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UK government updates on business plans for GHG removals and bioenergy with carbon capture

Carbon Pulse - Wed, 2023-12-20 23:11
The UK government on Wednesday published updates on its plans for greenhouse gas removals and bioenergy with carbon capture, as part of the country’s measures to meet a legally-binding commitment to reach net zero emissions by 2050.
Categories: Around The Web

CSIRO says wind and solar much cheaper than nuclear, even with added integration costs

RenewEconomy - Wed, 2023-12-20 23:04

CSIRO's GenCost report updated to include near term transmission costs for wind and solar, and finds that the case for nuclear has been blown out of the water by the collapse of US SMR project.

The post CSIRO says wind and solar much cheaper than nuclear, even with added integration costs appeared first on RenewEconomy.

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Euro Markets: Midday Update

Carbon Pulse - Wed, 2023-12-20 22:37
European carbon made robust gains early in the session as energy prices rallied after Tuesday's sell-off, though EUA volume was light as the holiday slowdown began in earnest, while exchange data showed that investment funds had reduced their net short position last week for only the second time since mid-October.
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MSCI launches nature framework to demystify metrics

Carbon Pulse - Wed, 2023-12-20 22:15
MSCI ESG Research has launched a nature framework with a checklist  to help investors start identifying which metrics to consider, to incorporate biodiversity into the investment process.
Categories: Around The Web

UK launches plans to set up competitive carbon capture market by 2035

Carbon Pulse - Wed, 2023-12-20 22:02
The UK government intends to launch a new domestic carbon capture, usage and storage (CCUS) market by 2035, it announced on Wednesday, furthering support for the process towards its aim of storing 20-30 million tonnes of CO2 a year by 2030.
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Six of “world’s largest” green hydrogen projects shortlisted for headstart funding

RenewEconomy - Wed, 2023-12-20 21:30

Six projects totalling more than 3.5GW of hydrogen electrolyser capacity shortlisted for Australia's Hydrogen Headstart program, but Fortescue projects a notable absentee.

The post Six of “world’s largest” green hydrogen projects shortlisted for headstart funding appeared first on RenewEconomy.

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Indian government updates draft carbon market rules to include voluntary carbon markets

Carbon Pulse - Wed, 2023-12-20 20:50
The Indian government has released an updated carbon market regulations draft, making amendments to its existing rules to include voluntary carbon markets under the ambit.
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CP Daily: Tuesday December 19, 2023

Carbon Pulse - Wed, 2023-12-20 13:50
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

Carbon in, carbon out: Australia's 'carbon budget' assessment reveals astonishing boom and bust cycles

The Conversation - Wed, 2023-12-20 13:17
The most comprehensive Australian carbon budget assessment completed to date shows the nation flip-flops from source to sink of carbon emissions, depending on the prevailing conditions. Yohanna Villalobos, Postdoctoral research fellow, Lund University Benjamin Smith, Director of Research, Hawkesbury Institute for the Environment, Western Sydney University Pep Canadell, Chief Research Scientist, CSIRO Environment; Executive Director, Global Carbon Project, CSIRO Peter Briggs, Scientific Programmer and Data Analyst, CSIRO Licensed as Creative Commons – attribution, no derivatives.
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Argentina carbon exchange announcement is fake news, says market operator reported to be involved

Carbon Pulse - Wed, 2023-12-20 12:43
A new carbon trading exchange is allegedly being launched in Argentina, according to multiple media sources, but one of the companies reported to be involved says it’s fake news.
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ARB lays out increased CI reduction targets in its proposed LCFS amendments

Carbon Pulse - Wed, 2023-12-20 12:39
California regulator ARB on Tuesday published a preliminary Low Carbon Fuel Standard (LCFS) regulatory proposal with amendments to the carbon intensity reduction benchmarks, exemption for intrastate fossil jet fuel, and phaseout pathways for avoided methane crediting featuring among other measures to tighten the programme.
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“Prudent and efficient:” Regulator gives green light to make Marinus Link a reality

RenewEconomy - Wed, 2023-12-20 12:27

Plans to build a new sub-sea transmission link between Tasmania and the mainland all but locked in after a revenue proposal for early works given green light by the regulator.

The post “Prudent and efficient:” Regulator gives green light to make Marinus Link a reality appeared first on RenewEconomy.

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NSW wants to put a battery on an old landfill site to replace shuttered gas plant

RenewEconomy - Wed, 2023-12-20 12:24

NSW government entities are proving keen on sharing land with renewables projects.

The post NSW wants to put a battery on an old landfill site to replace shuttered gas plant appeared first on RenewEconomy.

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Australia’s richest person says solar panels are an eyesore: Here’s why that matters

RenewEconomy - Wed, 2023-12-20 12:17

AFR's choice of business heroes - mostly those who have fought quick action on net zero - underlines the tough road ahead for the green energy transition.

The post Australia’s richest person says solar panels are an eyesore: Here’s why that matters appeared first on RenewEconomy.

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Energy Insiders Podcast: AEMO’s blueprint for wind, solar and storage

RenewEconomy - Wed, 2023-12-20 12:14

Energy Insiders podcastAEMO’s head of system design Merryn York on the draft 2024 Integrated System Plan. Plus: The big NSW tender, and battery storage everywhere. And a few tips for 2024.

The post Energy Insiders Podcast: AEMO’s blueprint for wind, solar and storage appeared first on RenewEconomy.

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NSW doubles size of Australia’s first renewable energy zone, appoints operator

RenewEconomy - Wed, 2023-12-20 11:40

wind farm concrete pourNSW confirms the first renewable energy zone will be doubled in size to ensure enough wind, solar and storage can be delivered to replace coal.

The post NSW doubles size of Australia’s first renewable energy zone, appoints operator appeared first on RenewEconomy.

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New Forests raises A$450 mln from Australian, European investors for carbon forestry fund

Carbon Pulse - Wed, 2023-12-20 10:28
Australian headquartered New Forests has closed its Australia New Zealand Landscapes and Forestry Fund, after raising some A$450 million ($304 mln) from institutional investors, it announced Wednesday.
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Flowers ‘giving up’ on scarce insects and evolving to self-pollinate, say scientists

The Guardian - Wed, 2023-12-20 10:01

French wild pansies are producing smaller flowers and less nectar than 20 to 30 years ago in ‘startling’ act of evolution, study shows

Flowers are “giving up on” pollinators and evolving to be less attractive to them as insect numbers decline, researchers have said.

A study has found the flowers of field pansies growing near Paris are 10% smaller and produce 20% less nectar than flowers growing in the same fields 20 to 30 years ago. They are also less frequently visited by insects.

Continue reading...
Categories: Around The Web

COMMENT: The Voluntary Carbon Market is Reawakening – Let’s Make 2024 A Year of Action

Carbon Pulse - Wed, 2023-12-20 09:45
This year, the American Forest Foundation attended its second Conference of Parties, COP28, held in Dubai. While many things came out of COP28, and perhaps even more hoped-for things did NOT come out of COP28, one incredibly important outcome concerned the voluntary carbon market’s role in the global struggle against climate change. 
Categories: Around The Web

US DOE dishes out $46 million more for CCS, announces semi-finalists for DAC award

Carbon Pulse - Wed, 2023-12-20 09:34
The US Department of Energy (DOE) continued its streak of heavy investment in emissions cuts, announcing Tuesday $45.6 million in investments in carbon capture, transport, and storage, as well as semi-finalists for an award of $1 mln in direct air capture (DAC) development.
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