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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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EU ETS revenues are still being directed to fossil fuels infrastructure due to legal loopholes and a lack of transparency, green groups warned on Tuesday.

India has pledged to triple its renewable energy capacity by 2030 as part of efforts to meet climate targets, but needs to spend $101 billion more than planned this decade to align itself with the International Energy Agency’s pathway to meeting its 2070 net zero target, according to a report released Wednesday.

A US carrier has become the first customer of a carbon dioxide removal (CDR) company that compresses biomass residue, such as timber or farm crops, into dense carbon blocks at relatively low cost.

The world is on track to exceed 2°C warming within the next five years, with dire consequences for polar ice, mountain glaciers and permafrost – and human society. Timothy Naish, Professor in Earth Sciences, Te Herenga Waka — Victoria University of Wellington Licensed as Creative Commons – attribution, no derivatives.

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With the UN body mandated to shape the carbon crediting mechanism under Article 6 of the Paris Agreement having already produced its final recommendations, the focus on markets in negotiations at COP28 will be on finalising technical details relating to the international trade of units, such as determining the rules around national authorisation of transactions, the transparency of reporting, and establishing safeguards for the mechanism.

An Estonia carbon project developer has raised €2.5 million in seed funding to expand its European portfolio of forestry activities, it said Tuesday.

Just four of 53 of the world’s biggest companies most at-risk from deforestation loss have a policy on the topic covering their entire supply chains, non-profit Ceres has found.

German utility RWE, historically the biggest emitter in the EU ETS, is dropping its 'strategic' hedging of carbon for lignite coal power production, it announced Tuesday, as it unveiled an ambitious new roadmap for green energy technology investment over the next seven years.

The UAE will have its moment of glory while the UK press worries more about petrostate money buying the Telegraph

“A petrostate hosting a climate conference” sounds like a situation shouted out at an improv night, after they’ve done the ones about a fox hosting a henhouse and Jimmy Savile hosting Jim’ll Fix It. Arguably, though, the fact the president of this week’s Cop28 climate conference in Dubai is also the CEO of the United Arab Emirates’ state oil firm crosses the fine line between mirthless joke and extinction-level distress signal. Happily for Sultan Al Jaber, this metaphorical flare will be obscured by all the actual flares caused by oil companies still cheerily burning waste gas across the Gulf. Maybe the various Emirati governments will order the oil firms to lay off this toxic practice – ineffectually outlawed by the UAE 20 years ago – for the duration of the conference, a bit like the Chinese government ordered many Beijing factories to shut down during the 2008 Olympics so that a pea-souper didn’t prevent enjoyment of the dressage. If not, international dignitaries flying into Cop28 on private planes will be able to look out of their windows at the oilfields and consider how nice it is to be welcomed by a roaring fire.

To the jolly old UAE, then, which can own our football clubs but not our newspapers, which should rather be squired by the right kind of meddling foreigners (Rupert Murdoch), criminal foreigners (Conrad Black), morality-vacuum island fort dwellers (the Barclays) or basic non-doms (the Rothermeres). Yes, the week’s other Emirati plotline is the hokey-cokey over the sale of the Telegraph, Sunday Telegraph and Spectator titles, which look like they could be at risk of effectively going to an investment fund backed by the Abu Dhabi ruling family. At present, only a half-arsed government probe stands between civilisation and a desert ski-resort corporate retreat at which former Telegraph editor Charles Moore would be seated heavily down-table from Pep Guardiola, and possibly even Jack Grealish.

Marina Hyde is a Guardian columnist

Cop28: Can fossil fuel companies transition to clean energy? On Tuesday 5 December, 8pm-9.15pm GMT, join Damian Carrington, Christiana Figueres, Tessa Khan and Mike Coffin for a livestreamed discussion on whether fossil fuel companies can transition to clean energy. Book tickets here or at theguardian.live

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This year has seen a shift in the voluntary carbon markets, with demand gravitating towards pricier, higher quality carbon credits that bring other benefits in addition to mitigating greenhouse gas emissions, according to a report published on Tuesday.