Headline News:
- “NSW Gets Stunning Low Price For Wind And Solar In Biggest Renewables Auction” • The government of New South Wales got low record prices for wind and solar power in its first auction for renewable energy and storage. The auction put strike prices below A$35/MWh (US 2.3¢/kWh) for solar, and A$50/MWh (US 3.3¢/kWh) for wind. [Renew Economy]
Australian solar farm (Acen Australia image)
- “How Climate Change Endangers Australian Wine” • While grapevines are described as “one of the most valuable weeds in the world,” capable of growing almost anywhere, the fruit itself is vulnerable to its environment. The heat effects of climate change are already messing with flavor and quality. Weather disasters make things worse. [BBC]
- “Warnings Insurance Will Back Out As Climate Change Shows Its Teeth” • Those at the pointy end of climate change say that insurance retreat – when insurers refuse to take on the risk of covering homes in risky areas – is coming and may already be here. And these are not just coastal properties but many places on flood plains or slip prone areas. [Stuff.co.nz]
- “BYD Seagull And The Promise Of The EV Revolution” • Up until now, almost all electric cars were either luxury models or minuscule. The BYD Seagull is a 4-passenger hatchback that is slightly larger than a Fiat 500 and a little shorter than a MINI Cooper. But the most astonishing news is that its starting price in China is under $11,000. [CleanTechnica]
- “China’s Renewable Energy Capacity Soars In Q1” • China’s installed renewable energy capacity saw robust growth in the first quarter amid the country’s pursuit of green transition, according to the National Energy Administration. China saw its capacity of new renewable energy installations surge 86.5% year on year to 47.4 GW in the first quarter. [Shanghai Daily]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.
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