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The UK's growing sector for fusion energy could see over £100 million invested via a partnership between the government and private sector as the government directs £20 mln into a fusion private venture capital fund.

Action urgently needed to save the conditions under which markets – and civilisation itself – can operate, says senior Allianz figure

The climate crisis is on track to destroy capitalism, a top insurer has warned, with the vast cost of extreme weather impacts leaving the financial sector unable to operate.

The world is fast approaching temperature levels where insurers will no longer be able to offer cover for many climate risks, said Günther Thallinger, on the board of Allianz SE, one of the world’s biggest insurance companies. He said that without insurance, which is already being pulled in some places, many other financial services become unviable, from mortgages to investments.

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A UK public sector pension provider has launched a fund for investing in nature and climate markets with a target raise of £500 million ($657 mln).

Entire population of Thargomindah forced to flee homes as levee breaks and record water levels of 1974 flood eclipsed

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At first, the levee bank held firm as the flood waters came.

Locals had tirelessly constructed the dirt wall, building on areas where the last major flood had approached the south-west Queensland town.

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A CSIRO study has found 39% less plastic pollution in and around Australian coastal cities over ten years. It also found more places with no rubbish at all. Stephanie Brodie, Research Scientist in Marine Ecology, CSIRO Britta Denise Hardesty, Senior Principal Research Scientist, Environment, CSIRO Licensed as Creative Commons – attribution, no derivatives.

An Australian conservation alliance has been awarded a contract to develop a permanent protection on private land method under the government’s Nature Repair Market (NRM).

Last year was a record two decade-low for global coal-fired power plant additions, with just 44 gigawatts of new capacity and 25.2 GW retired for a net gain of 18.8 GW, or a total increase of 1%, a think tank said Thursday.

Woodside Energy CEO Meg O’Neill has acknowledged it is difficult to prove that its cargoes of its LNG are displacing coal-fired power plants in Asia, despite it being a key talking point to justify the company’s growth strategy for years.

The trade war is likely to lead to more energy-intensive goods produced in the US, and dampen international investment in renewable energy. Rakesh Gupta, Associate Professor of Accounting & Finance, Charles Darwin University Licensed as Creative Commons – attribution, no derivatives.

A leading environmental markets advocacy group has named a new director.

SEC chair says Victoria needs at least another two gigawatts of committed capacity to cover the 2028 closure of one of its last remaining coal plants.

The post Victoria needs at least another 2 GW of committed capacity before next coal closure, says state energy chief appeared first on RenewEconomy.

One of the world's biggest specialist investors in renewable energy says Trump tariffs could be good news for Australia's green energy transition.

The post Why Trump’s tariffs shock could be good for Australia’s green energy transition appeared first on RenewEconomy.

A growing number of institutional investors in Asia are integrating climate into their processes, but the speed and scale are still lagging what is needed to limit global warming to the levels that have the greatest net economic benefit to the region, according to a report published Thursday. 

California’s Low Carbon Fuel Standard (LCFS) credit values decreased heading into April amid regulatory silence while Washington’s Clean Fuel Standard (WCFS) units rose to year-to-date highs supported by progress on a legislative effort to strengthen the scheme, as recent political developments continued to weigh on North American clean fuels markets.

High network tariffs – and projections of further increases still – are making businesses uncompetitive and disincentivising the electrification Europe depends on for net zero, said electricity and industry groups on Wednesday.

Canada is positioned to be a leader in data centre development because of the country’s low-carbon energy sources, carbon capture and storage (CCS) opportunities, and regulatory frameworks, experts said on a webinar Wednesday.

Jim Chalmers says Labor will unveil its plan to support the uptake of home battery storage "in coming days."

The post Labor will announce home battery rebate in “coming days,” says federal treasurer appeared first on RenewEconomy.

As the US considers buildout of direct air capture (DAC) projects, a climate non-profit is urging developers to consider the impacts on energy and water resources.

As Australia confronts biodiversity loss, this research underscores the importance of listening to those who know Country best. Hayley Geyle, Ecologist, Charles Darwin University Cathy Robinson, Principal Research Scientist, CSIRO Christine Schlesinger, Associate Professor in Environmental Science, Charles Darwin University Helen Wilson, Lead Ranger, North Tanami Rangers, Indigenous Knowledge Licensed as Creative Commons – attribution, no derivatives.

Linking the UK and EU emissions trading systems could benefit British businesses and help with price stability in the UK ETS, said a report on Thursday.