Wet & Wild: Sydney’s record rainfall is causing significant flood risk. The last time Sydney recorded its wettest year on record was 1950.
With the federal budget less than two weeks away, the Climate Council is calling on the Albanese Government to replace $11.6 billion spent on fossil fuel subsidies with "structural" environmentally friendly investments that could lower costs for households.
The World Bank has pumped $14.8 billion into fossil fuel projects globally in the period following the landmark Paris climate accord, a report said Thursday.
‘Very significant flood risk’ as record wet weather lashes state
Communities across NSW are facing a “very significant and elevated flood risk” as an intense wet weather system lashes the state, toppling the record for annual rainfall in Sydney and prompting hundreds of calls for help.
The Bureau of Meteorology says climate change is to blame for what is now the wettest year on record in Sydney, after 88 millimetres of rain fell at Observatory Hill in just nine hours to 6pm on Thursday.
Munich Re to stop its backing for new oil, gas fields
Munich Re, one of the world's biggest insurance companies, said Thursday that it will stop backing new oil and gas fields beginning next April.
The company said it will also no longer invest in or insure new oil pipelines and power plants that weren't already under construction by Dec. 31, 2022.
Munich Re said the moves were part of its effort to reduce the harmful impact its business has on the environment. The burning of oil and gas is one of the main sources of greenhouses gases fueling climate change.
Climate Council issues pre-budget wishlist
With the federal budget less than two weeks away, the Climate Council is calling on the Albanese Government to replace $11.6 billion spent on fossil fuel subsidies with "structural" environmentally friendly investments that could lower costs for households.
Renewables Are Meeting Demand — but Climate Disasters Are Pushing Back the Tipping Point
Renewables have been keeping pace with growing global energy demand, a new analysis finds, in an encouraging sign during a global energy crisis. But there’s trouble ahead for clean power, as climate change keeps wreaking havoc and supercharging droughts and heatwaves.
An EV charging station every 12km? Fossil fuel subsidies could pay for that
The $11.6 billion that Australia spent on fossil fuel subsidies last year could pay for an electric vehicle charging station every 12km on every major road in the country, says the Climate Council.
Or it could replace 15,500 diesel buses – the whole public fleet in Sydney, Melbourne and Brisbane and then some – with electric versions.
Rio Tinto partners with Voltalia for renewable solar power at Richards Bay Minerals
A deal between Voltalia and local Black Economic Empowerment (BEE) partners will provide Richards Bay Minerals (RBM) with renewable solar power for its operations in KwaZulu-Natal, South Africa.
Hunter coal exports likely to end 2022 about 10 per cent down as big wet hampers exports from open cut mines
COAL exports out of Newcastle will likely finish the year at least 10 per cent down on 2021, but the industry says the drop-off is purely the result of weather-related disruptions.
World Bank spent almost $15 bn on fossil fuel projects since Paris deal: report
The World Bank has pumped $14.8 billion into fossil fuel projects globally in the period following the landmark Paris climate accord, a report said Thursday.
Though the multilateral lender pledged in 2018 to end financing for upstream oil and gas, and direct funding had declined, the move failed to include indirect financing, according to the report compiled by an NGO coalition called The Big Shift Global.
https://www.thenewzealandtimes.com/by-the-numbers-what-does-it-cost-to-maintain-an-electric-vehicle/
While many still consider electric cars to be the high-tech vehicles of the future, the underlying technology is quite simple and dates back to the advent of the industrial age. Today’s battery-powered models do indeed contain quite a bit of advanced technology, but they are in many ways less complex than modern combustion-engined vehicles.
Honda doesn’t want to wait until 2024 for its SUV customers to go electric
Honda unveiled Thursday the 2024 Honda Prologue, its first-ever battery-electric SUV that represents a crucial milepost along the automaker’s journey to deliver 30 new EVs by the end of the decade.