Productivity Commission - Low emissions economy
The Productivity Commission has released its draft report - Low emissions economy
Submissions on the draft report are due 8 June with the final report due out in August.
The report is summarised in this document. https://www.productivity.govt.nz/sites/default/files/A3%20Summary%20Briefing_Low-emissions%20economy%20Draft%20report.pdf
The report says that zero net emissions by 2050 is achievable but focuses on high level policies and doesn't put much emphasis on what "low hanging fruit"can be achieved in the short term.
The report outlines the GHG emission reduction opportunities from using waste to produce energy instead of disposing of it to landfill, but fails to understand the opportunities for replacing coal with wood fuel in process energy. The Bioenergy Association will address this in its submission.
All members of the Association are encouraged to make individual submissions so that biomass energy gets recognised in the final report as an opportunity worth Government putting effort into. Those members who submitted on the initial issues pages were listened to and are often quoted in the draft. If you are serious about the bioenergy sector you should be making a submission.
New Zealand's first report on climate finance
The Minister of climate Change Issues, James Shaw has launched New Zealand's first report on climate finance, which aims to shift investment away from the traditional carbon economy and into green alternatives, and would represent a turning point in the way business assesses climate change risk.
New Zealand had typically looked at climate change spending as a sunk cost, he said. "If you stop thinking of it as a cost and start thinking of it as an investment, then inherent in that is a notion of a return." While the ban on offshore exploration was about the end of an era, Shaw said the report was about what came next.
The report outlines the state of climate finance in New Zealand and makes 10 key recommendations. These include tougher disclosure and reporting rules for climate-related financial liabilities. It would effectively embed the disclosure of climate risk into directors' responsibilities.
The recommendation for a green investment fund had already been adopted, with $100 million having been set aside as part of the coalition agreement. Treasury was currently working on a framework for the fund, which it was hoped would incentivise co-investment with the private sector in green initiatives.
Read more here http://www.mfe.govt.nz/publications/climate-change/climate-finance-landscape-aotearoa-new-zealand-preliminary-survey
Ministers welcome another climate change breakthrough at International Maritime Organisation
Climate Change Minister James Shaw and Associate Transport Minister Julie Anne Genter have welcomed the adoption of a maritime greenhouse gas emissions reduction strategy at the United Nations International Maritime Organisation (IMO).
At its recent meeting the IMO agreed a strategy to reduce international shipping emissions by 50 per cent by 2050, compared to 2008 levels, and urgently phase out emissions from shipping this century.
“This is another important breakthrough in the global effort to preserve a safe and stable climate for future generations,” said Mr Shaw.
“There is now clear agreement that international shipping must urgently act to reduce emissions.
NZ Zero Carbon Act
The NZ Government will start public consultation next month to lay the groundwork for a Zero Carbon Act and establish an independent climate change commission. The aim is for a Zero Carbon Bill to be introduced by October, with a target for net zero emissions for the economy by 2050.
Climate Change Position Statement and 2020 Action Plan
Westpac last month published a Climate Change Impact Report which modelled two scenarios for moving to a lower carbon economy.
Azwood celebrates 40 years of supplying fuel to industry
This year also marks 10 years of wood pellet production for Azwood Energy.
Coverage of the webinar on using food processing to reduce GHG and operating costs
There was a large attendance at the webinar on the 18 April by Alzbeta Bouskova where she outlined the opportunities for utilising food processing and other industrial organic waste to produce biogas and fertiliser instead of disposal. It was covered in media stories.
Read the report https://www.bioenergy.org.nz/resource/industrial-wwt-potential
Biogas production potential from municipal wastewater treatment facilities
Report of an investigation for Bioenergy Association of the waste-to-energy opportunities within New Zealand by Calibre, April 2018.
This report describes in detail an innovative solution to successfully:
- Apply sustainable organic waste management practices and derive wastewater treatment cost savings in the process,
- Produce renewable (non-fossil) fuel (biogas) for heat and power generation,
- Attract new "zero carbon" manufacturing business activity and new jobs into NZ regions,
- Assist local businesses to meet their environmental compliance at lowest possible costs,
- Create new "zero carbon" business (employment) opportunities for new regional economic growth
- Produce in the process tradeable carbon certificates (greenhouse gas (GHG) emission reduction),
- Collect new revenue streams for local authorities which partially offset current asset operating costs,
- Increase waste water treatment plant energy efficiencies (energy cost are a major operating costs)
- Reduce waste water treatment plant biosolids (sludge) dewatering costs (another major operating cost)
- Reduce wastewater biosolids (sludge) disposal costs (another major operating cost)
- Improve the stabilisation grade and value of treatment plant sludge to allow unrestricted beneficial re-use.
Using existing urban and regional wastewater treatment assets for the solution at four fold improved efficiency and without additional major capital spend is a main advantage over more conventional approaches for organic waste treatment by anaerobic digestion.
Read the report https://www.bioenergy.org.nz/resource/biogas-from-municipal-wwtf
Note that this report will be discussed at the webinar on 2 May - see events below for details.
BANZ media statements
Ministers have gone deaf
The Productivity Commission might be talking about big things from the energy sector, but the Government doesn't seem to want to know...
More here https://www.bioenergy.org.nz/news/opinion-ministers-have-gone-deaf
Liz Yeaman departing EECA after 20 years
After more than 20 years at EECA, Liz Yeaman has decided to make a change and is moving on to her next career challenge. Liz has made a significant contribution to transport and biofuels over the years. We wish her well in her next endeavours.
"It is clear that biofuels industries can grow economies, particularly in regional and rural areas where there is an abundance of agriculture residue that can be transformed into high-value bio-products.”
Australia has joined the US in its recognition of the economic benefits of bio-based industry, after the Antipodean country claimed that increasing biofuel use there by 10% could create a spike in employment of more than 8,600 and bring billions of dollars of revenue and investment.
NZ ETS reviews.
The Ministry for the Environment (MfE) has released two reports on the New Zealand Emissions Trading Scheme (NZ ETS) market, as well as some new information on the scheme and on NZ’s emissions.
- Provision of information to the NZ ETS – analyses the current information provision in the NZ ETS and offers recommendations on what, how and when information needs to be provided to the market to improve its efficiency.
- Market Governance of the Emissions Trading Scheme: Options and Analysis – explores options for market oversight of the NZ ETS. It addresses whether there is a need for regulation of the market in a similar way to regulation of financial markets, to address potential or actual problems.
The reports provide recommendations on the improvement of information to the market so that it is easier for participants to be involved. The reports will be considered by MfE was it reviews the operation of the ETS.