Climate's right for change to carbon debate
Greens MP Adam Bandt and the independents who threw their lot in with Labor have made it clear they would like to see the Federal Government take action to address climate change.
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Wong tipped to move from climate
A new face may become the federal climate change minister, with Penny Wong tipped to stand aside after a difficult tenure. Her replacement faces the tough task of crafting a new climate policy - possibly involving a carbon price - out of a hung parliament.
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Labor pressured to pass climate laws
Australia's Labor Party returned to office this week after gaining support from independents and Greens. As a result, the country is much more likely to pass climate change legislation, according to a Reuters story.
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Mafia cash in on EU wind farm handouts
An ill wind is blowing over Italy's green revolution, as the Mafia seek to capitalise on generous grants for renewable energy.
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No need to be afraid of a tax on carbon
The most significant policy issue in the deal struck between the Australian Greens and the Australian Labor Party was that of climate policy.
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Greens: 'Don't be a coal mine for China'
Australia's new minority government must balance the economic benefits of a booming coal industry with an electorate calling for climate action
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Surfing China’s Green IPO Wav
Propelled in part by the backing of powerful Beijing bureaucrats, green-themed Chinese companies are poised to reap billions of dollars from public offerings to new investors in coming months. And while the fees for handling the share sales should keep investment bankers happy, investors may want to ask at what price are they willing to jump on the trend.
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The best opportunity for RE we may ever get
Now that we finally know who is going to govern our country; now that we know who is backing whom and why; now that we’ve breathed a collective sign of relief; now – right now – it’s time to mobilise!
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Smart grids play key role in energy infrastructure
The EU's ambitious goals of a 20 percent increase in energy efficiency, a 20 percent increase in renewables and a 20 percent reduction of carbon dioxide emissions - all by the year 2020 - are a huge undertaking.
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Hydrocarbons fuel natural advantage in RE
Oil producing nations like the UAE are central to the worldwide energy sector. But to maintain this leadership in the long term, our countries need to increase and diversify their energy portfolios to include renewables.
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Photovoltaic Market in Asia and Pacific
The latest market estimates in spring 2010 came as a surprise for most people. The current estimates are between 7.1 and 7.8 GW, as reported by various consultancies.
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Fears that electricity prices are set to soa
PROMOTERS of renewable energy projects are big winners from the re-election of the Gillard Government. But there is concern among wider industry participants this could lead to higher electricity prices.
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Solar progress means there's money to be had
Recent research we've undertaken suggests that two trends are converging which could transform the roofs of Australian commercial property. The first is the cheaper cost of solar photovoltaic, or solar PV, panel
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Climate change big issue for new government
The National Farmers Federation wants a guarantee that agriculture will be exempt from future carbon charges, after climate change became a key issue for the returned Federal Labor Government.
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China tops Ernst & Young RE ranking
China overtook of the U.S. to lead a quarterly index of the most attractive countries for renewable energy projects for the first time, according to the the global accounting firm Ernst & Young, which compiles the list. China, which shared the lead with the U.S. in the first quarter, moved ahead of the world’s largest economy and ranked the most attractive for investment in wind and solar projects. The move followed the failure of a proposed energy bill in the U.S. to include a clean energy standard.
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USA: $575 million in carbon capture grants
The Energy Department said Tuesday it was awarding $575 million for carbon capture research-and-development projects in 15 states. The experimental technique involves storing carbon dioxide emissions from coal plants and other sources underground, in an attempt to reduce pollution blamed for contributing to global warming. "This is a major step forward in the fight to reduce carbon emissions from industrial plants," said Energy Secretary Steven Chu. "These new technologies will not only help fight climate change, they will create jobs now and help position the United States to lead the world in clean coal technologies, which will only increase in demand in the years ahead."
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Spain: wind power slowdown
Just 727MW of new installed wind capacity was put into operation in Spain during the first six months of 2010, against a half-year average of over 1000MW betwen 2004 and 2008. The figures were released in an update from national wind energy association, Asociación Empresarial Eólica (AEE).
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UK: David Miliband backs calls for EPS
David Miliband yesterday attempted to win over green voters in the race for the Labour leadership, confirming he supports proposals for an emissions performance standard (EPS) that would effectively ban construction of coal-fired power plants without carbon capture and storage capabilities. The move will put pressure on his brother and main leadership rival, Ed Miliband, who opposed the policy when he served as energy and climate change secretary.
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A world of opportunities
Renewables seem to be on the nose yet there are many reasons why adding them to a portfolio is a good strategy, writes David Potts.
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HSBC - bigger growth for low-carbon cars
Low-carbon vehicles, such as electric cars, will be a bigger global market by 2020 than renewable energy, such as wind and solar power, according to a report by HSBC bank. The report predicts that 8.65m electric vehicles and 9.23m plug-in and hybrid electric vehicles will be sold globally in 2020, up from around 5,000 and 657,000 respectively in 2009.
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Oz Greens Seek quick Climate Steps
Sept. 7 (Bloomberg) -- The Australian Greens plan “fast and furious” action to establish a climate change committee and impose a price on carbon emissions under a government led by the Labor Party’s Julia Gillard. “This is the best political opportunity collectively we’ve ever had,” Christine Milne, deputy leader of the Greens Party, said in Sydney today before Gillard won the support needed to form a government. With Labor retaining power, “this committee will be on track fast and furious,” Milne said.
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GILLARD SNATCHES VICTORY
JULIA Gillard today declared Labor ready to govern after a $9.9 billion package for the region won the votes of two key independents. After confirming that she had offered Rob Oakeshott a frontbench role to serve regional Australia in a Labor government, the Prime Minister said the package was a "fair share".
She declared her $9.9 billion deal with the independents will deliver a net impact on the budget of just $43 million.
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Merkel sets stage for nuclear power battle
Chancellor Angela Merkel on Monday hailed government proposals to postpone Germany's exit from nuclear power as a "revolution," setting up what one opposition MP called a "fiery autumn" of protests.
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GE, Siemens, Vestas Back Oz to Introduce Price on Carbon
Australia must introduce a price on carbon to give businesses the certainty needed to invest in clean energy and to create jobs, 20 companies including General Electric Co., Siemens AG and Vestas Wind Systems A/S said.
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Act on climate or be left behind, says Stern
ONE of the world's leading climate change experts, Sir Nicholas Stern, has warned countries such as Australia will face future trade barriers unless it moves to a low-carbon economy.
In a speech to the National Press Club yesterday, Lord Stern said the world should embrace what he called the ''new industrial revolution'' of cleaner technologies and renewable energy.
''Not participating in this new industrial revolution runs two types of risk: you drop behind technologically and you risk, not tomorrow or the next day but 10 or so years from now, finding real difficulty in the trade story,'' he said. ''Ten or 15 years from now, those that produce in dirty ways are likely to face trade barriers.''
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Review calls for UN climate shake-up
A major report handed to the United Nations in New York overnight recommends a big shake-up of the way the international body's Intergovernmental Panel on Climate Change (IPCC) is run.
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ETS delay a national failure: Rann
AUSTRALIA is failing to meet its international responsibilities by delaying the introduction of an emissions trading scheme, Mike Rann said yesterday.
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Wind feels the heat from small solar
WIND farm investment is suffering from a ''bust'' due to complex policy changes and uncertainty over government responses to climate change, says Infigen Energy.
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Vic sets up $30m for green energy grants
Projects to advance solar, geothermal and bio-energy in Victoria will now have access to a $30 million grant scheme, as the Brumby government pushes its green credentials before the November election.
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German offshore wind contracts awarded
The Joint Venture Nordsee Nassbagger- und Tiefbau Gmbh – GeoSea NV, both of them members of the Belgian dredging, marine engineering and environmental Group DEME, has been awarded two different contracts for prepiling and installation works to construct both the EnBW Baltic 2 wind farm, 32 km north of the island of Rügen, and the Trianel West Borkum II wind farm, 45 km north of the East Frisian Island Borkum in German waters.
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Independents crucial to breaking climate deadlock
Australia’s clean energy industry urges Federal Independent MPs to back whichever party will deliver a carbon price as soon as possible and provide the optimal conditions for investment in renewable energy.
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Germany 2050: demand met by renewables
Most of Germany's energy demand can be met through renewable sources by 2050 but this is dependent on agreeing ambitious, multi-billion euro expenditure, according to the conclusions of a government-commissioned report into the country's future energy policy.
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Anholt wind farm foundation contract
Dutch builder Ballast Nedam announced on Monday an order to lay down the foundations of the Anholt wind farm in Denmark. The Dutch company has signed a contract with A2SEA A/S for the use of its heavy lift vessel (HLV) Svanen in the construction of the Anholt offshore wind farm in Denmark, without providing financial details.
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Shell’s $12bn advanced biofuel investment
Shell and Cosan, one of the world’s largest sugarcane ethanol companies based in Brazil, signed binding agreements to form a $12 billion joint venture for the production and commercialization of ethanol and power from sugar cane. The resulting joint venture, if completed, will be the third largest ethanol producer in the world with 4,500 retail stations and annual production capacity of 2 billion liters (440 million gallons).
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Merkel’s commitment to nuclear energy
German chancellor Angela Merkel has announced an extension to the nation's nuclear power plant operations for up to 15 years beyond a scheduled phase-out, in a move critics fear might signal that atomic power is here to stay.
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UK: Housebuilders to win reduced carbon target for homes
One of the UK's most radical environmental policies – requiring all new homes from 2016 to be "zero carbon" – is set to be scaled back amid pressure from the housebuilding industry.
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Windsor and Katter push for more ethanol in petrol
INDEPENDENT MP Tony Windsor wants the next government to implement policies that will encourage ethanol use in cars.
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Our politics distorted by climate alarmism
CLIVE Hamilton's latest foray into the climate debate ("MPs' obligation is to the planet", Commentary, 28-29/8) reinforces the need for better media scrutiny of dogmatic calls for "urgent action" to reduce carbon emissions which have, for two electoral cycles now, dominated political debate beyond all reason.
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WWF reveal renewable fears
Environmentalists have criticised a UK government report stating that the North Sea could store 100 years worth of carbon for focusing too much on old, coal-driven power rather than embracing renewable energy sources.
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Dry water could help fight climate change
Dry water might sound like an oxymoron but the concept is pretty straightforward: encapsulate microdrops of water in silica (otherwise known as common sand) to form a substance that looks like powdered sugar, then sit back and watch the fun. Though it was first discovered in 1968, the unique properties of dry water are only recently being recognized as an important tool for reducing greenhouse gas emissions.
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