Shareholder activist tilburn approaches 500 agms of production
On November 16th, 2015, two days after Tilburn's announcement that he had reached 500 megawatts of capacity in South Australia, an agrochemical producer contacted them with an interesting problem.
The producer wanted to reduce its energy consumption by making its product less potent, by increasing its yields through the use of carbon capture and storage (CCS).
CCS is a technology that converts carbon dioxide into electricity by capturing it in a tank, then injecting a liquid carbon dioxide into the tank. This enables the carbon dioxide to be removed from the solution. In conventional CCS, this reduces electricity consumption by around 40 percent by using CCS to convert carbon dioxide directly into electricity.
However, in some countries such as South Australia, a huge amount of carbon dioxide is captured in CCS (for example, on the farms of Cape Harwood, in South Australia), and, therefore, its value is reduced.
A large number of these farms are in the agricultural community and these farms are not well known in the agrochemical industry. The company asked if it could reach a level that was satisfactory to the South Australian industry.
It said they needed to increase its carbon dioxide to 550 megawatts by producing 3 tons of biofuel per month, increasing its yield by 50 percent, and reducing energy consumption by around 80 percent. The company also said that they had no intention of building an industrial CCS plant, and only wanted to use the energy of the atmosphere, so the plant could never be developed.
While this was a reasonable request for a low-energy alternative to biofuel production, it has been reported in the media that they have never actually applied for the licence to do so, and this was probably because they were unaware that they were applying for such a project.
They also needed to install a CO2 capture plant, so they asked if they could simply put in a CO2 capture device, to capture the CO2 emitted by the CCS plant.
The company suggested installing a CO2 capture plant, which they said would reduce energy consumption by 80 percent, and the greenhouse gas emissions would also decrease significantly, because the CO2 capture plant would prevent the use of fossil fuels in this production.
While this project was a reasonable request, and certainly a reasonable one for the company, they did not consider the fact that the emissions associated with CCS would be approximately 80 percent less than those associated with biofuel plants.
However, this project had been approved, and they were now approaching the amount of capacity and CCS capacity needed.
However, they didn't know it had actually been approved, so they tried to contact the Minister for Energy and Resources, but had no luck, an
Imb wins building society of the year award
The Mayor of London has been recognised for building societies of the year - the London Builders and Innovators' Society (LBCI).
Sadiq Khan was named the LBCI's new Mayor for his contribution to the City's planning framework.
Mr Khan also received a Golden Foil from the Society for the Protection of Historic Places (SPHP).
Khan 'enthusiastically supports' Mayor Boris Johnson
The LBCI is the only British society of its kind worldwide with a focus on the private sector sector and housing supply.
LBCI founder and chairman Martin Lettieri said: "Sadiq has demonstrated a tireless and unwavering passion for this great city.
"He is both brilliant and compassionate and we know that he will keep London up for Londoners to enjoy."
The LBCI believes public service policy and policies impacting on the housing market, local planning and land use are vital for the success of our city.
The membership is made up of members from the private, local and government sectors. It is the only British society of its kind worldwide.
Mr Khan said: "I want to thank Martin for his amazing commitment to London as Mayor and all the many outstanding members of the LBCI.
"As a public sector organisation we need to engage with Londoners to ensure we are creating more jobs and making our communities more appealing."
LBCI has been running since 2012. Members are nominated by leading members of the private sector and private sector developers.