Around The Web

A senior EU carbon and power analyst has left based ICIS to join Swedish utility Vattenfall, marking the second such departure from the German-headquartered analytics firm this year.

Scientists said 99% of understanding of cancer was missing until today.

Tim the elephant had tusks so long, they reached the ground. He died of natural causes.

Swedish utility Vattenfall saw its fossil-based production dip 1.6% in 2019 as hydro reservoirs filled from very low levels earlier in the year, the company said in its annual results on Wednesday.

About a quarter of the size of Wales, the A68 iceberg is about to enter the open ocean.

• Forest scientists say prescribed burning is best used in a targeted way to help protect assets
• 31 ex-fire and emergency bosses say royal commission a waste of time if it doesn’t examine climate change

Hazard reduction burning had little to no effect in slowing the severe fires that devastated more than 5m hectares across New South Wales this summer, an analysis has found.

Forest scientists from the University of Melbourne said the results suggested hazard reduction was best used in a targeted way around assets to help protect them from less intense fires.

Continue reading...

US biofuel credit prices continued to tick up this week after a recent federal court ruling questioned the EPA's granting of Renewable Fuel Standard (RFS) compliance waivers, but other factors were also thought to have added to the bullish sentiment.

Carbon emissions from the EU’s power sector fell by a record 120 million tonnes or 12% in 2019 thanks to a sharp decline in generation output from coal-fired plants, a report published Wednesday found.

A law to bind the EU to a 2050 net zero emissions goal is due to be proposed by the European Commission on Mar. 4, the bloc’s executive said Wednesday, a date that was a week later than had been widely expected.

Labour leader criticises COP 26 preparations and Johnson’s record on environment

Jeremy Corbyn has accused Boris Johnson of “failing spectacularly” to measure up to the scale of the climate crisis, after the sacked president of COP 26 revealed the UK was miles behind in getting ready for the November summit.

Speaking at prime minister’s questions, Corbyn raised the government’s failure to organise COP 26 properly, after Johnson’s team sacked Claire O’Neill as the summit’s president just days before its formal launch.

Continue reading...

NZUs have halted last week’s slide and regained some lost ground the last two days amid limited supply and traders fixing their gaze on expectations of higher prices in the longer term.

Australia will let participants in future Emissions Reduction Fund (ERF) auctions sign an optional contract that allow let them to sell contracted carbon credits to the secondary market instead if they can achieve higher prices there, in a bid to attract more participation.

South Korea’s environment ministry on Wednesday finalised its proposal for the nation’s long-term emissions strategy, aiming for 40-75% cuts from 2017 levels by 2050.

The Lunar Pathfinder spacecraft will sell communications services to other missions at the Moon.

Former PM rejects Boris Johnson’s offer to lead UK’s preparations for crucial summit

Former prime minister David Cameron has turned down an offer from Boris Johnson to head the UK’s preparations for a crucial international climate summit in Glasgow.

The prime minister asked his predecessor to be the president of the 26th United Nations Climate Change Conference (COP26) but was rejected.

Continue reading...

ACT households expected to enjoy falls in electricity prices thanks to renewables, while consumers say electricity bills and tariffs still too complicated.

The post Canberra electricity prices set to fall, thanks to 100% renewables plan appeared first on RenewEconomy.

Australia solar companies warned of product delivery delays as solar and wind sectors brace for impact from China coronavirus.

The post Solar and wind industries brace for impact from China coronavirus appeared first on RenewEconomy.

South Australia Liberal government aims to cut emissions by more than 50 per cent by 2030, double the federal Coalition government's target.

The post South Australia expects to cut emissions by 50 per cent by 2030 appeared first on RenewEconomy.

Tesla shares continue blockbuster surge, with more analysts and investors recognising the trillion dollar plus potential of the Elon Musk electric car and energy company.

The post Why Tesla could soon become world’s most valuable company appeared first on RenewEconomy.

New deputy Nationals leader Littleproud repeats myths about coal, showing little has changed for Coalition despite a summer of bushfires.

The post Nats double down on commitment to coal, Joyce rants against wind and solar appeared first on RenewEconomy.