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Euro Markets: Midday Update

Carbon Pulse - Mon, 2022-08-22 21:50
EUAs edged back from recent highs early on Monday but stayed within range of Friday's record settlement as traders absorbed sharp increases in energy prices after Gazprom said the Nord Stream 1 pipeline would close for a brief maintenance.
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Rio Tinto starts commissioning Gudai-Darri solar farm, and Tom Price battery

RenewEconomy - Mon, 2022-08-22 21:12

The first solar farm to power one of Rio Tinto's huge iron ore mines begins commissioning, as does a new big battery on the same network.

The post Rio Tinto starts commissioning Gudai-Darri solar farm, and Tom Price battery appeared first on RenewEconomy.

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Can aluminium be used as ultra long term storage for renewable energy and heat?

RenewEconomy - Mon, 2022-08-22 21:00

aluminium unplash - optimisedResearch group is looking at how aluminium can be used to store renewable power as energy and heat - for months or even years.

The post Can aluminium be used as ultra long term storage for renewable energy and heat? appeared first on RenewEconomy.

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Weather tracker: strong wind and heavy rain to continue in Australia

The Guardian - Mon, 2022-08-22 20:19

Gusts expected to move north, while extreme heat in parts of Europe forecast to ease this week

Strong winds are expected to continue to lash Australia this week and, while the peak speeds are not anticipated to be exceptional, the vastness of the area affected will be unusual.

As low pressure moves to the south-east, high pressure is likely to develop across Western Australia before heading eastwards.

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Climate Change Consultant, Hamerkop Climate Impacts – London

Carbon Pulse - Mon, 2022-08-22 20:06
This newly created consultant position will consist of growing and delivering a diverse range of stimulating consultancy assignments either in relation to energy access or forestry, or a combination of both.
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China’s Sichuan extends power rationing, heightening concerns over energy security

Carbon Pulse - Mon, 2022-08-22 19:46
Southwest China's Sichuan province has decided to extend industrial power rationing by an additional five days amid the ongoing record heat wave, sparking concerns over the fragility of the country's overall energy system.
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Whether you’re a climate ‘doomer’ or ‘appeaser’, it’s best to prepare for the worst | Bill McGuire

The Guardian - Mon, 2022-08-22 17:00

While more extreme threats are unlikely to be realised, sticking to the precautionary principle is just plain common sense

  • Bill McGuire is professor emeritus of geophysical and climate hazards at UCL

Our world is on course for a climate cataclysm. Or is it? Not long ago, the global heating battle lines were clear: you either believed it was happening, and that it resulted from the colossal volumes of carbon spewed out by human activities, or you didn’t. As the year on year breakdown of our once stable climate has become more apparent, however, denial has become increasingly irrelevant, and new battle lines are being drawn.

While widespread blistering heat, drought and wildfires have kept climate change in the public eye, they have also heightened tensions between those I call climate appeasers, who seek to minimise how bad climate breakdown will ultimately be, and others, disparagingly branded doomers (or doomists), who are honestly concerned that it may be catastrophic, perhaps even posing an existential threat to civilisation and possibly humankind itself.

Bill McGuire is professor emeritus of geophysical and climate hazards at UCL, and the author of Hothouse Earth: an Inhabitant’s Guide

Do you have an opinion on the issues raised in this article? If you would like to submit a letter of up to 300 words to be considered for publication, email it to us at guardian.letters@theguardian.com

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Fossil fuel industry may have lost power, but it’s still got its foot on the brakes

RenewEconomy - Mon, 2022-08-22 15:18

The EV Summit in Canberra will likely emerge as a pivotal moment in Australia's transition to electric vehicles. But there are still powerful forces at work trying to slow it down.

The post Fossil fuel industry may have lost power, but it’s still got its foot on the brakes appeared first on RenewEconomy.

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Even a one year delay in new transmission links will hurt homes and businesses

RenewEconomy - Mon, 2022-08-22 15:03

AEMO says it will lift a suspension of the entire National Electricity Market after supply pressures ease.cNew modelling shows the impact on consumer electricity bills of delays to the electricity transmission upgrade and build – and it's not pretty.

The post Even a one year delay in new transmission links will hurt homes and businesses appeared first on RenewEconomy.

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Sewage monitors faulty at seaside spots in England and Wales, data shows

The Guardian - Mon, 2022-08-22 15:00

Environment Agency figures indicate people could be swimming in human waste this summer without warning

Sewage monitors at some popular seaside destinations in England and Wales are faulty or not installed, Environment Agency data has revealed, meaning people could be swimming in human waste this summer without realising.

Seaside holidays this year have been marred by water companies pumping raw sewage into the ocean, with popular beaches in areas including Sussex and Devon having to close.

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Snowy 2.0 hit by new billion-dollar cost blowout claims

RenewEconomy - Mon, 2022-08-22 14:51

Snowy 2.0 faces new claims its multi-billion dollar budget has blown out even further, as signs emerge that EPC costs are higher than expected.

The post Snowy 2.0 hit by new billion-dollar cost blowout claims appeared first on RenewEconomy.

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Just two prosecutions for ‘unexplained land clearing’ made since NSW Coalition changed rules

The Guardian - Mon, 2022-08-22 13:44

Clearing has risen by 73% since new laws allowing the clearing of native flora were introduced as independent MP criticises lack of action

The New South Wales government has completed just two prosecutions into “unexplained land clearing” since 2017 when the Coalition introduced a much more liberal regime to allow clearing of native vegetation.

Clearing has risen by 73% since the new laws were introduced.

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Australia Market Roundup: Regulator makes large ACCU issuance as Inpex seeks special Safeguard treatment

Carbon Pulse - Mon, 2022-08-22 13:36
The Clean Energy Regulator has issued some 723,000 new Australian Carbon Credit Units (ACCUs), as Japanese-headquartered gas company Inpex calls for LNG exemptions in the expanded Safeguard Mechanism and a local firm raises cash for future carbon projects.
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Jacinda Ardern says one-in-100 year weather events becoming more frequent – video

The Guardian - Mon, 2022-08-22 13:26

Jacinda Ardern has warned about the impact of climate change during a visit to the city of Nelson on New Zealand's flood-battered South Island. The New Zealand prime minister called on the country to do all it can to lessen the impacts of climate change. 'We're asking the rest of the world to do that,' Ardern said. 'You can see the extreme weather events that we're experiencing as a result of a warming climate'

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Frozen in time, we've become blind to ways to build sustainability into our urban heritage

The Conversation - Mon, 2022-08-22 12:27
Our urban heritage should be allowed to evolve and adapt to the values and needs of today. It’s the best way to avoid neglect and decay, while enabling this heritage to help make cities sustainable. James Lesh, Lecturer in Cultural Heritage and Museum Studies, Deakin University Licensed as Creative Commons – attribution, no derivatives.
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Australia’s biggest listed solar company to be wound up after selling US portfolio

RenewEconomy - Mon, 2022-08-22 11:15

The planned delisting and winding up of Australia's biggest solar farm owner removes one of the last opportunities for small investors to buy into the green energy transition.

The post Australia’s biggest listed solar company to be wound up after selling US portfolio appeared first on RenewEconomy.

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South Africa’s nuclear sector has failed its first test

RenewEconomy - Mon, 2022-08-22 09:52

koeberg nuclear plant S AfricaThe mishandling of the Koeberg life extension project indicates that South Africa should drop any ambitions for new nuclear plants.

The post South Africa’s nuclear sector has failed its first test appeared first on RenewEconomy.

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Plastic has made it to the bottom of Fiji’s rives; our environment is breaking down | Andrew Paris

The Guardian - Mon, 2022-08-22 09:45

In Pacific countries people lived in harmony with nature for centuries, now even river bed mussels are affected by the way we live

As a marine biologist in Fiji I am used to seeing plastics in our waterways.

I’ve written of plastics in the sand, sea and surf, and researched the presence of plastics in fish. But my latest piece of research had me shocked.

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English beach sewage dumps not monitored properly, data shows

BBC - Mon, 2022-08-22 09:39
Some water firms fail to install devices that measure storm overflows, according to the Lib Dems.
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Tory leadership candidates failing on net zero policies, says thinktank

The Guardian - Mon, 2022-08-22 09:01

Research from Onward outlines ways to reduce greenhouse gas emissions and cut energy bills

The two Conservative leadership candidates are failing to promise the policies needed to achieve net zero greenhouse gas emissions, a right-leaning thinktank has warned, despite a clear need for measures that would cut consumer bills as well as carbon.

Insulating Britain’s draughty homes would cost the government just over £1bn a year in grants plus a similar amount in subsidised loans, while a 50% cut in stamp duty could encourage people to install low-carbon heat pumps when they move house, according to the proposals from Onward.

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