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Oil demand set to contract, says IEA, after 2.5 per cent drop in Q1
IEA says global oil demand is expected to decline in 2020 for the first time since 2009, as the impact of the coronavirus continues to spread around the world.
The post Oil demand set to contract, says IEA, after 2.5 per cent drop in Q1 appeared first on RenewEconomy.
Clean transport gets $2bn in UK budget, with focus on EV charging hubs
Conservative UK government allocates £1 billion ($A2 billion) to increase roll-out of electric car charging hubs and extend Plug-In Grant under its 2020 budget.
The post Clean transport gets $2bn in UK budget, with focus on EV charging hubs appeared first on RenewEconomy.
Governments warned: $1 trillion in coal power investments at risk
Carbon Tracker warns that more than $1 trillion in planned coal investments is at risk of becoming stranded, as the costs of wind and solar continue to fall.
The post Governments warned: $1 trillion in coal power investments at risk appeared first on RenewEconomy.
While we self-isolate, it’s a good time to reflect on the urgency of the climate crisis
As Australian governments scramble to formulate the appropriate response to the newly declared pandemic proportions of the Coronavirus, a new report from the Climate Council reminds us of the burningly urgent need to address that other global catacstrophe, climate change.
The post While we self-isolate, it’s a good time to reflect on the urgency of the climate crisis appeared first on RenewEconomy.
Air-dropping poisoned meat to kill bush predators hasn't worked in the past, and it's unlikely to help now
Canadian Solar inks its first Australian PPA with Amazon for output of NSW solar farm
Online retailing giant inks new deal for supply of renewables in Australia, agreeing with Canadian Solar to buy output of 146MW Gunnedah solar farm in NSW.
The post Canadian Solar inks its first Australian PPA with Amazon for output of NSW solar farm appeared first on RenewEconomy.
Major clean energy industry events postponed in response to Coronavirus
Australia's clean energy industry announces raft of postponements of major events and conferences in response to COVID-19 pandemic.
The post Major clean energy industry events postponed in response to Coronavirus appeared first on RenewEconomy.
CP Daily: Thursday March 12, 2020
Washington LCFS, Clean Air Rule bills flounder on Senate opposition
Greenhouse Gas Analyst, BP – London
NA Markets: WCI prices crater on recession and coronavirus fears, as RGAs fall before auction results
Finance Advisor, Carbon Emissions Trading, Shell – Singapore
Coronavirus poses threat to climate action, says watchdog
IEA warns that Covid-19 could cause a slowdown in world’s clean energy transition
The coronavirus health crisis may lead to a slump in global carbon emissions this year but the outbreak poses a threat to long-term climate action by undermining investment in clean energy, according to the global energy watchdog.
The International Energy Agency (IEA) expects the economic fallout of Covid-19 to wipe out the world’s oil demand growth for the year ahead, which should cap the fossil fuel emissions that contribute to the climate crisis.
Continue reading...UPDATE – Judge hands California early victory in carbon market linkage suit, two challenges remain
For decades, scientists puzzled over the plastic 'missing' from our oceans – but now it's been found
EU Market: EUAs crash nearly 6% as markets react to US virus lock-up
Revealed: Monsanto’s secret funding for weedkiller studies
The research, used to help avoid a ban, claimed ‘severe impacts’ on farming if glyphosate was outlawed
Monsanto secretly funded academic studies indicating “very severe impacts” on farming and the environment if its controversial glyphosate weedkiller were banned, an investigation has found.
The research was used by the National Farmers’ Union and others to successfully lobby against a European ban in 2017. As a result of the revelations, the NFU has now amended its glyphosate information to declare the source of the research.
Continue reading...David Attenborough calls for ban on 'devastating' deep sea mining
Proposed mining of seabed could destroy unstudied ecosystems and disrupt vital carbon-storing functions, says naturalist
Sir David Attenborough has urged governments to ban deep sea mining, following a study warning of “potentially disastrous” risks to the ocean’s life-support systems if it goes ahead.
The study, by Fauna and Flora International (FFI), warns proposed plans to mine the seabed could cause significant loss of biodiversity, disruption of the ocean’s “biological pump”, and the loss of microbes important for storing carbon. The process, requiring machines operating thousands of metres under the sea, could also create plumes of sediment that smother areas far from the mining sites and kill wildlife.
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