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Your G7 greenwashing guide: How Australia will feign climate ambition
Instead of focusing on reducing emissions, Australia's government is putting great effort into greenwashing and twisting statistics. Here's how.
The post Your G7 greenwashing guide: How Australia will feign climate ambition appeared first on RenewEconomy.
Climate change is making ocean waves more powerful, threatening to erode many coastlines
Germany targets EU aviation allocation in carbon price stance -leaked document
Aviva might benefit from an agitator but the risk is over-reach | Nils Pratley
Cevian’s call for more capital to be returned is beyond what most City analysts think possible
An activist investor would have been very useful at Aviva for most of the insurer’s 20-odd years of existence, frustrated shareholders will feel. Outside the banking sector, it’s hard to think of a major UK financial services company that has disappointed its investors so often, or showered such large rewards for failure on its chief executives. The share price is less than half what it was at the time of formation via a three-way merger at the turn of century.
The activist that Aviva has finally attracted is Cevian Capital, which has turned up with an £800m, or 5%, stake just at the moment when Amanda Blanc, chief executive since last July, seems to be the first boss with a decent plan.
Continue reading...RIN prices to fall this year as bullish factors wane -analysts
Euro Markets: EUAs rise above €52 on gas gains, bullish technicals
Poland’s Belchatow, EU’s largest emitter, to start closing lignite units from 2030 -draft plan
INTERVIEW: Offset venture Vertree targets big emitters for scale-up of voluntary carbon market
California’s April power emissions rise to 2016 levels as hydro continues to lag
Public grasps threat to ocean even as leaders fail to meet targets, poll finds
Survey to mark World Oceans Day finds 94% in England and Wales believe the fate of oceans and humans is inextricably linked
As people mark World Oceans Day today, an overwhelming 94% of people in England and Wales believe the fate of the oceans and humans are inextricably linked, while more than half rate global ocean health as “poor or very poor”, according to a government survey.
The online survey of 8,000 people, carried out for the Department for Environment, Food & Rural Affairs (Defra) and the Ocean Conservation Trust earlier this year, reveals the depth of public understanding of the link between the health of the oceans and the multiple pressures upon them.
Continue reading...Australia Market Roundup: Voluntary CER cancellations top 3.2 mln in May, as govt funds first DAC demonstration project
Gas and coal companies among recipients of $50m in Coalition grants from carbon capture fund
Santos liquified natural gas scheme among six projects to receive public support
The Morrison government has announced the first $50m in grants from a new carbon capture, use and storage (CCS) fund, including awarding up to $15m to gas company Santos and $5m to a coal power project owned by mining giant Glencore.
The funding is drawn from a promised $263.7m for the controversial technology, which most often involves capturing industrial greenhouse gas emissions as they are released and injecting them underground.
Continue reading...Video shows New South Wales beach covered in dead beach worms after aerial spraying – video
A video posted to social media shows Yagon beach near Seal Rocks covered in dead beach worms. Often very difficult to catch, the video shows two men easily pulling the worms out of the sand and dumping them in a pile.
Warning: Strong language
Meridian may sell Australian assets, as renewables exodus continues
Meridian Energy announces review of Australian assets, including possible divestment of 294MW of renewables and energy retailer Powershop Australia.
The post Meridian may sell Australian assets, as renewables exodus continues appeared first on RenewEconomy.
Could dumping save the reef? CSIRO finds it’s possible to turn back clock on effects of fossil fuel burning
Tonnes of crushed rocks could help the Great Barrier Reef recover from global warming, but the ‘reckless’ idea comes with ‘unquantified risks’
Continually dumping crushed rocks from a bulk carrier along a Great Barrier Reef shipping route could counteract the acidification of ocean water caused by fossil fuel burning, but would come with unknown side effects on the marine environment and coral reefs, according to a study from Australia’s science agency.
In what is described as a “first order assessment”, scientists at CSIRO found it was theoretically possible to turn back the clock on the effect of decades of fossil fuel burning, but the radical step came with “as yet unquantified risks”.
Continue reading...Norway to conduct ‘cruel’ minke whale tests despite opposition
Scientists say experiments could cause whales stress and injury and call for them to be scrapped
Plans to capture and run six-hour-long sound tests on young minke whales are set to go ahead in Norway despite condemnation from more than 50 international scientists and wildlife experts as “completely unacceptable”.
According to the plans, approved by the Norwegian Food Safety Authority, over one or two seasons a dozen juvenile minke whales will be captured in a strait off Vestvågøy island in the Lofoten area of northern Norway, where the animals pass through every year on their way to feeding areas further north in the Barents Sea.
Continue reading...Global carbon dioxide levels continued to rise despite pandemic
Emissions rose to 419 parts per million in May, the highest such measurement in the 63 years that the data has been recorded
The data is in: carbon dioxide levels in the atmosphere hit 419 parts per million in May. The levels have now reached the dangerous milestone of being 50% higher than when the industrial age began – and the average rate of increase is faster than ever.
The figure is the highest measurement of the crucial greenhouse gas in the 63 years that data has been recorded at the Mauna Loa Atmospheric Baseline Observatory in Hawaii – despite slowdowns in air travel and industry during a global pandemic in the past year.
Continue reading...Woodside’s “net zero” Pluto plan will allow emissions to more than double
Acitivists say they are "dumbfounded" by the WA government's decision to approve the plan, saying it also ignores scope 3 emissions.
The post Woodside’s “net zero” Pluto plan will allow emissions to more than double appeared first on RenewEconomy.
Great Solar Business Podcast: How to flip your solar business
Echo Group founder Erik Zimmerman joins Nigel Morris to discuss some of the tricks of the solar trade.
The post Great Solar Business Podcast: How to flip your solar business appeared first on RenewEconomy.
NSW launches $50m grant program for pumped hydro projects
NSW government launches a $50 million grant program, hoping to attract up to 3,000MW of pumped hydro projects to the state.
The post NSW launches $50m grant program for pumped hydro projects appeared first on RenewEconomy.