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Australia’s export credit agency gave 80 times more to fossil fuel projects than renewables

The Guardian - Tue, 2021-07-06 03:30

Study finds between $1.57bn and $1.69bn in financing went to coal, oil and gas projects from 2009 to 2020

Australia’s export credit agency provided more than $1.5bn in finance to fossil fuel projects between 2009 and 2020, about 80 times the amount it spent on renewables, according to a new report.

The research, by Jubilee Australia, examined transactions by Export Finance Australia (EFA) – previously known as the Export Finance and Insurance Corporation – finding it had provided between $1.57bn and $1.69bn in financing to coal, oil and gas projects, including refinancing.

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Morocco includes carbon levy in tax reform bill

Carbon Pulse - Tue, 2021-07-06 01:53
Morocco wants to introduce a national levy on carbon emissions as part of a wider overhaul of the country's tax system.
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Climate change: Planting extra trees will boost rainfall across Europe

BBC - Tue, 2021-07-06 01:10
Converting agricultural land to forestry would boost summer rains by 7.6% on average, a study finds.
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Climate crisis causing male dragonflies to lose wing ‘bling’, study finds

The Guardian - Tue, 2021-07-06 01:00

Black patterns used to attract mates can cause the insects to overheat in hotter climates

Male dragonflies are losing the “bling” wing decorations that they use to entice the females as climates get hotter, according to new research.

The results have led to the scientists calling for more work on whether this disparate evolution might lead to females no longer recognising males of their own species in the long run.

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Senior Advisor and Team Leader, Environment and Climate Change, UNDP – New Delhi

Carbon Pulse - Tue, 2021-07-06 00:35
The Senior Advisor and Team Leader leads the Country Office team in developing, designing and executing the Sustainability portfolio for UNDP India under the guidance of the Deputy Resident Representative. S/he also works in close collaboration with other policy and programme portfolios to ensure a collaborative and harmonized joint UNDP programme.
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European Midday Market Briefing

Carbon Pulse - Tue, 2021-07-06 00:28
EU carbon prices climbed back to €58 on Monday, as more gas gains lifted EUAs while traded volumes appeared subdued amid a US holiday.
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EU to align aviation and maritime fuel taxation rules with carbon market reform -draft

Carbon Pulse - Mon, 2021-07-05 20:12
The European Commission intends to introduce minimum taxes for aviation and maritime fuels to align its energy taxation rules with its carbon market expansion, according to a draft seen by Carbon Pulse.
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Man bitten by shark on NSW mid-north coast

The Guardian - Mon, 2021-07-05 20:12

NSW Ambulance praises bystanders who delivered ‘crucial initial first aid’ to surfer

A man has sustained a serious injury after a shark took a “significant bite” out of his arm while he was surfing on the NSW mid-north coast.

The man, believed to be aged in his 20s, was surfing at Crescent Head Beach on Monday 4.30pm when he was attacked.

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Chinese banks explore ways to back forest carbon schemes

Carbon Pulse - Mon, 2021-07-05 19:22
Agricultural Bank of China has approved a loan to an olive oil company taking future expected income from carbon credit sales as security, as lenders keep exploring ways for forest owners to secure hard-to-get loans after the government identified carbon sinks as a key means to meet China’s long-term climate goals.
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National plan to allow battery cages until 2036 favours cheap eggs over animal welfare

The Conversation - Mon, 2021-07-05 16:48
Egg production standards are about more than just a happy compromise. Hens are sentient, intelligent beings. Like us, they deserve a good life. Christine Parker, Professor of Law, The University of Melbourne Lev Bromberg, PhD Candidate, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
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Small majority believe there is still time to avert climate disaster – survey

The Guardian - Mon, 2021-07-05 16:00

Survey in 16 countries finds just over half of consumers believe their own behaviour can help

A small majority of people believe there is still time to make a difference and slow global heating, a survey of consumer attitudes in 16 countries reveals.

People aged 55 and over believe most strongly that their behaviour can make a positive difference to the environment. People in Brazil, Spain, Canada, Italy, China and Thailand are the most optimistic that if we act now there is still time to save the planet, the survey by Mintel found.

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Electric motorcycles, solar sharing, energy smarts: ATC announces 2021 finalists

RenewEconomy - Mon, 2021-07-05 15:47

Australian Technologies Competition 2021 announces 41 companies selected as semi-finalists in this year’s contest, including Australia’s first dedicated electric motorcycle business.

The post Electric motorcycles, solar sharing, energy smarts: ATC announces 2021 finalists appeared first on RenewEconomy.

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Covid-19 has cleared Australia’s path to zero emissions: Now is the time to act

RenewEconomy - Mon, 2021-07-05 14:52

It took a pandemic, but decarbonisation is firmly on the discussion table at last. What we need now is investment in innovation, favourable policy settings and bold action.

The post Covid-19 has cleared Australia’s path to zero emissions: Now is the time to act appeared first on RenewEconomy.

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Miners versus farmers: Nationals split over Barnaby’s climate and coal strategy

RenewEconomy - Mon, 2021-07-05 14:39

With Joyce and Canavan steering Nationals federally away from farmers and towards fossil fuels, parts of the party are already looking for the exit.

The post Miners versus farmers: Nationals split over Barnaby’s climate and coal strategy appeared first on RenewEconomy.

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Green dreams: Managing the transition from rust to renewables

RenewEconomy - Mon, 2021-07-05 14:17

Port Augusta and Whyalla are in the middle of a renewable energy construction boom. But what does it mean for locals? Some workers are starting to lose faith.

The post Green dreams: Managing the transition from rust to renewables appeared first on RenewEconomy.

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Amy’s Balancing Act: How to explain the clean energy revolution to children

RenewEconomy - Mon, 2021-07-05 14:02

A new children's story, Amy's (AEMO's) Balancing Act - uses a sunbaking goanna, an albatrosss, and a sugar glider to explain switch to renewables.

The post Amy’s Balancing Act: How to explain the clean energy revolution to children appeared first on RenewEconomy.

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Lumea plans huge “first of its kind” big battery in Melbourne

RenewEconomy - Mon, 2021-07-05 12:56

Lumea proposes a "first of its kind" funding proposition without government support for what could be the biggest battery in Australia.

The post Lumea plans huge “first of its kind” big battery in Melbourne appeared first on RenewEconomy.

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Pumped hydro boost follows “battery blitz” as state responds to Callide coal explosion

RenewEconomy - Mon, 2021-07-05 10:44

Queensland to invest in pumped hydro storage upgrade as it continue to look to energy storage in response to the Callide coal generator explosion.

The post Pumped hydro boost follows “battery blitz” as state responds to Callide coal explosion appeared first on RenewEconomy.

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'Although we didn’t produce these problems, we suffer them': 3 ways you can help in NAIDOC's call to Heal Country

The Conversation - Mon, 2021-07-05 06:10
For Indigenous people, Country is more than a landscape. But climate change, and the natural disasters it produces, present a clear and present threat to Country, culture and heritage. Bhiamie Williamson, Research Associate & PhD Candidate, Australian National University Licensed as Creative Commons – attribution, no derivatives.
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US urges Australia to adopt ‘more ambitious climate goals’ as pressure mounts on Morrison to act

The Guardian - Mon, 2021-07-05 03:30

Top US diplomat in Canberra says US and Australia have a shared obligation to protect the planet

The top US diplomat in Australia has declared both countries need to set “more ambitious climate goals” and tackle the climate crisis “head on”, as international pressure mounts on the Morrison government to act.

Mike Goldman, who is chargé d’affaires at the United States embassy in Canberra, emphasised that the US and Australia had a shared obligation to protect the planet.

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