Feed aggregator

IEA says firms are announcing more projects but waiting for government support before investing

The global push for clean hydrogen is being held back by rising costs and “lagging” policy support from governments, a report has found.

Announcements of low-emission hydrogen projects are rapidly expanding but developers are waiting for government support before investing in them, according to the International Energy Agency (IEA). The report found hydrogen made through processes that are clean or less polluting account for less than 1% of the gas’s total production and use.

Continue reading...

CleanCo is looking for another 400 megawatts (MW) of storage and energy generation technologies for the former coal power plant site at Swanbank.

The post CleanCo seeks 400MW of “innovative” storage and generation at Swanbank appeared first on RenewEconomy.

Gas will remain an important part of Indonesia’s energy mix as it moves to a lower emissions economy and the nation is actively looking to expand gas infrastructure, a minister said Friday. 

The second of 22 shipments has arrived in Geelong with the first delivery of turbine blades for the 1.3GW Golden Plains wind farm.

The post Enormous Golden Plains wind turbine blades land in Geelong appeared first on RenewEconomy.

A handful of dust from an asteroid streaming through space could tell Nasa how life on Earth began.

Katherine Woodthorpe, from the Australian Academy of Technological Sciences and Engineering, on why Australia should fast-track its net zero ambitions. Plus: The nuclear debate and renewable records.

The post Energy Insiders Podcast: Net Zero by 2035 appeared first on RenewEconomy.

Australian Academy of Technological Sciences and Engineering joins calls for government to be more ambitious with its energy targets – net zero by 2035.

The post “Move faster:” Engineers join call to fast-track Australia’s net zero target to 2035 appeared first on RenewEconomy.

It’s time to act on decarbonisation as quickly as humanly possible. Here's how.

The post Net zero by 2050? Too late. Australia must aim for 2035 appeared first on RenewEconomy.

Gas infrastructure company Australian Pipeline Association (APA) Group has joined a growing list of companies signalling their reliance on Australian Carbon Credit Units (ACCUs) to meet their emission liabilities under the reformed Safeguard Mechanism.

Global efforts to cut emissions fall well short of what’s needed to avoid dangerous warming. It’s becoming essential to develop carbon-removal strategies to get to net zero. Christian Turney, Pro Vice-Chancellor of Research, University of Technology Sydney Lennart Bach, Associate Professor, Institute for Marine and Antarctic Studies, University of Tasmania Philip Boyd, Professor of Marine Science, Institute for Marine and Antarctic Studies, University of Tasmania Licensed as Creative Commons – attribution, no derivatives.

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

Any potential mandate for corresponding adjustments in the voluntary carbon market will depress activity in the space, though alterations to host country emissions inventories can still be useful in some instances, a conference heard Thursday.

California Carbon Allowance (CCA) prices reached a new record high following the announcement of state regulator ARB’s upcoming cap-and-trade rulemaking workshop, though were unable to sustain this gain, while Washington Carbon Allowances (WCA) moved downward amid continued hesitancy to participate in the market.

California gasoline sales in June nearly equalled year-ago levels as diesel consumption fell, continuing the trend of the state’s cap-and-trade covered transportation sector GHG output trailing historic levels through the first half of 2023, according to state data published Wednesday.

Negative media coverage continued to dominate discussions during a carbon conference in New York held this week, as stakeholders in the voluntary market reacted to fresh reports from a newspaper that has persistently criticised corporate credit use, with fears of reputational risk threatening to further depress buying activity.

A company founded by two forest carbon veterans has closed $11.5 million in funding from a Singapore-based investor to help develop projects in Southeast Asia.

California on Wednesday announced an international climate initiative targeting methane reduction and mitigation, as seven signatories from six countries participated in the launch event at New York Climate Week.

A US-based climate tech firm secured additional funds from an e-commerce company to implement nature-based carbon projects in Latin America, the companies announced Thursday.

Improved forest management (IFM) projects under California's compliance offset programme may not reduce emissions as claimed, researchers said Thursday in findings that add to a growing chorus of academic literature, though state regulator ARB pointed to potential biases in the new study. 

Soil carbon projects could prove a cheaper alternative to direct air capture (DAC) technology for CO2 removal buyers, according to developers in the space, who say testing of ground storage is making older sequestration methods more reliable.