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Greed trumps climate as Origin bid voted down by dividend hungry shareholders

RenewEconomy - Mon, 2023-12-04 13:49

CSIRO_ScienceImage_9227_Eraring_Power_StationBrookfield's bold bid for Origin Energy and its plans to spend $30 billion on new wind, solar and storage voted down by shareholders more interested in dividends than climate changes and green energy.

The post Greed trumps climate as Origin bid voted down by dividend hungry shareholders appeared first on RenewEconomy.

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Rio Tinto plans new solar, battery project for its newest Weipa bauxite mine

RenewEconomy - Mon, 2023-12-04 11:46

A 12 MW solar and 8.8 MW/2.1 MWh battery will power Rio Tinto's new mine near Weipa and reduce diesel energy consumption by a third.

The post Rio Tinto plans new solar, battery project for its newest Weipa bauxite mine appeared first on RenewEconomy.

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Rooftop solar installs smash record as households turn to bigger systems, put pressure on coal

RenewEconomy - Mon, 2023-12-04 11:39

rooftop solar Western AustraliaRooftop solar installs smash monthly records in November, as system sizes reach nearly 10kW and the coal industry faces another big bite out of its midday market lunch.

The post Rooftop solar installs smash record as households turn to bigger systems, put pressure on coal appeared first on RenewEconomy.

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Fossil fuel giants play home ground advantage as climate COP despairs about 1.5°C

RenewEconomy - Mon, 2023-12-04 11:28

COP host says abandoning fossil fuels will send us back to caves, Exxon flies in to boost CCS, NZ does a back flip on oil and gas exploration, and Forrest's green ammonia push blocked at the port.

The post Fossil fuel giants play home ground advantage as climate COP despairs about 1.5°C appeared first on RenewEconomy.

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Record number of girls on Borders College farming course

BBC - Mon, 2023-12-04 10:14
A record number of female students have started an agriculture course at Borders College.
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How weather apps are trying to be more accurate

BBC - Mon, 2023-12-04 10:12
Forecasters are continuing to offer more real-time updates and personalised recommendations.
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Time to bring hydrogen hype down to earth and focus on three possible industries

RenewEconomy - Mon, 2023-12-04 08:36

Meridian green hydrogenForget about cars and homes, Australia's hydrogen strategy should focus on ammonia manufacturing, high-temperature alumina processing, and green iron production.

The post Time to bring hydrogen hype down to earth and focus on three possible industries appeared first on RenewEconomy.

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A home among the gum trees: will the Great Koala National Park actually save koalas?

The Conversation - Mon, 2023-12-04 08:34
For the proposed Great Koala National Park to actually help koalas, logging should stop and plantations should be added to the park. Tim Cadman, Adjunct Senior Research Fellow with the Law Futures Centre and the Institute for Ethics, Governance and Law, Griffith University Danielle Clode, Associate Professor (adjunct) in Creative Writing, Flinders University Licensed as Creative Commons – attribution, no derivatives.
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CP Daily: Sunday December 3, 2023 – COP28 Sunday Funday

Carbon Pulse - Mon, 2023-12-04 08:29
It's Sunday night in Dubai and - you guessed it - today was another news-packed day at COP28. Without further ado, here's what Carbon Pulse's 11 reporters currently on the ground in the UAE were writing about during the summit's fourth day.
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COP28: Global securities watchdog group proposes suite of good practices for voluntary carbon markets

Carbon Pulse - Mon, 2023-12-04 08:10
A global group of securities regulators has taken steps to address challenges and vulnerabilities in voluntary carbon markets (VCMs), focusing on strengthening market integrity, transparency, and reliability by proposing a suite of good practices.
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Hyped and expensive, hydrogen has a place in Australia’s energy transition, but only with urgent government support

The Conversation - Mon, 2023-12-04 05:16
Australian governments have invested a lot of hope in hydrogen to help drive the net zero transition, but concrete policies are urgently needed or we will lose our hydrogen advantage to other nations. Alison Reeve, Deputy Program Director, Energy and Climate Change, Grattan Institute Licensed as Creative Commons – attribution, no derivatives.
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The Guardian view on a non-proliferation treaty: fossil fuels are weapons of mass destruction | Editorial

The Guardian - Mon, 2023-12-04 04:30

The planet faces an existential threat if we do not transition from the current extractive model of growth to a low-carbon economy

Colombia’s economy is dependent on fossil fuels, which account for about half of its exports. But at the UN climate summit this weekend, Gustavo Petro, the country’s president, committed to stop the expansion of coal, oil and gas exploitation and reorient his nation away from such “poisons”. Colombia is the first big economy to endorse a fossil fuel non-proliferation treaty. This is a sensible, globally significant step – which raises the question of why other carbon-exporting OECD members, such as Britain, shouldn’t follow suit.

What is crazy is that governments plan to produce more than double the amount of fossil fuels in 2030 that is consistent with a “safe” global temperature rise of 1.5C. The paradox the treaty seeks to address is that the Paris agreement does not mention the fossil fuels responsible for global heating. But a handful of nations could show how phasing out fossil fuels can lead to sustainable green development and rebut the absurd denialism of Sultan Al Jaber, the oil boss and Cop28 president. There are precedents: the 1997 mine ban treaty began with few backers, but was later ratified by 164 countries.

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COP28: Republic of Congo punts for Article 6 over voluntary carbon, developing roadmap towards readiness

Carbon Pulse - Mon, 2023-12-04 03:06
The Republic of Congo plans to develop sovereign carbon credits for sale under the Paris Agreement's Article 6, opting to shun the "climate injustice" of the voluntary market as well as REDD+ programmes, the minister of environment told Carbon Pulse at COP28, though it is not clear under which standard the units would be issued.
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PREVIEW: NZ ETS auction expected to decline creating strong market conditions for 2024

Carbon Pulse - Mon, 2023-12-04 03:00
New Zealand market participants once again expect the December ETS auction will fail to clear due to lack of demand, creating positive market fundamentals going into the new year.
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Director, Africa Origination & Deal Lead, Conservation International – Nairobi/Cape Town/Johannesburg

Carbon Pulse - Mon, 2023-12-04 02:23
Conservation International is looking for a self-determined and motivated candidate who is able to navigate complex environments in various countries within Africa. This position will be the lead for carbon transactions, both on the “upstream” origination side, as well as the “downstream” commercial side.
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London’s biggest minicab firm Addison Lee makes emissions U-turn

The Guardian - Mon, 2023-12-04 01:30

Lack of public chargers blamed for decision to be only ‘zero-emissions capable’ by April 2024

London’s biggest minicab company has U-turned on plans for all its cars to produce zero emissions this year, blaming a lack of public chargers in the capital.

Addison Lee said it had spent £30m on new Volkswagen Multivans, plug-in hybrid electric vehicles (PHEVs), which combine a small battery with a polluting internal combustion engine, and admitted that the switch to electric cars had been harder than it had expected.

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COP28: Agriculture carbon projects to be added to Japan’s JCM, official says

Carbon Pulse - Mon, 2023-12-04 01:14
Japan is preparing to expand the scope of the bilateral Joint Crediting Mechanism (JCM) to cover overseas agricultural projects, a panel heard Sunday.
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COP28: Nigeria to fast-track national carbon market strategy via new committee

Carbon Pulse - Mon, 2023-12-04 00:31
President Bola Tinubu of Nigeria outlined plans to accelerate the country's carbon market with the launch of a draft plan for the new committee to include an emissions trading scheme, carbon registry, and a framework for the development of carbon credits for the voluntary carbon market at COP28 in Dubai, amid several months of stalled agreements regarding a national strategy.
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Cop28 officials fail to clarify whether protesters will be safe in Dubai

The Guardian - Mon, 2023-12-04 00:00

Thousands of activists to attend conference in UAE which has a poor record for demonstrations

Cop28 organisers and the UN body that oversees the annual climate conference have failed to clarify whether activists who travel to Dubai are safe to demonstrate outside the conference area, putting civil society at risk in a country where protest is normally prohibited.

At least 70,000 people are registered to attend the conference, including thousands of activists and members of civil society, who normally hold protests around the conference area.

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COP28: Gore highlights shortfalls in methane pledge, urges use of global inventory to monitor progress

Carbon Pulse - Sun, 2023-12-03 22:44
Al Gore emphasised the importance of Saturday's methane pledge by almost 50 oil and gas companies to work towards near zero methane emissions, while highlighting glaring gaps in the announcement due to the absence of some of the world’s highest emitting companies and countries, during a plenary session at COP28.
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