Around The Web
EU Market: EUAs add another 5%, but experts warn rally may end at €20
The benefits – and pitfalls – of working in isolation
NA Markets: California continues to dip, while RGGI stabilises
California to revert back to normal offset issuance process
Study to outline massive potential CO2 mitigation cost savings if countries cooperate
Advisor for international climate policy, GIZ – Bonn
Czechia’s CEZ catches up on hedging over Q3
New Zealand carbon fund raises over NZ$1m ahead of listing
Toshiba to pull out of UK nuclear power project
Japanese firm’s NuGen arm behind plans for plant in Cumbria to wind up next year
Toshiba is to wind up its nuclear arm, which was leading a project to build a new power station in the UK.
The decision by the Japanese firm’s board is a huge blow to plans for a nuclear plant at Moorside in Cumbria.
Continue reading...Great Barrier Reef: Carnival Australia fined $2.1m after dumping 28,000 litres of waste
Pacific Explorer cruise ship spilled liquid food waste into reef’s protected waters
Carnival Australia has been compelled to provide a “$2.1m undertaking” after spilling 28,000 litres of liquid food waste into the Great Barrier Reef’s protected waters.
The Australian Maritime Safety Authority detained the Pacific Explorer cruise ship on its way back to Sydney in early September until it paid the amount, which was equal to the maximum fine available, an AMSA spokesman said on Thursday.
Continue reading...Wind and solar curtailment jumps as renewables reach record levels
Wind overtakes gas for first time, solar displaces coal in Queensland, and curtailment more than doubles in South Australia as renewables hit record levels across the country.
The post Wind and solar curtailment jumps as renewables reach record levels appeared first on RenewEconomy.
MPs condemn raid on hundreds of environment staff to work on Brexit
Redeployment of 400 staff jeopardises vital work protecting wildlife and overseeing recycling, pollution and flood prevention
Hundreds of staff who protect biodiversity and enforce environmental regulations in the UK have been redeployed to work on Brexit.
The raid on staff from the Environment Agency, which is responsible for enforcing rules on recycling, air pollution and protecting the country from flooding, and Natural England, which protects habitats and species, has been condemned by MPs.
Continue reading...Monash University’s Net Zero initiative wins global UN 2018 Momentum for Change Award
Monash University and ClimateWorks Australia have won the Momentum for Change Award presented by the United Nations at the Climate Week conference in New York for the Net Zero initiative.
The post Monash University’s Net Zero initiative wins global UN 2018 Momentum for Change Award appeared first on RenewEconomy.
Industry wants capacity payments, as Taylor pushes for new “24/7” power
AEMO appears sidelined as Taylor underlines push for "24/7" base-load power and industry pushes for "capacity" payments.
The post Industry wants capacity payments, as Taylor pushes for new “24/7” power appeared first on RenewEconomy.
British renewable energy capacity surpasses fossil fuels for first time
Renewable energy capacity has for the first time overtaken fossil fuel capacity in Great Britain, with 42 GW worth of capacity now feeding into the grid.
The post British renewable energy capacity surpasses fossil fuels for first time appeared first on RenewEconomy.
Top scientists demand NSW commit to brumby cull in Kosciuszko national park
Berejiklian government urged to acknowledge ‘the extensive, serious and potentially irreparable damage’ the horses are causing
Dozens of Australia’s top scientists are demanding the New South Wales government repeal legislation that abandoned the culling of feral horses in the Kosciuszko national park.
In Canberra on Thursday 145 scientists met to hear evidence of the damage feral horses are causing to the park, the worst of which includes the destruction of nesting habitat of critically endangered corroboree frogs.
Continue reading...Coal plants must give 3 years’ notice of closure, under new market rule
AGL has given 7 years' notice of its plans to shutter Liddell – but a new rule finalised by the AEMC means Australia's ageing coal plants must notify AEMO at least 3 years ahead of permanent closure.
The post Coal plants must give 3 years’ notice of closure, under new market rule appeared first on RenewEconomy.
How to keep slave-caught seafood off your plate
Will the clean energy revolution enhance energy security?
Over the next few decades the world’s energy systems will undergo a seismic revolution, with a transformation on a massive scale as renewable energy takes over from fossil fuels.
The post Will the clean energy revolution enhance energy security? appeared first on RenewEconomy.
Victoria Labor boosts renewable energy target to 50% by 2030
Victoria Labor promise to boost its target for renewables generation to 50 per cent by 2030 if re-elected. It will probably get there anyway.
The post Victoria Labor boosts renewable energy target to 50% by 2030 appeared first on RenewEconomy.