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COP26: Mercuria secures deal with Ghana to develop Paris Agreement carbon credits

Carbon Pulse - Wed, 2021-11-10 14:30
Trading house Mercuria has signed an MoU with Ghana to help operationalise Article 6 of the Paris Agreement, including driving project development in a number of sectors across the economy.
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COP26: PM calls on nations to pull out the stops as he returns to summit

BBC - Wed, 2021-11-10 14:01
Boris Johnson is urging nations to secure action to limit global warming in the summit's last days.
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NSW treasurer takes swipe at Morrison’s electric car policy as state dwarfs federal funding

The Guardian - Wed, 2021-11-10 13:20

Matt Kean urges the Coalition government to ‘go a lot further’ to help drive EV uptake

The New South Wales treasurer, Matt Kean, has taken a swipe at the Morrison government’s new electric vehicle policy, as he unveiled additional funding that sees his state’s investment dwarf the federal commitment.

On Wednesday, the day after the prime minister, Scott Morrison, unveiled $178m in new funding for a future fuels fund to build charging stations across Australia, Kean announced an additional $105m to boost uptake of EVs among fleet operators in NSW.

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Gelion inks MOU to roll out 100MWh of its Sydney-made batteries in PNG

RenewEconomy - Wed, 2021-11-10 13:19

Sydney of Uni spin-off signs MOU with Mayur Renewables for the provision of an initial 100 megawatt-hours of its non-flow zinc-bromide batteries.

The post Gelion inks MOU to roll out 100MWh of its Sydney-made batteries in PNG appeared first on RenewEconomy.

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The Driven Podcast: Bill Shorten on his new Tesla, and what it did to his weekend

RenewEconomy - Wed, 2021-11-10 12:58

BILL SHORTEN CLIMATE CHANGE ACTION PLANBill Shorten may no longer be leader of the Labor Party, but he does own a Tesla, becoming the first federal MP to go electric as part of his parliamentary package. Did it ruin his weekend?

The post The Driven Podcast: Bill Shorten on his new Tesla, and what it did to his weekend appeared first on RenewEconomy.

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The fate of our planet depends on the next few days of complex diplomacy in Glasgow. Here's what needs to go right

The Conversation - Wed, 2021-11-10 12:23
A new climate projection found Glasgow pledges leave the world off-track for limiting warming to 1.5℃. What needs to happen in the final days of frantic COP26 negotiations to close the ambition gap? Wesley Morgan, Research Fellow, Griffith Asia Institute and Climate Council researcher, Griffith University Licensed as Creative Commons – attribution, no derivatives.
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Why the Australian government must listen to Torres Strait leaders on climate change

The Conversation - Wed, 2021-11-10 12:21
First Nations leaders Pabai Pabai and Paul Kabai filed a landmark class action against the Australian government to protect communities in the Torres Strait from climate change. Eddie Synot, Lecturer, Griffith Law School, Griffith University Licensed as Creative Commons – attribution, no derivatives.
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No place for gas, as Forrest says green hydrogen orders “come from everywhere”

RenewEconomy - Wed, 2021-11-10 12:18

Andrew Forrest tells shareholders demand for green hydrogen is “coming from everywhere” since FFI has made its intentions clear.

The post No place for gas, as Forrest says green hydrogen orders “come from everywhere” appeared first on RenewEconomy.

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“Outdated:” Queensland takes Palmer coal plant approval process away from council

RenewEconomy - Wed, 2021-11-10 12:15

Coal mining at an open pit clive palmer waratah coal galilee basin-3 - optimisedQueensland state government proposes to take charge of development approval process for coal power station being proposed by Clive Palmer.

The post “Outdated:” Queensland takes Palmer coal plant approval process away from council appeared first on RenewEconomy.

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Neoen solar projects delayed by supply chain issues, battery revenue jumps four-fold

RenewEconomy - Wed, 2021-11-10 12:08

Neoen says it will take a little longer to reach 5GW of operating capacity, mostly due to supply chain issues in solar. But battery revenue has jumped sharply.

The post Neoen solar projects delayed by supply chain issues, battery revenue jumps four-fold appeared first on RenewEconomy.

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CP Daily: Tuesday November 9, 2021

Carbon Pulse - Wed, 2021-11-10 11:06
A daily summary of our news plus bite-sized updates from around the world.
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Cape Town's Day Zero: 'We are axing trees to save water'

BBC - Wed, 2021-11-10 10:33
Cape Town, on South Africa's coast, was the first global city to come close to running out of water.
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COP26: Seeking Article 6 breakthrough, governments consider leaving emissions beyond pledges to the voluntary market

Carbon Pulse - Wed, 2021-11-10 10:20
Negotiators working on rules to govern international emissions trade under Article 6 of the Paris Agreement are considering a fresh compromise to help break a deadlock over double counting safeguards that has lasted for nearly six years.
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Silicon Valley-backed corporate carbon offset ‘robo-advisor’ raises $3 mln in seed round

Carbon Pulse - Wed, 2021-11-10 09:58
A Silicon Valley-backed 'robo-advisor' for high-quality offsets has raised $3 million in a fund raise to help scale its procurement platform for corporates seeking to neutralise their carbon footprint.
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CEZ reports coal output cut as puts asset sale on hold

Carbon Pulse - Wed, 2021-11-10 09:50
Czech utility CEZ saw its coal power output drop 18% over the first nine months of 2021 amid asset divestments, the company said on Tuesday, though it halted the sale of its Polish assets.
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Evolution Environmental Asset Management welcomes green investment, offset experts into the fold

Carbon Pulse - Wed, 2021-11-10 09:50
Evolution Environmental Asset Management (EEAM) on Tuesday announced the appointment of an advisory board made up of green investment experts, while also naming a carbon offset veteran to its team of founding partners.
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Angus Taylor launches fresh attempt to use clean energy body to fund CCS projects

RenewEconomy - Wed, 2021-11-10 09:43

Australian Prime Minister Scott Morrison and Australian Energy Minister Angus Taylor in Canberra. AAP Image/Lukas CochThe Morrison government will again try to open up a key clean energy fund to CCS projects, in attempt to establish $500 million fund.

The post Angus Taylor launches fresh attempt to use clean energy body to fund CCS projects appeared first on RenewEconomy.

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Scott Morrison could restore Australia’s climate reputation as a lifter rather than a leaner with five steps | Tristan Edis

The Guardian - Wed, 2021-11-10 09:39

There is a way the Coalition can claim its climate policy is all about technology not taxes and still show it is serious about net zero

Supporters of fossil fuels in Australia’s media and political classes have been gleefully echoing Greta Thunberg’s claims that the Glasgow climate summit has been a failure. Yet both European and American politicians have been busily working on other plans to discipline climate change bludgers. These involve measures such as taxing carbon intensive goods imported from countries without equivalent emission control policies, and also choking off finance to high-polluting industries.

The Morrison government’s recently released long-term emissions reduction plan claims that it will protect us from such actions, stating the plan will “ensure Australian exporters are not targeted by trade action, and Australian businesses do not face cost of capital premiums”. While Scott Morrison might be able to fool voters, there is little chance the US and European governments will fail to notice this is a plan to freeload off their hard work.

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Biden strikes down Trump-era plan to remove northern spotted owl habitat

The Guardian - Wed, 2021-11-10 09:19

In a decision made by Trump’s interior secretary days before leaving office, critical land for the northern spotted owl would have been logged

In a victory for the northern spotted owl, the Biden administration has struck down a Trump-era plan that would have removed more than 3.4m acres of critical habitat for the imperiled bird and opened the old-growth forests where it lives to logging.

The population of the small chocolate brown owl, which lives in forested areas in Washington, Oregon, and northern California, has been in decline for decades and has already lost roughly 70% of its habitat. Its numbers have plummeted 77% in Washington state, 68% in Oregon, and close to half in California, according to studies by the US Geological Survey, and biologists fear that further habitat reduction would put them on the path to extinction.

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$100/tonne CO2 tax would have minor impacts in most OECD countries -study

Carbon Pulse - Wed, 2021-11-10 06:53
A sudden global $100/tonne carbon tax would lower GDP by only 1-2% in most middle-to-high-income nations, but the effects would be more pronounced in carbon-intensive emerging economies such as Russia, South Africa, and India, according to new research.
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