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COMMENT: The next ETS arriving at Platform 4…
NZ Market: NZUs slip to three-week low amid FPO’s last dance
Australia Market Roundup: Terra Carbon takes lion’s share of new ACCUs, govt prolongs crediting for some waste projects
*Climate and Land Use Manager, Lestari Capital – Singapore/Bali
Resources minister Keith Pitt refuses to say battery storage is dispatchable
Keith Pitt refuses to say whether he thinks battery storage is dispatchable, after blocking a government loan to a North Queensland wind and battery project.
The post Resources minister Keith Pitt refuses to say battery storage is dispatchable appeared first on RenewEconomy.
Logging exempt from environment laws despite destroying threatened species’ Victorian habitat, court finds
VicForests won appeal even though federal court upheld finding its activities threatened greater glider and Leadbeater’s possum
A Victorian government forestry agency has won an appeal against a landmark court judgment that found it had repeatedly breached conservation regulations during its logging of the state’s central highlands.
The full bench of the federal court on Monday overturned a judgment that last year found VicForests had breached a code of practice related to a regional forestry agreement between the federal and state governments, and had therefore lost its right to be exempt from national environment laws.
Continue reading...AEMO says Australia “well ahead” of 90 per cent renewables scenario for 2040
AEMO says record installations and growing pipeline of wind, solar and storage means Australia is well ahead of "step change" scenario.
The post AEMO says Australia “well ahead” of 90 per cent renewables scenario for 2040 appeared first on RenewEconomy.
No more solar, pass the scones: CWA votes to stop solar projects on prime farm land
Country Women's Association votes overwhelmingly to oppose large-scale solar on prime agricultural land, and rejects call for urgent action on climate.
The post No more solar, pass the scones: CWA votes to stop solar projects on prime farm land appeared first on RenewEconomy.
South Korea to spend $40 billion on world’s biggest floating wind farm
Three months after announcing it was building the world's biggest offshore wind farm, it now wants to build the world's biggest floating wind farm.
The post South Korea to spend $40 billion on world’s biggest floating wind farm appeared first on RenewEconomy.
Tea-growing areas to be badly hit if global heating intensifies
In Kenya, the area of optimal tea-growing conditions will be reduced by more than a quarter by 2050
Your morning cup of tea may never taste the same again if global heating increases and the climate crisis intensifies, according to research.
Some of the world’s biggest tea-growing areas will be among the worst hit by extreme weather, and their yields are likely to be vastly reduced in the coming decades if climate breakdown continues at its current pace. Floods, droughts, heatwaves and storms are likely to have a severe impact on tea-growing areas around the world, according to a report from the charity Christian Aid.
Continue reading...“Global leader in extinction:” ACF attacks collapse in Coalition environment budget
Ahead of the federal budget, ACF slams the Morrison government for a lack of spending on the environment and climate measures.
The post “Global leader in extinction:” ACF attacks collapse in Coalition environment budget appeared first on RenewEconomy.
CEP taps RACV Solar to kick off massive battery-backed solar network in NSW
CEP.Energy signs up RACV Solar as EPC partner on installation of 2.62MW solar, 4MW/10MWh battery storage at Narellan Town Centre in south-west Sydney.
The post CEP taps RACV Solar to kick off massive battery-backed solar network in NSW appeared first on RenewEconomy.
Installing solar panels over canals could yield water, land, air and climate payoffs
Building smart solar developments on canals can make power and water infrastructure more resilient while saving water, reducing costs and helping to fight climate change.
The post Installing solar panels over canals could yield water, land, air and climate payoffs appeared first on RenewEconomy.