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New analysis reveals record levels of solar across the EU over summer avoided the need for 20bn cubic metres of gas, and the cost to import it.

The post Solar power saved Europe €29 billion in this summer’s energy crisis appeared first on RenewEconomy.

It's not really national, and its not even - or only - a market. The NEM is a complex system of systems, and it's facing a lot of challenges.

The post Explainer: What is the NEM, anyway, and how is it tracking in the shift to renewables? appeared first on RenewEconomy.

EU and UK take markedly different approaches to managing the energy crisis – one taxing windfall profits, the other propping up the oil and gas sector.

The post Truss lifts ban on fracking, and will prop up fossil fuel companies in energy crisis appeared first on RenewEconomy.

California Carbon Allowance (CCA) prices gained ground from lows logged after stronger 2030 GHG abatement targets were stymied by the state legislature, while RGGI Allowances (RGAs) drifted lower after the Q3 auction took place mid-week.

The European Commission has received 66 applications in response to its second call for small-scape projects under the EU's Innovation Fund, it announced Thursday.

The US Inflation Reduction Act (IRA) could open the door to far more carbon capture and storage (CCS) projects in the country, despite the federal tax credit for the technology predating the landmark climate bill, industry representatives said Thursday.

State-owned Swedish iron ore miner LKAB is persisting in its long-running legal battle with the European Commission over how to set benchmarks that determine free EU ETS allocations, with the latest court hearing due next spring, a panel heard on Thursday.

Current rates of warming put the Earth on a path of runaway climate change, according to a new analysis.

Canada’s British Columbia slightly lowered its emissions in 2020 both year-over-year and compared to its 2007-level baseline, the government announced Wednesday, though the Pacific province is still far away from reaching its interim GHG abatement targets.

If mining workplaces are anything to go by, the clean energy sector will have their work cut out for them to retain women in the workforce. Emily Finch, Beamline Scientist at ANSTO, and Research Affiliate, Monash University Melanie Finch, Lecturer in Structural Geology and Metamorphism, James Cook University Licensed as Creative Commons – attribution, no derivatives.

Past claims about the costs of 5-star and then 6-star home energy ratings were overblown. We are hearing similar claims about the new 7-star standard, but good design makes it a good deal for owners. Trivess Moore, Senior Lecturer, School of Property, Construction and Project Management, RMIT University Nicola Willand, Senior Lecturer, School of Property, Construction and Project Management, RMIT University Licensed as Creative Commons – attribution, no derivatives.

As Liz Truss lifts ban, experts say UK shale cannot be produced at scale and any gas produced would be sold to highest bidder

Fracking will not ease the UK’s energy crisis or bring down heating bills, but will imperil climate targets, scientists and economists have said, after the prime minister, Liz Truss, made lifting the ban on fracking one of the central planks of her energy strategy.

The technology used for hydraulic fracturing of shale rocks, and the difficulty of extracting gas from the UK’s shale deposits, have not changed markedly in the decade since fracking was first tried in the UK, according to scientists.

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Company will use bailiffs if those protesting against continuing raw sewage discharges continue to hold back payment of bills

Southern Water is threatening to use debt collection agencies against customers involved in a payment boycott in protest against continuing raw sewage discharges.

The water company, which was given the lowest one star rating for performance by the Environment Agency, has informed boycotters that it will be using bailiffs if they continue to hold back bill payments.

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Most striking feature of new PM’s strategy is how much has been filed under ‘to do’ or ‘details to follow’

After three days in office, Liz Truss’s administration could not be expected to have every detail of its big-bucks energy strategy nailed down. Even so, the striking feature – beyond the well-trailed two-year price cap for households – was how much has been filed under “to do” or “details to follow”. At least six areas of the canvas are virtually blank.

First, six months of “equivalent” support for businesses, public sector bodies and charities inevitably prompts the question of what happens in April. On what basis will deserving causes for ongoing help be selected?

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Giant ice sheets, ocean currents and permafrost regions may already have passed point of irreversible change

The climate crisis has driven the world to the brink of multiple “disastrous” tipping points, according to a major study.

It shows five dangerous tipping points may already have been passed due to the 1.1C of global heating caused by humanity to date.

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Preston New Road activists promise to regroup to fight Cuadrilla until fracking in UK is banned for good

Chris Holliday, 60, recalls the exact moment a 2.9-magnitude earth tremor brought a halt to fracking in the UK. It was 8.30am on August bank holiday Monday in 2019 and Holliday, a retired IT consultant, was with his wife, Susan, in their neat kitchen when all of a sudden the cups and saucers began to shake.

“The crockery and glasses were rattling. The windows were rattling,” he said on Thursday.

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New UK PM Liz Truss submitted details of her well-tracked energy price freeze to Parliament on Thursday, while also announcing a £40 billion energy market financing scheme and pointing towards more fundamental energy market reform.

The general manager of Australia’s Carbon Market Institute is departing to head up the Australia and Pacific business of an international carbon trading firm.

The EU’s current biomass policy is causing a ‘carbon bomb in the heart of Europe’ warns an environmental group ahead of an upcoming revision of the policy, encouraging a high CO2 polluting power company to burn more wood and escape the clutches of mitigation in the bloc’s Emission Trading System (ETS).

A US forestry project has been awarded a low chance of avoiding a tonne of CO2 by a rating agency because of a significant risk of additionality and over crediting.