Headline News:

• “AR7 Cash Injection Would Be Cost Neutral” • Doubling the size of the UK’s budget for offshore wind in Allocation Round 7 to £1.8 billion would be cost neutral if capacity is procured at a strike price of £94.50/MWh, analysis by Baringa showed. The study, commissioned by MASDAR, predicted the change could result in around 8 GW clearing the auction. [reNews]

Offshore windpower (insung yoon, Unsplash)

• “Economic Growth Has Been Linked To Rising Emissions For Decades. Now, The ‘Opposite Is Happening’” • A decade on from the Paris Agreement the link between GDP and rising emissions is starting to break. Increasing numbers of countries are reducing CO₂ emissions while their economies keep growing, debunking decades of climate blocking. [Euronews]
• “By Locking In Russian Assets For Good, The EU Is Finally Playing Hardball” • In an audacious move, the EU is indefinitely immobilizing Russian sovereign assets, pushing back against external pressure to release the funds before Moscow agrees to pay war reparations to Ukraine. The EU is immobilizing €210 billion of assets of the Russian Central Bank. [Euronews]
• “What’s The Connection Between Soils And Climate Change?” • The Food and Agriculture Organization of the UN has long warned that pressures on land, soils, and fresh water systems are intensifying as they are pushed to the limits of production. Many in the field argue that support for agriculture needs to focus on these same things, not finances. [CleanTechnica]
• “NLR Analysis Identifies Reservoir Thermal Energy Storage For Data Center Cooling Needs” • In the growth of data center energy consumption, computer servers take the largest share, but cooling systems come in second. A study by researchers at the National Laboratory of the Rockies offers a potential solution to reduce that consumption. [CleanTechnica]

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