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RFS Market: RINs extend fall as EPA chief talks market stabilisation measures

Carbon Pulse - Thu, 2020-03-05 03:50
US biofuel credit (RIN) values continued to retrace on Wednesday as EPA Administrator Andrew Wheeler said the agency was looking at strategies to limit price volatility under the Renewable Fuel Standard (RFS).
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Greta Thunberg brands EU's new climate law 'surrender'

BBC - Thu, 2020-03-05 03:35
Addressing MEPs in Brussels, the activist accused the EU of "pretending to be a climate leader".
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Tropical forests losing their ability to absorb carbon, study finds

The Guardian - Thu, 2020-03-05 03:08

Amazon could turn into source of CO2 in atmosphere by next decade, research suggests

Tropical forests are taking up less carbon dioxide from the air, reducing their ability to act as “carbon sinks” and bringing closer the prospect of accelerating climate breakdown.

The Amazon could turn into a source of carbon in the atmosphere, instead of one of the biggest absorbers of the gas, as soon as the next decade, owing to the damage caused by loggers and farming interests and the impacts of the climate crisis, new research has found.

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Climate change boosted Australia bushfire risk by at least 30%

BBC - Thu, 2020-03-05 03:00
Scientists quantify the role played by warming in the country's recent bushfires.
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Brussels unveils EU climate law, pledging to include 2030 emission goal later

Carbon Pulse - Thu, 2020-03-05 02:59
The European Commission unveiled its much-anticipated climate law to bind the EU to a net zero 2050 emission goal on Wednesday, pledging to add in a higher 2030 target later this year.
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COMMENT: The gravity-defying wonder of EUAs

Carbon Pulse - Thu, 2020-03-05 02:19
The chart below shows how European carbon prices have outperformed the rest of the energy complex so far this year. EUAs are down just 1.7% since January 1, while coal, oil, natural gas and power have all fallen between 7% and 21%.
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Focus on coronavirus shows need for climate law, says EU official

The Guardian - Thu, 2020-03-05 00:02

Frans Timmermans calls for bloc to legislate so it does not lose track of net zero target

Tensions at the Greek-Turkish border and the coronavirus show why the European Union needs a climate law that binds member states to net zero emissions by 2050, the EU’s top official on climate action has said.

Frans Timmermans, a European commission vice-president who leads on the climate emergency, said the different crises facing Europe underscored the need for a climate law in order not to lose track of reducing emissions.

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Japan lifts evacuation order for town hit by Fukushima disaster

The Guardian - Wed, 2020-03-04 21:34

Futaba to reopen for start of Olympic torch relay after being deserted for nine years

Japan has lifted an evacuation order for parts of a town in the shadow of the wrecked Fukushima Daiichi nuclear power plant, weeks before the area is to host the start of the Olympic torch relay.

Futaba, 2.4 miles (4km) west of the plant, has been almost deserted since the nuclear meltdown nine years ago, while other areas in the region have mounted a partial recovery after the government declared them safe for residents.

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Telstra dials up climate commitments, will go 100 per cent renewable by 2025

RenewEconomy - Wed, 2020-03-04 20:26

Solar Energy Panels Detail - optimisedAustralia's largest telecom to set 'good example' for Australian corporates, will immediately go carbon neutral and sets 100% renewables target for 2025.

The post Telstra dials up climate commitments, will go 100 per cent renewable by 2025 appeared first on RenewEconomy.

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China loosens restrictions on new coal-fired power plants

Carbon Pulse - Wed, 2020-03-04 18:28
China’s National Energy Administration (NEA) has loosened restrictions on building new coal-fired power plants in around a third of the nation’s regions and provinces.
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Solar projects, some wind farms hit by more transmission downgrades

RenewEconomy - Wed, 2020-03-04 16:16

Solar farms and wind farms across the NEM hit by deeper transmission losses, although there is a reprieve for some.

The post Solar projects, some wind farms hit by more transmission downgrades appeared first on RenewEconomy.

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Australia’s Santos to seek carbon credit cash for CCS project

Carbon Pulse - Wed, 2020-03-04 16:14
Oil and gas producer Santos has said it will seek government support in the form of carbon crediting as part of a funding strategy for a carbon capture and storage project that may eventually store up to 20 MtCO2e annually over half a century.
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The government must abandon its fossil fuel power projects. If not, we’ll sue | George Monbiot

The Guardian - Wed, 2020-03-04 16:00

Last week’s Heathrow judgment was a watershed. Now we must target other projects that put profit before life on Earth

No longer should our survival be an afterthought. If we are to withstand the climate crisis, every decision should begin with the question of what the planet can endure. This means that any discussion about new infrastructure should begin with ecological constraints. The figures are stark. A paper published in Nature last year showed that existing energy infrastructure, if it is allowed to run to the end of its natural life, will produce around 660 gigatonnes of CO2. Yet, to stand a reasonable chance of preventing more than 1.5°C of global heating, we can afford to release, in total, no more than 580 gigatonnes.

Related: Heathrow third runway ruled illegal over climate change

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Greener petrol at UK pumps to target emissions

BBC - Wed, 2020-03-04 15:04
The government is consulting on making lower carbon E10 the new standard grade of fuel for vehicles.
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Schletter Australia has partnered with SCP ‘Solar Car Parks’ to launch the HELIOPARK range of Solar Car Ports for the Australasian market.

RenewEconomy - Wed, 2020-03-04 14:19

“SCP ‘Solar Car Parks’ are delighted to be partnering with Schletter who have such a longstanding proven worldwide track record for quality solar mounting systems.

The post Schletter Australia has partnered with SCP ‘Solar Car Parks’ to launch the HELIOPARK range of Solar Car Ports for the Australasian market. appeared first on RenewEconomy.

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Does your child know more about dinosaurs than dugongs? Perhaps they're reading the wrong books

The Conversation - Wed, 2020-03-04 14:04
In this time of natural destruction, children's books featuring Australian wildlife are critical to fostering environmental awareness in the next generation. Ayesha Tulloch, DECRA Research Fellow, University of Sydney Kirsten Parris, Professor of Urban Ecology, School of Ecosystem and Forest Sciences, University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
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Shell 10GW offshore wind-to-hydrogen plan “should be possible”

RenewEconomy - Wed, 2020-03-04 13:47

Shell plans to develop Europe’s largest green hydrogen project powered by as much as 10GW of offshore wind reportedly gets tacit support from Netherlands government.

The post Shell 10GW offshore wind-to-hydrogen plan “should be possible” appeared first on RenewEconomy.

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NSW upper house recommends lifting bans on nuclear energy

RenewEconomy - Wed, 2020-03-04 13:26

Aerial survey of a nuclear power plant under construction - optimisedA pro-nuclear stacked NSW upper house inquiry advocates for the repeal of nuclear prohibitions. NSW Labor re-affirms position against a nuclear industry.

The post NSW upper house recommends lifting bans on nuclear energy appeared first on RenewEconomy.

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Italian oil major Eni promises 55GW of renewables by 2050

RenewEconomy - Wed, 2020-03-04 13:16

Eni announces an energy transition plan which aims to develop over 55GW of new renewables capacity by 2050, but still no plans to move towards net-zero emissions.

The post Italian oil major Eni promises 55GW of renewables by 2050 appeared first on RenewEconomy.

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Andrew ‘Twiggy’ Forrest emerges as key backer behind Windlab takeover

RenewEconomy - Wed, 2020-03-04 13:13

pipeline bango wind farm Wind turbines creating renewable energy on cattle farm - optimisedMining magnate emerges as key backer of takeover offer for wind farm developer Windlab – a bid that has won the unanimous backing of the company's directors.

The post Andrew ‘Twiggy’ Forrest emerges as key backer behind Windlab takeover appeared first on RenewEconomy.

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