Carbon markets

China's 2030 emission target - what it means

China has reconfirmed its target to peak emissions by 2030 and endeavour to do it sooner, but has also provided a more concrete target to cut the carbon emission intensity of GDP by 60% to 65%. But they may be able to do far better.

Alberta's $30 carbon price, Australia's renewables boost

In the world of clean energy this past week - Canada's Alberta will be doubling its carbon price to $30/tonne, renewables to grab two thirds of new power investment globally, a Republican Senator praised Obama for acting on climate change and things looking up for renewables in Australia.

Tax or trade – have we reached a verdict?

With carbon pricing on the agenda at Paris, it's worth considering whether cap-and-trade or taxation is the best way to go. For most countries it will be the former - but there are likely to be exceptions.

ClimateWorks: Australia can halve emissions by 2030

Energy efficiency in buildings, industry and transport would bring Australia’s emissions back to 2005 levels by 2030. Then switching to renewables in the electricity sector, and powering more sectors with that green energy, plus some land use changes and a switch to biofuel and gas in some areas, would finish the job.

Investors press 'go' on 3rd largest wind farm - has the big renewables drought ended?

$450m has been committed to construction of the Ararat Wind Farm, breaking a two-year investment drought with a bang. But it's not yet clear that passage of the new RET means other investors will flock in, although they probably should.

Group gets green light for Vic wind farm

by AAP
Consortium to move ahead on $450m Ararat proposal.

Can we put the anti-renewable energy jihad behind us?

After the new RET legislation was passed there was a flurry of trades in renewable energy certificates. But this painfully long two-year political rollercoaster has left investor confidence shaken.

Vic not happy with Labor over RET

by AAP
Greens amendment would have given states leeway to set own target.

The Liberal Party's broad church still very cool on climate

The party's federal council meeting this weekend will call for the government not to sign 'any binding agreement' in Paris, while its regional committee still says the science is uncertain.

We can get back to building: CEC

Target cut but renewables body takes solace from return to bipartisanship.

Policy moves strike onshore wind; Trina chooses to build in India

The week in clean energy saw the UK and Sweden move against wind support while Uruguay took steps to its goal of 38% wind by 2017. Meanwhile, solar giant Trina chose India for a $500m factory.

Abbott Govt considering 2030 cuts of 24-28%: report

Speculation the Coalition will beat expectations on new target.

Labor to support fuel excise hike

by AAP
Labor backs down in fight against government's $3 billion fuel excise increase.

Will the Pope get through to Abbott and Madigan where scientists failed?

When it comes to getting these two fervent Catholics on board with the scientists, Pope Francis looks like he has only got a chance with one.

Jacqui Lambie’s plan to jail 25% of Australians

The senator's views that supporters of renewable energy targets should be 'locked up' could see our jails overflowing, with me among the proud inmates.

Lazarus slams RET deal ahead of vote

Australian first nation to reduce renewables; 'despicable act'.

Govt makes 'pledge' to get tougher on wind farms

Wind industry says key states already have 'toughest' noise limits in the world.

New RET set to pass - 'helping our enemies destroy a great nation'

The revised Renewable Energy Target bill looks set to pass, potentially as early as tonight, in spite of disagreement over native forest wood-waste, and strong opposition from Coalition and crossbench senators, who even suggested it is ‘helping our enemies destroy a great nation’.

RET bill likely to be voted on by Senate

by AAP
Pared-back target likely to come to a vote today.

Solar leapfrogs wind in India; BYD eyes German storage market

The week in clean energy saw India's solar target rise to 2.5GW, more than wind's 2.4GW while, elsewhere, BYD started selling new portable power-storage units in Germany.