1) UK: Fracking delayed by a year as renewables provide record breaking power
Fracking in the UK won’t begin until July 2016 at the earliest due to new rules that require a year of groundwater testing before shale gas extraction, The Times reports.
Meanwhile renewable energies wind and solar are hitting record highs, last Saturday providing 12GW of power – equivalent to 40% of grid generation, according to Business Green and Renewable UK.
And the Conservative party’s big green energy project – the £1 billion tidal energy lagoon in Swansea Bay – was yesterday given the green light by Energy Secretary Amber Rudd, writes The Telegraph.
This comes as major British businesses – including energy companies EON, SSE and Scottish Power – have called upon the government to strike a strong deal at the Paris climate conference, to build a low-carbon economy, and to do it quickly, reports Reuters.
And finally, Scotland, for the fourth year running, has missed its emissions target, though it is still outperforming the rest of the UK in cutting its carbon dioxide emissions, the BBC reports.
2) US: Obama wins climate change court case and unveils new disaster plan
It was a good day for the President of the United States.
The New York Times reports Obama’s emissions regulations have won a major legal challenge at federal court, though there are further lawsuits still to come.
Emboldened by this victory, the White House looks set to introduce the next batch of environmental rules that would force CO2 emission cuts for trucks, planes and power plants. These rules could be announced as early as today, the Wall Street Journal reports.
And the executive branch has unveiled a $34 million climate plan to support developing countries vulnerable to rising sea levels and extreme weather events, according to the Guardian. Google and the UK Met Office, as well as numerous government agencies, will help provide countries like Bangladesh with critical climate data.
Meanwhile, a top Republican donor is ready to spend $175 million to encourage his party to take climate change seriously, reports ThinkProgress.
3) Global deal: EU and China ready new climate pact
A major pre-Paris agreement between the EU and the China could be signed at the end of this month, Bloomberg reports.
The EU-China summit on June 29th will see a pact promising closer ties on low-carbon technologies and the development of carbon markets and sustainable cities, according to two people involved in the negotiations.
In Bonn, where UN climate talks ahead of Paris have been happening, there is increasing pressure to produce a shorter version of the text so countries can work on it over the summer, reports Reuters. “It needs to be quicker,” said the Director of the World Resources Institute.
In other news:
Solar: A record amount of solar power was added around the world last year, reports the Guardian.
Oil: Former Centrica boss Sam Laidlaw has launches a £3bn fund to acquire oil and gas assets in Africa, Asia and the North Sea, reports the Telegraph.
Arctic: An op-ed from Bill McKibben and others in the Guardian attacks Shell for its controversial oil exploration plans.
Nuclear: China National Nuclear Power had the most successful IPO on the Shanghai stock exchange since 2011, with shares rocketing 44%, reports CNBC.