Feed aggregator
Record low for new coal, but retirements must speed up to meet climate commitments, report says
Last year was a record two decade-low for global coal-fired power plant additions, with just 44 gigawatts of new capacity and 25.2 GW retired for a net gain of 18.8 GW, or a total increase of 1%, a think tank said Thursday.
Categories: Around The Web
Coal-to-gas switching in Asia difficult to prove, Woodside CEO says
Woodside Energy CEO Meg O’Neill has acknowledged it is difficult to prove that its cargoes of its LNG are displacing coal-fired power plants in Asia, despite it being a key talking point to justify the company’s growth strategy for years.
Categories: Around The Web
What Donald Trump’s dramatic US trade war means for global climate action
The trade war is likely to lead to more energy-intensive goods produced in the US, and dampen international investment in renewable energy.
Rakesh Gupta, Associate Professor of Accounting & Finance, Charles Darwin University
Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web
Environmental markets non-profit names new head
A leading environmental markets advocacy group has named a new director.
Categories: Around The Web
Victoria needs at least another 2 GW of committed capacity before next coal closure, says state energy chief
The post Victoria needs at least another 2 GW of committed capacity before next coal closure, says state energy chief appeared first on RenewEconomy.
Categories: Around The Web
Why Trump’s tariffs shock could be good for Australia’s green energy transition
The post Why Trump’s tariffs shock could be good for Australia’s green energy transition appeared first on RenewEconomy.
Categories: Around The Web
Asian financial firms staying the course on climate, but report pushes for greater ambition
A growing number of institutional investors in Asia are integrating climate into their processes, but the speed and scale are still lagging what is needed to limit global warming to the levels that have the greatest net economic benefit to the region, according to a report published Thursday.
Categories: Around The Web
North American Clean Fuels Markets: Evolving regulatory, political landscape drives credit price shifts
California’s Low Carbon Fuel Standard (LCFS) credit values decreased heading into April amid regulatory silence while Washington’s Clean Fuel Standard (WCFS) units rose to year-to-date highs supported by progress on a legislative effort to strengthen the scheme, as recent political developments continued to weigh on North American clean fuels markets.
Categories: Around The Web
High network tariffs threaten Europe’s decarbonisation
High network tariffs – and projections of further increases still – are making businesses uncompetitive and disincentivising the electrification Europe depends on for net zero, said electricity and industry groups on Wednesday.
Categories: Around The Web
Canada could lead data centre development by balancing natural gas and CCS, experts say
Canada is positioned to be a leader in data centre development because of the country’s low-carbon energy sources, carbon capture and storage (CCS) opportunities, and regulatory frameworks, experts said on a webinar Wednesday.
Categories: Around The Web
Labor will announce home battery rebate in “coming days,” says federal treasurer
The post Labor will announce home battery rebate in “coming days,” says federal treasurer appeared first on RenewEconomy.
Categories: Around The Web
DAC energy, water consumption needs to be addressed before further buildout -analysis
As the US considers buildout of direct air capture (DAC) projects, a climate non-profit is urging developers to consider the impacts on energy and water resources.
Categories: Around The Web
Scientists worked with Warlpiri to track down bilby poo – and uncover clues to help conserve these iconic animals
As Australia confronts biodiversity loss, this research underscores the importance of listening to those who know Country best.
Hayley Geyle, Ecologist, Charles Darwin University
Cathy Robinson, Principal Research Scientist, CSIRO
Christine Schlesinger, Associate Professor in Environmental Science, Charles Darwin University
Helen Wilson, Lead Ranger, North Tanami Rangers, Indigenous Knowledge
Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web
UK-EU link could help business, carbon price volatility -report
Linking the UK and EU emissions trading systems could benefit British businesses and help with price stability in the UK ETS, said a report on Thursday.
Categories: Around The Web
The Driven Podcast: Kia takes on the Chinese EV giants
The post The Driven Podcast: Kia takes on the Chinese EV giants appeared first on RenewEconomy.
Categories: Around The Web
Drax received higher UK renewables subsidies in 2024, mostly for biomass -report
UK power company Drax earned its second-highest level of public subsidies for biomass generation last year through the country's renewable support scheme, according to an analysis published on Thursday.
Categories: Around The Web
Gas-fired power generators pushing CCS additions as electricity demand surges -experts
As AI growth and data centres continue fuelling demand for electricity, baseload power providers are prioritising speed for getting new generation capacity online while planning for carbon capture and sequestration (CCS) additions years down the road, market experts said Wednesday during the UT Energy Week conference.
Categories: Around The Web
Brazilian REDD+ credits could reach $16/t by 2035, but future dependent on domestic emissions reductions -report
Brazil’s REDD+ carbon credits are expected to rise to $16 per tonne by 2035 and play a role in determining the marginal price of nature-based solutions (NbS) credits, but this impact will depend on the country’s ability to reduce its own emissions, according to a new report.
Categories: Around The Web
TIER transaction volumes in March remain high, price recovers slightly post February tumble
The Alberta Technology Innovation and Emission Reduction (TIER) programme’s spot price rose in March after a major decline in February, with no new offsets or EPCs serialised for the month, according to a report published Tuesday.
Categories: Around The Web
New York Senate targets gas corps for CCS implementation
Gas corporations would have to implement and help advance carbon capture and storage (CCS) technologies under a proposed New York Senate bill – potentially moving the needle on targets outlined in the state’s flagging GHG abatement act.
Categories: Around The Web