LATEST ARTICLES

Green hydrogen, no panacea: Deep dive

Tractebel/Recharge News

Green hydrogen, produced with electrolysers to separate hydrogen from water, uses clean energy as a power source.  Green hydrogen will not be with cost competitive with grey hydrogen for some time, perhaps not until 2030.  Grey hydrogen, derived from steam reformation of natural gas, represents 98 percent of global hydrogen consumption, and is primarily used for industrial processes.  To replace grey hydrogen with green hydrogen would require a doubling of global electricity generation with primarily solar and wind sources, pre-empting the use of renewables for electrical power.  This would necessitate more use of natural gas for power production.  And there are extraordinary inefficiencies and technological challenges for green hydrogen, while there is no shortage of affordable and efficient clean technologies alternatives.  Nevertheless, US$30 billion has been committed to-date for green hydrogen through government stimulus packages.  Is green hydrogen a fossil fuel industry trojan horse for gas derived hydrogen and the use of gas for electrical power?

Renewables, not gas, for Southeast Asia: Vietnam

Shire Oak International Asia

The global natural gas industry, including that of Canada, has high hopes for weaning Southeast Asia from coal dependency.  Concurrently, low-cost renewables are swiftly changing the electrical power landscape in this part of the world.  Vietnam, caught in the squeeze between the two competing types of power sources, is favouring a clean energy metamorphosis.  The country now has the greatest installed solar energy capacity in Southeast Asia.  Government policies are both supportive and handicaps.  Grid infrastructure is woefully insufficient.  International support is critical to solidify the transition to clean energy.

Canada sheepish on electric vehicles: Stringent legislation required

Courtesy Flo/ADDÉnergie

If present trends continue, transportation will be the Canadian largest source of greenhouse gas emissions by 2030.  Canada’s objective for a legislated 2035 zero-emission vehicle (ZEV) target for all new light duty models is too little, too late.  Canada can adopt incremental legislative objectives between now and 2035, much like what the European Union and China have done.  The latter jurisdictions may reach 50% ZEVs, mostly electric vehicles, by 2025.  Just as automakers can adjust to safety regulations while offering vast lineups of trendy vehicles, they can do the same with Canadian ZEV regulatory mandates.

Shipping sustainability: Oxymoron but paradigm to change

Updated January 14, 2022

Cargo and cruise ships represent 2.6 percent of global emissions and could reach 17 percent by 2050.  Nearly all these ships use cheap dirty heavy oil with high sulphur content.   International regulations aren’t helpful as they are lax and difficult to enforce.  Fortunately, Maersk, the largest container shipping company in the world, has created the conditions for an industry-wide sectoral revolution by setting 2040 as a target to achieve net-zero emissions, requiring all new vessel acquisitions be carbon-neutral and has already ordered 12 green methanol powered ships.  Concurrently, many new technological solutions are under development including ones associated with electric, wind and biofuel energy sources.  Stringent territorial waters and docking standards, Maersk technological catalysts, financing of emerging remedies, could advance clean technologies quickly.  Finally, open-loop scrubbers are widely used as a band-aid to remove sulphur from the exhausts to transfer the pollutants into the sea.

Carbon capture and storage: Greenwashing, subsidies and carbon pricing

Carbon capture and storage (CCS) technologies are the darling of the fossil fuel industry since CCS offers the opportunity to continue business-as-usual, with the support of foraminous government subsidies, while appearing to be green and gaining carbon price credits. But ALL projects to-date have failed to live up to emissions reduction expectations and are energy intensive.  As such, CCS is a greenwashing narrative.

Investing responsibly, in the Canadian green economy, not easy: Policy solutions

Canada compares poorly in buttressing clean tech firms.

Reliable standards for environmentally sound investments do not exist and very few Canadian clean tech firms are listed on a stock exchange.  Too often, Canadian clean tech firms must go outside Canada for financial support and/or to enter the stock market.  This article presents solutions for investors and clean tech companies alike, but these solutions require government action. 

Green economy: Financial sector zigzags

BlackRock, the world’s largest investment firm, has indicated that those that don’t tackle climate change will lose money in 5 years. Some financial institutions have made multi-trillion commitments from now to 2030 to invest in the green economy while still focusing the majority of investments in fossil fuels. Canadian banks are among the global top fossil fuel investors.

Fossil fuel sector contrasts: Green transition engaged, but not enough

Not all Big Oil firms are alike. Some are engaged in a rapid green migration, many are sitting on the fence and others are still in climate denial. Meanwhile, the value of fossil fuel assets are declining but the industry is camouflaging this by selling assets and debt financing to keep shareholders happy.