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SEC bill faces tough opposition in Victorian parliament

RenewEconomy - Wed, 2023-11-15 14:45

A move to enshrine the revived State Electricity Commission in the Victorian constitution is doomed to fail, with upper house crossbenchers queuing up to kill it.

The post SEC bill faces tough opposition in Victorian parliament appeared first on RenewEconomy.

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Siemens snags massive government bailout amid deepening wind turbine woes

RenewEconomy - Wed, 2023-11-15 14:13

siemens gamesa 14MW turbineGerman government agrees to backstop energy giant Siemens to tune of €7.5 billion to help the company overcome ongoing turmoil in its wind division.

The post Siemens snags massive government bailout amid deepening wind turbine woes appeared first on RenewEconomy.

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“Farcical:” Wind industry in shock as draft NSW guidelines say no to new wind projects

RenewEconomy - Wed, 2023-11-15 14:10

rye-park-wind-turbine-1536x1091.jpgUpdated: Wind industry in shock over draft NSW planning guidelines, which could kill new projects - even in renewable energy zones. Talks are being sought with the state Labor government.

The post “Farcical:” Wind industry in shock as draft NSW guidelines say no to new wind projects appeared first on RenewEconomy.

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Origin: Can the gentailer commit to 100% green when the Brookfield bid fails?

RenewEconomy - Wed, 2023-11-15 13:58

Origin Energy could move quicker on the renewable transition than Brookfield, but its management has shown no interest in doing so.

The post Origin: Can the gentailer commit to 100% green when the Brookfield bid fails? appeared first on RenewEconomy.

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New “mega scale” green hub planned for Northern Territory by Korea giant

RenewEconomy - Wed, 2023-11-15 13:53

 5BNorthern Territory unveils another "mega-scale" renewable project featuring wind, solar, hydrogen and battery storage with South Korea industrial giant.

The post New “mega scale” green hub planned for Northern Territory by Korea giant appeared first on RenewEconomy.

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New blow to fossil gas as regulator shifts death spiral risk to new connections

RenewEconomy - Wed, 2023-11-15 13:52

Households in Victoria could soon be required to pay up front for a new connection to the gas network to defray cost of stranded assets for other users.

The post New blow to fossil gas as regulator shifts death spiral risk to new connections appeared first on RenewEconomy.

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Australia at back of the pack on methane as China announces action plan

RenewEconomy - Wed, 2023-11-15 13:45

cropped-gas-flare-fracking-victoria-moratorium-2-optimised.jpgChina has joined the growing list of countries committing to methane action plans, leaving Australia well behind in the global race to tackle these super-polluting emissions.

The post Australia at back of the pack on methane as China announces action plan appeared first on RenewEconomy.

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Novel Black Sea CDR startup secures $5 mln in seed funding

Carbon Pulse - Wed, 2023-11-15 11:17
A biomass carbon removal and storage company has topped $5 million in seed funding, which it says will bolster its efforts to deploy scalable carbon dioxide removal (CDR) technology in the Black Sea.
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CP Daily: Tuesday November 14, 2023

Carbon Pulse - Wed, 2023-11-15 11:13
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

Bird of Century: Pūteketeke wins NZ poll after campaign by John Oliver

BBC - Wed, 2023-11-15 10:57
The pūteketeke won after the US talk show host's self-described "alarmingly aggressive" campaign.
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Washington shares potential offset protocol updates ahead of cap-and-invest rulemaking

Carbon Pulse - Wed, 2023-11-15 10:56
The Washington Department of Ecology (ECY) on Tuesday presented its considerations to expand the scope of offset projects under the state's cap-and-invest programme as rulemaking approaches.
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Flood protection plans for English homes cut by 40%

The Guardian - Wed, 2023-11-15 10:01

Quarter of new flood defence projects will also not go ahead, NAO finds, as Environment Agency blames cuts on inflation

The number of properties that will be better protected from flooding by 2027 has been cut by 40%, and 500 of 2,000 new flood defence projects have been abandoned, according to the National Audit Office (NAO).

The number of homes forecast to be under enhanced flood protection by 2027 has been slashed from 336,000 to 200,000. This means 136,000 more homes will be at risk of flooding since plans were drawn up in 2020, figures from an NAO report show.

Continue reading...
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Bill Gates-backed startup claims can remove carbon for 1,000 years at fraction of current cost

Carbon Pulse - Wed, 2023-11-15 09:36
A climate tech startup backed by computing legend Bill Gates claims it can permanently remove billions of tonnes of CO2 from the atmosphere for more than a millennium at a cost under $100 per tonne.
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The super fund giant and advisory firm blocking Australia’s renewable energy transition

RenewEconomy - Wed, 2023-11-15 09:08

Brookfield's bid for Origin is good for Australia. But Australia's biggest super fund is signalling that fundamental value is less important than just stopping the bid.

The post The super fund giant and advisory firm blocking Australia’s renewable energy transition appeared first on RenewEconomy.

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Nation under threat: Major new US report warns of accelerating climate change impacts

Carbon Pulse - Wed, 2023-11-15 09:04
The US is experiencing a rapid escalation in climate change impacts, with the threat of worsening consequences that will affect human health, key infrastructure, and the economy while sparing no region, according to a comprehensive report published Tuesday.
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It sounds like science fiction. But we can now sample water to find the DNA of every species living there

The Conversation - Wed, 2023-11-15 08:59
Every living thing leaves traces in its environment. By sampling water or even air for this environmental DNA, we can know which species live where. Maarten De Brauwer, Research fellow, CSIRO Oliver Berry, Leader, Environomics Future Science Platform, CSIRO Licensed as Creative Commons – attribution, no derivatives.
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PREVIEW: ARB’s imminent cap-and-trade public workshop information looms over WCI Q4 auction

Carbon Pulse - Wed, 2023-11-15 08:55
With a slidedeck for the California regulator's cap-and-trade programme public workshop set to release half an hour after the upcoming fourth quarter carbon allowance sale, WCI market participants deliberated on whether the ARB's release would affect bids at Wednesday's auction.
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ANALYSIS: Canadian carbon pricing politics threaten future of federal climate policy

Carbon Pulse - Wed, 2023-11-15 08:28
Prime Minister Justin Trudeau’s decision to temporarily exempt home heating oil from carbon pricing has only amplified existing dissent with the Liberal government’s approach to reducing greenhouse gas emissions, and introduces uncertainty to the future of Canadian climate policy, experts say.
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California’s new climate disclosure laws set foundation for advanced emissions reductions in private sector -experts

Carbon Pulse - Wed, 2023-11-15 07:07
A suite of legislation passed in California mandating disclosure of Scope 1-3 emissions and climate-related financial risk for large companies, as well as standardised requirements for voluntary carbon market participants, sets the stage for high-quality climate action from the private sector, a panel of experts discussed Tuesday.
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WCI, Washington allowance sale floor price for 2024 set as October inflation remains flat

Carbon Pulse - Wed, 2023-11-15 06:24
The WCI-linked cap-and-trade and Washington cap-and-invest 2024 auction floor prices were set unofficially as October inflation held unchanged month-over-month for the first time all year, according to federal data published Tuesday.
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