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A big shock for the electricity market – but is it a crisis?

RenewEconomy - Wed, 2022-10-12 11:54

Australia's energy "crisis" is playing out almost entirely according to the system's design. It's a salient reminder that we need a complete market re-think.

The post A big shock for the electricity market – but is it a crisis? appeared first on RenewEconomy.

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New Zealand bird of the year contest courts controversy as favourite struck from ballot

The Guardian - Wed, 2022-10-12 11:45

Two-time winning kākāpō absent from annual poll amid concerns the parrot may take the spotlight from less charismatic birds

New Zealand’s annual bird of the year competition could usher in another round of controversy, with perennial favourite the kākāpō struck from the ballot after twice winning the competition.

The fat, flightless and nocturnal parrot is the only species to reign twice as New Zealand’s favourite bird, in 2020 and 2008. This year, however, it will be conspicuously absent, amid concerns that its continued dominance could divert the spotlight from less charismatic candidates.

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WA mine switches to solar in race to produce battery-grade lithium

RenewEconomy - Wed, 2022-10-12 11:20

The Earl Grey Lithium Project – one of largest undeveloped deposits in Australia – is set to add 12MW of solar to deliver about 25% of its energy needs.

The post WA mine switches to solar in race to produce battery-grade lithium appeared first on RenewEconomy.

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Griffith warns against “drinking the Kool-Aid” on renewable hydrogen

RenewEconomy - Wed, 2022-10-12 11:11

saul griffith ACES 22In what many see as a veiled attack on the billion-dollar plans of Andrew Forrest, Saul Griffith says green hydrogen is too costly, to volatile and not viable for green steel.

The post Griffith warns against “drinking the Kool-Aid” on renewable hydrogen appeared first on RenewEconomy.

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Hunter offshore wind project expands as coal closure dates move forward

RenewEconomy - Wed, 2022-10-12 09:30

hunter coast offshore windEnergy Estate and BlueFloat Energy up the capacity of the proposed Hunter Coast offshore wind farm as NSW coal plant retirement dates move forward.

The post Hunter offshore wind project expands as coal closure dates move forward appeared first on RenewEconomy.

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Developing countries must be involved in proposed climate club -report

Carbon Pulse - Wed, 2022-10-12 09:01
Developing countries should be involved in the creation of a climate club which the G7 has pledged to establish by the end of this year, according to a report published by researchers that also underlined the importance of keeping the initiative as a supportive measure for UN-level climate targets.
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CP Daily: Tuesday October 11, 2022

Carbon Pulse - Wed, 2022-10-12 08:49
A daily summary of our news plus bite-sized updates from around the world.
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Wildlife Photographer of the Year: Frenzied bee ball wins top prize

BBC - Wed, 2022-10-12 08:27
The extraordinary moment a manic scrum of male bees envelops a single female to try to mate with her.
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RGGI auction size dips slightly for Q4 sale

Carbon Pulse - Wed, 2022-10-12 07:00
The size of the December RGGI auction will fall by just under 1% from the Q3 sale, the Northeast and Mid-Atlantic US power sector cap-and-trade scheme announced Tuesday.
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India's enormous solar park was meant to help poor communities. But it left the landless stricken

The Conversation - Wed, 2022-10-12 05:04
One of the world’s largest solar farms was meant to lift poor communities up. But instead it produced winners and losers. Gareth Bryant, Senior Lecturer in Political Economy, University of Sydney Devleena Ghosh, Associate Professor, Social Inquiry Program, University of Technology Sydney Jake Morcom, University of Technology Sydney Priya P Pillai, Researcher, University of Technology Sydney Licensed as Creative Commons – attribution, no derivatives.
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Shaken VCM Integrity Council should be wake up call to US regulators -researchers

Carbon Pulse - Wed, 2022-10-12 03:28
Given a scathing review of the Integrity Council for the Voluntary Carbon Market’s (IC-VCM) core carbon principles and assessment framework from the market’s biggest actor, the US government needs to step in with safeguards against poor quality credits, a research group argued.
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World Bank to launch results-based payment fund for emissions reductions at COP27

Carbon Pulse - Wed, 2022-10-12 02:33
The World Bank plans to launch a fund at COP27 that will provide grants for emissions reduction projects based on results, as well as generate credits to count towards national inventories or for international transfer or sale, its President said on an online post this week.
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Businesses lobby for carbon tariffs as Labor says Australia is ‘back in the game’ on climate

The Guardian - Wed, 2022-10-12 02:30

Federal treasurer Jim Chalmers to attend meeting of Coalition of Finance Ministers for Climate Action in Washington this week

The Albanese government has left open the possibility that Australia could introduce carbon tariffs as part of a suite of climate policies to help the global shift to net zero emissions by 2050.

The former Morrison government railed against Europe’s proposal for a carbon border adjustment scheme, calling it “just a new form of protectionism that will undermine global free trade and impact Australian exporters and jobs”.

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UPDATE – Article 6.4 removals consultation responses focus on CCS, tonne-year accounting, and ocean projects

Carbon Pulse - Wed, 2022-10-12 02:19
Submissions as part of a public consultation on removals methodology for the UN's new centralised crediting mechanism under the Paris Agreement have so far focused on the role of carbon capture and storage (CCS), tonne-year accounting methods, and ocean-based carbon projects, according to documents published on the UNFCCC website and seen by Carbon Pulse.
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European Space Agency signs contract to improve forestry VER estimates

Carbon Pulse - Wed, 2022-10-12 02:16
The European Space Agency on Tuesday announced a deal with a forestry management software company to provide more accurate carbon credit estimates through satellite imagery.
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EU launches alliance to scale up innovative solar power generation

Carbon Pulse - Wed, 2022-10-12 01:49
The European Commission kicked off work on a European Solar Photovoltaic Industry Alliance on Tuesday, one of the initiatives of the bloc's solar energy strategy under its REPowerEU initiative to speed the bloc's exit from Russian fossil fuels that is set to be partially funded by carbon sales.
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French steelmaking region awarded EU cash to support communities impacted by green transition

Carbon Pulse - Wed, 2022-10-12 01:28
The French region of Hauts-de-France has been awarded €228 million in grants under the EU's Just Transition Fund to address support communities impacted by efforts to decarbonising its polluting industries. 
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2022-10-11 21:44
EUAs declined on Tuesday morning as the market again tested recent support levels amid lacklustre trading, while energy markets forged higher amid forecasts for colder temperatures in the short term.
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Prototype wind turbine sets new world record for power output

RenewEconomy - Tue, 2022-10-11 20:55

siemens gamesa 14MW turbineA new world record for the most power a single wind turbine has produced over a 24-hour period has been set by wind giant Siemens Gamesa.

The post Prototype wind turbine sets new world record for power output appeared first on RenewEconomy.

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Britons urged to help monitor state of rivers, streams and canals

The Guardian - Tue, 2022-10-11 20:12

Autumn Water Watch survey aims to build national picture of pollution, plastic litter and invasive species

The public are being asked to take part in the first national water watch to survey rivers, streams and canals as part of a monitoring project.

The Autumn Water Watch aims to follow the success of the Big Garden Birdwatch and the Big Butterfly Count, in which hundreds of thousands of people record observations to feed into a national picture.

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