Everlution Newsletter

For Tuesday 6 October 2020 provided by Ecoprofit.com.au (#letsfindsolutions)

News for green investors and organisations, stock watch & grant opportunities

This Invention Gives Me So Much Hope

The scientists who re-engineered the plastic-eating enzyme PETase have now created an enzyme ‘cocktail’ which can digest plastic up to six times faster. A second enzyme, found in the same rubbish dwelling bacterium that lives on a diet of plastic bottles, has been combined with PETase to speed up the breakdown of plastic.

PETase breaks down polyethylene terephthalate (PET) back into its building blocks, creating an opportunity to recycle plastic infinitely and reduce plastic pollution and the greenhouse gases driving climate change. PET is the most common thermoplastic, used to make single-use drinks bottles, clothing and carpets and it takes hundreds of years to break down in the environment, but PETase can shorten this time to days.

The initial discovery set up the prospect of a revolution in plastic recycling, creating a potential low-energy solution to tackle plastic waste. The team engineered the natural PETase enzyme in the laboratory to be around 20 percent faster at breaking down PET.

Now, the same trans-Atlantic team have combined PETase and its ‘partner’, a second enzyme called MHETase, to generate much bigger improvements: simply mixing PETase with MHETase doubled the speed of PET breakdown, and engineering a connection between the two enzymes to create a ‘super-enzyme’, increased this activity by a further three times.

Bring it on, but lets get plastic use down. Humans are now eating microplastics in the food chain?..and?. breathing it in from the air.

Grants/Subsidies/Funding ? Local Sports Grant Program NSW

Applications for the Local Sport Grant Program (LSGP) close tomorrow?5pm 7 October 2020.

The grant aims to increase regular and on-going participation opportunities in sport in NSW.

The overall objectives of the Program are to:

  • Increase regular and on-going participation in sport.
  • Increase participation and access for women, girls or population groups with low rates of participation.
  • Address barriers to participation in sport or structured physical activity.
  • Assist sport clubs to provide quality service to their members and meet community needs.

Your project must address at least one of these objectives and demonstrate how it aligns to the?Office of Sport Strategic Plan.

Funding available to this program is $4,650,000. $50,000 will be allocated to all 93 electorates throughout NSW. The maximum amounts available are:

  • Sport Development: $2,000
  • Sport Events: $5,000
  • Sport Access: $5,000
  • Sport Facility $15,000.

For more information go to https://www.sport.nsw.gov.au/clubs/grants/localsport

CTI launches October 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 October, 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 ? To reduce your carbon footprint in the kitchen

Share watch ? Infinite Blue Energy keeps rollin? on

Petrofac?s Engineering and Production Services (EPS) business has been awarded its first ever green hydrogen Front End Engineering Design (FEED) contract for Infinite Blue Energy?s landmark Arrowsmith Hydrogen Project, which will become Australia?s largest commercial-scale green hydrogen complex.

FEED contracts focus on technical requirements and identifying main costs for a proposed project.?It is used to establish a price for the execution phase of the project and evaluate potential risks.

The contract represents a significant strategic step in Petrofac?s continued expansion into new and renewable energy and quickly follows its recently announced award and partnerships to support Carbon Capture Storage and hydrogen projects in the UK and abroad. Last month the company pledged its commitment to reach Net Zero emissions by 2030, with its EPS business expected to achieve Net Zero by 2025.

As part of the main study, Petrofac will build a robust Engineering, Procurement and Construction (EPC) design, cost and schedule estimation to support final investment decision.

Located in Western Australia, the Arrowsmith Hydrogen Project is expected to commence production by the end of 2022 and will generate 25 tonnes of?green?hydrogen?per day from the zero carbon energy sources of water, solar and wind.?The project is expected to drive significant growth in regional jobs, energy security and a considerable reduction in Western Australia?s carbon emissions.

Commenting, Petrofac Engineering & Production Services? Chief Operating Officer, and global Corporate Development Officer*, John Pearson, said: ?Infinite Blue Energy has committed to become a true Carbon Zero commercial?green hydrogen?producer, the first of its kind in Australia.

IBE Chief Executive Officer Stephen Gauld said: ?Through the completion of the Arrowsmith project and IBE?s innovative business model, Australia can advance its interests on the global stage as a leader in the development of ground-breaking green hydrogen energy solutions and accelerate the creation of a major employment strategy and industry for Australia in the immediate future. We are delighted to partner with Petrofac, who bring world-class engineering experience to this vital project.?

We will keep readers posted of IBE?s IPO, anticipated for February 2021.

Financial indicators

The VIX fear gauge up by 1.93 points since last Tuesday EST to 27.96.

The Dow Jones Industrial Average up since last Tuesday EST by 564.58 points or 2.05% to 28, 148.64, the STOXX 600 up 2.24 points or 0.62% to 365.63 and the Shanghai Composite index down 16.34 points or 0.51% to 3,218.04.

Gold on 1,887.60. US 10-year Treasury Bonds on 0.774 and oil on 40.40. Cryptos Bitcoin up 96 points since last Tuesday or 0.90% to 10,785.

ASX 200 down 0.70 of a point or 0.01% since last Tuesday to 5,958.30. The Aussie dollar on 71.91US cents.

Eco Market Spot Prices

LGC $44.60

STC $38.20

ESC $27.10

VEEC $35.25

ACCU $16.20

Sources:?RenewEconomy, demandmanager,? Reuters, SMH, Market Watch, Crikey