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Reaching UK net zero target cheaper than we thought, says climate adviser

The Guardian - Thu, 2020-11-12 17:00

Exclusive: Chris Stark says cost is surprisingly low but criticises government for absence of a plan

Reaching net zero carbon emissions in the UK is likely to be much easier and cheaper than previously thought, and can be designed in such a way as to quickly improve the lives of millions of people, a senior adviser to the government has said.

Chris Stark, the chief executive of the Committee on Climate Change, the UK’s independent statutory adviser, said costs had come down rapidly in recent years, and past estimates that moving to a low-carbon economy would cut trillions from GDP were wrong.

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Graph of the day: Australia’s gas fleet fails Europe’s “transition fuel” test

RenewEconomy - Thu, 2020-11-12 13:13

gas stove burning gasTough new gas standards in Europe might revoke the 'transition fuel' label for gas. How does Australia fare?

The post Graph of the day: Australia’s gas fleet fails Europe’s “transition fuel” test appeared first on RenewEconomy.

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Clean energy sector concerned new foreign relations laws could kill investment

RenewEconomy - Thu, 2020-11-12 13:10

Clean energy sector raises concerns that new foreign affairs laws could impose new regulatory burdens on wind and solar projects, and stymie new investment.

The post Clean energy sector concerned new foreign relations laws could kill investment appeared first on RenewEconomy.

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Mick de Brenni named new Queensland minister for renewables and hydrogen

RenewEconomy - Thu, 2020-11-12 13:04

Mick De brenni queensland labor minister - optimisedMick de Brenni appointed Queensland minister for energy, renewables and hydrogen. Australia's first dedicated minister for hydrogen.

The post Mick de Brenni named new Queensland minister for renewables and hydrogen appeared first on RenewEconomy.

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An Australian man successfully sued his super fund over climate risk. Here's what that means for your nest egg

The Conversation - Thu, 2020-11-12 12:17
The groundbreaking legal case has changed the game for how Australia's $3 trillion superannuation industry invests, and how members are protected from climate risk. Anita Foerster, Senior Lecturer, Monash University Licensed as Creative Commons – attribution, no derivatives.
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The burning scar: Inside the destruction of Asia’s last rainforests

BBC - Thu, 2020-11-12 10:17
Exclusive: A forensic investigation finds evidence of deliberate burning in Papua's palm oil plantations.
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CP Daily: Wednesday November 11, 2020

Carbon Pulse - Thu, 2020-11-12 10:12
A daily summary of our news plus bite-sized updates from around the world.
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Innovation and Climate Action Consultant, UN-Habitat – Brussels (Initially Remote)

Carbon Pulse - Thu, 2020-11-12 09:05
Organization: UN-Habitat Position: Innovation and climate action consultant Duty Station: Brussels, Belgium | Initially Remote Deadline for Application: 23 November 2020
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AEMO charts “transmission roadmap” to guide Victoria to 50pct renewables

RenewEconomy - Thu, 2020-11-12 08:49

AEMO to help establish new renewable energy zones in Victoria, as part of $3.5bn of network projects to help smooth transition to 50% renewables by 2030.

The post AEMO charts “transmission roadmap” to guide Victoria to 50pct renewables appeared first on RenewEconomy.

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Colombian ETS may not begin pilot phase until 2024 -govt official

Carbon Pulse - Thu, 2020-11-12 07:52
Colombia may not launch the pilot phase of its cap-and-trade programme under development until 2024, while the country seeks to finish the design of the ETS by year-end, a government official said Wednesday.
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California mints more than 1 mln new offsets for fifth straight issuance

Carbon Pulse - Thu, 2020-11-12 07:50
California granted nearly 1.2 million new compliance offsets this week as state regulator ARB pushed its streak of 1-mln plus issuances to five consecutive periods, according to data published Wednesday.
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Czechia gets EU green light to start indirect ETS compensation

Carbon Pulse - Thu, 2020-11-12 07:11
Czechia has received EU clearance to begin paying partial compensation for indirect carbon costs to its energy intensive industries.
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Fortescue leads “stampede” into green energy with stunning plans for 235 gigawatts of wind and solar

RenewEconomy - Thu, 2020-11-12 06:55

Fortescue to lead "stampede" into renewables with stunning plan to build more than 235GW of wind and solar capacity and a green hydrogen industry.

The post Fortescue leads “stampede” into green energy with stunning plans for 235 gigawatts of wind and solar appeared first on RenewEconomy.

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Biden administration likely working on revised NDC as US eyes Paris Agreement return, experts say

Carbon Pulse - Thu, 2020-11-12 06:40
President-elect Joe Biden’s transition team may be already crafting a new GHG reduction target as the incoming administration works to swiftly return the US to the Paris Agreement, while Congressional bipartisan support for climate policy could still occur even with Republican control of the Senate, experts said Wednesday.
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Mini-nuclear plants may be an experiment worth exploring

The Guardian - Thu, 2020-11-12 05:37

Roll-Royce gave an eye-catching pitch but the economics of nuclear power needs further inspection

An energy white paper is in the offing, so consider Rolls-Royce’s pitch for the wonders of small modular reactors (SMRs) a piece of last-minute lobbying. After all, it is clear already that more nuclear, in combination with more offshore wind capacity, is likely to be judged a central way to meet the UK’s targets for cutting carbon emissions.

It’s an eye-catching pitch. “A domestic energy solution for the first time in a generation, with a product that is engineered, designed and manufactured in the UK,” as Tom Samson, the chief executive of the nine-member Rolls-led UK SMR consortium puts it. So not one of those mammoth £20bn-plus French-led and Chinese-backed Hinkley Point C constructions.

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UN could start issuing Article 6 carbon credits from 2023 -researcher

Carbon Pulse - Thu, 2020-11-12 05:26
The UN could begin issuing carbon credits from former CDM projects under the Paris Agreement’s Article 6.4 mechanism as early as 2023, an event heard Wednesday.
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Romanian utility CE Oltenia crafts plan to wean itself off coal

Carbon Pulse - Thu, 2020-11-12 05:25
State-owned Romanian utility CE Oltenia has crafted a restructuring plan that envisages €1.33 billion in government grants to help pay its EU ETS bills for five years, the company said.
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Curious Kids: Do worms have blood? And if so, what colour is it?

The Conversation - Thu, 2020-11-12 05:19
Pink blood, green blood, or no blood at all – when it comes to what's inside a worm's body, the answer is more complicated – and fascinating – than you'd think. Mark Sandeman, Honorary Professor, Federation University Australia Licensed as Creative Commons – attribution, no derivatives.
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EU Market: EUAs end little changed after 4% rise unravels

Carbon Pulse - Thu, 2020-11-12 04:24
EU carbon prices rose nearly 4% on Wednesday to test Monday’s one-month high, but profit-taking and technical selling caused the day’s gains to completely unravel, traders said.
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Birds' genetic secrets revealed in global DNA study

BBC - Thu, 2020-11-12 04:00
Scientists have sequenced the "code of life" of species from almost every branch of the bird family tree.
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