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UK seeks to drill more oil and gas from North Sea
Genex goes it alone for Kidston hydro equity after landing new deal from ARENA
Genex turns to its shareholders to raise $110m needed to build its flagship Kidston pumped hydro project, while ARENA chips in with a new $47m grant.
The post Genex goes it alone for Kidston hydro equity after landing new deal from ARENA appeared first on RenewEconomy.
Catastrophic fires and devastating floods are part of Australia's harsh new climate reality | Michael Mann
Climate change is making wet seasons wetter and dry seasons drier. Australia must do its part to lower carbon emissions
A year ago I lived through the Black Summer. I had arrived in Sydney in mid-December 2019 to collaborate with Australian researchers studying the impacts of climate change on extreme weather events. Instead of studying those events, however, I ended up experiencing them.
Even in the confines of my apartment in Coogee, looking out over the Pacific, I could smell the smoke from the massive bushfires blazing across New South Wales. As I flew to Canberra to participate in a special “bushfires” episode of the ABC show Q+A, I witnessed mountains ablaze with fire. One man I met during my stay lost most of his 180-year-old family farm in the fires that ravaged south-east NSW near Milton.
Continue reading...AGL gives green light to 250MW Torrens big battery in South Australia
AGL gives green light to 250MW Torrens big battery in South AUstralia, although storage will initially be for one hour rather than the four hours originally flagged.
The post AGL gives green light to 250MW Torrens big battery in South Australia appeared first on RenewEconomy.
Europe and US could reach 'peak meat’ in 2025 – report
Fast growth of plant-based alternatives means consumption of conventional meat will start to fall
The fast growth of plant-based alternatives to animal products could mean Europe and North America will reach “peak meat” by 2025, at which point consumption of conventional meat starts to fall, according to a report.
The study also forecasts that plant-based meats will match regular meat on price by 2023 and that nine out of 10 of the world’s favourite dishes – from pepperoni pizza to sushi – will have realistic alternatives by 2035.
Continue reading...CP Daily: Tuesday March 23, 2021
Net zero targets show promise, but many lack substance and short term targets
A global stocktake of net zero targets finds many lack substance and short term ambition, leading to greenwashing and marketing deception.
The post Net zero targets show promise, but many lack substance and short term targets appeared first on RenewEconomy.
EU carbon border levy “can’t neglect least-developed countries”, says IPCC advisor
Yes, Australia is a land of flooding rains. But climate change could be making it worse
California offset investigations sat in limbo after ARB discovered violations, documents show
Washington carbon market bill clears next committee with transportation package requirement
EU Market: EUAs sink back below €42 as virus measures weigh on markets
“Carbon supercycle” to see continued rise of EUA prices, investor buying -analysts
RFS Market: RIN prices execute V-shaped weekend turnaround as bean oil boosts
How a 10-year-old from Wales scored a big win in the war on plastic waste
Skye Neville’s campaign against throwaway toys spurs Waitrose into action
Some campaigns take years, even decades to achieve change. Not for Skye Neville, a 10-year-old from a Welsh seaside town who in November became outraged at the cheap plastic toys that came attached to her favourite magazines.
Four months on, her campaign against throwaway toys has won plaudits from politicians, environmental activists and children’s champions – and has now prompted action from Waitrose, which has vowed to stop selling children’s magazines containing “disposable” toys, crediting Skye with the inspiration.
Continue reading...Even quickly rising carbon prices not sufficient for China to meet climate goals, says investment bank
*Carbon Offset Procurement and Portfolio Manager, Climate Partner – Munich
Covid-19 has shown humanity how close we are to the edge | Toby Ord
To prevent catastrophe, governments must transform our resilience to climate breakdown, AI and engineered pandemics
It is profoundly difficult to grapple with risks whose stakes may include the global collapse of civilisation, or even the extinction of humanity. The pandemic has shattered our illusions of safety and reminded us that despite all the progress made in science and technology, we remain vulnerable to catastrophes that can overturn our entire way of life. These are live possibilities, not mere hypotheses, and our governments will have to confront them.
As Britain emerges from Covid-19, it could find itself at the forefront of the response to future disasters. The government’s recent integrated review, Britain’s taking of the G7 presidency and the Cop26 climate conference, which will be hosted in Glasgow later this year, are all occasions to address global crises. But in order to ensure that the UK really is prepared, we need to first identify the biggest risks that we face in the coming decades.
Continue reading...Tesla says Australia will miss out on Semi electric truck unless road rules changed
Tesla has warned its soon-to-be released Tesla Semi electric trucks will be too wide for Australian roads unless current rules are changed.
The post Tesla says Australia will miss out on Semi electric truck unless road rules changed appeared first on RenewEconomy.
Make it rain: US states embrace 'cloud seeding' to conquer drought
Cloud seeding involves adding small particles of silver iodide to clouds to spur rainfall – but will it work?
With three-quarters of the US west gripped by a seemingly ceaseless drought, several states are increasingly embracing a drastic intervention – the modification of the weather to spur more rainfall.
Related: Climate crisis: recent European droughts 'worst in 2,000 years'
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