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Insurance company targeted, £6m investment in cleaning up oil & gas, Indian renewables to raise $1 billion in green bonds

Insurance company targeted, £6m investment in cleaning up oil & gas, Indian renewables to raise $1 billion in green bonds

Anti-coal group pressures US insurers – Business Insurance

Environmental protests aren't limited to the streets of London. Protesters dressed as various insurance industry icons are campaigning against coal at insurance companies across the US. The latest targeted Liberty Mutual, who are involved in a controversial Australian mining project. They've been approached repeatedly about their role in insuring the mine, although they're yet to respond. The protesters belong to "Unfriend Coal", who have had some success in Europe.

Source: Anti-coal group pressures US insurers – Business Insurance

Mining of battery resources to get funding boost, WA’s South West to become REZ under Labor – pv magazine Australia

A $75 million funding boost to Western Australia should see the region become a "resource powerhouse and battery production superpower". Australia has extensive untapped lithium deposits, which are essential components of the batteries we're increasingly depending on. It's estimated two thirds of potential deposits haven't been located as they're underground. The investment will go in part towards funding technologies such as ground penetrating radar to locate the deposits without ripping up the ground first. The announcement is a reminder that renewable energies still depend on mining ore, which carries an environmental cost.

Source: Mining of battery resources to get funding boost, WA’s South West to become REZ under Labor – pv magazine Australia

Oil and gas innovation centre invests £6m – The Scotsman

A £6 million investment should help the Oil & Gas industry reduce waste and the environmental impact of decommissioning platforms. The award is to Targe Environmental Consulting, who are developing an AI based platform to help identify materials that can be reused or recycled. Although Oil & Gas is a "bogeyman" in environmentalism, anything that can help reduce the impact of the industry should be welcome. More so when polluting platforms and rigs reach the end of their lives.

Source: Oil and gas innovation centre invests £6m – The Scotsman

Hero arm, Azure Power to raise $1 bn from bond sale – The Economic Times

The next round of investment in Indian renewables could come from bond sales. Azure Power is reportedly planning a $1 billion "green bond" sale to raise funds for its wind and solar projects. They're not the first company to do this, competitors have raised about $2 billion between them through bond issues. This could be a smart move. The Indian Government has set a target of doubling renewable energy generation by 2021, which requires a massive infrastructure build. Azure Power, already in 24 Indian states, could be ideally placed to capitalise on this surge in demand.

Source: Hero arm, Azure Power to raise $1 bn from bond sale – The Economic Times

Fire risks from lithium ion batteries targeted in new waste project – New Electronics

A project to minimise end-of-life risks from batteries is being started in Merseyside with the support of Axion Consulting, Viridor, Veolia, S Norton, Wastecare and Mersey Fire. Consumers will be encouraged to split their old gadgets into one of three streams: items without batteries, batteries and items that can't have their batteries removed. It's hoped this will not only reduce the environmental risks associated with lithium ion batteries, but also enable more of the precious metals in them to be recovered.

Source: Fire risks from lithium ion batteries targeted in new waste project – New Electronics

Carbios adds more big names to its plastic recycling “consortium”

French recycling technology company Carbios has added 3 more household names to its "Consortium". PepsiCo, Suntory and Nestle joined L'Oreal in supporting the business's technology development. Using enzymes, the company claims to produce high quality plastics that can be reused in PET bottles and other packaging with little heat and energy, boosting sustainability efforts for those who use its products.

Source: Carbios adds more big names to its plastic recycling “consortium”

Environmental group challenges peat bog extraction regulations – Irish Times

Irelands peat bogs could be harvested if Friends of the Irish Environment lose their upcoming court case. The group has challenged new regulations that change the licensing for commercial peat extraction and which they claim fall foul of EU regulations. If successful, a number of existing operations could be affected.

Source: Environmental group challenges peat bog extraction regulations – Irish Times

Eight ways to travel sustainably while seeing the world – Irish Examiner

International travel has become a way of life, whether for business or leisure. The impact of air travel in particular has been highlighted in recent years and is being targeted by activists and government. If you are going overseas, there are steps you can take to reduce your impact, from packing lighter bags to choosing your airline carefully.

Source: Eight ways to travel sustainably while seeing the world – Irish Examiner

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Insurance company targeted, £6m investment in cleaning up oil & gas, Indian renewables to raise $1 billion in green bonds

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