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Star of the South says the clock is now ticking for the Victoria government to finalise the transmission connections for its first offshore wind zone.

The post Victoria needs to get grid connection underway if it wants offshore wind appeared first on RenewEconomy.

A Japanese renewables company is expanding its biomass production capacity in Vietnam where it plans to generate carbon credits for international trade as well as for use in the emerging domestic carbon market.

Offshore wind industry says international project cancellations are a "few one offs", but says strong targets will help build scale and lower costs in Australia.

The post Offshore wind industry says “perfect storm” will pass, but strong targets needed appeared first on RenewEconomy.

‘There is no magical defence mechanism,’ says Greek prime minister as fires burn in northern Africa and southern Europe

Wildfires were burning in at least nine countries across the Mediterranean as blazes spread in Croatia and Portugal, with thousands of firefighters in Europe and north Africa working in extreme heat to contain flames stoked by high temperatures, dry conditions and strong winds.

High temperatures and parched ground sparked wildfires in countries on both sides of the Mediterranean, with at least 34 people killed in Algeria, where 8,000 firefighters on Tuesday battled blazes across the tinder-dry north. Fires burned in a total of 15 provinces, leading to the evacuation of more than 1,500 people.

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Carbon markets will become important sources of funding to address the need for clean cooking projects, particularly in sub-Saharan Africa, according to an International Energy Agency (IEA) report published Wednesday.

The regional bloc is focusing on protecting its supply chains for domestic clean technology manufacturing industries, but also has an eye on Australian projects.

The post EU eyes Australian wind investment as it locks in renewable capacity at home appeared first on RenewEconomy.

Sadly, the chances of survival for the remaining whales is very low – and time is fast running out. Kate Sprogis, Adjunct Research Fellow, UWA Oceans Institute, The University of Western Australia Licensed as Creative Commons – attribution, no derivatives.

New Zealand’s marine policies are scattered across multiple laws and regulatory institutions. A dedicated ministry would overcome this fragmentation and help protect vital ecosystems and resources. Elizabeth Macpherson, Associate Professor of Law, University of Canterbury Karen Fisher, Associate Professor in Human Geography, University of Auckland Licensed as Creative Commons – attribution, no derivatives.

“We’ve got big plans to invest in even more of these big fans to help wean ourselves off polluting gas," says Octopus Energy CEO.

The post Origin-backed Octopus Energy to spend $30 billion on offshore wind projects appeared first on RenewEconomy.

BNEF report finds Japan can decarbonise using mature technologies like wind, solar and electric vehicles, and with minimal need to rely on green hydrogen.

The post Japan can reach net zero with solar, wind and EVs – and minimal hydrogen appeared first on RenewEconomy.

The spot price for NZUs has skyrocketed by almost 27% following the government’s announced changes to the ETS price controls and settings, however market participants have noted considerable uncertainty remains.

One of Australia's first commercial green hydrogen projects - next to a large wind farm - has been scrapped because the electrolysers are too far from customers.

The post Australian green hydrogen project scrapped due to transport costs, pumped hydro on hold appeared first on RenewEconomy.

Dragons' Den star Deborah Meaden says start-ups can help drive the green agenda.

Rescue efforts continue to save 46 survivors after pod strand themselves on Cheynes beach, east of Albany

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More than 50 of the long-finned pilot whales stranded on a Western Australian beach have died, despite an overnight vigil by wildlife experts.

“Sadly 51 [pilot] whales have died overnight after a mass stranding at Cheynes Beach,” the Parks and Wildlife Service said on Wednesday morning in an update on social media.

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

Multiple approaches exist to address the treatment of surplus ‘legacy’ offsets lingering in the ledgers of the voluntary carbon market that is crucial for restoring participants’ confidence, regenerating climate finance flows, and achieving global environmental targets, experts told Carbon Pulse before an industry body puts out its assessment framework on the issue.

Neoen announces a boost in size for the biggest battery in Queensland, and the biggest battery in Australia to be located next to a solar farm.

The post Neoen jacks up size of biggest solar battery project in Australia appeared first on RenewEconomy.

Only eight banks are responsible for over half of the $20 bln in direct financing of recent oil and gas activities in the Amazon rainforest, according to a report published Tuesday, as South American nations ready an agreement to stamp out illegal deforestation in the biome by 2030.

A California-headquartered climate tech firm on Tuesday announced it has released a first-of-its-kind methodology where microorganisms remove CO2 from the atmosphere and mineralise it in soil.

Two more speculative players have accumulated positions in the Alberta offset market under the Technology Innovation and Emissions Reduction (TIER) regime, building on the credit holdings that existing financial entities have accumulated in the programme.