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Britain can’t slash emissions without clamping down on the ‘polluter elite’ | Peter Newell
To move towards zero carbon, the government must focus on overconsumption by the wealthy and powerful
While the government gears up to hold the Cop26 summit in Glasgow, it continues to bail out Britain’s biggest polluters by granting tax credits to major oil and gas firms and slashing taxes on domestic flights within the UK. This is precisely the wrong way to go about meeting the Paris climate targets. If ministers are serious about the government’s environmental agenda, they should be enforcing policies that dramatically reduce the carbon footprints of society’s richest, and severing political ties with polluting industries.
In a recent report that I co-authored with a team at Sussex University, we argue that governments must focus on addressing the overconsumption of the rich in order to successfully drive down emissions. According to one recent analysis, emissions from the poorest 50% of the EU population fell by 24% from 1990 to 2015, while the carbon emissions from the most affluent 10% of EU citizens grew by 3%, and emissions from the wealthiest 1% – the super rich – grew by 5%. As work on the “polluter elite” shows, this problem is made worse by the political power and influence that these groups have over government policy, an issue that has once again come to the fore in the UK.
Continue reading...Into the wilds of the Huon Valley to track and trap the mysterious Tasmanian devil | First Dog on the Moon
You may think devils will go to great lengths to kill you but put one in a sack and in all seriousness, it will wait patiently for you to poke at it
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French giant Total Eren signs on to massive 8GW green hydrogen project in WA
Total Eren to collaborate with ASX listed Province Resources on the development of a huge wind, solar and green hydrogen project in Western Australia.
The post French giant Total Eren signs on to massive 8GW green hydrogen project in WA appeared first on RenewEconomy.
South Pole eyes acquisitions, expansion after Liechtenstein fund acquires 10% stake
A US ban on kangaroo leather would be an animal welfare disaster – and a missed farming opportunity
Joe Biden to reveal US emissions pledge in key climate crisis moment
President will also call on major economies to join him in bold action at virtual summit of 40 world leaders
Joe Biden faces a key test of his commitment to climate action this week, when he sets out his core plans for tackling the climate crisis and calls on all of the world’s major economies to join him in bold action to slash greenhouse gas emissions in the next ten years.
The US president has made the climate emergency one of his administration’s top priorities, and stated that clean growth must be the route for the US to rebound from the coronavirus crisis.
Continue reading...US, China promise more climate action, leaving Australia further isolated
Australia's tokenistic climate policy looks increasingly isolated after US and China jointly declare they are "firmly committed" to tackling climate change.
The post US, China promise more climate action, leaving Australia further isolated appeared first on RenewEconomy.
AGL led consortium ups offer for Tilt in bid to fend off Canadian rival
AGL-backed consortium ups Tilt Renewables takeover offer to A$2.83 billion, after a rival bid emerges from a Canadian pension fund.
The post AGL led consortium ups offer for Tilt in bid to fend off Canadian rival appeared first on RenewEconomy.
Japan’s pivot to renewables will kick Australian exports right in the thermals
Japan accounts for about one third of Australia's thermal coal and LNG exports, so if it goes green then Australia better have a plan.
The post Japan’s pivot to renewables will kick Australian exports right in the thermals appeared first on RenewEconomy.
Coal financing costs surge as investors opt for renewable energy
Study finds returns must repay four times the payoff from clean energy investment to justify escalating risk
Coal financing costs have surged over the last decade as investors demand returns four times as high as the payoff required from renewable energy projects to justify the risk of investing in fossil fuels, as the world moves towards cleaner energy sources.
A University of Oxford study found that over the same period the cost of investing in renewable energy sources, such as windfarms and solar arrays, has tumbled as the clean energy technologies prove they can be cost-effective and lucrative investments.
Continue reading...Delta flagged early closure of Vales Point coal plant when it rejected federal grant
Delta cancelled coal plant upgrades after being short-changed by Morrison government, and flagged an early closure of Vales Point, documents obtained under FOI show.
The post Delta flagged early closure of Vales Point coal plant when it rejected federal grant appeared first on RenewEconomy.
Microbes are ‘unknown unknowns’ despite being vital to all life, says study
Understanding these tiny organisms could be crucial to tackling threats such as coronavirus, but new research shows how little we know
A new study has highlighted how little is known about microbes – the hidden majority of life on Earth.
Life on the planet relies on an enormous quantity of bacteria, fungi and other tiny organisms. They generate oxygen, keep soils healthy and regulate the climate. Microbes play a crucial role in food production, such as cheese, beer, yoghurt and bread.
Continue reading...NSW coal region councils join forces for huge renewable energy mandate
As the state by-election for Upper Hunter focuses on coal, seven local councils and Hunter Water join forces for huge renewable energy order.
The post NSW coal region councils join forces for huge renewable energy mandate appeared first on RenewEconomy.
Australian miners in $4 billion lithium play to create world’s 5th biggest supplier
The $4 billion merger of Orocobre and Galaxy merger would create the fifth largest pure-play lithium chemicals company in the world.
The post Australian miners in $4 billion lithium play to create world’s 5th biggest supplier appeared first on RenewEconomy.
AGL advances plan to convert Hunter Valley coal mine into huge pumped hydro facility
AGL Energy will progress early works on a plan to convert an upper Hunter coal mine to pumped hydro energy storage, after promising preliminary studies.
The post AGL advances plan to convert Hunter Valley coal mine into huge pumped hydro facility appeared first on RenewEconomy.
Morrison’s $1 bln energy deal with South Australia points to futility of gas recovery
Morrison's latest energy deal will deliver gas that South AUstralia doesn't need any more, but could hasten shift to renewables in that state.
The post Morrison’s $1 bln energy deal with South Australia points to futility of gas recovery appeared first on RenewEconomy.