Topics tagged with 'Energy'
NZ's largest wind farm in $3 billion sale
15 Mar 2021
Wind farm developer and operator Tilt Renewables is being split between New Zealand’s Mercury Energy and Australian investors in a $3 billion deal announced to sharemarkets in both countries this morning.
HSBC latest bank to tackle coal financing
15 Mar 2021
HSBC says it plans to ramp up its climate change policies and stop financing coal projects by 2040, as long as shareholders back the move.
EU keeps free credits for industry
15 Mar 2021
The European Parliament has rejected proposals to phase out free carbon dioxide pollution credits for industries covered by the EU’s Emissions Trading System, even as the bloc plans to gradually replace the scheme with a carbon levy at its border.
Our transport emissions hit new high
12 Mar 2021
New Zealand’s transport emissions are at an all-time high.
How heavy bombers hurt the climate
12 Mar 2021
The United States Airforce B-52 bomber that flew over Wairarapa during last month’s air show emitted as much carbon dioxide as 130 average mid-size cars emit per year in New Zealand.
The price of coal weighs heavy on planetary health
12 Mar 2021
The true cost of fossil fuels could be a quarter of the world's' GDP, scientists say.
Appliances should last longer, says UK
12 Mar 2021
Tougher rules are being introduced to make appliances such as fridges, washing machines and TVs cheaper to run and last longer, says the British Government.
Early shut for coal-fired power station
11 Mar 2021
Australia's third-largest power retailer EnergyAustralia will shut its ageing Yallourn coal-fired power station in 2028, four years earlier than previously flagged, stoking concern about electricity supply and price increases.
World’s first low-carbon ship is low on gas
11 Mar 2021
When shipping giant Maersk announced last month it would operate a “carbon-neutral” vessel by 2023, the Danish company committed to using a fuel that’s made from renewable sources, is free of soot-forming pollutants — and is currently in scarce supply.
EU border carbon levy could help poor countries
10 Mar 2021
Europe's future carbon border adjustment mechanism is part of the “new own resources” for the EU budget and must be used to combat global warming across the world, says MEP leading the project.
GENESIS: Reserve price will distort the market
9 Mar 2021
Including a confidential reserve price in next week’s Government auction of carbon credits could distort the carbon market, says one of the country’s largest emitters.
Carbon emissions slow, but not nearly fast enough
9 Mar 2021
Five years after a planet-wide vow to reduce carbon emissions, it happened; in 2020, the world’s nations pumped only 34 billion tonnes of carbon dioxide into the atmosphere, a drop of 2.6 billion tonnes on the previous year.
China to cut energy intensity, but no consumption cap
8 Mar 2021
China will cut energy intensity but has stopped short of setting a cap on energy use in its new development plan.
EU clashes over ‘net’ 2030 climate target
8 Mar 2021
Lawmakers have denounced a “loophole” in the European Commission’s proposed climate target for 2030 and pointed the finger at the EU executive for its hard negotiation style over the EU climate law.
Oil lobby killed carbon prices. Now it supports them?
8 Mar 2021
Twelve years ago, the American Petroleum Institute ran an ad in the print version of the Washington Post. “If you like $4 gasoline,” it read, “you’ll love the House Climate Bill.”
Economists, minister debate climate report
5 Mar 2021
Finance Minister Grant Robertson says the ClimCom draft advice on climate change is the most significant report in his lifetime.
Central bank turns eye to carbon in investments
4 Mar 2021
The Reserve Bank is reviewing the carbon footprint of its sovereign investments.
Dying oil companies leave millions in cleanup costs
4 Mar 2021
When Weatherly Oil and Gas filed for bankruptcy in February 2019, the company was walking away from several hundred Texas wells.
Fund stays away from fossil fuels, despite covid
3 Mar 2021
The New Zealand Superannuation Fund has bounced back from a covid-crisis slump – and without investing a cent in fossil fuels.
Fertiliser execs position ammonia as a battery for hydrogen
3 Mar 2021
Ammonia has until now been used chiefly in the fertiliser industry as a way to return nitrogen to the soil. But it also has potential in boosting renewables – both as a replacement for hydrogen in long-haul shipping and as a way of storing and transporting hydrogen.
Get rid of coal by 2030, Guterres tells nations
3 Mar 2021
United Nations Secretary-General Antonio Guterres on Tuesday called on wealthy nations to end coal use by 2030 so the world can meet its goals to curb global warming, urging G7 nations to make that commitment before or at a leaders' summit in June.
Banks should publish green yardstick, says authority
2 Mar 2021
European banks should publish a “green-asset ratio” as a core measure of their climate-friendly business activities, says the European Union's banking watchdog.
China’s dirty covid-19 recovery
2 Mar 2021
Official Chinese government figures show energy, steel and cement consumption rose in 2020, pushing emissions up as Beijing is expected to reveal its 2025 targets.
FRIDAY POLITICS: Collins embraces the ETS
26 Feb 2021
National Party leader Judith Collins seems to have abandoned her dismissal of the need for urgent action on climate change – and found a love for the Emissions Trading Scheme.
Why corporate climate polluters must pay
26 Feb 2021
Who should pay the huge costs of climate change’s damage? There’s a case for corporate climate polluters to contribute.
Gas firms target industrial ‘clusters’ for hydrogen
25 Feb 2021
Gas companies in Europe and America are looking at using the existing gas network to serve industrial “clusters” of hydrogen users in sectors like chemicals, cement and steelmaking, adopting a “phased approach” endorsed by the European Commission.
Three technologies that will change food production
25 Feb 2021
Agriculture’s impact on the planet is massive and relentless. Roughly 40 per cent of the Earth’s suitable land surface is used for cropland and grazing.
Don't get this wrong, Contact tells Government
24 Feb 2021
A major emitter wants the country’s first carbon auction delayed, warning that a botched auction could leave the market scrambling for credits.
OPINION: Carbon tariffs are not about Australia
24 Feb 2021
Reports that Britain’s prime minister, Boris Johnson, is considering calling for carbon border levies at the G7 summit to be held in London in June have produced a predictable reaction from the Australian government.
Climate threat in energy regulator's sights
24 Feb 2021
United States federal energy regulators say they will examine threats that climate change and extreme weather events pose to the country’s electric reliability in the wake of last week’s deadly Texas freeze that left millions of people without power.
Serville oranges being turned into energy
24 Feb 2021
A pilot scheme will use methane from fermenting fruit to create clean power for Serville's city water plant
Councils debating Climcom recommendations
23 Feb 2021
Greater Wellington and Waikato regional councils’ climate change committees both meet this afternoon to consider, among other things, responses to the Climate Change Commission’s 2021 draft report.
Gas networks eyeing hydrogen
23 Feb 2021
Australia's' natural gas pipeline owners are working to future-proof their $A75 billion in assets amid a global push towards clean energy, running tests to blend hydrogen with gas and produce green methane to replace the fossil fuel.
India’s energy policy is key to the planet’s future
23 Feb 2021
Here’s the bad news: Unless India opts for a totally new energy policy - a revolutionary switch to a clean future - the world has no chance of avoiding dangerous climate change.
New platform sets new record price
22 Feb 2021
THE COUNTRY’S newest carbon platform has done its first trade.
Leveraging AI to fight climate change
19 Feb 2021
International organisations, researchers and data scientists say artificial intelligence and big data are critical to combat years of promises but inadequate action on the climate, biodiversity and pollution crises.
Oil and gas get emojis, why not wind power?
19 Feb 2021
Scroll through all the emojis on your phone, and you’ll find a gas pump, an oil drum, and … zero sign of clean energy.
Green reforms of energy treaty divide EU
18 Feb 2021
The European Union has renewed its push for greening a major international treaty protecting energy investments, after last-minute wrangling and divisions between member states.
Europe pulls ahead in global hydrogen race
18 Feb 2021
Most of the world’s planned hydrogen projects and the biggest chunk of related investments this decade are expected to be in Europe, a new industry report says.
Proof it's business-as-usual for emissions
17 Feb 2021
New Zealand’s greenhouse gas emissions shot back to pre-lockdown levels as soon as restrictions were lifted last year, new data shows.
Deadline set for auction collateral
16 Feb 2021
If you are planning on taking part in the country's first carbon auction, you have until March 10 to hand over your collateral.
Vote against directors failing the climate, says ISS
16 Feb 2021
Major financial investors are to be urged by the world’s largest shareholder advisory firm to vote against company board members if they fail to address global heating in their roles.
Genesis puts another fossil-fuel unit on standby
15 Feb 2021
Genesis Energy says it is advancing plans for more renewable electricity generation – but is also preparing to fire up an extra fossil-fuel turbine at Huntly this winter if needed.
Sinking coal profits prompts rething at AGL
15 Feb 2021
Listed Australian energy company AGL says it will urgently rewrite its business strategy after rapid market change forced it to announce a massive loss in the December half, and as demand for home batteries, remote storage and electric vehicles is starting to “take off.”
Solar power’s future could soon be overshadowed
15 Feb 2021
As more households and industries have opted to harness the sun’s energy, a small but definite shadow is nagging at the many manufacturers who have put their faith in solar power’s future.
Bitcoin uses more energy than all of Argentina
15 Feb 2021
Bitcoin is a huge energy hog. And Tesla's recent announcement that it had bought $1.5 billion bitcoin — and will soon accept the cryptocurrency as payment for its cars — will only encourage more energy usage.
Shell expanding gas business despite net-zero pledge
12 Feb 2021
Shell has set new carbon emissions goals to become a net zero carbon energy company by 2050, but will continue to grow its gas business by more than 20 per cent in the next few years.
China’s energy agency floats increase in renewables target
12 Feb 2021
China’s National Energy Administration is considering an increase in the ambition of the country’s clean energy programme this decade.
Carbon-free future is in reach for US by 2050
12 Feb 2021
The United States − per head of population perhaps the world’s most prodigal emitter of greenhouse gases − can reverse that and have a carbon-free future within three decades, at a cost of no more than $1 per person per day.
Denmark to build 'first energy island' in North Sea
11 Feb 2021
A project to build a giant island providing enough energy for three million households has been given the green light by Denmark's politicians.