Feed aggregator
Paved highway to run through Amazon gains initial approval in Brazil
Fears that turning muddy route BR-319 into an all-season road will make it an artery for illegal logging and deforestation
Brazil’s environmental authority has granted an initial permit to allow a major highway to be paved through the centre of the Amazon rainforest, the minister of infrastructure said, in a move that threatens to increase deforestation.
On the campaign trail, Brazil’s rightwing president, Jair Bolsonaro, had pledged to repave the road, called BR-319, that would connect the largest Amazon city of Manaus year-round to the rest of Brazil.
Continue reading...Race on to build renewable “superhighway” as network makes case for VNI West
Transgrid and AEMO make case for VNI West as best option for linking north-west Victoria and south-east NSW, promise nearly $700m in net benefits.
The post Race on to build renewable “superhighway” as network makes case for VNI West appeared first on RenewEconomy.
Greening the greyfields: how to renew our suburbs for more liveable, net-zero cities
Batteries and pumps revel in market volatility; the price cap not so much
For the first time, big batteries made more money out of energy arbitrage than they did out of frequency control markets.
The post Batteries and pumps revel in market volatility; the price cap not so much appeared first on RenewEconomy.
CP Daily: Thursday July 28, 2022
NA Markets: CCAs rebound alongside broader market sentiment, Pennsylvania uncertainty weighs on RGAs
California fossil gas generation hits 5-yr high as total power demand rises
Rejigged US climate bill draws fierce criticism on fossil fuel leasing, support for other measures
Protecting 30% of Australia's land and sea by 2030 sounds great - but it's not what it seems
Not waving, drowning: why keeping warming under 1.5℃ is a life-or-death matter for tidal marshes
UN body agrees crediting fee structure for new carbon market mechanism
Canadian VER investor expects issuance of 20 mln carbon credits by 2027
Crypto community band together in effort to stop oil drilling in DRC
European soil carbon firm targets global rollout after UK acquisition
California’s ARB sticking with 2045 CO2 neutrality goal following Newsom letter
VCM prices and liquidity both crunch lower, CBL data shows
Activists surprised and relieved at Manchin’s decision to back climate bill
But the senator’s insistence on more fossil fuel drilling was called a ‘climate suicide pact’ by one expert
Climate advocates reacted with surprise and delight to Joe Manchin’s decision to back a sweeping bill to combat the climate crisis, with analysts predicting the legislation will bring the US close to its target of slashing planet-heating emissions.
The West Virginia senator, who has made millions from his ownership of a coal-trading company, had seemingly thwarted Joe Biden’s hopes of passing meaningful climate legislation – only to reveal on Wednesday his support for a $369bn package to support renewable energy and electric vehicle rollout.
Continue reading...Climate targets at risk as countries lag in updating emission goals, say campaigners
Labour says UK government ‘asleep at the wheel’ of Cop26 presidency as just 16 of 197 member nations submit new climate action plans
International climate targets could be at risk because only a handful of countries have updated their emission reduction goals since last year’s Cop26 summit, campaigners have warned.
Just 16 out of 197 member countries of the UN Framework Convention on Climate Change have updated their plans for how to meet climate goals – known as nationally determined contributions or NDCs.
Continue reading...“Opportunity cost:” The role played by Snowy’s hydro plants in electricity price spike
Hydro power is not supposed to cost much, and last quarter it was rarely used but set the price nearly half the time - at an average of more than $300/MWh. Why?
The post “Opportunity cost:” The role played by Snowy’s hydro plants in electricity price spike appeared first on RenewEconomy.
AEMO urges quicker shift to renewables amid coal failures and soaring fossil fuel costs
AEMO says fossil fuel crisis makes it clear Australia needs to accelerate its shift to wind, solar and storage to deliver cheap and reliable energy.
The post AEMO urges quicker shift to renewables amid coal failures and soaring fossil fuel costs appeared first on RenewEconomy.