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Treasurer Tim Pallas says government is working to determine who needs to be paid back after high court’s EV ruling

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Victorian electric vehicle drivers will be repaid millions of dollars collected under an unconstitutional tax but it could take months for the cash to flow.

The high court last month found the Victorian government’s electric vehicle impost to be constitutionally invalid, as states do not have the power to impose excise taxes on consumption.

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Victoria government walks back changes to property tax laws that threatened to hobble renewables growth in the state by adding big fire levies to wind, solar and storage projects.

The post “Great result” for wind and solar as huge fire levy threat to renewables is doused appeared first on RenewEconomy.

An explosive eruption sends volcanic rock hurtling into the sea around Niijima Island, south of Tokyo.

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Sites under consideration could include the Chilterns, the Cotswolds and Dorset.

A report released by the World Economic Forum (WEF) and consultancy Accenture on Tuesday assessing the decarbonisation efforts of heavy industry and transport sectors says the industries require $13.5 trillion in investment to achieve net zero by 2050.

Oil and gas company Santos has urged the government to provide a guaranteed supply of Australian Carbon Credit Units (ACCUs) in order to meet its compliance regulations under the Safeguard Mechanism, according to tabled correspondence.

Leaked documents and an undercover investigation suggest UAE has been using its role as host of the COP28 to secure oil and gas deals.

The post Australia cited as COP28 host caught planning fossil fuel deals at UN climate talks appeared first on RenewEconomy.

NSW Forestry Corp hoses down claim it plans to "carpet bomb" pine plantations with "hundreds of giant wind towers." Guess who's spreading them?

The post Incoming! Nats add “carpet bomb” of wind turbines to list of anti-renewable tropes appeared first on RenewEconomy.

British PM to tell UN summit of plans for rainforests and new national park – but green groups remain sceptical

Rishi Sunak is to announce a new package of green measures as the Cop28 UN climate summit begins in Dubai, including a search for a national park, a strategy on British rainforests and landscape recovery projects with farmers.

But green groups have told the Guardian the package is greenwashing and an attempt by the UK prime minister to “reset” his reputation after previously opposing environmental measures.

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Kate Muller from Norton Rose Fulbright talks with Habitat’s Ben Irons and colleague Nick Abrahams on the role AI will play in a grid making switch from spinning machines to inverter-based tech.

The post Podcast Special: AI, inverters and a smarter grid appeared first on RenewEconomy.

The government of Alberta will provide energy, building, and chemical industries with a 12% incentive tax credit for new eligible capital project costs on carbon capture, utilisation, and storage (CCUS) operations, funded in part by its emissions trading system, the province announced Tuesday.

Danish developer GreenGo Energy announces plans to build one of the world's biggest green energy parks – a 60GW/190TWh project in West Africa.

The post “Megaton Moon:” Danish developer plans 60GW solar and wind energy park appeared first on RenewEconomy.

The promises, plans and targets of state and federal governments and ambitious developers for wind, solar and storage are not being reflected on the ground. Something must be missing.

The post Lot’s of talk, not enough action: Wind, solar and storage projects stalled at starting gate appeared first on RenewEconomy.

Alberta’s United Conservative government introduced a resolution Monday to challenge the federal Liberal government’s draft regulations in pursuit of a nation-wide net zero electricity grid by 2035.

The NSW Planning Department has made life difficult for project developers. If it continues, consumers will pay a heavy price for unreliable power from coal stations that should have been closed years ago.

The post NSW planning department can’t see the forest for the trees appeared first on RenewEconomy.

The Voluntary Carbon Markets Integrity Initiative (VCMI) issued new guidance today for carbon credit-buying firms, including a new proposed use case for carbon credits that has swiftly divided opinion, with campaigners warning the proposal risks diluting company goals and market participants claiming it could raise ambition by encouraging more companies to take action.

A technology company, an offset project developer, and an Indigenous tribe have pooled resources and funding to co-develop the first phase of an Improved Forest Management (IFM) project in the northern regions of British Columbia.

In what’s likely to be the hottest year on record, nations are gathering to try and hash out faster action on climate change. Here are the three main issues facing negotiators. Brendan Mackey, Director, Griffith Climate Action Beacon, Griffith University Licensed as Creative Commons – attribution, no derivatives.

The success of this week’s UN climate summit will depend on one man who must know that a favourable result would be bad news for the industry he represents

History was made in Glasgow in 2021 when “fossil fuels” appeared in the Cop26 declaration. It was the first time they had ever been mentioned in the text of a Cop agreement – officially recognising the taproot of a human-led climate emergency. Two years is a long time in geopolitics. This year’s Cop28, which begins on Thursday in Dubai, will be presided over by Sultan Al Jaber, the chief executive of the state oil company of the United Arab Emirates, which has the largest net-zero-busting expansion plans of any fossil fuel business in the world.

It was already doubtful that Mr Al Jaber was fit to lead global climate negotiations while responsible for planet-wrecking activities. This week’s revelations that he planned to lobby on oil and gas deals during meetings with foreign governments ahead of Cop28 further damage his credibility as an honest broker in climate negotiations. Mr Al Jaber had a hard enough job without hustles making a mockery of his independence.

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