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A law firm that took on one of Australia’s largest oil and gas companies has been ordered to pay its legal costs of over A$9 million ($5.84 mln) after it lost the case.

COP16 negotiations will resume in Feb. 2025 in Rome after UN biodiversity talks were abruptly suspended in early November in Colombia.

Industrial facilities covered under the Safeguard Mechanism should report rolling 5-year compliance strategies, the Climate Change Authority (CCA) said Thursday, as it urged all sectors, with electricity in the lead, to cut emissions faster to meet Australia’s climate targets.

The Climate Change Authority has welcomed the introduction of "substantial" policies by the Albanese government but warns more work must be done to reach emissions targets.

The post Australia is making mixed progress on emissions, and rapid cuts are needed, says CCA appeared first on RenewEconomy.

As Australia’s natural environment declines, Labor appears to cave to vested interests, writes Felicity Wade

On Thursday we were hoping to be celebrating the Australian parliament passing legislation to create a federal Environmental Protection Agency, an expert watchdog to oversee our country’s natural bounty. This was going to be a major moment for which my organisation, the Labor Environment Action Network (LEAN) and many others had worked for years. Promised on the eve of the 2022 election, it was the centre-piece of the Labor’s commitment to the environment. But late on Tuesday afternoon the legislation was moth-balled.

It is a sad and sorry tale.

Felicity Wade is national co-convener of the Labor Environment Action Network

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New tender for 6 GW for wind and solar opens, as Climate Authority calls for CIS to be expanded, for more use of local networks, faster planning approvals and more solar and battery hybrids.

The post New tender opens for another 6 GW of wind and solar as record year puts 2030 renewables target within reach appeared first on RenewEconomy.

Australia’s Clean Energy Regulator has launched the first stage of its new Unit and Certificate Registry, designed to house various unit types for the government’s climate and environmental crediting schemes.

Health care workers and medical groups are calling on the federal government to kick start what will be a marathon campaign to electrify Australia’s 700 odd public hospitals.

The post SwitchedOn Podcast: Health workers call for electrification of all public hospitals appeared first on RenewEconomy.

Get set for a hotter and wetter summer this season in Australia. The long-range forecast from the Bureau of Meteorology today points to above average rainfall, especially in December, and warmth. Andrew King, Senior Lecturer in Climate Science, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

New LNP government commits $1.4 billion to the upkeep of state's ageing coal fleet, and says power company executives will lose their bonuses if the generators are not reliable.

The post Coalkeeper, Queensland style: LNP commits $1.4 bn, sets utility KPIs, to keep coal generators on line appeared first on RenewEconomy.

Colorado has opened an online carbon credit trading system as the state takes a step closer to launching its market.

The US-based coal miner has just paid over $A5 billion dollars to acquire some of the biggest greenhouse gas emitting coal mines in Australia.

The post Peabody just made the biggest climate acquisition of the year appeared first on RenewEconomy.

Manufacturer of wind farm anchor cages wants governments to "get out of the way" and allow more renewables to be built to prevent more price crunches and shutdowns.

The post “Get out of the way:” Manufacturer wants more renewables to soften price crunch and avoid shutdowns appeared first on RenewEconomy.

Nearly 80% of California regulator ARB’s latest issuance of compliance-eligible offsets were marked with direct environmental benefits (DEBs) to the state, as volumes picked up week-on-week, agency data released Wednesday showed.

Every household with a battery and solar will essentially just be using the grid as the last resort. If every property with solar had a battery, the wires and poles network revenue model would collapse.

The post The problem with networks: Where to put batteries – and EV chargers – on the grid appeared first on RenewEconomy.

Maine on Tuesday joined a growing wave of US states suing major oil companies with claims that the firms exacerbated climate change and misled consumers with greenwashing campaigns.

The net credit surplus in Washington’s Clean Fuel Standard (WCFS) neared 1.5 million in Q2 2024 as the programme recorded the second-highest number of credits generated in a quarter since its launch, state data showed.

The Q4 California-Quebec current vintage carbon auction settled at nearly a $2 discount to secondary market prices and in line with a large cross-section of trader expectations, even as California Carbon Allowance (CCA) futures bounced quickly from the weak result.

An Australian global bank expect clarity from outstanding policy elements in delayed WCI rulemaking into the first quarter next year to potentially help reprice California Carbon Allowances (CCA) above $40.

Recent expansions of programmes at the US Department of Energy (DOE) pose “tremendous risk” to taxpayers as the agency needs to appropriate a large amount of money under tight deadlines, a report from the DOE Inspector General said.