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Apple signs up for massive supply deal from Andrew Forrest owned wind project
Apple to take around one third of the output from a massive new wind farm owned by Andrew Forrest in deal to offset energy use of its customers.
The post Apple signs up for massive supply deal from Andrew Forrest owned wind project appeared first on RenewEconomy.
CCA makes case for international carbon trading, but Greens suspect accounting tricks
Climate Change Authority report recommends Australian companies be supported to buy international carbon credits. But Greens fear more "accounting tricks."
The post CCA makes case for international carbon trading, but Greens suspect accounting tricks appeared first on RenewEconomy.
Ministers urged to dump ESB proposals at landmark meeting that will put green into grid
State and federal energy ministers poised to put environment back into market rules, but face pressure on what to do with ESB and its proposals rejected by industry.
The post Ministers urged to dump ESB proposals at landmark meeting that will put green into grid appeared first on RenewEconomy.
Rinehart-backed joint venture pledges $1bn gas expansion but hurdles remain
Senex Energy says extra fuel will be for domestic use but plans are yet to secure state or federal environmental approvals
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Gas producer Senex, which is jointly owned by South Korea’s steel giant Posco and Australian billionaire Gina Rinehart, has planned a more than $1bn expansion to its Queensland gasfields with the bulk of the extra fuel apparently to be earmarked for domestic use.
The company, which is reportedly yet to secure federal environmental approval for the expansion of its Atlas and Roma North projects in the Surat Basin, made the announcement ahead of a speech by the resources minister, Madeleine King. It still has to clear some state regulatory hurdles, Senex said.
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Continue reading...Energy Insiders Podcast: Australia’s dirty fuel scandal
The Australia Institute’s Richie Merzian on the move to overturn the car lobby’s campaign to protect dirty fuels. Plus: The future of the ESB, and the Climate Change Authority.
The post Energy Insiders Podcast: Australia’s dirty fuel scandal appeared first on RenewEconomy.
'Let it rip': Barangaroo, a masterclass in planning as deal-making
First commercial green hydrogen plant and refuelling facility a step closer for W.A.
Infinite Green Energy secures all land required for WA green hydrogen plant and refuelling station – and for a potential doubling of production.
The post First commercial green hydrogen plant and refuelling facility a step closer for W.A. appeared first on RenewEconomy.
Climate scientists chase Arctic storms
'Every day it doesn't rain, the pressure mounts'
CP Daily: Wednesday August 10, 2022
Canadian firm pays €100/tonne for Brazilian biochar carbon credits
California offset issuance inches up, while price discounts widen as WCI allowances surge
WCI 2023 floor price expectations contract as July inflation eases
The US has finally passed a huge climate bill. Australia needs to keep up
Ice shelves hold back Antarctica's glaciers from adding to sea levels – but they're crumbling
Analysts see minimal GHG impacts from fossil fuel provisions in US climate bill
Climate Change Authority says Australia should ditch offsets older than five years, phase out CER use
The Guardian view on water companies: nationalise a flawed private system | Editorial
Time to fix Britain’s broken private utility model, whereby natural monopolies are able to dupe weak regulators
When the water industry was in public hands, it was claimed to work neither for its owner – the state – nor the public. Since being privatised in 1989, water companies have enriched investors and senior executives but failed to adequately invest in infrastructure. Shareholders have been paid £72bn in dividends. The cash came from big debts, with companies borrowing £56bn, and big bills, with prices rising 40%. Private-sector efficiency did not provide better service, but it did allow companies to be milked for cash.
Companies’ pressing concern was to make money rather than think hard about the challenge of the climate emergency. Hence water companies will impose hosepipe bans in record-breaking summer heat despite up to a fifth of water being lost to leaks. Two companies restricting water use – South East Water and Southern Water – have some of the worst environmental records. Thames Water, which will ban lawn watering for its 15 million customers, was fined £20m in 2017 for tipping 1.4bn litres of raw sewage into rivers. Last year the firm was found to have illegally discharged untreated sewage for 735 days.
Continue reading...Australian electricity companies not reducing emissions in line with Paris agreement goals, study finds
AGL, EnergyAustralia and Origin among businesses study says not on track to meet global climate goals to limit heating to well below 2C
- Australia should abandon goal to limit global heating to 1.5C, says gas company eyeing Beetaloo Basin
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Nine out of 10 major Australian electricity companies are failing to reduce greenhouse gas emissions fast enough to meet the goals of the landmark Paris climate agreement, a study has found.
Businesses not acting in accordance with the 2015 Paris agreement goal of limiting global heating to well below 2C since pre-industrial times included the generators and retailers AGL, EnergyAustralia and Origin, according to the study led by University of Queensland researchers.
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