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Origin bid on hold as gas industry mulls price cap and is accused of being “bunch of bullies”

RenewEconomy - Tue, 2023-01-17 12:53

Liquefied natural gas lng carrier ship with five tanks 1200 - optimisedOrigin bidders ask for another week to crunch numbers of $18.4 billion offer amid gas price cap, accusations of gas industry bullying, and regulatory warnings.

The post Origin bid on hold as gas industry mulls price cap and is accused of being “bunch of bullies” appeared first on RenewEconomy.

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Carbon market reform might not be perfect policy, but it will be effective

RenewEconomy - Tue, 2023-01-17 12:52

Carbon market participants have discovered what the federal government's efforts to fight climate change will mean for them.

The post Carbon market reform might not be perfect policy, but it will be effective appeared first on RenewEconomy.

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Australia revokes industrial electricity, fuel efficiency methodology

Carbon Pulse - Tue, 2023-01-17 12:51
The industrial electricity and fuel efficiency (IEFE) methodology of generating carbon credits has been revoked from Australia’s Emission Reduction Fund, the Clean Energy Regulator (CER) announced Monday, and has been replaced by a new and improved version of the method.
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Australia connects 3GW of new capacity in 2022, must double that to reach renewable target

RenewEconomy - Tue, 2023-01-17 12:49

AEMO says it connected 2.9GW of new capacity in 2022, mostly wind and solar, but will need to double that over next eight years to meet government renewable targets.

The post Australia connects 3GW of new capacity in 2022, must double that to reach renewable target appeared first on RenewEconomy.

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Six factories planned to recycle end of life wind turbine blades in Europe

RenewEconomy - Tue, 2023-01-17 12:41

Danish start-up plans to build six new factories to recycle end-of-life wind turbine blades.

The post Six factories planned to recycle end of life wind turbine blades in Europe appeared first on RenewEconomy.

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Wind generation smashes annual and instant records in blustery start to new year

RenewEconomy - Tue, 2023-01-17 12:31

Hornsea 2 OrstedThe UK sets annual and instantaneous generation records for wind energy.

The post Wind generation smashes annual and instant records in blustery start to new year appeared first on RenewEconomy.

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As heatwaves and floods hit cities worldwide, these places are pioneering solutions

The Conversation - Tue, 2023-01-17 11:11
Australian cities remain woefully unprepared for the more extreme weather we are already seeing with climate change. But some cities overseas stand out for having developed readymade solutions. Thami Croeser, Research Officer, Centre for Urban Research, RMIT University Licensed as Creative Commons – attribution, no derivatives.
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Canadian investment firm joins with former MP to launch carbon credit venture

Carbon Pulse - Tue, 2023-01-17 08:16
A Canadian carbon credit investment firm announced on Monday a joint venture with a former Conservative MP from Alberta, aiming to generate technology-based offsets in partnership with municipalities and the federal government.
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WWF announces tool to help measure corporate impact and risks for biodiversity loss

Carbon Pulse - Tue, 2023-01-17 07:09
Conservation organisation WWF launched a new free-access tool on Monday intended to help companies and investors better understand their impacts and dependencies on biodiversity.
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Brussels competition chief Vestager, France align on EU industrial policy approach

Carbon Pulse - Tue, 2023-01-17 05:56
EU competition chief  Margrethe Vestager and French officials have released similar strategies on how the EU should respond to the US green stimulus package, with beefed-up subsidies and continued relaxation of state aid rules for key energy transition sectors at the heart of the plans.
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At Fitzroy Crossing and around Australia, community radio empowers local responses to climate impacts

The Conversation - Tue, 2023-01-17 05:04
Both when disaster strikes and when climate change has more everyday impacts, community radio stations play a leading role in helping locals understand and adapt to the challenges they face. Bridget Backhaus, Senior Lecturer in Journalism and Media Studies, Griffith University Kerrie Foxwell-Norton, Associate Professor in Journalism, Media and Communication, Griffith University Licensed as Creative Commons – attribution, no derivatives.
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Climate activists vow to take to streets to stop fossil fuel extraction

The Guardian - Tue, 2023-01-17 04:05

‘Cease and desist’ letter signed by over 650,000 people sent to oil and gas CEOs follows removal of Greta Thunberg from coal protest

Hundreds of thousands of young climate activists have said they will continue “protesting in the streets in huge numbers” against fossil fuels, a day after Greta Thunberg was removed by German police from a condemned village atop a massive coal deposit.

In a cease-and-desist letter to the CEOs of fossil fuel companies, youth campaigners accuse them of a “direct violation of our human right to a clean, healthy, and sustainable environment, your duties of care, as well as the rights of Indigenous people”.

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VCM Report: Bear market continues into 2023 as surplus of credits grows

Carbon Pulse - Tue, 2023-01-17 03:33
Standardised carbon credit prices slipped lower over the past week, particularly in nature-based contracts where the bearish trend was evident across the curve.
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Major commodities trader commits to buy 50,000 tonnes worth of removals

Carbon Pulse - Tue, 2023-01-17 02:06
A major trader of global commodities has made a commitment to purchase 50,000 tonnes of carbon removals by 2030 as a founding member of the First Movers Commission, it said on Monday.
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Warning of unprecedented heatwaves as El Niño set to return in 2023

The Guardian - Tue, 2023-01-17 02:00

Scientists say phenomenon coupled with growing climate crisis likely to push global temperatures ‘off the chart’

The return of the El Niño climate phenomenon later this year will cause global temperatures to rise “off the chart” and deliver unprecedented heatwaves, scientists have warned.

Early forecasts suggest El Niño will return later in 2023, exacerbating extreme weather around the globe and making it “very likely” the world will exceed 1.5C of warming. The hottest year in recorded history, 2016, was driven by a major El Niño.

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Africa carbon market initiative confirms next steps, secures upfront sales

Carbon Pulse - Tue, 2023-01-17 01:55
The Africa Carbon Markets Initiative (ACMI) advanced on its 13-point action programme on Monday, while revealing details on an already-secured $200 million in advance sales of carbon credits. 
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John Kerry backs UAE appointment of oil chief to oversee UN climate talks

The Guardian - Tue, 2023-01-17 01:16

US climate envoy says pick is a ‘terrific choice’ but activists equate pick to asking ‘arms dealers to lead peace talks’

US climate envoy John Kerry backs the United Arab Emirates’ decision to appoint the CEO of a state-run oil company to preside over the upcoming UN climate negotiations in Dubai, citing his work on renewable energy projects.

In an interview Sunday with the Associated Press, the former US secretary of state acknowledged that the Emirates and other countries relying on fossil fuels to fund their state coffers face finding “some balance” ahead.

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Carbon offsetting programme inks €50 mln deal with blockchain marketplace

Carbon Pulse - Tue, 2023-01-17 01:09
A firm that helps firms and individuals offset their climate impact has closed a sourcing deal worth up to €50 million to purchase carbon credits from a blockchain-based marketplace, they announced Monday.
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New measures to silence climate activists? They’ll only spur us on | Indigo Rumbelow

The Guardian - Tue, 2023-01-17 00:39

The UK government plans to give police even more power to lock us up. But it won’t stop us: this is about humanity’s future

  • Indigo Rumbelow is a supporter of Just Stop Oil and co-founder of Insulate Britain

On a day when swans were seen swimming through Worcester town centre after the latest flooding, the government has announced new measures to silence those of us pushing for more climate action.

The latest restriction on your freedoms involve the police in England and Wales having the power to shut down protests before disruption begins. The proposals will be part of an amendment to the public order bill, which already includes new stop and search powers and creates an offence of “locking on” to things.

Indigo Rumbelow is a supporter of Just Stop Oil and co-founder of Insulate Britain

Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here.

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UK minister underlines “economic opportunity” of net zero, confirms ETS reform in 2023

Carbon Pulse - Tue, 2023-01-17 00:02
UK climate minister Graham Stuart welcomed a recent review into the country's net zero strategy on Monday, highlighting the economic benefit of immediate climate action and confirming there would be developments on UK ETS reform in 2023.
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