Climate Archives - RenewEconomy

What do you call a coal plant on a 2050 grid? “Incredibly expensive insurance”

Sophie Vorrath — Tue, 23 May 2023 05:03:43 +0000

What is a forecast of 14GW of coal in Australia in 2050 doing in a net zero scenario?

The post What do you call a coal plant on a 2050 grid? “Incredibly expensive insurance” appeared first on RenewEconomy.

Australia’s green hydrogen export dream could require 812GW of wind and solar

Sophie Vorrath — Tue, 23 May 2023 05:00:13 +0000

BNEF report finds Australia would need a massive total of 812GW of mostly onshore solar and wind power by 2050 to export green hydrogen and meet its climate targets.

The post Australia’s green hydrogen export dream could require 812GW of wind and solar appeared first on RenewEconomy.

Australia’s renewable superpower ambitions could be turbo-charged by Biden compact

Tim Buckley — Mon, 22 May 2023 00:05:01 +0000

US-Australia compact promises to massively boost our potential as a global renewables superpower and zero-emissions trade and investment leader.

The post Australia’s renewable superpower ambitions could be turbo-charged by Biden compact appeared first on RenewEconomy.

World headed for record hot year by 2028 – probably our first above 1.5°C limit

Andrew King — Thu, 18 May 2023 00:08:20 +0000

New report forecasts two-in-three chance of passing 1.5℃ threshold sometime in the next five years. Does this mean the Paris Agreement has already failed?

The post World headed for record hot year by 2028 – probably our first above 1.5°C limit appeared first on RenewEconomy.

Labor announces specialist “growth centre” to nurture Australian made renewables

Sophie Vorrath — Wed, 17 May 2023 05:16:40 +0000

Federal Labor promises a leg-up – and a home base – to businesses seeking to manufacture clean energy technologies and other climate solutions in Australia.

The post Labor announces specialist “growth centre” to nurture Australian made renewables appeared first on RenewEconomy.

Developing new gas projects is 100 per cent the wrong answer

Tim Buckley — Wed, 17 May 2023 01:54:04 +0000

Labor's retrograde pandering to the tax-avoiding multinational gas cartel is almost as counterproductive as the "gas-led recovery" brain-fart of the previous government.

The post Developing new gas projects is 100 per cent the wrong answer appeared first on RenewEconomy.

Victoria to legislate ambitious emissions target, lock in 95 pct renewables

Joshua S Hill — Tue, 16 May 2023 05:30:58 +0000

Victoria’s Labor government locks in shift to 95% renewables with one of the world’s most ambitious emissions reduction targets set to be legislated.

The post Victoria to legislate ambitious emissions target, lock in 95 pct renewables appeared first on RenewEconomy.

Why magnetite will be crucial to Australia’s green steel transition

Soroush Basirate & Simon Nicholas — Fri, 12 May 2023 04:18:50 +0000

The steel sector's green transition has shifted the industry's focus to the emerging high-grade market by further exploring magnetite iron ore.

The post Why magnetite will be crucial to Australia’s green steel transition appeared first on RenewEconomy.

Four charts on the unstoppable growth of solar – our best hope against climate change

Andrew Blakers — Fri, 12 May 2023 02:12:36 +0000

To supply everyone with enough electricity to live a good life, we’ll need about 200 billion megawatt-hours per year. Assuming solar does the heavy lifting, is it possible?

The post Four charts on the unstoppable growth of solar – our best hope against climate change appeared first on RenewEconomy.

Labor’s budget is good for climate and renewables – and great for the gas cartel

Tim Buckley — Wed, 10 May 2023 01:48:58 +0000

The Labor budget lacks ambition to leverage massive decarbonisation opportunities – and fails to deliver substantial social dividends through gas tax reform.

The post Labor’s budget is good for climate and renewables – and great for the gas cartel appeared first on RenewEconomy.