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The Business Roundtable is spending liberally to weaken efforts that would enable investors to hold companies accountable for their climate promises

Three years ago today, in a statement that would be described as “historic”, “monumental” and “revolutionary”, America’s most powerful and politically connected corporations promised to “protect the environment by embracing sustainable practices across our businesses”.

The “Statement on the Purpose of a Corporation” came from the Business Roundtable, an influential Washington DC lobbying group whose 200-plus members include the chief executives of some of the world’s biggest companies, including Apple, Pepsi, Walmart and Google.

Generate goodwill and positive PR by publishing bold climate goals, with little fear of being held accountable or legally liable for achieving those goals.

Can choose to selectively disclose certain parts of their carbon footprint, or none at all.

Are not required to reveal the greenhouse gas emissions generated throughout their supply chains – which, for most companies, make up the majority of their emissions.

Make high-profile pledges to fight climate change, while paying to maintain memberships in the Business Roundtable and other trade associations that spend millions of dollars to lobby governments against meaningful climate action.

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Australia's Clean Energy Regulator has given priority status to so-called “regeneration checks” in its compliance and enforcement procedures, it announced Friday.

The best of this week’s wildlife pictures, including a baby Sumatran elephant, gemsboks and copulating praying mantice

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An Australia carbon offset developer is establishing offices in regional hotspots across the Asia-Pacific, eyeing potential new business opportunities across a range of markets and project types.

This role will work within the TEM Wholesale and Carbon Positive teams to support the analysis of carbon markets and projects.

This role will work within the TEM Wholesale and Climate Positive International teams to support the analysis of projects within the carbon market.

Despite the arrival of heavy rain, nine UK regions remain drought zones. But what is a drought and why is it happening?

Despite the heavy rain and thunderstorms that have hit the UK this week, several areas of the country remain in drought. Drought was officially declared across eight regions of England on Friday 12 August, with a ninth – Yorkshire – added a few days later.

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This role will provide high-level and specialist technical support and project management in the origination and implementation of carbon offset projects in the Asia-Pacific.

The New Zealand government has outlined how it will spend its NZ$1.3 billion ($830 mln) in international climate finance, in a new strategy it says could potentially help pave the way for developing nations to set up carbon market mechanisms.

Not on my watch!

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Plans to build a 97MW wind farm just outside the Victorian town of Hawkesdale will go ahead, after a fresh legal attempt to block the development was quashed.

The post Victorian court quashes last-ditch legal bid to block contested wind farm appeared first on RenewEconomy.

Mammoth Sunshine Hydro pumped hydro renewable energy project partners with Gidarjil Development Corporation and Burnett Mary Regional Group (BMRG).

The post Queensland “super-hybrid” green hydrogen project gets Indigenous name and support appeared first on RenewEconomy.

AGL gives another clear example of a board unable to respond to climate science, the speed of technology transition, or global experience of the energy transition.

The post AGL leadership farce: Blind to climate science, and still in the control room appeared first on RenewEconomy.

Santos says its 80,000 barrels a day Pikka oil project off Alaska will be a net-zero project. Critics say that's pure spin.

The post “This is total, total greenwash”: Santos claims massive Alaska oil project will be carbon neutral appeared first on RenewEconomy.

Frontier has announced a second request for proposals for the funding of global carbon removal projects, with DAC, synthetic biology, and ocean alkalinity enhancement schemes among its priorities in this round.

After a volatile 2022, AGL says growth and spending in the new financial year will focus on flexible grid-scale storage and flexible generation investments.

The post Big batteries and flexible generation the focus, as AGL seeks greater energy resilience appeared first on RenewEconomy.

Mike Cannon-Brookes says decisions and cost savings made at home - on solar, EVs and electrification - key part of turning Australia into renewable superpower.

The post EVs and solar just the start of becoming renewable superpower, says Cannon-Brookes appeared first on RenewEconomy.

US scientists have discovered a low-cost method for destroying chemicals associated with cancer.

Labor moves to break down single biggest barrier to the supply of electric vehicles in Australia - the lack of a fuel efficiency standard.

The post “This is about freedom of choice:” Bowen moves to break down barriers to EVs appeared first on RenewEconomy.

Wind energy sets new record share of 69 per cent of demand in the state of Victoria.

The post Graph of the Day: Wind energy delivers two thirds of Victoria demand for first time appeared first on RenewEconomy.