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ARENA-backed energy retailer goes into administration as price surge causes havoc
ARENA-backed energy retailer first to go into administration as surge in electricity prices causes havoc in markets.
The post ARENA-backed energy retailer goes into administration as price surge causes havoc appeared first on RenewEconomy.
Australian carbon prices surge on Labor win, as Bowen holds back ‘greenslide’
The price of Australian carbon offsets jumps after Labor win, even as Chris Bowen seeks to dampen prospects of higher climate targets.
The post Australian carbon prices surge on Labor win, as Bowen holds back ‘greenslide’ appeared first on RenewEconomy.
“Under-prepared on all fronts:” Australian renewables exposed to supply and cost crunch
Major report from global insurer warns of tough road ahead for Australian renewables market feeling effects of supply-chain “long Covid.”
The post “Under-prepared on all fronts:” Australian renewables exposed to supply and cost crunch appeared first on RenewEconomy.
Don't believe the backlash – the benefits of NZ investing more in cycling will far outweigh the costs
CP Daily: Monday May 23, 2022
'Democratic' jackdaws use noise to make decisions
High hopes for baby boom after release of 50 eastern quolls in NSW sanctuary
Largest single release of the endangered animals seeks to grow population that had been completely wiped out from mainland Australia
There are hopes 50 eastern quolls returned to the wilderness in NSW will spark a historic baby boom for the endangered creatures.
It’s the largest single release of the little predators on mainland by conservation organisation Aussie Ark.
Continue reading...Investment fund to launch Australia’s first carbon ETF
New Zealand must get over its obsession with big cars and go smaller or electric to cut emissions
Could hydrogen ease Germany's reliance on Russian gas?
“Liars:” Forrest and Turnbull take aim at fossil fuel hydrogen, set new green hydrogen target
Andrew Forrest and Malcolm Turnbull take aim at fossil fuel hydrogen and CCS as new 100 million a year green hydrogen target set.
The post “Liars:” Forrest and Turnbull take aim at fossil fuel hydrogen, set new green hydrogen target appeared first on RenewEconomy.
US EPA targets next spring for publishing RFS ‘reset’ rule
Virginia green group hits back at Dominion’s “politically motivated” RGGI rate suspension request
The political and media establishment ignored climate – but voters didn’t
Media outlets and big political parties ignored climate change. Will they recognise their mistake, as the issue gets bigger for voters?
The post The political and media establishment ignored climate – but voters didn’t appeared first on RenewEconomy.
Into the ocean twilight zone: how new technology is revealing the secrets of an under-researched undersea world
Sharp cut in methane now could help avoid worst of climate crisis
Focussing on carbon dioxide alone will not keep world within 1.5C limit of global heating, warn scientists
Cutting methane sharply now is crucial, as focusing on carbon dioxide alone will not be enough to keep rising temperatures within livable limits, scientists have warned.
CO2 is the greenhouse gas most responsible for heating the planet, with most of it coming from the burning of fossil fuels. As a result, it has been the major focus of international efforts to prevent climate breakdown.
Continue reading...US prairie conservation offset project wins AAA rating
Path for EU’s MSR carbon sale plan unclear as nations fear revenue loss
Deadly Indian heatwave made 30 times more likely by climate crisis
Soaring temperatures in subcontinent, which have caused widespread suffering, would be extraordinarily rare without global heating
The heatwave scorching India and Pakistan has been made 30 times more likely by the climate crisis, according to scientists. Extreme temperatures and low rainfall since mid-March have caused widespread suffering, including deaths, crop losses, forest fires, and cuts to power and water supplies.
The study is the latest to show the already severe impacts of global heating on millions of people, even though the global average temperature has risen only 1.2C above pre-industrial levels to date. If it rises to 2C, heatwaves as intense as the current one would be expected as often as every five years in India and Pakistan, the scientists estimated.
Continue reading...Supply chain delays and steel costs are part of ‘perfect storm’ stalling renewable energy growth
Covid disruptions in China and rising costs are affecting supplies of solar panels and wind turbine parts, while domestic energy prices climb
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Supply chain delays from China and the soaring cost of steel and other materials are combining to slow the advance of renewable energy in Australia and elsewhere, a leading insurer and industry groups say.
The cost of steel for wind turbine blades had risen by 50% or more since the Covid pandemic’s start, even before Russia’s invasion of Ukraine prompted a scramble to accelerate the switch away from coal, oil and gas to clean energy alternatives, according to GCube, a global insurer of renewables that has recently opened its first Australian office in Sydney.
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