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EU saves billions in avoided gas costs thanks to renewables -report

Carbon Pulse - Wed, 2023-02-22 11:01
The EU has avoided €12 billion in gas costs due to its rapid growth in wind and solar power generation in the year since Russia invaded Ukraine, according to a report published by an environmental think-tank on Wednesday.  
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Heat pumps: Lords slam 'failing' green heating scheme

BBC - Wed, 2023-02-22 10:52
Government unlikely to meet its green heating targets as take-up of the grant scheme is so low.
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Australia Market Roundup: Issuance bumps up, Greens furious over govt gas approval

Carbon Pulse - Wed, 2023-02-22 10:05
Issuance of Australian Carbon Credit Units (ACCUs) increased this week, a regulatory update showed, while the Greens party voiced its outrage over the government’s approval of a new gas development in Queensland.
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Blackstone still hungry for massive green energy play as Origin board backs trimmed offer

RenewEconomy - Wed, 2023-02-22 09:53

Blackstone still keen on using Origin as platform for $20 billion wind, solar and storage push after board supports a slightly trimmed offer.

The post Blackstone still hungry for massive green energy play as Origin board backs trimmed offer appeared first on RenewEconomy.

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CP Daily: Tuesday February 21, 2023

Carbon Pulse - Wed, 2023-02-22 09:01
A daily summary of our news plus bite-sized updates from around the world.
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Carbon contracts for difference can help Canada compete with US renewable incentives -report

Carbon Pulse - Wed, 2023-02-22 08:34
The Canadian government should offer a carbon contract for differences (CCfD) programme to help level the playing field with the numerous clean energy tax credits provided in the US Inflation Reduction Act (IRA), according to a working paper published Tuesday.
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We planted pine in response to Cyclone Bola – with devastating consequences. It is now time to invest in natives

The Conversation - Wed, 2023-02-22 08:04
The devastation of Cyclone Gabrielle has left a significant scar on the land in Northland, the Coromandel and Hawkes Bay. But instead of replanting pine, we should return the land to native bush. David Norton, Emeritus professor, University of Canterbury Licensed as Creative Commons – attribution, no derivatives.
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Washington state asks court to dismiss power producer’s cap-and-trade lawsuit

Carbon Pulse - Wed, 2023-02-22 07:36
The Washington Department of Ecology (ECY) asked a federal court to throw out a lawsuit against the state’s WCI-modelled cap-and-trade programme, arguing a gas-fired power producer’s claims of discrimination under the regulation are fatally flawed.
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Longest running solar farm contract dispute finally settled after more than two years

RenewEconomy - Wed, 2023-02-22 07:05

Longest running dispute over solar farm contract finally resolved after more than two years.

The post Longest running solar farm contract dispute finally settled after more than two years appeared first on RenewEconomy.

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California signals support for stronger pre-2030 LCFS targets, RNG phase out

Carbon Pulse - Wed, 2023-02-22 06:44
California regulator ARB on Tuesday said a near-term step change in the carbon intensity targets of the Low Carbon Fuel Standard (LCFS) may be necessary to ensure price support and drive climate ambition, while it seeks to move forward with phasing out the ability of renewable natural gas (RNG) to generate credits.
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Treasury takes back £1.6bn promised for science

BBC - Wed, 2023-02-22 05:49
The Treasury has taken back £1.6bn that it had allocated to UK involvement in a EU science research programme.
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Ratings firm puts six carbon projects on watch in latest review round

Carbon Pulse - Wed, 2023-02-22 05:34
A carbon credit ratings agency has put six projects on watch for a potential changes in their scores as part of portfolio reviews, while upholding the majority of grades in its latest round.
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Ex-easyJet pilot fined for blocking road outside Harrods in climate protest

The Guardian - Wed, 2023-02-22 05:25

George Hibberd, convicted of obstruction with other Just Stop Oil activists, told court he gave up ‘dream job’ because of climate concerns

A former easyJet pilot who sat in the road outside Harrods to cause traffic chaos told a court he left his job because he thought he was contributing to climate change.

George Hibberd, 29, was part of a group of about 20 Just Stop Oil (JSO) activists who protested outside the world famous store in Knightsbridge, London.

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Flooded Home Buyback scheme helps wash away the pain for Queenslanders

The Conversation - Wed, 2023-02-22 05:02
Building on floodplains was never a good idea and climate change makes matters worse. But in Queensland, Voluntary Home Buybacks are working for Ipswich, a year on from the devastating floods. Margaret Cook, Research Fellow, Australian Rivers Institute, Griffith University Licensed as Creative Commons – attribution, no derivatives.
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You've read the scary headlines – but rest assured, your cookware is safe

The Conversation - Wed, 2023-02-22 05:02
The steady stream of stories in the media about unsafe cookware might make you wary. But your pots and pans are almost certainly safe. Oliver A.H. Jones, Professor, RMIT University Licensed as Creative Commons – attribution, no derivatives.
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Labour gave us national parks – why is Starmer so silent on nature’s survival now? | Craig Bennett

The Guardian - Wed, 2023-02-22 03:14

The party talks of a green and fair future, but that will be impossible without protecting Britain’s natural habitats

When I arrived at the Labour party conference last year, it was hard to miss its new slogan – A Fairer, Greener Future – which was emblazoned across Liverpool exhibition centre. Just a few small words, but such prominence for the climate at a national political party conference put a smile on my face.

But, as we saw today in Keir Starmer’s speech to the National Farmers’ Union, the party is less vocal about its plans to solve the nature crisis. There is no green or fair future without nature, and there is no solution to the climate crisis unless we put nature into recovery at pace and scale.

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Water firms will face 'substantial' sewage fines, minister says

BBC - Wed, 2023-02-22 02:00
The government is still considering fines of up to £250m for firms who dump sewage in rivers and seas.
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Majority of household appliances packaged in unsustainable material, Choice says

The Guardian - Wed, 2023-02-22 00:53

Only half of the packaging of kettles, air fryers and stick vacuums is being recycled, according to a survey by the consumer group

The majority of the country’s most popular appliances are being packaged in unsustainable materials, a review by Choice has found, prompting the consumer rights group to call for an urgent overhaul of how brands box their products.

Comparing the packaging of 38 kettles, air fryers and stick vacuums across different household brands Choice found while some manufacturers are using recyclable cardboard and fibre to package their products, others are using unstable materials such as landfill-bound polystyrene.

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‘Making climate crisis worse’: Greens blast Labor after Queensland coal seam gas expansion approved

The Guardian - Wed, 2023-02-22 00:00

Decision allows Santos to open 116 new wells with an operational life of about 30 years in Surat Basin

The Greens have accused Labor of “making the climate crisis worse” and being more interested in opening new coal and gas mines than working together to improve climate policy after the government approved a new coal seam gas expansion in Queensland.

Documents posted on the environment department website show the environment minister, Tanya Plibersek, on Friday approved a project by the oil and gas company Santos to open 116 new coal seam gas wells in Queensland’s Surat Basin.

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Euro Markets: Midday Update

Carbon Pulse - Tue, 2023-02-21 23:18
Front-December EUAs rose above €100/tonne for the first time in the European market's 18-year history amid a determined flurry of buying on Tuesday morning, as traders appeared to reject the short-term impact of the EU's plan to frontload auction sales to fund the pivot away from Russian fossil fuels.
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