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AGL spending $760 million on coal generator upkeep, even as it adds new batteries

RenewEconomy - Mon, 2023-11-27 14:12

AGL to spend $760 million this financial year keeping its two coal fired power generators online as part of a $1 billion upgrade and maintenance program.

The post AGL spending $760 million on coal generator upkeep, even as it adds new batteries appeared first on RenewEconomy.

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Burrup Hub gas project could release 13 times Australia’s annual carbon emissions, analysis suggests

The Guardian - Mon, 2023-11-27 14:05

Greenpeace-led research discussed in Canberra with independent Kate Chaney saying politicians need to understand ‘sheer scale’ of what is planned in WA

Planned gas developments on Western Australia’s Burrup Hub led by Woodside Energy could result in twice as much greenhouse gas being emitted as any other Australian fossil fuel development up for approval, according to an analysis by environment groups.

The analysis led by Greenpeace estimated the Burrup Hub expansion could lead to 6.1bn tonnes of CO2 across the decades ahead if fully developed – roughly 13 times what Australia emits annually. Most of the emissions would be released when the gas was sold and burned overseas.

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First Nations group gets option for 20pct stake in Sunshine Hydro’s flagship project

RenewEconomy - Mon, 2023-11-27 13:50

Deal with Sunshine Hydro for innovative pumped hydro and green hydrogen hybrid project comes as more renewable companies and buyers look to work with First Nations businesses.

The post First Nations group gets option for 20pct stake in Sunshine Hydro’s flagship project appeared first on RenewEconomy.

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New Zealand ETS levers to become less effective over time, analysis warns

Carbon Pulse - Mon, 2023-11-27 13:38
Long term structural issues in New Zealand’s emissions trading scheme will see current market drivers becoming less able to control the scheme in the future, according to analysis.
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Ministers put consumer energy on agenda. Is this a turning point or Groundhog Day?

RenewEconomy - Mon, 2023-11-27 13:33

State and federal energy ministers agree to develop a national roadmap for customer‑owned energy resources – from rooftop solar to electric vehicles. Is this a win?

The post Ministers put consumer energy on agenda. Is this a turning point or Groundhog Day? appeared first on RenewEconomy.

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Pollution from coal power contributes to far more deaths than scientists realised, study shows

RenewEconomy - Mon, 2023-11-27 13:31

New study finds air pollutants from coal power plants were associated with nearly half a million premature deaths of elderly Americans from 1999 to 2020.

The post Pollution from coal power contributes to far more deaths than scientists realised, study shows appeared first on RenewEconomy.

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We've committed to protect 30% of Australia's land by 2030. Here's how we could actually do it

The Conversation - Mon, 2023-11-27 13:17
To protect nearly a third of Australia by decade’s end will mean expanding our national parks, Indigenous Protected Areas and protection across private land. James Fitzsimons, Adjunct Professor in Environmental Sciences, Deakin University Licensed as Creative Commons – attribution, no derivatives.
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Two new big batteries approved, including four-hour BESS and another near Hazelwood

RenewEconomy - Mon, 2023-11-27 12:48

flow power bennetts creek BESS batteryVictoria's planning department gives the green light to two new big batteries: One four-hour project and a smaller project proposed for coal country.

The post Two new big batteries approved, including four-hour BESS and another near Hazelwood appeared first on RenewEconomy.

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Australian human-induced regeneration projects “not supported by evidence”, scientific article says

Carbon Pulse - Mon, 2023-11-27 10:30
Australian human-induced regeneration (HIR) carbon credit projects are once again being scrutinised, with a published scientific article arguing they are “not supported by scientific evidence”.
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EU top carbon emitter ‘aristocracy’ monopolises bloc’s carbon market, says NGO report

Carbon Pulse - Mon, 2023-11-27 10:01
The 30 most polluting companies in the EU are causing half of the emissions registered under the bloc's ETS, a new report revealed on Monday that compiles carbon market installations by company ownership.
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Global methane pledge hanging in the balance due to lack of funding and oversight, says NGO

Carbon Pulse - Mon, 2023-11-27 10:01
A global pledge made two years ago to reduce methane emissions is not delivering due to lack of funding and shortcomings in its governance framework, and could miss its objectives without action, according to analysis published on Monday.
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Three-quarters of climate finance group members lack deforestation policies, report finds

Carbon Pulse - Mon, 2023-11-27 10:01
Only a quarter of the financial institutions who are members of the Glasgow Financial Alliance for Net Zero (GFANZ) or Race to Zero have at least one deforestation policy for a high-risk commodity, according to a report released Monday.
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Australia’s emission reduction progress undercut by further fossil fuel project approvals  

Carbon Pulse - Mon, 2023-11-27 09:44
Australia is on track to cut emissions by 42% below 2005 levels by 2030, just shy of its official NDC, however a report has argued that these reductions are dwarfed by the emissions from new fossil fuel projects approved by the Albanese government.
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Over 100 countries set joint aim to cut CO2 intensity for global aviation fuels by 2030

Carbon Pulse - Mon, 2023-11-27 07:21
More than 100 nations have established an aspirational 2030 goal to cut the carbon intensity of aviation fuel, although some governments remained wary about the effect on their economies.
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Green growth or degrowth: what is the right way to tackle climate change?

The Conversation - Mon, 2023-11-27 05:20
One set of ideas runs counter to the mainstream consensus that technology will save us from climate change. Can degrowth ever win enough converts to persuade humanity to change course? Mark Fabian, Assistant professor of public policy, University of Warwick Licensed as Creative Commons – attribution, no derivatives.
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British empire’s past emissions ‘double UK’s climate responsibility’

The Guardian - Mon, 2023-11-27 05:00

Exclusive: Data shows that including CO2 from countries once under colonial rule makes Britain one of world’s biggest historical emitters

The UK is responsible for almost twice as much global heating as previously thought when its colonial history is taken into account, analysis has revealed.

The UK’s domestic emissions account for 3% of total world emissions dating back to 1850. But when responsibility for emissions in countries once under the British empire’s rule is given to the UK, the figure rises to more than 5%.

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More than 80 people, including 97yo minister, arrested after coal port blockade

RenewEconomy - Sun, 2023-11-26 20:47

A 97-year-old minister is among more than 80 people arrested after a blockade of a major Australian coal port continued beyond an agreed deadline.

The post More than 80 people, including 97yo minister, arrested after coal port blockade appeared first on RenewEconomy.

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Study warns against overreliance on IUCN Red List in conservation policies, funding

Carbon Pulse - Sun, 2023-11-26 18:24
The IUCN Red List of Threatened Species is incomplete, partially outdated, and has several other limitations suggesting it should not play the critical role it does in determining conservation policy-making and funding for governments, NGOs, and philanthropists, a new study has claimed.
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NSW looks for more flexibility on storage, but has it pulled plug on pumped hydro?

RenewEconomy - Sun, 2023-11-26 16:00

genex kidston pumped hydro storage solar queensland - optimisedNSW to change storage definitions as it juggles its storage needs to support the wind and solar that will replace its coal fired generators.

The post NSW looks for more flexibility on storage, but has it pulled plug on pumped hydro? appeared first on RenewEconomy.

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EU climate chief: China must help fund rescue of poorer nations hit by disaster

The Guardian - Sun, 2023-11-26 15:00

Gulf petrostates must also pay for relief, warns EU commissioner Wopke Hoekstra in the run-up to the Cop28 summit

China and other big developing nations must pay into a fund to rescue poor countries stricken by the climate disaster, the EU’s climate chief has said as world leaders prepare to gather in Dubai for a crucial climate summit.

Wopke Hoekstra, EU commissioner for climate action, said there was no longer any reason to exclude big emerging economies with high greenhouse gas emissions such as China and petrostates in the Gulf from the obligation to provide aid to the poorest and most vulnerable countries.

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