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The energy giant will announce its strategy later after rivals also rowed back on green energy plans.

The energy giant will announce its strategy later after rivals also rowed back on green energy plans.

Sources say the oil and gas major is scrapping plans to ramp up renewable capacity 20-fold by 2030, returning instead to a focus on fossil fuels.

The post BP to abandon renewable targets, divest assets in shift back to fossil fuels appeared first on RenewEconomy.

More than a third of Latin America's soils are unhealthy, a new study has found, raising concerns over land degradation, food security, and climate resilience across the region.

Investors are keen to grow their portfolios with nature conservation investment in Canada, according to a new report which seeks to benchmark progress of the country’s nature finance market.

A US-based gas well plugging firm on Tuesday announced several new partnerships to integrate artificial intelligence (AI) and blockchain-backed technology into its project identification and carbon credit issuance processes.

A Norwegian state-run programme to advance CCS technology has for the first earmarked funding for CO2 removal projects, allocating NOK 10 million ($900,000) for 2025.

As we push toward a cleaner, greener grid, a key question is: Where should we build all these solar and wind farms?

The post The best spots for solar and wind farms, with the least need for new poles and wires appeared first on RenewEconomy.

Two wind turbine maintenance workers fell to their death on Saturday, with local police immediately blaming “equipment failure” for the tragedy.

The post Two workers fall to their death after equipment failure at wind farm appeared first on RenewEconomy.

The federal Coalition confirms it will now scrap two of the six offshore wind development zones declared by federal Labor, if elected to government.

The post Coalition broadens attack on offshore wind with pledge to scrap second declared zone appeared first on RenewEconomy.

Australia’s environment is brutal. If you don’t already know what you’re looking for, it can be easy to miss these seemingly unremarkable species. Gregory Moore, Senior Research Associate, School of Agriculture, Food and Ecosystem Sciences, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

A tech company secured more than $4 million from several investors to scale its point-source CO2 capture solution, it announced Tuesday.

So-called 'junk' carbon credits are becoming less popular among corporates, while international brands have been prioritising those of a higher integrity, Carbon Pulse analysis of retirement and rating agency data has shown.

The current lack of an India-based standard eligible to supply carbon credits for the UN's CORSIA scheme is creating a challenge for the aviation industry in the country, an official told a conference in New Delhi this week.

Efforts are underway to set a sustainable fuels target at the next UN climate summit, COP30, in Brazil this November, a conference in Brussels has heard.

Industry body launches new information blitz targeting Australians who are "susceptible to misinformation" from anti-renewable campaigns.

The post “Blaming everything on renewables:” Industry launches new campaign against disinformation appeared first on RenewEconomy.

The UK’s electric vehicle (EV) market is at a crossroads, with cost barriers, insufficient charging infrastructure, and policy concerns slowing the transition to net zero emissions, according to industry experts.

The Paris Agreement’s new international carbon market regime, combined with the development of digital monitoring technologies and rising standards, is helping to rebalance the perception of risk in the voluntary carbon market, speakers told a conference on Tuesday.

A fund from a US airline has invested in and purchased 500,000 CO2 removal (CDR) credits from a California-based direct air capture (DAC) firm.

The oil and gas industry is sticking to its promises of decarbonisation, but having to adjust its pathway as it runs into complications ranging from high costs of renewables, access to projects and grids, to the slow development of carbon capture, executives said on Tuesday.