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Electric vehicles could help ease Australia’s energy instability by sending power back to the grid

The Guardian - Tue, 2024-07-09 01:00

Researchers say EV models with vehicle-to-grid capability will be a huge and flexible resource able to respond to emergencies

On 13 February, when freak winds brought down a transmission line in Victoria and shut down the state’s largest power station, a fleet of electric cars plugged into a charger in Canberra 500km away stirred.

Within six seconds, 16 vehicles started discharging their batteries, sending power back into the grid. While the contribution – part of a pioneering research project – was minuscule compared with the 90,000 households who lost electricity, the experiment showed how EVs could help ease grid calamities of the future.

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German steelmaker pursues renewable hydrogen

Carbon Pulse - Tue, 2024-07-09 00:53
Germany’s biggest flat steel manufacturer hopes to sign renewable hydrogen contracts from Q1 2025, for first deliveries in 2028 and 143,000 tonnes a year from 2029, according to its head of energy strategy.
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Record-breaking heatwave grips many US states: ‘Avoid time outside of AC’

The Guardian - Tue, 2024-07-09 00:32

Heat warnings or advisories in effect for states on west coast, east coast and south, with more extreme highs forecast

A fierce heatwave that shattered records this weekend will again grip much of the US on Monday, with more than 36 million Americans under excessive heat warnings.

The dangerous temperatures caused the death of a motorcyclist in California’s Death Valley. And they posed challenges for firefighters working in sweltering conditions to battle a series of wildfires across the state.

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Fintech startup adds Islamic finance expert after securing fatwa for voluntary carbon product

Carbon Pulse - Tue, 2024-07-09 00:28
A startup focused on exchange-traded voluntary carbon investment products has hired an Islamic finance professional two months after securing a fatwa establishing that the firm’s product complies with shariah, according to a press release issued Monday.
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Suriname drafts guidelines for developing Paris-aligned carbon credits -media

Carbon Pulse - Tue, 2024-07-09 00:21
Suriname has completed draft national legislation to facilitate carbon trading under Article 6 of the Paris Agreement, according to local media.
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INTERVIEW: Rio Tinto’s Serbian lithium mine could help clinch the EU’s climate goals

Carbon Pulse - Mon, 2024-07-08 23:26
Serbia could start supplying the EU with a stable stock of high-grade lithium within four years, helping the bloc produce enough electric vehicles and hit its climate targets, the managing director of Anglo-Australian miner Rio Tinto’s deposit in the country told Carbon Pulse.
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Carbon capture is the big potential of biomethane, says trader

Carbon Pulse - Mon, 2024-07-08 22:27
The EU’s 35 billion cubic metres (bcm) a year target for biomethane in 2030 could deliver 50 million tonnes of negative emissions through carbon capture at the biogas-to-biomethane conversion stage alone, according to one of Europe’s large traders.
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Planted mangroves can store 75% as much carbon as natural ones, study says

Carbon Pulse - Mon, 2024-07-08 21:42
Planted mangrove forests can capture up to three-quarters of the carbon found in natural ones, according to a new paper, which could help better assess how many blue carbon credits can be issued from mangrove restoration projects.
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Euro Markets: Midday Update

Carbon Pulse - Mon, 2024-07-08 21:28
European carbon prices began the week on a positive note as the market rose after Sunday's second round of elections for France's parliament appeared to deal a blow to right-wing parties' hopes of forming a government, but the rally was short-lived and by midday EUAs were again testing support at a key level from last week.
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Labour lifts Tories’ ‘absurd’ ban on onshore windfarms

The Guardian - Mon, 2024-07-08 21:14

Rachel Reeves says she will revise planning policy and decisions should be taken ‘nationally, not locally’

The effective ban on onshore windfarms has been dropped by the Labour government, in news that has delighted environmental and energy experts.

The ban was caused by two footnotes to the National Planning Policy Framework (NPPF), the rules which govern the building of homes and infrastructure.

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Brussels, New Delhi agree to work together on CBAM

Carbon Pulse - Mon, 2024-07-08 21:07
The European Commission pledged to work closely with India to help the country adapt to the incoming Carbon Border Adjustment Mechanism (CBAM) fees and introduce its own emissions pricing scheme, during a visit to New Delhi last week. 
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INTERVIEW: Indian developer targets bigger-scale ERW, lower prices

Carbon Pulse - Mon, 2024-07-08 21:07
An Indian project developer has ventured into the market for carbon credits from enhanced rock weathering (ERW), eyeing projects that generate more credits and at a lower price than other early movers.
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France tables CCS strategy, aiming to capture up to 8 MtCO2/y by 2030

Carbon Pulse - Mon, 2024-07-08 19:41
The French government put forward its carbon capture, utilisation, and storage (CCUS) strategy on Friday, outlining a roadmap to catch 4-8 million tonnes of CO2 per year by 2030, targeting hard-to-abate sectors of industry across four “CCS valleys”.
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Business coalition urges Japan to ramp up ambition in 2035 NDC

Carbon Pulse - Mon, 2024-07-08 19:33
A coalition comprising major tech companies and environmental groups in Japan has called on the government to set an aggressive emissions reduction target for its 2035 nationally determined contribution (NDC).
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UK Coal Authority to explore nature credits by 2026

Carbon Pulse - Mon, 2024-07-08 19:08
The public body in charge of managing the UK's coal mining legacy has released a nature recovery plan, seeking to include nature-related credits into its financial models by 2026.
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Proposed carbon levy estimated to have limited impact on Taiwan’s economy, ministry says

Carbon Pulse - Mon, 2024-07-08 18:19
Imposing a carbon levy on domestic emitters will likely have limited impact on Taiwan's overall economy, though it remains unclear whether the island will be able to launch its carbon pricing programme next year as planned, according to government meeting documents.
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Nordic cohort to develop biodiversity credit methodology for the offshore wind sector in the Baltic Sea

Carbon Pulse - Mon, 2024-07-08 17:21
A group of Nordic companies and research institutes have banded together to launch a project aimed at developing a biodiversity credit methodology for the offshore wind sector in the Baltic Sea.
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BRIEFING: Japan using its glut of gas to spread influence in Southeast Asia at the expense of the climate, critics say

Carbon Pulse - Mon, 2024-07-08 15:39
Japan is using its excess volumes of LNG to shape, and in many ways slow down, the energy transition in Southeast Asia, by financing gas infrastructure abroad and promoting transboundary CO2 markets as a decarbonisation solution that critics say is yet-to-be-proven and unrealistic. 
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Australian carbon aggregator, project developer lays off staff

Carbon Pulse - Mon, 2024-07-08 14:51
An Australian carbon credit provider has gone through a round of redundancies as part of an organisational restructure, Carbon Pulse has learned.
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