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MRV startup discloses product price in a call for wider voluntary carbon transparency
Canadian project developer and UK tech firm partner for direct air capture plant
Policy frameworks across the globe not dealing with carbon removals adequately -campaign group
Australia must simplify biodiversity projects to scale nature repair market, study finds
Indigenous women are showing us how to fight for environmental and human rights | V (formerly known as Eve Ensler)
During a recent trip to Brazil, I saw how Indigenous women activists there have completely changed the political landscape
I was invited to the third Indigenous Women’s March in Brasília, the capital of Brazil, earlier this month. The last occupation of Brazil’s legislature was in January 2022, when a group of rightwing thugs, imitating the January 6 riot in the US, attempted to kill Brazilian democracy. This was the exact opposite.
Five hundred Indigenous women from across Brazil occupied the Congress – not with guns or knives or anger, but with the strength and truth of their words, the intensity of their knowing, with their headdresses, feathers and beaded primordial designs calling us to the earth, to know the earth, to protect and respect the biomes and honor Indigenous women’s rights to their lands.
Continue reading...Developers announce first registered soil carbon project in South Africa
Euro Markets: Midday Update
New 300MWh battery in South Australia applies for generation licence
Generation licence sought for the first battery in a planned major renewable and storage hub in South Australia.
The post New 300MWh battery in South Australia applies for generation licence appeared first on RenewEconomy.
South Korea formalises Paris partnerships with Vietnam, Uzbekistan, contracts new projects
IDB, Banco do Brasil announce $250-mln bioeconomy financing programme
Indian carbon developer sees share value drop after posting quarterly losses
Japan, Malaysia eye 2028 start for CCS partnership
Traders hoard ACCUs as secondary market activity surges, regulator report shows
Labour to stand firm on net zero policies and attack cost of Tory retreat
Party will argue green growth is route to lower bills and says Rishi Sunak will leave UK stuck in economic ‘doom loop’
Labour will “double down” on making the case that tackling the cost of living crisis and the climate crisis can only be done in tandem, despite an intensifying Conservative attack on net zero policies, the Guardian has learned.
Labour will argue that seeking green growth is the way to bring down household bills and secure the future of the UK economy.
Continue reading...Australia Market Roundup: Soil carbon project generates nearly 100,000 ACCUs
Petrostate windfall tax would help poor countries in climate crisis, says Brown
Former British PM calls for 3% levy on oil and gas export revenues of biggest producers to generate $25bn a year for global south
Petrostates should pay a small percentage of their soaring oil and gas revenues to help poor countries cope with the climate crisis, the former UK prime minister Gordon Brown has urged.
Countries with large oil and gas deposits have enjoyed a record bonanza in the last two years, amounting to about $4tn (£3.3tn) last year for the industry globally. Levying a 3% windfall tax on the oil and gas export revenues of the biggest-producing countries would yield about $25bn a year.
Continue reading...How do we raise trillions of dollars to fight the climate crisis? The answer is staring us in the face | Gordon Brown
Petrostates like Saudi Arabia and Norway have made staggering oil and gas profits. A simple levy could funnel money to the countries that need it
After a summer of ever-more deadly floods, droughts and firestorms, two autumn summits – the G20 and the UN general assembly – have come and gone. Both failed to deliver the long-promised global plan to finance climate mitigation and adaptation. But as political leaders issue toothless and easily forgettable communiques, a potential breakthrough is staring the world in the face. It could finally end the cycle of broken promises to the global south and rescue the next summit, Cop28 in November and December.
Last year, the oil and gas industry across the world banked about $4tn, according to the head of the International Energy Agency. This represents one of the biggest redistributions of wealth from the world’s poor to the richest petrostates. The record energy prices that have produced these unearned gains have not only caused dramatically rising poverty and debt in the global south, but have also stymied decades of progress in extending power into homes, villages and towns that were previously without electricity.
Gordon Brown was UK prime minister from 2007 to 2010. His new book, Permacrisis: A Plan to Fix a Fractured World, co-authored with Mohammed el-Erian and Michael Spence, is out on 28 September.
Gordon Brown joins the Guardian live and online on Tuesday 26 September, 7pm–8.30pm BST. Buy tickets here
Continue reading...Richest oil states should pay climate tax, says Gordon Brown
Redflow lands biggest project for flow battery technology, with stack of US funding
Redflow now has three projects in the US, but its partnership with Faraday Microgrids is delivering the biggest ones.
The post Redflow lands biggest project for flow battery technology, with stack of US funding appeared first on RenewEconomy.
Neoen gets approval for first massive battery in hydro-dominated Tasmania
Neoen's Great Lakes Battery is in a proposed renewable energy zone that hopes to host the island's first utility-scale solar.
The post Neoen gets approval for first massive battery in hydro-dominated Tasmania appeared first on RenewEconomy.