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China flooding: Heavy rainfall leaves subways inundated with water

Heavy flooding has hit central China following unusually heavy rains, with the subway system in the city of Zhengzhou inundated with rushing water.

Environment

Vistra plans to shutter 1.3GW coal-fired Ohio plant five years early

Vistra on July 19 said it would close its 1.3-GW Zimmer coal-fired power plant in Ohio on May 31, 2022, five years earlier than previously announced, after the plant failed to clear the PJM capacity market.

Energy

Wind industry calls on G20 nations to set more urgent targets for renewables

Some of the biggest names in renewable energy are calling on the leaders of the Group of 20 nations to take action to speed up the deployment of green power to prevent dangerous global warming.

Energy Climate

Gales in Australia almost prompt new record for wind energy output

Australia’s main grid came close to a new record for wind energy output over the weekend, as two new wind projects began production for the first time, although the contribution of the newly connected projects remained minimal.

Energy

BayWa finishes floating Netherlands PV plants, largest outside of Asia

German renewables developer BayWa r.e. has completed two installations in the Netherlands totalling 71MWp that it says are the largest floating PV plants outside of Asia.

Energy

Shareholder activists claim New Hope misled investors on coal future

Shareholder activist group Market Forces has asked the corporate watchdog to investigate whether coal company New Hope misled investors by claiming that coal would “remain a significant part of the energy mix”.

Energy Climate

BlackRock proxy climate votes against companies rose 502% in 2021

BlackRock Inc. rejected almost five times more board directors at companies, including Berkshire Hathaway Inc. and Exxon Mobil Corp., during the recent proxy season because they failed to act on climate issues.

Energy

Over 500 organizations say carbon capture hinders energy transition

Investment in carbon capture technology will hinder Canada’s transition away from fossil fuels and exacerbate the effects of climate change, says a new letter co-signed by hundreds of organizations.

Energy

FERC issues permit for $4.9 billion pumped storage project in Washington

Daybreak Power Inc said July 19 that the Federal Energy Regulatory Commission issued a preliminary permit approving its proposed 2,650-MW Halverson Canyon Pumped Storage project near Creston, Wash.

Energy

BHP, world’s largest miner, mulls selling multibillion oil and gas assets

BHP Group is considering getting out of oil and gas in a multibillion-dollar exit that would accelerate its retreat from fossil fuels, according to people familiar with the matter.

Energy

EU polluters seeking carbon capture as solution despite poor results

As the European Union gets serious about fighting climate change, experts are fielding more calls than ever from polluters seeking help to trap, process and store their carbon emissions.

Energy

Renewables on pace to provide only one-third of grid power by 2030

If current trends continue, renewable energy will provide roughly one-third of US electricity to the grid by 2030, although this could reach half of generation if deployment increases, according to data by the Energy Information Administration (EIA) and the Federal Energy Regulatory Commission (F

Energy

Total cost of 2050 net-zero goal pegged between $92T and $173T

A massive increase in the deployment of wind, solar and battery storage over the next decade is essential if the world is to meet its goal of reaching net zero emissions by 2050 – the key to meeting the goals of the Paris climate target.

Energy

‘Everything is on fire’: Siberia hit by unprecedented burning

Locals fear for their health and property as smoke from raging forest fires shrouds an entire region of eastern Russia

Climate Environment

Climate scientists shocked by scale of floods in Germany

Deluge raises fears human-caused disruption is making extreme weather even worse than predicted.

Climate

Barely 10% of $17 trillion in COVID stimulus spent on green projects

Trillions of dollars poured into rescuing economies around the world from the Covid-19 crisis have been spent in ways that worsen the climate crisis and harm nature because governments have failed to fulfil promises of a “green recovery” from the pandemic.

Climate