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Even if the world meets its global 1.5C temperature target, New Zealand can get away with reducing methane emissions at the very low end of its legislated target, and even go below that if climate action elsewhere is less successful, a controversial government panel said Wednesday.

One of the world’s largest biochar carbon removals projects is among the five recipients to receive a total A$33.6 million ($21.7 mln) in concessional grant funding from the government of Western Australia, according to an official announcement.

One of Australia’s largest soil carbon project developers has acquired a tech company’s risk and impact assessment tool that it will combine and launch as a new platform, it announced this week.

Queensland company PowerCap is set to produce sodium batteries from 2025.

The post Australia storage start up says it is ready to produce lower cost sodium batteries from 2025 appeared first on RenewEconomy.

Spanish energy giant Naturgy raises $2.3 billion to expand Australian portfolio as it commissions its latest wind project.

The post Spain’s Naturgy raises $2.3 billion for Australian renewables portfolio as new wind farm comes online appeared first on RenewEconomy.

Australian solar innovator SunDrive has passed a major milestone on the road to commercialising its homegrown copper-based PV technology.

The post “Concrete proof:” SunDrive marks major milestone on path to bring low-cost solar cells to market appeared first on RenewEconomy.

Washington state on Tuesday adopted amended regulations to establish obligations in future for emissions associated with imported power from centralised electricity markets (CEMs).

Traders expect RGGI’s last permit sale to clear discounted or near secondary market prices, with mild involvement from financial entities given uncertainty on programme review next steps.

A carbon project ratings agency has laid off dozens of staff members amid a company restructuring campaign, Carbon Pulse has learned.

The New Zealand government on Wednesday published long-awaited elements of its plan to limit exotic forestry in the Emissions Trading Scheme based on Land Use Capability (LUC) class. 

Washington's final current vintage auction for this year is anticipated to prompt a reserve sale that would release additional volumes, driven by the market’s need for increased permit supply.

Indonesia would need to retire 3 GW of coal-fired power plants per year and replace it with 8 GW of renewables at the same rate if it is to achieve its 2040 coal phase-out target, according to an analysis published Wednesday.

Some 35 investors representing $6.5 trillion in combined assets have engaged with varied results over a year-long outreach with seven seafood companies on sustainability issues such as supply-chain traceability to curb habitat destruction and overfishing.

EDF extends life of reactors to ‘boost energy security’ and bridge gap before new Somerset project starts up

Four of Britain’s oldest nuclear power plants will continue running for more than a decade longer than initially planned to help bridge a gap before the delayed Hinkley Point nuclear station starts up.

The owner of Britain’s nuclear plants, the French energy company EDF, said it had agreed to extend the lifetime of its reactors yet again to “boost energy security and reduce dependence on imported gas”.

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The final New Zealand ETS auction for 2024 has partially cleared, with 4 million NZUs selling at NZ$64 ($37.63), in line with market expectations.

Exclusive: With Brazil’s politicians, agribusiness organisations and global traders piling on the pressure, the highly successful 2006 Soy Moratorium is under threat

One of the cornerstones of Amazon rainforest protection – the Soy Moratorium – is under unprecedented pressure from Brazilian agribusiness organisations, politicians, and global trading companies, the Guardian has learned.

Soy is one of the most widely grown crops in Brazil, and posed a huge deforestation threat to the Amazon rainforest until stakeholders voluntarily agreed to impose a moratorium and no longer source it from the region in 2006.

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A large-scale carbon capture and storage (CCS) project at a North Dakota coal plant is in limbo as a co-developer withdrew from the project months after receiving federal support from the US Department of Energy (DOE).

California electricity sector emissions fell year-on-year (YoY) in October even as the share of renewable energy declined and natural gas rose, according to data published Monday by the state's grid operator.

Companies will have one more year to comply with the EU's incoming deforestation law, under an agreement struck on Tuesday evening between the European Parliament and Council of member states.

Canada’s 2035 climate target was expected Dec. 1 as per federal law, but legal ramifications resulting from the delay appear limited amid a challenging political environment for increased climate ambition.