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South Australia wind and solar production exceeded demand every second day in 2021, according to market operator.

The post Wind and solar production exceeded demand every second day in South Australia in 2021 appeared first on RenewEconomy.

Both California Carbon Allowance (CCA) and RGGI Allowance (RGA) values fell this week in tandem with the geopolitical-fuelled plunge in EU carbon and global equity values, with the losses negating early week gains in the WCI programme and coming just ahead of RGGI’s quarterly auction next week.

The best of this week’s wildlife pictures, including rescued pangolins, a foraging fiddler crab and a silver orb spider

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Calls to put a full embargo on Russian oil and gas exports are growing louder in the EU as Moscow’s brutality against Ukraine intensifies, pushing what is still a minority of stakeholders to ask for a halt to what they see as unacceptable funding of war via the bloc's energy purchases.

You will play a leading role in the development and overall management of proposals on corporate climate strategies, greenhouse gas (GHG) accounting services, climate change mitigation solutions, target setting, agriculture supply chain strategies and water stewardship, as well as in the implementation of projects, for which you will manage small project teams.

Reporting directly to the Carbon Projects Director, the Portfolio Consultant will be in charge of expanding the network of project developers partnerships, executing due diligence on identified projects and participating in carbon credits purchases and the implementation of long-term investments.

In a potentially game changing move for the renewable energy sector, the Green Investment Group, owned by Australian banking giant Macquarie, has announced plans to launch a specialist offshore wind business which will begin operations next month with a project pipeline of over 15GW. Macquarie’s Green Investment Group (GIG) – which it acquired off the […]

The post Macquarie spins out new business to accelerate offshore wind, including in Australia appeared first on RenewEconomy.

New Zealand can expect more days above 25℃, the threshold for heat stress in livestock, and fewer frost days, which will affect crops like kiwifruit that need winter chilling. Anita Wreford, Professor, Lincoln University, New Zealand Licensed as Creative Commons – attribution, no derivatives.

Food is a fundamental human right. But governments have left it to charities and food suppliers to step in after disasters. That has to change as climate change throws up greater stresses. Rachel Carey, Senior Lecturer in Food Systems, The University of Melbourne Leila Alexandra, Research Assistant , The University of Melbourne Maureen Murphy, Research Fellow (Food Systems), The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

Opposition against a proposed second EU carbon market for buildings and transport has spread to the biggest political group in the bloc's parliament, with centre-right members rebelling against their senior spokesperson and joining progressive MEPs in seeking to limit the measure or kill if off entirely.

Signs of collapse are everywhere, and if we think it’s possible to return to ‘normal’, then we are deluded

The cows are found washed up on beaches, and in Lismore, they’re cutting holes in the roof to desperately clamour above the rising waters. In Sydney the rain won’t stop, while Perth baked in its hottest summer ever. Throughout the disorder comes the refrain: “When are we going to go back to having a normal summer?”

In the summers we long for (sometimes nostalgically misremembered as bright and always perfect, warmly lit, always comfortable) the weather is hot (but not too hot) and life is lived outside. It is the season that we earn, sometimes live for, the reward for hard winters or wet springs, or just a tough year. They are our long, lovely golden days.

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Offset projects under contract to deliver carbon credits to the Australian government will be allowed to exit those obligations and sell their units on the voluntary market at three times the price.

The director of business development at ClimateCare/Natural Capital Partners has left to join a Toronto-headquartered carbon credit investment vehicle, while another Canadian-based offset investor will see its shares start to trade publicly on Thursday.

IEA says reducing temperature could help wean consumers off fuel that Russia is using as a weapon in Ukraine war

• Ukraine-Russia crisis: latest updates

Europeans should turn down their thermostats by a degree to save on gas and reduce dependency on Russian imports, which Russia is wielding as a weapon in the Ukraine war, the world’s leading energy adviser has said.

Governments in Europe should also impose a windfall tax on fossil fuel companies that have enjoyed a bonanza from soaring energy prices, and use it to cut energy bills for hard-pressed consumers, according to a 10-point plan formulated by the International Energy Agency that would reduce Russian gas imports by about a third before next winter.

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Finnish energy firm Fortum will halt all new investments in Russia and cut its ownership of thermal assets there, it said in results Thursday, vowing to maintain operations in Russia for the time being. 

The EU should delay planned closures of nuclear power plants, incentivise greater use of wood-burning generators, and encourage citizens to turn down their heating, the IEA said on Thursday in a 10-point proposal to cut the bloc’s dependence on Russian gas.

EUAs endured another volatile trading session on Thursday morning, with prices moving sharply amid bursts of activity as energy markets gave up early gains amid reports that Russia was open to renewed ceasefire talks with Ukraine.

The Swiss-based group that has bridged the vast majority of carbon credits onto blockchain so far is planning to shut the door on older vintage offsets in a bid to increase the quality of the units available on-chain.

A publicly owned FutureGrid utility would invest $25 billion in new network infrastructure to unlock renewables, under an ambitious Australian Greens plan.

The post Greens unveil $25b plan to overhaul Australia’s grid to deliver 700 per cent renewables vision appeared first on RenewEconomy.

The board of London-based OneWeb, part-owned by the UK government, votes to stop using Soyuz rockets.