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Vestas says it has won a 210MW contract for a wind farm to be built by late 2021 - almost certainly the big wind-solar hybrid planned for Port Augusta in South Australia.

The post Vestas lands big wind turbine contract in Australia, most likely Port Augusta appeared first on RenewEconomy.

Transgrid says renewables key to cost falls in NSW, while research group says the pace of investment will need to accelerate significantly in coming years.

The post Transgrid, Cornwall say new wind and solar needed quickly to lower prices in NSW appeared first on RenewEconomy.

Chain invokes ‘zero-tolerance approach’ to illegally logged timber after ruling that VicForests was not exempt from national environment laws

Bunnings will stop selling timber logged by VicForests after a court found the state government-owned forestry agency breached conservation laws.

“Bunnings has a zero-tolerance approach to illegally logged timber that dates back two decades and our commitment is to only source timber products from legal and well managed forest operations,” Bunnings’ director of merchandise, Phil Bishop, said on Wednesday.

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Can hydrogen - a relatively clean source of fuel - help power the economy of the future?

A daily summary of our news plus bite-sized updates from around the world.

Offset credits with direct environmental benefits to the state (DEBs) may be undersupplied in the post-2020 period and lead to tighter discounts to allowance prices depending on regulator ARB’s final classification, according to a new analysis published Tuesday.

The ICAO Council on Tuesday agreed to omit 2020 from the carbon neutral growth baseline during the international aviation offset programme CORSIA’s first three years, while leaving the door open for the UN body’s Assembly to make that change for the entire 15-year duration of the global climate policy.

Eleven entities opened California-based Compliance Instrument Tracking System Service (CITSS) accounts to participate in the WCI carbon market during the second quarter as five others closed theirs, data from state regulator ARB showed Tuesday.

Coronavirus lockdown was final straw for fracking pioneer Chesapeake Energy

The collapse of Chesapeake Energy, one of the pioneers of the US shale industry, took few people by surprise. The embattled fracker slumped into bankruptcy weeks after the darkest month in oil market history, in a financial mess of missed interest payments, looming bond deadlines and crippling debts.

Its collapse is not the first bankruptcy to hit the oil industry in the wake of the coronavirus crisis, nor will it be the last. But the fall of a company once considered one of the shale revolution’s brightest stars may mark a crucial watershed for an industry in flux.

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California Low Carbon Fuel Standard (LCFS) credit values continued their downward trend on Tuesday ahead of utility Pacific Gas & Electric’s (PG&E) latest auction.

Nine new solar farm proposals and two new big batteries unveiled in flood of applications to South Australia energy regulator.

The post Nine new solar farms and two big batteries proposed for South Australia appeared first on RenewEconomy.

Up to 8,000 spectacled flying-foxes, around 12% of the species' population, will be forced to leave their home in central Cairns. Justin A. Welbergen, President of the Australasian Bat Society | Associate Professor of Animal Ecology, Western Sydney University Noel D Preece, Adjunct Asssociate Professor, James Cook University Penny van Oosterzee, Adjunct Associate Professor James Cook University and University Fellow Charles Darwin University, James Cook University Licensed as Creative Commons – attribution, no derivatives.

The drop in traffic during COVID-19 lockdowns reduced global emissions. If we keep encouraging cycling and working from home beyond the pandemic, our climate goals may become more achievable. Simon Kingham, Professor, University of Canterbury Licensed as Creative Commons – attribution, no derivatives.

EU Commissioner for Energy Kadri Simson is optimistic about the bloc’s ability to raise its 2030 emissions target to 55%, stressing the need to cut GHG output from heavy industry and to spur energy efficiency in buildings at an online event on Wednesday.

Land groups say plan could lift economic output by $5.7bn and focus on areas hit hardest by coronavirus shutdown

An alliance of more than 70 conservation, farming and land management organisations is lobbying the Morrison government to dedicate $4bn of stimulus spending to employ more than 50,000 people to help repair the environment.

According to a report by professional services firm Ernst & Young commissioned by the groups, it could create 53,000 jobs over four years planting trees, removing weeds and restoring rivers, wetlands and coastal habitats. It is estimated it would reduce welfare costs by about $620m and increase economic output by about $5.7bn.

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California’s compliance offset approach does not eliminate the risk of over crediting emissions reductions from approved protocols, but further analysis and changes could minimise that outcome, according to an updated research report.

Democrats on a US House of Representatives climate committee unveiled a sweeping roadmap to decarbonise the economy by mid-century on Tuesday morning, including through carbon pricing and transitioning the Renewable Fuel Standard (RFS) into a nationwide Low Carbon Fuel Standard (LCFS).

Britain could see temperatures up to 40C every few years by 2100 if carbon emissions stay very high.

EUAs raced to a nine-month high above €27 on Tuesday, jumping by more than 60 cents within a few minutes to reverse early losses in volatile month-end trade.

Such deadly heat may become regular occurrence later this century, scientists find

The likelihood of the UK experiencing deadly 40C temperatures for the first time is “rapidly accelerating” due to the climate crisis, scientists have found.

The research shows that such searing heat could become a regular occurrence by the end of the century unless carbon emissions are cut to zero. Global heating has already made UK heatwaves 30 times more likely and extreme temperatures led to 3,400 early deaths from 2016-19.

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