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China’s Zhejiang completes first batch of forest carbon sink transactions

Carbon Pulse - Tue, 2022-12-13 14:36
Zhejiang, a coastal province in East China, has recently completed its first batch of forest carbon sink transactions in the years-long absence of a national offset market.
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NSW prepares for faster coal closures, and supply chain bottlenecks for renewables

RenewEconomy - Tue, 2022-12-13 14:01

NSW EnergyCo says the state is planning for a possible faster closure of coal fired generators, and supply chain issues that may hinder new infrastructure.

The post NSW prepares for faster coal closures, and supply chain bottlenecks for renewables appeared first on RenewEconomy.

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FFI steps up plan to turn old coal mine into green hydrogen plant

RenewEconomy - Tue, 2022-12-13 13:53

centralia coal plant washingtonFortescue Future Industries teams with Puget Sound Energy to convert shuttered US coal mine into a green hydrogen-making plant.

The post FFI steps up plan to turn old coal mine into green hydrogen plant appeared first on RenewEconomy.

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Fossil fuel hysterics make coal and gas price caps look like a really good idea

RenewEconomy - Tue, 2022-12-13 13:34

Many wind and solar farms share windfall profits, so why can't the fossil fuel industry? The more it bleats about blackouts, the more price caps look like a good idea.

The post Fossil fuel hysterics make coal and gas price caps look like a really good idea appeared first on RenewEconomy.

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Iberdrola commits to net positive impact on nature by 2030

Carbon Pulse - Tue, 2022-12-13 13:28
Spain-headquartered renewable energy generator Iberdrola has committed to ensuring all its global facilities will have a net positive impact on nature by 2030.
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CP Daily: Monday December 12, 2022

Carbon Pulse - Tue, 2022-12-13 13:15
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

RES edges ahead with plans for huge wind, solar and battery storage hub in Victoria

RenewEconomy - Tue, 2022-12-13 13:09

Vestas wind turbines and RES dulacca wind farm qldUK-based renewables giant updates progress on plans to develop major wind, solar and battery storage facility in western Victoria.

The post RES edges ahead with plans for huge wind, solar and battery storage hub in Victoria appeared first on RenewEconomy.

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Australian resources companies extend cooperation agreement on PNG carbon projects

Carbon Pulse - Tue, 2022-12-13 12:22
Two Australian resources players have extended their cooperating agreement to explore the possibility of developing some 1.4 million hectares of rainforest in Papua New Guinea into a series of carbon offset projects.
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Australian researchers making sound waves to produce cheaper green hydrogen

RenewEconomy - Tue, 2022-12-13 12:06

Australian researchers say high frequency vibrations used to “divide and conquer” individual water molecules during electrolysis can boost production of green hydrogen 14-fold.

The post Australian researchers making sound waves to produce cheaper green hydrogen appeared first on RenewEconomy.

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Brookfield-backed metering firm buys assets of “smart pool” retailer sunk by energy crisis

RenewEconomy - Tue, 2022-12-13 11:57

https://www.pexels.com/photo/swimming-pool-surrounded-with-wooden-deck-4177666/One of the casualties of Australia’s energy market crisis, a retailer focusing on smart management of backyard swimming pools, has been bought.

The post Brookfield-backed metering firm buys assets of “smart pool” retailer sunk by energy crisis appeared first on RenewEconomy.

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US scientists claim fusion “breakthrough”, but it’s still early days

RenewEconomy - Tue, 2022-12-13 10:31

Work, conducted at Lawrence Livermore National Laboratory and featured in Nature Physics, shows that ions behave differently in fusion reactions than previously expected. Image by John Jett and Jake Long/LLNLUS government scientists say they’ve vaulted a critical nuclear power threshold, achieving a net energy gain in a fusion reaction for the first time.

The post US scientists claim fusion “breakthrough”, but it’s still early days appeared first on RenewEconomy.

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COP15: “Glimmers of light” in dark landscape as IUCN documents restoration efforts

Carbon Pulse - Tue, 2022-12-13 10:08
While extinction threats, tipping points, and ecological collapse have dominated newsfeeds at the COP15 biodiversity negotiations in Montreal, a new IUCN tool allows viewers to track progress on targets to restore degraded landscapes, providing "glimmers of light" in an otherwise dark landscape.
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Explainer: How do floating wind turbines work?

RenewEconomy - Tue, 2022-12-13 09:33

California has awarded it first floating wind farm leases. Why and when do we need floating wind farms – and how do they work?

The post Explainer: How do floating wind turbines work? appeared first on RenewEconomy.

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New technical paper proposes integrity principles for voluntary biodiversity credit framework

Carbon Pulse - Tue, 2022-12-13 09:24
A new paper has outlined a series of integrity principles that could form part of a voluntary biodiversity crediting framework, likely to be key to scaling the nascent market and closing the current private finance gap.
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Germany sets renewable power record in 2022, but is off-track for 2030 target

RenewEconomy - Tue, 2022-12-13 08:15

Renewables will have produced 46 pct of German power consumption in 2022, a big rise from 2021 but off track for its ambitious 2030 targets.

The post Germany sets renewable power record in 2022, but is off-track for 2030 target appeared first on RenewEconomy.

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Manulife joins Trillion Trees Initiative on heels of launching forest carbon fund

Carbon Pulse - Tue, 2022-12-13 07:04
Financial services company Manulife on Monday announced its partnership with the World Economic Forum’s Trillion Trees Initiative, with the pledge aiming to help scale the firm’s newly launched carbon offset-focused fund.
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Breakthrough in nuclear fusion could mean ‘near-limitless energy’

The Guardian - Tue, 2022-12-13 05:15

Researchers managed to release more energy than they put in: a positive gain known as ignition

Researchers have reportedly made a breakthrough in the quest to unlock a “near-limitless, safe, clean” source of energy: they have got more energy out of a nuclear fusion reaction than they put in.

Nuclear fusion involves smashing together light elements such as hydrogen to form heavier elements, releasing a huge burst of energy in the process. The approach, which gives rise to the heat and light of the sun and other stars, has been hailed as having huge potential as a sustainable, low-carbon energy source.

Continue reading...
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Mexico’s updated Paris target backslides on already-meagre GHG reduction commitment -watchdog

Carbon Pulse - Tue, 2022-12-13 05:12
A more ambitious climate target in Mexico’s updated Paris Agreement commitment is actually worse than its previous insufficient target due to higher baseline emissions and selective accounting, a watchdog group said Monday.
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'Complete elation' greeted Plibersek's big plans to protect nature - but hurdles litter the path

The Conversation - Tue, 2022-12-13 05:03
The path of Plibersek’s big agenda stretches far beyond the one-term political horizon – and it’s fraught with dangers. Peter Burnett, Honorary Associate Professor, ANU College of Law, Australian National University Licensed as Creative Commons – attribution, no derivatives.
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NZ's proposed pumped storage hydropower project will cost billions – here's how to make it worthwhile

The Conversation - Tue, 2022-12-13 05:02
If the proposed pumped hydro scheme at Onslow goes ahead and is managed well, it could be a major asset to diversify a low-carbon, self-resilient economy in Aotearoa New Zealand. Alan Brent, Professor and Chair in Sustainable Energy Systems, Te Herenga Waka — Victoria University of Wellington Gregory Guyot, Associate researcher in Fluid Mechanics Energetics Process and Civil Engineering (PhD-Ing), Université Grenoble Alpes (UGA) Licensed as Creative Commons – attribution, no derivatives.
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