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Australia Market Roundup: Govt protests EU CBAM move, while offset issuances fall back to average levels

Carbon Pulse - Thu, 2021-07-15 20:15
Australian Trade Minister Dan Tehan on Thursday accused the EU of “imposing its views and its ways” on other nations through its carbon border adjustment mechanism (CBAM) proposal, while new offset issuance levels this week declined to long-term average levels after last week’s bump.
Categories: Around The Web

UPDATE – China confirms national ETS launch on July 16

Carbon Pulse - Thu, 2021-07-15 20:09
The Shanghai Environment and Energy Exchange confirmed Thursday afternoon that China's much-anticipated national emissions trading scheme, set to become the world’s biggest carbon market, will launch Friday after a three-week delay.
Categories: Around The Web

Explainer: How offshore floating wind farms work

RenewEconomy - Thu, 2021-07-15 20:00

Floating offshore wind farms are becoming a commercial technology, but there are still technical challenges that need to be solved.

The post Explainer: How offshore floating wind farms work appeared first on RenewEconomy.

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National Food Strategy: Tax sugar and salt and prescribe veg, report says

BBC - Thu, 2021-07-15 18:34
Historic reforms of the food system are needed to protect the NHS and the environment, a review finds.
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Climate change: 'No more excuses' at COP26 climate summit - poor nations

BBC - Thu, 2021-07-15 17:41
More than 100 developing countries set out key demands ahead of the climate summit in Glasgow.
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The UK won’t meet its ambitious climate goals by making spending cuts | Larry Elliott

The Guardian - Thu, 2021-07-15 16:00

Boris Johnson may talk a good game on the climate crisis, but ordinary people need financial support to make changes

There are many reasons why the government’s decision to cut the aid budget is dumb. High among them is the failure to see the link between poverty and climate change. If you want to convince people of the need to save the planet, it is a good idea to make sure first that they are not going hungry, have access to running water and can put their children through school.

The link between social justice and the green agenda applies domestically as well. Millions of people in Britain count the pennies each week because they are struggling to get by. Exhorting them to change their lifestyles or pay more to heat their homes is not enough. If the government is to meet its ambitious targets people who are less well-off are going to need plenty of help, but as things stand they are not getting it.

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Former Rio Tinto exec joins ARENA board, CEO Miller gets three more years

RenewEconomy - Thu, 2021-07-15 15:32

Nishi Building ARENA board appointment offices - optimisedARENA CEO Darren Miller reappointed for another three years, as Taylor names former Rio Tinto executive to the board.

The post Former Rio Tinto exec joins ARENA board, CEO Miller gets three more years appeared first on RenewEconomy.

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Pitt labels AEMO’s 100pct renewables prediction “absolute nonsense”

RenewEconomy - Thu, 2021-07-15 15:06

Keith Pitt coal power clean carbon capture and storage - optimisedAEMO's plan to make the grid ready for 100 pct renewables by 2025 has not gone down well with the federal Coalition government.

The post Pitt labels AEMO’s 100pct renewables prediction “absolute nonsense” appeared first on RenewEconomy.

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Andrew Bray and Goldwind among winners of CEC clean energy industry awards

RenewEconomy - Thu, 2021-07-15 15:02

The 2021 Clean Energy Council Award winners announced today shine a spotlight on the leaders of the Australian renewable energy industry and reward the organisations’ contribution to furthering the development of clean energy in Australia.

The post Andrew Bray and Goldwind among winners of CEC clean energy industry awards appeared first on RenewEconomy.

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Move faster to cut emissions, developing world tells rich nations

The Guardian - Thu, 2021-07-15 15:00

More than 100 poorer nation governments demand action from rich world before Cop26 climate talks

Rich countries must move faster to cut greenhouse gas emissions and provide financial assistance to their less wealthy counterparts to cope with the climate crisis, governments from the developing world have said.

Poor nations have been frustrated with the slow progress at the recent G7 leaders’ summit and meetings of the G20 group of major economies.

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China June thermal power generation up 10.1% YoY

Carbon Pulse - Thu, 2021-07-15 14:34
China’s thermal power generation in June was up by 10.1% from a year ago, while power generation was up by 7.4%, official data showed Thursday, as the nation’s carbon-intensive COVID-19 recovery continued.
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“Fossil fuel economy has reached its limits”: EU to slash emissions and drag Australia with it

RenewEconomy - Thu, 2021-07-15 13:38

European Commission President Ursula von der Leyen, center, and European Commissioner for European Green Deal Frans Timmermans, left, speak during a media conference at EU headquarters in Brussels. (AP Photo/Valeria Mongelli)Australian exporters to the EU face prospect of $80+ tonne carbon price under an ambitious EU plan to halve emissions by 2030.

The post “Fossil fuel economy has reached its limits”: EU to slash emissions and drag Australia with it appeared first on RenewEconomy.

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From coal to inverters, AEMO’s engineering vision is ambitious and necessary

RenewEconomy - Thu, 2021-07-15 13:15

This is AEMO’s sunshot - an ambitious plan to develop and deploy the systems and technologies that will make 100 per cent renewables happen.

The post From coal to inverters, AEMO’s engineering vision is ambitious and necessary appeared first on RenewEconomy.

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Breakthrough! AEMO acknowledges energy transition needs social licence

RenewEconomy - Thu, 2021-07-15 12:59

The vast majority of Australians are yet to engage with or be exposed to new ways of thinking about and using energy.

The post Breakthrough! AEMO acknowledges energy transition needs social licence appeared first on RenewEconomy.

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CP Daily: Wednesday July 14, 2021

Carbon Pulse - Thu, 2021-07-15 09:07
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

Food strategy for England calls for big cut in meat consumption

The Guardian - Thu, 2021-07-15 09:01

The government-commissioned review lays out the damage our diet and farming system wreaks on the environment

The new food strategy for England, commissioned by the government, lays out in stark detail the damage the current food and farming system wreaks on the environment, as well as our health. It is the biggest destroyer of nature and a major source of climate warming, it says.

The report takes aim at overconsumption of meat. “Our current appetite for meat is unsustainable,” it says. “85% of farmland is used to feed livestock [and] we need some of that land back.”

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Australia’s biggest emitter and coal generator says its customers are “strong green”

RenewEconomy - Thu, 2021-07-15 08:26

AGL's next CEO says energy policy should be guided by customers – and says one-third of the coal generator's customers are "strong green."

The post Australia’s biggest emitter and coal generator says its customers are “strong green” appeared first on RenewEconomy.

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Climate denial still features in fossil fuel-funded education materials

RenewEconomy - Thu, 2021-07-15 08:16

The fossil fuel industry has long used its influence on education to downplay climate threats. It's getting worse, and is even turning up at Questacon.

The post Climate denial still features in fossil fuel-funded education materials appeared first on RenewEconomy.

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Nasa zeroes in on cause of Hubble's trouble

BBC - Thu, 2021-07-15 07:42
A possible cause is identified for the Hubble telescope's worst glitch in years.
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California offset issuance jumps to six-month high with new forestry project

Carbon Pulse - Thu, 2021-07-15 07:08
California regulator ARB distributed the largest volume of compliance offsets since December this week as a new forestry initiative took home the vast majority of the new credits, according to agency data published Wednesday.
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