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Plenti raises $100m to expand loans for solar and storage

RenewEconomy - Fri, 2020-12-11 13:25

Personal loan provider Plenti raises $100 million to expand the company's solar and storage loans program.

The post Plenti raises $100m to expand loans for solar and storage appeared first on RenewEconomy.

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Global emissions are down by an unprecedented 7% — but don’t start celebrating just yet

The Conversation - Fri, 2020-12-11 13:22
The pandemic, along with other recent trends such as the shift towards clean energy, have placed us at a crossroad: the choices we make today can change the course of global emissions. Pep Canadell, Chief research scientist, Climate Science Centre, CSIRO Oceans and Atmosphere; and Executive Director, Global Carbon Project, CSIRO Corinne Le Quéré, Royal Society Research Professor, University of East Anglia Glen Peters, Research Director, Center for International Climate and Environment Research - Oslo Matthew William Jones, Senior Research Associate, University of East Anglia Philippe Ciais, Directeur de recherche au Laboratoire des science du climat et de l’environnement, Institut Pierre-Simon Laplace, Commissariat à l’énergie atomique et aux énergies alternatives (CEA) Pierre Friedlingstein, Chair, Mathematical Modelling of Climate, University of Exeter Robbie Andrew, Senior Researcher, Center for International Climate and Environment Research - Oslo Rob Jackson, Professor, Department of Earth System Science, and Chair of the Global Carbon Project, Stanford University Licensed as Creative Commons – attribution, no derivatives.
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Independent MP Zali Steggall welcomes positive response to Climate Change Bill

RenewEconomy - Fri, 2020-12-11 12:10

zali steggall parliament house politics climate change bill - optimisedIndependent MP Zali Steggall welcomes positive response to proposed Climate Change Act, designed to break the climate policy deadlock.

The post Independent MP Zali Steggall welcomes positive response to Climate Change Bill appeared first on RenewEconomy.

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Climate change: Covid drives record emissions drop in 2020

BBC - Fri, 2020-12-11 11:16
The world has seen the biggest annual fall in CO2 emissions since World War Two, say researchers.
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Australia’s first grid-scale vanadium flow battery to be built in South Australia

RenewEconomy - Fri, 2020-12-11 10:37

Australia’s first ever utility-scale vanadium flow battery to be built in South Australia to demonstrate the potential for medium duration energy storage.

The post Australia’s first grid-scale vanadium flow battery to be built in South Australia appeared first on RenewEconomy.

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EU leaders struggling to adopt higher 2030 climate target in first day of summit

Carbon Pulse - Fri, 2020-12-11 10:36
The EU’s heads of state and government continue to discuss the increase of the 27-nation bloc emissions reduction target by 2030 well on to the night, as latest draft conclusions have made some concessions to Central and Eastern member states but differences remain.
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Wind, solar and storage still cheapest by far, latest CSIRO GenCost report says

RenewEconomy - Fri, 2020-12-11 10:03

via Canva - solar panels and wind turbine with sunset on the hill concept idea clean energy - optimisedLatest CSIRO GenCost report shows wind and solar still easily cheapest electricity generation - even when storage and network costs added for 90% renewable grid.

The post Wind, solar and storage still cheapest by far, latest CSIRO GenCost report says appeared first on RenewEconomy.

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Rebound in carbon emissions expected in 2021 after fall caused by Covid

The Guardian - Fri, 2020-12-11 10:01

Scientists brand 7% decline a ‘drop in the ocean’ and call on governments to push ahead with structural changes

Greenhouse gas emissions, which plunged by a record amount this year because of the coronavirus pandemic, are set to rebound next year as restrictions are lifted further and governments strive to return their economies to growth, according to a global study.

The UK showed the second biggest fall in emissions globally, down 13% for the year compared with 2019, with only France showing a larger drop, of 15%. The plunge reflects the prolonged and severe lockdowns in both countries, with surface transport particularly affected.

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Paris climate agreement: 54 cities on track to meet targets

The Guardian - Fri, 2020-12-11 10:01

Mayor of Paris praises ‘important milestone’ on fifth anniversary of the landmark agreement

More than 50 of the world’s leading cities are on track to help keep global heating below 1.5C and tackle the worst impacts of the climate crisis, according to a new report.

From mass tree-planting in Buenos Aires to new public transport networks in Mexico City, 54 of the world’s leading cities are now rolling out plans that will cut their greenhouse gas emissions in line with the Paris agreement, according to a new study by the C40 cities network.

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California’s IEMAC says allowance adjustment would boost impact from carbon market

Carbon Pulse - Fri, 2020-12-11 09:07
A California watchdog group reiterated calls for state regulator ARB to address the WCI allowance surplus to encourage future emissions reductions, saying low prices could minimise the linked cap-and-trade scheme’s contribution to hitting the Golden State's 2030 GHG goal.
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NA Markets: California allowances trend towards 2021 floor, as RGGI sees post-auction bump

Carbon Pulse - Fri, 2020-12-11 08:56
California Carbon Allowance (CCA) prices rose toward the 2021 WCI floor price this week with fewer sellers on the secondary market, as RGGI Allowance (RGA) values trended upward after the Q4 auction cleared above traders’ expectations.
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US carrier United Airlines snubs carbon offsets in 2050 net zero pledge

Carbon Pulse - Fri, 2020-12-11 08:08
United Airlines will eschew the use of traditional carbon credits in favour of direct air capture technology and sustainable aviation fuel in reaching CO2 neutrality by mid-century, the Chicago-based company announced Thursday.
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Angus Taylor’s 2020 emissions report: pro gas, anti wind and very weird

RenewEconomy - Fri, 2020-12-11 07:33

angus taylor ungi scott morrison snowy hydro - optimisedMore gas, less wind and less big solar: The electricity numbers in Taylor's emissions roadmap make no sense. But that's not the only weird part of this report.

The post Angus Taylor’s 2020 emissions report: pro gas, anti wind and very weird appeared first on RenewEconomy.

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Switzerland’s Paris pledge curbs offset reliance, targets imports

Carbon Pulse - Fri, 2020-12-11 07:14
Switzerland’s revised NDC is set to curb the country’s reliance on international credits, but intends to use flight ticket tax revenues to help compensate for emissions linked to fossil fuel imports.
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Carbon & Compliance Consultant, Engie UK & Ireland – London

Carbon Pulse - Fri, 2020-12-11 07:02
ENGIE are recruiting for a Carbon and Compliance Consultant to be based in Canary Wharf, London. As an integral part of a carbon and compliance team, this position will be working on numerous client contracts to ensure compliance with energy audits and reporting.
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'Dog kennel' satellite returns first ocean observations

BBC - Fri, 2020-12-11 04:27
The new Sentinel satellite to track global sea-level rise is in excellent shape, say space officials.
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RFS Market: RIN prices edge down from recent highs, while biofuel groups sue over waivers

Carbon Pulse - Fri, 2020-12-11 03:59
US biofuel credit (RIN) prices mostly trended down this week from multi-year highs, while a coalition of agriculture and biofuel groups challenged the EPA’s granting of several dozen Renewable Fuel Standard (RFS) compliance waivers for 2018.
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Greta Thunberg dismisses 'empty words' in new climate crisis appeal – video

The Guardian - Fri, 2020-12-11 03:48

Greta Thunberg has warned the world is failing to tackle the climate emergency and is in a ‘state of complete denial’ nearly five years after the Paris agreement.

Thunberg, 17, whose solo school strike in 2018 snowballed into a global youth movement, spoke out ahead of a UN event at which national leaders have been asked to increase their pledges on emissions cuts.

In a video shared exclusively with the Guardian, she calls on leaders to account for failing to reverse rising carbon emissions, but concluded: ‘There is hope … we are the hope – we, the people’

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Greta Thunberg: 'We are speeding in the wrong direction' on climate crisis

The Guardian - Fri, 2020-12-11 03:47

Exclusive: Climate striker speaks before UN event marking five years since the Paris accord

The world is speeding in the wrong direction in tackling the climate emergency, Greta Thunberg has said, before a UN event at which national leaders have been asked to increase their pledges for emissions cuts.

Thunberg, whose solo school strike in 2018 has snowballed into a global youth movement, said there was a state of complete denial when it came to the immediate action needed, with leaders giving only distant promises and empty words.

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EU Market: Bullish factors vault EUAs to 3-mth high near €31, with record peaks in sight

Carbon Pulse - Fri, 2020-12-11 01:36
European carbon prices jumped to a three-month high on Thursday on the back of rising energy prices, a looming supply shortage, and optimism surrounding efforts to adopt stronger EU climate targets, with EUAs now within sight of this summer's 14-year high as well as their all-time peak.
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