Daily update: Australian fossil fuel subsidies undermine case for wind, solar

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Daily update: Australian fossil fuel subsidies undermine case for wind, solar

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Renew Economy editor@reneweconomy.com.au via mail62.atl51.rsgsv.net

2:57 PM (42 minutes ago)

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Australian fossil fuel subsidies undermine case for wind, solar; Solar industry & voters rally to save RET; Electricity emissions jump as carbon price dumped; Big US utility hoses micro grid over centralised generation; GreenPower scheme to collapse under proposed RET change; Australia’s first fossil fuel free super fund launched; Aged care facility goes solar in Victoria; Usyd the thin end of the wedge in coal invested campaign; Gas ain’t so green says BP; On the verge of an EV battery breakthrough; Euro Council lifts 2030 renewables target to 30%; Tricking E.coli bacteria into making renewable propane; and 99.999% certainty humans a driving global warming says new study.
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The Parkinson Report
Residents on Tasmania’s Bass Strait islands will see their electricity bills fall this year, even as the cost of diesel rises. They pay less than one third of the true cost of electricity – just one example of the extraordinary subsidies that are crowing out solar, wind and storage in Australia.
A Save Solar meeting packed out in Queanbeyan, a signed letter from 500 solar businesses – pressure increases on Abbott govt to leave RET untouched.
Australian electricity emissions have quickly reversed course following the dumping of the carbon price, less hydro and more coal.
NRG Energy – the biggest generation company in US – joins Vermont utility to shift from centralised power grid to localised production and storage.
RET Review recommendation to include voluntary renewable power purchases within mandated annual RET targets would kill GreenPower scheme, says ATA.
Former GetUp director Simon Sheikh launches Australia’s first fossil fuel free super fund as coal and oil divestment campaigns gain momentum.
Aged care facility says it expects 20% annual return from 100kW rooftop solar investment.
Greenpeace’s campaign to get USYD to divest from Whitehaven Coal could be the thin end of a campaign that could embarrass coal investors and analysts alike.
Judging by the hype surrounding the US shale-gas revolution, you might guess natural gas was a sure-fire solution. It’s not.
Tesla could have found a battery cheap enough to make electric vehicles cost-competitive with conventional cars.
The new target, an increase on the previous 27% goal, is welcomed by solar industry, but draws criticism for failing to introduce binding commitments.
The vast majority of global energy demand is for fuel, and a renewable source could help us heat our houses and travel efficiently long into the future.
Less than 1 chance in 100,000 that global average temperature over the past 60 years would have been as high without human-caused greenhouse gas emissions.

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