Around The Web

A Malaysian federal government fund has partnered with a Kuala Lumpur-based renewable energy company to explore the development of nature-based solutions (NbS) projects in the Southeast Asian country.

The committee steering Japan’s J-Credit programme is considering adding two new methodologies to the domestic voluntary programme, encouraging industrial companies to shift towards greener manufacturing processes.

In developing the framework to authorise Article 6 projects, the Philippines may allow developers to generate ITMOs as long as they also support the country in meeting its NDC by generating a secondary project for the domestic market.

Big batteries - acting as virtual transmission - can boost capacity of existing grids, compensate for project delays and to reduce impacts on regional communities.

The post Virtual Transmission: We need more battery storage to lift capacity of existing grid appeared first on RenewEconomy.

A developer of direct air capture (DAC) technology is partnering with a carbon storage business in the Mediterranean to use its technology to capture CO2 and store it in a saline aquifer off the shores of Greece.

Winning projects in latest Dutch "zero subsidy" offshore wind tender will include floating solar farms, artificial reefs and a green hydrogen facility.

The post Netherlands awards 4GW of offshore wind in zero-subsidy tender appeared first on RenewEconomy.

Taiwan may consider implementing a dual-track carbon pricing scheme, which could include the introduction of a cap-and-trade framework to regulate the total amount of emissions, according to local media reports.

The Global Environmental Facility (GEF) Council is set to approve a spending package of over $700 million next week, including the first-ever projects supported by the Global Biodiversity Framework Fund (GBFF), amid mounting debate over the fund's potential to effectively address the financing gap on biodiversity.

Head of major energy utility says the only way to kick out coal is to lock in gas as back-up to renewables "for the foreseeable future."

The post Utility giant says paying to extend life of “fragile” coal plants has a limit, but digs in on gas appeared first on RenewEconomy.

AEMO boss decries misreporting of market operator documents, and says response to summer storms had boosted confidence in energy transition.

The post “We’re not predicting blackouts:” AEMO boss says storm response builds confidence in green transition appeared first on RenewEconomy.

Frontier says it's in the "fortunate position" where the costs of both solar and storage have fallen significantly since the release of the last feasibility study.

The post Frontier expands solar and battery project as tender underlines falling cost for modules and storage appeared first on RenewEconomy.

An Australian biochar and carbon dioxide removal project developer has formed a partnership with a Japanese agri-tech firm to focus on scaling the global biochar market, they announced Wednesday.

A 95MW off-grid system comprised mostly of wind, solar and battery power switched on to power new lithium mine.

The post Lithium miner switches on Australia’s biggest off-grid hybrid renewables system appeared first on RenewEconomy.

A US-headquartered soil carbon startup has signed an agreement with the Mongolian government to introduce regenerative agriculture and provide carbon finance to farmers and herders and with Mitsubishi for a JCM project in the country.

State reportedly arrested at least 25 journalists and activists in last year as it prepares for September climate summit

Azerbaijan’s government has been accused of cracking down on media and civil society activism before the country’s hosting of crucial UN climate talks later this year.

Human Rights Watch has found at least 25 instances of the arrest or sentencing of journalists and activists in the past year, almost all of whom remain in custody.

Continue reading...

Origin is juggling its portfolio of gas, battery and renewables projects to take advantage of a "messy" transition. But its biggest play is tapping into the assets of its retail customers.

The post Origin reckons it sitting pretty for “messy and volatile” transition with coal deal, gas, big batteries and VPP appeared first on RenewEconomy.

Prices in the EU’s second emissions trading system could jump more than four-fold within the first four years of the market’s operation as an initial excess in allowance supply is rapidly replaced by a deficit as an early market-priming initiative gives way to strong demand, according to analysts.

Federal regulators are planning to roll out a number of offset protocols in the near future, though future Canadian carbon credit demand remains uncertain as several elections could threaten markets, a conference heard Tuesday.

As coal-fired power plants retire, experts insist renewable energy supported by hydro, batteries and gas is the "lowest cost" way to supply homes and business.

The post Energy tsars call for “stability in policies” to get on with enormous transition to renewables appeared first on RenewEconomy.

As well as spending billions subsidising fossil fuels, we are spending billions more repairing the damage global heating is doing

• Follow our Australia news live blog for latest updates
• Get our morning and afternoon news emails, free app or daily news podcast

Peter Dutton’s proposed energy policy, in the face of our climate emergency, is utterly irresponsible. Not just irresponsible environmentally, but also economically. Given community attitudes, it looks like the silliest political death wish in recent history.

Joëlle Gergis’s recent Quarterly Essay, Highway to Hell, was a frightening reminder of the price we are already paying for climate change. In property damage from floods and fires as well as lost agricultural production, the bills keep rolling in. As well as spending billions subsidising fossil fuels, we are spending billions more repairing the damage global heating is doing. It would be in our direct interest to be urging a rapid increase in ambition from the inadequate Paris targets. Becoming the first country in the world to weaken our response would undermine the growing impetus for a concerted program of action. We should be increasing the rate of decarbonisation, not slowing it.

Continue reading...