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Australia should use energy transition to re-boot economy as energy markets pause, oil prices crash, and a virus without a vaccine stalls human activity around the world.

The post As economy stalls, the government should remap Australia’s energy landscape appeared first on RenewEconomy.

Analysis of 35 leading investment banks shows financing of more than $2.66tn for fossil fuel industries since the Paris agreement

The world’s largest investment banks have funnelled more than £2.2tn ($2.66tn) into fossil fuels since the Paris agreement, new figures show, prompting warnings they are failing to respond to the climate crisis.

The US bank JP Morgan Chase, whose economists warned that the climate crisis threatens the survival of humanity last month, has been the largest financier of fossil fuels in the four years since the agreement, providing over £220bn of financial services to extract oil, gas and coal.

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Clean energy industry pushes for new measures to address 50 per cent slump in new investment, as schism grows between states and federal government on energy.

The post Video meeting of energy ministers adds to growing schism as investment plunges appeared first on RenewEconomy.

Neoen announces the signing of its first syndicated loan for an amount of 200 million euros.

The post Neoen announces the signing of a 200 M€ syndicated loan linked to ESG criteria appeared first on RenewEconomy.

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FRV signs new power purchase agreement with Snowy Hydro for output of newly acquired 90MW Sebastopol Solar Farm in NSW Riverina.

The post FRV buys 90MW Riverina solar farm, lands PPA with Snowy Hydro appeared first on RenewEconomy.

Element25 lands finance to advance plans to develop Australia's first "green metals" export project, drawing on the lower costs of wind and solar power.

The post Element25 lands finance to pursue Australia’s first “green metals” export project appeared first on RenewEconomy.

The Australia Institute slams the Victorian government for using misleading jobs and emissions figures to justify lifting of gas moratorium.

The post Victoria slammed for using misleading data to justify lifting of gas moratorium appeared first on RenewEconomy.

How the launch of the Hubble telescope wasn't all plain sailing.

Measure to target items such as straws, cutlery and polystyrene food and drink containers

Plastic straws, cutlery and polystyrene food and drink containers look set to be banned in Wales under proposals from the Welsh government.

It said the ban would be part of wider measures to make Wales the world’s top recycling nation.

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Utility CEZ said Tuesday it had advanced its Czechia-based generation hedging position over Q4 last year, but that the rate still lags on the previous year even as the company expects its EU ETS-covered thermal output to rise in 2020.

I entered firefighter school at 23 and thought I was hard enough to withstand anything thrown at me. Fourteen years later, I can say firefighters are not indestructible. Greg Penney, PhD Candidate, Edith Cowan University Licensed as Creative Commons – attribution, no derivatives.

Cambridge scientists say they are working "as hard and as fast as we possibly can" to find a vaccine.

Parks have remained open amid the coronavirus and become a haven over the past week, prompting fears for staff and large crowds

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Even as Broadway shows were shuttered and Disneyland was closed due to the Covid-19, most US national parks were open for business on Tuesday, confounding public health officials and worrying park staff who did not want to be exposed to the virus.

National parks have become a haven over the past week as the public seeks places to go during spring break. One park employee reported on Facebook that a visitor center at Big Bend national park was full on Monday with hundreds of people. Another shared a photo of shoulder to shoulder crowds at Zion national park waiting to board shuttle buses. (The park closed its shuttle bus system later in the day.)

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The Czech Republic’s Guardian of the Flooded Village pine is this year’s winner of the prestigious European Tree of the Year award, with Croatia’s Ginkgo from Daruvar securing the second and Russia’s Lonely Poplar the third place

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Seven landowners join forces to create largest lowland heathland nature reserve in UK

It is a rich, complex landscape, a mosaic of heaths, woods, mires, reed beds, salt marsh and dunes that are home to a myriad of flora and fauna from rare birds, butterflies and bats to carnivorous plants.

Seven landowners have now joined forces to created what is being billed as the UK’s first “super national nature reserve” (NNR) on Purbeck Heaths in Dorset.

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Winner beats stiff competition from Croatian gingko tree, Portuguese chestnut and English oak

A lonely pine tree believed by superstitious locals to act as sentinel over a flooded Czech village has been chosen as Europe’s tree of the year, beating stiff competition from a Croatian gingko tree, a Portuguese chestnut and an English oak.

The Guardian of the Flooded Village has grown for 350 years on a rocky height near the village of Chudobin, said locally to play host to a devil that sat under it at night, playing the violin and warding off intruders – though in reality the eerie sounds are more likely to have come from the strong winds blowing over the valley.

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California Carbon Allowances (CCAs) traded underneath the current WCI floor price for the first time in nearly three years on Tuesday, as participants continued to see the growing coronavirus pandemic and resulting economic turmoil as bearish drivers on the joint cap-and-trade programme.

California Low Carbon Fuel Standard (LCFS) prices dropped markedly on Monday, finally succumbing to the impacts of the coronavirus pandemic and changes in the global economy.

EUAs fell over 8.5% to a fresh 16-month low below €18 on Tuesday as the first auction failure of the year spurred selling, even as wider financial markets held relatively steady following Monday's coronavirus-fuelled crash.