Posts by Bill Bovingdon
Kicked off last week on Bloomberg Surveillance to talk through how May 1st is the critical date for the Hormuz blockage to be resolved or lots of pain will come ahead.
youtu.be/3crFvmM5Xi0?...
This little fairywren is looking better now with some fluffed up feathers! #fairywren #bird #birdart #painting
#Hyundai says #EVs now account for 20 per cent of its volumes - up from 3 per cent - due to the surge in interest sparked by the war-induced fossil fuel supply #crisis.
From fires to floods, heatwaves to rising sea levels, different countries will all be impacted in different ways, but the underlying cause remains the same: climate change.
🎥 Video credit: UN Climate Change
Yes the headline should be “minute part of JP Morgan thinks about tipping points”
The first step in solving a problem is understanding what the problem is.
When it comes to climate change, it basically boils down to phasing out greenhouse gas emissions.
But what gases, exactly? And where do they come from?
Here's the latest data.
How is it that a low quality carbon offset (ACCU) is currently trading at 12x the price of a high quality offset (LGC)?
Let's improve 2 key Australian climate policies with a simple policy change to allow 1-way fungibility between ACCUs and LGCs with a suitable conversion factor.
/1
New renewable projects are struggling to reach financial close. Large Scale Generation Certificates (LGCs) have historically helped with project viability & to compensate for a lack of a carbon price. But LGCs are currently worthless, trading at ~$3.
/3
Amazon enters agreements for nine Australian renewable projects to power datacentres
www.theguardian.com/technology/2...
That’s actually impressive
'According to the government’s figures, net emissions fell by 7MT in 2024-25. This will be entirely undone by the North-West Gas shelf expansion – approved during the same period - which will add 7.7 million tonnes to Australia’s Scope 1 emissions each year.'
climateintegrity.org.au/latest/lates...
Something extra interesting about this is that most of the coal power reduction is from the US
A remarkable divergence of strategies that will have profound long term implications, for both these countries - and the world.
Glad to see the Australian government on board. Massive milestone today with Bowen acknowledging EV growth is already offsetting the oil crisis. Increasing reserves while demand falls makes no sense.
Now for a solar carport mandate!
Charge baby charge. ☀️⚡ #Bettrification #EVs
A Japanese researcher just interrupted me in the restroom and said, “are you David Ho?” He proceeded to tell me how much he enjoyed this piece I wrote in Nature. You should read it too. 😄
Tanya Plibersek humiliates Barnaby Joyce after he claims the “safe guard mechanism” was designed to “put refineries out of business”
Plibersek “the refineries closed under you, the safe guard mechanism was introduced under you.”🔥 #auspol
By which he means, stick to matters of other people's morality
Chart showing gas exports and PRRT: 2014-15: Exports $16.9bn PRRT $1.9bn 2024-25: Exports $64.6bn PRRT $1.4bn
Just in case you're wondering why the gas industry hates the idea of a 25% gas export tax and wants to keep the PRRT
Fossil fuel supporters probably wish they hadn't banged on about energy security being more important than emissions
“Scientists have measured the length of summer – defined by climate rather than dates – and found it is expanding by six days every decade globally.”
#climatecrisis
www.smh.com.au/environment/...
Are we heading for ‘super El Niño’ – and what could we expect?
- Experts say climate pattern could supercharge extreme weather events and push temperatures to new record highs
#ElNino #climatecrisis
Explainer by @gabriellecanon.bsky.social
www.theguardian.com/environment/...