Around The Web

Following the acquisition of Pacific Energy Limited (ASX: PEA) by alternatives asset manager QIC in November 2019, several changes have been made to the Board to reflect the Company’s new ownership and strategy.

The post Pacific Energy refreshes board and sharpens renewables focus appeared first on RenewEconomy.

Renewables fund announces $350m investment vehicle to buy out existing rooftop solar systems from large businesses – starting with the 500kW Sydney ICC array. 

The post Solar Bay announces $350m commercial solar buy-back and PPA scheme appeared first on RenewEconomy.

Millions of stargazers have been witnessing the unusual constellations made up of the low orbit satellites.

A daily summary of our news plus bite-sized updates from around the world.

System strength impacts reduce output at more wind and solar farms, while black coal generators report their highest level of outages in more than five years.

The post System strength issues take toll on renewable plants in Queensland, NSW and Victoria appeared first on RenewEconomy.

Scientists map ancient underwater landslides in the region chosen for Jakarta's replacement.

Exchange operator ICE on Wednesday announced the launch of a new carbon market index, joining a growing number of companies seeking to track allowance prices in the world’s major greenhouse gas emissions trading systems.

California issued nearly 1.2 mln new offsets and reduced the invalidation period on an additional 2.3 mln existing credits, according to data published by regulator ARB on Wednesday.

The spectacle of glowing dolphins should serve as a timely reminder of our need to conserve the darkness we have left. Dr Vanessa Pirotta, Marine scientist and science communicator, Macquarie University Licensed as Creative Commons – attribution, no derivatives.

Digital games make link with climate and conservation for global event’s 50th anniversary

• Coronavirus – latest updates
• See all our coronavirus coverage

Earth Day demonstrations scrapped by the coronavirus pandemic are being replaced with digital activism via the online gaming community to exploit an as yet an untapped audience for action against climate change.

Earth Day 22 April 2020, had been years in the planning, but the global demonstrations to mark the 50th anniversary of the event were brought to a halt by the Covid-19 pandemic.

Continue reading...

While some species have declined by more than a third overall, where conservation measures are in place they have increased by 46%

Populations of some Australian mammals declined by more than a third over two decades, but sites with clear conservation management saw improvements in their populations of 46%, according to new research.

The figures are the first tranche of data in Australia’s Threatened Species Index for mammals, which combines data from monitoring programs across the country to track trends in threatened species populations.

Continue reading...

EUAs bounced back above €21 in rocky trade early on Wednesday after prices held a key technical support level and absorbed a bumper auction, and as wider financial markets rallied.

Climate activist says Covid-19 outbreak shows change can happen when we listen to scientists

• Coronavirus – latest updates
• See all our coronavirus coverage

Greta Thunberg has urged people around the world to take a new path after the coronavirus pandemic, which she said proved “our society is not sustainable”.

The Swedish climate activist said the strong global response to Covid-19 demonstrated how quickly change could happen when humanity came together and acted on the advice of scientists.

Continue reading...

Natural gas generation is accounting for a larger share of California's power mix amid the coronavirus pandemic, likely mitigating some electricity demand destruction caused by the statewide 'shelter-in-place' order.

Instead of bailing out big oil, let’s bail out ordinary people instead

On the inaugural Earth Day, Americans flooded streets and college campuses to channel their fears, desire, hopes and longings into their vision for a better future. All these years later, we have failed to heed their call.

This Monday, two days before Earth Day’s 50th anniversary, oil futures went negative for the first time in history. Buyers were so eager to offload oil commitments that they were willing to give their crude away at cost. This crash only emphasizes the inherent instability of the carbon economy and the need to create a more stable future. We need to disentangle our society from fossil fuels and let the industry die.

Continue reading...

South Australia's big batteries pocket record amounts of revenue following separation events, while wind farms went to great lengths to dodge huge FCAS fees.

The post South Australia big batteries collect windfall, as wind farms duck for cover appeared first on RenewEconomy.

Despite incredible volatility, wholesale electricity prices fell to their lowest levels since 2016, while emissions were at record lows in the first quarter.

The post Wind, solar help push grid emissions to record low, prices to four year low appeared first on RenewEconomy.

The World Bank Forest Carbon Partnership Facility (FCPF) is adhering to the November deadline agreed earlier this year for tropical forest nations to sign their deforestation reduction agreements, even as several countries are running behind schedule.

A planned European Commission proposal that would legally bind the EU to implement the international CORSIA aviation offsetting scheme could take away the European Parliament’s oversight over the process, according to five EU lawmakers representing the four largest pro-European political groups. 

The graceful bird is making a comeback thanks to re-introduction and habitat restoration.