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First look at the new settlement rule of Australia's electricity market, has it worked?
Solar power can cut living costs, but it's not an option for many people – they need better support
Blockchain group plans “game changer” voluntary carbon credit marketplace
Nobel scientist says 'UK research is in jeopardy'
EU gathers experts to help steer the bloc’s course on carbon removals
Euro Markets: Midday Update
Analytics firm rebrands and outlines bullish outlook for EUAs
Why this town wants its coal mine back amidst the climate crisis – video
The controversial decision to approve a new coalmine in Cumbria was met with dismay by UK environmental groups, with many wondering what it meant for a country that has pitched itself as a leader in the green energy revolution. But in the town of Whitehaven where the mine is to be situated, the feeling is very different, with vast support across the political spectrum. The Guardian's Richard Sprenger travels to the Mirehouse estate, a short distance from the Woodhouse Colliery site, to find out what lies behind this positivity in the face of a profound climate crisis
Continue reading...Sinopec backs inclusion of CCUS in China carbon offset scheme
Japan forced to destroy flagship H3 rocket in failed launch
Australia Market Roundup: Senate inquiry report fails to push needle on Safeguard Mechanism, as ACCU issuance remains modest
The Democrats botched the Ohio disaster response – and handed Trump a victory | Michael Massing
The failure of Pete Buttigieg, the US secretary of transportion, to appear for nearly three weeks recalls the incompetence of Fema during Hurricane Katrina
“Where’s Pete Buttigieg?” someone shouted at a February 15 town hall meeting in East Palestine, Ohio. “I don’t know,” Mayor Trent Conaway replied.
Twelve days earlier, a Norfolk Southern train carrying hazardous chemicals had derailed near the town. Three days later, the company announced it was going to carry out a controlled burn of vinyl chloride that would send dangerous gasses into the air, forcing many of East Palestine’s 4,700 residents to evacuate. They returned after receiving assurances that the air and water were safe, but a strong chemical odor clung to the town, and many continued to complain of headaches, nausea, and burning throats. And so several hundred residents had crowded into a local school to demand answers. Conaway said that two weeks had passed before anyone at the White House had contacted him, and the US secretary of transportation still hadn’t materialized.
Michael Massing is the author most recently of Fatal Discord: Erasmus, Luther, and the Fight for the Western Mind
Continue reading...Japan backs Australian coal to hydrogen export project with over A$2 bln from green fund
We now have a treaty governing the high seas. Can it protect the Wild West of the oceans?
Three quarters of institutional investors include fossil fuel bans in their climate policies
A survey of institutional investors with a combined $2.1trn under management finds net zero goals getting more ambitious, including forms of fossil fuel exclusion.
The post Three quarters of institutional investors include fossil fuel bans in their climate policies appeared first on RenewEconomy.
Japan to spend $2.35bn on turning Victorian Latrobe valley coal into ‘clean hydrogen’
Japan Suiso energy boss says hydrogen project incorporating carbon capture and storage ‘truly a watershed moment’ in decarbonising
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Japan is putting $2.35bn into a project to turn coal from Victoria’s Latrobe valley into “clean hydrogen” using carbon capture and storage technology.
The investment marks the start of the “commercial demonstration phase” of the Hydrogen Energy Supply Chain (HESC) project which last year delivered a world-first cargo of liquefied hydrogen to Japan on a purpose-built ship.
Continue reading...“Fiscal lunacy:” Australia urged to clean up solar supply chain, rather than chase hydrogen “hopium”
Australian company that is largest solar developer in US says Canberra should be focused on solar supply chain, not matching US on green hydrogen support.
The post “Fiscal lunacy:” Australia urged to clean up solar supply chain, rather than chase hydrogen “hopium” appeared first on RenewEconomy.
Wind and solar output hits new records as heat waves sweep across country
The spate of heatwaves across Australia has coincided with some wind and solar output records. So how much storage will we really need?
The post Wind and solar output hits new records as heat waves sweep across country appeared first on RenewEconomy.
CP Daily: Monday March 6, 2023
UK emissions fall as coal use drops to lowest level since 1757
UK emissions fell in 2022 due to strong renewables growth and high fossil fuel prices. The last time coal demand was this low was when George II was king.
The post UK emissions fall as coal use drops to lowest level since 1757 appeared first on RenewEconomy.