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South Pole teams up with community group to develop Australian offsets
China hopes to open ETS door to financials before year-end -exchange
EU CBAM to have marginal impact on Australian exports, but could offer opportunities -report
ETS could cut 30-60% of China’s emissions over time, report finds
Global water crisis will intensify with climate breakdown, says report
Flooding, droughts and wildfires will worsen as global heating disrupts the planet’s water cycle
Water problems – drought, with its accompanying wildfires, and flooding – are likely to become much worse around the world as climate breakdown takes hold, according to the biggest assessment of climate science to date.
Global heating of at least 1.5C is likely to happen within the next two decades, according to the Intergovernmental Panel on Climate Change. Temperature rises will be accompanied by big changes in the planet’s water cycle, with areas that are already wet becoming much wetter, and already arid areas becoming prone to greater drought. Extreme rainfall intensifies by 7% for each additional 1C of global heating, the report found.
Continue reading...Spring is in the air as Australia’s main grid sets record low for winter demand
Mild conditions deliver a new winter demand "low" on Sunday, the new, rooftop solar inspired bête noire for the market operator.
The post Spring is in the air as Australia’s main grid sets record low for winter demand appeared first on RenewEconomy.
Big Pharma rides vaccine boost with switch to 100 per cent renewables
"Big Pharma" is enjoying a much-needed reputational boost off the back of Covid-19 vaccines, and it is now dosing up on climate action and renewable energy.
The post Big Pharma rides vaccine boost with switch to 100 per cent renewables appeared first on RenewEconomy.
Shipping blues: Solar PV price crunch drives shift to lower-cost suppliers
Australia’s solar market is seeing a significant shake-up of top-selling inverter and panel brands, as retailers struggle against multiple pricing pressure points.
The post Shipping blues: Solar PV price crunch drives shift to lower-cost suppliers appeared first on RenewEconomy.
Mallorca marine reserve boosts wildlife as well as business, report finds
Protected area delivered a tenfold return on investment, with benefits for fishing, biodiversity and tourism
A marine protection area established off the coast of Mallorca is proving beneficial not just for the environment but for business, too, according to a study that appears to confirm the long-term benefits of MPAs for both habitats and economies.
According to the study, carried out by the non-profit Marilles Foundation, the protected area has generated €10 in benefits for each euro of the €473,137 (£402,000) invested in the scheme.
Continue reading...Net zero pledges, not border taxes, are biggest threat to Australia’s fossil fuel exports
Key business group plays down threat of carbon border adjustment mechanisms, but warns net zero pledges will slash demand for Australian coal and gas.
The post Net zero pledges, not border taxes, are biggest threat to Australia’s fossil fuel exports appeared first on RenewEconomy.
Santos counts on $70/tonne carbon price for flagship CCS project
Santos says its flagship CCS project needs a carbon price, and it is counting on a $70/tonne price by 2030.
The post Santos counts on $70/tonne carbon price for flagship CCS project appeared first on RenewEconomy.
“Failure not an option”: Kean wants voters to send message to leaders failing on climate
"Get on with it, or to get out of the way." NSW energy minister Matt Kean warns LNP leaders to act on climate change, or risk getting voted out.
The post “Failure not an option”: Kean wants voters to send message to leaders failing on climate appeared first on RenewEconomy.
Australia is at risk of taking the wrong tack at the Glasgow climate talks, and slamming China is only part of it
Hydrogen power offers jobs boost, says government
CP Daily: Monday August 16, 2021
Images show decline of California's 'life source'
UK unveils hydrogen strategy, putting CCS-based output on par with renewables
Millions of UK homes could be heated with hydrogen by 2030
Government sets out plan for low-carbon economy that could also create thousands of jobs
About 3 million households in the UK could begin using low-carbon hydrogen to heat their homes and cook rather than fossil fuel gas under government proposals to attract at least £4bn of investment to the hydrogen economy by 2030.
The government has published its long-awaited plans for a UK-wide hydrogen economy, which it says could be worth £900m and create more than 9,000 high-quality jobs by the end of the decade, rising to £13bn and 100,000 new jobs by 2050.
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