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Australian Energy Regulator starts cost and revenue determinations on 1500MW Marinus Link, paving way for early works on the controversial project.

The post Marinus Link gets nudge along as cost determinations begin appeared first on RenewEconomy.

Coal plant owner hit by fines for having the wrong settings on its generating units as regulator investigates why Callide coal explosion had such a big impact on grid.

The post Coal generator fined for lousy response to coal plant explosion that rocked the grid appeared first on RenewEconomy.

The central Asian country has the worst rate of climate-heating ‘super-emitter’ events in the world

The US is in negotiations with Turkmenistan over an agreement to plug the central Asian nation’s colossal methane leaks.

Turkmenistan was responsible for 184 “super-emitter” events in which the powerful greenhouse gas was released in 2022, the highest number in the world. One caused climate pollution equivalent to the rate of emissions from 67m cars.

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The need to limit output to the grid costs solar panel owners up to $4.5 million a year in South Australia alone. A bill of rights and responsibilities can make connecting to the grid fairer for all. Niraj Lal, Visiting Fellow at the ANU Centre for Sustainable Energy Systems, Australian National University Licensed as Creative Commons – attribution, no derivatives.

Environmental and climate groups have slammed an Australian gas distribution company’s decision to offer cash incentives to customers who switch from electric to gas appliances, saying it flies in the face of efforts to transition away from the fossil fuel to reduce emissions.  

If the world is to meet the goals of the Global Biodiversity Framework (GBF), governments must act swiftly to put in place regulations that incentivise nature positive investments and penalise nature negative activity, a global asset manager has said.

Regulator sets exit fee for households seeking to quit gas as they electrify, and allows networks to impose higher fixed charges to recoup investments in face of death spiral.

The post Fossil gas death spiral: Regulator caps exit fee to “socialise” cost of mass disconnection appeared first on RenewEconomy.

Whether riding on the feathers of birds or evolving on Gondwana, Australia’s plants got here in very different ways Gregory Moore, Senior Research Associate, School of Ecosystem and Forest Sciences, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

Australian airline Qantas will establish a A$400 million ($263.2 mln) fund to provide direct investments in climate-related projects and initiatives, with a focus on sustainability aviation fuel (SAF) and nature-based solutions, the carrier announced this week.

NSW roadmap says 14GW of new wind, solar and firming capacity could be delivered by end of the decade to replace coal. But will transmission be built in time?

The post Coal in NSW could be squeezed out by end of decade. But the timelines are tight appeared first on RenewEconomy.

The country's first 2GWh big battery is clearly focused on eliminating the growing solar duck curve in Western Australia.

The post Australia’s first 2GWh battery is aimed at eliminating a very big solar duck curve appeared first on RenewEconomy.

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

California Carbon Allowance (CCA) prices plateaued this week despite a forthcoming cap-and-trade rulemaking webinar and relatively strong WCI Q2 auction result, while the lull in activity ahead of Wednesday’s Washington Carbon Allowance (WCA) auction was briefly interrupted by a small trade.

They are largely unpredictable and unforeseeable but are twisters becoming a more serious threat?

A carbon project developer is showcasing deals made with provincial governments in Indonesia, claiming that the agreements add a very significant volume of carbon credits to its project pipeline.

New York state is taking feedback on all design elements of its proposed economy-wide cap-and-invest system including speculative participation, trading restrictions, allowance holding period limits, and reporting requirements, even as it contemplates linkage with other jurisdictions’ programmes, government officials told a webinar on Thursday.

Oil major ExxonMobil on Thursday announced a carbon capture and storage (CCS) deal to bury 800,000 tonnes of CO2e annually from a US steelmaker.

Corporations that are “material” users of carbon credits have slashed their emissions twice as fast as companies that have not made such purchases, aa research firm said in a report published Thursday.

Studies in Yellowstone National Park show plant matter (mostly grass) is found in up to 74% of wolf scats, suggesting the behaviour may be inherited from the beginning of doggy time. Susan Hazel, Associate Professor, School of Animal and Veterinary Science, University of Adelaide Joshua Zoanetti, PhD candidate in Veterinary Bioscience, University of Adelaide Licensed as Creative Commons – attribution, no derivatives.

Verified emissions in the UK ETS rose by 2.5% in 2022, the government announced late Thursday, with the increase in output driven by a post-pandemic rebound in aviation.