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31 May 2016: Bees’ Fuzzy Bodies Help Them
Detect Electrical Charges From Flowers

Back in 2013, scientists discovered that bees can detect the electrical charges that flowers emit, helping them locate nearby food sources.

Mark Burnett/Wikimedia
Exactly how the bees were doing this, however, remained a mystery. Now, scientists have found that the hairs on bees’ fuzzy bodies move in response to the charges, which send nerve signals to bees’ brains that flowers are nearby. The finding is an important one: Scientists have long thought that only animals in marine or moist habitats could detect electric fields, since currents are carried through water. That bees can do this in dry air opens up the possibility that other insects might have the same ability. The research, conducted by scientists at the University of Bristol in the U.K., was published this week in the journal Proceedings of the National Academy of Sciences.
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23 May 2016: World Could Warm 8 Degrees
Celsius If All Fossil Fuel Reserves Burned

As nations meet in Bonn, Germany this week to hash out how to achieve the 2-degree Celsius goal they set in Paris, new research is providing policymakers a glimpse of what would happen if the world does nothing to curb climate change.

NASA
What if nations chose instead to burn through all of their remaining fossil fuel reserves, equal to 5 trillion tons of CO2 emissions? According to the new study published in the journal Nature Climate Change, the world would warm an average 8 degrees Celsius (14.4 degrees F), or up to 17 degrees Celsius (30 degrees F) in the Arctic. The research was conducted by a team of climate scientists at the University of Victoria and Simon Fraser University in British Columbia who wanted to understand the worst-case scenario. “Such climate changes, if realized, would have extremely profound impacts on ecosystems, human health, agriculture, economies, and other sectors,” the researchers write.
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Interview: CO2 'Air Capture' Could
Be Key to Slowing Global Warming

For two decades, Klaus Lackner has pioneered efforts to combat climate change by pulling carbon dioxide from the atmosphere.
Klaus Lackner

Klaus Lackner
Now, after years of watching the global community fail to bring greenhouse gas emissions under control, Lackner — director of the Center for Negative Carbon Emissions at Arizona State University — is delivering a blunt message: The best hope to avoid major disruptions from global warming is to launch a massive program of CO2 "air capture" that will begin to reverse the buildup of billions of tons of carbon in our atmosphere. "We need to have the ability to walk this backwards," says Lackner. "I'm saying this is a war, and we need to use all the weapons at our disposal. You don't want to get into this fight with one hand tied behind your back."
Read the interview.
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12 May 2016: Despite Push for Renewables,
Fossil Fuels Likely to Dominate in 2040

World leaders pledged last year in Paris to cut CO2 emissions and limit global warming to 2 degrees Celsius. Despite these promises, U.S. analysts said Wednesday that fossil fuels

EveryCarListed/Flickr
— including coal — will still likely be the world’s primary source of energy in 2040. The findings are part of the U.S. Energy Information Administration’s annual World Energy Outlook report. Electricity from wind, solar, and hydropower will grow 2.9 percent annually, the report concluded, and by 2040, renewables, coal, and natural gas will each generate one-third of the world’s electricity. But diesel and gasoline will still power the majority of vehicles, with electric cars making up only 1 percent of the market, the report said. The report also found that carbon emissions from energy consumption in the developing world could grow 51 percent from 2012 to 2040 as countries like India and China modernize their economies, particularly by using coal.
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10 May 2016: More than 2,000 New
Plant Species Are Found Every Year

There are currently 391,000 plant species known to science—and another 2,000 are being discovered every year, according to a new report from the U.K.’s Royal Botanic Gardens, Kew.

Paulo Gonella
Last year’s new discoveries included a nearly five-foot tall carnivorous plant first identified on Facebook, a 105-ton tree in West Africa, and 90 new species of Begonia flowers. Brazil, Australia, and China were hotspots for species discovery. The State of the World’s Plants report did find, however, that one-fifth of the world’s plant species are at risk of extinction from habitat loss, disease, invasive species, and climate change. “Plants are absolutely fundamental to humankind,” Kathy Willis, director of science at Kew, told The Guardian. “Plants provide us with everything — food, fuel, medicines, timber, and they are incredibly important for our climate regulation. We are facing some devastating realities if we do not take stock and re-examine our priorities and efforts.”
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05 May 2016: With Climate Change, It Is
Survival of the Oldest, Not the Fittest

When it comes to climate change, the world’s oldest species are more likely to survive than newly evolved ones, says a new study published in the journal BMC Evolutionary Biology.

Brian Gratwicke/Flickr
The logic is relatively simple: The reason they’re so old is that they’ve been tested by abrupt environmental shifts before and have come out on top. This group includes species like the cane toad and California sea lion. More specifically, the study found the planet’s oldest animals all share at least one of the following characteristics: They come in various colors, give birth to live young (as opposed to eggs), and live at low latitudes. The research could help “predict which [species] could be better able to deal with current climate change and to better predict the threat status of species on the red list of the International Union for Conservation of Nature,” said Sylvain Dubey, an ecologist at the University of Lausanne in Switzerland and co-author of the new study.
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28 Apr 2016: Half of All Farmed Fish Have
Deformed Ear Bones That Cause Hearing Loss

Farmed fish have become an increasingly larger share of the world’s seafood market in recent decades—now accounting for 50 percent of global seafood consumption.

USFWS
At the same time, however, debate about the ethics, safety and health of farmed fish versus their wild counterparts has also intensified. A new study published in the journal Nature Scientific Reports finds that half of all farmed Atlantic salmon have deformed ear bones that lead to hearing loss. These salmon are 10 times more likely to have the deformity than wild fish. The findings “raise questions about the welfare of farmed animals," said Tim Dempster, a biologist at the University of Melbourne involved in the study. It may also explain why efforts to boost wild populations by releasing farmed juveniles have proven unsuccessful. Hearing loss would prevent farmed fish from detecting predators, or restrict their ability to navigate to breeding sites, the scientists said.
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27 Apr 2016: Wooden Skypscrapers Grow in
Popularity in Effort to Reduce Emissions

Architects are increasingly abandoning traditional steel-and-cement skyscrapers in favor of wood-and-glue designs — a move that experts say could help drastically reduce CO2 emissions from the world’s building sector.

Acton Ostry Architects
Creating steel, iron, and non-metallic minerals — including concrete — is an energy-intensive process that accounts for more than 10 percent of global greenhouse gas emissions. In the 1990s, developers created a product known as cross-laminated timber — planks of wood glued together by a polyurethane adhesive — with the strength and durability of traditional building materials, and far fewer CO2 emissions. With concern for climate change mounting, wood-based skyscrapers have been popping up around the globe in recent years. The University of British Columbia, for example, approved an 18-story, wooden housing complex in 2015. “This revolution has happened rather quietly and happened rather slow,” Kris Spickler, a heavy timber specialist at Structurlam, told Popular Science. “But I think we’re in a year right now where we’re going to see it explode.”
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From Mass Coral Bleaching,
A Scientist Looks for Lessons

Twice a year, Georgia Tech climate scientist Kim Cobb travels to Christmas Island in the middle of the Pacific Ocean to collect samples from coral reefs to better understand past and future climate change.
Kim Cobb

Kim Cobb
But when Cobb arrived on the island earlier this month, she was stunned. The corals she had spent the past 18 years studying were largely dead or dying. The scene has become a familiar one across the Pacific and Indian oceans this year as a record-breaking El Niño drove up water temperatures and caused fragile coral reef systems to bleach from stress or die. In an interview with Yale Environment 360, Cobb talked about the recent bleaching event, the race to make reefs more resilient, and how coral records could improve short-term climate projections. “What you think reefs might be experiencing in 20 years,” she says, “they're experiencing now.”
Read the interview.
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20 Apr 2016: Entries Invited for Third
Annual Yale Environment 360 Video Contest

The third annual Yale Environment 360 Video Contest is now accepting entries. The contest honors the year's best environmental videos. Submissions must focus on an environmental issue or theme, have not been widely viewed online, and be a maximum of 15 minutes in length. Videos that are funded by an organization or company and are primarily about that organization or company are not eligible. The first-place winner will receive $2,000, and two runners-up will each receive $500. The winning entries will be posted on Yale Environment 360. The contest judges will be Yale Environment 360 editor Roger Cohn, New Yorker writer and e360 contributor Elizabeth Kolbert, and documentary filmmaker Thomas Lennon. Deadline for entries is June 10, 2016.
Read More.
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18 Apr 2016: The Complicated Case of
Global Warming’s Impact on Agriculture

Scientists have long debated whether climate change could help or hurt the world’s agricultural systems. Theoretically, additional CO2 in the atmosphere should help fuel crop growth.

Ananth BS
A farmer plows his fields in southern India.
But global warming’s other impacts, such as shifting rain patterns, higher temperatures, and extreme weather, could reduce crop yields. A new study in the journal Nature Climate Change by researchers in a half-dozen countries finds the answer depends on where you live. The scientists found yields of rain-fed wheat could increase by 10 percent, while irrigated wheat, the bulk of India and China’s production, could decline by 4 percent. Maize will decrease almost everywhere, down 8.5 percent. Rice and soybean could flourish in some areas and falter in others. “Most of the discussion around climate impacts focuses only on changes in temperature and precipitation,” said Delphine Deryng, an environmental scientist at Columbia University who led the study. “To adapt adequately, we need to understand all the factors involved.”
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12 Apr 2016: Scientists Reimagine The
Tree of Life With New Microbe Knowledge

Following years of intense exploration and research into the microbial world, scientists have reimagined the tree of life—the iconic visual representation of the living world first proposed by Charles Darwin in 1859.

Banfield/UC Berkeley
The new tree of life.
The project was led by researchers at the University of California, Berkeley, who over the last decade have been gathering DNA from across the globe—from everywhere from meadow soils and river mud to deep sea vents—to reconstruct genomes and describe thousands of new microbial species. Curious how their findings fit into the tree of life, the scientists used a supercomputer to visualize how more than 3,000 new and known species related to one another. They discovered that eukaryotes, the group that includes humans, exist on a thin twig compared to the microbial branch of the tree. “The tree of life as we know it has dramatically expanded due to new genomic sampling of previously enigmatic or unknown microbial lineages,” the authors wrote.
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For James Hansen, the Science
Demands Activism on Climate

Climate scientist James Hansen has been a prominent figure in the global climate conversation for more than 40 years. His 1988 congressional testimony on climate change helped introduce the problem of rising greenhouse gas emissions to the American public,
James Hansen

James Hansen
and he has led study after study examining how our world will change as a result of global warming. Eight years ago, Hansen made the rare decision to begin engaging in climate activism—a move that has earned him both praise and criticism from the media and scientific community. In an interview with Yale Environment 360 last week, Hansen opened up about his unconventional career path and what he believes the world could look like a century from now. “I don't think that I have been alarmist — maybe alarming, but I don't think I'm an alarmist,” he said. “We have a society in which most people have become unable to understand or appreciate science, and partly that's a communication problem, which we need to try to alleviate.”
Read the interview.
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11 Apr 2016: More Than 50 Percent of
Great Barrier Reef Affected By Bleaching

Record high ocean temperatures in the western Pacific have caused more than half of the Great Barrier Reef to undergo a mass coral bleaching event this year, according to a team of Australian scientists conducting aerial surveys.

ARC Coral Reef Studies
An aerial shot of the Great Barrier Reef in early April.
Corals thrive in a narrow temperature range, and when waters warm above normal—as they have this year from climate change and a strong El Nino—the organisms expel their symbiotic algae, leaving them without a source of food and susceptible to disease. Scientists’ next step is studying the corals up close to determine how deep the bleaching is, said Terry Hughes, a marine biologist at James Cook University and head of the Australian coral bleaching task force. “If the corals are severely bleached, then a lot will die,” Hughes said. “If they are lightly bleached, which is the case with a lot of reefs south of Townsville, then they’ll regain their color over the next couple of months and there won’t be much mortality.”
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07 Apr 2016: How Ancient Algae Could
Help Cure Brain and Breast Cancer

One of the oldest life forms on earth may hold the key to battling hard-to-treat cancers, according to new research by scientists at Oregon State University. The compound, coibamide A, is found in blue-green algae, organisms that have existed for at least two billion years. It was found during a diving trip in Panama’s Coiba National Park eight years ago and run through the National Cancer Institute’s database of potential anti-cancer compounds. Coibamide A was tested on mice and found to be more effective at killing brain and triple negative breast cancer cells—two of the most aggressive and hard-to-treat types of the disease—than anything ever tested before. "The chemical diversity found in nature has always been a significant source of inspiration for drug design and development, but… marine environments remain relatively unexplored," said Jane Ishmael, a cellular biologist at Oregon State University and lead author of the new study.
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06 Apr 2016: Half of World Heritage Sites Are
Threatened By Industrial Development

Since 1972, the United Nations has worked to protect 229 locations in 96 countries known for their “exceptional natural beauty” and “cultural significance.” These spots, known as World Heritage Sites,

Brian Kinney/Shutterstock
The Great Barrier Reef
range from Mount Kilimanjaro in Tanzania to the Great Barrier Reef in Australia, China’s panda sanctuaries, and the Grand Canyon in the United States. A new survey by the World Wildlife Fund, however, has found half of these sites are under threat from oil and gas development, mining, illegal logging, overfishing, or other industrial activities. Eleven million people live in or near these sites, the report says, and depend on them for their housing, food, water, jobs, or ecosystem services like flood protection and CO2 sequestration. “We are not going to develop a just and prosperous future, nor defeat poverty and improve health, in a weakened or destroyed natural environment,” the authors wrote.
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05 Apr 2016: El Nino Prevents Phytoplankton
Growth, Endangering Marine Food Web

El Nino—the cyclical warming of the Pacific Ocean—has wreaked havoc on the world’s weather for the past two years, from a record-breaking number of cyclones in the North Pacific to flooding in South America.

Uz/NASA Goddard
Satellite images of phytoplankton growth.
But scientists at NASA recently discovered that the climate phenomenon also has a big impact on phytoplankton, the tiny oceanic organisms that serve as the base of the marine food chain. Normally, ocean currents drive cold, deep water to the surface near the equator, bringing with it a flood of nutrients that feed phytoplankton. El Nino’s mass of warm water stops this upwelling. The result is a marked drop in phytoplankton levels. “This decline echoes through many species,” said Stephanie Uz, an ocean scientist at NASA’s Goddard Space Flight Center in Greenbelt, Maryland who led the study. “Small fish that feed on phytoplankton starve. This affects everything from penguin and iguana populations in the Galapagos to governments managing fisheries.”
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01 Apr 2016: Scientists Study the Skies
To Create a Map of the World’s Biomes

Curious where certain species live? Don’t look down. Rather, study the skies, according to new research published in the journal PLoS Biology. Scientists from the University of Buffalo and Yale University

Daniel Boyd/Flickr
used images from NASA satellites to build a database of cloud cover for every square kilometer of the planet from 2000 to 2014. They then used the information to map the world’s biomes. They found that cloud patterns are a much more accurate way of predicting species distribution than using extrapolated on-the-ground observations, the method most conservationists use today. “Sunlight drives almost every aspect of ecology,” Adam Wilson, an ecologist at the University of Buffalo who led the study, told New Scientist. “So when you put something in between the sun and plants, that is going to have implications on the amount of energy they are receiving, soil moisture, leaf wetness, and humidity—almost everything that is important.”
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Interview: How Ocean Noise
Wreaks Havoc on Marine Life

Bowing to public pressure, the Obama administration recently reversed an earlier decision to allow oil drilling off the U.S. East Coast. But the five-year moratorium on drilling does not prohibit exploratory seismic air gun surveys
Christopher Clark

Christopher Clark
used to locate oil and gas reserves under the seabed, and those surveys are expected to be authorized this spring. Cornell University marine bioacoustics expert Christopher Clark says the testing, which can go on for weeks at a time, will only add to the rising din in the oceans. “Imagine that every 10 seconds there is an explosion that is rattling grandma’s china out of the cupboard,” he says, “and it is falling on the floor.” In an interview with Yale Environment 360, Clark explains how noise, most of it from ship traffic, severely disrupts marine life, especially among whales. But the good news, he says, is that technologies are being developed to drastically reduce the noise from ships and geological surveying.
Read the interview.
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17 Mar 2016: The World’s Economy Grew,
But Greenhouse Gas Emissions Didn't

Despite a 3.1 percent growth in global GDP in 2015, greenhouse gas emissions remained flat for the second year in a row, according to the International Energy Agency.

Oregon DOT
A man installs new solar panels in Oregon.
The decoupling of emissions from economic growth is “welcome news,” IEA executive director Fatih Birol said in the press statement. “Coming just a few months after the landmark COP21 agreement in Paris, this is yet another boost to the global fight against climate change.” The world’s nations released 32.1 billion metric tons of greenhouse gases last year, equal to—or perhaps even a slight downtick from—2014, the agency said. The stabilization is likely due to the booming renewable energy industry and global cutbacks on the use of coal, particularly in the U.S. and China, the two largest emitters of carbon dioxide. Chinese emissions, for example, declined 1.5 percent last year.
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08 Mar 2016: JP Morgan Will No Longer Invest
In New Coal Mines, Citing Climate Change

JP Morgan will no longer finance new coal mines or support new coal-fired power plants in “high income” countries, the banking giant said in a policy statement on its website.

TripodStories-AB
Coal mine in Jharia, India
Bank of America, Citigroup, Morgan Stanley and Wells Fargo have made similar pledges in recent months, all part of a larger divestment movement aimed at transitioning the world’s economies off fossil fuels. The anti-coal campaign has dealt a blow to an already struggling industry. The price of coal has dropped from $140 per ton in 2009 to $42 in 2016 as cheap, abundant natural gas and renewables have flooded the U.S. energy market. At the same time, support for climate action has grown, with the signing of an international climate agreement in Paris last December. “We believe the financial services sector has an important role to play as governments implement policies to combat climate change,” JPMorgan said in the document.
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07 Aug 2015: New Zealand Will Shutter Last
Remaining Coal Power Plants, Officials Say

New Zealand will close its last remaining coal plants and rely even more heavily on renewable sources for its electricity needs,
Buller Coalfield in New Zealand

Buller Coalfield, South Island, New Zealand
the country's energy minister announced Thursday. New Zealand already has the fourth-largest share of renewable electricity generation in the world, with roughly 80 percent of its energy needs met by renewables. The final two coal-fired power plants will shut down by December 2018, according to the utility company running the plants, which cited changing market conditions that have made coal power unnecessary in New Zealand. The nation has been using coal to fill gaps in dry years, when hydropower could not meet the grid's demand. But recent investments in wind and, particularly, geothermal energy have made that stopgap measure unnecessary, the energy minister said. The country has pledged ahead of the Paris climate summit to cut emissions to 30 percent below 2005 levels by 2030.
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13 Jul 2015: Australian Government Curbs
Investments in Wind and Solar Energy

The Australian Clean Energy Finance Corporation (CEFC), a government-funded organization that invests in renewable energy, will no
Australia rooftop solar

Duncan Rawlinson/Flickr
Rooftop solar panels in Western Australia
longer invest in wind technology and small-scale solar projects, the government announced Sunday. Australian Prime Minister Tony Abbott said that the CEFC should invest in new and emerging technologies, and that wind and small-scale solar projects should instead be supported by the free market. Currently, one-third of CEFC funding, which totals roughly $10 billion, goes to solar projects, the majority of which are small-scale. The funding ban could increase prices for small-scale solar projects such as rooftop photovoltaic panel installations, especially for low-income households, renters, and public housing tenants. The ban on these investments is the latest in a series of actions by the Abbott government to make cuts in environmental initiatives, including two failed attempts to abolish the CEFC.
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01 May 2015: One in Six Species Facing
Extinction in Current Climate Trajectory

Future increases in global temperatures will threaten up to one in six species if current climate policies are not modified,
Nursery frog

Nursery frogs are among the species most at risk.
according to new research published in the journal Science. Global extinction rates are currently at 2.8 percent, the study notes. If global average temperature rises by only 2 degrees C — a benchmark that many scientists think is no longer attainable — the extinction rate will rise to 5.2 percent, the study found. If the planet warms by 3 degrees C, the extinction risk rises to 8.5 percent. And if the current, business-as-usual trajectory continues, climate change will threaten one in six species, or 16 percent, the study says. The risk of species loss is most acute for areas that have unique climate ranges — particularly South America, Australia, and New Zealand — yet those regions are the least studied, the author notes.
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21 Apr 2015: Australia Could Attain
100 Percent Renewables by 2050, Study Says

Australia could reduce its greenhouse emissions significantly and transition to an economy
Australia wind farm

Windy Hill wind farm in Queensland, Australia.
predominantly fueled by renewable energy for very little cost, according to an analysis by the Australian National University and WWF. The country could generate 100 percent of its electricity from renewables and have zero net emissions by 2050 because wind and solar technologies have fallen rapidly in price in recent years and Australia is the world's sunniest and windiest continent. Any progress, however, will depend on the government's willingness to set clear, long-term policies and regulations encouraging renewable energy use, the authors note. Under conservative Prime Minister Tony Abbott, Australia's current climate action plan calls for only a five percent cut in emissions from 2000 levels over the next five years.
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14 Jul 2014: Human Activity Has Caused
Long-term Australian Drought, Model Shows

A new high-resolution climate model shows that southwestern Australia's long-term decline in fall and winter rainfall, which began around 1970 and has increased over the last four decades, is caused by

Click to Enlarge
Projected drying in Australia

Projected rainfall trends in Australia
increases in man-made greenhouse gas emissions and ozone depletion, according to research published in Nature Geoscience. Simulating both natural and man-made climate effects, scientists showed that the decline in rainfall is primarily driven by human activity. Rises in greenhouse gas emissions and thinning of the ozone hole have led to changes in large-scale atmospheric circulation, including a poleward movement of the westerly winds and increasing atmospheric surface pressure over parts of southern Australia. This has led to decreased rainfall, the study said. The drying is most severe over southwest Australia, where the model forecasts a 40 percent decline in average rainfall by the late 21st century, with significant implications for regional water resources.
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13 Feb 2014: Australian Bushfire Has Grown
To Size of Melbourne, NASA Image Shows

A fire rivaling the size of the city of Melbourne is raging in southeastern Australia, as a NASA satellite image taken at night earlier this week shows. The Snowy River Complex Fire, which is burning mountain forests near a

Click to Enlarge
Australian fire the size of Melbourne

Australian bushfire and Melbourne at night
remote national park, is one of three bushfires that flared up last weekend. Fueled by strong winds combined with a heat wave and prolonged dry conditions, the three fires have consumed more than 180,000 hectares (695 square miles), about 100,000 (390 square miles) of which burned in the Snowy River Complex. That fire's dense, opaque smoke is visible from space during night and day, and satellite images show the smoke plume stretching across the Tasman Sea to New Zealand. The Snowy River blaze includes fires that ignited on February 9, as well as fires that were started by lightning in January. Though stunningly large in this view, they do not pose much of a threat to people or infrastructure.
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20 Aug 2013: Google ‘Street View’ Will
Document Changes to World's Coral Reefs

Marine biologists are teaming up with Google to photograph detailed 360-degree panoramas of coral reefs around the globe. Using technology similar to

Click to enlarge
Google coral reef street view

Google
Google takes Street View to coral reefs.
Google’s Street View feature, users will be able to survey coral reefs much like they might scope out a city block. The project, Google Street View Oceans, has already surveyed a 150-kilometer stretch of the Great Barrier Reef and is now working on reefs in the Caribbean. "Only 1 percent of humanity has ever dived on a coral reef, and by making the experience easily accessible the survey will help alert millions of people around the world to the plight of coral reefs," said Ove Hoegh-Guldberg, a marine biologist at the University of Queensland in Australia who is leading the survey. Image recognition software will log the distribution and abundance of marine organisms, and the researchers hope "citizen scientists" viewing the reefs will help assess other key measures of reef health.
PERMALINK

 

20 May 2013: System Converts Pig Waste
Into Biogas at Chinese Pig Farms

An international team of researchers has developed a system that will help Chinese farmers convert massive amounts of pig waste into a renewable source of energy
Pig Waste Biogas
Getty Images
and fertilizer. The project, led by Australia-based Cooperative Research Centre for Contamination Assessment and Remediation of the Environment (CRC CARE), uses a two-step anaerobic biodigester that is able to treat 73,000 tons of waste annually, producing 380 cubic meters of biogas daily and about 5,600 tons of fertilizer per year. According to its developers, it will also provide a solution to a growing waste disposal challenge in China, where pigs generate more than 1.4 million tons of excrement annually. “Only 10 percent of this waste is currently treated, posing a considerable disposal headache, as well as health and water quality risks,” said Ravi Naidu, managing director of CRC CARE. While the system is being introduced at pig farms across China, Naidu says the technology could eventually help solve critical waste management challenges worldwide and make the pork industry more sustainable.
PERMALINK

 

07 Feb 2013: Wind Energy Now Cheaper
Than Fossil Fuel Power Plants in Australia

Unsubsidized wind power is now cheaper than electricity produced from new coal- and natural gas-fired power stations in Australia, according to an analysis by Bloomberg New Energy Finance. The study said that electricity can be supplied from a new wind farm at a cost of 80 Australian dollars per megawatt hour, compared to 143 Australian dollars from a new coal plant and 116 Australian dollars from a new natural gas plant. Even without a recently imposed carbon price, wind energy is 14 percent cheaper than new coal power and 18 percent cheaper than new natural gas, the study said. The analysis said that Australia’s largest banks are unlikely to finance new coal plants because of concern over emissions-intensive investments and that natural gas has become expensive as Australia exports more liquid natural gas. By 2020, the report said, large-scale solar arrays will also be cheaper than coal or gas when carbon taxes are figured in. “The perception that fossil fuels are cheap and renewables are expensive is now out of date,” said Michael Liebreich, chief executive of Bloomberg New Energy Finance.
PERMALINK

 

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