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The federal government has laid out its projections for Australian Carbon Credit Units and Safeguard Mechanism Credits (SMCs), expecting demand for ACCUs to peak in 2031.

Rishi Sunak’s attendance comes after he scaled back pledges to help the UK reach net zero by 2050

• Cop28 live – latest updates

King Charles will give a “call to arms” in his Cop28 climate summit opening statement, Rishi Sunak has said, expressing delight over the monarch’s record championing the issue.

Sunak said it was a “proud moment” for him to witness Charles deliver his speech on Friday, which “speaks volumes about our type of leadership as a country”.

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Discussions around Australia’s carbon market is stuck in the perspective of it being a voluntary, rather than a compliance scheme, according to a fund partner, saying that the market must reorient its thinking if it is to succeed.

The biggest solar project entirely dedicated to a green hydrogen production centre about to begin construction.

The post Biggest solar farm contracted for green hydrogen to begin construction appeared first on RenewEconomy.

The Australian government is making moves in the Senate to get a report into its Nature Repair Market legislation finalised on Monday, some five months ahead of its official deadline.

Giant battery in Melbourne partly funded by SEC is looking at adding 12-hour storage using flow battery technologies for its next stage.

The post Giant Melbourne battery may triple in size with plans for 12-hour flow battery storage appeared first on RenewEconomy.

Many ‘green’ claims on social media ads are claims only. We need legislation to ensure green terms are clearly defined and based on the truth. Christine Parker, Professor of Law, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

Through the Loss and Damage Fund, developed states and major emitters will compensate developing countries experiencing the most devastating effects of climate change. The fund is now operational. Matt McDonald, Associate Professor of International Relations, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.

Rising temperatures are putting the health of endangered mountain gorillas at risk.

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There will be enough wind, solar and battery storage to fill up the Eraring sized hole in the grid. But will NSW Labor be governed by the dictates of radio shock jocks and newspaper headlines?

The post Do we really need Eraring when we’ll have more big batteries by 2026? appeared first on RenewEconomy.

California Carbon Allowance (CCA) prices dipped slightly as volumes almost halved over the past week, while Washington Carbon Allowance (WCA) prices also took a dive following the release of the draft cap-and-trade linkage bill, with volumes remaining low throughout.

Macquarie’s Lachlan Creswell and Aula’s Chad Hymas on wind, solar and storage. Plus: SEC’s big battery play, Bowen’s climate statement.

The post Energy Insiders Podcast: Macquarie marches in to Australian renewables appeared first on RenewEconomy.

Some petrostates could lose more than half their expected income from fossil fuels as the energy transition accelerates, technologies advance, and climate policy tightens, according to a report published on Thursday.

Nations struggle if the health of their population fails. But good health is seriously threatened by climate change. So putting health at the centre of climate action makes sense. Alistair Woodward, Professor, School of Population Health, University of Auckland Licensed as Creative Commons – attribution, no derivatives.

EU member states’ latest targets would put them on track to reach 66% renewable power in 2030, slightly short of their 69% goal under the bloc's REPowerEU energy security plan, according to a report published in Brussels on Friday.

Charities and NGOs accuse government of changing how it calculates climate spending to claim it will exceed targets

Rishi Sunak has been accused of sending out the wrong signals on tackling the climate emergency as he heads to the Cop28 summit in Dubai after saying his revised net zero targets show he is “not in hock to the ideological zealots”.

The prime minister will allocate about £1.6bn of climate finance during the summit and claim that the UK will exceed its target of spending £11.6bn over the five years to 2026.

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Oman updated its NDC for the second time on Thursday, substantially raising its business as usual (BAU)-based goal and signalling a willingness to develop emissions trading approaches under Article 6 of the Paris Agreement.

A company that was once one of Europe’s dirtiest has announced plans to invest €55 billion in renewables, batteries and hydrogen by 2030.

The post German energy giant RWE boosts renewable ambition to 65GW by 2030 appeared first on RenewEconomy.

Air Canada on Thursday firmed up plans to purchase durable carbon removal credits, while Germany's national carrier announced a scaling up of its voluntary climate offering for passengers.