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Australians reject “gas led recovery” as climate concern surges to new highs

RenewEconomy - Tue, 2021-10-12 23:02

climate change protest signage ipcc report science - mazengarb - optimisedNew survey shows 8 in 10 Australians support the phase of coal power, and vast majority say economic recovery should be powered by renewables, not gas.

The post Australians reject “gas led recovery” as climate concern surges to new highs appeared first on RenewEconomy.

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Australia’s weak climate policies a threat to 70,000 Australian jobs

RenewEconomy - Tue, 2021-10-12 23:01

Liquefied natural gas lng carrier ship with five tanks 1200 - optimisedTens of thousands of Australian jobs at risk due to country's weak climate policies, as other countries ponder carbon border taxes.

The post Australia’s weak climate policies a threat to 70,000 Australian jobs appeared first on RenewEconomy.

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Greta Thunberg: I’m open to meeting Biden at Cop26 but don’t expect much

The Guardian - Tue, 2021-10-12 23:00

The activist says she will continue to repeat her message until governments take meaningful steps to address the climate crisis

Greta Thunberg is “open” to meeting with Joe Biden at the United Nations climate summit in Glasgow, though the young Swedish activist does not expect much from either the US leader or the make-or-break summit that runs from 31 October to 12 November.

In an interview with the global media collaboration Covering Climate Now, Thunberg expressed surprise at the idea that the US president, or any world leader, might want to sit down with her at Cop26, but said she was open to the possibility, if asked. “I guess that will depend on the situation,” she said. “I don’t see why these people want to meet with me, but yeah.”

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Now or never: CDM developers eye issuance rush before door closes

Carbon Pulse - Tue, 2021-10-12 22:00
A number of CDM developers are planning a rush of CER issuances to benefit from slightly higher prices and to get them off their books before potential UN decisions leave the units worthless.
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CCS global project pipeline capacity accelerates in 2021

Carbon Pulse - Tue, 2021-10-12 21:51
The global CCS pipeline has expanded rapidly in 2021, adding dozens of new projects since the end of last year, according to the Global CCS Institute in its 2021 status report released on Tuesday.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2021-10-12 21:37
EUAs weakened on Tuesday morning as participants eyed the steadily increasing pace of issuance of free allowances for 2021, while energy markets all fluctuated within a comparatively narrow range.
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Bluesource, Oak Hill form $500 mln joint venture to manage forest land for offsets

Carbon Pulse - Tue, 2021-10-12 21:00
North American environmental firm Bluesource has partnered with investment firm Oak Hill Advisers to form a $500 million joint venture and develop forestry-based carbon credits for both the compliance and voluntary markets, the companies announced Tuesday.
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China announces coal market reform, leaves greater space for carbon price

Carbon Pulse - Tue, 2021-10-12 20:18
China on Tuesday announced several key reforms to its coal-fired electricity market, which analysts say could allow generators to pass on the cost of carbon.
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South Korea targets bilateral market to secure international credits under Paris

Carbon Pulse - Tue, 2021-10-12 18:39
South Korea plans to do its purchasing of international credits under Article 6.2 of the Paris Agreement, according to government documents, potentially ruling out the option of incentivising private sector players to buy some of the volume under mechanisms such as the CDM.
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Scientists recreate reefs in labs to stem the plague killing coral – in pictures

The Guardian - Tue, 2021-10-12 16:30

At laboratories across Florida, marine biologists have been creating coral reefs, complete with artificial currents and local fish, in the search for a way to prevent stony coral tissue loss disease, which has swept along the state’s coastline and across the Caribbean

• Photographs by Chandan Khanna (AFP/Getty)

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Queensland coal generator pivots to renewable hydrogen, powered by solar and battery

RenewEconomy - Tue, 2021-10-12 14:52

Kogan Creek Power Station landscape - optimisedQueensland government-owned coal generator to build a solar and battery-powered hydrogen electrolyser near Chinchilla on the Darling Downs.

The post Queensland coal generator pivots to renewable hydrogen, powered by solar and battery appeared first on RenewEconomy.

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Kurri Kurri: The generator on gas rations

RenewEconomy - Tue, 2021-10-12 14:45

Snowy Hydro's Valley gas-fired power station in Tasmania.The Kurri Kurri gas generator makes no sense: It has only six hours storage and can't compete against faster, cheaper, cleaner batteries.

The post Kurri Kurri: The generator on gas rations appeared first on RenewEconomy.

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Net zero by 2050 means eliminating fossil fuels from the grid by 2035

RenewEconomy - Tue, 2021-10-12 14:15

If Australia joins others in committing to net zero emissions by 2050, it will need to have a zero carbon grid by around 2035 to get there.

The post Net zero by 2050 means eliminating fossil fuels from the grid by 2035 appeared first on RenewEconomy.

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Building strategy to look at embodied carbon, says government

BBC - Tue, 2021-10-12 14:05
Carbon emissions from making building materials - or embodied carbon - had led to calls to end demolitions.
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Rio Tinto flags possible wind and solar deals to power huge Gladstone smelter

RenewEconomy - Tue, 2021-10-12 14:05

Australia's second biggest aluminium smelter now has a brighter future after Rio Tinto flags it could be powered by wind and solar.

The post Rio Tinto flags possible wind and solar deals to power huge Gladstone smelter appeared first on RenewEconomy.

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Carbon spot price surges to nearly $30/tonne as demand grows for direct contracts

RenewEconomy - Tue, 2021-10-12 13:24

The spot price for Australian Carbon Credit Units (ACCUs) leaped another 13% to a new record high and just short of $30/tonne.

The post Carbon spot price surges to nearly $30/tonne as demand grows for direct contracts appeared first on RenewEconomy.

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Australian politics’ hypocritical climate kabuki dance has nobody fooled | Peter Lewis

The Guardian - Tue, 2021-10-12 11:31

The Murdoch press is proselytising, the business lobby is modelling a clean energy future while the PM is trying to tether colleagues to something approaching reality

As the planet prepares to flunk its latest performance review in Glasgow, Australian politics is threatening to reach peak bullshit with its cynically curated “towards net zero” kabuki dance.

After spewing toxic climate emissions into our civic ecosystem for over a decade, the Murdoch press is proselytising the need to act, the business lobby is modelling a clean energy future while the prime minister resolves to tether his nuttier outliers to something approaching reality.

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CP Daily: Monday October 11, 2021

Carbon Pulse - Tue, 2021-10-12 11:19
A daily summary of our news plus bite-sized updates from around the world.
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Australian battery manufacturer to fast-track production after pre-IPO fund raising

RenewEconomy - Tue, 2021-10-12 10:38

RedEarthES-SunRise-Installation-Fig-Tree-Pocket-QLD- optimisedAustralian battery storage company completes "significantly oversubscribed" pre-IPO funding round ahead of a planned ASX listing in 2022.

The post Australian battery manufacturer to fast-track production after pre-IPO fund raising appeared first on RenewEconomy.

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At least one group expects Morrison in Glasgow, but will he go?

RenewEconomy - Tue, 2021-10-12 09:54

scott morrison kyoto international talks aap climate change - optimisedMorrison still hasn't landed a 2050 target as the Nationals state their demands – but there's at least one sign Morrison will head to Glasgow.

The post At least one group expects Morrison in Glasgow, but will he go? appeared first on RenewEconomy.

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