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Energy Insiders Podcast: The path to net zero for industry

RenewEconomy - Fri, 2023-07-28 11:20

Energy Insiders podcastAnna Skarbek from Cimateworks on why renewables will play central role in getting big industry to net zero. First, the grid. Plus: Big battery boom.

The post Energy Insiders Podcast: The path to net zero for industry appeared first on RenewEconomy.

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Fossil gas ban: Victoria calls time on gas connections for new homes

RenewEconomy - Fri, 2023-07-28 10:10

gas stove cooktop burnerPlanning permits for new homes will only connect to all-electric networks in 2024, marking a major about face for the state with the highest residential gas use in Australia.

The post Fossil gas ban: Victoria calls time on gas connections for new homes appeared first on RenewEconomy.

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Avian flu warning to tourists as birds face 'catastrophe'

BBC - Fri, 2023-07-28 10:03
Thousands of dead and sick seabirds are being washed up along the UK's coastline as avian flu spreads.
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Huge four-hour battery to propel Neoen towards $1.1 billion annual profit

RenewEconomy - Fri, 2023-07-28 09:40

Neoen says battery earnings are volatile, but the contract locked in for its first four-hour battery will help propel overall earning to more than $1.1 billion in 2025.

The post Huge four-hour battery to propel Neoen towards $1.1 billion annual profit appeared first on RenewEconomy.

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False claims of bogus heatwave spread online

BBC - Fri, 2023-07-28 09:19
Weather forecasters wrongly accused of using misleading data to "drive fear".
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CP Daily: Thursday July 27, 2023

Carbon Pulse - Fri, 2023-07-28 09:02
A daily summary of our news plus bite-sized updates from around the world.
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Emerging technologies, hedging needs playing into California cap-and-trade budget cut decision, official says

Carbon Pulse - Fri, 2023-07-28 08:57
California will factor in the viability of nascent low-carbon technology roll out and importance having a permit bank as it weighs steeper cups to cap-and-trade allowance budgets over the remainder of the decade, a senior official with state regulator ARB said Thursday.
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Experts advocate New York carbon market design should follow North American model over European approach

Carbon Pulse - Fri, 2023-07-28 08:42
Using North American automatic programme adjustments in the design of New York’s cap-and-invest scheme, rather than the supply-responsive approaches that their European counterparts use, would better serve to ensure programme stability, experts said Thursday.
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Neoen pockets significant damages for delays to Australia’s biggest solar project

RenewEconomy - Fri, 2023-07-28 08:38

western downs solar farm neoenFrench renewable energy developer Neoen says it has been paid significant damages for delays in the country's biggest solar project.

The post Neoen pockets significant damages for delays to Australia’s biggest solar project appeared first on RenewEconomy.

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WCI Markets: CCAs stretch all-time highs near $38 as potential allowance budget cuts surprise, WCAs rise past Tier 2 reserve price

Carbon Pulse - Fri, 2023-07-28 07:57
California Carbon Allowance (CCA) prices barnstormed as much as 10% over the past two days to new record highs after the state published larger-than-expected scenarios for cutting cap-and-trade allowance supply, while Washington Carbon Allowance (WCA) values climbed ahead of the programme's permit reserve sale next month.
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EU court rules against Swedish firm’s bid to stay in the EU ETS

Carbon Pulse - Fri, 2023-07-28 06:59
A top EU court has ruled against a Swedish company’s bid to stay in the EU ETS despite its exclusively biomass-fueled operations that had resulted in the facility having almost no reportable CO2 emissions.
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SeaVolt to launch “first of a kind” offshore floating solar demonstrator

RenewEconomy - Fri, 2023-07-28 06:26

seavolt floating solarBelgian-based consortium announces plans to launch its first offshore floating solar energy test platform designed specifically for rough seas.

The post SeaVolt to launch “first of a kind” offshore floating solar demonstrator appeared first on RenewEconomy.

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Three Eastern EU nations seek to use REPowerEU funding for fossil fuels -report

Carbon Pulse - Fri, 2023-07-28 03:14
Three EU governments are trying to direct public money towards more fossil fuels, rather than steering away as the 27-nation bloc’s overarching climate strategy requires, a report showed on Thursday.
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Voluntary carbon market braces for ‘ICVCM impact’ after framework release

Carbon Pulse - Fri, 2023-07-28 03:12
A “good number” of carbon credit projects will fail to attain the ICVCM's Core Carbon Principles (CCP) integrity label, but some market experts judge there to be still too much wriggle room and ambiguity in the cross-stakeholder body's newly-released assessment framework.
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'The era of global boiling has arrived' warns the UN – video

The Guardian - Fri, 2023-07-28 02:06

The UN secretary general, António Guterres, said scientists have confirmed July was on track to be the world's hottest month on record. Guterres warned 'the era of global warming has ended, the era of global boiling has arrived' after recent global temperatures shattered records. The steady rise in global average temperatures, driven by pollution that traps sunlight and acts like a greenhouse around the Earth, has made weather extremes worse

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UNDP seeks to de-risk biodiversity credits under its tiger protection bonds

Carbon Pulse - Fri, 2023-07-28 01:59
Around 15% of the bonds to be issued by the United Development Programme (UNDP) to help support tiger ecosystem protection in four Asian countries could be monetised through the sale of “high integrity biodiversity credits”, depending upon the ability to de-risk the credits through guarantee provisions.
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Drone footage shows aftermath of wildfires on 2,500-year-old Sicilian temple – video

The Guardian - Fri, 2023-07-28 01:44

Wildfires have turned the hills surrounding the temple of Segesta to ash after days of fires spreading across Sicily. Local authorities said the blaze was put out around the archaeological site, but it is temporarily closed to check for any damage. The island has been devastated by wildfires that have killed at least three people, while heatwaves and severe storms affected the north of Italy

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European utilities report drop in ETS-covered power generation as another steelmaker signals weak outlook

Carbon Pulse - Fri, 2023-07-28 00:17
Multiple Europe-headquartered power generation firms reported a significant drop in EU ETS-covered output in quarterly results published late Wednesday and Thursday, while a large steel producer became the latest to flag a weak demand outlook due to wider macroeconomic uncertainty.
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UK government publishes price tiers for ‘net gain’ biodiversity credits

Carbon Pulse - Thu, 2023-07-27 23:38
The British government has published provisional price tiers for its statutory biodiversity credits as part of upcoming net gain legislation, with the final values to be set by the Department for Environment, Food and Rural Affairs (Defra) and subject to periodic review.
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Climate change: July set to be world's warmest month on record

BBC - Thu, 2023-07-27 23:30
Researchers believe that July will smash the record for warmest month even with several days left to go.
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