For Tuesday 4 August 2020 provided by Ecoprofit.com.au (#letsfindsolutions)
News for green investors and organisations, stock watch & grant opportunities
The HUGE Benefits of Aussie Green Manufacturing
New research from the Centre for Future Work reveals that Australia ranks last among all OECD countries for manufacturing self-sufficiency. The COVID-19 pandemic has reminded Australians of the importance of being able to manufacture a full range of essential equipment and supplies; and the COVID recession has created a large economic void that a revitalised manufacturing sector could help to fill in coming years.
This new report,?A Fair Share for Australian Manufacturing, describes the strategic importance of the manufacturing sector to Australia’s future prosperity. Australia has a chance to generate a massive boost to the economy and revitalise a shrinking manufacturing sector by embracing clean energy technologies, a new research report has argued.
It found that Australia could substantially boost gross domestic product and create as many as 400,000 new jobs by targeting industry support towards green manufacturing jobs, including renewable energy and battery storage production.
The research report cites battery manufacturing has a high-prospect industry for Australia, recognising that Australia already has most of the raw materials necessary to produce leading energy storage technologies like lithium-ion batteries.
Australia is one of the world?s leading producers of raw lithium, but the material is worth dramatically more once it has been processed into a form suitable for use in battery manufacturing. It is worth more, again, once used in end battery products.
The Western Australian government has found that the international markets for lithium-ion batteries could grow 10-fold by 2025, as demand for energy storage systems and the sales of electric vehicles continue to surge.
By value-adding the raw materials that are present within Australia, it is possible to grow the value of Australia?s exports while also creating new job opportunities in modern industries that are set to grow rapidly in coming decades. ?These findings confirm the enormous task ahead of the country in rebuilding our domestic manufacturing capacity. However, it also highlights the enormous economic benefits that would be generated by getting manufacturing back to a proportional size: including $180 billion in new sales, $50 billion in new GDP, and over 400,000 new direct jobs,? the report says.
Grants/Subsidies/Funding ? National Product Stewardship Investment Fund – 2020
Department of Agriculture, Water and the Environment has announced the National Product Stewardship Fund for 2020. The objectives of this grant opportunity are to support organisations across Australia to:
- accelerate work on new industry-led product stewardship schemes, and
- improve the rates of recycling across new and existing schemes
There is $14 million available for this grant opportunity. The minimum grant is $300,000 and the maximum grant is $1 million. You can use your grant for one or more of the following activities:
- business case development
- scheme design
- scheme implementation
To be eligible you must have an Australian business number (ABN) and be one of the following incorporated entities:
- an incorporated not for profit organisation
- an incorporated association
- a company
- a company limited by guarantee
If you?re a scheme administrator of a regulated federal or state government product stewardship scheme, you?re eligible if you?re one of the above entities and your proposed project is not related to a regulated scheme.
Total Amount Available (AUD): $14,000,000
Estimated Grant Value (AUD): From?$300,000.00?to?$1,000,000.00
Click here too apply.
The Fund closes 21 August 2020.
CTI August specials month
As climate change events increase in number and ferocity, so does climate change risk for businesses and organisations.
To remove or control this risk, organisations need to be equipped with the right practical knowledge. Carbon Training International (CTI) offers courses that give clear direction to understand how to deal with climate change risk.
CTI courses include Strategic Carbon Management, Carbon Accounting, Applied Energy Efficiency, Reducing Fleet Emissions and Carbon Offsetting.
For all courses commencing in August, CTI is offering a 15% discount. You can easily enrol in one of CTI?s online webinar courses at https://co2ti.com/. Just choose your preferred course and course start date. Extra course dates can be arranged.
The good news: carbon emissions and business costs are linked. The more an organisation reduces its carbon emissions the more it reduces its costs.
Eco-tip for the day ? Tree-Free Home
As much as possible, create a tree-free home:
- replace paper napkins with cloth napkins.
- replace paper towels with a special set of cloth towels/napkins (or cut up old t-shirts for great towels) – store the used ones in a small container or drawer in your kitchen and just wash and reuse.
- install a tree-saving?bidet and supplement with bleach-free, 100% post-consumer recycled toilet paper.
- if you print documents, print on once-used paper and/or bleach-free, recycled paper with the highest post-consumer waste content available.
- switch to a digital organizer for tracking your to do’s and grocery lists. A few free suggestions.
- reuse envelopes, wrapping paper, the front of gift cards (as postcards) and other paper materials you receive wherever possible.
- read books, magazines, and newspapers from your local library or online (many have email newsletters).
- create and use note pads from once-used paper.
- make your own cards/letters from once-used products or handmade paper or buy at thrift stores.
Share watch ? Titan Minerals Ltd (TTM:ASX)
Titan Minerals Ltd (?Titan?, ?the Company?) is an Australian minerals exploration company focused on gold and copper exploration in Ecuador. Titan?s flagship assets are the 100% owned Dynasty Gold Project and the Copper Duke Project both situated in in Ecuador?s southern Andean copper-gold belt.
Dynasty is the Company?s most advanced asset and consists of five concessions totalling 139km2 with a 2.1MozAu Foreign Resource Estimate averaging 4.5 g/t gold. The Copper Duke Project is a 130 km2 tenement position with high quality copper-gold porphyry potential. Titan also owns the Linderos gold project where a recent high gold discovery was made. In June 2020, Titan announced a $14.5 million capital raising to accelerate progress of its Ecuadorian gold projects.
The graph shows the company?s trading performance over the last year.
The VIX fear gauge down by 0.56 of a point since last Tuesday EST to 24.28.
The Dow Jones Industrial Average up since last Tuesday EST by 79.63 points or 0.30% to 26,664.40, the STOXX 600 down 4.42 points or 1.21% to 363.44 and the Shanghai Composite index up 135.67 points or 4.20% to 3,363.58.
Gold on 1,961.50. US 10-year Treasury Bonds on 0.555 and oil on 40.73. Cryptos Bitcoin up 330.00 points since last Tuesday or 3.01% to 11,294.00.
ASX 200 up 33.60 points or 0.56% since last Tuesday to 6,053.10. The Aussie dollar on 71.18US cents.
Eco Market Spot Prices
Sources:?RenewEconomy, demandmanager,? Reuters, SMH, Market Watch, Forbes