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Allowing Cumbria coalmine was ‘disaster’ for climate diplomacy, says Lord Turner

The Guardian - Thu, 2023-11-16 15:00

Former chair of climate change committee says UK’s decision has encouraged other countries to keep exploiting fossil fuels

The UK’s decision to open a new coalmine in Cumbria was a “disaster” that encouraged other countries to press ahead with fossil fuels, and the continued expansion of North Sea oil and gas is likely to continue the harm, a former chief adviser to the government has said.

Other countries are using the UK as an excuse for pressing ahead with fossil fuel projects despite their climate commitments, according to Adair Turner, the first chair of the Committee on Climate Change and a former head of the CBI.

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Trina Solar to supply 1.5GW of PV to Australia, Pacific Islands

RenewEconomy - Thu, 2023-11-16 14:49

China solar giant signs MoU with Japanese industrial giant to supply 1.5GW of solar modules to Australia and the Oceania region over the next five years.

The post Trina Solar to supply 1.5GW of PV to Australia, Pacific Islands appeared first on RenewEconomy.

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UK hikes offshore floating wind strike price to $A337/MWh, in grim portent for Australia

RenewEconomy - Thu, 2023-11-16 14:39

a turbine from the Kincardine Offshore Wind Farm. Simply Blue Group.British government bumps up strike price for offshore wind by up to 66%, setting an eye watering $A337/MWh for floating projects like those earmarked for NSW.

The post UK hikes offshore floating wind strike price to $A337/MWh, in grim portent for Australia appeared first on RenewEconomy.

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NSW is in danger of stuffing up the transition from coal to renewables

RenewEconomy - Thu, 2023-11-16 14:36

saphhire-wind-farm-snow.jpgIt's not often you get a Nationals MP berating Labor for going too slow on the green energy transition. But with two government departments at war in NSW, the renewables industry agrees.

The post NSW is in danger of stuffing up the transition from coal to renewables appeared first on RenewEconomy.

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CP Daily: Wednesday November 15, 2023

Carbon Pulse - Thu, 2023-11-16 14:30
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

California-Quebec model allowance prices rising to $180 in 2040, consider duration limits on banked allowances in upcoming workshop

Carbon Pulse - Thu, 2023-11-16 14:23
California regulator ARB and Quebec's Environment Ministry (MELCCFP) on Wednesday modelled CO2 permit prices under various allowance budget scenarios, discussed cost-containment mechanisms, and deliberated market rule changes such as updating holding limits and auction purchase limits ahead of its Nov. 16 workshop discussing potential amendments to the cap-and-trade programme.
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As school students strike for climate once more, here's how the movement and its tactics have changed

The Conversation - Thu, 2023-11-16 14:09
It’s been five years since school students first went on strike for climate action. Much has changed. Eve Mayes, Senior Research Fellow in Education, Deakin University Ruchira Talukdar, Casual senior research fellow, Deakin University Licensed as Creative Commons – attribution, no derivatives.
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Renewables and farmers: Is this golden opportunity about to slip through our fingers?

RenewEconomy - Thu, 2023-11-16 14:07

As the nation charts its course towards a cleaner energy future, it is critical that farmers receive not only due acknowledgment of their contributions but also targeted support.

The post Renewables and farmers: Is this golden opportunity about to slip through our fingers? appeared first on RenewEconomy.

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Tesla reveals plan to be Australian energy retailer and “disrupt traditional incumbents”

RenewEconomy - Thu, 2023-11-16 14:05

Tesla reveals details of its plan to take on traditional utility incumbents in Australia by focusing on household and business packages that combine rooftop PV, electric cars and battery storage.

The post Tesla reveals plan to be Australian energy retailer and “disrupt traditional incumbents” appeared first on RenewEconomy.

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Former Sun Cable CEO David Griffin takes up reins at solar innovator 5B

RenewEconomy - Thu, 2023-11-16 12:52

Australian solar innovator 5B has snagged a high profile new CEO, with David Griffin – the co-founder and former chief of Sun Cable – taking up the role.

The post Former Sun Cable CEO David Griffin takes up reins at solar innovator 5B appeared first on RenewEconomy.

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If Australia is serious about climate, it must get serious about coal mine emissions

RenewEconomy - Thu, 2023-11-16 12:01

Fugitive emissions that leak from the ground during the extraction of coal and gas represent 11% of Australia’s reported greenhouse gas emissions. So why are they being ignored?

The post If Australia is serious about climate, it must get serious about coal mine emissions appeared first on RenewEconomy.

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Iceland volcano: Peninsula faces 'decades' of instability

BBC - Thu, 2023-11-16 10:32
Eruptions on the south-western Reykjanes Peninsula may mark a new cycle, warn Icelandic meteorologists.
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Somalia floods: Bodies unearthed and bridges swept away

BBC - Thu, 2023-11-16 10:26
Graveyards, bridges and harvests are swept away in the worst floods to hit Somalia in a century.
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Australia’s biggest coal grid is running short of spinning machines

RenewEconomy - Thu, 2023-11-16 10:16

Market operator has to put out call for more synchronous generation as the number of coal units operating fell to record lows. More grid forming battery inverters might be needed.

The post Australia’s biggest coal grid is running short of spinning machines appeared first on RenewEconomy.

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NZ Carbon Fund recovers, buys back NZUs

Carbon Pulse - Thu, 2023-11-16 10:16
A New Zealand exchange-traded fund tied to the country’s emissions trading scheme has seen its value recover in line with the NZU price.
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UK to offer higher subsidies for offshore windfarms after crisis talks

The Guardian - Thu, 2023-11-16 10:01

Concerns rose when no wind projects were put forward for government’s recent clean energy auction

The government will offer significantly higher subsidies for new offshore windfarms after crisis talks with developers that are battling cost inflation across global energy supply chains.

Ministers have agreed to raise the starting price of the government’s next auction for offshore wind subsidies by around two-thirds to £73 per megawatt hour to help more offshore windfarm projects to move ahead despite higher costs.

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Second Washington carbon reserve auction sees record-high bid volume, sells out

Carbon Pulse - Thu, 2023-11-16 09:58
The Allowance Price Containment Reserve (APCR) sale in Washington state’s WCI-modelled cap-and-invest programme saw strong demand and sold out of its permits at one fixed price, according to results published Wednesday.
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Kmart Group urged to join industry textile recycling scheme or face regulation, government says

The Guardian - Thu, 2023-11-16 09:00

Group which owns Kmart and Target has not signed up to initiative that would impose 4 cent levy on garments to fund research

The federal government has called on one of Australia’s biggest retailers, Kmart Group, to support an industry-led textile recycling scheme, or risk regulation.

Spearheaded by the Australian Fashion Council (AFC), the Seamless initiative is designed to tackle clothing waste through a levy system to increase the number of garments being resold, repaired, reworn and recycled.

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Base Carbon explains $1.7 million loss, outlines road ahead

Carbon Pulse - Thu, 2023-11-16 08:11
Toronto-headquartered carbon project developer Base Carbon explained to an investor call on Wednesday why it lost $1.7 million loss in Q3, said when the company would become profitable, and detailed its new project in India.
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*Senior Advisor, REDD+, Fauna & Flora International – Cambridge, UK

Carbon Pulse - Thu, 2023-11-16 07:34
*PREMIUM LISTING - This role will serve as technical lead for the continued development and expansion of Fauna & Flora’s portfolio of REDD+ projects in priority landscapes.  The voluntary carbon market, and nature-based approaches including REDD+ within it, are emerging from a period of intense scrutiny and evolution.
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