Alice, a nine-passenger, two-crew member aircraft, produces no carbon emissions, significantly reduces noise, and costs a fraction to operate per flight hour. Eviation unveiled the production version of the craft earlier this month. Fred Lambert for Electrek.
Global Net Zero Asset Managers initiative has added 41 signatories, bringing the total number to 128 investors. The group is now responsible for US$43 trillion – close to half of the entire asset management sector globally in terms of total funds managed – committing to work with clients to reach net zero emissions by 2050 or sooner and set 2030 interim targets. Read the press release from the Investor Group on Climate Change.
Australia’s first privately funded big battery is to be hosted in Melbourne. Bella Peacock for PV Magazine.
Western Australia has launched a carbon farming and land restoration program. The state government has committed $15 million ‘to realise agriculture’s potential to sequester carbon in the landscape and contribute to the growth of the Western Australian carbon farming market’. Western Australia Department of Agriculture.
A sector-based approach can build momentum towards net zero by 2050 for Australia. Tony Wood for the Grattan Institute.
Researchers in Australia find a biofuel breakthrough, with a genetically modified version of the common yeast could boost the role second-generation biofuels plays in reducing carbon emissions and improving food security. Melody Labinsky for AgTrader.
The Australian federal government declared Environment Minister Sussan Ley had a duty of “reasonable care” to protect young people from the effects of climate change. Graham Readfearn in the Guardian.
The Australian Industry Energy Transitions Initiative has received coverage from Renew Economy, PV Magazine, Energy News Bulletin and Australian Mining for the end of phase one reports, announcement of funding from ARENA and new partners joining.