Feed aggregator

Some of Australia's pioneering wind and solar projects among those badly affected - ironically - by coal plant closures and changing grid flows.

The post Wind and solar projects smashed by line losses and changing coal power flows appeared first on RenewEconomy.

Iceland’s environment ministry has decided to buy carbon units to meet a shortfall to its legally-binding emissions target under the UN Kyoto Protocol, according to local media.

Pennsylvania’s new governor included RGGI revenues in Tuesday’s release of his first state budget for fiscal year 2023–24, even as he remained non-committal on supporting the state’s participation in the power sector emissions trading programme embroiled in legal logjam.

The first auction of Washington state’s WCI-modelled cap-and-trade programme sold out, with the clearing price coming well above levels on both the secondary market prior to the sale and in the California-Quebec scheme, according to results published Tuesday.

Terraformation is hiring a Head of Carbon Strategy to work with our Forestry Partnerships and Development team to lead our internal carbon projects strategy, strengthening our value proposition in the voluntary carbon offset markets.

The inclusion of hydrogen in the EU’s carbon border adjustment mechanism (CBAM) could delay the uptake of green hydrogen and favour usage of blue hydrogen by the bloc's heavy industry, representatives from various energy intensive sectors said on Tuesday at an event in Brussels.

A Colorado-based offset project developer on Tuesday announced a $3.2 mln fundraise that it will utilise to expand its portfolio pipeline abroad.

How has the national electricity market responded to one of the biggest reforms in years, the introduction of five-minute settlement? Analysis reveals more than a few surprises. Christina Nikitopoulos, Associate professor, Finance Discipline Group, University of Technology Sydney Muthe Mwampashi, PhD Candidate, University of Technology Sydney Licensed as Creative Commons – attribution, no derivatives.

The very people most in need of the cost savings from installing solar panels are missing out. Better policies are needed to make home solar systems accessible to all Australians. Martina Linnenluecke, Professor of Environmental Finance at UTS Business School, University of Technology Sydney Mauricio Marrone, Associate Professor, Department of Actuarial Studies and Business Analytics, Macquarie University Rohan Best, Senior Lecturer, Department of Economics, Macquarie University Licensed as Creative Commons – attribution, no derivatives.

A blockchain venture is launching a new voluntary carbon market marketplace to list over 20 million verified tokenised carbon credits at the outset, charging no fees to developers listing their projects.

A new assessment of Britain's research capability concludes it has "serious and longstanding problems".

The European Commission convened its first expert group meeting for carbon removals on Tuesday, aiming to steer the EU’s development of certification methodologies and legislation of technologies deemed crucial for the bloc to meet its goal of reaching net zero emissions by 2050. 

European carbon posted robust early gains before stabilising on Tuesday morning as technical factors dominated the session, while energy markets were little changed as prices have entered fuel-switching territory.

European carbon prices will remain strong out to 2030 despite a recent correction, according to analysts at an energy consultancy that announced its rebranding in a statement Tuesday.

The controversial decision to approve a new coalmine in Cumbria was met with dismay by UK environmental groups, with many wondering what it meant for a country that has pitched itself as a leader in the green energy revolution. But in the town of Whitehaven where the mine is to be situated, the feeling is very different, with vast support across the political spectrum. The Guardian's Richard Sprenger travels to the Mirehouse estate, a short distance from the Woodhouse Colliery site, to find out what lies behind this positivity in the face of a profound climate crisis

Continue reading...

China should accelerate the research and application of carbon capture, utilisation, and storage (CCUS) technologies and include such projects in the national offset programme, a top official at oil giant Sinopec has called for.

The rocket's failure to launch is a significant blow to the country's space plans.

A Senate committee on Tuesday released its inquiry report into the Safeguard Mechanism without shifting the debate much as opposition parties published their own dissenting reports, while new Australian Carbon Credit Issuance (ACCU) remained modest.

The failure of Pete Buttigieg, the US secretary of transportion, to appear for nearly three weeks recalls the incompetence of Fema during Hurricane Katrina

“Where’s Pete Buttigieg?” someone shouted at a February 15 town hall meeting in East Palestine, Ohio. “I don’t know,” Mayor Trent Conaway replied.

Twelve days earlier, a Norfolk Southern train carrying hazardous chemicals had derailed near the town. Three days later, the company announced it was going to carry out a controlled burn of vinyl chloride that would send dangerous gasses into the air, forcing many of East Palestine’s 4,700 residents to evacuate. They returned after receiving assurances that the air and water were safe, but a strong chemical odor clung to the town, and many continued to complain of headaches, nausea, and burning throats. And so several hundred residents had crowded into a local school to demand answers. Conaway said that two weeks had passed before anyone at the White House had contacted him, and the US secretary of transportation still hadn’t materialized.

Michael Massing is the author most recently of Fatal Discord: Erasmus, Luther, and the Fight for the Western Mind

Continue reading...

The Japanese government has committed A$2.35 billion ($1.6 bln) to develop a controversial hydrogen supply chain project that utilises a process known as brown coal gasification combined with CCS, to produce and liquefy the fuel for shipping from Australia to Japan, it was announced on Tuesday.