) still causes gas to lose market share in favor of coal, the main source of energy (Figure 3).

The Rich and Fully Developed West (OECD) has provided the example of the evolution of coal replacing gas for power generation.

And remember that the International Energy Agency attributed this replacement of coal to gas as the reason the United States has been the climate leader in reducing CO2 emissions the most of any country – without the stifling regulations and insanely high prices that Europe fails with.

Climate conferences like COP26 never go as expected because of one fact: 85% of the planet is poor and a lot more energy is needed – and it has to be inexpensive and reliable because human development has priority.

Coal accounts for more than half of the energy used in some of these poor countries and more than 60% of the electricity, so the Western mandate of “only wind, only solar” is a solution for absolutely nothing. ,

Already bombarded by the ongoing economic destruction of Covid-19, neither has the Intergovernmental Panel on Climate Change carbon tax recommendation $ 200 per tonne and rising to $ 27,000 per tonne by 2100.

Indeed, in terms of relying so heavily on weather-dependent energy, Brazil currently presents a gigantic problem for politically favored renewables: climate change makes them even less reliable.

In a changing climate, a greater emphasis on weather-dependent energy actually means MORE, not less, natural gas.

Hydropower is both much more established and reliable than wind and solar, but climate change is do it less available to generate electricity.

With hydroelectricity production more than 75% of Brazil’s electricity, climate change is putting the country in the grip of the worst drought in a century.

This has made Brazil the largest importer of LNG in the United States for three consecutive months.

Closer to home, low levels of hydropower due to climate change left Green California with the need to build five more natural gas power plants to keep the lights on.

For all these reasons, we must remain at the heart of our climate concerns: gas technologies, which are still emerging as the centerpiece of the low-carbon energy transition strategy.

For natural gas, here are some of the options needed for net zero goals:

  • Carbon capture and storage have become a priority for the gas industry, including for the huge LNG construction.
  • Gas transport and storage infrastructure can be prepared for mixing hydrogen and transporting pure hydrogen, at a much lower cost than building new specially designed hydrogen networks.
  • As I explained before, carbon neutral LNG shows how innovative the industry continues to become to improve sustainability and ESG positioning.
  • Canary project and Responsably Sourced Gas are game-changing and will make gas the fuel of choice in a decarbonizing world, also making the United States a “preferred global supplier” for natural gas.

Gallery: John HancockVoice: Meet the company that turns food waste into energy

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Five Big Lies About Climate Change, COP26 Takeaways and a Conversation with Chile’s Energy Minister Juan Carlos Jobet https://egs-schuetzen.com/five-big-lies-about-climate-change-cop26-takeaways-and-a-conversation-with-chiles-energy-minister-juan-carlos-jobet/ Sat, 20 Nov 2021 13:00:00 +0000 https://egs-schuetzen.com/five-big-lies-about-climate-change-cop26-takeaways-and-a-conversation-with-chiles-energy-minister-juan-carlos-jobet/ This week Current climate, which every Saturday brings you a balanced vision of the news of sustainable development. Sign up to receive it in your inbox every week. The United States House of Representatives finally passed the Rebuild Better Act, legislation containing key provisions to combat climate change, such as a levy on methane emissions, […]]]>

This week Current climate, which every Saturday brings you a balanced vision of the news of sustainable development. Sign up to receive it in your inbox every week.

The United States House of Representatives finally passed the Rebuild Better Act, legislation containing key provisions to combat climate change, such as a levy on methane emissions, a harmful pollutant released from oil and gas wells, livestock farming and other activities. He still faces an uncertain route through the Senate before reaching President Joe Biden’s office, but now is not the time to delay critical political action.

Political action is also the subject of this week’s climate talks, where Chilean Energy Minister Juan Carlos Jobet discusses the country’s plans for phase out coal-fired electricity– and his reaction to the last minute change of language in the Glasgow Climate Pact.

What sustainability issues would you like to know more about? Fill out the form and Current Climate will provide you with answers.


Five major themes of climate disinformation

Researchers who have examined more than two decades of climate change denial and misrepresentation have found five main themes and a shift in strategy: Currently, most of the climate misinformation focuses on undermining research on climate and proposals to moderate and prepare for climate change.


Progress

Breathe clean air was recently recognized as a human right, but it is not listed among the rights of the child in the United Nations Convention on the Rights of the Child (UNCRC). A global campaign supported by more than 29,000 young people took another step towards change.

White House plans to ban road construction and logging on 9 million acres of Tongass National Forest in Alaska, restore a set of restrictions for the world’s largest remaining temperate rainforest, lifted by the previous administration.

Challenges

The world has already seen global temperatures rise 1.1 degrees Celsius above pre-industrial levels. British Columbia, which has experienced a heat dome, forest fires and flooding for the past six months, is witnessing the consequences of ongoing global warming.

French wine production this year was the lowest in more than 60 years due to a series of climate change-induced weather events that wreaked havoc on the country’s famous vineyards.


Climate talks

During COP26, the Chilean Minister of Energy Juan Carlos Jobet formally committed his country to end use of coal energy– which currently constitutes about 40% of the Chilean energy mix — by 2040, with half of the coal-fired power plants shut down by 2025. Chile is also one of the 22 countries (as well as the European Union) who have joined Mission Innovation, a global initiative to leverage public and private sector investment in research, development and demonstration of clean energy technologies.

What was your reaction to the last minute language change in the final COP26 deal, now calling for the “phasing out” of coal and fossil fuel subsidies?

I’m a little disappointed. We leave with mixed feelings. We have made good progress on phasing out coal, deforestation and methane. Article Six of the Paris Agreement was finally approved. We have seen a great commitment from financial institutions. But I think the final change in the wording of this agreement is bad news. Coal is the main source of emissions. We have to go faster there. But the developed world was also unable to come to an agreement on the $ 100 billion. [in climate finance towards developing countries] this was agreed several years ago. This tension between rich and developing countries is at the heart of what we need to resolve.

What do you think of the countries that have not yet made a commitment to phase out fossil fuel sources from their energy mix?

Chile has many renewable resources to generate electricity to generate cheap and clean electricity, which is not the case in all other countries. Every country is different, but we have to try harder. What we will or will not do over the next five to ten years is the bar by which our children and grandchildren will judge us. And that’s why I think we need to boost innovation, research, development, the deployment of clean energy all over the world.

Some believe the markets will phase out coal without government intervention. Is this too optimistic a view?

The cost of producing electricity with renewables today in many parts of the world is already cheaper than the cost of producing electricity with coal, but the problem is that we do not have solar electricity and 24 hour wind turbine. It’s a challenge that will take time to solve: we need batteries to be cheaper, we need concentrated solar power projects to work with renewable energies. These technologies, if they become cheaper, will allow us to replace coal, natural gas and other [fossil fuels]. Before that happens, we need regulation to increase the cost of generating electricity with coal. The carbon tax, or carbon pricing, is a very good tool to do this. So in the long run it might be true, but we don’t have time to wait.

What steps has Chile taken to prepare to move away from coal that other countries considering this transition should follow?

The first thing we did was we came to the conclusion that it was unfair to continue to burn coal. This is the first thing you must do! After that my suggestion is to bring everyone on board. It’s not something a government can decide in a boardroom with five guys around the table. At the beginning of 2018, we organized a group of representatives of the government, professional associations, labor unions, because there are people who are going to lose their jobs, local communities, etc. Be sure to take into consideration the concerns, fears and interests of all parties. The result won’t be perfect, but you need to have enough support to sustain these efforts over a long period of time. You also need a schedule based on good data and rigorous analysis. If you remove the charcoal too quickly and increase [energy] price to consumers, you could harm consumers and suffer a backlash that could slow down the process.

Will coal be entirely replaced by solar and wind or will there be a surge in oil and natural gas, and do you see nuclear playing a role in the energy mix as well?

We believe that natural gas will play an important role during the transition, but by 2050 we will hardly have any fossil fuels left in the grid. We believe that given the potential we have with solar and wind power and concentrated solar power, we won’t need nuclear power, but every country is different.


Lessons we should learn from COP26

The 26th United Nations Climate Change Conference made little progress in preventing global temperatures from rising above 2 degrees Celsius, but there are at least four points to remember as attention turns to the COP27 in Egypt.


On the horizon

Even a very low carbon price would provide most farmers and herders with more income than raising animals for slaughter, according to the scientist who founded Impossible Foods.


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Crypto miners worsen energy crisis in Kazakhstan https://egs-schuetzen.com/crypto-miners-worsen-energy-crisis-in-kazakhstan/ Thu, 18 Nov 2021 18:30:00 +0000 https://egs-schuetzen.com/crypto-miners-worsen-energy-crisis-in-kazakhstan/ Energy demand is high and supplies are low from Europe to Asia. Many countries in the European Union have adopted emergency measures to help their most vulnerable citizens survive a winter of skyrocketing energy bills. China is back in force to coal while India threatens to run out of it altogether. Supply chains are disrupted […]]]>

Energy demand is high and supplies are low from Europe to Asia. Many countries in the European Union have adopted emergency measures to help their most vulnerable citizens survive a winter of skyrocketing energy bills. China is back in force to coal while India threatens to run out of it altogether. Supply chains are disrupted around the world and inflation is on the rise around the world. In Kazakhstan, the government has kept energy prices artificially low, but this has created an unforeseen new challenge: The rise in cryptocurrency mining is now worsening the energy crisis.

Mining cryptocurrencies such as Bitcoin requires huge amounts of energy. The process involves solving extremely complex “proof of work” calculations that require massive amounts of computational energy. To secure cryptocurrencies and keep the production rate stable, these puzzles become more and more difficult to solve as people try to mine them. This means that mining a Bitcoin is much more computationally intensive today than it was five years ago, resulting in a rapid expansion of the crypto asset’s energy footprint as more and more people begin to mine, increasing the level of difficulty and the energy cost of mining itself.

Bitcoin’s global energy footprint is now 117.0 TWh per year, higher than that of the Netherlands and barely smaller than Argentina, a country of over 45 million people. Cryptocurrencies are now increasingly monitored for their ecological impact and the threat they pose to climate change mitigation goals. Now some governments are starting to crack down on crypto, due to the threats it poses to the climate as well as established currencies and the global economy as a whole. Even China, which was once synonymous with the large-scale Bitcoin mining sector, imposed a general ban on cryptocurrency trading and mining in September.

Now, Chinese crypto miners are flowing onto the border with neighboring Kazakhstan, where energy is cheap and government agencies are ill-equipped to eradicate illegal mining operations. Apparently overnight, Kazakhstan found itself hosting the second largest crypto industry on Earth, after the United States. Today, mining operations for legal “white” and illegal “gray” cryptocurrencies are drying up Kazakh networks at the height of a global energy crisis.

Advocates of cryptocurrency, and in particular of Bitcoin, have argued in the past that operations are largely powered by renewable energy and that their carbon footprint is overstated – a claim based on questionable grounds. In Kazakhstan, however, it is not claimed that crypto-mining is powered by clean energy. The country is almost entirely powered by coal, and the recent proliferation of cryptocurrency mining will make it virtually impossible for the country to meet its climate goals. “What we have in Kazakhstan is a heavy dependence on coal at very low prices … But it creates very big problems in fulfilling the obligations that Kazakhstan has taken regarding the greening of the country. economy, ”says Eric Livny, regional economist at the European Bank for Reconstruction and Development.

Reuters reports that a Kazakh crackdown on crypto mining operations is imminent. While many of these illegal operations may be well hidden in basements or abandoned warehouses, experts say they can be located using satellites equipped with heat-sensing technologies. “I think we will have the directive [limiting power to unregistered miners] released before the end of this year, because this issue cannot be delayed any longer, ”Kazakh Deputy Energy Minister Murat Zhurebekov said earlier this month.

Whether or not Kazakhstan is in a position to crack down on cryptocurrency mining, it is unlikely to make a lasting dent in the cryptocurrency market. Miners will just as easily shop and move on to the next unsuspecting market. With a business as decentralized as cryptocurrency, attempts to regulate emissions or tax energy use are useless. Tackling this pernicious problem will require creative problem solving and a globalized effort.

By Haley Zaremba for Oil Octobers

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