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Global compliance market value to grow 5% in 2023 despite drop in traded volumes –report

Carbon Pulse - Tue, 2023-10-31 12:27
Compliance carbon markets are expected to grow by around 5% in 2023, despite a predicted decline in total trading volumes as a consequence of the war in Ukraine, according to a new report.
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Energy Insiders Podcast: The end of spinning machines

RenewEconomy - Tue, 2023-10-31 12:15

Energy Insiders podcastIvor Frischknecht, now head of Sosteneo, talks about the new battery that signals the end of the need for spinning machines, and a clear path to 100 per cent renewables. Plus: All Energy and Joyce.

The post Energy Insiders Podcast: The end of spinning machines appeared first on RenewEconomy.

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CP Daily: Monday October 30, 2023

Carbon Pulse - Tue, 2023-10-31 12:09
A daily summary of our news plus bite-sized updates from around the world.
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“Significant scale-up:” Arena caps off first decade with record year of funding

RenewEconomy - Tue, 2023-10-31 11:45

Arena says it approved a record amount of funding in 2022-23 to projects valued at over $3.5 billion, with a focus on cheap solar and battery storage.

The post “Significant scale-up:” Arena caps off first decade with record year of funding appeared first on RenewEconomy.

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The right is firing misinformation bullets in its climate war on renewables – here’s a way to fight back | Peter Lewis

The Guardian - Tue, 2023-10-31 11:26

In the disinformation age it’s not enough for us to shake our heads about the lies the other side perpetrates

Fresh from dragging an invitation for reconciliation into a mire of racial division, the reactionary right is prepping a new community consensus to infect, recasting the transition to renewables as a reckless attack on the environment.

The Albanese government’s election mandate to achieve net zero emissions by 2050, kick-started with a rapid transition to renewables including a 43% target by 2030, has shifted the climate agenda from advocacy to action.

Continue reading...
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Solar and efficiency take big bite out of sales from Australia’s biggest utility

RenewEconomy - Tue, 2023-10-31 10:50

Solar panelsOrigin says it electricity sales are down six per cent due to growth of solar and efficiency, while gas generation has slumped 21 per cent.

The post Solar and efficiency take big bite out of sales from Australia’s biggest utility appeared first on RenewEconomy.

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Australia’s biggest coal generator fined for failing to deliver promised grid services

RenewEconomy - Tue, 2023-10-31 10:47

Australia's biggest coal generator hit with major fines for failing to deliver the essential grid services that it had promised and for which it was paid.

The post Australia’s biggest coal generator fined for failing to deliver promised grid services appeared first on RenewEconomy.

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Queensland has a great renewable future – but not with big pumped hydro

RenewEconomy - Tue, 2023-10-31 10:30

The benefits of building the new wind and solar will be lost if Queensland persists with its overly expensive and unnecessary long duration pumped hydro.

The post Queensland has a great renewable future – but not with big pumped hydro appeared first on RenewEconomy.

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Corio says environmental surveys “well advanced” in Australia’s first offshore wind zone

RenewEconomy - Tue, 2023-10-31 10:25

offshore wind core generationCorio Generation says it is on-schedule to complete environmental survey assessments for the proposed Great Eastern Offshore Wind farm.

The post Corio says environmental surveys “well advanced” in Australia’s first offshore wind zone appeared first on RenewEconomy.

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Ulez expansion: 45% fewer ‘dirty’ vehicles now on London’s roads, says TfL

The Guardian - Tue, 2023-10-31 10:01

Sadiq Khan hails ‘huge progress’ as progress report finds more than 95% of vehicles are now compliant

The number of the most polluting vehicles driven in London has fallen by almost half since the capital’s ultra-low emission zone (Ulez) was expanded, taking almost 80,000 older cars off the roads.

About 77,000, or 45%, fewer non-compliant cars and vans were detected on average a day in September, the first month of operation of the expanded zone – compared with June 2023.

Continue reading...
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Government regulation is most important driver of energy transition for businesses, report finds

Carbon Pulse - Tue, 2023-10-31 10:01
Most businesses around the world say government regulation is the most important driver when it comes to accelerating their own transition to cleaner energy, outweighing the impact of pressure from consumers and investors, according to a report released Tuesday.
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Market steps into the unknown to supply adjusted CORSIA-eligible units

Carbon Pulse - Tue, 2023-10-31 09:22
Demand for credits eligible for the first full phase of the CORSIA is building ahead of the aviation offset scheme's transition next year, but market participants are questioning whether supply of the required correspondingly-adjusted credits will be available, a conference heard on Monday. 
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Climate change a much greater threat to whales than offshore wind, study finds

RenewEconomy - Tue, 2023-10-31 09:13

New scientific report finds the impact on whales from offshore wind farm development is minimal – and much less serious than the threat from climate change.

The post Climate change a much greater threat to whales than offshore wind, study finds appeared first on RenewEconomy.

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Band walks 870 miles to complete Wales tour

BBC - Tue, 2023-10-31 09:00
While Beyoncé uses private jets, Filkins Drift walked to their gigs, carrying their instruments.
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Finland extends life of last coal generator for three years, despite spending billions on nuclear

RenewEconomy - Tue, 2023-10-31 08:58

Finland joins another nuclear dependent country France in extending the life of its last coal generators to avoid blackouts over winter.

The post Finland extends life of last coal generator for three years, despite spending billions on nuclear appeared first on RenewEconomy.

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Electric hot water is a hero of flexible demand. Where does it stand in the age of rooftop solar?

RenewEconomy - Tue, 2023-10-31 08:38

Electric hot water has been a valuable controlled load tool for the grid for decades. But can we sell the concept to customers in the age of rooftop solar?

The post Electric hot water is a hero of flexible demand. Where does it stand in the age of rooftop solar? appeared first on RenewEconomy.

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Researchers propose new pricing approach to restore faith in voluntary carbon markets

Carbon Pulse - Tue, 2023-10-31 08:22
Researchers have unveiled a new approach to valuing carbon credits that they say brings much-needed transparency, accountability, and comparability to the global voluntary carbon markets, specifically nature-based projects.
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VCM Report: Early October enthusiasm for carbon credits fades after Kariba bad press

Carbon Pulse - Tue, 2023-10-31 07:47
Activity in the voluntary carbon market dried up over the past last week compared to the flourish seen at the start of the fourth quarter, with confidence knocked by another dose of negative press about the troubled Kariba REDD project in Zimbabwe.
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Victoria’s new SEC to establish one-stop-shops for householder electrification

RenewEconomy - Tue, 2023-10-31 06:47

Victoria's strategy to electrify the state at scale, and fast, is to revamp the public-owned electricity authority and create one-stop shops for consumers.

The post Victoria’s new SEC to establish one-stop-shops for householder electrification appeared first on RenewEconomy.

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Canadian hydrogen from natural gas labelled as CO2-free gets $10 mln for South Korea’s net zero goal

Carbon Pulse - Tue, 2023-10-31 06:41
A Canadian hydrogen company announced Monday that it has secured $10 million in funding to develop a supply chain of CO2-free hydrogen and ammonia from natural gas for South Korea to meet its net zero ambitions, in partnership with a Korean energy company.
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