Geodynamics to partner with Gumatj clan to test direct heat, commercial-scale geothermal project in the Northern Territory to power Rio Tinto refinery.
News & Commentary
Meridian Energy to begin construction of the 131MW Mt Mercer wind farm, as it decides whether to take on Australian utilities at their own game, with a green tinge, and replicate an energy retailer that has been hugely successful in New Zealand.
Words we didn’t hear at the GOP convention; America’s lost carbon trillion; China’s low-carbon goldmine; and the ballooning cost of extreme weather.
Greg Combet talks to RenewEconomy about why the floor had to go; why carbon prices will rise; potential links with NZ and elsewhere; and Australia’s stance on the Kyoto Protocol, and a prognosis on the next climate change negotiations.
India mulls fast-tracking 1GW of solar auctions; China’s solar pain, renewables attractiveness gain; a geothermal deeps win; and Hanwha’s Q-Cells approval.
With his popularity plummeting, and power prices soaring, Ted Baillieu has undoubtedly backed the wrong horse when it comes to wind energy.
Whether the EUA price increases or remains depressed, the linking of Australia’s ETS to the EU market looks like clever policy either way.
The Climate Change Minister Greg Combet announced yesterday that the carbon floor price will not be implemented when the carbon pricing scheme enters into the floating phase on 1 July 2015. The Minister said that this was to facilitate Australia’s linkage with the European Union’s ETS market which will take place on 1 July 2015. […]
Removal of the floor price will reveal the true colours of our free marketeers, who will have no camouflage left behind which to conceal their self-interest.
Australia says it will scrap the proposed carbon floor price of its emissions trading scheme as part of a deal to link with the EU ETS, and will restrict access to Kyoto credits. The Australian carbon price will now be set in Europe. All eyes on Poland!