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One state has found the solution to replace the coal fired generators that are about to close: Build more and bigger batteries.

The post Neoen’s Collie battery to be Australia’s biggest after winning new contract to flatten solar duck appeared first on RenewEconomy.

A committee within the California Assembly unanimously approved last week a bill to assess and advance the use of ocean CO2 removal (CDR), including by qualifying approved projects for inclusion in the state's carbon credit programmes.

Levy on oil and gas majors in richest countries would help worst-affected nations tackle climate crisis, says report

A new tax on fossil fuel companies based in the world’s richest countries could raise hundreds of billions of dollars to help the most vulnerable nations cope with the escalating climate crisis, according to a report.

The Climate Damages Tax report, published on Monday, calculates that an additional tax on fossil fuel majors based in the wealthiest Organisation for Economic Co-operation and Development (OECD) countries could raise $720bn (£580bn) by the end of the decade.

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The pipeline of green steel projects has slowed in recent months in Europe, according to new data released in the green steel tracker produced by the Leadership Group for Industry Transition (LeadIT).

In Australia, the taxpayer has footed the bill for the forever chemical clean-up so far. But this will have to change. Sarah Wilson, PhD Candidate in Quantum Technology & Innovation Governance, Institue for Sustainable Futures, University of Technology Sydney Rachael Wakefield-Rann, Senior Research Consultant, Institute for Sustainable Futures, University of Technology Sydney Licensed as Creative Commons – attribution, no derivatives.

The transition away from coal will be messy, but Australians will not forgive political leaders if they muck up the post-coal era.

The post Keeping the lights on: Coal closures will be messy, but planning for post coal grid needs to start now appeared first on RenewEconomy.

The owners of the biggest solar farm in South Australia have bought a neighbouring site that could host a giant battery.

The post Site for huge battery sold to owners of South Australia’s largest solar farm appeared first on RenewEconomy.

Renewables account for 56 per cent of Germany electricity use in first quarter of 2024.

The post Renewables cover 56 pct of Germany electricity use in March quarter appeared first on RenewEconomy.

The joint WCI carbon market’s generous allowance budgets are likely to be ineffective in reaching the jurisdictions’ CO2 reduction targets for 2030, academic researchers warn, instead recommending large cap adjustments or widened scopes while likening the cap-and-trade system to an overly complicated carbon tax.

Rimba Raya is struggling to keep afloat after the concession holder of the popular Indonesian REDD+ project drastically cut staff numbers and warned there could be a sharp drop in voluntary carbon credit issuance, possibly impacting historical supplies, after it adopts Verra’s new consolidated methodology for avoided deforestation.

A wildfire-fuelled ozone hole leaves Antarctic wildlife exposed to potentially damaging levels of UV.

Speculators continued to de-risk across North American carbon markets, while WCI compliance entities built vintage 2025 holdings this week, according to data from the US Commodity Futures Trading Commissions (CFTC) released Friday.

A Florida-headquartered paint producer this week unveiled a subsidiary with plans to build a facility in Arizona that will use captured CO2 to manufacture concrete products.

Carbon Pulse rounds up recent developments in compliance carbon systems within the Latin America and Caribbean region, taking a look at Brazil's stabilising market for emissions reductions credits from biofuels after a year of rising prices, and summarising the carbon tax regimes that accept offsets.

US energy-related CO2 emissions decreased slightly year-on-year in 2023, largely due to reduced coal-fired electricity generation as natural gas and solar power generation increased, according to federal data.

A major Canadian global asset manager announced on Friday the second close of its forest fund, investing in sustainably managed forests where carbon sequestration is prioritised over timber production.

Two Texas-based soil management companies are collaborating with the state’s property owners association to engage landowners in nature-based carbon capture initiatives and credit generation.

Two-year-old calf one step closer to reuniting with family group after tragic accident that left her stranded in remote lagoon

An orca calf, trapped for weeks in a remote lagoon in western Canada, has freed herself and is travelling towards open waters, hailed as “incredible news” by a growing body of human supporters.

The move puts her one step closer to reuniting with her family one month after a tragic accident left her stranded.

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Panel of nearly 100 countries to draw up guidelines for industries that mine raw materials used in low-carbon technology

A UN-led panel of nearly 100 countries is to draw up new guidelines to prevent some of the environmental damage and human rights abuses associated with mining for “critical minerals”.

Mining for some of the key raw materials used in low-carbon technology, such as solar panels and electric vehicles, has been associated with human rights abuses, child labour and violence, as well as grave environmental damage.

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The UK's Financial Conduct Authority (FCA) has published guidance aimed at helping financial firms comply with a forthcoming anti-greenwashing rule aimed at building trust in sustainable investments, including to help companies decarbonise.