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PM says Britain can ‘win the race’ as Trump’s election casts doubt on global efforts to tackle climate change

Britain has a “huge opportunity” to get ahead of other countries in the race for green investment after the election of Donald Trump as US president, Keir Starmer has said, as he arrives in Azerbaijan for the Cop29 summit.

Trump’s election victory last week has cast doubt on global efforts to tackle climate change, which the president-elect has called a “hoax”. But as the most senior world leader attending the summit in Baku, Starmer said the global political turmoil could benefit the UK economy.

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Households can expect to start paying more for their annual gas bills, as authorities move to "smooth" out the cost of the gas network death spiral being wrought by the electrification of everything.

The post Regulator agrees to “smooth” cost of gas network death spiral as electrification reality dawns appeared first on RenewEconomy.

Rooftop solar meets more than 80 per cent of generation in landmark moment in W.A., which hosts the world's largest isolated grid.

The post Rooftop solar delivers 80 pct share of generation in landmark moment in world’s biggest isolated grid appeared first on RenewEconomy.

The so-called corpse plant takes a decade to flower – and when it does, the blossom lasts just 24-48 hours and smells of rotting flesh. Guardian Australia's Henry Belot went along to take whiff

• ‘I can hear dry-retching from inside’: queuing for hours to smell Geelong’s corpse plant

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NSW has closed a controversial planning loophole that allowed "vexatious neighbours" to block new wind farms, in welcome updates to the state's Renewable Energy Planning Framework.

The post Big win for wind industry as planning changes tighten rules on “phantom dwellings” appeared first on RenewEconomy.

Low pressure troughs sitting over swaths of the country are being charged by warmer-than-average ocean temperatures, weather expert says

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Days of severe storms have been forecast for every mainland state and territory in Australia this week, with possible wind gusts, heavy rain, large hail and flash flooding on the cards.

Weatherzone meteorologist Ben Domensino said “millions of lightning strikes” were also expected across the country.

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Using LED lighting on the underside of surfboards or kayaks could deter great white shark attacks, new research suggests. An Australian-led study found lighting disrupted the ability of great whites to see silhouettes against the sunlight above, reducing the rate at which the sharks followed and attacked seal-shaped decoys. 'We think this tells us a lot about how sharks see the world and how they detect and target their prey,' Macquarie University's Prof Nathan Hart says. 'But it also potentially gives us an insight in to how we can develop a non-lethal shark deterrent.'

• LED lights on underside of surfboards may deter great white shark attacks

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With the global carbon budget for a 1.5 C rise in temperatures set to be exceeded, researchers have floated the idea of assigning rich countries responsibility for extra emissions reductions and carbon removals in addition to achieving their own national targets.

Economists and forestry researchers are working with Verra to develop a framework to better account for the full extent of forest carbon leakage in Improved Forest Management (IFM) projects, including the market-based responses of the global timber market.

RGGI Allowances (RGA) rallied briefly back above $24 post US election results last week, but gave back some gains as market focus returns to clarity on proposed programme changes.

A barrage of developments has come out of Brazil in the week ending Nov. 10 as carbon market observers wait with bated breath for congressional ETS approval this week, setting the stage for a dynamic first week at COP29 in Baku, Azerbaijan.

A bipartisan trio of US House Representatives on Friday introduced a bill to extend a biofuels tax credit by a year as producers await guidance on a key incentive.

Latest data shows that G20 countries alone provided $A1.7 trillion of fossil fuel subsidies in 2022, and Australia gets a mixed review.

The post Annual global fossil fuel subsidies jump to $1.7 trillion – just in the G20 appeared first on RenewEconomy.

The biggest battery storage tender to be held in Australia will open this week, with more than 4 GW and 16 GWh sought.

The post Australia’s biggest ever battery storage tender to open this week appeared first on RenewEconomy.

National renewable targets will lead to a doubling of global capacity by 2030, far from the goal of tripling the total that was agreed one year ago at the COP29 climate conference.

Exclusive: Target is 81% emissions cut compared with 1990, but activists say it must be backed by plan of action

Keir Starmer will announce a stringent new climate goal for the UK on Tuesday, the Guardian can reveal, with a target in line with the advice given to the government by its scientists and independent advisers.

The UK will pledge to cut emissions by 81% compared with 1990 levels by 2035, a target in line with the recommendations of the Climate Change Committee.

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The succession of authoritarian fossil fuel producers hosting international climate negotiations is a concern. We must pay attention to political influences on the talks and beware of greenwashing. Ellie Martus, Senior Lecturer in Public Policy, School of Government and International Relations, Griffith University Fengshi Wu, Associate Professor in Political Science and International Relations, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.

Extreme weather is already costing vulnerable island nations US$141 billion each year. How should rich nations contribute and who should pay the most? Nina Ives, PhD Candidate in Climate Change, Auckland University of Technology David Hall, Senior Lecturer in Social Sciences and Public Policy, Auckland University of Technology Licensed as Creative Commons – attribution, no derivatives.

Agreement on rules paving way for rich countries to pay for cheap climate action abroad breaks years-long deadlock

Diplomats have greenlit key rules that govern the trade of “carbon credits”, breaking a years-long deadlock and paving the way for rich countries to pay for cheap climate action abroad while delaying expensive emission cuts at home.

The agreement, reached late on the first day of Cop29 in Azerbaijan, was hailed by the hosts as an early win at climate talks that have been snubbed by prominent world leaders and clouded by the threat of a US retreat from climate diplomacy after Donald Trump’s victory in the presidential election.

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The political push to massively electrify energy systems risks making them more vulnerable to climate change, said the chief transition officer of the Flemish distribution system operator (DSO) at an event in Brussels.