RenewEconomy
Morrison finds shameless new way to fake climate action as world steps up
As major emitters took major steps to enhancing climate action, Scott Morrison figured out a stunning new way to fake emissions reductions.
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Biden pledges to slash emissions by at least half by 2030, Japan and Canada follow suit
Joe Biden has confirmed the new climate target for the United States will be to slash emissions by at least half by 2030. Australia refuses to budge.
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No, Australia isn’t beating other countries on climate
Australia's government keeps claiming that is it beating a selection of other countries on climate. We decided to check the numbers.
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Taylor expected to release ESB vision for future energy market next week
Key energy market reform proposals that could recommend a scheme to subsidise coal and gas generators.
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APRA warns banks will face lawsuits if they fail to account for climate risks
Financial services regulator issues draft guidance on the financial risks of climate change, flagging increased prospects of threats of climate litigation.
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Coles signs two major new offtake deals with Neoen and Engie
Coles Group signs separate deals with Engie and Neoen to buy large-scale generation certificates from a range of operational wind and solar projects.
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Big boost for battery storage in new rules that reward fast response on grid
New rules will create a market that favours the fast response of battery storage, wind and solar plants, helping the transition away from coal and gas generators.
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Morrison’s last minute climate token: $70m a year for ‘international partnerships’
New initiatives mean Morrison will now go to Biden's climate summit with $1.1 billion of promised investment, but no new emissions targets.
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The scary climate assumptions driving Toyota’s go slow on electric cars
Toyota's go slow on the rollout of pure battery electric vehicles appears based on the assumption of a climate catastrophe.
The post The scary climate assumptions driving Toyota’s go slow on electric cars appeared first on RenewEconomy.
Waking the sleeping dragon – why Safeguard Mechanism may soon be tightened
The recent trend has been to relax guidelines on the safeguard mechanism, but that may soon change with a net zero emissions target.
The post Waking the sleeping dragon – why Safeguard Mechanism may soon be tightened appeared first on RenewEconomy.
Batteries, solar and wind can easily maintain grid security as coal retires
The grid is making a rapid transition towards 100% renewables, but do we know for sure how to keep the grid stable without any ‘synchronous’ coal generators?
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AGL boss Brett Redman resigns as Australia’s biggest emitter wrestles with asset split
AGL CEO Brett Redman resigns with immediate effect, just as the country's biggest coal generator wrestles with complexity of splitting its business in two.
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Morrison dodges net zero, throws cash at blue hydrogen and CCS instead
The $540 million plan will fund carbon capture and storage technology and methods for making 'clean' hydrogen out of gas or coal.
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Australian airports are ideal hosts for large-scale solar installations, researchers say
Researchers measure the significant untapped potential of Australian airports as ideal hosts for large-scale solar.
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Tiger Pro 54p, JinkoSolar’s Brand New Product to Lead Distribution Market
At present, the distribution market PV demand is increasing year by year. According to IHS, the CAGR for distribution market of PV modules in 2020-2024 will reach 9.81%.
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Oceanex eyes massive 10GW of offshore and floating wind farms in Australia
Oceanex Energy hopes to develop more than 9GW of offshore and floating wind farms in Australia, and another 3GW in New Zealand.
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Gigawatt-scale Queensland wind complex gets development green light
Acciona's plans to develop a wind energy precinct of more than 1000MW in south-west Queensland have been given the green light by the state government.
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CEC calls for managed phase out of Australia’s remaining coal generators
Clean Energy Council calls on federal government to lead a managed phase-out of Australia's coal-fired power plants, to avoid a disorderly energy transition.
The post CEC calls for managed phase out of Australia’s remaining coal generators appeared first on RenewEconomy.
Energy giant Stanwell flags coal exit as it pivots to renewables and storage
Queensland's state-owned energy generator may put its two coal plants on "standby" mode as more renewables come onto the grid.
The post Energy giant Stanwell flags coal exit as it pivots to renewables and storage appeared first on RenewEconomy.
Amazon signs up nine wind and solar farms to become world’s biggest corporate buyer
Amazon signs up for nine new wind and solar projects in North America and Europe, to become the largest corporate buyer of renewable energy in the world.
The post Amazon signs up nine wind and solar farms to become world’s biggest corporate buyer appeared first on RenewEconomy.