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Former regional leaders urge Pacific nations to hold off support for Australia’s COP31 bid
Domestic needs and credit fees: GGGI outlines Article 6 key considerations for developing nations
“Massive retrograde step:” Renewables industry says “no case” to extend Eraring
Clean energy industry leaders call on NSW government to rule out a taxpayer funded extension to the operating life of Australia's largest coal plant.
The post “Massive retrograde step:” Renewables industry says “no case” to extend Eraring appeared first on RenewEconomy.
UK needs Dragons’ Den approach to investing in net zero, says thinktank
IPPR wants government to take a stake in green technology firms to help Britain keep up with EU and US
The UK risks losing out to the US and EU in the global race to a net zero economy unless the government increases green investment by taking a stake in the companies of the future, a thinktank has said.
The left-leaning Institute for Public Policy Research said Britain needed a “national investment fund” (NIF) that would back new firms and secure a share of any future profits for the public as it called for the state to adopt a “Dragons’ Den” type approach to supporting enterprises.
Continue reading...Volcanoes and wildfires offset 20% of global heating over eight years
Events that inject smoke and gas into high atmosphere help to cool planet but are no solution to climate crisis, says study
Explosive volcanic eruptions and wildfires have offset global heating by around a fifth over the last eight years, a study shows. In particular the eruption of Calbuco in southern Chile in 2015 and the 2019-20 Australian wildfires injected vast amounts of smoke and gas into the high atmosphere, which helped to cool the planet by absorbing heat leaving the Earth and reflecting sunlight back to space.
Pengfei Yu from Jinan University in China and his colleagues used data gathered by high altitude balloons over the Tibetan plateau and the US to model the cooling impact of stratospheric volcanic eruptions – those that inject ash into the high atmosphere – and wildfires.
Continue reading...Solar glass cuts greenhouse energy use almost in half, Australian study shows
Results are in from the two-year study of ClearVue's demonstration solar greenhouse in Perth, revealing a “significant offset" of energy consumption and remarkably consistent generation.
The post Solar glass cuts greenhouse energy use almost in half, Australian study shows appeared first on RenewEconomy.
Carbon tax on the rich: Why world’s wealthiest should pay for their emissions
A tax on investments rather than consumption would do more to force wealthy people to act on emissions - if only to protect their own portfolio income from stranded assets.
The post Carbon tax on the rich: Why world’s wealthiest should pay for their emissions appeared first on RenewEconomy.
Solar and China lead way as global renewable investments hit record $A557 billion
Solar and China lead the way as global investments in renewable energy surge in first half, but remain short of net zero targets.
The post Solar and China lead way as global renewable investments hit record $A557 billion appeared first on RenewEconomy.
Better than net zero? Building new homes climate-friendly
Building the federal government's promised 1.2 million homes climate-friendly would transform construction in Australia, to make housing part of the climate solution.
The post Better than net zero? Building new homes climate-friendly appeared first on RenewEconomy.
Chandrayaan-3: India's Moon lander Vikram aims for historic lunar south pole landing
Trampling plants, damaging rock art, risking your life: taking selfies in nature has a cost
Ulez expansion: Ministers looked at using powers to block scheme
CP Daily: Tuesday August 22, 2023
Gas giant APA makes huge $3 billion renewables and battery play in Pilbara
APA pays $1.7 billion for Alinta energy assets in the Pilbara, which includes a $3 billion pipeline of wind, solar and battery projects to decarbonise mining operations of iron ore giants.
The post Gas giant APA makes huge $3 billion renewables and battery play in Pilbara appeared first on RenewEconomy.
RGGI compliance entities boost allowance holdings after Q2 auction
Size limits urged to stop “wind turbine arms race” as factories struggle to keep up
Energy analysts call for a cap on the size of offshore wind turbines in an effort to ease supply chain pressures at a time when demand is booming.
The post Size limits urged to stop “wind turbine arms race” as factories struggle to keep up appeared first on RenewEconomy.
Brazil president’s ETS language incorporated into advanced Senate carbon trading bill
G20 poured more than $1tn on fossil fuel subsidies despite Cop26 pledges – report
Public money still flowing into industry despite agreement to phase out ‘inefficient’ subsidies, thinktank says
The G20 poured record levels of public money into fossil fuels last year despite having promised to reduce some of it, a report has found.
The amount of public money flowing into coal, oil and gas in 20 of the world’s biggest economies reached a record $1.4tn(£1.1tn) in 2022, according to the International Institute for Sustainable Development (IISD) thinktank, even though world leaders agreed to phase out “inefficient” fossil fuel subsidies at the Cop26 climate summit in Glasgow two years ago.
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