Feed aggregator

An Australian company with a potential breakthrough in making a key battery storage ingredient lands $30 million grant to build a demonstration factory.

The post Arena backs Australian factory featuring “breakthrough” in battery storage powders appeared first on RenewEconomy.

California Low Carbon Fuel Standard (LCFS) credit prices plunged on Wednesday after regulator ARB announced that the state administrator had rejected programme updates, casting uncertainty over the implementation timeline of changes.

Queensland has the lowest share of renewables – and the highest dependence on coal – of any state in Australia, and one of the main reasons has been its lack of wind power. The 12 MW Windy Hill project in the north of the state was one of the first in Australia, but it took […]

The post New wind projects propel Sunshine state to new milestone, and avoid clash with solar appeared first on RenewEconomy.

Miner Rio Tinto will now use carbon credits to meet some 10% of its 2030 climate targets, and will rule out using Safeguard Mechanism Credits (SMCs) to meet its Australian compliance obligations. 

Fortescue Zero expects to earn more than $1.6 billion in revenue for supplying motors for its electric trucks, but admits other projects facing headwinds from Trump.

The post Fortescue sees billion dollar windfall from electric truck deal, but Trump throws spanner into green timelines appeared first on RenewEconomy.

Development of onshore gas and uranium would support Nova Scotia’s ambitions for a global net zero by 2050, according to legislation introduced Tuesday by the province’s minister of natural resources.

The SwitchedOn summer series – How I Electrified – is a 4-part series of interviews with Australian householders who’ve electrified their homes and transport.

The post SwitchedOn Podcast Summer Series: How I electrified appeared first on RenewEconomy.

Newly proposed changes to Washington’s cap-and-invest programme that would increase near-term GHG allowances to make compliance easier may jeopardise the state’s 2030 and 2040 climate goals, legislators heard at a hearing, but stakeholders warned of affordability concerns.

Hancock Prospecting has fallen foul of new environmental rules at Ad Standards, which say green claims in advertising must be substantiated.

The post Watchdog rules “clean gas” claims from Gina Rinehart company are false, misleading appeared first on RenewEconomy.

A hybrid system that uses trickle-recharging between big batteries and pumped hydro provides very cheap energy storage and cheap storage power. Gas cannot compete.

The post Trickle recharging using a combination of pumped hydro and battery storage can get rid of gas appeared first on RenewEconomy.

Environment and Climate Change Canada (ECCC) addressed questions regarding its recently published direct air capture (DAC) and CO2 storage protocol for federal offset credits during a webinar on Wednesday.

Indonesia’s expansion of its less regulated captive coal sector will drive up emissions, cost more money, and hamper its transition to renewable energy, a think tank wrote Thursday.

Some 47 UK investment firms, environmental market actors, and property companies have signed an open letter to the government, championing the role of biodiversity net gain (BNG) policy in driving a “sustainable housebuilding revolution”.

Albanese has pledged up to $2bn to help ensure the survival of the Whyalla Steelworks and keep Australia's "enormous" green steel opportunity alive.

The post Albanese pledges $2 billion to rescue Whyalla and Australia’s green steel ambitions appeared first on RenewEconomy.

A US-based CO2 utilisation firm announced another $83 million in an additional Series C funding on Tuesday for a pilot installation.

Colorado and a Netherlands-based global reforestation firm announced Wednesday a lease agreement to reforest wildfire-impacted state land, aiming to generate carbon credits under a public-private partnership approach.

Regulations published Tuesday to help operationalise Paraguay’s 2023 law on carbon markets lean into the Paris Agreement’s Article 6, seeking convergence with the voluntary carbon market (VCM) to open opportunities for domestic projects, according to a senior official speaking to Carbon Pulse.

In light of a California administrator’s disapproval of recent updates to the state’s Low Carbon Fuel Standard (LCFS), credit prices in the secondary market plunged about 22.8% at market open Wednesday.

After becoming embroiled in scandal, formerly hot startup and Wall Street star had said it would likely run out of cash

Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year.

Nikola was a hot startup and rising star on Wall Street before becoming enmeshed in scandal and its founder was convicted in 2022 for misleading investors about the Arizona company’s technology.

Continue reading...

The European Union's transition to clean heating technologies is facing serious headwinds, experts have said, putting at risk the sector's impending coverage under carbon pricing and risking deeper energy poverty for vulnerable households.