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A private Ontario-based nuclear company released Wednesday what it claims to be the industry's first carbon credit methodology for nuclear power generation at COP28 in Dubai.

Traditionally unpopular carbon taxes could be achieved with regulatory compliance, IMF head tells Cop 28

Diverting the trillions of dollars by which the world subsidises fossil fuel production each year, and putting an implicit price on carbon emissions, would generate the vast amounts of cash needed to tackle the climate crisis, the head of the International Monetary Fund has said.

Governments have been put off explicitly pricing carbon by the potential unpopularity of new carbon taxes, which have become favourite targets of anti-climate politicians and parties around the world, from the US and Australia to Europe and the UK.

When you put a price on carbon, decarbonisation accelerates

Kristalina Georgieva, of the IMF

It is not so easy to identify the carbon content and then to put on an appropriate price

Kristalina Georgieva

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Politicians and conservative media commentators drumming up anti-renewables sentiment in the guise of protecting biodiversity and koala habitat is blatant hypocrisy.

The post Anti-renewables hypocrisy will not save koalas appeared first on RenewEconomy.

A solar farm in Queensland's Western Downs region will power more than a dozen retail, office and industrial sites as part of a new six-year deal.

The post Zen Energy inks deal to power supermarkets and offices with Queensland solar appeared first on RenewEconomy.

The 80,000 delegates are thinking of how best to unwind from the climate summit ‘whirlwind’ in Dubai on their only day off

From the world’s largest waterpark to an indoor ski resort in a shopping centre, Cop28 delegates will have plenty of options to choose from on their only day off at the climate summit.

After an exhausting week of negotiations, events and protests, the 80,000 delegates in the United Arab Emirates will have a chance to enjoy Dubai ahead of the final push.

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Applications for connections to the grid from new renewable and storage projects have more than doubled in the past year, and it's taking less time.

The post “Major influx:” Batteries lead charge as renewables and storage grid applications double appeared first on RenewEconomy.

Banning public funding for overseas fossil fuel projects will boost Australia’s climate leadership. But can it take the next step and do it domestically? Christian Downie, Associate Professor, Australian National University Maxfield Peterson, Postdoctoral Research Fellow, Australian National University Licensed as Creative Commons – attribution, no derivatives.

The meteoric rise of solar PV – the quiet conqueror of coal around the globe – is showing no sign of slowing down because the cost of production is sinking to record lows.

The post Solar module prices are at record lows, but they could halve again by 2040 appeared first on RenewEconomy.

Australia's government isn’t so gauche as to deny climate change out loud at a COP meeting. But it does support fossil fuel expansion completely at odds with the science.

The post The new face of old-fashioned climate change denial appeared first on RenewEconomy.

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Extreme weather and a range of economic hurdles are affecting the region's flourishing apple trade.

More than £900 billion in public and private investment could be needed to ensure the UK's energy supply achieves net zero by 2050, requiring strong commitment and collaboration from banks, investors, government, and energy companies, according to a report published on Thursday.

UK charity says government must tighten consumer protections to stop ‘rogue traders’ taking advantage

Households could be at risk of net zero “scammers” amid a surge in green home upgrades unless the government tightens consumer protections, Citizens Advice has warned.

The charity said that if the government does not tighten consumer protections to keep pace with the work required to decarbonise Britain’s homes, “rogue traders” could take advantage of households and erode trust in the UK’s climate agenda.

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An Abu Dhabi-based wealth management firm is launching a $250-million fund to invest in carbon credits.

The Canadian federal government confirmed on Wednesday that its long-awaited oil and gas emissions policy will come in the form of a cap-and-trade system, beginning in 2026.

Statkraft strikes partnership with Dutch company Aquabattery to develop a pilot test of its innovative saltwater-based flow battery designed to improve long-term storage.

The post Energy giant Statkraft to trial “revolutionary” flow battery made with saltwater appeared first on RenewEconomy.

An Ontario-based insurance company announced its partnership with a Canadian forest carbon project on Wednesday to revitalise 1,280 acres (520 ha) of degraded land in Alberta.

The European Commission has unveiled draft plans to force the EU's dirtiest factories to pay for more of their CO2 output by curbing their ETS free allocations, a move some observers say would spur significant emissions cuts but still give a free ride to some major polluters.

A Canadian province's price on carbon lowered emissions and created co-benefits in every area of its jurisdiction, but environmental improvements were greatest in the wealthiest areas, according to a study published Tuesday.

Rooftop solar output leaps by nearly a gigawatt to help establish new output records for renewables and reshape the grid.

The post Stunning leap in rooftop solar PV smashes renewable records across the grid appeared first on RenewEconomy.