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Chinese developers take plunge on grassland projects

Carbon Pulse - Tue, 2022-08-02 20:05
Despite the lack of policy direction for the national government, some Chinese project developers are moving to develop grassland-based carbon sequestration schemes, initially targeting foreign buyers.
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UN, BIS to develop prototype for Paris-linked carbon units from green bonds

Carbon Pulse - Tue, 2022-08-02 18:41
The UN Climate Change Global Innovation Hub and the Bank for International Settlements (BIS) have joined up with a group of financials, tech firms, and industrials to produce proof of concept for a blockchain-based carbon unit derived from green bonds that are linked with country NDCs under the Paris Agreement.
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'Brink of collapse': David Pocock delivers climate warning in first Senate speech – video

The Guardian - Tue, 2022-08-02 18:33

Independent ACT senator David Pocock has given his first speech in the  Senate, warning a sixth mass extinction event is under way. 'Today the systems that sustain life on earth are on the brink of collapse,' Pocock said. 'The climate as we know it is breaking down and the impacts are now being felt with distressing regularity.' 

A request made by Pocock for an Auslan interpreter to translate his speech was denied by the major parties, who were worried about the 'precedent' it would set. The government offered to have screens on the floor of the Senate displaying an interpreter as a compromise

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CP Daily: Monday August 1, 2022

Carbon Pulse - Tue, 2022-08-02 18:07
A daily summary of our news plus bite-sized updates from around the world.
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Should Premier League football clubs travel so far for pre-season?

BBC - Tue, 2022-08-02 18:05
BBC Sport examines the climate impact of the Premier League's globe-trotting pre-season tours.
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Call for hippos to join list of world’s most endangered animals

The Guardian - Tue, 2022-08-02 16:45

New classification would mean a total ban on international trade in the animal’s body parts, as climate crisis and poaching hit populations

Hippos could be added to the list of the world’s most endangered animals because of dwindling populations caused by the climate crisis, poaching and the ivory trade.

The semi-aquatic mammals are found in lakes and rivers across sub-Saharan Africa, with an estimated population of 115,000-130,000. As well as the trade in ivory – found in its teeth – and animal parts, they are threatened by habitat loss and degradation, and the effects of global heating.

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The 'gas trigger' won't be enough to stop our energy crisis escalating. We need a domestic reservation policy

The Conversation - Tue, 2022-08-02 16:25
There’s been a lot of talk about pulling the gas trigger. The problem is, the trigger is too slow and too easy to avoid. Samantha Hepburn, Professor, Deakin Law School, Deakin University Licensed as Creative Commons – attribution, no derivatives.
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South Korea sets up Article 6 council, announces second round of funding for pilot projects

Carbon Pulse - Tue, 2022-08-02 16:22
South Korea has established an International Reduction Council to handle the nation’s involvement in Article 6 of the Paris Agreement, as Korea Environment Corporation (KECO) this week announced a second round of pilot project funding.
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There is no shortage of gas, or fossil fuel cartels, in Australia

RenewEconomy - Tue, 2022-08-02 15:27

Sudden price falls in gas and electricity markets have caught out Australia's fossil fuel cartels - like a trillion dollar toddler - with their hands in the cookie jar.

The post There is no shortage of gas, or fossil fuel cartels, in Australia appeared first on RenewEconomy.

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“World first” network innovation promises more wind and solar, less curtailment

RenewEconomy - Tue, 2022-08-02 15:19

Victorian network company Powercor finds way to squeeze more wind and solar onto its grid without expensive new infrastructure or hefty curtailment.

The post “World first” network innovation promises more wind and solar, less curtailment appeared first on RenewEconomy.

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What will a storage target cost electricity consumers?

RenewEconomy - Tue, 2022-08-02 15:18

Driving gas and coal out of the system will reduce prices. Driving them out more quickly - with the help of a storage target - will deliver additional public benefits.

The post What will a storage target cost electricity consumers? appeared first on RenewEconomy.

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Australian start-up wins investor backing for tech to boost electrolyser efficiency, lower green hydrogen costs

Carbon Pulse - Tue, 2022-08-02 14:50
An Australian technology start-up firm has raised A$42.5 million ($29.8 mln) from a group of local and international backers to improve the performance of electrolysers and lower the cost of manufacturing renewable-based hydrogen, the company announced on Tuesday.
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“Exciting and pivotal moment:” NSW prepares for big switch from coal to renewables

RenewEconomy - Tue, 2022-08-02 14:25

sapphire wind farmAEMO briefs investors on the first of many auctions designed to bring in wind, solar and storage to replace ageing coal plants in the country's biggest grid.

The post “Exciting and pivotal moment:” NSW prepares for big switch from coal to renewables appeared first on RenewEconomy.

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The Greens' climate trigger policy could become law. Experts explain how it could help cut emissions – and why we should be cautious

The Conversation - Tue, 2022-08-02 14:25
Under the Greens’ proposal, future projects, such as a new mine or high emissions industrial plant, would be assessed on the climate harms they’d potentially cause. Brendan Sydes, Honorary Senior Fellow, Melbourne Law Masters, The University of Melbourne Anita Foerster, Associate professor, Monash University Laura Schuijers, Deputy Director, Australian Centre for Climate and Environmental Law and Lecturer in Law, University of Sydney Licensed as Creative Commons – attribution, no derivatives.
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South Africa maps out proposed annual carbon tax increases through 2030

Carbon Pulse - Tue, 2022-08-02 13:43
The South African government has proposed tweaking the trajectory of increases to the country’s carbon tax in order to offer stakeholders more predictability.
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South Australia’s biggest renewables hub lands a second power offtake deal

RenewEconomy - Tue, 2022-08-02 13:01

The stage one wind farm of Neoen's massive Goyder Renewables Zone has notched up its second power purchase deal, this time with Flow Power.

The post South Australia’s biggest renewables hub lands a second power offtake deal appeared first on RenewEconomy.

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New Zealand is touting a green hydrogen economy, but it will face big environmental and cultural hurdles

The Conversation - Tue, 2022-08-02 12:18
To develop a hydrogen economy at the scale of Aotearoa’s climate ambitions would require about a quarter of the country’s current energy use and swallow enormous amounts of water. David Dempsey, Senior lecturer, University of Canterbury Andy Nicol, University of Canterbury Kēpa Morgan, Adjunct Nga Pae o te Māramatanga, University of Auckland Ludmila Adam, Senior lecturer, University of Auckland Licensed as Creative Commons – attribution, no derivatives.
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Countryside crime rise linked to cost-of-living crisis

BBC - Tue, 2022-08-02 11:32
The cost-of-living crisis has seen a rise in thefts of farm animals, vehicles and fuel, a report says.
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Mechanical failure causes blade to fall off wind turbine in Boston

RenewEconomy - Tue, 2022-08-02 10:11

A blade has fallen off a wind turbine at an Industrial Park in Massachusetts, US – the latest in a spate of incidents at wind farms.

The post Mechanical failure causes blade to fall off wind turbine in Boston appeared first on RenewEconomy.

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