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The troubled Callide C coal generator plant has suffered another major incident – described as an “explosion” or a “blast” – that will take one 420 megawatt (MW) unit offline for at least two months, just as the new state LNP government announces a potentially costly life extension to its neighbouring facilities. The Callide C4 […]

The post Troubled coal plant offline for two months following “blast” days before LNP reveals life extension appeared first on RenewEconomy.

Ten community batteries to be installed at University as part of federal funding program.

The post University to host ten community batteries to soak up excess solar and be part of virtual power plant appeared first on RenewEconomy.

Senior figures from the US fossil fuel industry and environmental advocacy organisations called for stronger support of policies for decarbonisation, including reducing methane emissions and the protection of key climate incentives, including the Inflation Reduction Act (IRA) tax credits for carbon capture, utilisation, and storage (CCUS) projects.

The National Assembly of Quebec on Wednesday reaffirmed its support for the province’s cap-and-trade programme in the wake of a broader pushback on climate policies in Canada, and a threat from the US government to terminate the ETS of WCI partner California, with allowance prices in the secondary market staging a recovery from overnight collapse.

Federal Labor's battery rebate would include an important tweak to SRES to ensure there is "zero chance" it will put upward pressure on electricity prices.

The post Bowen says design of battery scheme leaves “zero chance” it will increase electricity prices appeared first on RenewEconomy.

US tariffs are expected to put foreign EV manufacturers in a pinch, as more than a third of battery powered automobiles are imported from outside the country, according to a report.

The Article 6.4 Supervisory Body (SBM) is making strong progress on the Paris Agreement Crediting Mechanism (PACM), with the first credits from a transitioning activity on course to reach the market as early as July this year, a UNFCCC official told a webinar on Wednesday.

The German government coalition deal, unveiled on Wednesday, shows support for the EU’s mooted 90% greenhouse gas reduction target for 2040, allowing a limited amount of 3% for international credits delivered under Article 6 of the Paris Agreement to meet the objective.

There has been a resurgence in climate disinformation and misinformation in the EU, with the Emissions Trading System (ETS) emerging as a primary target for coordinated campaigns — likely driven by Russia, according to NGOs.

The new head of the Science Based Target initiative (SBTi) has underlined the standard setter has "moved on" from the challenging carbon credit discussions within the organisation last year, and will take a "pragmatic approach" moving forward.

Nature’s ability to protect from floods is now seen as the most financially important benefit provided for businesses, an investment bank has said.

Egyptian Financial Regulatory Authority (FRA) Chair Mohamed Farid will be able to name more personnel to the country’s voluntary carbon market (VCM) oversight body, according to a decision issued Tuesday by the FRA’s Board of Directors.

The EU has provisionally agreed on proposals to regulate microplastic pollution that are expected to reduce plastic pellet losses by up to 74% in a bid to preserve biodiversity.

Members of the European Parliament's environment and economic affairs committees raised numerous questions during a hearing Tuesday on the EU's sustainable finance taxonomy, highlighting the risk of greenwashing in the reporting simplifications proposed by the European Commission.

A New York-based carbon management platform announced Wednesday that it has hired a former US DOE official to serve as its head of policy.

Metuktire, in the Indigenous Capoto-Jarina territory in Brazil’s Amazon rainforest, is a pocket of resistance against mining, which has devastated the landscape in nearby areas. The AFP photographer Pablo Porciúncula travelled deep into Mato Grosso state to see how it has staved off deforestation and continued to honour its traditional ways of life – while also facing the threats of miners and the climate crisis

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Debate on the EU’s Emissions Trading Scheme for road transport and heating fuels (ETS2) is picking up in the Council of EU member states, where at least 10 countries have called for stronger safeguards against rising prices, according to the Polish presidency.

Nepal has released a draft version of its third Nationally Determined Contribution (NDC), outlining a set of climate targets that up ambition levels as the country pursues net zero greenhouse gas emissions five years earlier by 2045.

Landmark DC-coupled solar and battery project in Victoria's Gippsland region reaches financial close and begins construction.

The post Landmark solar and battery project reaches financial close and begins construction in Gippsland appeared first on RenewEconomy.

Illegal gold mining led to the destruction of 4,219 hectares of forest across four Indigenous territories in the Amazon region over 2023-24, according to a report by Greenpeace.