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Faster disaster: climate change fuels 'flash droughts', intense downpours and storms
“Looming catastrophe:” EU solar makers issue SOS as cheap China modules flood market
European solar industry calls for urgent action amid warnings that unsustainably low-cost PV from China is pricing the local market out of business.
The post “Looming catastrophe:” EU solar makers issue SOS as cheap China modules flood market appeared first on RenewEconomy.
“Seismic shift:” Energy crisis helped wind and solar stretch cost advantage over fossil fuels
Solar and wind costs have fallen by up to 90 pct in last 12 years, and even in 2022 huge growth in China meant that global average costs remained stable.
The post “Seismic shift:” Energy crisis helped wind and solar stretch cost advantage over fossil fuels appeared first on RenewEconomy.
World Bank spent billions of dollars backing fossil fuels in 2022, study finds
Campaigners estimate about $3.7bn in trade finance was supplied to oil and gas projects despite bank’s green pledges
The World Bank poured billions of dollars into fossil fuels around the world last year despite repeated promises to refocus on shifting to a low-carbon economy, research has suggested.
The money went through a special form of funding known as trade finance, which is used to facilitate global transactions.
Continue reading...Russian petrochemical giant eyes China as potential taker of its carbon credits
“Infinite carrots” won’t solve Australian carbon leakage as a CBAM emerges as option, expert says
AGL on-sells certificates from giant wind farm to Microsoft in new 15 year deal
AGL Energy inks 15-year deal with Microsoft to supply the global software and tech giant with renewable energy certificates from what will be the biggest wind farm in NSW.
The post AGL on-sells certificates from giant wind farm to Microsoft in new 15 year deal appeared first on RenewEconomy.
CP Daily: Monday September 11, 2023
NSW stops logging in 106 ‘hubs’ on mid-north coast amid plans for koala national park
Exclusive: hubs cover about 5% of the 176,000 ha of forest that will be assessed for protection within great koala national park
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Logging in high value koala habitat on the New South Wales mid-north coast will cease immediately while the state government consults experts about plans to establish a great koala national park.
The announcement follows weeks of pressure from communities that had accused the Minns government of stalling on an election promise and allowing forestry operations to continue in areas that had been earmarked for the proposed park.
Continue reading...California cap-and-trade budget cuts over 2025-30 must be enshrined next year, ARB official says
NZ’s vital kelp forests are in peril from ocean warming – threatening the important species that rely on them
UK renewables still cheaper than gas, despite auction setback for offshore wind
While a blow to government’s targets for offshore wind and full decarbonisation, the auction shows wind and solar remain the cheapest way to generate electricity.
The post UK renewables still cheaper than gas, despite auction setback for offshore wind appeared first on RenewEconomy.
Washington justifies allowance volume at next reserve sale, details steps to secure possible California linkage
The Driven Podcast: Australia’s biggest vehicle to grid installation
Mark Gregory from Flinders University discusses the development of vehicle to grid technology, and the future of cars as batteries on wheels.
The post The Driven Podcast: Australia’s biggest vehicle to grid installation appeared first on RenewEconomy.