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The US Department of Energy (DOE) announced Friday funding of up to $304 million towards large-scale carbon capture and storage (CCS) demonstration projects located at power and industrial sites across four states.

Politicians set to speak at the demonstration include the LNP's Barnaby Joyce, Keith Pitt, Matt Canavan and nuclear fan Gerrard Rennick, One Nation's Malcolm Roberts and the UAP's Craig Kelly.

The post Anti-renewables rally hears from who’s who of climate deniers, fossil boosters appeared first on RenewEconomy.

New research suggests Earth may have already reached at least 1.7°C warming since pre-industrial times – a deeply troubling discovery.

The post “A deeply troubling discovery:” Earth may have already passed crucial warming limit appeared first on RenewEconomy.

TagEnergy signs second PPA for Golden Plains Wind Farm, with digital infrastructure company Equinix.

The post Massive Golden Plains wind farm snags a second PPA appeared first on RenewEconomy.

Study finds ‘unprovoked’ attacks were more common for surfers than swimmers

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Australia is home to a disproportionate number of deadly shark attacks, with isolated areas carrying a greater risk of fatalities, international research has found.

The 10 fatal attacks globally in 2023 doubled the five in the previous year, with four of last year’s deaths occurring in Australia.

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A Toronto-headquartered alternate asset management firm has raised $10 billion in the first closing of its second private equity fund investing in global net zero opportunities, and is on track to exceed its predecessor fund size, the company announced Monday.

Solar photovoltaic capacity across Europe will rise more than any other power generation source due to major additions planned for this year, analysts forecast, potentially displacing demand for carbon permits.

Keeping the average global temperature rise below 1.5°C since pre-industrial times is a goal of the 2015 Paris climate deal. New research suggests that opportunity has passed. Malcolm McCulloch, Professor, The University of Western Australia Licensed as Creative Commons – attribution, no derivatives.

We don’t yet fully understand what global climate tipping points mean for Australia. But we know enough to conclude the impacts of passing one or more tipping points must now be considered. Michael Grose, Climate Projections Scientist, CSIRO Andy Pitman, Director of the ARC Centre of Excellence for Climate Extremes, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.

The European Commission will on Tuesday present what is likely to be the last substantial climate action proposals before the European elections, tackling tough questions about how to decarbonise the hardest-to-abate sectors and get on track for net zero emissions by 2050.

News of the Integrity Council for Voluntary Carbon Markets (ICVCM)’s progress report dominated the voluntary market that, for the second week running, was thin on activity but high on retirement volumes.

The 2024 budget for Guyana’s Ministry of National Resources will allocate more funding to mineral mapping than to land reclamation and reforestation, but this will ultimately help prevent deforestation, according to recent remarks by the agency's minister.

The shipping sector’s main international trade association has put forward a new proposal for a global shipping climate fund, which could be filled by imposing a levy of $12.50 per tonne of CO2 equivalent, based on the need to raise $10 billion to meet emissions goals.

Carbon surcharges attached to shipping fees levied on charterers and downstream customers from Jan. 1 reflect not only EUA prices or emissions data, but also methodological decisions, contract types, and risk management, according to various experts speaking to Carbon Pulse.

Findings in leading scientific journal that globe has breached key warming milestone challenged by climate science experts

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Between 30 metres and 90 metres below the surface of the Caribbean Sea, an ancient sponge species that grows a hard skeleton has been quietly recording changes in the ocean temperature for hundreds of years.

Now those sponges are at the centre of a bold and controversial claim made in a leading scientific journal that, since the start of the Industrial Revolution, the planet may have already warmed by 1.7C – half a degree more than estimates used by the United Nation’s climate panel.

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A court in Kenya has mandated a commission to investigate the acquisition of around 4,000 acres of land by a company "involved in carbon trade" and operating in parts of a Kasigau Corridor REDD project, according to legal documents.

The Moroccan government reaffirmed its commitment to implementing a carbon tax on Friday, years after initially proposing it in a tax reform law and partially in response to new EU carbon tariffs.

Germany will hold capacity auctions for gas-fired power plants that can be switched to hydrogen fuel in the 2030s, as part of a power plant strategy announced by the coalition government on Monday.

Credit certifier Verra has begun publishing average processing times for project review requests, disaggregated by type, in a bid to improve performance and provide transparency under its New Era for Verra initiative, per a company press release.

European carbon allowance prices were said to be "wandering" on Monday morning, with the daily spot auction clearing in line with benchmark futures prices, gas easing lower, and traders awaiting the outcome of a key EU policy meeting on Tuesday on the bloc's 2040 emissions reduction target.