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The Smart Energy Council’s John Grimes shares his views on storage, the treatment of distributed energy, and the remaining policy bollards standing in the way of the switch to renewables.

The post Energy Insiders Podcast: Storage and the future of the grid appeared first on RenewEconomy.

CEFC tips $30m into hybrid cattle grazing model targeting sustainable red meat production and tapping into growing demand for carbon credits.

The post CEFC backs “hybrid grazing” to cut emissions, deliver carbon credits. But what is it? appeared first on RenewEconomy.

RAC says one in seven drivers want EV as next car and one in three want hybrid model but cost of living crisis is delaying move

A record number of drivers want their next car to be electric, but the cost of living crisis is forcing many to delay making the switch to a more eco-friendly vehicle.

The RAC said a record 14% of drivers say their next car will be electric, up from 10% last year and just 3% in 2018. A further 29% said they intended to switch to a hybrid vehicle of some description, which combines petrol and electric power.

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California Carbon Allowance (CCA) prices climbed for the second consecutive week on reported fund and compliance buying and as participants focused on upcoming Scoping Plan drivers, while RGGI Allowance (RGA) values largely followed their WCI counterparts towards a one-month peak.

Favourable policies in the EU and US have given a boost to the 2030 energy storage outlook of Bloomberg New Energy Finance.

The post Global energy storage market to grow 15-fold by 2030, says BNEF appeared first on RenewEconomy.

Nuclear advocates are energised by Thunberg's call for Germany to extend the life of its nuclear power fleet rather than reboot coal. They shouldn't be.

The post Is Greta Thunberg pro-nuclear, or anti-coal? Comments spark debate in Germany appeared first on RenewEconomy.

Ed Miliband criticises Liz Truss’s ‘anti-green-energy dogma’ after plans to ban solar projects revealed

Labour has criticised prime minister Liz Truss’s plan to ban solar power from most of England’s farmland and vowed to treble the renewable energy source in its first term.

Ed Miliband, the shadow climate secretary, will visit a solar farm on Friday. He is to lay out his opposition to plans by Truss and her environment secretary, Ranil Jayawardena, who the Guardian revealed earlier this week are hoping to ban solar from about 41% of the land area of England, or about 58% of agricultural land.

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EUA prices are set to rise steadily through 2030 after stalling in 2022, initially reflecting the impact of the EU's response to the energy crisis before adapting to the proposed reforms of the carbon market, according to a panel of analysts on Thursday.

Floor price expectations for next year’s WCI-linked cap and trade auction reserve price inched higher as September inflation remained above 8%, according to federal data published Thursday.

Sovereign REDD forestry conservation platform REDD.plus has lost its connection with one of the largest marketplaces in the voluntary carbon market (VCM) after three years of partnership.

The livelihoods of millions of farmers depend on productive Arabica coffee. New research gives further impetus, if we needed any, to urgently cut emissions. Jarrod Kath, Senior Lecturer in Ecology and Conservation, University of Southern Queensland Scott Power, Director, Centre for Applied Climate Sciences, University of Southern Queensland Licensed as Creative Commons – attribution, no derivatives.

There is no mandate for the anti-green agenda of Liz Truss’s government

The latest schism to open up in Liz Truss’s cabinet is less surprising than it might have been, had divisions over tax and welfare policies not already emerged. But the decision by the business secretary, Jacob Rees-Mogg, to oppose her publicly over solar energy plans is still a dramatic one that leaves her looking even weaker and more exposed. Having previously stressed his support for fracking, and oil and gas drilling in the North Sea, Mr Rees-Mogg used an article in the Guardian to deny that he opposes green energy. While Ms Truss wants to restrict new solar installations on farmland, Mr Rees-Mogg’s deregulatory fervour extends beyond fossil fuels to renewables as well.

Ms Truss’s anti-solar scheme is so ill-judged that all voices raised against it are welcome. But Mr Rees-Mogg’s enthusiasm for new oil and gas means that he must never be mistaken for a friend to green causes. He is right to point out that carbon-intensive imports are just as damaging to the atmosphere as UK-based industries. But while his backing for solar and wind may make him a more consistent free-marketeer than the prime minister – who is against red tape except when it blocks something she dislikes – the risks to the environment from all those like him who champion growth at the expense of nature remain huge.

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The EU carbon border adjustment mechanism (CBAM) has already passed too many regulatory hurdles for any significant policy U-turn, experts at the Carbon Forward conference said on Thursday.

EV Council figures show uptake lags behind other countries with carmakers opting to send stock to faster-growing markets

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New electric vehicle sales within Australia have increased by 65% in 2022 but uptake still lags far behind other countries.

Electric cars now represent 3.39% of all new car sales in Australia according to the latest State of Electric Vehicles report by the Electric Vehicle Council, but the figures pale against those in other nations such as the UK, where one in five new cars are electric.

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Regulators need to send a better signal about the scale of the challenge in expanding carbon removals, with the current policy framework inadequate to keep the world in line with Paris Agreement targets, a conference heard Thursday.

Millions of forestry conservation REDD credits verified by Verra could soon jump up in value by retroactively adding the Climate, Community and Biodiversity (CCB) co-benefits standard to the project, it was revealed to Carbon Pulse.

Fylde council, home to Preston New Road shale gas site in Lancashire, unanimously backs motion

A Conservative-led council in Lancashire has voted unanimously to demand the government stick to its manifesto commitment against fracking, and to demand clarity on what constitutes “local consent” for the controversial form of energy extraction.

Fylde council is home to Preston New Road, the only site in Britain which has been fracked, by the energy company Cuadrilla. Operations there caused small earth tremors, breaching the regulated limits and prompting the government to implement a moratorium on fracking in November 2019.

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EUAs tested technical support and resistance levels on Thursday morning as trading activity appeared to pick up, while natural gas prices moved in a wide range as traders reacted to reports of security alerts affecting flows from a major North Sea field.

A Canada-based carbon credit investor on Wednesday announced a strategic partnership to fund the expansion of clean cookstove projects in Africa.

The climate minister says new domestic drilling for oil and gas will help the UK reach net zero by 2050. Is he right?

The UK climate minister, Graham Stuart, has urged Britons to support domestic drilling for oil and gas, which he claimed were green policies that would help the country reach net zero by 2050.

Do his assertions reflect reality?

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