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Operators of CCS networks set to come online around the world in the next few years may be able to reduce CO2 storage liabilities for emitters, thanks to a new partnership between two tech firms that enables network operators to model their entire CO2 network from the point of carbon capture to final injection point.

Vietnam’s Just Energy Transition Partnership (JETP) is being hampered by a lack of grants and a surfeit of loans with onerous interest rates, according to Reuters.

Exclusive: Projects that risk 1.5C heating target operated by companies receiving financing from European, Chinese and US banks

Banks pumped more than $150bn last year into companies whose giant “carbon bomb” projects could destroy the last chance of stopping the planet heating to dangerous levels, the Guardian can reveal.

The carbon bombs – 425 extraction projects that can each pump more than one gigaton of carbon dioxide into the atmosphere – cumulatively hold enough coal, oil and gas to burn through the rapidly dwindling carbon budget four times over. Between 2016 and 2022, banks mainly in the US, China and Europe gave $1.8tn in financing to the companies running them, new research shows.

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The hopes for naturally occurring hydrogen received a shot in the arm Tuesday morning as a discovery in a distant part of Australia made by a company worth just over A$35 million ($22 mln) was reported to the nation’s stock exchange.

Renewables investment giant unveils plan to establish Australia's first polysilicon manufacturing plant, after securing a place to build it and power it with solar.

The post Cashed-up Quinbrook reveals $8bn plan to kick-start Australian solar supply chain appeared first on RenewEconomy.

NZUs have traded mostly sideways since the national election earlier this month, as the market awaits the release of the critical “special votes” result which will dictate the final makeup of the government.

A climate-focussed think tank has lashed out at a collaborative report by Australia’s top science body, suggesting the emissions calculations it has made for a frontier gas project and possible LNG plant are inaccurate.

Compliance carbon markets are expected to grow by around 5% in 2023, despite a predicted decline in total trading volumes as a consequence of the war in Ukraine, according to a new report.

Ivor Frischknecht, now head of Sosteneo, talks about the new battery that signals the end of the need for spinning machines, and a clear path to 100 per cent renewables. Plus: All Energy and Joyce.

The post Energy Insiders Podcast: The end of spinning machines appeared first on RenewEconomy.

A daily summary of our news plus bite-sized updates from around the world.

Arena says it approved a record amount of funding in 2022-23 to projects valued at over $3.5 billion, with a focus on cheap solar and battery storage.

The post “Significant scale-up:” Arena caps off first decade with record year of funding appeared first on RenewEconomy.

In the disinformation age it’s not enough for us to shake our heads about the lies the other side perpetrates

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Fresh from dragging an invitation for reconciliation into a mire of racial division, the reactionary right is prepping a new community consensus to infect, recasting the transition to renewables as a reckless attack on the environment.

The Albanese government’s election mandate to achieve net zero emissions by 2050, kick-started with a rapid transition to renewables including a 43% target by 2030, has shifted the climate agenda from advocacy to action.

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Origin says it electricity sales are down six per cent due to growth of solar and efficiency, while gas generation has slumped 21 per cent.

The post Solar and efficiency take big bite out of sales from Australia’s biggest utility appeared first on RenewEconomy.

Australia's biggest coal generator hit with major fines for failing to deliver the essential grid services that it had promised and for which it was paid.

The post Australia’s biggest coal generator fined for failing to deliver promised grid services appeared first on RenewEconomy.

The benefits of building the new wind and solar will be lost if Queensland persists with its overly expensive and unnecessary long duration pumped hydro.

The post Queensland has a great renewable future – but not with big pumped hydro appeared first on RenewEconomy.

Corio Generation says it is on-schedule to complete environmental survey assessments for the proposed Great Eastern Offshore Wind farm.

The post Corio says environmental surveys “well advanced” in Australia’s first offshore wind zone appeared first on RenewEconomy.

Sadiq Khan hails ‘huge progress’ as progress report finds more than 95% of vehicles are now compliant

• Ulez: what is it, how much does it cost and why is it so controversial?

The number of the most polluting vehicles driven in London has fallen by almost half since the capital’s ultra-low emission zone (Ulez) was expanded, taking almost 80,000 older cars off the roads.

About 77,000, or 45%, fewer non-compliant cars and vans were detected on average a day in September, the first month of operation of the expanded zone – compared with June 2023.

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Most businesses around the world say government regulation is the most important driver when it comes to accelerating their own transition to cleaner energy, outweighing the impact of pressure from consumers and investors, according to a report released Tuesday.

Demand for credits eligible for the first full phase of the CORSIA is building ahead of the aviation offset scheme's transition next year, but market participants are questioning whether supply of the required correspondingly-adjusted credits will be available, a conference heard on Monday. 

New scientific report finds the impact on whales from offshore wind farm development is minimal – and much less serious than the threat from climate change.

The post Climate change a much greater threat to whales than offshore wind, study finds appeared first on RenewEconomy.