Comments on: EU pushed towards ‘climate disclosure’ regime for investors https://www.euractiv.com/section/science-policymaking/news/eu-pushed-towards-climate-disclosure-regime-for-investors/ EU news and policy debates across languages Wed, 12 Sep 2018 09:19:13 +0000 hourly 1 https://wordpress.org/?v=4.9.5 By: Peter Hurrell https://www.euractiv.com/section/science-policymaking/news/eu-pushed-towards-climate-disclosure-regime-for-investors/#comment-309734 Thu, 07 Apr 2016 14:07:34 +0000 http://www.euractiv.com/?post_type=news&p=960206#comment-309734 Many Companies within the European Union have already shown their working issues around to produce projects which have enhanced double reporting of reductions in Green Hose Gas issues but the financial institutions seem to ignore them. The need is for the EU to triigger general funding from its welth banks and then allow such companies move forward. Most of the programmes of work as herein referenced are of medium investment risk using traditional standard process routes that are well established.

For example a Company in the Netherlands with its off-shoot Companies in the Mediterranean and Se Europe as well as in the UK has developed over six current projects usingstandard processing routes to make the renewables from waste biomass – that is available from MSW and from Food and Agriculture production as well as from Waste Water Sludges which as well as beingcommercially very interesting with payback coverage of less than 5 years can repace the equivalents of incineration ad gasification by being able to treat such wastes at a quarter of the equivalent capital costs and provide Renewable Transport Fuels such as Ethanol or replacements for Diesel at barely at very competitive sales prices. Replacing a fuel for oil-based gasoline at €urocents 60 per litre sold to the public or an oil-based Diesel substitute sold to the public at €urocents 70 per litre is a reality. Furthermore with such programmes generating over 100 permanent jobs at a time and a projected further 100 projects currently being followed within the EU – some of which are significantly larger and therefore would need 230 or more permanent persons to run cannot be ignored – as the take up over the next ten years woul create over 26,000 direct jobs and an added interest for up to 100,000 further jobs in upside industries in support.

Such a programme in South Eastern Europe has the impetus to develop within the realms of these discussions and turn Waste Organic Materials from around 440,000 tonnes per year with a capital cost of less than €170 MIllion would produce an output of a Diesel fuel substitute which could meet the fuel needs of over 90000 cars or to the needs of 10,000 Heavy Goods Vehicles permanently fuelled aat a blend ratio of 50%, or to provide a Light Fuel for Shipping equivalent to the need of 10 Cruise liners year or 15 Ferries working beteen the Greek Islands at all times. Other projects are also around and are of comparable status as Shovel-Ready projects that can contibute to a duality of meeting waste treatment needs and in renewable fuels production in the same vein running all around the Mediterranean across the EU to and including the UK and Ireland with the potential to save money on the member states expenditure for waste treatment alone running into €ur tens of Billions.

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