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Genex secures new finance to shore up pumped hydro and fund big battery plans

RenewEconomy - Fri, 2023-06-30 11:31

kidston pumped hydro Genex Power linked in imageGenex Power secures $44.5m funding deal with J-Power to bring home flagship pumped hydro project and drive development of huge Bulli Creek battery.

The post Genex secures new finance to shore up pumped hydro and fund big battery plans appeared first on RenewEconomy.

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The climate change-denying TikTok post that won't go away

BBC - Fri, 2023-06-30 10:50
The firm is struggling to stop climate misinformation spreading on its platform, BBC investigation finds.
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Study highlights CDR benefits, impacts of BECCS versus afforestation and reforestation

Carbon Pulse - Fri, 2023-06-30 10:45
A new study highlights the relative benefits and impacts of two major carbon dioxide removal (CDR) methods - bioenergy with carbon capture and storage (BECCS) and afforestation and reforestation (AR) - on the carbon cycle and surface climate.
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BBC Weather shows wrong temperatures after technical glitch

BBC - Fri, 2023-06-30 10:22
Users are being incorrectly shown forecasts in the single figures throughout the coming days.
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World’s biggest asset manager eyes more batteries, offshore wind and small solar

RenewEconomy - Fri, 2023-06-30 10:19

ausgrid ev chargerBlackRock says it may expand Waratah Super Battery, and is also looking at offshore wind, small scale solar and storage, and more EV chargers in Australia.

The post World’s biggest asset manager eyes more batteries, offshore wind and small solar appeared first on RenewEconomy.

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Scientists develop method to increase accuracy of measuring rice paddy methane

Carbon Pulse - Fri, 2023-06-30 10:16
Scientists have developed a new technology that increases the accuracy of measuring methane emissions from rice paddy fields, in a breakthrough that could have important implications for the voluntary carbon market.
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The quest to grow the perfect strawberry

BBC - Fri, 2023-06-30 09:17
Gene editing is being introduced which could improve the flavour and growing time for British strawberries.
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Milky Way: Icy observatory reveals 'ghost particles'

BBC - Fri, 2023-06-30 09:03
An extraordinary image of ghost particles in the Milky Way is captured by an observatory buried at the South Pole.
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Experts question whether VCMI claims code is out of reach for most corporates

Carbon Pulse - Fri, 2023-06-30 08:35
Voluntary carbon market experts have questioned whether the VCMI’s claims code sets too high a bar for many companies to be able to buy carbon credits, risking a drop off in demand.
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*Carbon Development Director, Impact Carbon – Remote/Flexible Location

Carbon Pulse - Fri, 2023-06-30 08:30
*PREMIUM LISTING - The Carbon Development Director will be responsible for leading and managing development of the portfolio of all 5 Gold Standard VER carbon assets at Impact Carbon: an improved cookstove project in Uganda and VPA in Nigeria, and one school safe drinking water PoA in Nigeria and Kenya, and another in Uganda.
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WCI Markets: CCAs slide on profit taking, WCAs seesaw amid natural gas allocations

Carbon Pulse - Fri, 2023-06-30 08:23
California Carbon Allowance (CCA) prices fell each day this week on reported profit-taking and as the front-month contract went into delivery, while Washington Carbon Allowance (WCA) values seesawed following two weeks of stagnation and as the state distributed free permits for natural gas utilities.
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Carbon capture alliance launches consultation on first accounting methodologies

Carbon Pulse - Fri, 2023-06-30 08:01
A cross-stakeholder carbon capture body has launched for public consultation its first four carbon accounting methodologies that have been developed under Verra's voluntary carbon VCS programme, spanning carbon capture and storage, direct air capture, saline solutions, and CO2 transport.
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Flu hits breeding rate of UK's largest bird of prey

BBC - Fri, 2023-06-30 07:53
Conservationists suspect white-tailed sea eagles have been eating avian flu-infected prey.
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Cambridge University bids to boost waste recycling to 80%

BBC - Fri, 2023-06-30 07:30
New bins, scanners and miles of conveyor belts should help reduce waste, Cambridge University says.
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RFS Market: RIN prices lift to pre-rulemaking highs amid smaller surplus bank revelation

Carbon Pulse - Fri, 2023-06-30 07:05
US biofuel credit (RIN) values lurched higher in recent days to match levels before the EPA’s publication of final multi-year Renewable Fuel Standard (RFS) quotas, as market participants pointed to increased refiner buying and a tighter surplus bank.
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Voluntary carbon firm proposes ‘blended tonne’ combining nature and tech-based removal credits

Carbon Pulse - Fri, 2023-06-30 06:54
A US-based soil carbon project developer has put forth an idea for a new removal credit that combines immediately available nature-based tonnes with engineered technologies that will sequester CO2 at a later point.
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New US CFTC task forces clamp down on carbon credit fraud and cybersecurity threats

Carbon Pulse - Fri, 2023-06-30 06:32
The US Commodity Futures Trading Commission (CFTC) convened on Thursday a new task force to address environmental fraud and misconduct in carbon credit markets, as well as a team overseeing issues related to cybersecurity and emerging technologies including artificial intelligence (AI).
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Land clearing and fracking in Australia's Northern Territory threatens the world's largest intact tropical savanna

The Conversation - Fri, 2023-06-30 06:01
Hungry for development and industry investment, the Northern Territory government is putting one of the world’s last intact tropical ecosystems at risk. Scientists are calling for better protections. Euan Ritchie, Professor in Wildlife Ecology and Conservation, School of Life & Environmental Sciences, Deakin University Brett Murphy, Professor, Charles Darwin University John Woinarski, Professor of Conservation Biology, Charles Darwin University Licensed as Creative Commons – attribution, no derivatives.
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VCMI buyer code to accept cheap credits, signals differential treatment is on its way

Carbon Pulse - Fri, 2023-06-30 04:25
The VCMI's new code for corporate buying will accept carbon credits currently trading below $1 based on an "understanding" of improved quality, while the cross-stakeholder body will soon develop special provisions for specific buyers.
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Ministers must get a grip: no bailout for Thames Water’s backers

The Guardian - Fri, 2023-06-30 04:09

Any financial reconstruction of Thames is simple. Shareholders and bondholders are on the hook

What did Sarah Bentley, the now ex-chief executive of Thames Water, mean when she warned repeatedly in her final months in the job that England’s largest water and wastewater company had been “hollowed out over decades”?

A benign(ish) interpretation is that she was merely reprising what everybody has known for years: that Thames was rinsed by its former owners, most notably the Australian financial outfit Macquarie, which was the dominant shareholder from 2006 to 2017. That was the period in which the company’s borrowings were increased towards today’s towering level of £14bn and the regulator Ofwat was reduced, more or less, to appealing for Macquarie to get out and make way for more far-sighted owners.

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