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Snowy 2.0 project pushed back to late 2029, costs to blow out again

Renew Economy

pumped hydro project, now not likely to begin full production until late 2029. project pushed back to late 2029, costs to blow out again appeared first on RenewEconomy. Snowy Hydro reveals more big delays and cost blow outs in troubled Snowy 2.0 The post Snowy 2.0

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Alinta seeks biomass options for Loy Yang B, says capacity market for coal could end in 2029

Renew Economy

The post Alinta seeks biomass options for Loy Yang B, says capacity market for coal could end in 2029 appeared first on RenewEconomy. Operator of what will be one of the last coal generators operating in Australia's grid argues the case for a short term capacity market for coal.

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Canada Launches Regulation Requiring 35% Emissions Reduction from Oil & Gas Companies

ESG Today

According to Steven Guilbeault, Canada’s Minister of Environment and Climate Change, the new cap-and-trade system was designed to recognize top-performing companies, while incentivizing higher emitters to invest in cleaner production processes.

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Start date for Australia’s biggest renewable energy hub pushed out to end of decade

Renew Economy

The timeline for the massive Australian Renewable Energy Hub timeline has been pushed out to 2029 for first power and 2030s for green hydrogen and ammonia production. The post Start date for Australia’s biggest renewable energy hub pushed out to end of decade appeared first on RenewEconomy.

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Q&A: Alinta’s Jeff Dimery on the short term merits of coal, and switch to biomass

Renew Economy

Jeff Dimery on what coal generators should get capacity payments - at least until 2029 - and why Alinta is considering biomass to replace coal at Loy Yang B. The post Q&A: Alinta’s Jeff Dimery on the short term merits of coal, and switch to biomass appeared first on RenewEconomy.

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Understanding SB 253: A Guide to California’s New Climate Accountability Standards

3BL Media

Scope 1 and 2 emissions must receive limited assurance by a third party beginning in 2026 (2025 data) and reasonable assurance beginning in 2030 (2029 data). Scope 3 emissions must receive limited assurance beginning in 2030 (2029 data); however, CARB is reviewing current and expected Scope 3 trends.

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Google Signs its Largest Ever Carbon Removal Deal to Capture CO2 in Crushed Rocks and Soil

ESG Today

The agreement, which will see the credits delivered beginning in 2029, marks the largest ERW deal to date, as well as Googles largest ever carbon dioxide removal (CDR) purchase agreement, following a commitment announced in March by the company to contract for at least $35 million of carbon removal credits over the next 12 months. .”

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