Daily update: World’s ‘biggest’ wave energy project sinks without trace

Daily update: World’s ‘biggest’ wave energy project sinks without trace

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RenewEconomy editor@reneweconomy.com.au via mail10.atl111.rsgsv.net

2:54 PM (11 minutes ago)

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Plug pulled on Victorian wave energy project once billed as world’s biggest. Plus: Hazelwood owner defends rroftop solar tax; why name dropping for renewables funds is destined to fail; big EU banks pile into Green Bonds; why solar and EVs are a perfect match; the latest data on EV sales; the climate tipping points to watch out for; the economic case against fossil fuel; and Fortune 500 companies declare their renewables ‘buyers principles.’
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RenewEconomy Daily News
The Parkinson Report
US developers of what once was billed the ‘world’s largest’ wave energy project, Ocean Power Technologies, have abandoned plans for the $232m plant off the coast of Portland in Victoria. But it was always a project that was unlikely to deliver.
Simply Energy says its $51 extra annual charge to Victorian solar households is not discriminatory, but is justified and transparent.
There was a joke running round the clean energy industry that if you wanted to get government funds for a big project, all you needed was a big corporate name.
Germany launches onto Green Bond market with largest single issuance ever, as Zurich doubles its $1bn commitment, and China takes aim.
Electric Vehicles running on sunshine are an increasingly attractive option in a low carbon economy.
The Energy Policy Information Center has released a set of graphs charting the exponential growth of electric vehicles.
The concept of a ‘tipping point’ – a threshold beyond which a system shifts to a new state – is becoming a familiar one in discussions of climate.
Social entrepreneur Jeremy Leggett questions the wisdom of continuing to invest in oil and gas, and makes the economic argument for switching to solar energy.
WWF released a set of principles signed by leading Fortune 500 companies that frame the challenges and needs they are facing as large renewable energy buyers.

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