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Adani mine: three major insurers to have no further involvement in coal project

The Guardian - Fri, 2020-06-12 03:30

AXA, Liberty Mutual and HDI will not provide future policies to the Carmichael coalmine after previous cover expires

Three major insurance groups that provided cover for parts of the Adani coal project in Queensland have said they will not provide future policies to the project.

AXA XL, Liberty Mutual and HDI have told Guardian Australia they will not have any further involvement in the project after previously providing insurance cover that has now expired.

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'Surprisingly rapid' rebound in carbon emissions post-lockdown

The Guardian - Fri, 2020-06-12 03:30

Busier roads to blame, with fears of worse to come as workers shun public transport

Carbon dioxide emissions have rebounded around the world as lockdown conditions have eased, raising fears that the level of greenhouse gases in the atmosphere could surge higher than ever after the coronavirus pandemic unless governments take swift action.

Emissions fell by a quarter when the lockdowns were at their peak, and in early April global daily carbon dioxide emissions were still down by 17% compared with the average figure for 2019, research published last month in the journal Nature Climate Change found.

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Fossil tracks left by an ancient crocodile that 'ran like an ostrich'

BBC - Fri, 2020-06-12 01:22
Scientists are stunned to find that some ancient crocodiles may have moved around on two feet.
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EU Midday Market Briefing

Carbon Pulse - Thu, 2020-06-11 22:22
EUAs retreated towards €22 early on Thursday, defying a stronger auction as wider markets slid on a US Federal Reserve assessment weighing the impact of the coronavirus.
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Energy storage: It’s not just size that counts, but how long it lasts

RenewEconomy - Thu, 2020-06-11 20:52

battery storage simec gupta playford big - optimisedOur modelling shows that storage of up to 10 hours still leaves gaps in demand and spilled supply. Something else is needed.

The post Energy storage: It’s not just size that counts, but how long it lasts appeared first on RenewEconomy.

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Model 3 delivers stunning carbon savings, and more to come with autonomy, says Tesla

RenewEconomy - Thu, 2020-06-11 20:21

Tesla says Model 3 most efficient car on market, easily beating fossil fuel cars on emissions, with even bigger savings coming with autonomy and "robo-taxis".

The post Model 3 delivers stunning carbon savings, and more to come with autonomy, says Tesla appeared first on RenewEconomy.

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Japan, EU to push for online climate ministerial summit, stress need for carbon pricing

Carbon Pulse - Thu, 2020-06-11 20:03
Japan and the EU are consulting with the UNFCCC secretariat to hold an online ministerial meeting on tackling the effects the coronavirus pandemic through climate action, top government officials said on Thursday.
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Guangdong exchange introduces price control on carbon offset trade

Carbon Pulse - Thu, 2020-06-11 19:57
The China Emissions Exchange in Guangzhou has introduced limits on daily price movements for Guangdong’s provincial carbon credits in a bid to ensure stability and prevent market manipulation.
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X marks the spot: treasure hunters in shock as $2m found in Rocky Mountains

The Guardian - Thu, 2020-06-11 19:30

Reactions to the announcement by eccentric millionaire Forrest Fenn that his hoard had been found range from surprise to delight and dismay

Treasure hunters have reacted with shock, delight and dismay to the news that a chest containing gems, gold and antiques worth up to $2m has been found in the Rocky Mountains.

“I’ve had every emotion under the sun,” said Sacha Dent of Kansas City, who dedicated years to a quest that resulted in the deaths of up to five people.

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'I raised hell': how people worldwide answered the call of World Oceans Day

The Guardian - Thu, 2020-06-11 17:30

From protecting fishing communities to regrowing coral reefs, Guardian readers and environmentalists share how they’re working to defend the ocean

World Oceans Day, which took place on Monday, is marked by hundreds of beach cleans and events globally. Despite Covid-19 restrictions, environmentalists and readers from around the world shared how they are continuing to work to protect the ocean, and told us about the local marine issues that matter to them.

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NZ Market: Race to the ceiling continues as NZUs extend record high again

Carbon Pulse - Thu, 2020-06-11 17:16
New Zealand carbon allowances saw a third straight day of record high prices in Thursday trade, as eager buyers continued to chase offers up towards the new NZ$35 fixed price option level.
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Supertrawlers ‘making a mockery’ of UK’s protected seas

The Guardian - Thu, 2020-06-11 16:00

Vast vessels spent almost 3,000 hours fishing in officially protected areas in 2019

Supertrawlers spent almost 3,000 hours fishing in UK marine protected areas in 2019, making “a mockery of the word ‘protected’,” according to campaigners.

Supertrawlers are those over 100 metres in length and can catch hundreds of tonnes of fish every day, using nets up to a mile long. A Greenpeace investigation revealed that the 25 supertrawlers included the four biggest in the world and fished in 39 different marine protected areas (MPAs).

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South Australia steps in to oppose delay to five-minute settlement

RenewEconomy - Thu, 2020-06-11 15:42

South Australia speaks out against proposed delays to five-minute settlement, in a new battle between established incumbents and new energy market players.

The post South Australia steps in to oppose delay to five-minute settlement appeared first on RenewEconomy.

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Queensland keen on big battery to support new regional solar and storage hub

RenewEconomy - Thu, 2020-06-11 15:18

Queensland government backs development of Barcaldine Renewable Energy Hub, which will include a solar farm, a big battery and potentially a biosteam turbine generator.

The post Queensland keen on big battery to support new regional solar and storage hub appeared first on RenewEconomy.

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Cheap renewables could deliver 90pct clean grid in US by 2035, and cut costs

RenewEconomy - Thu, 2020-06-11 14:59

juwiThe US could shift to a 90% clean electricity supply within just 15 years, a new study has shown, and reduce wholesale power prices by up to 10% in the process.

The post Cheap renewables could deliver 90pct clean grid in US by 2035, and cut costs appeared first on RenewEconomy.

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Boral and UTS launch industry-first research partnership

RenewEconomy - Thu, 2020-06-11 13:32

Boral and the University of Technology Sydney have formed a five-year partnership to accelerate product innovation, and the research, development and commercialisation of low carbon concrete.

The post Boral and UTS launch industry-first research partnership appeared first on RenewEconomy.

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UK coal collapse – visualised

RenewEconomy - Thu, 2020-06-11 13:18

The UK has now gone two months without coal generation: Here's a visual journey through the collapse of an industry.

The post UK coal collapse – visualised appeared first on RenewEconomy.

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Global wind and solar additions set new record in 2019, but more needed

RenewEconomy - Thu, 2020-06-11 13:15

Worker with power drill installing windbreaker on solar panel construction - Downer EDI optimisedWind and solar additions surged to a new record in 2019, but experts warn that more will be needed to achieve Paris Agreement goal of zero emissions.

The post Global wind and solar additions set new record in 2019, but more needed appeared first on RenewEconomy.

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Audi unveils Australia pricing and specs for all-electric e-tron and Sportback

RenewEconomy - Thu, 2020-06-11 12:48

Audi announces pricing and specifications for all-electric e-tron SUV and e-tron Sportback in Australia, billing it as a "new era of mobility".

The post Audi unveils Australia pricing and specs for all-electric e-tron and Sportback appeared first on RenewEconomy.

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Nikola eclipses Ford and targets Australia as first market for Badger hydrogen ute

RenewEconomy - Thu, 2020-06-11 12:46

Nikola says Australia will be one of first markets for hydrogen-powered Badger ute, as its market value surges past that of Ford and FCA.

The post Nikola eclipses Ford and targets Australia as first market for Badger hydrogen ute appeared first on RenewEconomy.

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