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TransAlta emissions fall 20% in 2020 amid lower Alberta coal generation
European wind power weathers Covid19, but faces headwinds
A new report shows European wind power weathered COVID19 but faces a range of new threats including a permitting restrictions.
The post European wind power weathers Covid19, but faces headwinds appeared first on RenewEconomy.
We've made progress to curb global emissions. But it's a fraction of what's needed
Environmental group urges Virginia commission to reject Dominion’s RGGI procurement strategy
PREVIEW: Virginia, post-2020 changes add uncertainty to Q1 RGGI auction
UK readies efforts to put London as global offset hub, maintains carbon price floor
Budget 2021: No 'green revolution' from Sunak
Global lockdown every two years needed to meet Paris CO2 goals – study
Equivalent falls in emissions over a decade required to keep to safe limits of global heating, experts say
Carbon dioxide emissions must fall by the equivalent of a global lockdown roughly every two years for the next decade for the world to keep within safe limits of global heating, research has shown.
Lockdowns around the world led to an unprecedented fall in emissions of about 7% in 2020, or about 2.6bn tonnes of CO2, but reductions of between 1bn and 2bn tonnes are needed every year of the next decade to have a good chance of holding temperature rises to within 1.5C or 2C of pre-industrial levels, as required by the Paris agreement.
Continue reading...EU Midday Market Briefing
COMMENT: New claims for a new era of private sector carbon finance
'UK first' nuclear fusion plan for Nottinghamshire power station
Guangdong keeps lid on offset use, gets timetable back on track
Global oil companies have committed to 'net zero' emissions. It's a sham | Tzeporah Berman and Nathan Taft
The energy industry is like a smoker who goes from one pack a day to two – but claims they’re quitting because they switched to filtered cigarettes
The United Nations campaign Race to Zero recently published a paper identifying 20 pathways to reach net zero carbon emissions. In December, the British Oil & Gas Authority published a requirement that oil and gas development be “consistent with net zero” (despite approval of new offshore permits). BP, Shell and other multinational companies have all now published their “net zero” pathways.
Related: The climate crisis can't be solved by carbon accounting tricks | Simon Lewis
Continue reading...Carbon Pulse strengthens unrivalled voluntary markets coverage with expert ‘Net Zero’ hire
The climate crisis can't be solved by carbon accounting tricks | Simon Lewis
Disaster looms if big finance is allowed to game the carbon offsetting markets to achieve ‘net zero’ emissions
An astonishing global shift is under way: 127 countries have now stated that by mid-century their overall emissions of carbon dioxide will be zero. That includes the EU, US, and UK by 2050 – and China by 2060. Companies are enthusiastically signing up to similar “net zero” goals. Finally the international community seems to have accepted the scientific fact that we need to stop adding greenhouse gases to the atmosphere to stabilise our climate. Dare we hope that the climate crisis can be brought under control?
Perhaps, but big problems remain. Long-term commitments have not resulted in sufficient near-term actions. The world is on track for emissions to be just 0.5% below 2010 levels by 2030, compared with the 45% needed on the road to net zero by 2050. The pivotal Glasgow Cop26 climate talks in November will need to tackle this. But a more insidious problem is emerging. Net zero increasingly involves highly questionable carbon accounting. As a result, the new politics swirling around net zero targets is rapidly becoming a confusing and dangerous mix of pragmatism, self-delusion and weapons-grade greenwash.
Continue reading...Power Ledger technology deployed in first live solar energy trading in Delhi
Power Ledger’s blockchain-enabled technology used in first live solar energy trading project in Delhi, India.
The post Power Ledger technology deployed in first live solar energy trading in Delhi appeared first on RenewEconomy.
“No future” for ICE: Volvo will sell only pure electric cars by 2030
Swedish-Chinese carmaker Volvo joins growing number of carmakers to embrace all-electric transition, announcing that it will sell only fully-electric cars by 2030.
The post “No future” for ICE: Volvo will sell only pure electric cars by 2030 appeared first on RenewEconomy.
Rooftop solar installs head for 3.5GW in 2021 after record start to year
Australia's rooftop solar market snaps back into gear after a well-earned slow-down in January, putting installs on track for another record-breaking year.
The post Rooftop solar installs head for 3.5GW in 2021 after record start to year appeared first on RenewEconomy.
Britain’s moths decline by a third in 50 years, study finds
Drivers of decline likely to be habitat loss, intensive farming, climate change and light pollution
Moths in Britain have declined in abundance by a third over the past 50 years, according to a study.
The declines of 39% in the abundance (relative representation in an ecosystem) of larger moth species over southern Britain and a 22% fall across northern Britain add to the picture of calamitous declines in flying insects in the industrialised world.
Continue reading...Batteries poised to reap rewards of renewable energy transition, says report
Big batteries, and grid-connected battery energy storage in general, are in prime position to cash in on renewable energy transition, a major new report has found.
The post Batteries poised to reap rewards of renewable energy transition, says report appeared first on RenewEconomy.