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Experts call for ‘loss and damage’ fund for nature in developing world
Rich nations should pay for biodiversity loss, which disproportionately affects poor countries, say scientists
Wealthy countries should pay for the loss and damage they cause to nature in poorer countries in the same way as for climate impacts, researchers have argued.
At the Cop27 climate talks in November, world leaders agreed to a dedicated “loss and damage” fund providing financial assistance to poor nations stricken by climate disaster. More developed countries, which are largely responsible for driving climate breakdown, are to pay compensation to poorer nations, which are typically more vulnerable to its impacts.
Continue reading...Major blue carbon project gets Pakistan govt approval to operate in voluntary market
Weather tracker: power prices dip to negative in Europe amid clean energy boost
Low demand combined with sunny conditions and meltwater lifts hydro and solar production
Over the last week, several European countries had power prices in the wholesale energy market dip into negative values during daylight hours. The decline in prices was mostly driven by the abundance of available energy generated by renewable sources, combined with the relatively low demand for energy for heating or cooling, caused by normal springtime temperatures.
Negative prices often occur when there is an excess supply of electricity in the market. This can happen when renewable energy sources such as wind, solar, or hydro produce a large quantity of electricity which exceeds demand and cannot be stored for later use. In such cases, producers may offer negative prices to incentivise wholesale consumers to take the surplus electricity off the grid and avoid overloading the system. This situation occurred due to an area of high pressure dominating across much of central and north-west Europe, providing lots of solar power generation across the area. Meanwhile, Finland experienced an oversupply of hydroelectric power resulting from excessive springtime meltwater which in turn led to negative prices here as well.
Continue reading...Environmental Consultant (Nature-Based Solutions), Corporate Carbon – Sydney
Chair, Emissions Reduction Assurance/Carbon Abatement Integrity Committee – Canberra
Senior Policy Analyst, Market Development, NZ Ministry for the Environment – Wellington
First major solar farm to be added to a big battery starts operations in Australia
Reverse engineering: First solar farm to be built next to a pre-existing battery project sends its first output to the grid.
The post First major solar farm to be added to a big battery starts operations in Australia appeared first on RenewEconomy.
Greening Australia appoints new CEO
Australian agri-food tech investor launches carbon, climate focussed start-up accelerator
Wind out-powers hydro for five hours on Tasmania grid, allowing utility to cash in
Windy conditions in south-eastern Australia last week led to an interesting energy generation mix for Tasmania, including more wind than hydro.
The post Wind out-powers hydro for five hours on Tasmania grid, allowing utility to cash in appeared first on RenewEconomy.
Singapore hydrogen tech startup SunGreenH2 eyes Melbourne talent with new hub
The startup is offering 30 jobs at its new site but will need to compete hard for a limited number of skilled hydrogen employees.
The post Singapore hydrogen tech startup SunGreenH2 eyes Melbourne talent with new hub appeared first on RenewEconomy.
Putting green hydrogen plants next to green steelworks would kickstart both industries
Co-locating plants in sun-rich, iron-rich parts of Australia can help overcome the “first mover problem” for green hydrogen. Here's how it would work.
The post Putting green hydrogen plants next to green steelworks would kickstart both industries appeared first on RenewEconomy.
Squadron forges ahead with 400MW wind and big battery project in NSW
Andrew Forrest's Squadron Energy says an Environmental Impact Statement is underway for proposed wind farm and battery in Wiradjuri Country.
The post Squadron forges ahead with 400MW wind and big battery project in NSW appeared first on RenewEconomy.
Australian oil and gas company Beach makes move into offshore wind
Belgian company Parkwind teams up with Australia oil and gas company Beach in an effort to beat a powerful field of licence applicants.
The post Australian oil and gas company Beach makes move into offshore wind appeared first on RenewEconomy.
NZ Carbon Fund takes a 20% hit as low NZU price bites
Australian shelters and pounds kill 50,000 mostly healthy cats and kittens in a year. There's a way to prevent this pointless killing
VNI West: AEMO finds new route to allay opposition with good and bad news for renewables
AEMO proposes new route for VNI West transmission link to avoid wetlands and irrigated crops, but there is good and bad news for renewables developers.
The post VNI West: AEMO finds new route to allay opposition with good and bad news for renewables appeared first on RenewEconomy.
3 little-known reasons why plastic recycling could actually make things worse
Ukraine built more onshore wind turbines last year than England
Revelation about war-torn country is ‘terrible indictment’ of UK government, says Ed Miliband
Ukraine has completed more onshore wind turbines than England since it was occupied by Russian soldiers – despite the UK’s government’s promise to relax restrictions on onshore wind farms.
Only two onshore wind turbines have been installed in England since Russia invaded Ukraine in February last year, generating 1 megawatt (MW) of electricity in the Staffordshire village of Keele.
Continue reading...The vanishing swifts from the sky above my shed are a sad omen | Henry Porter
On 7 May, I tweeted that swifts had appeared in the skies over the shed where I write on the same day in 2022, and predicted, if they kept to their schedule, they would leave overnight on 7 August. My excitement was short-lived. I’ve seen no more than three or four breeding pairs over the village of Blockley, Gloucestershire, whereas last year I estimated 16 to 20 pairs and an end of season exodus of between 50 and 60 birds.
My figures are hardly scientific, but they suggest a decline of between 75% and 85% on last year, an acceleration in an established trend that shows a loss of 60% of swift numbers since 1995.
Continue reading...