@mattias_goldmann
Mattias Goldmann
67 w
Small vehicles are GREAT! The Citroën Ami (or Opel Rocks-e) is electric, supercompact, has a top-speed of 45 km/h which is perfect for city use and means it can be driven without a driver's license. Its simplicity makes it cheap to produce, but the main market is not so much individual buyers as car sharing schemes, helping to reduce congestion and pollution in Europe's major cities. See 45 second video HERE https://youtu.be/I4lzGYDv-2w
26 more agrees trigger social media ads
Mattias Goldmann
61 w
After the triple disaster in 2011, with the 9.0 earthquake crushing thousands of houses, the 15 meter tsunami wave sweeping away everything in its way and the three meltdowns in the nuclear reactors, with more than 15 000 dead and 450 000 homeless, the future has been bleak for the Fukushima region. But the Fukushima prefecture is trying to reinvent itself as THE place for locally produced, renewable energy - solar power and green hydrogen for fuel cell-vehicles. Give Fukushima the Climate Love they so badly need! https://youtu.be/G_1LQyBCFQA
39 more agrees trigger social media ads
•
60 w
Instead of using clean energy to make highly explosive, very inefficient, Way too expensive and unstable hydrogen just use the clean energy directly. Hydrogen technology is just greenwashing as the dirty fuel industry wants to continue selling us something we can get for free from sunshine, the wind, geothermal or ocean energy and use that to fuel zero exhaust machines and vehicles.
•
•
61 w
This is so inspiring! Much climate love to them.
•
•
61 w
Wonderful. 100% restoration is possible.
Mattias Goldmann
62 w
East-Asian landlocked country Laos is an LDC, least developed country, spending way too much of their meager resources on importing fossil fuels - but this is coming to an end! They are now promoting electric cars; green electricity is their number one income earner since they export so much hydropower to neighboring countries, but now they can use more of it themselves, save money, improve the trade balance and help the climate. Well done, Laos - let's give them our Climate Love! See 59 seconds video LINKED and read a five minute-text (with pictures), in Swedish but Google Translate will fix it for you https://www.2030sekretariatet.se/laos-e-mobilitet-for-battre-ekonomi/ https://youtu.be/5EQXqOluJf8
117 more agrees trigger scaled up advertising
•
•
60 w
I wish we would start hearing such booms of EVs in Africa
•
62 w
Well done Loas, keep up the good
•
62 w
Good progress!
Mattias Goldmann
67 w
In Malaysia, Litrocom collects used cooking oil (UCO) from frying and deep-frying, from restaurants, hotels, food industries and even households. it is filtered at their site in Johar and then sold to refineries which can use the UCO to produce sustainable fuels. The biggest buyer is Finnish Neste, that ships it to its refinery in Singapore, where it is turned into HVO that can replace fossil diesel and SAF that can replace fossil jetfuel. Since this UCO would otherwise be just waste, often clogging up sewage systems, the efficiency, sustainability and climate gains compared to the fossil fuels replaced are tremendous - estimated at around 90% CO2 emissions reductions. At the same time, local jobs are created and households and others gain an income from their waste oils. See video here ! https://youtu.be/GA1P6TZ1-xY And the 2030-secretariat report (In Swedish), www.2030sekretariatet.se
36 more agrees trigger social media ads
•
•
44 w
Wonderful innovation💚💚
•
•
67 w
This is such a great innovation!
•
66 w
Superbly done.
Mattias Goldmann
68 w
In Singapore, Finnish energy company Neste - regularly rated at the very top of Dow Jones Sustainability Indexes - is starting to produce sustainable aviation fuel from used cooking oil (UCO). After being used for frying and deep-frying, the oils are collected from restaurants, hotels, food industries and even households, and then at the refinery turned into HVO that can replace fossil diesel and SAF that can replace fossil jetfuel. Since this UCO would otherwise be just waste, often clogging up sewage systems, the efficiency, sustainability and climate gains compared to the fossil fuels replaced are tremendous - estimated at around 90% CO2 emissions reductions. At the same time, local jobs are created and households and others gain an income from their waste oils. Report here in Swedish https://www.2030sekretariatet.se/hallbara-fornybara-biobranslen-fran-fjarran-ostern-faltbetraktelser/ https://youtu.be/f6C53WPVwSo
127 more agrees trigger scaled up advertising
•
•
44 w
This is fantastic.
•
•
68 w
Oh, that's pretty cool!
•
68 w
Most cooking oil comes from industrial agriculture and plantations that reduce Forrest cover and lead to carbon poor soils that is associativ with many other problems such as biodiversity loss, reduced water rentention,nutrient poor soils and increased CO2 equivalents in the atmosphere. Do a proper life cycle analysis to see the real Climate and enviromental cost of these fuels.
Mattias Goldmann
71 w
Over a million tons of CO2 emissions avoided, more than two million people with access to clean electricity... The progress of Trine's investments in solar energy is impressive, especially since they are in countries like Zambia, Togo, Sierra Leone, Kenya... And the best bit is that it works; I invest in Trine, take a risk that the project might not work but typically it does and then I get on average 7.4 % annual interest, depending on the project. The money can be easily withdrawn, but I of course choose to reinvest, making solar grow! #Trine #Jointrine #solar #PV #EV Test it out, €10 to start with this link https://trine.com/just-invested/217332
142 more agrees trigger scaled up advertising
•
•
18 w
solar power is a good investment
•
•
71 w
Not convinced? How on earth not? Let me know - I've been with Trine for years and it is a true favorite of mine!
•
•
71 w
Convinced? Go straight to the investment, be part of the solar revolution! https://trine.com/just-invested/217332
Mattias Goldmann
73 w
FOMM is the smallest four-seater electric car in the world. It is made in Thailand, convenient in Bangkok traffic and even doubles as a boat if there's flooding - climate mitigation AND adaptation! Motor in the wheels, direct steering and gas-paddles rather than a pedal. Worthy of Climate Love! Check it out HERE in a 59 second video! https://www.youtube.com/watch?v=BOChKYtX7RQ
145 more agrees trigger scaled up advertising
•
•
•
72 w
Dear Mattias Goldmann Thank you for getting your climate love to level 2! We have reached out to FOMM and requested a response. I will keep you updated on any progress! /Muhammad We Don't Have Time
•
•
73 w
Great innovation that needs to be replicated in the whole world.
•
•
73 w
This is the way to go! It is action time...
Mattias Goldmann
73 w
November 6th to 18th, it is time for the 27th annual UN climate meeting, the COP27. Here are the most important things to keep an eye on, as compiled and analyzed by We Don't Have Time senior correspondent Mattias Goldmann with experience from the COPs of Paris, Marrakech, Durban, and many others. The starting point is ambiguous. On the one hand, the focus in much of the world is on restarting the economy after the pandemic and dealing with the effects of Putin's war, including efforts to reduce the price of electricity and energy even if this means importing more natural gas or using more coal. On the other hand, the massive flooding of Pakistan, hurricane Ian over the United States, and the incessant rains in Australia show that climate change is happening now and needs action now, not in a distant future. Climate commitments. According to the Paris Agreement, every signing country must submit and periodically enhance its Nationally Determined Contributions, NDCs. The first enhancement took place in connection with last year’s COP26 in Glasgow, where it was agreed upon that the combined pledges were not nearly enough to keep global warming below the two-degree Celsius threshold, let alone the higher ambition of 1.5 degrees. With this in mind, all countries are to update their NDCs already at this year’s COP27, rather than in five years. By the end of October, only 24 countries had done this, which suggests weak presidency – the British COP26 chair would not have accepted such limited compliance. Out of the 24, Climate Action Tracker classifies Australia's as the only one that actually sharpens the targets, while India, Indonesia, Brazil, the UK, and the COP27 presidency country Egypt have revised their NDCs but not tightened the targets. According to the UNFCCC's new synthesis report, GHG emissions will increase by just over 10 percent by 2030 compared to 2010, a long way from the 40 percent reduction that the IPCC deems necessary to meet the climate goals. Prospects for radical emission reductions are bleak, although there are positive signs: China has sharply reduced coal imports, South Korea is increasing its climate budget by 62 percent, Vietnam is tightening its energy plan, Indonesia is to reduce its climate impact by 29 percent by 2030 and the EU pledges a 55 percent emissions reduction to 2030, as part of the Fit For 55-package currently being negotiated. Funding. From 2020 to 2025, international climate finance must be at least USD 100 billion per year. At COP27, there will be great dissatisfaction with the fact that this level has never been reached. Numbers are lagging so 2020 is the last year with data, but everything indicates that global climate financing declined in 2021 and 2022; fighting the pandemic, the economic recovery, and military armament were prioritized. Several countries usually use the COP venue to present their funding promises, but we cannot expect much this year, since domestic economic issues mean that this would be poorly received by voters at home. A basic question is also how to count to 100. The OECD states that international climate finance in 2020 reached $83 billion, while Oxfam claims it is only just over a quarter of this, partly due to differing views on how to count loans at commercial or almost commercial terms. In addition to the short-term dissatisfaction, there are long-term expectations. While the goal of USD 100 billion per year was decided behind closed doors, COP26 decided on the process to negotiate the new long-term climate finance target that will apply after 2025 – NCQS, the New Collective Quantified Goal on Climate Finance. This includes the COP26 pledge of at least USD 40bn per year in adaptation funding. The African Negotiating Team has already requested that the long-term goal should be decided on at COP27, several technical pre-meetings have been held during the year and the first high-level political negotiation will be held on November 9th. In addition to the total amount, which dominates media reporting, issues to agree on include whether a share should be reserved for adaptation, which has so far received only 7 percent of the total, and whether the least developed countries (LDC) should have a fixed quota of the funding. Contentious issues also include what should be counted as "new and additional" in international aid; only funding classified as beyond normal may be counted towards the financial target - but is the baseline the UN's recommendation of 0.7 percent of GDP, the level of state aid that applies at a certain time or will the solution be watered down to all new investments after a certain date being by definition new and additional? Access to funding also becomes important; The IIED concludes that only a few percent of climate finance has so far gone to indigenous peoples or minorities, urban areas have received more than rural, the poorest are underrepresented among the recipients and small projects have had difficulties in finding funding. Most agree on this problem description, but it is not a given that all recipient countries are in practice in favor of reduced control over money flows. The IPCC states the need for climate adaptation alone at USD 140-300 billion per year from 2030 and USD 500 billion annually from 2050 unless the emissions curve very quickly turns downwards. Loss&Damage. Beyond reducing our climate impact, we must also adapt to a changing climate, and the two-year Global Goal on Adaptation process has its mid-term stocktaking at COP27, one of the EU's priorities for this COP. But there are also changes that cannot be adapted to – irreversible loss and damage. At COP19, the Warsaw International Mechanism was established to address this, in the Paris Agreement from COP21 Loss&Damage (L&D) was given a special Article (number 8), at COP25 the Santiago Network on Loss and Damage (SNLD) was agreed upon and at COP26 this was given rules and mandates. During COP26, Scotland was the first to earmark aid to L&D, at the UN General Assembly this year Secretary-General Guterres called for windfall taxes on fossil fuel companies' profits, with the money to be earmarked for Loss&Damage, and in September Denmark was the first country to disburse funds specifically for L&D (USD 10 million). The money is distributed among different existing organizations, but at COP27 there are great expectations that a special financing mechanism for Loss&Damage will be formally decided on, similar to the Adaptation Fund. Egyptian Presidency. Each climate summit builds on the former, COP27 in particular on the Paris Agreement which is finally fully operational, and COP26, with the Glasgow Pact and wordings to "phase down" coal use, stop deforestation, reduce methane emissions and increase investment in companies with net-zero targets. Egypt, according to its climate chief negotiator Mohamed Nasr, sees itself as a bridge between north and south, which may indeed be needed in these times. Egypt's environment minister, Dr. Yasmine Fouad, states in her COP statement that Egypt has been a leader in Africa's climate transition with, among other things, the African Renewable Energy Initiative and African Adaptation Initiative. However, she will not be chairing the COP; the chair is to be Egypt’s foreign minister Sameh Shoukry (formally, this is the first decision item on the agenda). His focus is on COP’s ten thematic days (see below), on unspecified initiatives and "the indispensable role of youth organizations". Egypt's COP27 -manifesto states that the time for words is over, it is action that counts, but is far less concrete than COP26 in Glasgow. Egypt's choice of Coca-Cola as the main sponsor of COP27 is taken by some as a proof of lack of ambition. Civil society has shown a certain skepticism about the COP27 presidency. Egypt has at least 65,000 political prisoners according to the Arabic Network for Human Rights Information and performs the third most executions in the world according to Amnesty International. Concerns also include the meeting place itself; Sharm-el-Sheikh is remote, which facilitates the control of participants and makes it difficult for many to join, especially as the accommodation is expensive and limited. COP26 had the largest participation ever, with over 40,000 registered participants, COP27 will be at about a third of this. Article 6. Perhaps the Paris agreement's hardest nut to crack was how industrialized countries can contribute to implementing emission reductions in developing countries, according to their Nationally Determined Contributions, NDC. The climate benefit must be ensured and double counting cannot be allowed. This is dealt with through Article 6, which became operational at COP26. Switzerland is now funding extensive investments in sustainable public transport in Asia, and Sweden has concluded bilateral agreements with, among others, Nepal for "complementary measures that can be used, if necessary, to achieve our goal of zero net greenhouse gas emissions by 2045." The UNFCCC's Standing Committee on Finance states that developing countries need up to USD 5900 billion to finance their NDCs. In total, there are currently agreements for just over USD 20 billion, expect a number of agreements to be signed at the COP. This is less sensitive than new financing promises because it can be portrayed as a cost-effective way to achieve one's own climate goals, and collaborations can benefit one's own business community. Article 6 also allows separate markets for emissions trading to be linked to each other, with greater transparency and the possibility of cost-effectively reducing emissions. The role of individual countries. Different COPs have different countries stepping up to the challenge, and – unfortunately – also those creating more headaches than others. At this year’s COP, look particularly for: - China: The party congress just passed, Xi Jinping was reelected for a third period, and China being a leader in producing solar and wind power, we hope for more leadership on mitigation. - The US: Biden’s Inflation Reduction Act is the biggest climate plan ever, but midterm elections may limit the US appetite for climate funding and pledges. - India: At COP26, India increased its climate ambitions, to the surprise of many. What will they deliver this year? - Australia: The new government is one of very few to substantially increase its climate ambition. Will this include climate finance? - EU: The European Union is finalizing its Fit for 55 climate plan. What will it pledge? - Great Britain: Under the new prime minister Rishi Sunak, plans to accept fracking will most likely be shelved. But what will come instead? - Sweden: What will the new government mean for the country that has until now been a top contributor to the UN’s Adaptation Fund and Green Climate Fund? - UAE: The United Arab Emirates will most likely host COP28 next year, and we can expect them to launch initiatives that improve their climate standing. Mattias Goldmann Mattias was in Paris for the Paris Agreement, in Warsaw, Marrakech, and many of the other COP meetings, but he is not going this year, he now lives in Bangkok and wants to show that it is possible to follow the negotiations from a distance as well. The theme days at COP27 day by day Below in the words of the Egyptian presidency, albeit abbreviated. See the Presidency website. 9/11: Finance Day: Focus on the financial commitments of COP26, innovative financing solutions, round table of finance ministers 10/11: Science Day: 20222 harvest of IPCC reports, Stockholm+50 conclusions, UNDRR conference on disaster management, 10/11: Youth & Future Generations Day (also). To ensure that young voices are heard. 11/11: Decarbonization Day. Technologies to reduce climate impact in industrial sectors, solutions 12/11: Adaptation & Agriculture Day. The IPCC Working Group on Adaptation toAdaptations, Food Safety and Waste Reduction in the Food Chain is discussed. Loss&Damage is handled. 14/11: Gender Day. The day will highlight the role of women in climate adaptation 14/11: Water Day. Sustainable water use, droughts, cross-border water cooperation, early flood warning systems, etc. 15/11: ACE & Civil Society Day: Dialogue with civil society, with a dedicated platform to discuss challenges and solutions. 15/11: Energy Day: All parts of the energy shift, with a particular focus on just transition, green hydrogen, renewable energy, and smart grids. 16/11: Biodiversity Day: Nature and ecosystem-based solutions, how the climate affects the oceans, biodiversity, and endangered species. 17/11: Solutions Day. Focus on solutions involving multiple sectors, including greener finance, sustainable cities, and resilient infrastructure.
•
21 w
Under the Paris Agreement, participating countries are required to submit and enhance their Nationally Determined Contributions (NDCs) to combat climate change. At COP26 in Glasgow, it became evident that the collective NDCs fell short of limiting global warming to the two-degree Celsius threshold, let alone the more ambitious 1.5-degree target. https://suikawatermelon.com
•
•
•
73 w
Great article and very insightful.
•
•
73 w
Nice!But perhaps before we get to COP27 agendas and expectations we should do a recap of what was the agendas and goals of COP26 and if they have been archived.
Mattias Goldmann
74 w
Plant walls are great for local air quality, help reduce noise levels and improve well-being. But they are not big on combatting climate change, simply because they are not big. This is a different scale and makes the Park Royal Collection in Singapore climate positive. Well worthy of our climate love! https://youtube.com/shorts/JcxRC1WOCiY?feature=share
46 more agrees trigger contact with the recipient
•
74 w
Plants destroy walls, it is better to stop Burning fuel.
•
•
74 w
@daryl_cleary these plants-:trees really- give shade, reducing the need for cooling, and take care of stormwater in heavy rain
•
74 w
When we take care of nature, it will take care of us.
Mattias Goldmann
76 w
Vinfast - world's first car manufacturer to leave fossil fuels and go 100% electric! Follow this link for Climate Love, more info and short video! https://app.wedonthavetime.org/posts/54fafbf7-562d-409c-b4e6-8b92452ae5ac?utm_source=url-copy%26utm_medium=wdht-web-app-share%26utm_campaign=mattias_goldmann
Mattias Goldmann
76 w
The Vietnamese car manufacturer Vinfast aims to be the world's first in fully phasing out fossil fuel-powered vehicles and go 100% electric, already during 2023. For it to happen, it also sets up the charging stations - as yet empty. Let's give them the climate love ❤️ they deserve and hope they manage! 1 minute video HERE! https://youtu.be/N3d36wleLr0
150 more agrees trigger social media ads
•
•
•
33 w
Dear Mattias Goldmann Your climate love has received over 50 agrees! We have reached out to VinFast by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time
•
•
76 w
Very cool to see! I imagine it would also help improve the air-quality in Vietnam a lot.
•
•
76 w
This is the way to go...
Mattias Goldmann
78 w
All local and regional trains in Germany cost just €9 for a whole month the summer of 2022. Will it be reintroduced? Will it spread to other countries? Evaluations and public perception decide - be part of it! https://youtu.be/_UryJyPo7BA
37 more agrees trigger contact with the recipient
•
78 w
I want it back!
•
•
78 w
I read that it will be extended. Is it not 100% sure yet?
•
•
78 w
@jehannes_ros oh I see! Interesting to see what price they will settle for
•
•
78 w
@sarah_chabane at a low price, but not at only €9.
Mattias Goldmann
78 w
Bhutan 🇧🇹 is the only country in the world to measure gross domestic happiness rather than gross domestic production, it is the only climate positive country in the world and its constitution demands 60% forest cover (in fact it is more). See 54 seconds video HERE! https://youtu.be/Oxbo6wGjWvU
114 more agrees trigger social media ads
•
•
•
44 w
Dear Mattias Goldmann Thank you for getting your climate love to level 2! We have reached out to Bhutan and requested a response. I will keep you updated on any progress! /Adam We Don't Have Time
•
78 w
If I use a reusable cup, GDP goes down. If I buy a plastic cup, GDP goes up. Good to hear Bhutan is addressing that aspect!
•
•
44 w
What a great example showing that happiness of citizens depends on the devotion to make their lives comfortable now and in future.
Mattias Goldmann
79 w
Bangkok Kayak Club builds kayaks using recycled ♻️ plastics, including bottletops and straws from the canals or khlongs. The kayaks are then used to let local communities know their khlongs better, and appreciate the value of a cleaner environment. Kayaks can also be rented by anyone, with a reduced cost if you help collect plastics. And yes, buying one of their kayaks helps them to help more and makes the khlongs and the planet a little bit more sustainable and climate friendly. https://youtu.be/WaoPb0WfaT8
41 more agrees trigger contact with the recipient
•
79 w
Wow! Great
•
79 w
Great initiative to reduce the effects of plastic pollution through recycling which brings to back to the economy
•
79 w
Nice
Mattias Goldmann
79 w
World's first: Electric bus from city of Visby on Gotland, Sweden, is charged by the road it drives on - with no cables! Can be used by all transports on the road. Thus, batteries can be kept much smaller, reducing cost for the transformation to electromobility and the need for environmentally challenging metals and other raw materials. Well done Trafikverket, Flygbussarna and SmartRoad Gotland! See brief, inspirational video HERE https://www.youtube.com/watch?v=MFuNMIuLtL8
20 more agrees trigger contact with the recipient
•
•
•
79 w
Very cool innovation. I wonder what the cost is to build those electric roads. Do you know?
•
79 w
@Rentzhog I've been following this project for a while now, and it's great to see it's heading in the right direction. Here's the section on costs from their FAQ: How much does the infrastructure cost? This project is a cooperation between public and private parties, with a total budget of 116 millions SEK, of which 91 millions SEK is financed by Swedish Transport Administration. The cost for rebuilding highways to electric highways depends on how long distances will be rebuilt and where they are built. ElectReon’s technology is made to be cost effective for both large and small projects, and is cost competitive compared to other tested technologies. The system is built on a “design to cost”-method which reduces costs over time. Comparison made by Swedish Transport Administration shows that this technology is less expensive compared to alternative solutions. (https://www.smartroadgotland.com/faq)
Mattias Goldmann
79 w
The US is set to implement its largest ever climate investment through the Inflation Reduction Act (IRA), passed by both the US Senate and Congress. But what does it mean concretely for the USA, for the rest of the world, for the climate in general, and for business life? With all eyes on Climate Week NYC, this is as good a time as any to discuss the 12 pillars that make up this initiative. 1. It’s The Biggest Ever First, the volume itself: The investment package is stated to be valued at 369 billion USD, of which approximately two-thirds are directly climate-related. I’d like to chime in with the words "up to" regarding this amount, since much of this is about stimulus packages that may not be fully utilized. On the other hand, the total investment will be many times larger, as many of the investments are partial financings of around 20% of the total amount. Never before (depending on how you count China's five-year plans) has such a large climate package ever been launched by a sole country. 2. In line with the goals The US has pledged to reduce its emissions by 50-52% by 2030, compared to 2005. The Rhodium Group's analysis (here and here) shows that the package could reduce emissions by 31-44%, with 40% as the most likely outcome, compared to 24 -35% without the package. In addition, President Biden has promised that the US will run on 100% green electricity by 2035, compared to about 40% by 2021. With IRA, up to 81% can be reached by 2030, by not shutting down existing nuclear power plants and more than doubling the share of new renewable electricity. This will also cut household energy costs and improve the US's security policy situation. 3. Anti-inflation? Well, actually yes. The fact that the world's largest climate package has been titled the Inflation Reduction Act may be confusing, but it actually lives up to its name. Inflation in the United States is driven to a large extent by increasing prices for electricity and energy for heating and transportation. With increased energy efficiency, more renewables and electric cars, the price increase can be kept in check, although many believe that this effect will only become apparent later on. 4. The big no-no: Emissions trading and carbon tax Let's start with what's not included in the package: a federal tax on carbon emissions, and a national emissions trading scheme. Why? Simply because this is unthinkable, not only for Republicans (who all voted against the package even without it), but also for many Democrats in swing states. States such as California, on the other hand, continue with their systems, without restrictions. 5. Social profile at the expense of free trade In short, all federal support in the package has a counting factor, up to a fivefold increase, if the production takes place in North America, with reasonable working conditions, in particularly deprived areas or where the fossil industry has previously dominated. This applies, for example, to electric cars and their components, solar cells and wind turbines. In total, USD 60 billion in the package has this profile, which, for example, benefits Tesla. The European Commission, however, threatens to take the US to court on the basis that it would violate WTO rules. 6. EV rebate The current $7,500 tax credit for electric cars is extended and the cap on how many cars individual manufacturers receive the credit for is removed. This will increase EV sales by a good third compared to before the IRA, but the increase is limited by the requirements for increasing the American share of manufacturing, and also by caps on how expensive the car can be (USD 55,000 for cars, 80,000 for pickups and SUVs) and how much a person may earn (USD 150,000/year) in order to get the deduction. A new deduction of USD 4,000 is introduced for used electric cars, but only for those earning a maximum of USD 75,000/year and only for cars with a price tag of less than USD 25,000. The USD 7,500 premium applies to electric cars, hydrogen cars and plug-in hybrids with a battery of at least 7 kWh, provided that they are finally assembled in North America, and that a certain percentage of critical minerals and metals are sourced within the nation’s borders, with the goal of 100% by 2028. Electric transport vehicles receive a premium of 30% of the cost or the actual additional cost compared to the equivalent fossil car, but not more than USD 40,000. These premiums apply until 2032. 7. Renewables The production of renewable energy is being encouraged thanks to a series of production subsidies, as well as a 1.5 US cents rebate per kWh. Overall, this is estimated to triple renewables by 2030, with 550 GW of new electricity from wind, solar, geothermal energy, biomass, some hydropower and other clean sources, equivalent to the needs of 110 million homes. Those who invest in solar, fuel cells, small-scale wind, energy storage, biogas and microgrids can get up to 30% tax deduction until 2024. Green hydrogen is benefited by 0.60 USD/kilo in the first ten years, calculated with inflation, with progressively lower compensation if the climate impact is higher than 0.45 kg CO2/kg gas. Renewable fuels receive a $0.50/gallon tax credit through 2024, $1 for biodiesel with an additional surcharge for agriculture and second-generation biofuels. Green jet fuel will be stimulated from next year by up to USD 1.75/gallon. At today's prices, this makes biofuels competitive with fossil fuels. In addition, the expansion of biofuel infrastructure is stimulated with 500 million USD, which includes, for example, the storage and blending of these infrastructures. 8. Carbon dioxide separation "Multi-megaton" carbon dioxide must be stored in rock chambers, in soil and in forests. Direct air capture (DAC) receives a twelve-year tax reduction and up to 180 USD per ton, for facilities that capture at least 75% of the carbon dioxide and are of a certain minimum size. CCS and DAC are estimated to increase by 35-40% to roughly 100 million tons of CO2 in 2030 and double the volume thereafter. 9. Nuclear power and natural gas Taxpayer-paid nuclear power plants get a new tax credit of up to 1.5 US cents per kWh, which is reduced if the electricity price increases to above 2.5 US cents per kWh. This could provide 30 billion USD to the nuclear industry by 2032, and is thought to lead to a number of existing reactors not being decommissioned, but not to any new nuclear power. Annual minimum levels for land sales for gas and oil are set; just under a million hectares onshore and 25 million offshore. However, it is not a given that there are any buyers, let alone that the areas are actually used for this. At the same time, methane emissions are subject to a fee of up to USD 1,500 per ton, and crude oil and imported petroleum products must pay a "Superfund tax" of 16.4 US cents per barrel, which will finance the cleanup of contaminated industrial areas. Coal already has a special tax of USD 1.1 per ton (half in open pit mines), which is now being made permanent. 10. Energy efficiency improvement Energy efficiency will be subsidized 30% of the cost up to 2,000 USD per year and taxpayers, for example, will be subsidized for additional insulation of windows and doors. For buildings whose energy use is reduced by at least 25%, property taxes are reduced by $0.50 per square foot, up to double with higher efficiency. 11. Tax rules will decide Much of the US system is based on tax deductions, which becomes problematic if the tax base from which deductions are made is too small. Therefore, the possibilities to move the deductions in the business are now being expanded; a technical finesse that can be of great importance, not least in the electricity market. For private individuals, it’s beneficial that you can now choose to receive a premium when purchasing instead of a tax deduction, which is more difficult to assess. 12. What else? Several investments in the Build Back Better package agreed by both parties are not included in the IRA, such as support for electricity grids, CO2 pipelines and energy efficiency in buildings. Much of this is expected to come in new building regulations, while climate adaptation (which in the IRA gets a paltry 4 billion USD specifically for the southwestern United States) is handled in upcoming safety programs and next year's Farm Bill handles agriculture's emissions and storage of carbon dioxide. By MATTIAS GOLDMANN, Goldmann Green SOURCES Here are Rhodium Group's analyses: Climate Clean Energy Inflation Reduction Act Inflation Reduction Act Read Politico's summaries here and here. The legal text itself
•
•
79 w
Thank you everyone! I am excited about the Biden Administration's climate push - let's use it as a way to help convince others to do more; countries, regions, cities, companies, individuals... You, I, everyone!
•
•
•
79 w
@mattias_goldmann Yes. Hopefully, we can have Sweden's new government look at what's happening in the US.
•
•
79 w
Thanks for summarizing the important points of this key decision!
Mattias Goldmann
79 w
Plogging, the picking up of garbage ("plocka" in Swedish) while jogging, is now a global phenomena - just launched for the first time ever in Bangkok Thailand. Makes it more fun and healthy to contribute to a cleaner environment- with great gains for the climate too, when the waste is recycled. See video HERE! https://youtu.be/1VtmLcDZ4dE
109 more agrees trigger social media ads
•
•
60 w
A good way to work out, enjoy and make a difference
•
•
79 w
Making sustainability FUN!
•
79 w
Everybody can make a difference!
•
•
79 w
@Christina_Carlmark And we WILL!
Mattias Goldmann
83 w
The world's most northerly shipping line with regular ferries, Wasaline between Finnish Vasa and Swedish Umeå, calls its ship the greenest in the world. Superefficient and powered by liquified gas and electricity (and diesel if needed, as a back-up). Check it out and give it your Climate Love! #Finland #Suomi #Vasa #Vaasa #Umeå #shipping #ferry #biogas https://youtu.be/a3HxQyg6tyg
15 more agrees trigger contact with the recipient
•
•
83 w
I believe Forsea could take up the competition, https://www.forsea.se/om-forsea/hallbarhet/.
•
83 w
Definitely this ought to be the new normal.
•
•
83 w
oh this is good!
Mattias Goldmann
84 w
Grenoble is the European Green Capital of 2022. It impresses by its systematic approach to sustainable mobility - bikes, buses, cablecar and more! See here and give your climate love! https://youtu.be/rLpxtj9J14M
33 more agrees trigger contact with the recipient
•
•
83 w
Allez les bleus, come on, let's make this reach 100!
•
•
•
84 w
The youtube video doesn't work for me
•
84 w
@mattias_goldmann it works for me now!
•
•
84 w
@Rentzhog Damn! Try again?
Mattias Goldmann
91 w
The latest UN climate summit was supposed to pave the way for COP27. But you have to be optimistic to see the glass as half full. Between the major annual COP climate conferences, two so-called SB (Subsidiary Body) meetings are held per year. They are divided into SBI, which aims to ensure that the decisions from the Paris Agreement and the Kyoto Protocol are implemented, and SBSTA, which is the link between science and policy decisions. The 56th SB meeting, in Bonn, is based on what has been achieved at COP26 in Glasgow and laying the foundations for a successful COP27 in Sharm-el-Sheikh, November 6-18. There were a few successes to bring home, but you have to be optimistic in order to see the glass as half full. Respect for time - in the small things While these climate meetings usually run over time, sometimes by several days, SB56 was hammered off at the appointed time, and for once, almost everyone stuck to their appointed speaking time. It bodes well for COP27; meetings in overtime are rarely beneficial for the most vulnerable. But in a more general sense, respect for time is poor. You could’t sense at SB56 that the world's emissions must decrease sharply and at a rapid pace, or that the need for systematic climate adaptation increases with each passing day. Stricter climate goals - too little from too few Based on the fact that the combined climate commitments in the NDCs (Nationally Determined Contributions) are not at all sufficient to meet the 1.5-degree target, it was decided in Glasgow that for COP27 the world's countries are to sharpen their goals. At SB56, the first technical dialogue was held under “global stocktake”, with many concrete examples of cost-effective emission reductions, and at the same time the new Australian government promised to deliver bolder climate goals, which hopefully creates momentum going forward. But the fact that only a handful of countries have sharpened or even promised to sharpen their goals is a failure for the presidencies of Great Britain and Egypt, which both highlight this as central to COP27. Hopefully, the pressure can increase when Egypt presents its sharpened NDC within a few weeks. Climate adaptation on the agenda - but stuck in formalities The Paris Agreement states that emission reduction and climate adaptation are equal parts, and it characterized SB56 as many side events concretely displayed smart adaptation solutions. But the work on a global adaptation target, similar to the Paris Agreement's targets for emission reductions, did not go beyond mere formalities and it will now be tough to agree on a target at COP27. Although each country since COP16 in 2010 is expected to have a National Adaptation Plan (NAP), where long-term adaptation needs are identified, only 35 countries have this in place. Vital voluntary agreements – and increased fossil subsidies When the formal climate work, where everyone needs to agree, is sluggish, those who want more can unite on more limited issues or in smaller groups, such as the Marrakech Partnership for Global Climate Action, Race to Zero, Race to Resilience, Glasgow Financial Alliance for Net Zero and others. Several of these demonstrated at SB56 that they are serious, unlike some previous initiatives. But all progress is erased by the fact that the Glasgow Pact's demand for accelerated phasing out of inefficient subsidies for fossil fuels has become the exact opposite - country after country, including Sweden, is now stimulating fossil energy. Climate financing is declining – and fragmenting The industrialized countries' commitment of USD 100 billion per year in international climate finance was close to being reached, but it is now declining as many countries are prioritizing stimulating their own economies after covid and in connection to Russia's war against Ukraine. SB56 lacked new financial commitments, and if these do not appear at COP27, work in completely different areas of climate action is threatened - developing countries believe that confidence in these types of agreements are threatened if the existing commitments are not honored. The G7 in June, the ministerial meeting Petersberg Climate Dialogue in July, the UN General Assembly in September and DR Congo's pre-COP in October will be crucial in finding new funding before COP27 in November. Loss & Damage – without progress here, no progress at all? At COP27, a “Loss & Damage Finance Facility” is expected to be established, building on the Glasgow dialogue. The Santiago Network to support those affected by long-term losses due to climate change is intended to be transformed into a permanent institution under the UNFCCC, with funding and organizational capacity. However, at SB56 the positions were completely locked around this; 21 hours of informal deliberations provided no more than an agreement on the agenda. That Scotland, with a symbolic two million pounds, started the financing for Loss & Damage at at COP26 did not turn out to be the success factor many then hoped for. Egypt now needs to form an agreed-uopn way forward before COP27 which can otherwise be blocked by the issue. Article 6 - unity to build upon Let’s end this piece with a success; Article 6 of the Paris Agreement on how countries can voluntarily cooperate to achieve climate goals has been a sourdough in many previous negotiations, but not anymore. If nothing unexpected happens, a new financial mechanism will soon be in place, corresponding to the CDM of the Kyoto Protocol, as well as an agreement on how to avoid double-counting when several countries make emission reductions together. In summary: An increased time pressure To conclude: The bleak outcome of SB56 has increased the need to rapidly find sufficiently good solutions so that the COP27 meeting is not blocked already in the agenda phase. The Egyptian presidency must step forward, but also the British, who after Glasgow are part of the preparations, Germany leading the G7, the United States, which under President Biden has stated that they aim for global climate leadership – much longed for – and China, whose climate ambitions have recently been less prominent. MATTIAS GOLDMANN Climate Doer. Elected Sweden’s most influential in sustainability issues, knighted by the French government for my climate work, named future politician of the year and winner of lobbyist of the year award. Now living in Bangkok.
•
89 w
We are very enger with climate change campaigns.. We participate in COP 27 in Egypt
•
90 w
Very educative, informative and interesting article
•
•
91 w
Very interesting article, and a good reminder that we need to put pressure on our governments to act
Mattias Goldmann
93 w
The Sultan of Brunei has a personal fortune estimated at US$28 billion and owns more than 7,000 collectors cars including 600 Rolls-Royces, 450 Ferraris (somehow I thought it was just over 100 cars - how wrong I was!). I challenge the Sultan and other extremely wealthy persons to be part of the climate solution - and give a word of climate warning too: It will not be great for karma to be only a part of the problem. https://youtu.be/JfBOvpbGIcQ
33 more agrees trigger contact with the recipient
•
•
93 w
The rich should not think that they are immune to climate change effects... And should use their money towards curbing it
•
•
93 w
Related: Give climate love to Brunei's first solar power park HERE https://app.wedonthavetime.org/posts/d8a57e56-fbd1-4f3a-b332-dd8deebe9e01
Mattias Goldmann
93 w
90% of Brunei's exports are fossil fuels; oil and natural gas in partnership with Shell. It has given the country great wealth, with the Sultan estimated to be the richest person alive, which may be part of the reason that diversifying the economy has barely started. A first step in the right direction is the Flagship Solar Plant, opposite the gas and oil extraction. Today solar is less than 0.2% than Brunei's energy consumption, tiny, but first steps can be followed by many more and bigger - if we give our Climate Love! https://youtu.be/_rd3Sq8cVQk
32 more agrees trigger contact with the recipient
•
•
93 w
This is great for Brunei
•
•
93 w
Related: Give climate warning to Sultan of Brunei here (read why) https://app.wedonthavetime.org/posts/ba3e5cb5-58c2-4c8d-8f20-26b52c23ff66
•
•
93 w
That's a great step forward for Brunei, I hope it creates a snowball effect
•
•
93 w
@sarah_chabane exactly! Let's push this!
Mattias Goldmann
96 w
Smack in the center of megacity Bangkok, the Benjakitti Park has just been enlarged - inauguration mid-August 2022, with an old factory lot turned into forest, wetlands, mangroves... and great walkways and runs. Great for health since many come to exercise and hang out here, and it sucks up some of the city's pollution. Great for biodiversity since plenty of birds and other animals immediately found the park. Great for climate mitigation, since all these trees take carbon dioxide from the atmosphere Great for climate adaptation, since the wetlands and swamps act as a sponge with heavy rains and floodings. That's why Bangkok deserves Climate Love for this initiative - and hopefully many to come, here and elsewhere! https://youtu.be/4wntuSaLlNg
53 more agrees trigger contact with the recipient
•
•
96 w
Bringing nature in the city this is nice...
•
•
96 w
Just to be clear: There are many things Bangkok doesn't deserve Climate Love for... which is why it is even more important to give it to them when they deserve it, hopefully pushing them in the right direction!
Mattias Goldmann
99 w
Every cup of tea helps the climate! Just want to draw your attention to the wonderful initiative from Monsoon Tea, see https://app.wedonthavetime.org/posts/cfbfdd1c-b3e2-431e-a67b-fc353aa9ae2b
•
•
99 w
I would love to sip the monsoon tea...
•
99 w
I'ld love to have a taste of the Monsoon tea.It's interesting what it's made of and how much it helps save our forests.
Mattias Goldmann
99 w
The tuk-tuk may be great fun to ride once as a tourist, but for daily commuting it is not so good - noisy, polluting, not climate friendly and always a hassle to deal with. But now Grab has started the conversion of hundreds of tuk-tuks to electric drive in Chiang Mai, northern Thailand. Give them your Climate Love - and remember to go electric when you travel! https://youtube.com/shorts/fhGljVPrrdo?feature=share
132 more agrees trigger social media ads
•
85 w
Thanks for level 2 climate love! Grab hasn't responded yet. I'll update you. /Adam We're rushed https://drift-hunters.io
•
99 w
Interesting.It'ld be nice to have the thousands of tuk tuks operating in different parts of Kenya converted to the electric system too.
Write or agree to climate reviews to make businesses and world leaders act. It’s easy and it works.
Certified accounts actively looking for your opinion on their climate impact.
One tree is planted for every climate review written to an organization that is Open for Climate Dialogue™.
•
67 w
I like small cars
•
•
67 w
Great Share!