Friday, 6 March 2015

Our final event before the UK Elections!

An APPCCG and Energy Technologies Institute Event
Report Launch: How to build a 10GW CCS Sector in the UK by 2030?
Tuesday, 17th March 2015; 10:00 – 11:30 am
Committee Room 6, House of Commons, London SW1A 0AA

The UK has an opportunity to build a CCS sector capable of reducing the costs of meeting its carbon targets by tens of £billions, while exploiting the UK’s unique offshore engineering capabilities and safeguarding the future of key energy-intensive industries.
Enabling CCS to realise its long term potential and play a key role in UK decarbonisation will require developing around 10 GW of capacity by 2030.  This level of ambition is consistent with DECC’s EMR delivery Plan (which included up to 13 GW of CCS by 2030), and with the Committee on Climate Change’s (CCC) scenarios for curbing power sector emissions to 50g CO2/kWh by 2030.  Delaying development of this level of capacity beyond 2030 would expose the UK to substantial cost and deployment risks in meeting carbon budgets,
The Energy Technologies Institute (ETI) commissioned Element Energy and Pöyry to explore ambitious but deliverable scenarios for building the UK CCS sector to 2030. I am very pleased to invite you to this special launch of the report that identifies the practical steps needed over the period to 2030 to build a UK CCS sector that can:  move rapidly towards cost competitive low carbon electricity generation during the 2020s; deliver low cost emissions reductions to efficiently meet the 4th and 5th carbon budgets; and put the broader UK energy system on a trajectory towards its long term objectives of affordable and secure low carbon energy.
Chair: TBC
Introduction by: Jo Coleman, Director of Strategy, ETI and George Day, Head of Economic Strategy, ETI
Panellists:
  • Mike Thompson, Head of Carbon Budgets, Committee on Climate Change
  • Ashley Ibbett (Chief Executive and Director)/ Amy Clemitshaw (Head of Policy), DECC Office of Carbon Capture and Storage
  • Samuela Bassi, Policy Analyst, Grantham Research Institute, LSE
  • Jeremy Nicholson, Director, Energy Intensive Users Group 
If you would like to attend this meeting, please contact Neha Nijhon at the APPCCG Secretariat on climatechangegroup@carbonneutral.com

Tuesday, 3 March 2015

An APPCCG and PRASEG Event
Transport Infrastructure: Low Carbon Vehicles – A journey to a more sustainable future
Tuesday, 3rd March 2015; 12:00 – 1:30 pm
Committee Room 12, House of Commons, London SW1A 0AA

The last decade has seen the UK automotive industry make a gradual, but significant shift to low carbon vehicles. This has been driven by changes in policy at both the UK and EU level including targets set out in the UK Carbon Plan to provide infrastructure to support the shift to low carbon vehicles.  Technological advancements have also led to a proliferation of choice and better efficiency of low carbon vehicles, further supporting a rise in public demand.
This All Party Parliamentary Climate Change Group (APPCCG) and Parliamentary Renewable and Sustainable Energy Group (PRASEG) meeting will assess the UK transport infrastructure for low carbon vehicles (past, present and future); discuss if we are on track to achieve the targets set out in the UK Carbon Plan; examine the role of manufacturers; and look ahead to what the future of transport infrastructure will look like.

Chair: Joan Walley MP
Speakers:
  • Richard Bruce, Head of the Office for Low Emissions Vehicles (OLEV)
  • Andy Eastlake, Managing Director, Low Carbon Vehicle Partnership (LCVP)
  • Konstanze Scharring, Director of Policy, The Society of Motor Manufacturers and Traders (SMMT)
  • Malcolm Fergusson, Independent Policy Consultant, Transport and Environment

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Wednesday, 4 February 2015

Upcoming Events (Feb - Mar 2015)

Tuesday, 3 March, 12:00 - 1:30 pm
UK Transport Infrastructure: Low Carbon Vehicles
The UK has seen a gradual but significant shift to electric and other low carbon vehicles for personal transport, support by UK and EU level policies and rising public demand. The UK Carbon Plan set out targets for setting up an infrastructure to support a rapid move to low carbon vehicles. This meeting will discuss if we are we on track to achieving these targets; the role of manufacturers supporting this shift; and reflect on what future of personal transport and its infrastructure in cities will look like?

Wednesday, 4  March, 6:30 – 9:00 pm
Screening of film ‘Last Call’
40 years ago a book shook the world. The Limits to Growth became a best seller worldwide. It was based on a report by a team of scientists from the MIT. The documentary Last Call tells the story of the rise and fall, and of today’s rebirth of a controversial and inspiring environmental book. Directed by Enrico Cerasuolo and produced by Zenit Arti Audiovisive with Skofteland Film, the film is a way to better understand the reasons behind the crisis, and to address towards sensible choices for the future.


Wednesday, 11 March 10:00 - 11:30 am
UK Green Policy: What do we need consensus on for climate policy beyond 2015
The UK elections are just round the corner, with a new Parliament set to form after the elections. This meeting will discuss what green policies will look like in the new session; and what is the consensus required for climate policy to have the desired impact and emission reductions in the next 5 years.

March (Date TBC shortly)
The Future of UK’s Energy Infrastructure: Centralised or Distributed?
This meeting will look at what the current UK energy infrastructure look like. Is it a resilient model? To keep the lights on as well comply with the UK Carbon Plan decarbonisation targets, what is the future low carbon path that is viable? Will it continue to be a centralized model but introduce technology innovation (such as smart meters and energy storage) to manage demand and introduce efficiencies? Or is it likely to move to a more distributed model with increasing use of renewables and smaller suppliers/community run energy projects?
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Tuesday, 18 November 2014

Upcoming Events

Is Keeping Coal a Policy Own Goal?
An APPCCG, WWF-UK & Imperial College’s Centre for Energy Policy and Technology Report Launch

Tuesday, 25th November 2014; *time changed to* 4:30 – 6:00 pm; 
*Venue changed to* Boothroyd Room, Portcullis House, London, SW1A 2LW

Report Launch: What does the future hold for coal, implications for UK energy and climate policy objectives.

Chair: Lord Oxburgh
Speakers:
·         Dr Rob Gross – Director, Imperial College Centre for Energy Policy and Technology
·         Tim Yeo MP – Chair, Energy and Climate Change Committee
·         Baroness Bryony Worthington, Shadow Spokesperson, Energy and Climate Change
·         Jessica Lennard, Head of Corporate Affairs, Ovo Energy

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Locking up carbon - an alternative look at Carbon Capture and Storage (CCS)
Wednesday, 19th November 2014; 11:00 am – 12:30 pm
Committee Room 11, House of Commons, London SW1A 0AA

CO2 in flue gases can be locked away permanently in different forms, including mineralised materials, pure graphite and plastics. This event will explore options, including what scale they can operate at and the current business case, as well as the factors necessary for making this alternative approach work.

Chair: Baroness Bryony Worthington
Speakers:

·         Prof. Peter Styring, Director of External Relations - Chemical and Biological Engineering, University of Sheffield

·         Dr. Michael Priestnall, Founder and CTO, Cambridge Carbon Capture
·         Prof. Colin Hills, Professor of Environment and Materials Engineering Director, University of Greenwich; Founder, Carbon8 Systems Ltd & Carbon8 Aggregates Ltd
·         Dr. Paula Carey, Founding director, Carbon8 Systems Ltd and Carbon8 Aggregates Ltd

·         Prof. George Chen, Electrochemical Technologies, Faculty of Engineering, University of Nottingham

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Friday, 7 November 2014

Press Release: Carbon Tracker Initiative, UKSIF and APPCCG call on UK financial policymakers to act on the carbon bubble and ensure future economic stability

The financial think-tank Carbon Tracker Initiative (CTI) and the UK Sustainable Investment and Finance Association (UKSIF) have called on the Government and regulatory authorities to consider actions which align capital markets and investment more effectively with the realities of climate change. This call is supported by the All Party Parliamentary Climate Change Group (APPCCG).

At an APPCCG meeting on 5 November on the carbon bubble and stranded assets, Mr. Tim Yeo MP, who was chairing the meeting said: “Particularly in light of the IPCC’s recent calculation of a global carbon budget – the amount of carbon that can be emitted and it still remain likely that we will limit warming to two degrees – greater disclosure by companies about their carbon risks is very desirable.”

Ms. Joan Walley MP added: “As demonstrated by the recent IPCC report, there are rapidly increasing risks from climate change.  Both policymakers and businesses must take action to ensure that there is full transparency about exposure to carbon risks so that investors can take account of this when making investment decisions.”
Following a recent intervention from Bank of England Governor, Mark Carney, and the IPCC synthesis report on climate change, CTI said at the meeting that there was an urgent need for regulators to mandate companies to disclose future CO2 emissions embedded in their fossil fuels.
This could be done through:
  •  a revision to the mandatory UK GHG Emissions Reporting Requirement
  • the Bank of England Prudential Regulatory Authority and the UK Listing Authority ensuring that companies whose primary activity is the development of fossil fuels provide clear, transparent descriptions of their assessment of climate-related risks
  • the EU Directive on Non-Financial Reporting, which offers an opportunity for regulators to give clear interpretative guidance on climate risk
  • an independent commission, including regulators from other countries, examining the scope for what can be done on financial regulation and guidance.
Carbon Tracker’s Founding Director, Mark Campanale said; “It’s time regulators provided clear guidance to fossil fuel companies on public disclosure of how they factor in climate-related risks. A business as usual approach is no longer tenable.”

“Some fossil fuel future production projects will not be able to break even unless there is a very high oil price. Such high oil price would mean a double whammy of high energy prices and high costs of climate. That is a pure financial risk for investors and a major political risk for politicians. Policymakers have the responsibility to create the conditions for financial and climate risk disclosure to create transparency allowing investors to correctly price the fossil fuel risk premium” says Anthony Hobley, Carbon Tracker’s  CEO.
“UKSIF was delighted to work with the APPCCG to deliver this meeting and were pleased that the MPs and their staff who attended are engaging with these fundamental issues. We now hope to see policymakers take the appropriate action to mitigate very real climate-related risks to our economy.”says Simon Howard, Chief Executive, UKSIF.
Media Contacts:
Margherita Gagliardi
Communications Officer
Carbon Tracker Initiative
Tel: +447771577310
mgagliardi@carbontracker.org
Charlene Cranny
Programme Manager, UKSIF
Tel: +44 (0) 20 7749 9953


About Carbon Tracker Initiative
The Carbon Tracker Initiative is a team of financial specialists making climate risk real in today’s financial markets. CTI worked with Mark Fulton of Energy Transition Advisors to produce the underlying analysis. The underlying analysis in this report, prepared by CTI-ETA, is based on supply cost data licensed from the Rystad Energy, an energy research company specialising in the oil and gas industry, whoc supply the industry and organisations such as the IEA and national governments with data and analysis.
Our research to date on unburnable carbon and stranded assets has started a new debate on how to alight the financial system with the energy transition to a low carbon future. This latest research series aims to explore in more detail the capital expenditure plans of the coal, oil and gas sectors.
www.carbontracker.org
@carbonbubble
UK Sustainable Investment and Finance Association (UKSIF)
The UK Sustainable Investment and Finance Association (UKSIF) supports the UK finance sector as a global leader in advancing sustainable development through financial services. We promote and support responsible investment and other forms of finance that advance sustainable economic development, enhance quality of life and safeguard the environment. Founded in 1991, UKSIF has approximately 250 members including pension funds, asset managers, research providers, financial advisers, banks and non-governmental organisations.
All Party Parliamentary Climate Change Group (APPCCG)
The All Party Parliamentary Climate Change Group (APPCCG) is a coalition of 150 parliamentarians from all parties, along with about 170 businesses, NGOs, academic institutions, and embassies. The APPCCG exists to raise awareness about climate change and to promote effective action. It brings together business leaders, politicians and other stakeholders to discuss and develop a meaningful and effective approach to delivering a low or no-carbon society. Our chair is Joan Walley MP, and our Secretariat is based at The CarbonNeutral Company.
The APPCCG hosts regular discussions and seminars in the Houses of Parliament covering all aspects of climate change and climate policy: from climate science to sustainable development to carbon accounting and green investment for businesses. Membership is open to all businesses, NGOs, MPs and Government departments with an interest in tackling climate change and promoting a low carbon future.
Find main quotes from the live event microblogging, back tracking the hashtag #strandedassets
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Monday, 27 October 2014


APPCCG UPCOMING MEETINGS
Confirmed
5th Nov 2014
Stranded Assets (in Partnership with UKSIF)
10th Nov 2014
IPCC Fifth Assessment Report (AR5)
19th Nov 2014
Locking up carbon - an alternative look at CCS
CCS linked with utilisation - technologies that can convert carbon rich flue gases into usable commodities or into mineralised rocks for permanent storage.
25th Nov 2014
Report Launch: Coal in UK (WWF – Imperial College report)
Provisional
End Nov 2014
Pre-COP meeting
Nov ’14 – Jan ’15
Launch of Infrastructure Series – Concentrated & Distributed models
Nov ’14 – Jan ’15
Resilience and Adaptation (with CIWEM)
Jan 2015
UK Political Parties - Green Strategies 2015 and beyond
Jan – Mar 2015
Meetings: Infrastructure theme - HS2, Electric Cars, Cities, Airports etc.
Jan – Mar 2015
Shale Gas Series – Environmental impacts (Meeting 1)
Jan – Mar 2015
Shale Gas Series – Role in promoting economic and secure energy (Meeting 2)

If members would like to attend any of these meeting, please contact Neha Nijhon at the APPCCG Secretariat on climatechangegroup@carbonneutral.com  or tel: +44 (0) 20 7833 6035.

Tuesday, 5 August 2014

Announcing APPCCG's new theme for meetings in 2014-15

Since 2012, the APPCCG has structured its work and meetings under three themes: 
  • International and National Legislation on Climate Change
  • Public-Private Partnership 
  • Innovation and Technology

We are happy to announce a new overarching theme to be added to this list: 
  • Infrastructure
This theme will cover a set of sub themes including: 
  • transport/mobility
  • cities
  • energy infrastructure and 
  • food /climate smart agriculture
We are currently working on the details of the meetings that will be held from October 2014 onwards. In the meantime, we welcome any suggestions from our members on meeting topics of interest to them under the new theme and sub-themes. 

To submit ideas/suggestions, contact: neha.nijhon@carbonneutral.com.