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Australia’s two largest oil and gas companies confirmed Thursday they are in talks about a potential merger that would create a massive exploration and production major.

Two Australian carbon project developers are partnering with a research group that will soon bid for government funding, the former announced this week.

Groups seek more time to comment on US Forest Service proposal to store carbon dioxide amid fears over safety and impact

A proposal that would allow industries to permanently stash climate-polluting carbon dioxide beneath US Forest Service land puts those habitats and the people in or near them at risk, according to opponents of the measure.

Chief among opponents’ concerns is that carbon dioxide could leak from storage wells or pipelines and injure or kill people and animals, as well as harm the trees in the forests and their habitat, said Victoria Bogdan Tejeda, attorney at the Center for Biological Diversity.

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Exclusive: Five IPCC report authors say scientists should be allowed to make policy prescriptions and potentially oversee implementation

Senior climate experts are calling for an overhaul of the structure and powers of the UN’s Intergovernmental Panel on Climate Change in despair at the slow pace of climate action.

Five lead authors of IPCC reports told the Guardian that scientists should be given the right to make policy prescriptions and, potentially, to oversee their implementation by the 195 states signed up to the UN framework convention on climate change (UNFCCC).

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European carbon was steady on Thursday morning after bears beat back an effort to boost prices in mid-morning after a modestly bullish auction outcome, while energy markets were firmer for a second day as weather forecasts showed slightly lower temperatures in the offing.

Governments and the private sector must improve incentives to invest in nature to help bridge the financial gap, accounting firm KPMG has said.

A new study has found that calcium oxide (CaO) derived from eggshells can effectively remove CO2 from biogas and boost its value as an energy fuel while reducing its impact on atmospheric greenhouse gas levels.

As Climate Change and Energy Minister Chris Bowen lands in Dubai for COP28, Australia has announced an extra A$150 in climate finance with a focus on the Pacific region. Wesley Morgan, Research Fellow, Griffith Asia Institute, Griffith University Licensed as Creative Commons – attribution, no derivatives.

The Australian government has announced it will contribute A$150 million ($98 mln) to two climate mitigation and adaptation funds, as it seeks to support its Pacific Island neighbours at the UN talks in Dubai.

Researchers say they have made a significant step towards understanding the complex role of tropical forests in Earth's climate system, shedding light on reconciling varying estimates of carbon flux that will allow nations to more accurately evaluate their emissions mitigation efforts.

Former journalist Reece Whitby named new energy minister in Western Australia, adding to his climate change and environment portfolios.

The post Reece Whitby named minister “to spearhead” W.A.’s clean energy transition appeared first on RenewEconomy.

Indonesia has approved a revised plan for the Abadi LNG project, which aims to be the first to offer carbon credits for carbon capture and storage in the Southeast Asian country.

As world leaders gather at Cop28, these charts show how far away the major economies are from their targets

Not a single G20 country has policies in place that are consistent with the Paris agreement’s goal of limiting global heating to 1.5C and meeting their “fair share” of emissions reduction.

The assessment, based on data up to 5 December provided by the Climate Action Tracker, comes as leaders gather in Dubai for the Cop28 conference.

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A private Ontario-based nuclear company released Wednesday what it claims to be the industry's first carbon credit methodology for nuclear power generation at COP28 in Dubai.

Traditionally unpopular carbon taxes could be achieved with regulatory compliance, IMF head tells Cop 28

Diverting the trillions of dollars by which the world subsidises fossil fuel production each year, and putting an implicit price on carbon emissions, would generate the vast amounts of cash needed to tackle the climate crisis, the head of the International Monetary Fund has said.

Governments have been put off explicitly pricing carbon by the potential unpopularity of new carbon taxes, which have become favourite targets of anti-climate politicians and parties around the world, from the US and Australia to Europe and the UK.

When you put a price on carbon, decarbonisation accelerates

Kristalina Georgieva, of the IMF

It is not so easy to identify the carbon content and then to put on an appropriate price

Kristalina Georgieva

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Politicians and conservative media commentators drumming up anti-renewables sentiment in the guise of protecting biodiversity and koala habitat is blatant hypocrisy.

The post Anti-renewables hypocrisy will not save koalas appeared first on RenewEconomy.

A solar farm in Queensland's Western Downs region will power more than a dozen retail, office and industrial sites as part of a new six-year deal.

The post Zen Energy inks deal to power supermarkets and offices with Queensland solar appeared first on RenewEconomy.

The 80,000 delegates are thinking of how best to unwind from the climate summit ‘whirlwind’ in Dubai on their only day off

From the world’s largest waterpark to an indoor ski resort in a shopping centre, Cop28 delegates will have plenty of options to choose from on their only day off at the climate summit.

After an exhausting week of negotiations, events and protests, the 80,000 delegates in the United Arab Emirates will have a chance to enjoy Dubai ahead of the final push.

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Applications for connections to the grid from new renewable and storage projects have more than doubled in the past year, and it's taking less time.

The post “Major influx:” Batteries lead charge as renewables and storage grid applications double appeared first on RenewEconomy.

Banning public funding for overseas fossil fuel projects will boost Australia’s climate leadership. But can it take the next step and do it domestically? Christian Downie, Associate Professor, Australian National University Maxfield Peterson, Postdoctoral Research Fellow, Australian National University Licensed as Creative Commons – attribution, no derivatives.