Connect with us

Published

on

Courtesy of Union Of Concerned Scientists
By Rachel Cleetus

The G-7 Leaders’ Summit is underway, from June 11–13, in Cornwall, UK. As host nation for this summit, and the annual climate talks later this year (also known as COP26), the UK will clearly be elevating the need for climate action, alongside dealing with the COVID-19 pandemic and trade issues. One priority that must get urgent attention: richer nations need to make concrete commitments to increasing climate finance for developing countries. Here in the US, 48 groups, including the Union of Concerned Scientists, have just sent a letter to Congress calling for increased funding for climate finance in the federal budget.

President Biden. Image courtesy of White House, via Union of Concerned Scientists

The G7 Leaders’ Summit must prioritize climate finance

At the summit, the leaders of the G-7 countries — the UK, USA, Canada, Japan, Germany, France and Italy, and the EU — will be joined by guest nations Australia, India, South Korea, and South Africa. Tackling climate change is one of the four policy priorities on the agenda.

Ahead of the Leaders’ Summit, the finance ministers of the G-7 nations met last week. The highlight of that meeting was the announcement of a commitment to a global minimum tax rate of 15 percent for major corporations. In a statement, US Treasury Secretary Janet Yellen said: “That global minimum tax would end the race-to-the-bottom in corporate taxation, and ensure fairness for the middle class and working people in the US and around the world.”

However, in terms of climate outcomes, the Finance Ministers’ Communique was disappointing. There were vague mentions of commitments to achieving net-zero emissions by mid-century and no major new financial commitments for clean energy investments or adaptation needs in developing countries, raising the stakes for more concrete actions at the Leader’s Summit and ahead of COP26.

On international climate finance, specifically, the text stated:

“We commit to increase and improve our climate finance contributions through to 2025, including increasing adaptation finance and finance for nature-based solutions. We welcome the commitments already made by some G7 countries to increase climate finance. We look forward to further commitments at the G7 Leaders’ Summit or ahead of COP26. We call on all the Multilateral Development Banks (MDBs) to set ambitious dates for Paris Alignment ahead of COP26, and welcome their work supporting client countries.”

The unfair and worsening toll of climate impacts

Worldwide, climate impacts are unfolding in terrifying and costly ways. Worsening heat waves, floods, droughts, tropical storms and wildfires are taking a mounting toll on communities and economies.

Last month, for example, the unusually intense Cyclone Tauktae struck the coast of Gujarat in India, after traveling up the western coast causing heavy rainfall and floods. The cyclone took the lives of over 100 people, including 86 at an offshore oil and gas facility. Tauktae was the fifth strongest Arabian Sea cyclone on record, with peak winds of 140 mph, and tied for the strongest Arabian Sea landfalling cyclone. This latest storm is part of a trend toward increasingly frequent and powerful storms in the Arabian Sea that scientists have attributed to climate change, and that is expected to worsen.

And in a new ground-breaking study, researchers found that across 43 countries, 37 percent of summer heat-related deaths can be attributed to human-caused climate change. In several countries, including the Philippines, Thailand, Iran, Brazil, Peru, and Colombia, the proportion was greater than 50 percent.

The bottom line is that many developing countries that have contributed very little to the emissions that are fueling climate change are bearing the brunt of its impacts. Richer nations, like the United States, which are responsible for the vast majority of cumulative carbon emissions to date, must take responsibility for the harm being inflicted on poorer nations.

Climate finance is also desperately needed for developing countries to make a low-carbon transition. To have a fighting chance of limiting some of the worst climate impacts, the world will have to cut heat-trapping emissions in half by 2030 and achieve net-zero emissions no later than 2050. The recent IEA net-zero by 2050 report points out that this is both feasible and affordable — as long as we make proactive, intentional investments in clean energy and curtail fossil fuels now, globally. That includes investments in decarbonizing every sector of the global energy system. It also means providing electricity to the 785 million people who currently do not have access, and clean cooking solutions to the 2.6 billion people who need them, most of whom live in developing countries — two priorities which the IEA estimates could be achieved by 2030 at a cost of about $40 billion a year and would deliver tremendous public health and economic benefits.

The necessary scale of international climate finance

In 2009, at the annual climate talks in Copenhagen, richer nations pledged to raise $100 billion a year to help developing countries cut their carbon emissions and adapt to climate change. Over ten years later, they have fallen woefully short.

The UNEP Adaptation Gap Report 2020, points out that “Annual adaptation costs in developing countries alone are currently estimated to be in the range of US$70 billion, with the expectation of reaching US$140–300 billion in 2030 and US$280–500 billion in 2050.”

Here in the US, the Biden administration and Congress must step up and ensure that this year’s federal budget includes a significant down payment on a US fair share contribution to climate finance, ahead of COP26. Forty eight groups, including the Union of Concerned Scientists, have just sent a letter to Congress, calling for a Fiscal Year 2022 allocation of at least $69.1 billion to support critical development goals and dedicating at least $3.3 billion of that for direct climate change programs as a step towards significantly increased international climate finance.

This is a minimum threshold, and a lot more will be needed in the years to come, including concrete steps from richer countries to recognize and respond to those crushing impacts of climate change that poorer nations simply will not be able to adapt to.

Sharp cuts in carbon emissions needed

Sharp cuts in global carbon emissions remain a core priority, especially with the latest data confirming — again — that we are far off track from where we need to be. While the 2020 economic downturn led to a brief dip in emissions, they are set to rise at a record-setting pace in 2021. Here too, richer nations must do much more. The Biden administration has made a significant commitment, pledging to cut US emissions 50–52% below 2005 levels by 2030, and we must now secure the domestic policies to deliver on that goal, starting with the American Jobs Plan.

An unconscionable gap between the rich and the poor

The gap in climate finance for developing countries is unconscionable. This mirrors the inequity in global vaccine availability, with richer nations stockpiling billions of surplus vaccine doses even as many countries have barely received any. With the climate crisis compounded by the COVID-19 pandemic and the resulting economic crisis, millions of lives are at risk and many more are being driven into poverty.

Just as with the COVID-19 crisis, solving the climate crisis will require collective global action. Equity is at the heart of ensuring the success of our efforts. Richer nations must both make sharp cuts in their own global warming emissions and contribute to climate finance for developing countries.


Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.


 



 


Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Continue Reading

Environment

First autonomous electric loaders in North America get to work

Published

on

By

First autonomous electric loaders in North America get to work

Swedish multinational Sandvik says it’s successfully deployed a pair of fully autonomous Toro LH518iB battery-electric underground loaders at the New Gold Inc. ($NGD) New Afton mine in British Columbia, Canada.

The heavy mining equipment experts at Sandvik say that the revolutionary new 18 ton loaders have been in service since mid-November, working in a designated test area of the mine’s “Lift 1” footwall. The mine’s operators are preparing to move the automated machines to the mine’s “C-Zone” any time now, putting them into regular service by the first of the new year.

“This is a significant milestone for Canadian mining, as these are North America’s first fully automated battery-electric loaders,” Sandvik said in a LinkedIn post. “(The Toro LH518iB’s) introduction highlights the potential of automation and electrification in mining.”

The company says the addition of the new heavy loaders will enable New Afton’s operations to “enhance cycle times and reduce heat, noise and greenhouse gas emissions” at the block cave mine – the only such operation (currently) in Canada.

Electrek’s Take

Epiroc announces new approach to underground mining market in North America
Battery-powered Scooptram; image by Epiroc

From drilling and rigging to heavy haul solutions, companies like Sandvik are proving that electric equipment is more than up to the task of moving dirt and pulling stuff out of the ground. At the same time, rising demand for nickel, lithium, and phosphates combined with the natural benefits of electrification are driving the adoption of electric mining machines while a persistent operator shortage is boosting demand for autonomous tech in those machines.

The combined factors listed above are rapidly accelerating the rate at which machines that are already in service are becoming obsolete – and, while some companies are exploring the cost/benefit of converting existing vehicles to electric or, in some cases, hydrogen, the general consensus seems to be that more companies will be be buying more new equipment more often in the years ahead.

What’s more, more of that equipment will be more and more likely to be autonomous as time goes on.

We covered the market outlook for autonomous and electric mining equipment earlier this summer, and I posted an episode exploring the growing demand for electric equipment on an episode of Quick Charge I’ve embedded, below. Check it out, then let us know what you think of the future of electric mining in the comments.

More EVs means more mines, equipment

SOURCE | IMAGES: Sandvik, via LinkedIn.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Contargo logistics adds 20 Mercedes eActros 600 electric semis to fleet

Published

on

By

Contargo logistics adds 20 Mercedes eActros 600 electric semis to fleet

European logistics firm Contargo is adding twenty of Mercedes’ new, 600 km-capable eActros battery electric semi trucks to its trimodal delivery fleet, bringing zero-emission shipping to Germany’s hinterland.

With over 300 miles of all-electric range, the new Mercedes eActros 600 electric semi truck was designed for (what a European would call) long-haul trucking. Now, after officially entering production at the company’s Wörth plant in Bavaria last month, the eActros 600 is reaching its first customer: Contargo.

With the addition of the twenty new Mercedes, Contargo’s electric truck fleet has grown to 60 BEVs, with plans to increase that total to 90. And, according to Mercedes, Contargo is just the first.

The German truck company says it has plans to deliver fifty (50) of the 600 kWh battery-equipped electric semi trucks to German shipping companies by the close of 2024.

Contargo’s 20 eActros 600 trucks were funded in part by the Federal Ministry for Digital Affairs and Transport as part of a broader plan to replace a total of 86 diesel-engined commercial vehicles with more climate-friendly alternatives. The funding directive is coordinated by NOW GmbH, and the applications were approved by the Federal Office for Logistics and Mobility.

Electrek’s Take

Holcim, a global leader in building materials and solutions, has recently made a significant commitment to sustainability by placing a purchase order for 1,000 Mercedes electric semi trucks.
Mercedes eActros electric semi; via Mercedes.

Electric semi trucks are racking up millions of miles in the US, and abroad. As more and more pilot programs begin to pay off, they’re going to lead to more orders for battery electric trucks and more reductions in both diesel demand and harmful carbon emissions.

We can’t wait to see more.

SOURCE | IMAGES: Contargo, via Electrive.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Why tech giants such as Microsoft, Amazon, Google and Meta are betting big on nuclear power

Published

on

By

Why tech giants such as Microsoft, Amazon, Google and Meta are betting big on nuclear power

Data centers powering artificial intelligence and cloud computing are pushing energy demand and production to new limits. Global electricity use could rise as much as 75% by 2050, according to the U.S. Department of Energy, with the tech industry’s AI ambitions driving much of the surge.

Data centers powering AI and cloud computing could soon grow so large that they could use more electricity than entire cities.

As leaders in the AI race push for further technological advancements and deployment, many are finding their energy needs increasingly at odds with their sustainability goals.

“A new data center that needs the same amount of electricity as say, Chicago, cannot just build its way out of the problem unless they understand their power needs,” said Mark Nelson, managing director of Radiant Energy Group. “Those power needs. Steady, straight through, 100% power, 24 hours a day, 365,” he added.

After years of focusing on renewables, major tech companies are now turning to nuclear power for its ability to provide massive energy in a more efficient and sustainable fashion.

Google, Amazon, Microsoft and Meta are among the most recognizable names exploring or investing in nuclear power projects. Driven by the energy demands of their data centers and AI models, their announcements mark the beginning of an industrywide trend.

“What we’re seeing is nuclear power has a lot of benefits,” said Michael Terrell, senior director of energy and climate at Google. “It’s a carbon-free source of electricity. It’s a source of electricity that can be always on and run all the time. And it provides tremendous economic impact.”

After nuclear was largely written off in the past due to widespread fears about meltdowns and safety risks — and misinformation that dramatized those concerns — experts are touting tech’s recent investments as the start of a “nuclear revival” that could accelerate an energy transformation in the U.S. and around the world.

Watch the video above to learn why Big Tech is investing in nuclear power, the opposition they face and when their nuclear ambitions could actually become a reality.

Continue Reading

Trending