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French giant Total Eren signs on to massive 8GW green hydrogen project in WA
Total Eren to collaborate with ASX listed Province Resources on the development of a huge wind, solar and green hydrogen project in Western Australia.
The post French giant Total Eren signs on to massive 8GW green hydrogen project in WA appeared first on RenewEconomy.
South Pole eyes acquisitions, expansion after Liechtenstein fund acquires 10% stake
A US ban on kangaroo leather would be an animal welfare disaster – and a missed farming opportunity
Joe Biden to reveal US emissions pledge in key climate crisis moment
President will also call on major economies to join him in bold action at virtual summit of 40 world leaders
Joe Biden faces a key test of his commitment to climate action this week, when he sets out his core plans for tackling the climate crisis and calls on all of the world’s major economies to join him in bold action to slash greenhouse gas emissions in the next ten years.
The US president has made the climate emergency one of his administration’s top priorities, and stated that clean growth must be the route for the US to rebound from the coronavirus crisis.
Continue reading...US, China promise more climate action, leaving Australia further isolated
Australia's tokenistic climate policy looks increasingly isolated after US and China jointly declare they are "firmly committed" to tackling climate change.
The post US, China promise more climate action, leaving Australia further isolated appeared first on RenewEconomy.
AGL led consortium ups offer for Tilt in bid to fend off Canadian rival
AGL-backed consortium ups Tilt Renewables takeover offer to A$2.83 billion, after a rival bid emerges from a Canadian pension fund.
The post AGL led consortium ups offer for Tilt in bid to fend off Canadian rival appeared first on RenewEconomy.
Japan’s pivot to renewables will kick Australian exports right in the thermals
Japan accounts for about one third of Australia's thermal coal and LNG exports, so if it goes green then Australia better have a plan.
The post Japan’s pivot to renewables will kick Australian exports right in the thermals appeared first on RenewEconomy.
Coal financing costs surge as investors opt for renewable energy
Study finds returns must repay four times the payoff from clean energy investment to justify escalating risk
Coal financing costs have surged over the last decade as investors demand returns four times as high as the payoff required from renewable energy projects to justify the risk of investing in fossil fuels, as the world moves towards cleaner energy sources.
A University of Oxford study found that over the same period the cost of investing in renewable energy sources, such as windfarms and solar arrays, has tumbled as the clean energy technologies prove they can be cost-effective and lucrative investments.
Continue reading...Delta flagged early closure of Vales Point coal plant when it rejected federal grant
Delta cancelled coal plant upgrades after being short-changed by Morrison government, and flagged an early closure of Vales Point, documents obtained under FOI show.
The post Delta flagged early closure of Vales Point coal plant when it rejected federal grant appeared first on RenewEconomy.
Microbes are ‘unknown unknowns’ despite being vital to all life, says study
Understanding these tiny organisms could be crucial to tackling threats such as coronavirus, but new research shows how little we know
A new study has highlighted how little is known about microbes – the hidden majority of life on Earth.
Life on the planet relies on an enormous quantity of bacteria, fungi and other tiny organisms. They generate oxygen, keep soils healthy and regulate the climate. Microbes play a crucial role in food production, such as cheese, beer, yoghurt and bread.
Continue reading...NSW coal region councils join forces for huge renewable energy mandate
As the state by-election for Upper Hunter focuses on coal, seven local councils and Hunter Water join forces for huge renewable energy order.
The post NSW coal region councils join forces for huge renewable energy mandate appeared first on RenewEconomy.
Australian miners in $4 billion lithium play to create world’s 5th biggest supplier
The $4 billion merger of Orocobre and Galaxy merger would create the fifth largest pure-play lithium chemicals company in the world.
The post Australian miners in $4 billion lithium play to create world’s 5th biggest supplier appeared first on RenewEconomy.
AGL advances plan to convert Hunter Valley coal mine into huge pumped hydro facility
AGL Energy will progress early works on a plan to convert an upper Hunter coal mine to pumped hydro energy storage, after promising preliminary studies.
The post AGL advances plan to convert Hunter Valley coal mine into huge pumped hydro facility appeared first on RenewEconomy.
Morrison’s $1 bln energy deal with South Australia points to futility of gas recovery
Morrison's latest energy deal will deliver gas that South AUstralia doesn't need any more, but could hasten shift to renewables in that state.
The post Morrison’s $1 bln energy deal with South Australia points to futility of gas recovery appeared first on RenewEconomy.
The 'ghostbusters' who are helping tackle climate change
Attack of the alien invaders: pest plants and animals leave a frightening $1.7 trillion bill
Nasa's Ingenuity Mars helicopter set for first flight
How can NSW allow new coalmines while committing to net zero emissions? It’s bizarre | Richard Denniss
New mines won’t boost world demand for Australian coal — but they will cannibalise jobs from existing coalmines
The New South Wales government is simultaneously committed to a net-zero emissions target for 2050 at the same time as new coalmines in the Hunter Valley with the capacity to produce 10 times more coal than Adani’s Carmichael mine are being proposed by the industry. Welcome to the topsy turvy world of Australian climate policy.
Australia is the third-largest exporter of fossil fuels, behind only Saudi Arabia and Russia. But because of the way that international accounting rules for greenhouse gas emissions work, the emissions from burning the enormous amounts of coal and gas we export do not “count” towards Australia’s emissions. When Australia exports iron ore and coal to be turned into steel, cars and fridges that are sent back to Australia, it’s China that gets blamed for the emissions, not Australia. Cool, huh?
Continue reading...Supermarket ‘bags for life’ must cost more to cut plastic use, urge campaigners
UK’s ‘bag for a week’ habit is no green alternative – rather, it has created more problems for the environment
Green campaigners have urged higher prices for so-called bags for life after dramatic sales increases at some retailers since the ending of sales of single-use plastic carrier bags.
Marks & Spencer sold six times as many bags for life in 2019 as the year before, up from 13.4m to 82.6m, according to figures from Greenpeace and the Environmental Investigation Agency (EIA). Iceland tripled its sales, to 107.3m from 34m the previous year.
Continue reading...