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“Act of climate vandalism” as new PM names Rees-Mogg as UK energy minister

RenewEconomy - Wed, 2022-09-07 14:50

MP who advocated for syphoning “every last cubic inch of gas” from the North Sea, the resumption of fracking, and the rejection of wind farms, to lead UK on energy and climate.

The post “Act of climate vandalism” as new PM names Rees-Mogg as UK energy minister appeared first on RenewEconomy.

Categories: Around The Web

St Baker tips millions into Australian electric aircraft technology

RenewEconomy - Wed, 2022-09-07 14:35

St Baker Energy Innovation Fund joins $23m fundraising for company behind "world’s most efficient" electric vertical take-off and landing technology.

The post St Baker tips millions into Australian electric aircraft technology appeared first on RenewEconomy.

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Green hydrogen industry is sick of feasibility studies, wants backing for showcase projects

RenewEconomy - Wed, 2022-09-07 14:20

Australia's green hydrogen hopefuls are tired of feasibility studies, and want support for a large scale project to show path to global dominance.

The post Green hydrogen industry is sick of feasibility studies, wants backing for showcase projects appeared first on RenewEconomy.

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Japan releases draft carbon trading regulations for GX League

Carbon Pulse - Wed, 2022-09-07 14:11
Japan plans to introduce a price ceiling and floor in its voluntary emissions trading market to avoid price shocks, while companies seeking to earn credits in the scheme must set ambitious, government-certified targets.
Categories: Around The Web

CP Daily: Tuesday September 6, 2022

Carbon Pulse - Wed, 2022-09-07 13:25
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

Poorly ventilated buildings are allowed under Australia rules – it's time to fix it

The Conversation - Wed, 2022-09-07 12:49
The National Construction Code has no minimum ventilation requirements for schools, aged care institutions, pubs, restaurants and health-care facilities. Geoff Hanmer, Adjunct professor of architecture, University of Adelaide Licensed as Creative Commons – attribution, no derivatives.
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Sunshine state dominates winter performance tables for solar PV

RenewEconomy - Wed, 2022-09-07 12:40

Strong winter sun helps Queensland solar farms dominate list of best performing large scale solar PV assets in August.

The post Sunshine state dominates winter performance tables for solar PV appeared first on RenewEconomy.

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New Zealand auction clears below expectations

Carbon Pulse - Wed, 2022-09-07 10:17
New Zealand’s quarterly carbon auction held on Wednesday cleared below the secondary market price as bid levels and participation were lower than expected.
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Paying billions in subsidies to fossil fuel industry makes absolutely no economic sense

RenewEconomy - Wed, 2022-09-07 10:11

gas-flaring-methane-emissions-nature-EditSubsidies serve an important function, but it makes absolutely no economic sense to subsidise things a government is, or should be, trying to discourage.

The post Paying billions in subsidies to fossil fuel industry makes absolutely no economic sense appeared first on RenewEconomy.

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German government proposes limited extension of “high risk” nuclear

RenewEconomy - Wed, 2022-09-07 10:10

German economy and climate minister says tweak to nuclear exit law will only entail a limited extension until spring next year, due to the technology's risks.

The post German government proposes limited extension of “high risk” nuclear appeared first on RenewEconomy.

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Chimps show off their 'signature' drum beats

BBC - Wed, 2022-09-07 09:17
The wild apes drum messages to one another on tree roots in the rainforest, researchers find.
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Online carbon marketplace startup raises another €4.2 mln from investors

Carbon Pulse - Wed, 2022-09-07 08:37
A nascent, Berlin-headquartered carbon trading platform has raised a further €4.2 million in fresh funding.
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PREVIEW: With speculators sidelined, emitters to set tone for Q3 RGGI auction

Carbon Pulse - Wed, 2022-09-07 07:41
Traders largely believe the September RGGI auction will break a streak of six straight record settlements, given steady secondary market purchases from compliance entities, global market weakness, and clarity on Virginia’s planned exit from the programme as factors that could influence the clearing price.
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Mexican ETS to begin operational phase in 2023 with 100% free allocation

Carbon Pulse - Wed, 2022-09-07 07:33
The Mexican Emissions Trading Scheme will kick off next year by freely distributing all allowances before reducing this over time, while the government still needs to determine the programme’s auction mechanism and offset protocols, a conference heard Tuesday.
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We pay billions to subsidise Australia’s fossil fuel industry. This makes absolutely no economic sense

The Conversation - Wed, 2022-09-07 06:06
Fossil fuel subsidies from major economies nearly doubled in 2021, reaching almost US$700 billion. Here’s how Australia stacks up. Richard Denniss, Adjunct Professor, Crawford School of Public Policy, Australian National University Licensed as Creative Commons – attribution, no derivatives.
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Liz Truss points to energy cost relief in first major initiative as new UK PM

Carbon Pulse - Wed, 2022-09-07 05:22
Liz Truss officially became British prime minister after meeting with the nation's Queen on Tuesday, going on to deliver her first speech in the new role that pointed to a policy package to be released later in the week to address spiralling energy bills.
Categories: Around The Web

Firms to launch insurance product for ‘risky’ voluntary carbon market

Carbon Pulse - Wed, 2022-09-07 05:09
An insurance product for the voluntary carbon market (VCM) has been launched to cover the risk of third-party negligence and fraud by project developers and auditors, including whether the offset credit removes or avoids a tonne of CO2.
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Fresh wave of sewage pollution hits Britain's beaches

BBC - Wed, 2022-09-07 04:38
Untreated sewage triggers pollution warnings at almost 100 UK beaches after heavy rainfall.
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Tokenised voluntary carbon credits trading 70% cheaper than OTC -analysis

Carbon Pulse - Wed, 2022-09-07 04:00
Carbon credits trading in the voluntary market, largely from renewable energy projects with vintages from 2008-15, are trading at huge discounts as tokens on blockchain compared to the traditional over-the-counter market, according to analysis published on Tuesday.
Categories: Around The Web

I’ve had a long battle with climate despair. Now I’m leaving the ‘denial machine’ to their demons | Clive Hamilton

The Guardian - Wed, 2022-09-07 03:30

As those most responsible for the crisis recede into history, our energy is better spent responding to the world we have created

After years of robust campaigning for climate preservation, writing books on climate change, scores of articles and hundreds of public talks – not to mention serving on the Climate Change Authority, helping set up an international taskforce and running for parliament – I couldn’t take it any more.

I became so despairing about where we were heading and the unwillingness of most to face up to reality that I stopped working on climate change altogether.

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