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CN Markets: CEAs extend all-time high with stable volumes, growing momentum expected

Carbon Pulse - Thu, 2023-09-28 20:43
Chinese carbon permits continued to climb over the past week amid stable trading volumes, reaching a fresh record high on Wednesday ahead of a week-long holiday, with analysts expecting the growing momentum to continue to the end of the compliance period despite government measures to suppress prices.
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Neara raises $15 million for bankroll its push to ease renewable bottlenecks

RenewEconomy - Thu, 2023-09-28 20:43

Emerging critical infrastructure technology company has raised more than $15 million to bankroll a push into the United States and Europe to support energy utilities.

The post Neara raises $15 million for bankroll its push to ease renewable bottlenecks appeared first on RenewEconomy.

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CO2 yet to decouple entirely from GDP growth, rating agency says

Carbon Pulse - Thu, 2023-09-28 19:44
While the link between global CO2 emissions and GDP growth is getting weaker, it has yet to decouple entirely, said a research note published Thursday.
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Swiss glaciers lose 10% of their volume in two years

The Guardian - Thu, 2023-09-28 19:38

Volume lost during hot summers of 2022 and 2023 equal to total depletion between 1960 and 1990, says report

Swiss glaciers have lost 10% of their volume in just two years, a report has found.

Scientists have said climate breakdown caused by the burning of fossil fuels is the cause of unusually hot summers and winters with very low snow volume, which have caused the accelerating melts. The volume lost during the hot summers of 2022 and 2023 is the same as that lost between 1960 and 1990.

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Australia satellite imagery upgrades represent the next fight in ACCU integrity space, expert says

Carbon Pulse - Thu, 2023-09-28 19:26
A shift to a new and improved satellite monitoring system will likely raise fresh issues with the carbon crediting of Australian human-induced regeneration (HIR) projects, according to an expert.
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Direct air capture startup joins Oman mineralisation project

Carbon Pulse - Thu, 2023-09-28 19:14
A direct air capture company has joined forces with a carbon mineralisation firm to initially remove 500 tonnes of CO2 per year to be permanently stored in rock from a project in Oman, they announced Thursday.
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Japanese trading firm to back millions of forest offsets with 3D measurement system

Carbon Pulse - Thu, 2023-09-28 19:13
One of Japan's major trading houses has teamed up with a software provider to help create millions of domestically issued forest-based offsets based on a 3D measurement system, it announced Thursday.
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First turbine goes up at Forrest-backed Clarke Creek wind farm

RenewEconomy - Thu, 2023-09-28 18:47

wind turbine in construction clarke creek wind farm Squadron EnergyAfter a brief downing of tools in May, the first turbine has been installed at what will be one of the biggest wind farms in Australia.

The post First turbine goes up at Forrest-backed Clarke Creek wind farm appeared first on RenewEconomy.

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French investment firm and carbon project developer unveil plan to invest billions into forestry projects

Carbon Pulse - Thu, 2023-09-28 18:18
A French private investment house and nature-based carbon project developer have announced details of their plan to invest €1.5 billion in forest carbon projects that will sequester an estimated 150 MtCO2, the two firms said Thursday.
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Miners must do far more to align global critical mineral development with emissions targets, report says

Carbon Pulse - Thu, 2023-09-28 18:09
A US-based think-tank has suggested better ESG practices, lower emissions technologies, and practices to conserve biodiversity near mines could have far-reaching implications for social licence and ultimately mine permitting, leading to faster development of the critical minerals needed for the world to meet net-zero goals.
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EU faces ‘make or break moment’ for green transition, report says

The Guardian - Thu, 2023-09-28 18:00

Researchers see political risks to decarbonisation plan across forthcoming elections, but also suggest steps to win support

The EU faces a “make or break moment” for decarbonisation if it is to stick to the European Green Deal, a new report warns, amid the cost of living crisis, multiple elections and a growing political “greenlash”.

In research published on Thursday, the European Council on Foreign Relations (ECFR) said European policymakers must convince voters that sticking to the green transition is in their interests – especially with European parliament elections and several national elections coming next year.

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The green energy surge still isn't enough for 1.5 degrees. We'll have to overshoot, adapt and soak up carbon dioxide

The Conversation - Thu, 2023-09-28 15:38
Holding climate change to 1.5 might be possible – but in the best case, we’ll blow past the limit first and then backpedal. Pep Canadell, Chief Research Scientist, Climate Science Centre, CSIRO Oceans and Atmosphere; Executive Director, Global Carbon Project, CSIRO Licensed as Creative Commons – attribution, no derivatives.
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Want energy democracy? Paying networks to install community batteries is not the way

RenewEconomy - Thu, 2023-09-28 15:15

Good intentions around community batteries are being hijacked by monopoly businesses, while the best route to energy equality is staring governments in the face.

The post Want energy democracy? Paying networks to install community batteries is not the way appeared first on RenewEconomy.

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Solar Insiders Podcast: Making money out of home batteries

RenewEconomy - Thu, 2023-09-28 14:38

Amber’s Tim Barson on how home batteries are turning into a money spinner. Plus: Rooftop solar shattering records across the grid.

The post Solar Insiders Podcast: Making money out of home batteries appeared first on RenewEconomy.

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Gigawatt-scale renewable hydrogen hub gets $45m boost from NSW government

RenewEconomy - Thu, 2023-09-28 14:35

Koorangang Island Orica facilityNSW government tips $45m into Origin-led plans to build a green hydrogen hub on Koorangang Island and wean Orica and other industrials off fossil gas.

The post Gigawatt-scale renewable hydrogen hub gets $45m boost from NSW government appeared first on RenewEconomy.

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Australia is not killing koalas to make way for solar farms, says Albanese

RenewEconomy - Thu, 2023-09-28 14:19

The campaign against wind, solar, batteries and EVs is getting bizarre and intense. Prime minister Albanese pushed back when asked on radio if koalas were being killed to make way for renewables.

The post Australia is not killing koalas to make way for solar farms, says Albanese appeared first on RenewEconomy.

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Telstra signs deal with another new solar farm on path to 100 pct renewable power

RenewEconomy - Thu, 2023-09-28 13:52

Telstra to take half of the output of a new 120 MW solar farm that is being built in Queensland, its fifth such agreement with large scale renewable projects.

The post Telstra signs deal with another new solar farm on path to 100 pct renewable power appeared first on RenewEconomy.

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US industrial giant backs iron flow batteries in long duration storage push

RenewEconomy - Thu, 2023-09-28 13:42

ess big battery turbines and solarUS industrial giant invests $US27.5 million in a strategic collaboration to advance the development and market adoption of iron flow battery systems.

The post US industrial giant backs iron flow batteries in long duration storage push appeared first on RenewEconomy.

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What is the climate crisis doing to Australia’s weather extremes? A Coalition frontbencher gets it ‘patently wrong’ | Temperature Check

The Guardian - Thu, 2023-09-28 12:30

Rising risk of heatwaves and bushfires means politicians will be put to the test about the effect of the climate crisis. Already, some have roundly failed

As Australia stares down the barrel of a hot summer and a rising risk of heatwaves and bushfires, politicians are going to have to get to grips with answering the obvious question. What is climate change doing to our weather extremes?

The Coalition’s shadow social services minister, Michael Sukkar, was given an early test last week and he roundly failed.

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Synergy sunk by dud fossil fuel contracts as it prepares for shift from coal

RenewEconomy - Thu, 2023-09-28 12:08

State owned utility Synergy undone by costly contracts for fossil fuels as it prepares to exit coal generation and build more renewables and storage.

The post Synergy sunk by dud fossil fuel contracts as it prepares for shift from coal appeared first on RenewEconomy.

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