Tennant Reed @TennantReed
Melbourne-based climate & energy policy wonk with Ai Group. CBAM obsessive. Cohost of the Let Me Sum Up podcast. Bonus nerdery & food! letmesumup.net Melbourne, Victoria Joined September 2016-
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1/6 China’s steel industry has become a stand-in for the overall economy, with growing supply facing declining domestic demand. According to the World Steel Association, China produces roughly 55% of all the steel produced in the world. sc.mp/u3x3q?utm_sour…
This episode of the Let Me Sum Up podcast also includes a plug for @Dorianlynskey ‘s excellent new book about the idea of the end of the world (and how we imagine it), “Everything Must Go”. panmacmillan.com/authors/dorian…
This episode of the Let Me Sum Up podcast also includes a plug for @Dorianlynskey ‘s excellent new book about the idea of the end of the world (and how we imagine it), “Everything Must Go”. panmacmillan.com/authors/dorian…
theguardian.com/australia-news… Eraring extension for 2-4 years to be announced in coming days? ($$$ in piece are speculative for now) To be seen: - how much will it actually need to run, versus be available? - what impact on other coal gens? - how fast will new resources arrive?
Very handy rapid reaction to last week’s US EPA power plant emissions rules, from @JesseJenkins and @robinsonmeyer podcasts.apple.com/au/podcast/shi…
Great update on global EV state of play.
💧simon holmes à c.. @simonahac
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5K Followers 2K Following SG of @helloheatpumps, keen supporter of green & energy efficient energy. 100% is possible. #HP in the basement: working very well! tweets = own opinion1/6 China’s steel industry has become a stand-in for the overall economy, with growing supply facing declining domestic demand. According to the World Steel Association, China produces roughly 55% of all the steel produced in the world. sc.mp/u3x3q?utm_sour…
6/6 I suspect many steel producers will respond by protecting their steel industries, but this will be tougher for major steel exporters. After China, the largest steel exporters are Japan, South Korea, German, Turkey, Russia, Italy, Belgium, India and Brazil.
@TennantReed I’m good with Earth and maybe some other planets. Not a big fan of Dyson spheres. Neither was Dyson.
I’d level up this and recommend a US and even North American wide (including Mexico!) transmission planning agency, with the goal of generating very cheap & clean power from all sources and balancing it on a North American scale. One needs aspirations 😉
“New HVDC lines” It can be done. Texas should export power in every direction.
Insulating our housing stock doesn’t have to be done overnight. Windows and siding have to be replaced eventually. When that happens, we should use better windows and add a few inches of exterior insulation. 2 inches of continuous exterior insulation and better windows can more…
This is a big reason why home insulation is undervalued. Insulation provides the most benefit in the most extreme conditions. Most of the time when people are optimizing how much to insulate, they’re using yearly averages for electricity or natural gas pricing. Those averages…
The recent tight correlation between EU carbon and TTF gas prices makes me wonder about a new paradigm: Carbon & Gas is linked not only via Fuelswitching, but also increasingly via hedging by gas industry of its decarbonisation efforts 📉 #EUETS
I graduated with my law degree today, from @UTSLaw. I started it in 2019, which is like an entire century ago, but I fucking finished it, and looking forward to reading for fun again.
@TennantReed "Still a problem?" **Still** a problem?!! I'm pretty sure we don't have a realistic grasp of the amount of current leakage let alone it no longer being something we don't have to worry about anymore...
“Emissions fell by a steep 15.5% in 2023, largely driven by reductions in carbon from electricity generation and industry. eu countries added 17 gigawatts of windmills and covered roofs and fields with 56gw of new solar panels. Officials reckon 2024 will be another record year.”
Carbon emissions are dropping—fast—in Europe. Thanks to a price mechanism that actually works economist.com/europe/2024/04…
“The commission’s modelling suggests that current policies should get the bloc to an 88% reduction of overall emissions by 2040, compared with 1990 levels. With the 2030 target of a 55% reduction within reach, the eu should be able to agree to a target for 2040 of 90%.”
Pricing most CO2 emissions at 60-100 euros/t and having the gall to announce you’re going to throw up a border carbon adjustment to protect priced industry … works 🙃🤣
Carbon emissions are dropping—fast—in Europe. Thanks to a price mechanism that actually works economist.com/europe/2024/04…
@TennantReed @flexibledragnet @CapitalGiants Just to expand that statement: 64% of the tech required is on the market, 34% is under development & 2% is classified as non technology measures.
7/7 There is likely to be a limit to how much exposure Chinese companies want in developing countries, but for now, the more China invests directly in developing countries, the less damage its demand-suppressing policies create for the global economy.
At the 2024 Beijing Auto Show, CATL introduced the Shenxing PLUS battery: • 205 Wh/kg at system level • supports 4C charging allowing for 600 km in 10 min • 1000 km per charge • LFP cathode They mention an interesting detail: “three-dimensional honeycomb materials to…
In scenarios that "limit warming to 1.5°C (>50%) with no or limited overshoot", to use IPCC speak, most scenarios go over 1.5°C and return later... These scenarios also have radical emission reductions starting in 2020 & large-scale use of Carbon Dioxide Removal (CDR). 1/
I helped lead a report on steel decarbonization policy. This is a fun one - trade, investments, data, beyond, all coming together! 1.3 billion federal dollars are flowing into world class clean steel facilities - now its time to start thinking about endgame!
Look what arrived in a mail, the ipcc synthesis report. Fond memories well memories anyway) of the government approval session a little over a year ago.
Global electric car sales are on track to grow strongly again this year, reaching about 17 million With more than 1 in 5 cars sold worldwide in 2024 set to be electric, the rise of EVs is transforming the auto industry & the energy sector More from @IEA: iea.li/3Us3ZYF
@IEA Electric cars' growth this year builds on a record-breaking 2023, when sales soared by 35% to almost 14 million Demand was largely concentrated in China, Europe & the US, but momentum is picking up in key emerging markets such as Viet Nam & Thailand ➡️ iea.li/3xNUUk0