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Ratings agency worried about cost blowouts at Snowy pumped hydro and gas projects

RenewEconomy - Mon, 2022-12-19 17:01

AAP - Snowy Hydro Tumut 3 - optimisedSnowy Hydro on negative ratings watch because of likely cost blowouts and delays at its Snowy 2.0 pumped hydro and Kurri Kurri gas projects.

The post Ratings agency worried about cost blowouts at Snowy pumped hydro and gas projects appeared first on RenewEconomy.

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Japan government fund to back biochar, seaweed carbon projects

Carbon Pulse - Mon, 2022-12-19 17:01
A Japanese government fund on Monday announced investments of 15.9 billion yen ($117 mln) into research aimed at boosting carbon sequestration in agricultural, forestry, and fisheries products.
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Earthworms may have declined by a third in UK, study reveals

The Guardian - Mon, 2022-12-19 16:00

Scientists say loss may be as significant as ‘insectaggedon’ in terms of impact on soil, birds and ecosystems

Populations of earthworms in the UK may have fallen by about a third in the past 25 years, an assessment has shown.

Earthworms are vital for the healthy soil that underpins all ecosystems and scientists said a large decline would sit alongside concerns about “insectaggedon” and the global destruction of wildlife.

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Risen Energy to build its first big battery in Australia with “gamechanger” Arena funding

RenewEconomy - Mon, 2022-12-19 13:02

Arena funding means Risen Energy will build its first big battery in Australia, with another three in the company's project pipeline.

The post Risen Energy to build its first big battery in Australia with “gamechanger” Arena funding appeared first on RenewEconomy.

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Iberdrola, Abel to build giant renewable hydrogen and green fuels plant in Tasmania

RenewEconomy - Mon, 2022-12-19 12:52

 Rio Tinto).Spanish energy giant Iberdrola to work with Abel Energy to build a world-scale green hydrogen and methanol production plant in Tasmania.

The post Iberdrola, Abel to build giant renewable hydrogen and green fuels plant in Tasmania appeared first on RenewEconomy.

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Greens lambast Labor for failing to offer extra funding for global nature deal at Cop15

The Guardian - Mon, 2022-12-19 11:17

While other countries have made additional pledges, Australia criticised for failing to offer more than its budget commitments

The Greens have criticised the Albanese government for failing to offer any new money for conservation measures at a global conference aiming to secure a new agreement for nature for the next decade.

Countries have been meeting at the Cop15 summit in Montreal to negotiate targets for the protection and restoration of nature, including a target of $US200bn a year to fund conservation work.

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Neoen to add big battery to what is now Australia’s biggest solar farm

RenewEconomy - Mon, 2022-12-19 10:59

Neoen to add big battery to what is now the country's biggest operating solar farm in Queensland.

The post Neoen to add big battery to what is now Australia’s biggest solar farm appeared first on RenewEconomy.

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COP15: Summit on 'pact with nature' enters final stretch

BBC - Mon, 2022-12-19 10:12
Decision day looms for sealing a global deal to stop the destruction of nature.
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TagEnergy to press go on big renewables hub in north Queensland after battery win

RenewEconomy - Mon, 2022-12-19 09:50

Rapidly emerging TagEnergy announces new renewables hub in north Queensland after ARENA battery funding win.

The post TagEnergy to press go on big renewables hub in north Queensland after battery win appeared first on RenewEconomy.

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Star of the South gets head start as Australia’s offshore wind race officially launched

RenewEconomy - Mon, 2022-12-19 09:21

Australia's offshore wind industry launched, with formal declaration of first development zone and a leg-up to the 2.2GW Star of the South project.

The post Star of the South gets head start as Australia’s offshore wind race officially launched appeared first on RenewEconomy.

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Cop15 negotiators close to agreeing nature deal as talks draw to end

The Guardian - Mon, 2022-12-19 05:35

Final agreement could bring better protection for vital ecosystems and big reforms to agriculture

A potentially transformational agreement for nature is close to being reached at Cop15 in Montreal, which could bring better protection for Earth’s vital ecosystems such as the Amazon and Congo basin rainforests, big reforms to agriculture and better protection of indigenous territories and rights.

After four years of negotiations and 12 years since the last biodiversity targets were agreed in Japan, the Chinese president of Cop15 put forward its recommendations for a final agreement after two weeks of intense negotiations at the UN biodiversity summit in Canada.

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Clearer rules on reporting companies' climate risks could soon put us on a path to decarbonising corporate Australia

The Conversation - Mon, 2022-12-19 05:18
Until February 17 2023, you can have your say on the government’s plan for standardised company reporting of climate‑related risks, which would start in 2024-25. Anita Foerster, Associate Professor, Monash University Licensed as Creative Commons – attribution, no derivatives.
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Canada's polar-bear capital Churchill warms too fast for bears

BBC - Mon, 2022-12-19 05:00
The amount of time without sea-ice is becoming too long for the bears to survive, experts say.
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The question that should be dominating debate is how quickly Australia can replace gas with renewables | Adam Morton

The Guardian - Mon, 2022-12-19 00:00

The fossil fuel industry’s campaign of naked self-interest has failed to get traction. Could this be a turning point?

Much has changed when it comes to climate and energy in Australia during 2022 but the country ends the year still needing an honest conversation about gas – what it is, the damage it does and the extent to which it is needed in the future.

Last week may eventually come to be seen as a marker of a change in how the country thinks about fossil fuels. The gas industry, backed by the Coalition and some news media, launched a campaign of naked self-interest against government plans to limit the impact of skyrocketing gas prices that echoed successful campaigns against carbon pricing and an increased mining tax a decade ago.

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A newborn held aloft in Pakistan sums up the sheer injustice of the climate crisis | Fatima Bhutto

The Guardian - Sun, 2022-12-18 22:28

My brother organised a medical camp after the summer’s deadly floods – a disaster caused by powerful nations

This summer, intense monsoon rains combined with glacial melt caused super-floods across Pakistan. We are home to the second largest number of glaciers after the polar regions and, thanks to global heating, they are melting at unprecedented, terrifying speed. This is the year the climate emergency came home to me, and this is a photo that haunts me.

The floods wiped out approximately a million livestock, decimated crops, displaced 30 to 50 million Pakistanis, destroyed thousands of kilometres of roads – and months later, the damage is still going on. Stagnant water means farmers cannot plant new crops – those who could not plant rice in October, with water in certain parts remaining thigh high, will have no harvest to reap come March.

Fatima Bhutto is a Pakistani author of fiction and nonfiction

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 lagging ‘way behind’ EU on warmer homes policy

The Guardian - Sun, 2022-12-18 18:00

Higher electricity prices compound the problem – as will the government’s plan to scrap ‘retained’ EU laws

The UK is falling far behind EU countries in its performance and policies on home insulation and energy efficiency, and will lose further ground if “retained laws” from the European Union are scrapped, according to a new study.

The report, by UK pressure group Another Europe is Possible and Germany’s respected Friedrich Ebert Foundation, says the UK is failing to match new EU laws which aim to double the annual rate of building renovation and reduce primary energy consumption by 39% by 2030.

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“Like riding a bike:” First big battery in Australia’s biggest coal grid enters full production

RenewEconomy - Sun, 2022-12-18 15:58

The first big battery in NSW is now officially fully operational. It will be joined by dozens more in coming years.

The post “Like riding a bike:” First big battery in Australia’s biggest coal grid enters full production appeared first on RenewEconomy.

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EU legislators strike provisional deal on remaining ETS elements of Fit for 55 package

Carbon Pulse - Sun, 2022-12-18 15:31
EU legislators struck a provisional deal on the remaining EU ETS-related bills under the bloc's overarching Fit for 55 climate policy package early Sunday, agreeing to backload efforts until later in the decade but securing a slightly higher 2030 emissions reduction target than originally proposed. 
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South Australia’s incredible week: 104.1 per cent wind and solar over seven days

RenewEconomy - Sun, 2022-12-18 14:40

Port August Renewable Energy Park turbines and transmission linesSouth Australia reaches 104.1 per cent wind and solar over state demand for the last seven days.

The post South Australia’s incredible week: 104.1 per cent wind and solar over seven days appeared first on RenewEconomy.

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COP15: Global deal in the balance as biodiversity talks enter final stretch

Carbon Pulse - Sun, 2022-12-18 14:08
A handful of thorny issues remain unresolved as delegates at COP15 prepare for the final two days of negotiations in Montreal, even as a steady drip of new funding announcements over the past couple of days have intended to brighten the mood of the talks.
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