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Energy secretary prepares new pledge for big UK carbon cuts in next decade amid potential cabinet division

Ed Miliband is facing his first key test on Labour’s ambitions for global climate leadership, with a crucial decision looming on how far and how fast to cut the UK’s greenhouse gas emissions.

The energy secretary is preparing a new international pledge for the UK to cut carbon sharply in the next decade, but could face opposition within the cabinet.

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A UK-headquartered carbon capture company has raised €23.7 million in a Series A2 funding round, the firm announced on Tuesday.

Critics say eels could be smuggled eastwards towards Asia but exporter says they are for ‘restocking’ project

Millions of critically endangered eels have been exported from the Severn estuary to Russia this year and conservationists fear export quotas will be increased next year.

A tonne of glass eels, the young elvers that swim into European estuaries from the Sargasso Sea each spring, was flown to Kaliningrad this year, double the amount exported to the Russian port the previous year.

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Carbon project developer and consultancy South Pole has emerged following a significant period of transition and is preparing for a new phase, with a focus on carbon removals and Article 6 markets, its CEO told Carbon Pulse.

European carbon allowance prices clawed back early losses to end Tuesday morning modestly firmer, after five consecutive days of declines driven by weakening natural gas and sustained selling interest, as traders kept a watching brief for movements in the gas market and for signs of renewed pressure.

Investors including multilateral organisations are keeping their distance from carbon credits due to the volatile nature of the market while funding technologies to accelerate climate action, a conference heard Tuesday.

A Finnish company has launched a hand-sized instrument for accurate in-situ measurement of the CO2 in flue gas and direct air capture (DAC), which it says will avoid greenwashing from carbon capture and help with process optimisation.

A San Francisco-headquartered off-grid solar provider has been chosen to participate in a World Bank-funded government programme in Kenya that aims to boost the adoption of off-grid solar home system and clean cookstoves in rural counties, the company announced on Tuesday. 

The Mexican state of Colima has committed to supporting a nature crediting programme spearheaded by a French restoration company.

An Asia Pacific carbon credit supplier is offering credits for bidding at a significant near-50% premium over generic Australian Carbon Credit Units (ACCUs).

Changes to the Safeguard Mechanism reporting methods in Australia will hit the nation’s coal mines and their new methane emissions calculations, which is likely to eventually drive up the price of Australian Carbon Credit Units (ACCUs), according to analysis published Tuesday.

EUAs could trade at between €50-€55 for the next two years without leading to any significant increase in emissions, and the same price level through to 2030 would not trigger a tightening of the market, according to a bank analyst.

Spain-based developer to add a big battery to an existing solar farm in Queensland marking its first hybrid solar and storage project in Australia. A second one will soon follow.

The post Spanish giant to add big battery to Queensland solar farm as PV operators choose to go hybrid appeared first on RenewEconomy.

One of the largest shipbuilders in South Korea has teamed up with a clean shipping industry body to work on solutions that can decarbonise the sector, particularly ammonia and onboard carbon capture systems.

Australia's next storage tender - the country's biggest - will have key design changes, but still will not include VPPs or demand response.

The post New guidelines issued for Australia’s biggest storage tender as authorities wrestle with hybrid issue appeared first on RenewEconomy.

Power is expected to be restored - for the second time - to outback towns in western NSW after a back-up system brought in to temporarily fix a major outage failed.

The post Remote towns suffer another blackout as back-up generators trip, smaller units stolen appeared first on RenewEconomy.

Millions of litres of nutrient-rich whey go to waste every year. Collaboration can help turn this waste stream into useful products Jack Hetherington, Phd Candidate in circular business models, University of Adelaide Adam James Loch, Associate Professor, Centre for Global Food and Resources, University of Adelaide Pablo Juliano, Group leader, Principal Research Scientist, CSIRO Licensed as Creative Commons – attribution, no derivatives.

Nuclear proponents are simply delaying the move towards clean and cheap energy as Australia's environment runs out of time, a climate leader says.

The post “Delay-mongers:” Climate boss Kean lashes nuclear supporters appeared first on RenewEconomy.

Australian energy storage developer Enervest signs up Swiss giant Energy Vault to its plans to build a big battery with one gigawatt-hour of energy storage capacity in north-western New South Wales.

The post “Small company doing big things:” Gigawatt-hour battery plan signs up Swiss giant, Energy Vault appeared first on RenewEconomy.

Singapore grid gives conditional approval to import electricity as part of SunCable's massive Australia-Asia PowerLink project in major step forward to $30 billion project.

The post SunCable: Singapore gives nod to imports from world’s biggest solar and battery project appeared first on RenewEconomy.