Plastic Green Power

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Plastic Green Power is a UK based commercial project developer for low carbon solutions prioritising chemical and mechanical recycling of plastic waste before generating energy.

The Covid-19 crisis has caused thousands of tons of non-recyclable gloves to fall into the ocean.
01/07/2020

The Covid-19 crisis has caused thousands of tons of non-recyclable gloves to fall into the ocean.

Carbon Tracker warns 'there is far more risk inherent in the fossil fuel system than is conventionally priced into finan...
04/06/2020

Carbon Tracker warns 'there is far more risk inherent in the fossil fuel system than is conventionally priced into financial markets' and urges investors to step up efforts to engineer a more orderly transition to clean technologies

Falling demand for fossil fuels and the associated increase in investment risk could slash the value of oil, gas, and, coal reserves by nearly two thirds, according to new findings from Carbon Tracker.

28/05/2020

Time to rethink plastic recycling

In the adventure classic Back to the Future, Emmett “Doc” Brown uses energy generated from rubbish to power his DeLorean...
28/05/2020

In the adventure classic Back to the Future, Emmett “Doc” Brown uses energy generated from rubbish to power his DeLorean time machine. But while a time machine may still be some way off, the prospect of using rubbish for fuel isn’t too far from reality. Plastics, in particular, contain mainly carbon and hydrogen, with similar energy content to conventional fuels such as diesel.

Plastics are among the most valuable waste materials – although with the way people discard them, you probably wouldn’t know it. It’s possible to convert all plastics directly into useful forms of energy and chemicals for industry, using a process called “cold plasma pyrolysis”.

Pyrolysis is a method of heating, which decomposes organic materials at temperatures between 400℃ and 650℃, in an environment with limited oxygen. Pyrolysis is normally used to generate energy in the form of heat, electricity or fuels, but it could be even more beneficial if cold plasma was incorporated into the process, to help recover other chemicals and materials.

The coronavirus crisis has had a devastating impact on the oil sector, with knock-on impacts for plasticSingle-use plast...
27/05/2020

The coronavirus crisis has had a devastating impact on the oil sector, with knock-on impacts for plastic

Single-use plastics are helping keep people safe during the Covid-19 pandemic, but creating new challenges for governments in dealing with the waste problem

It seems an impossible situation. Some of the world's largest corporations promised to quickly slash their use of virgin plastic packaging. Yet the recycled material available to make bottles, bags, and boxes has become harder to find and more expensive.

Markets already jagged from Covid-19 saw the price of crude oil drop below zero for the first time on 20 April, which also dragged down the value of virgin plastics. In the last three months, pricing nosedived by 42 percent for high density polyethylene (HDPE) used in laundry bottles, by 43 % for polypropylene used in yogurt tubs and by 14% for PET used in water bottles, according to RecyclingMarkets. Post-consumer recycled plastics look about as budget-friendly as diamonds next to cubic zirconia.

The UK could be set to face significant challenges in its ability to recycle household plastic packaging, with reprocess...
27/05/2020

The UK could be set to face significant challenges in its ability to recycle household plastic packaging, with reprocessing infrastructure potentially needing to double, according to new research by RECOUP.

RECOUP has released an update of its Household Plastic Packaging Sorting and Infrastructure Report, which aims to inform and provide context around the design of a new tax on the production and import of all plastic packaging that doesn’t include at least 30% recycled content.

Currently, RECOUP report that sorting capacities at Material Recycling Facilities (MRFs) and Plastic Recovery Facilities (PRFs), by volume at least, is not a barrier to meeting a 30% recycled content target. The UK has an estimated annual permitted MRF capacity of between 1.6 and 1.9 million tonnes for sorting plastic packaging, and an estimated actual throughput of up to 1,000,000 tonnes.

However, research found there are significant shortfalls in reprocessing capacity, with an estimated current operational output of 230,000 tonnes. There are also particularly challenging commercial conditions and fine profit margins in this sector, with very specific operational and technical challenges around reprocessing plastic film, non-bottle PET and food-grade packaging.

Oxford University has announced that is divesting its remaining investments away from fossil fuel companies and how its ...
26/05/2020

Oxford University has announced that is divesting its remaining investments away from fossil fuel companies and how its fund management service can engage with organisations that showcase net-zero business plans.

The decision was agreed by numerous stakeholders, including the Student Union and the OUem

Oxford University has asked its endowment office, Oxford University Endowment Management (OUem) to engage with fund managers to request evidence of net-zero carbon business plans across their portfolios. OUem will also divest the university’s investments, totalling more than £3bn, away from fossil fuels.

OUem has already shrunk the amount of money it invests in the energy sector from 8.5% in 2007 to 2.6% currently. This largely consists of renewables and just 0.6% of the endowment is now in fossil fuel organisations.

Oxford University’s vice-chancellor Professor Louise Richardson said: “Oxford is a global pioneer in many areas of environmental research and science, from climate economics to biodiversity, energy use and climate change modelling.

The decision was agreed by numerous stakeholders, including the Student Union and the OUem.

“Coupled with our research strengths, our new approach will enhance our position as a world leader in reducing carbon emissions and tackling climate change before it is too late.”

Numerous universities have announced divestment strategies following pressure from green groups and students

Europe's largest businesses are failing to provide relevant climate-related data to investors, which could jeopardise th...
26/05/2020

Europe's largest businesses are failing to provide relevant climate-related data to investors, which could jeopardise the European Union's aims to deliver a "just" carbon-neutral transition by 2050.

Just 6% had explored short, medium and long-term risks that could emerge as the world moves along the low-carbon transition

The Climate Disclosure Standard Board’s (CDSB) “Falling short?” report outlines the data disclosed by Europe’s 50 largest listed companies, which have a combined market capitalisation of $4.3trn.

The CDSB found that 90% of companies had disclosed at least one climate or environmental risk, only 54% had considered both transitional and physical risks while just 6% had explored short, medium and long-term risks that could emerge as the world moves along the low-carbon transition and as the climate impacts become more profound.

Business giants call for science-based green economic recoveryMore than 150 business giants, including Carlsberg, H&M an...
25/05/2020

Business giants call for science-based green economic recovery

More than 150 business giants, including Carlsberg, H&M and Pernod Ricard, with a combined market capitalisation of more than $2.4trn, have signed a joint statement calling on all governments to align coronavirus economic responses to climate science.

Convened through the Science Based Targets initiative (SBTi), 155 companies representing more than five million employees globally have signed a statement urging governments to focus on a green recovery by aligning Covid-19 economic responses with the latest climate science.

The companies, which also include Coca-Cola European Partners, JLL and Sky, are calling for policies that will build resilience against future climate shocks and risks by supporting the ambitions of the Paris Agreement to limit global temperature rise to within 1.5C above pre-industrial levels. This, in turn, would support a global transition to net-zero emissions by 2050 – the date of the UK and EU’s net-zero targets.

The companies are calling on governments to match corporate ambitions, specifically those that have committed to 1.5C science-based targets. The companies believe that this will deliver a “faster and fairer” recovery to a green economy. The businesses are divesting from fossil fuels and shifting spending to low-carbon solutions and creating green jobs.

Annual emission fallsThe IEA’s annual Global Energy Review 2020 report was released last month, revealing that global em...
25/05/2020

Annual emission falls

The IEA’s annual Global Energy Review 2020 report was released last month, revealing that global emissions are projected to fall by 8% this year, as a result of the shutdown caused by the pandemic. The IEA notes that it would be the largest decrease in emissions every recorded and would be six times larger than the previous record drop recorded in the aftermath of the 2009 financial crash.

Based on analysis of more than 100 days of real data so far this year and the assumption that lockdowns will ease gradually and economic productivity improves over time, the report claims the global electricity demand is set to fall by 5% in 2020, the largest decline since the Great Depression of the 1930s.

Renewables are set to be the only energy source that will grow in 2020, the IEA notes, claiming that flexible access to grids and low operating costs will be attractive proposals

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