Malcolm Turnbull defends renewable energy agency Abbott wanted scrapped

Malcolm Turnbull says the renewable energy agency that Tony Abbott wanted to scrap has been “very well run”, as he announces a $1 billion fund to spur investment in the sector. The funding will be spread over a decade and will draw on part of the borrowings meant to support the Clean Energy Finance Corporation, a $10 billion scheme that Mr Abbott vowed to scrap but which will be retained. The new statement will make it clear that a bill to dismantle the CEFC, which has been rejected twice and is a trigger for a double-dissolution election, will be abandoned …

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Companies putting the new in renewable

Based on the vision of a sustainable and resource-efficient future, clean technology is all about minimizing pollution and making the world’s infrastructure energy efficient. Renewable energy, sustainable chemistry, and recycling are just a handful of initiatives the sector focuses on. Last year, the Chinese cleantech market invested over $100 billion in cleantech initiatives. In Australia, cleantech stocks are consistently surpassing the wider market. It’s not just the Asia-Pacific region that’s getting into a tizzy over clean energy. In North America, Canadian businesses are pushing the government to invest in clean innovation and decrease their reliance on fossil fuels. And it’s …

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The quest for the perfect wave for renewable energy is being solved by Australian science

Australia’s search for the perfect wave is being solved with a wave energy atlas. The CSIRO wave atlas project is mapping the wave energy potential of Australia’s vast coastline for renewable wave energy farms. Atlas project leader Dr Mark Hemer said the project found most of Australia’s south west and southern coastline had some of the world’s best wave energy resource. “We’ve just released a development version of the atlas,” he said. “Obviously some people are interested, like the project developers themselves or the device developers, potential financiers, [and] marine planners trying to allocate sections of the marine resource. “We’re …

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CWP Renewables the latest winner of the ACT government’s wind energy auction

The Australian company CWP Renewables has become the latest winner of the ACT government’s wind energy auction, securing a 20 year contract for 100MW of capacity that will allow it to go ahead and build the biggest wind farm in NSW. CWP Renewables hopes to complete the 260MW Sapphire wind project near Glen Innes in northern NSW in 2018, and it is also looking to add a solar farm to the facility, starting with an initial 20MW. It bid a price of $89.10 per MWh for the output of its proposed wind farm. Unlike most power purchase agreements, this price …

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The WTO ruling against India’s booming solar program

On the heels of the recent global summit in Paris to tackle climate disruption, the World Trade Organization (WTO) has ruled against an important piece of the climate solution puzzle: India’s ambitious program to create homegrown solar energy. The ruling shows that decades-old, over-reaching trade rules are out of sync with the global challenge to transition to 100 percent clean energy as extracted by a Huffington Post news report. In just five years, thanks to India’s National Solar Mission, India has gone from having virtually no solar capacity to boasting one of the world’s fastest-growing solar industries. In just the …

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Australian foresters look to future demand for biomass renewable energy

The Australian forestry industry will promote the use of biomass for energy production, with the aim to diversify the sector to increase profitability. Assistant Minister for Agriculture and Water Resources Anne Ruston chaired the sixth annual Forest Industry Advisory Council meeting last week. She said the industry recognised a need to take a “less traditional approach” to forestry into the future. Ms Ruston said foresters would seek to develop markets for timber and biomass products to be used as renewable energy resources. “The industry is very keen to pursue a bio-based economy for forestry to make sure that we are …

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Will wind energy have longevity?

Wind power is currently the cheapest source of large-scale renewable energy. It involves generating electricity from the naturally occurring power of the wind. In a TriplePundit article published yesterday; Wind Energy is Top-Dog in the EU … But Will It Last? It refers to a report by the European Wind Energy Association and discusses whether or not it will remain top of the league board. The article states, it’s a good time for wind energy, particularly in the European Union. The EU added more new wind-energy capacity than any other form of power last year, according to the EWEA report. …

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Naomi Klein says building new nuclear power plants ‘doesn’t make sense’

News.com.au, 1 September 2015. BUILDING new nuclear power plants to create a carbon-free world “doesn’t make sense” and just serves as a distraction from the risks, Canadian author Naomi Klein says. The activist and author of This Changes Everything, was asked what she thought about the possibility of building a nuclear power plant in South Australia, which a Royal Commission in the state is currently considering. Backers of nuclear power often spruik it as an alternative to renewables because it does not produce greenhouse gases, unlike coal-fired power stations. But Klein said building new nuclear plants did not make any …

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Sustainability in Business Association Education 2015

The Sustainability in Business Association will celebrate its 6th birthday this year with a change of focus and a wider business and sectoral agenda. Included in the new initiatives are; • An updated website with increased member content. This will include sustainability podcasts and papers from a number of conferences. • Members will have the opportunity to present at a selection of conferences and have their business papers published internationally with an ISBN number. Academic papers will also have the option of peer reviewing before publication. • Sustainability streams and access to member rates will be available at the following …

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Sustainable Renewable Energy Sources in US continue to grow

Sustainable Renewable Energy According to the latest issue of the U.S. Energy Information Administration’s (EIA) “Electric Power Monthly,” with preliminary data through to June 30, 2013, renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) provided 14.20 percent of the nation’s net electric power generation during the first half of the year. For the same period in 2012, renewables accounted for 13.57 percent of net electrical generation. Moreover, non-hydro renewables have more than tripled their output during the past decade. They now account for almost the same share of electrical generation (6.71 percent) as does conventional hydropower (7.49 percent). Ten …

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