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Last week an updated Business Case for Snowy 2.0 was released.  Like every aspect of this hapless, over-hyped project it is late, inadequate, and unrealistically optimistic.

The post Snowy 2.0’s updated business case is flawed, again appeared first on RenewEconomy.

Andrew Forrest's latest renewable mega project proposal includes a battery component with up to 12 hours of storage.

The post Andrew Forrest plans massive 2GW wind and solar project, backed by gigawatt-scale 12-hour battery appeared first on RenewEconomy.

Labor came to power promising real change on climate. But their reliance on accounting tricks, carbon sinks, offsets and a future for gas has cast a very large cloud. Bill Hare, Adjunct Professor of Energy, Murdoch University Licensed as Creative Commons – attribution, no derivatives.

A Toronto-based carbon and precious metals royalty and streaming company announced first quarter results for 2024 on Wednesday, with portfolio updates on their offset joint venture interests and a C$200 million ($146 mln) investment pipeline in nature-based offset projects.

Two University of Wollongong researchers have won Australian Research Council (ARC) Laureate Fellowships to support their ground-breaking climate research.

The post UOW researchers awarded $7m for climate and decarbonisation projects appeared first on RenewEconomy.

Grindavik's mayor says larger lava flows than usual are heading towards the largely abandoned area.

Carbon Pulse rounds up May’s developments in Latin American and Caribbean carbon markets, seeing South American countries push forward under Article 6 implementation agreements, compliance carbon pricing systems broaden their base of certification schemes, and new announcements of large-scale nature-based projects.  

Developed countries finally surpassed the target of providing $100 billion annually in climate finance for developing countries in 2022, two years after the original deadline, according to a new climate finance assessment from the OECD.

Extra funding for flood defences and a network of climate action hubs are among the Scottish government’s response to the urgent need for adaptation to warming temperatures, with the country experiencing hotter summers and more coastal erosion, said a government representative on a webinar.

Exclusive: Five facilities named in documents tabled in NSW parliament defend practices, as independent experts question whether testing system is failing consumers

• Recycling fill sold in Sydney stores tests positive for asbestos
• Big waste companies broke rules on testing for contamination
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Facilities belonging to some of the leading commercial laboratory companies in Australia were among those that retested samples of landscaping products at the request of their waste company clients, after initial tests found contamination not compliant with NSW laws.

Guardian Australia revealed earlier this year the testing regime meant to limit toxic chemicals in landscaping material known as “recovered fines” had been compromised by the practice of waste companies asking private laboratories to retest samples until they passed.

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New study published in Cell Reports Sustainability finds emission reductions provided $249bn of climate and health benefits

By increasing its use of renewable energy, the US has not only slashed its planet-warming emissions but also improved its air quality, yielding hundreds of billions of dollars of benefits, a new report has found.

The study, published in Cell Reports Sustainability on Wednesday and based on publicly available data, focuses on uptick of renewable energy in the US from 2019 to 2022.

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Europe can remove around 300 million tonnes of CO2 a year by simply protecting, restoring, and encouraging growth in its old forests, a new study has found.

Experts at the UNFCCC assessing a REDD+ submission from the Democratic Republic of the Congo (DRC), found that the country's emissions reporting was "partially transparent and partially consistent" with expected standards, identifying areas for capacity-building and future technical improvement.

Australia-headquartered asset manager New Forests is preparing to potentially generate biodiversity credits by gathering nature metrics across 37,800 hectares in three African countries, Carbon Pulse has learned.

Germany approved a draft bill Wednesday allowing carbon capture and storage (CCS) for emissions-intensive industries that cannot be electrified, excluding coal-fired power plants, and also plans to create a legal framework to develop carbon pipeline infrastructure.

Anglo-Dutch oil major Shell has dominated the voluntary carbon market (VCM) over the past six months, retiring 14% - or one seventh - of all credits retired between Nov. 2023 and April 2024, Carbon Pulse analysis has shown.

European carbon prices were little changed on Wednesday morning as the market digested the latest Commitment of Traders data that showed investment funds had cut their net short position to the lowest in seven months, while compliance companies slashed their short positions.

The International Monetary Fund (IMF) issued a new paper on Tuesday arguing that climate action delivers “sizable energy security benefits” for Europe while highlighting risks related to carbon pricing policies in coal-reliant Eastern EU countries.

Hundreds of Indian farmers who have been camping for more than 100 days between the Punjab and Haryana states to demand better prices for their crops have been enduring a savage heat wave sweeping swathes of northern India.

Temperatures in Delhi, not far from the protest, have hit a record high of 49.9C (121.8F), as authorities warned of water shortages in the capital

• Delhi temperature hits 49.9C as India’s capital records hottest day

• Record breaking heat hits Delhi – in pictures

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Conservation efforts have largely failed to protect seafloor invertebrate animals, including worms, clams, and shrimps, which play a critical role in mediating the health of the ocean, a paper has said.