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Germany’s last solar module factory threatens to close, as China’s grip distorts market

RenewEconomy - Fri, 2024-01-19 14:30

Germany's last solar module plant – and the largest in Europe – is preparing to close, as the glut of China panels makes business unsustainable.

The post Germany’s last solar module factory threatens to close, as China’s grip distorts market appeared first on RenewEconomy.

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A record 63 billion-dollars of weather disasters hit Earth in 2023

RenewEconomy - Fri, 2024-01-19 13:23

Seven nations had their most expensive weather disaster on record in the last 12 months, and the continent of Africa suffered two of its deadliest.

The post A record 63 billion-dollars of weather disasters hit Earth in 2023 appeared first on RenewEconomy.

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Singapore NBS firm expands, expects first credits from Philippine forest project next year

Carbon Pulse - Fri, 2024-01-19 13:17
A Singapore-based nature-based solutions company is expanding in the Southeast Asia region, aiming to begin offering credits from its projects by next year.
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NZU demand expected to increase, Carbon Fund says

Carbon Pulse - Fri, 2024-01-19 13:05
Increased economic activity and the removal of the Clean Car Discount (CCR) scheme is likely to see an increased demand for NZUs, according to Salt Fund Management’s Carbon Fund, as its value continues to recover.
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Neoen calls time on pioneering off-grid solar and battery project, decommissions Degrussa

RenewEconomy - Fri, 2024-01-19 12:02

Less than a decade after it was built to power a remote WA copper mine, Neoen confirms it will dismantle the Degrussa solar and battery project. But what will become of the panels?

The post Neoen calls time on pioneering off-grid solar and battery project, decommissions Degrussa appeared first on RenewEconomy.

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Northvolt secures funds for first circular battery gigafactory in western world

RenewEconomy - Fri, 2024-01-19 11:45

Swedish battery manufacturer secures mammoth $US5bn loan to help develop Northvolt Ett gigafactory and adjacent battery recycling plant, Revolt Ett.

The post Northvolt secures funds for first circular battery gigafactory in western world appeared first on RenewEconomy.

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CP Daily: Thursday January 18, 2024

Carbon Pulse - Fri, 2024-01-19 11:19
A daily summary of our news plus bite-sized updates from around the world. 
Categories: Around The Web

WCI Markets: CCAs surge on thin volumes, WCAs continue to dive

Carbon Pulse - Fri, 2024-01-19 11:04
California Carbon Allowance (CCA) prices again broke all-time records this week, although on notably smaller volumes, while Washington Carbon Allowance (WCA) prices continued to decline with a dearth of market activity.
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UK mining giant invests in Chilean blue carbon offset project

Carbon Pulse - Fri, 2024-01-19 10:08
A UK-based global mining company is backing a Chilean developer presenting what it claims to be the nation's first blue carbon offset project, developed alongside a university and aquacultural innovation centre.
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Solar farms face “large, unpredictable” revenue swings as marginal loss factors strike again

RenewEconomy - Fri, 2024-01-19 10:08

Clean Energy Investor Group warns solar projects in parts of NSW and Victoria face big hits to revenue, as "old issues around MLFs come back to haunt the industry."

The post Solar farms face “large, unpredictable” revenue swings as marginal loss factors strike again appeared first on RenewEconomy.

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Vermont lawmakers introduce climate “superfund” legislation

Carbon Pulse - Fri, 2024-01-19 08:46
Over 100 Vermont legislators have sponsored two companion bills targeting the fossil fuel industry to compensate for their greenhouse gas (GHG) emissions, with the resulting revenues to be used for climate infrastructure developments in the state.
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US govt finalises $1.1 bln award to California’s Diablo Canyon nuclear plant

Carbon Pulse - Fri, 2024-01-19 08:28
The US Department of Energy (DOE) on Wednesday confirmed signage of the $1.1 billion credit payment to extend the operation of California’s Diablo Canyon power plant in pursuit of a carbon pollution-free electricity sector by 2035.
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Stick to the plan: Lights won’t go out when Eraring closes on schedule

RenewEconomy - Fri, 2024-01-19 07:45

CSIRO_ScienceImage_9227_Eraring_Power_StationConsistent with AEMO's own modelling, our new analysis reconfirms there is no material electricity reliability gap for NSW if Eraring closes on schedule.

The post Stick to the plan: Lights won’t go out when Eraring closes on schedule appeared first on RenewEconomy.

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Industrial powerhouse invests in US university’s innovative membrane CCS technology

Carbon Pulse - Fri, 2024-01-19 07:45
A US academic institution that was recently awarded Department of Energy (DOE) funding, will receive assistance from a global building materials manufacturer and a technology research firm to scale its industrial carbon capture initiative.
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Leading insurers do not plan to cover controversial East African oil pipeline

Carbon Pulse - Fri, 2024-01-19 05:51
Over two dozen insurers and reinsurers have stated that they have no plans to offer insurance to a controversial proposed oil pipeline in East Africa, according to a coalition of environmentalist groups opposing the project.
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US Senate Committee advances bill to study GHG emissions from certain domestic, overseas products

Carbon Pulse - Fri, 2024-01-19 05:45
US Senate Commitee on Environment and Public Works approved the PROVE IT Act on Wednesday, which seeks to gather and compare emissions data from the production of a variety of products in the US and a number of other countries.
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Bee-harming neonicotinoid pesticide has emergency approval again

BBC - Fri, 2024-01-19 05:04
Permission to treat sugar beet seeds with a pesticide that can harm bees is given by the government.
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Trash TV: streaming giants are failing to educate the young about waste recycling. Here's why it matters

The Conversation - Fri, 2024-01-19 04:58
An essential part of managing a growing global waste problem is sorting, recovering and recycling it. But you won’t see this on children’s shows that feature waste collection. Salman Shooshtarian, Senior Lecturer, School of Property, Construction and Project Management, RMIT University Licensed as Creative Commons – attribution, no derivatives.
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EU lawmakers call for strategy to tap into full geothermal potential

Carbon Pulse - Fri, 2024-01-19 03:35
The vast majority of the European Parliament's members called on the European Commission to unlock geothermal energy across the bloc, in a vote in Strasbourg on Thursday.
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EU blindly following SBTi after banning climate claims from offset use, warns lawyer

Carbon Pulse - Fri, 2024-01-19 03:32
EU parliamentarians have “blindly followed the Science Based Target initiative (SBTI)” after voting to endorse an EU deal to ban misleading carbon neutral claims if they rely on carbon credits, a lawyer warned Thursday.
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