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Safeguard debate fudges fossil facts and distracts from real task – more renewables

RenewEconomy - Wed, 2023-03-08 12:03

Construction of Pacific Hydro's Crowland's Wind FarmDebate and dog whistling continues over the Safeguard Mechanism. Meanwhile, the problem in most states is not enough wind energy production.

The post Safeguard debate fudges fossil facts and distracts from real task – more renewables appeared first on RenewEconomy.

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Giant wind farm appeals order for turbine shutdowns as opponents fight approval

RenewEconomy - Wed, 2023-03-08 12:02

Future of 900MW wind farm hangs in balance as three appeals lodged – one challenging operating restrictions and two seeking to block the project.

The post Giant wind farm appeals order for turbine shutdowns as opponents fight approval appeared first on RenewEconomy.

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New Zealand forecasts NZU supply to significantly tighten

Carbon Pulse - Wed, 2023-03-08 11:45
The annual supply of NZUs in New Zealand’s emissions trading scheme is expected to fall significantly in coming years, according to new data by the country’s environment ministry, with the predicted unit demand-supply gap expected to widen considerably.
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Non-native plants outnumber British flora, major report finds

BBC - Wed, 2023-03-08 11:29
A 20-year survey of plants shows how agriculture and climate change is affecting UK flora.
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Get the basics right for National Environmental Standards to ensure truly sustainable development

The Conversation - Wed, 2023-03-08 10:51
Up to now we have had fine-sounding but ultimately ineffectual words. New National Environmental Standards hold the key to finally delivering effective protection for the environment. Peter Burnett, Honorary Associate Professor, ANU College of Law, Australian National University Licensed as Creative Commons – attribution, no derivatives.
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EU member states more than half way through 2023 free EUA allocations

Carbon Pulse - Wed, 2023-03-08 09:53
EU member states have handed out more than half of their 2023 quotas of free carbon allowances under the ETS, according to data released by the European Commission.
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PREVIEW: RGGI Q1 auction primed for lower clear as warm winter, speculative disenchantment weigh

Carbon Pulse - Wed, 2023-03-08 09:33
Traders have largely coalesced around the March RGGI auction clearing either below or in line with secondary market pricing, as weak demand from compliance entities following a warmer winter and a lack of speculative enthusiasm threatens to overwhelm potentially bullish drivers on the horizon.
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Australia’s five minute settlement rule for electricity markets: Has it worked?

RenewEconomy - Wed, 2023-03-08 09:23

Lake bonney batteryWhen the NEM finally introduced five-minute settlement it was expected to reward cheap, nimble and flexible generators like batteries. But what actually happened?

The post Australia’s five minute settlement rule for electricity markets: Has it worked? appeared first on RenewEconomy.

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Solar takes centre stage as renewables and batteries dominate new power capacity in US

RenewEconomy - Wed, 2023-03-08 09:19

Latest numbers from US government suggest 2023 will be a blockbuster year for the big three renewable technologies – wind, solar, and battery storage.

The post Solar takes centre stage as renewables and batteries dominate new power capacity in US appeared first on RenewEconomy.

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Wind and solar projects smashed by line losses and changing coal power flows

RenewEconomy - Wed, 2023-03-08 08:54

Some of Australia's pioneering wind and solar projects among those badly affected - ironically - by coal plant closures and changing grid flows.

The post Wind and solar projects smashed by line losses and changing coal power flows appeared first on RenewEconomy.

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Iceland to buy carbon units to meet UN climate obligations

Carbon Pulse - Wed, 2023-03-08 08:44
Iceland’s environment ministry has decided to buy carbon units to meet a shortfall to its legally-binding emissions target under the UN Kyoto Protocol, according to local media.
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Pennsylvania governor, undecided on RGGI membership, earmarks $663 mln of its funds

Carbon Pulse - Wed, 2023-03-08 08:26
Pennsylvania’s new governor included RGGI revenues in Tuesday’s release of his first state budget for fiscal year 2023–24, even as he remained non-committal on supporting the state’s participation in the power sector emissions trading programme embroiled in legal logjam.
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Washington state inaugural cap-and-invest auction sells out near $50

Carbon Pulse - Wed, 2023-03-08 06:21
The first auction of Washington state’s WCI-modelled cap-and-trade programme sold out, with the clearing price coming well above levels on both the secondary market prior to the sale and in the California-Quebec scheme, according to results published Tuesday.
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Head of Carbon Strategy, Terraformation – Remote (US, Europe)

Carbon Pulse - Wed, 2023-03-08 05:59
Terraformation is hiring a Head of Carbon Strategy to work with our Forestry Partnerships and Development team to lead our internal carbon projects strategy, strengthening our value proposition in the voluntary carbon offset markets.
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EU carbon border tariffs could slow green hydrogen uptake, warns industry

Carbon Pulse - Wed, 2023-03-08 05:11
The inclusion of hydrogen in the EU’s carbon border adjustment mechanism (CBAM) could delay the uptake of green hydrogen and favour usage of blue hydrogen by the bloc's heavy industry, representatives from various energy intensive sectors said on Tuesday at an event in Brussels.
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US developer of nature-based offsets raises $3.2 mln for global expansion

Carbon Pulse - Wed, 2023-03-08 05:08
A Colorado-based offset project developer on Tuesday announced a $3.2 mln fundraise that it will utilise to expand its portfolio pipeline abroad.
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First look at the new settlement rule of Australia's electricity market, has it worked?

The Conversation - Wed, 2023-03-08 05:06
How has the national electricity market responded to one of the biggest reforms in years, the introduction of five-minute settlement? Analysis reveals more than a few surprises. Christina Nikitopoulos, Associate professor, Finance Discipline Group, University of Technology Sydney Muthe Mwampashi, PhD Candidate, University of Technology Sydney Licensed as Creative Commons – attribution, no derivatives.
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Solar power can cut living costs, but it's not an option for many people – they need better support

The Conversation - Wed, 2023-03-08 05:05
The very people most in need of the cost savings from installing solar panels are missing out. Better policies are needed to make home solar systems accessible to all Australians. Martina Linnenluecke, Professor of Environmental Finance at UTS Business School, University of Technology Sydney Mauricio Marrone, Associate Professor, Department of Actuarial Studies and Business Analytics, Macquarie University Rohan Best, Senior Lecturer, Department of Economics, Macquarie University Licensed as Creative Commons – attribution, no derivatives.
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Blockchain group plans “game changer” voluntary carbon credit marketplace

Carbon Pulse - Wed, 2023-03-08 04:21
A blockchain venture is launching a new voluntary carbon market marketplace to list over 20 million verified tokenised carbon credits at the outset, charging no fees to developers listing their projects.
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Nobel scientist says 'UK research is in jeopardy'

BBC - Wed, 2023-03-08 02:11
A new assessment of Britain's research capability concludes it has "serious and longstanding problems".
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