‘I love the smell of success more than petrol’: investors break with tradition in world-leading climate campaign

Investors say climate change poses biggest risk to their assets, and urge Albanese government to see the economic dangers of a slow path to net zero

Institutional investors dealing with portfolios in the trillions of dollars aren’t typically the most vocal climate campaigners. You won’t find many superannuation fund staff, fund managers, asset consultants or brokers with a placard on the streets or on top of a Newcastle coal train.

But you may increasingly find them on a screen you’re watching. Or at least their message.

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UK ‘risks repeat of surging energy bills’ amid continued reliance on gas

Energy crisis panel warns country is ‘dangerously unprepared’ and must shift away from gas quickly

Britain is at risk of experiencing a repeat of the sharp increase in energy costs which has fuelled the continuing cost of living crisis because it relies too heavily on gas, according to an expert panel of industry leaders.

The Energy Crisis Commission has warned that the UK is still “dangerously underprepared” for another crisis because it continues to rely on gas for its power plants and home heating.

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Some Australian states are discovering what happens when they have too much rooftop solar

Alerts to possible power shortfalls have become a familiar occurrence. But experts say it won’t be long before the opposite is common

When Victoria basks in mostly sunny spring weather this weekend, energy authorities will be monitoring how far electricity demand ebbs. If needed, they’ll turn off rooftop solar systems to ensure stability for the grid.

Such minimum system load events, as they are called, have emerged as a new challenge as households across Australia take advantage of plunging prices for solar panels to shield themselves from rising power bills and cut carbon emissions.

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China to head green energy boom with 60% of new projects in next six years

IEA says faster clean energy rollout being led by solar power in China with country set to boast half of world’s renewables by 2030

China is expected to account for almost 60% of all renewable energy capacity installed worldwide between now and 2030, according to the International Energy Agency.

The IEA’s highly influential renewable energy report found that over the next six years renewable energy projects will roll out at three times the pace of the previous six years, led by the clean energy programmes of China and India.

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The deep history of British coal – from the Romans to the Ratcliffe shutdown

With the last coal-fired plant closing today, we chart the rise and fall of the once-indispensable fuel which powered modern Britain

Britain’s transition to a low-carbon future has reached a milestone with the closure of its last remaining coal-fired power plant at Ratcliffe-on-Soar in Nottinghamshire.

The shutdown of the 57-year-old power plant on Monday ends more than 140 years of coal power generation in the UK – an industrial story closely interwoven with Britain’s socioeconomic and political history.

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Greens MP invokes Whitlam in public housing push – as it happened

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Plibersek approves three coalmine expansions

We have more on environment minister Tanya Plibersek’s approval of three coalmine expansions on Tuesday from Graham Readfearn here.

There’s a range of everyday common health conditions that are unnecessarily blocking up our emergency departments and contributing to those wait times to see our precious general practitioners.

We would love to see more GPs. Who doesn’t love their local family doctor? My wife and I and our children certainly do. But we all know how difficult it is to not only find one, find one that bulk-bills, but find one that hasn’t closed their books and can take an appointment. That’s not just in the bush, that’s in our major capital cities as well, whether it’s after 6pm or on a weekend, when your local pharmacy is open.

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‘You basically have free hot water’: how Cyprus became a world leader in solar heating

The country, which has more 300 days of sunshine a year, has embraced rooftop systems that harness the sun’s energy

The Thriamvos company truck pulls up at noon outside the four-storey building in the heart of Nicosia.

It’s the third rooftop installation of a solar-powered water heating system that Petros Mihali and his assistant, Soteris, have made in the Cypriot capital since their working day began at 7am.

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Labor push for vote on help-to-buy bill delayed in Senate – as it happened

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White House marks three years since signing of Aukus agreement

Happy three-year anniversary of the signing of Aukus, to those who observe.

Three years ago, President Biden and our Australian and United Kingdom partners committed to Aukus, an enhanced security partnership that promotes a free and open Indo-Pacific that is secure and stable.

As this partnership has grown, it has strengthened the security of our allies in the region as well as our own security here at home. Over the past three years, our countries have made significant strides in supporting Australia’s acquisition of a conventionally armed, nuclear-powered submarine capability.

That is bad news for Australian solar homes.

To create space for inflexible nuclear power plants ramming energy into the grid, millions of household solar systems will be the first casualty.

Solar power is already being switched off in South Australia when it makes so much free power available that it exceeds electricity demand.

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‘Not on my watch’: how windfarms became a key issue in NSW local elections

From Port Stephens to Illawarra, council candidates are running against renewable schemes because of ‘lack of consultation’

Part of what’s driving Mark Watson’s pitch for mayor is his opposition to a project he says is the talk of the town and the “biggest issue” in his coastal home’s history.

The former One Nation candidate for the state government is now running as an independent for mayor of Port Stephens. The coastal town just north of Newcastle overlooks the middle of the 1,800-square kilometre offshore windfarm zone off the Hunter, where the Albanese government plans a renewable energy hub to be operating by 2030.

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How China and a tariffs row cast a shadow over booming US solar power

The source of new renewable energy is also a battleground over China’s cheap exports of panels that has split US firms

The Biden administration touts solar energy as one of its big success stories, a booming new industry that is curbing the effects of the climate crisis and creating high-paying jobs across the country. But the more complicated truth is that the United States is mired in a long-running trade war with China, which is flooding the market with artificially cheap solar panels that carry an uncomfortably large carbon footprint and threaten to obliterate the domestic industry.

The price of solar panels has plummeted 50% over the past year, largely, industry insiders say, because of deliberate Chinese overproduction of key components and a game of international cat-and-mouse over trade rules often likened to a game of “Whac-A-Mole”. As different sets of rules get established, Chinese companies have proved adept at moving their manufacturing plants to other countries, in south-east Asia, and shifting strategies to work around US tariffs and other deterrent measures.

This article was amended on 10 September 2014. An earlier version incorrectly stated that this year’s RE+ conference took place in Las Vegas, Nevada.

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Renewable energy auction secures enough power for 11m UK homes

£1.5bn auction awards record funding for new windfarms, solar farms and tidal power projects

Great Britain’s renewable energy auction has secured enough new clean electricity projects to power 11m UK homes after the Labour government made record funding available to suppliers.

The £1.5bn auction will support 131 new projects including windfarms, solar farms and tidal power projects after ministers increased the amount of funding available to seven times the sums offered last year.

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Australia’s electricity grid to remain reliable if renewable projects delivered ‘on time and in full’, Aemo says

Investments in solar, wind, batteries, pumped hydro and transmission links must be delivered ‘on time and in full’

Australia’s electricity authority has declared the country’s main power grid will remain reliable as it shifts from coal domination to running overwhelmingly on renewable energy – but only if investments in new generation are delivered “on time and in full”.

The Australian Energy Market Operator (Aemo) reached its conclusion in a report that considered what needs to be built over the next decade to maintain the National Electricity Market, which links the five eastern states and the ACT.

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Australia politics live: Coalition to reveal cost of nuclear plan ‘in good time’, Angus Taylor says; misbehaving MPs face fines under new standards commission

The government will introduce legislation today which includes penalties for MPs and parliament house staff who have been found to have committed wrong doing. Follow the day’s news live

Gambling ads ‘an issue of morality’: Sharkie

As Paul Karp reported yesterday, the independent MP Rebekha Sharkie is one of the MPs pushing for the major parties to be allowed a conscience vote on the forthcoming Labor gambling legislation.

The Murphy report called for a full ban. That’s the expectation of many members of parliament, both the opposition and government said and the crossbench, but many have said to me that they’re wrestling with their conscience on the idea that there would only be a partial ban and many people see this issue closely tied to their faith, an issue of morality.

So it would appear to me and also to Andrew Wilkie that, you know, a straightforward position would be to allow a conscience vote and in my time in the Parliament, we’ve had four conscience votes. I think it would naturally fit for the parameters an issue that sits within their soul.

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Australia could save thousands of bats a year with simple tweak to wind turbines, study says

Raising the wind speed at which turbines start spinning could prevent tens of thousands of bat deaths each year, researchers find

Australian windfarm operators are being urged to embrace a simple measure used overseas that scientists say could dramatically reduce the number of bats killed by turbines.

Curtailment – lifting the wind speed at which turbines start spinning – is used in some European countries and parts of the US and Canada, but rarely in Australia. A global study published in the journal BioScience found it was an effective way to limit bat deaths.

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Coalition senators split in voting on Ralph Babet motion on abortion – as it happened

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Murray Watt on visas: ‘We are using exactly the same processes as were used by the Coalition’

The opposition has continued its political attacks against visas being given to Palestinians from Gaza (before Israel seized and completely closed the Rafah border in May).

We are using exactly the same processes as were used by the Coalition when they were in power and when Peter Dutton was the minister. Mike Burgess, the director general of Asio, has confirmed that himself.

Peter Dutton was quite prepared to use certain processes when he was the minister. Now we’re in power, he wants to criticise that. He wants to find division, to find reasons for criticism and be negative of the government.

I think this is just a ridiculous example he’s [Adam Bandt] giving, to disguise the fact yesterday the Greens were the only party in the parliament who decided to side with John Setka … rather than taking the side of the Australian people.

We had a vote in the Parliament yesterday, in the Senate, that called on the Greens to say they wouldn’t take political donations from the CFMEU construction division, they refused to vote for that. So I think it’s pretty clear what the motivation here is in voting against this legislation.

We haven’t received a dollar from the CFMEU for a decade, the Coalition received $175,000 in the last two years, Labor has received millions of dollars and what we say is we have not received the money, it is not why we are engaged in the debate.

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Labor pumps $160m into Westpac fund offering lower-interest loans for household energy upgrades

But the loans are only available to those who already have or are approved for a Westpac home or investment loan of at least $150,000

The Albanese government has pumped $160m into a major bank fund that offers discounted loans to pay for energy efficient upgrades to homes.

The investment was announced on Sunday as part of the household energy upgrades fund in last year’s federal budget.

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China adds new clean power equivalent to UK’s entire electricity output

Data shows continued surge in wind and solar power amid hopes Chinese greenhouse gas emissions may have peaked

China added as much new clean energy generation in the first half of this year as the UK produced from all sources in the same period last year, data shows, as wind and solar power generation continued to surge in the world’s biggest emitter of greenhouse gases.

Electricity generation from coal and gas dropped by 5% in China in July, year on year, according to an update from the Centre for Research on Energy and Clean Air (CREA) thinktank, basing its analysis on data released by the Chinese government on Thursday.

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Melbourne lord mayor floats plan to slash power bills by bulk buying renewable energy

‘MPower’ would be Australia’s largest scheme of its kind – with neighbouring councils invited to join in

Melbourne residents and business owners could have their electricity bills slashed by hundreds of dollars each year in a radical plan proposed by the city’s lord mayor.

Nick Reece has pledged to facilitate Australia’s largest community-led bulk purchasing scheme for renewable energy if he is re-elected.

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Danish wind power giant Ørsted delays major US offshore project

News follows scrapping of two other Atlantic windfarms and axing of hundreds of jobs as costs surge

The Danish company developing the world’s largest offshore windfarm in the North Sea has been forced to delay a major project off the north-east coast of the US, months after cancelling two nearby developments and cutting hundreds of jobs.

Ørsted has pushed back the start of commercial operations at its 704 megawatt Revolution Wind project off the coast of Rhode Island and Connecticut by a year, to 2026.

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Labour tries to attract clean energy contracts with record £1.5bn for auction

The new budget comes after the previous government failed to award a single new offshore wind contract in 2023

The Labour government will make record amounts of funding available to clean energy developers after it increased the value of its summer subsidy auction by 50%, to £1.5bn.

The addition, compared with figures previously announced, means the total budget is seven times the amount available at last year’s auction, the government said.

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