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Market players warn of price volatility risk in early years of Australia’s Safeguard Mechanism

Carbon Pulse - Fri, 2022-09-23 15:15
The creation of a secondary crediting scheme in the reformed Safeguard Mechanism could spark volatility in the market in the early years after the reform is implemented, and the government should introduce measures to minimise that, Australia’s peak body for financial institutions have warned.
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UK climate activists held in jail for up to six months before trial

The Guardian - Fri, 2022-09-23 15:00

Campaigners say protesters arrested for blocking roads getting ‘lost in prison system’ while on remand

Climate campaigners arrested on suspicion of blocking roads or other offences are waiting up to six months in prison before being tried.

Josh Smith, a 29-year-old stonemason from Manchester, has been held on remand in HMP Peterborough for more than two months.

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Energy crisis: UK fracks back, France fast-tracks offshore wind, Sweden lets off steam

RenewEconomy - Fri, 2022-09-23 14:11

france offshore windUK government lifts moratorium on gas fracking, flags new oil and gas licensing round; France launches first offshore wind farm with promise to fast-track renewables.

The post Energy crisis: UK fracks back, France fast-tracks offshore wind, Sweden lets off steam appeared first on RenewEconomy.

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Germany considering plan to boost EUA auction revenue target under REPowerEU

Carbon Pulse - Fri, 2022-09-23 14:03
Germany is weighing a proposal to increase the revenue target for carbon allowance sales under the EU’s REPowerEU plan, but wants to ensure measures are taken to protect the integrity of the ETS.
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Bowen inks deal to bring big corporate bucks to Australian renewables

RenewEconomy - Fri, 2022-09-23 13:13

bowen kerry aus usUS and Australia sign deal to allow major US corporations including Amazon, Google and Unilever to invest more easily in Australian renewables projects.

The post Bowen inks deal to bring big corporate bucks to Australian renewables appeared first on RenewEconomy.

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Australian wave power technology passes key EU test, wins further funding

RenewEconomy - Fri, 2022-09-23 12:19

Carnegie CETO 6 wave generator - optimisedCarnegie Clean Energy welcomes "huge endorsement" of CETO technology as it moves to phase two of competitive EU commercialisation program.

The post Australian wave power technology passes key EU test, wins further funding appeared first on RenewEconomy.

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FFI signs $80m research deal in US – “now the best place for green hydrogen investment”

RenewEconomy - Fri, 2022-09-23 11:42

"Twiggy" Forrest’s Fortescue Future Industries to back National Renewable Energy Laboratory green industry research projects to tune of $80 million for up to 10 years.

The post FFI signs $80m research deal in US – “now the best place for green hydrogen investment” appeared first on RenewEconomy.

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The Driven Podcast: Australia will soon have electric utes

RenewEconomy - Fri, 2022-09-23 10:56

Australian startup plans to convert Toyota Hiluxes and other utes into EVs on a commercial scale, and then create Australia’s first home-made electric ute.

The post The Driven Podcast: Australia will soon have electric utes appeared first on RenewEconomy.

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Want noisy miners to be less despotic? Think twice before filling your garden with nectar-rich flowers

The Conversation - Fri, 2022-09-23 10:34
Our study found it wasn’t cafes with access to sugar-rich food that led to more miner aggression. In fact, gardens were where we recorded the highest amount of aggressive behaviour. Jade Fountain, PhD Student, University of Adelaide Paul McDonald, Professor of Animal Behaviour, University of New England Licensed as Creative Commons – attribution, no derivatives.
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Climate change risk to coastal castles - English Heritage

BBC - Fri, 2022-09-23 10:04
Rising sea levels are threatening ancient castles and forts at an accelerating rate, says English Heritage.
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Small communities could be buying, selling and saving money on electric power right now – here’s how

The Conversation - Fri, 2022-09-23 09:59
A technique called ‘energy arbitrage’ allows owners of local ‘microgrids’ to make a profit by designing the network to buy cheap power, store it and sell it back at a higher price. Soheil Mohseni, Postdoctoral Research Fellow in Sustainable Energy Systems, Te Herenga Waka — Victoria University of Wellington Alan Brent, Professor and Chair in Sustainable Energy Systems, Te Herenga Waka — Victoria University of Wellington Licensed as Creative Commons – attribution, no derivatives.
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Energy Insiders Podcast: How to make buildings green and efficient

RenewEconomy - Fri, 2022-09-23 09:39

Green Building Council's Davina Rooney on low carbon concrete, microgrids, and taking emissions out of the built environment. Plus: Transition moments for Origin, AGL and Santos, and more big hydrogen plays.

The post Energy Insiders Podcast: How to make buildings green and efficient appeared first on RenewEconomy.

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G7-led climate club to exempt members from border measures, says German official

Carbon Pulse - Fri, 2022-09-23 09:30
The ‘inclusive’ climate club due to be unveiled by year-end by the G7 will exempt its member nations from the carbon border adjustment mechanisms (CBAMs) of other members, a German official told a conference on Thursday.
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European securities watchdog rejects use of EU carbon as general collateral in wider energy markets

Carbon Pulse - Fri, 2022-09-23 09:14
Europe’s securities watchdog has rejected the idea that EU Allowances should be able to be used as general collateral by financial market participants amid ongoing turmoil in the bloc's energy markets.
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Climate change: Spike in Amazon emissions linked to law enforcement

BBC - Fri, 2022-09-23 09:00
Scientists say a huge increase in deforestation in the Amazon is linked to lax law enforcement.
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NA Markets: CCA prices tread lower amid lack of drivers, RGAs fade to 2-mth low

Carbon Pulse - Fri, 2022-09-23 08:55
California Carbon Allowance (CCA) prices fell on revamped selling pressure this week amid a bearish macroeconomic environment, while RGGI Allowances (RGAs) also lost ground as speculators offloaded permits and compliance entities stayed on the sidelines.
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Direct air capture no longer seen as a “future technology” as policy tailwinds pave way for growth

Carbon Pulse - Fri, 2022-09-23 08:35
Developers and advocates of direct air capture are hailing the long-sought emergence of the technology in the North American marketplace as newly established government incentives are expected to spur growth in the industry, while development projects are advancing.
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Tory MPs angrily challenge Rees-Mogg’s fracking revival plan

The Guardian - Fri, 2022-09-23 08:16

Energy secretary considers bypassing local planning rules as backbenchers voice opposition

Ministers face a furious backlash from Conservative MPs after overturning a manifesto pledge to pause fracking until it is proved safe, and then indicating drilling could be imposed without local support.

Outlining a return to shale gas extraction in England after three years, Jacob Rees-Mogg dismissed worries about earthquakes caused by the practice as “hysteria”, claiming this was often down to a lack of scientific understanding.

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Officials make patchy progress on UN carbon credit mechanism

Carbon Pulse - Fri, 2022-09-23 06:43
The Article 6.4 Supervisory Body failed to find consensus on core items at its second meeting this week to leave uncertainty on key aspects of the UN's new carbon crediting mechanism, but the body did agree on a new fee structure, work plan, and the need for external technical support.
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Termites love global warming – the pace of their wood munching gets significantly faster in hotter weather

The Conversation - Fri, 2022-09-23 06:18
Termites are about to experience a significant global expansion in their prime habitat, thanks to climate change. Here’s what that means for deadwood. Alexander Cheesman, Senior Research Fellow, James Cook University Amy Zanne, Professor in Biology and Aresty Chair in Tropical Ecology, University of Miami Lucas Cernusak, Associate Professor, Plant Physiology, James Cook University Licensed as Creative Commons – attribution, no derivatives.
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