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Australia’s biggest coal grid is running short of spinning machines
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.
NZ Carbon Fund recovers, buys back NZUs
UK to offer higher subsidies for offshore windfarms after crisis talks
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.
Continue reading...Second Washington carbon reserve auction sees record-high bid volume, sells out
Kmart Group urged to join industry textile recycling scheme or face regulation, government says
Group which owns Kmart and Target has not signed up to initiative that would impose 4 cent levy on garments to fund research
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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.
Continue reading...Base Carbon explains $1.7 million loss, outlines road ahead
*Senior Advisor, REDD+, Fauna & Flora International – Cambridge, UK
Southwest Airlines unveils ‘Nonstop to Net Zero’ sustainability strategy to help decarbonise operations by 2050
Canadian offset financer reports net income in Q3 as cost reduction efforts advance into strategic review
US federal agency awards $1 mln grant towards coastal wetlands carbon measurement
Washington releases draft language on reporting requirements for cap-and-invest auction revenue recipients
How could Australia actually get to net zero? Here's how
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Climate tech company raises seed funds for biochar carbon removal facility in Kenya
US launches int’l working group to standardise GHG reporting in natgas sector, as investment bank extols benefits of methane mitigation
EU emissions fall 5% in second quarter as power and gas sector charts largest drop
Sustainability consultancy, carbon data management platform forge partnership
ICROA appoints members of inaugural independent advisory committee
EU agrees law to curb methane emissions from fossil fuel industry
Rules would require firms to report emissions, find and fix leaks, and limit wasteful venting and flaring
The EU has struck a deal that will force the fossil fuel industry to rein in dangerous methane pollution.
Under the proposed law, the first of its kind, coal, oil and gas companies would be required to report their methane emissions and take steps to avoid them. The measures include finding and fixing leaks, and limiting wasteful practices such as venting and flaring gas by 2027.
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