Feed aggregator

Fortescue Energy boss Mark Hutchinson says Andrew Forrest is "betting his net work" on the success of the company's planned green hydrogen mega projects.

The post Fortescue energy boss says Forrest “betting his net worth” on mega green hydrogen plans appeared first on RenewEconomy.

If only we had some kind of climate trigger

Continue reading...

Health and animal welfare campaigners say the overuse of antibiotics by UK farmers should be banned.

An Australia-based fintech firm has formed a partnership with a global exchange operator to offer its carbon credit pricing data to subscribers on its platform, the companies announced Thursday.

A campaign to encourage businesses and financial institutions worldwide to submit nature-related strategies has been announced by Business for Nature.

A successful energy transition depends on managing when people use power. So how do we make demand more flexible?

The post Managing when people use power: How do we make demand more flexible? appeared first on RenewEconomy.

Fortescue turns back to Plug Power for key electrolyser supply deal, and plans to sign it up for a number of global green hydrogen projects.

The post Fortescue turns back to Plug Power for another major green hydrogen electrolyser deal appeared first on RenewEconomy.

Madeleine King concedes the fossil fuel’s emissions are ‘significant’. To be exact, they account for a whopping 21% of Australia’s total

• Get our morning and afternoon news emails, free app or daily news podcast

Sitting on a giant pile of fossil fuels in a year set to go down as the hottest on record – pockmarked by one flame-grilled disaster after another – requires some careful and creative public positioning.

One must be careful not to completely ignore the climate crisis while trying to navigate a path that continues to justify drilling and burning Australia’s fossil fuel du jour – gas.

Continue reading...

Anyone wondering about the economic impact offshore wind will have on Australian coastal communities should start by looking at my home town.

The post Offshore wind will power hundreds of future proof jobs – just ask Grimsby appeared first on RenewEconomy.

California increased the issuance of compliance offsets over the last two weeks as credits tagged with direct environmental benefits to the state (DEBs) also rose, as more entities retired units for voluntary purposes in recent months, according to data published by the state regulator ARB on Wednesday.

Is there value that justifies interconnection? AEMO and network asset owners insist there is, but they have so far failed to support the claim.

The post Is there a case for building new grid interconnectors? AEMO’s own data suggests not appeared first on RenewEconomy.

The energy transition “has not truly started” and is almost certain to result in overshooting the Paris Agreement’s temperature limits, while a suite of geopolitical, technological, and policy forces set the stage for non-fossil energy sources to contribute half of the world’s energy mix in 2050, a new report said Wednesday.

A collection of Canadian financial and food firms on Tuesday launched a new alliance to slash emissions from the country’s agri-food sector by 2050, with the group hoping that helping improve soil carbon measurement and reporting will help achieve the goal.

Rather than paying ageing power stations to stay open in the transition to renewable energy, demand flexibility is cheaper and cleaner way to ensure the system has enough capacity. Chris Briggs, Research Director, Institute for Sustainable Futures, University of Technology Sydney Licensed as Creative Commons – attribution, no derivatives.

A San Francisco-based voluntary carbon market sales company on Wednesday announced it has secured $2.25 mln in pre-seed funding for its plan to offer a diverse portfolio of credits in alignment with academic guidance.

The World Trade Organisation has reiterated it is working on a global carbon pricing framework to avoid a patchwork of different mechanisms popping up around the world, a representative told the Carbon Forward conference on Wednesday.

The UK will focus on bringing certainty and simplicity to Article 6 international emissions trade at COP28 UN negotiations, officials said on Wednesday, while reaffirming that the country does not intend to use international credits to meet its 2030 nationally determined contribution (NDC).

Pakistan is working to build a framework for how it will approach Article 6 international emissions trade and is in talks with several parties around bilateral agreements, according to a government official, while also working on sectoral targets as part of its nationally determined contributions (NDCs).

Tiny island in Bristol Channel has 25,000 Manx shearwaters – 95% of England’s breeding population – and 1,335 puffins

There are more seabirds nesting on the island of Lundy than at any time since the 1930s, conservationists have revealed.

The tiny island in the Bristol Channel, a globally famed location for Britain’s seabirds, is now home to 25,000 Manx shearwaters – 95% of England’s breeding population – as well as 1,335 puffins and more than 150 pairs of storm petrels, a species that only arrived on the island in 2014.

Continue reading...

Corporates in some of the hardest to abate and polluting industrial sectors will make money from carbon markets in the next few years by deploying hedging strategies or receiving free allowances, amid the hodge podge of trading schemes around the world, an analyst told the Carbon Forward conference Wednesday.