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A US-based direct air capture (DAC) firm has raised $26 million to complete the development of its flagship system and deploy it at a desert test site, the company announced this month.

BeZero Carbon has published a “new blueprint” for governments designing scalable carbon markets, including a future where its fledgling industry becomes regulated to maintain independence and integrity in assessing credits.

People are forgetting the urgent need to conserve nature, focusing instead on 'sexier' technological endeavours such as artificial intelligence, robotics, free and abundant energy, and space travel, according to the head of financier for nature-based carbon projects, which is planning to work on 40 or more new activities this year.

Taiwan on Thursday proposed to reduce its emissions by up to 40% by 2035 as its latest Nationally Determined Contribution (NDC).

One of South Korea's largest securities companies is gearing up for expansion in carbon markets both at home and abroad, with a potentially growing international offset project pipeline, a company official told Carbon Pulse.

But climate change and energy minister says government will not announce its 2035 emissions target before election

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Australia’s climate change and energy minister, Chris Bowen, is “not giving up” on the Paris climate agreement despite the US president, Donald Trump, moving to pull the world’s second-largest polluter out of the global accord.

Bowen made the comments as the opposition leader, Peter Dutton, all but ruled out withdrawing from Paris if he won the federal election in 2025, suggesting such a move would damage trading relationships and cost jobs.

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Indonesia signed a Memorandum of Understanding (MoU) with ExxonMobil this week to progress carbon capture and storage (CCS) work in tandem with a $10-billion petrochemical plant.

Last year saw some 18.78 million Australian Carbon Credit Units (ACCUs) issued to projects, a record high, but short of the 20 mln initially expected by the Clean Energy Regulator (CER), highlighting longer-term supply concerns.

A sharp rise in the EU's carbon price combined with a Carbon Border Adjustment Mechanism (CBAM) could significantly reduce emissions but also carries economic trade-offs, a new central bank study has found.

New research reveals more than 60% of Australia’s remaining coal power fleet is more than 40 years old, with rapidly diminishing reliability driving outage risks.

The post Old king coal risks leaving Australia “in the dark” as aging power plants grow unreliable appeared first on RenewEconomy.

A temporary energy market rule change will allow two mothballed diesel generators to be used as emergency back-up power sources in the remaining summer months.

The post AEMC answers state’s call to use mothballed diesel plants for emergency summer back-up appeared first on RenewEconomy.

Frontier's nuclear modelling poses a valuable question about the pace of decarbonisation and what we are prepared to pay for it. Much of the answer, though, can be found in what the analysis left out.

The post The devil of Frontier’s nuclear modelling is not in the detail, it’s in the omissions appeared first on RenewEconomy.

With the US out of the tent, the rest of the world can get on with climate action without Trump’s corrosive influence. Rebekkah Markey-Towler, PhD Candidate, Melbourne Law School, and Research fellow, Melbourne Climate Futures, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

Compliance entities covered under the Safeguard Mechanism were the subject of focus behind the Clean Energy Finance Corporation’s (CEFC) decision to back environmental plantings projects, its head of natural capital told Carbon Pulse.

Australia's biggest coal state continues to reach new solar heights, but a different sort of generation record shows its ongoing dependence on aging, increasingly unreliable fossil plants.

The post New records for solar and coal underscore urgent energy challenge facing NSW appeared first on RenewEconomy.

The White House issued further guidance on executive actions from the new US administration, which halted the disbursement of funds appropriated under the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act, among other policies affecting the direction of environmental policy.

More than twice the size of greater London, the expanse of ice is unpredictable and dangerous.

Prime Minister Justin Trudeau’s exit has raised the stakes for Canada’s carbon policy, leaving market experts questioning what’s ahead after the country’s impending election.

An Alberta-based agricultural technology firm is seeking investors to pump up to C$1.5 million (US$1 mln) of capital into scaling its hemp-based carbon credits programme.

Transgrid has selected the supplier of more key components of its massive HumeLink project, the 500kV transmission line being rolled out in New South Wales.

The post Transgrid locks in supplier of high-voltage transmission kit for HumeLink project appeared first on RenewEconomy.