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Hong Kong stock exchange launches voluntary carbon market
GGGI given green light for Article 6 Carbon Transaction Platform
Australia’s reputation at risk on carbon accounting, climate finance at COP27, expert says
The profound link between the climate crisis and the ocean – in pictures
Ahead of Cop27 as part of a drive to increase the diversity of imagery showing the impact of climate on marine environments, Climate Visuals has released a new collection of evidence-based images. Here is a selection
Continue reading...M&S is a shining example of how not to treat the high street – or the planet | Simon Jenkins
The retailer wants to knock down and rebuild its flagship store, or leave. It should do the latter, and let small shops thrive
An inquiry opened this week in Westminster that should be revolutionary. It is to decide, in a nutshell, whether the 50% of global carbon emissions embodied in the world’s built environment should be a factor in fighting the climate crisis. If we are all to account for the impact on global temperature rises of our eating, heating and travelling, why not our building?
The inquiry is centred on a decision by M&S to demolish and rebuild its flagship art deco store in London’s Oxford Street, a structure that for some reason was overlooked for listing as historic. We are told that the “embodied” carbon that would be released by the redevelopment is 40,000 tonnes, reportedly the same as would be emitted by a petrol-driven car journeying from the Earth to the Sun. Goodness knows the distance for the forest of slabs and towers now rising out of control on London’s skyline.
Continue reading...UK should match Norway’s 78% North Sea oil and gas tax, thinktank says
Increasing windfall tax would help plug £40bn fiscal hole and keep energy bills low, analysis shows
A Norway-style windfall tax on energy companies could raise £33.3bn extra by 2027, plugging a hole in government finances and helping keep energy bills low, analysis has found.
The new chancellor, Jeremy Hunt, is looking at extending the “sunset clause” in the energy profits levy by two years beyond 2025 as a result of the booming profits fossil fuel companies have been recording owing to the war in Ukraine.
Continue reading...We spoke to the exhausted flood-response teams in the Hunter Valley. Here's what they need when the next floods strike
Cement giant Heidelberg signs licence agreement to expand use of carbon capture tech
NSW grants $3 million to Cannon-Brookes backed solar cell innovator
SunDrive is quickly emerging as a favourite child of public and private investors, with the lion's share of a NSW funding allocation going to the solar innovator.
The post NSW grants $3 million to Cannon-Brookes backed solar cell innovator appeared first on RenewEconomy.
Forrest dives deeper into European green hydrogen with investment in Zhero
Iron ore billionaire Andrew Forrest’s green energy offshoot Fortescue Future Industries to invest in green hydrogen and renewable energy developer Zhero.
The post Forrest dives deeper into European green hydrogen with investment in Zhero appeared first on RenewEconomy.
Dutton and Coalition still ignorant and deluded on battery storage and nuclear
Peter Dutton and the federal Coalition remain dangerously deluded about battery storage and nuclear power.
The post Dutton and Coalition still ignorant and deluded on battery storage and nuclear appeared first on RenewEconomy.
“Curtain call” for fossil fuels: IEA says Ukraine war locks in shift to renewables
For first time, IEA forecasts global demand for fossil fuels will soon peak in all its scenarios as EV sales rise and the shift to wind and solar accelerates.
The post “Curtain call” for fossil fuels: IEA says Ukraine war locks in shift to renewables appeared first on RenewEconomy.
CEFC backs developer’s 8GW of solar, wind and storage plans for Australia
Australia's green bank tips $75m into a debt raise for ACEN Australia, to help fast-track delivery of 8GW pipeline of solar, wind, battery and pumped hydro.
The post CEFC backs developer’s 8GW of solar, wind and storage plans for Australia appeared first on RenewEconomy.
What’s in the mud? Flood victims' fears eased by early test results
Will energy bills ever come down? Only if Labor gets serious with gas majors
If Labor wants to stop prices skyrocketing, it must forcibly reserve gas for the east coast market. The question is, does it have the nerve?
The post Will energy bills ever come down? Only if Labor gets serious with gas majors appeared first on RenewEconomy.
CP Daily: Thursday October 27, 2022
Personal carbon footprint-cutting app raises $10 mln from investors
Energy Insiders Podcast: Ørsted’s big power play in Australia
Danish giant Ørsted is looking for a major play in Australia’s offshore wind industry, as well as onshore wind, solar and Power-to-X. Asia Pacific boss Per Kristensen explains why.
The post Energy Insiders Podcast: Ørsted’s big power play in Australia appeared first on RenewEconomy.
When wind and solar replace fossil fuels, we will use less energy, save money, and won’t be as sick
Modelling for Australia economy shows rapid switch to renewables will save energy, save money, and deliver considerable health benefits.
The post When wind and solar replace fossil fuels, we will use less energy, save money, and won’t be as sick appeared first on RenewEconomy.