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Category: Climate

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Small-scale solar will displace $2 billion of US power by 2025

Small-scale solar will displace $2 billion of US power by 2025

Solar on U.S. homes and businesses will grow 10% a year, displacing $2 billion of grid-based power by 2025. But Australia leads the way.

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Why solar towers and storage plants will reshape energy markets

Why solar towers and storage plants will reshape energy markets

More details emerge of the contract for the Port Augusta solar tower and storage project, and why it means huge change for energy markets, and a shift of focus from “base-load” fossil fuel to clean, flexible capacity built around “base-cost” renewables.

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Graph of the Day: Higher SA wind output, lower wholesale power prices

Graph of the Day: Higher SA wind output, lower wholesale power prices

Unlike yesterday’s chart on gas, today’s graph shows wind has the opposite effect – more output takes power prices lower.

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Graph of the Day: SA higher gas output mirrors higher power price

Graph of the Day: SA higher gas output mirrors higher power price

Today’s SA chart illustrates the simple fact that as gas power increases penetration in the state, the electricity pool price climbs higher.

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Chinese climate impacts will hit Australian economy

Chinese climate impacts will hit Australian economy

How hard will climate impacts in China hit Australia’s economy? It’s a question for the Senate inquiry into national security implications of climate change.

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Contact energy in large scale climate bonds certification

Contact energy in large scale climate bonds certification

Listed New Zealand company Contact Energy Ltd (CEN) has gained Climate Bonds Certification of geothermal assets as part of its new Green Loan Borrowing Programme for NZD1.8bn.

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Coal rift? Coalition sends mixed message on new coal power

Coal rift? Coalition sends mixed message on new coal power

Federal treasurer says cheap new coal power a “myth”, federal energy minister says it must be considered – even if the market disagrees.

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CommBank to face new shareholder resolution after climate policy fail

CommBank to face new shareholder resolution after climate policy fail

Market Forces will lodge a new shareholder resolution against Commonwealth Bank after its climate change position statement released today fell well short of its publicly-made 2 degree commitments.

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Trump’s oil problem

Trump’s oil problem

The president promised a surge of jobs and tax revenue from oil. His policies won’t deliver either one.

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Europe offshore wind build-out must triple to bring Paris goals within reach

Europe offshore wind build-out must triple to bring Paris goals within reach

To support the Paris Agreement’s goal of limiting temperature increase to 1.5°C, Europe will need a CO2-neutral electricity supply by 2045.

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The crazy climate records from 2016 you haven’t heard much about

The crazy climate records from 2016 you haven’t heard much about

Here are other climate change-related records that have flown more under the radar, reported in the annual State of the Climate report.