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BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

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The global net zero transition can represent a $3.5-trillion trillion investment opportunity for Indonesia, according to a new report published at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia. trillion under the NZS.

Indonesia 195
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Nornickel presents market review of nickel and platinum group metals

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Despite extremely low LME nickel exchange inventories, which are currently at the 2007 level and amount to less than 5 days of global use only, the LME nickel contract was down by 30% since the beginning of the year. Nornickel remains the largest high-grade nickel producer with one of the lowest carbon footprints. Mt to 3.22

Market 304
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Lux: California’s Low Carbon Fuel Standard will become a global phenomenon; carbon intensity, not volume

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California’s approach to transportation fuel policy—its Low Carbon Fuel Standard (LCFS)—will become a global phenomenon, suggests Lux Research. For example, the US and Brazil are major corn and sugarcane ethanol producers, respectively, and Malaysia and Indonesia are major palm oil biodiesel producers.

Carbon 150
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Neste-led project verified 50% methane emission reduction at palm oil mills using belt filter press

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Crude palm oil is one of the more than ten renewable raw materials that Neste uses to produce a range of renewable products, including renewable diesel. Palm oil represents approximately 20% of Neste’s renewable raw material usage annually. The field work was conducted by Meo Carbon Solutions. Schematic of a belt filter press.

Oil 244
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New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

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When peat swamps are drained for agriculture, the peat begins to decompose, and is an enormous source of carbon emissions. Based on visual interpretation of high-resolution (30 m) satellite images, a new study in the journal Global Change Biology: Bioenergy determined that industrial plantations covered over 3.1 —Miettinen et al.

Oil-Sands 314
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Researchers show oil palm plantation expansion a significant source of CO2; projected to contribute more than all of Canada’s current fossil fuel emissions by 2020

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Oil palm supplies more than 30% of world vegetable oil production. Its expanding production is driving rainforest destruction and massive carbon dioxide emissions, according to a new study led by researchers at Stanford and Yale universities. Indonesia is the leading producer of palm and palm kernel oil.

Oil 273
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WWF and Toyota form global partnership, join forces on Living Asian Forest Project; a focus on rubber

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Through this partnership, the organizations will work together to promote biodiversity conservation, raise environmental awareness and accelerate the move toward a “zero carbon” society. Toyota is the first car company and the first Japanese company to sign a Global Corporate Partnership agreement with WWF.

Toyota 150