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ACX joins Vietnamese real estate heavyweight to explore carbon markets

Carbon Pulse - Tue, 2023-12-19 16:26
ACX and Vietnamese player CT Group will explore building a carbon credit trading platform in the nation after signing a Memorandum of Understanding (MoU) at the beginning of the month, which was announced Tuesday.
Categories: Around The Web

NSW biodiversity market “not performing well”, needs overhaul, report says

Carbon Pulse - Tue, 2023-12-19 15:24
An independent government body has outlined five areas where New South Wales’ controversial state biodiversity market scheme could improve in a report published Tuesday.
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AZEC meeting commits to energy transition, plans for gas use along the way

Carbon Pulse - Tue, 2023-12-19 15:10
Japan, Australia, and the Association of Southeast Asian Nations (ASEAN) held the second Asian Zero Emission Community (AZEC) Summit over the weekend, just days after the COP28 summit wound up, committing to tackling climate change as a common global challenge while ensuring energy security and mitigating geopolitical risks.
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From dirty diesel to nearly 70pct solar powered, Lord Howe goes electric

RenewEconomy - Tue, 2023-12-19 14:38

Lord Howe has a solar farm and battery storage that is performing beyond expectations, and incorporating a growing fleet of EVs.

The post From dirty diesel to nearly 70pct solar powered, Lord Howe goes electric appeared first on RenewEconomy.

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Google inks solar farm deal in NSW Riverina to help big data go green

RenewEconomy - Tue, 2023-12-19 14:28

A business-critical data centre specialist and a global renewable energy provider are teaming up with tech giant Google to build new generation capacity in Australia's main electricity grid.

The post Google inks solar farm deal in NSW Riverina to help big data go green appeared first on RenewEconomy.

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Frontier beefs up solar and green hydrogen plans, as it joins renewables race in wild West

RenewEconomy - Tue, 2023-12-19 13:43

 Risen)The race to harness Western Australia's huge renewables potential has a new contender, following Frontier Energy's acquisition of Waroona Energy.

The post Frontier beefs up solar and green hydrogen plans, as it joins renewables race in wild West appeared first on RenewEconomy.

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Newest peaking gas plant fires up for first time: At least it’s connected to a pipeline

RenewEconomy - Tue, 2023-12-19 13:29

EnergyAustralia fires up country's newest peaking gas generator for first time. It won't likely be needed often, but at least it is connected to a pipeline.

The post Newest peaking gas plant fires up for first time: At least it’s connected to a pipeline appeared first on RenewEconomy.

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Iceland volcano in Reykjanes peninsula erupts after weeks of activity – video

The Guardian - Tue, 2023-12-19 13:14

Eruption comes a month after nearly 4,000 inhabitants of the fishing town of Grindavik were evacuated when the area was hit by a 'seismic swarm' of more than 1,000 earthquakes in 24 hours. The Reykjanes peninsula in recent years has seen several eruptions in unpopulated areas, but the latest outbreak could pose a risk to Grindavik, authorities say.

Continue reading...
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Earthquake kills more than 100 in north-west China

BBC - Tue, 2023-12-19 13:02
The 6.2 magnitude quake struck the remote province of Gansu around midnight local time on Monday.
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UN confirms Colombia as host for 2024 biodiversity COP

Carbon Pulse - Tue, 2023-12-19 12:46
Next year’s COP16 will be hosted by Colombia, the UN Convention on Biological Diversity (CBD) has confirmed.
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Renewables cover more than half of Germany’s electricity demand for first time in 2023

RenewEconomy - Tue, 2023-12-19 12:43

germany wind energyGermany has generated more than half of the electricity it used this year with renewable energy for the first time, new data shows.

The post Renewables cover more than half of Germany’s electricity demand for first time in 2023 appeared first on RenewEconomy.

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COP28 a “tragedy for the planet” as Stockholm Syndrome took hold

RenewEconomy - Tue, 2023-12-19 12:42

cropped-53366667625_7b441b593d_o-copy.jpegUp to 100,000 people — most of whom derive their professional status and income from climate-related politics, advocacy and business — flew into Dubai for COP28. The result was an unmitigated disaster.

The post COP28 a “tragedy for the planet” as Stockholm Syndrome took hold appeared first on RenewEconomy.

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“Certainty and continuity:” Bowen locks in Arena chief for another three years

RenewEconomy - Tue, 2023-12-19 12:38

Federal energy minister secures Darren Miller for a third term heading up Arena, to guide the agency through "a period of substantial growth."

The post “Certainty and continuity:” Bowen locks in Arena chief for another three years appeared first on RenewEconomy.

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Australia’s Clean Energy Regulator taps fintech firm to develop unit register, working with ASX on national exchange

Carbon Pulse - Tue, 2023-12-19 12:10
Australia’s Clean Energy Regulator (CER) has contracted a technology solutions firm to develop a unit and certificate register, as it works with the country’s stock exchange to develop a national carbon exchange.
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AGL to begin construction of Australia’s biggest “grid forming” battery in 2024

RenewEconomy - Tue, 2023-12-19 11:11

liddell battery agl energy NSW hunterAGL's 500MW/1,000MWh Liddell battery – Australia's biggest battery with grid-forming inverter capabilities – will begin construction in the new year.

The post AGL to begin construction of Australia’s biggest “grid forming” battery in 2024 appeared first on RenewEconomy.

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You can’t make a net-zero Australia on a gas cooktop | Tristan Edis

The Guardian - Tue, 2023-12-19 11:08

There must be trade-offs if we are to get serious about cutting emissions – and phasing out gas appliances is one of the easiest

In the Climate Change Authority’s inaugural annual review of Australia’s emission reduction progress, it warned us: “There are some hard decisions and trade-offs we, as a society and as individuals, need to make together for a successful transition to a net zero economy.”

In many cases it will fall to politicians to make these trade-offs on our behalf and there will be a range of people and industries significantly affected.

Continue reading...
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Australia's freight used to go by train, not truck. Here's how we can bring back rail – and cut emissions

The Conversation - Tue, 2023-12-19 11:03
Trains once carried most of our freight. Could a return to rail help us meet our emissions cutting goals? Philip Laird, Honorary Principal Fellow, University of Wollongong Licensed as Creative Commons – attribution, no derivatives.
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CP Daily: Monday December 18, 2023

Carbon Pulse - Tue, 2023-12-19 10:53
A daily summary of our news plus bite-sized updates from around the world.
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US carbon developer’s partnership with oil major pursues grassland credits

Carbon Pulse - Tue, 2023-12-19 10:39
A Texas-based nature-based developer announced an agreement on Monday with a global oil major to develop a programme to revitalise US grasslands.
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Wasted wind power adds £40 to household energy bills, says think tank

BBC - Tue, 2023-12-19 10:05
When it is very windy the grid cannot handle the extra power generated, says Carbon Tracker.
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