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A Zurich-headquartered direct air capture (DAC) company has partnered with an American financial services institution to permanently remove 40,000 tonnes of CO2 from the atmosphere, the company announced on Thursday.

Funding brought about via Article 6 of the Paris Agreement is hoped to overcome the complex policy and engineering challenges faced by Indonesia and Vietnam in decarbonising their electricity grids, experts on a panel said Thursday.

Pace of growth helps maintain renewable energy when weather conditions interfere with wind and solar

Faced with worsening climate-driven disasters and an electricity grid increasingly supplied by intermittent renewables, the US is rapidly installing huge batteries that are already starting to help prevent power blackouts.

From barely anything just a few years ago, the US is now adding utility-scale batteries at a dizzying pace, having installed more than 20 gigawatts of battery capacity to the electric grid, with 5GW of this occurring just in the first seven months of this year, according to the federal Energy Information Administration (EIA).

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An activist shareholder group said Thursday Australia’s sovereign wealth fund has over A$1 billion ($660 million) invested in three of the nation’s most polluting companies, two oil and gas and one coal. 

Development banks are funnelling billions of dollars annually into the expansion of factory farming linked to animals, capital that should instead go towards regenerative practices, according to analysis by a non-profit.

Chinese regulators have jointly released a work plan to improve the country's carbon accounting systems, requiring the central and regional governments to report emissions data on an annual basis.

A major trade group in South Korea has teamed up with a government agency to promote the development of forest-based carbon offsets in the country.

Just designating key areas will not meet 30x30 target on nature loss, study says, pointing to oil drilling in parks

Biodiversity is declining more quickly within key protected areas than outside them, according to research that scientists say is a “wake-up call” to global leaders discussing how to stop nature loss at the UN’s Cop16 talks in Colombia.

Protecting 30% of land and water for nature by 2030 was one of the key targets settled on by world leaders in a landmark 2022 agreement to save nature – and this month leaders are gathering again at a summit in the Colombian city of Cali to measure progress and negotiate new agreements to stop biodiversity loss.

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Fossil fuel exports are important to Australia. Now its neighbours are asking it to stop. Liam Moore, Lecturer in International Politics and Policy, James Cook University Licensed as Creative Commons – attribution, no derivatives.

Engie marks a "gratifying, full-circle moment" as it starts construction of its first large-scale renewables project in Victoria since it exited coal in the state.

The post “Full-circle moment:” Engie starts work on first Victorian solar farm since Hazelwood closure appeared first on RenewEconomy.

Plant enthusiast Darren Williams made the discovery in Marys Creek State Forest just west of Gympie in Queensland. The male platypus was freshly killed, probably after what would have been a fierce struggle with the ambush predator. Williams and his companion Elliot Bowerman photographed the roughly 2-metre long carpet python with its jaw firmly clasped around the platypus before quickly moving on. 'We didn’t want to disturb the snake,' Bowerman said

• ‘There is a python with a platypus in its mouth: botanist’s extreme monotreme v reptile encounter

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Wind and solar developers are being met with "outrage" in regional communities, as political uncertainty and the nuclear debate take a toll on social licence.

The post “We’re dealing with outrage:” Calls for industry to shape up as policy uncertainty dogs shift to renewables appeared first on RenewEconomy.

South Australia has gone from near zero renewables in 2007 to a planned 100 per cent renewables share just 20 years later. The head of the state's transmission company explains how.

The post From zero to 100 pct renewables in just 20 years: South Australia’s remarkable energy transition appeared first on RenewEconomy.

Financial support is hoped to help ease the burden of repeated brownouts that are continuing in outback NSW towns isolated from the national power grid.

The post Transgrid under fire as NSW unveils support package for outback town crippled by power cuts appeared first on RenewEconomy.

The World Bank’s Forest Carbon Partnership Facility (FCPF) in FY24 disbursed a record $111 million from the Carbon Fund and made multiple arrangements to integrate its jurisdictional REDD+ (J-REDD) programmes into international markets as the fund’s closure looms in 2028.

The Clean Cooking Alliance (CCA), which leads global efforts to promote clean cooking technologies, has laid off a number of its staff and lost donor funding as a result of broader financial difficulties in the voluntary carbon market, Carbon Pulse has learned.

California regulator ARB’s latest issuance of compliance-eligible offsets continues to fall below 2023 levels year-to-date (YtD), with less than 20% of the two-week distribution with direct environmental benefits (DEBs) to the state, agency data released Wednesday showed.

The thorny issue of who should manage global biodiversity funds, and how, has resurfaced at the ongoing COP16 in Colombia, with observers saying the ability of negotiators to find a compromise will have a major bearing on whether the talks will be able to move the implementation of the Global Biodiversity Framework (GBF) forward.

A coalition of leading international organisations, including the World Trade Organization (WTO), the International Monetary Fund (IMF), and the World Bank, has introduced a new framework to standardise carbon pricing metrics, aiming to improve transparency and enhance global climate action.

Tesla says a million EVs will have limited impact on the grid and will help soak up excess solar. Right now, the company is often paid to charge its EVs because of negative prices.

The post Tesla says one million EVs would barely make dent on Australian grid, and mostly soak up excess solar appeared first on RenewEconomy.