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BHP clinches $9.6 billion bid to buy OZ Minerals to gain more control over EV battery metals

RenewEconomy - Fri, 2022-11-18 13:48

BHP to take a lead role in landmark clean energy projects through its now approved bid for fellow miner Oz Minerals, and securing bigger role in battery metals.

The post BHP clinches $9.6 billion bid to buy OZ Minerals to gain more control over EV battery metals appeared first on RenewEconomy.

Categories: Around The Web

How to unpick a company’s net zero target in 7 steps

RenewEconomy - Fri, 2022-11-18 12:40

Corporate net zero targets are spreading like wildfire, but many ring hollow and are no more than vague statements of intent. Here's how to unpick them.

The post How to unpick a company’s net zero target in 7 steps appeared first on RenewEconomy.

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Australian bank announces first carbon prepayment deal

Carbon Pulse - Fri, 2022-11-18 12:33
A major Australian bank has announced its first carbon prepayment deal as it seeks to ease carbon market access for agribusinesses.
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CP Daily: Thursday November 17, 2022

Carbon Pulse - Fri, 2022-11-18 12:29
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

Latrobe Valley pine plantation wind farm confirms Supreme Court challenge

RenewEconomy - Fri, 2022-11-18 12:17

Osmi Australia confirms that state approvals for its 200MW Delburn wind farm are being challenged in court, with a hearing date set for February 2023.

The post Latrobe Valley pine plantation wind farm confirms Supreme Court challenge appeared first on RenewEconomy.

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Another giga-scale wind, solar and battery project jostles for a spot in new renewable zone

RenewEconomy - Fri, 2022-11-18 12:12

Virya Energy proposes 220 of wind turbines, up to 300MW of solar PV and a 500MW/500MWh battery north-west of Jerilderie.

The post Another giga-scale wind, solar and battery project jostles for a spot in new renewable zone appeared first on RenewEconomy.

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Biggest gas unit in South Australia closed in midday sun to help keep lights on

RenewEconomy - Fri, 2022-11-18 12:08

AEMO shuffles its cards as it seeks to maintain grid stability in South Australia, switching off the biggest gas generator to contain the risk to rooftop PV.

The post Biggest gas unit in South Australia closed in midday sun to help keep lights on appeared first on RenewEconomy.

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We created the world's first donkey embryo using IVF in a bid to save species from extinction

The Conversation - Fri, 2022-11-18 11:41
The embryo is frozen in liquid nitrogen until a suitable female donkey is found to grow it into a baby. Andres Gambini, Senior Lecturer, School of Agriculture and Food Science, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.
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Deep rift over climate cash clouds end of COP27

BBC - Fri, 2022-11-18 11:38
Clashes over cash for poor countries are dominating as talks at COP27 in Egypt go down to the wire.
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NA Markets: CCAs hold steady amid Q4 auction and Scoping Plan publication, RGGI stagnates

Carbon Pulse - Fri, 2022-11-18 09:51
California Carbon Allowance (CCA) values slid early in the week ahead of the Q4 WCI auction before rising after state regulator ARB published the final Scoping Plan update, while RGGI Allowance (RGA) prices held in a narrow range amid few drivers.
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World Cup offsetting probe puts GCC’s governance in the spotlight

Carbon Pulse - Fri, 2022-11-18 09:38
A probe into the offsetting of the upcoming FIFA World Cup football tournament in Qatar has shone a light on GCC’s governance, with the carbon project certifier insisting that its conflict of interest safeguards are robust despite links between two of its steering committee members and the handful of projects it has so far registered ahead of hundreds in the pipeline.
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Aviation sector firms invest in Canadian DAC tech company

Carbon Pulse - Fri, 2022-11-18 08:35
An airline and an aircraft manufacturer have invested in a Canadian direct air capture (DAC) technology firm.
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COP27: Australia climate minister meets China’s counterpart, voices support for EU’s loss and damage fund

Carbon Pulse - Fri, 2022-11-18 07:40
Australia’s energy minister has met with China’s climate envoy on the sidelines of negotiations at COP27, agreeing to cooperate on climate issues, as he used a plenary session to support the EU’s establishment of a loss and damage fund.
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COP27: EU proposes UN climate damage fund, with shipping and aviation levy contributing

Carbon Pulse - Fri, 2022-11-18 07:31
The EU shifted against a longstanding deadlock at UN climate talks on Thursday by proposing to establish a loss and damage fund for the most vulnerable countries, using money that could be raised partly by a levy on aviation, shipping, or fossil fuels.
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COP27: East African nations learn valuable lessons on Article 6 removals from VCM -report

Carbon Pulse - Fri, 2022-11-18 06:22
A group of seven East African nations are successfully using Clean Development Mechanism (CDM) activities to generate climate finance, however the sheer scale of new finance required raises questions on how to expand and transition to Article 6, according to a report launched at the COP27 conference on Thursday.
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Canada rejects Arctic mine expansion project after years of fierce protest

The Guardian - Fri, 2022-11-18 06:19

Community members and campaigners have hailed the move as a win for vulnerable marine ecosystem and wildlife

Canada has rejected a mine expansion project in the Arctic after years of uncertainty and fierce protest, in what community members and campaigners say is a win for the vulnerable marine ecosystem and wildlife.

Baffinland Iron Mines’ planned expansion to its Mary River site would have seen it double output to 12m tonnes of iron ore. To bring the ore to market, the mine also said it needed to build a 110km railway to a port near the community of Pond Inlet as well as doubling its shipping.

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US approves largest dam removal in history to save endangered salmon

The Guardian - Fri, 2022-11-18 06:11

Four dams on California-Oregon border to be decommissioned on Klamath River, which fish use to reach spawning grounds

A US agency seeking to restore habitat for endangered fish gave final approval on Thursday to decommission four dams straddling the California-Oregon border, the largest dam removal undertaking in US history.

Dam removal is expected to improve the health of the Klamath River, the route that Chinook salmon and endangered coho salmon take from the Pacific Ocean to their upstream spawning grounds, and from where the young fish return to the sea.

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As New South Wales reels, many are asking why it's flooding in places where it's never flooded before

The Conversation - Fri, 2022-11-18 05:05
We’ll need clear and well updated information to gauge flood risk as climate change intensifies floods. Mark Gibbs, Adjunct Professor, Queensland University of Technology Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

New electric cars for under $45,000? They're finally coming to Australia – but the battle isn't over

The Conversation - Fri, 2022-11-18 05:04
Major new policies are still needed to accelerate the road transport transition. There’s good news, however: Australian motorists have been promised more choice soon. Hussein Dia, Professor of Future Urban Mobility, Swinburne University of Technology Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

UN chief warns of ‘breakdown in trust’ with no deal in sight at Cop27

The Guardian - Fri, 2022-11-18 04:45

With only one full day of official talks left, there are no clear agreements on key issues including funding for loss and damage

The UN secretary-general, António Guterres, has flown to the attempted rescue of troubled climate talks in Egypt, warning of a “breakdown in trust” between rich and poor governments that could scupper hopes of a deal.

He urged countries reaching the final day of the Cop27 UN climate summit in Sharm el-Sheikh to find common ground. “There has been clearly, as in past times, a breakdown in trust between north and south, and between developed and emerging economies,” he said. “This is no time for finger pointing. The blame game is a recipe for mutually assured destruction.”

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