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AGL says Brookfield has quietly upped shareholding, reviving takeover speculation

RenewEconomy - Thu, 2022-06-30 12:26

An electric vehicle with AGL BrandingAGL reveals that Canadian investment giant Brookfield quietly increased its stake in the energy company, reviving takeover speculation.

The post AGL says Brookfield has quietly upped shareholding, reviving takeover speculation appeared first on RenewEconomy.

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Net zero nuance: commentary on decarbonising the grid misses the mark on batteries and nuclear | Temperature Check

The Guardian - Thu, 2022-06-30 11:16

One claim from the past week is based on a nuclear plant that hasn’t been built and another confuses the role of battery storage

Commentary on decarbonising Australia’s electricity network seems to be heading towards net zero nuance, with questionable claims about the costs of batteries and nuclear power in the past week.

One claim relies on an estimate of the cost of a multibillion-dollar nuclear plant that doesn’t exist yet, and another puts a multitrillion-dollar figure against the cost of building batteries.

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New map of ancient trees an opportunity for conservation

BBC - Thu, 2022-06-30 10:45
A new tree-map suggests there could be around two million unrecorded ancient trees in England.
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Australia is becoming a global hotbed for climate change lawsuits

RenewEconomy - Thu, 2022-06-30 09:01

 James Zadro/Greenpeace).New research shows Australia ranks as one of the most litigious on climate change, as the number of lawsuits launched globally continues to surge.

The post Australia is becoming a global hotbed for climate change lawsuits appeared first on RenewEconomy.

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Court denies Constellation, green groups’ intervention in PA RGGI injunction

Carbon Pulse - Thu, 2022-06-30 08:39
Pennsylvania's Commonwealth Court denied Constellation Energy and green groups the opportunity to intervene in the ongoing case against the state's rulemaking to join the 11-state cap-and-trade programme, according to court documents filed on Tuesday.
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Hear me out – we could use the varroa mite to wipe out feral honey bees, and help Australia's environment

The Conversation - Thu, 2022-06-30 05:55
The varroa mite’s arrival in Australia was only a matter of time. We could benefit from one pest fighting another. Patrick O'Connor, Associate Professor, University of Adelaide Licensed as Creative Commons – attribution, no derivatives.
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Australia can help ensure the biggest mine in PNG's history won't leave a toxic legacy

The Conversation - Thu, 2022-06-30 05:55
The project threatens catastrophic harm to one of the world’s most important river systems, and the people who depend on it. Michael Main, Visiting Scholar, Australian National University Licensed as Creative Commons – attribution, no derivatives.
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Miner Anglo American invests in African waste firm Sanergy, eyeing carbon credits

Carbon Pulse - Thu, 2022-06-30 05:15
Diversified miner Anglo American has agreed to lead the latest investment round of Sanergy, an organic waste business with operations in Kenya that is eyeing carbon finance to help generate high value agriculture and energy products.
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ANALYSIS: European electricity reform could boost affordability, avoid carbon costs

Carbon Pulse - Thu, 2022-06-30 03:21
European nations are to overhaul their power markets in a scramble to curb consumer costs and boost energy security while keeping climate goals intact. Renewable-friendly market design that avoids carbon costs is increasingly seen as delivering on all three objectives.
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Indigo Ag to offer carbon credits at $40/t through new soil protocol

Carbon Pulse - Thu, 2022-06-30 02:31
US offset developer and farm technology firm Indigo Ag announced on Wednesday a carbon credit offering from enriched agriculture soil projects, verified under a new “soil enrichment” protocol.
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Coal may exit Australia’s grid a lot quicker than most people think

RenewEconomy - Thu, 2022-06-30 00:30

 Greenspot/Liberty Industrial).AEMO roadmap still assumes all brown coal generation gone by 2032, but future roadmaps may point to black coal generators closing around the same time.

The post Coal may exit Australia’s grid a lot quicker than most people think appeared first on RenewEconomy.

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Wind and solar facing 20 per cent curtailment in high renewables grid

RenewEconomy - Thu, 2022-06-30 00:10

Wind and solar face curtailment rates of up to 20 per cent in a high renewables grid, because it may no longer be economic to store excess power.

The post Wind and solar facing 20 per cent curtailment in high renewables grid appeared first on RenewEconomy.

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“Rapid and irreversible:” AEMO says energy crisis is accelerating switch to renewables

RenewEconomy - Thu, 2022-06-30 00:01

AEMO says the energy chaos is likely to accelerate the switch to renewables, but the scale of the transition is immense, and the need to act is urgent.

The post “Rapid and irreversible:” AEMO says energy crisis is accelerating switch to renewables appeared first on RenewEconomy.

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Research lays out potential futures of Australia’s Safeguard Mechanism

Carbon Pulse - Thu, 2022-06-30 00:00
Polluting facilities covered by Australia’s Safeguard Mechanism (SM) will have to cut emissions by 170 MtCO2e between now and 2030 in order to align with a net zero emissions trajectory by 2050, according to research laying out the ways the policy could be designed. 
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Euro Markets: Midday Update

Carbon Pulse - Wed, 2022-06-29 22:31
EUA prices rose to their highest in more than a month early on Wednesday as traders followed a technical breakout, while some continued to hedge forward power generation as energy prices continued to advance amid ongoing supply worries.
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Children aren’t the future: where have all the young climate activists gone? | Eleanor Salter

The Guardian - Wed, 2022-06-29 22:00

To avoid ‘youth-washing’ politicians and corporations, young people now are more likely to coalesce around radical policies or campaigns

Between 2016 and 2020, children were the vital force at the centre of the climate movement. Youth strikers organised record-breaking mass mobilisations and protests between geography and double maths. In the US, young people from the Sunrise Movement occupied Nancy Pelosi’s office demanding climate action. Youth activists got extraordinary media attention, invitations to speak at climate summits, and to address the UN. Teenagers such as Vanessa Nakate and Greta Thunberg became household names; both of them appeared on the cover of Time magazine, the latter as person of the year in 2019.

This coincided with a moment in climate politics that was awash with ideas around children, the future, and intergenerational justice. Extinction Rebellion activists used the next generation as a proxy for the future: climate action in the present was a moral necessity for our children and grandchildren. Politicians also adopted this framing. At the same time, young people were taking matters into their own hands. For a time, it seemed that a climate movement was emerging in which children acted simultaneously as the spark, inspiration and energy. This wave seemed unstoppable.

Eleanor Salter writes about climate, culture and politics

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New NZ voluntary offset product paused just a day after launch

Carbon Pulse - Wed, 2022-06-29 21:17
A company that launched a new voluntary carbon credit on Tuesday paused trading and new issuances on Wednesday amid questions regarding the additionality of the units.
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Japan’s GX League pilot run takes shape as bigger questions loom for the longer term

Carbon Pulse - Wed, 2022-06-29 20:45
Japan has begun recruiting participants to the trial run for its voluntary carbon market with test trading slated to begin in September on the Tokyo Stock Exchange, initially limited to the domestic J-credits, though fundamental questions as to how the scheme will operate remain.
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Tributes paid to Oxford neuroscientist Professor Sir Colin Blakemore

BBC - Wed, 2022-06-29 19:05
Sir Colin Blakemore received death threats for defending medical research on animals.
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ICROA to expand its accreditation beyond IETA members

Carbon Pulse - Wed, 2022-06-29 19:00
Voluntary carbon market business association ICROA will be “soft launching” its accreditation programme for non-IETA members, aiming to maintain relevancy amid a swathe of new entrants.
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