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Daily update: Households invest billions in solar as utilities stall on big projects


Renew Economy via

1:17 PM (4 hours ago)

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Households invest billions ins solar as utilities stall on big projects, ACT opens up auction process for 200MW of wind farm capacity, Unisuper taps World Bank’s firs Australian Green Bond issue, Green bonds hit Australian market via Unisuper, HSBC says wind and solar best picks in climate stocks, Australia’s biggest coal project already at risk, Germany takes energy transition away from grass-roots movement, Huge methane leaks add doubt on gas as ‘bridge’ fuel, Can business save us from climate change? and Fossil fuels should be for making stuff – not for energy.
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RenewEconomy Daily News
The Parkinson Report
Australian households invested nearly $3 billion in rooftop solar in 2013, and have accounted for nearly all clean energy investment in the country in 2014, as utilities pull the plug on large scale projects. Australian households are still adding rooftop systems at a rate of 13,000 a month.
ACT opens process for 200MW of wind projects, and places new emphasis on projects beyond immediate region as local anti-wind MPs intensify opposition.
University super fund invests $100m in World Bank’s first Australian Green Bond issue, in bid to drive low-carbon investment.
Investment bank HSBC says wind and solar sectors offer best opportunity for green investors, while industrial efficiency looks the least attractive.
Australia’s largest coal infrastructure project – the $4bn+ Wiggins Island export terminal and rail – faces major financial risks even before it’s commissioned.
Morwell marks the second stop for the RET Review Road Trip, where it finds a reality check on the human costs of coal power.
Following new Energiewende reforms, Germany’s main priority seems to be protecting big business while continuing to roll out renewables.
IPCC hails natural gas as transition fuel – but a new study shows potential leakage could mean natural gas will only increase emissions.
Business begins to see climate change as strategic risk, but there are three key reasons not to rely on business to save us from climate change.
We might continue to use fossils fuels for making stuff where necessary, but we should stop using

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