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Queensland government awards three major funding packages to state-based companies for works on the huge Borumba Pumped Hydro Project.

The post Queensland tips $190m into works for massive pumped hydro project appeared first on RenewEconomy.

Pennsylvania's Republican-majority Senate voted along party lines Tuesday to repeal the state's RGGI regulation, and the proposal will now be sent to the Democrat-controlled House of Representatives.

A Canadian company will invest almost $1.4 billion into a US Gulf Coast renewable biofuels production facility, which will include capacity for carbon capture and sequestration (CCS) and ability to generate voluntary carbon offsets, it announced Tuesday.

Despite facing a catastrophic combination of challenges, there is optimism in the African country.

Exclusive: analysis finds $800bn increase in direct support for activities including deforestation and fossil fuel use

The world is spending at least $2.6tn (£2tn) a year on subsidies that drive global heating and destroy nature, according to new analysis.

Governments continue to provide billions of dollars in tax breaks, subsidies and other spending that directly work against the goals of the 2015 Paris climate agreement and the 2022 Kunming-Montreal agreement to halt biodiversity loss, the research from the organisation Earth Track found, with countries providing direct support for deforestation, water pollution and fossil fuel consumption.

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Thinktank says funding from oil and gas firms is attempt to ‘divert attention from their role in fuelling the climate crisis’

Fossil fuel companies pumped at least $5.6bn (£4.2bn) of sponsorship money into motorsports, football, golf and even snow sports in an effort to “buy social licence to operate”, according to a new report.

Almost no major spectator sport remains untouched by oil and gas money, according to research carried out by the New Weather Institute (NWI), a climate thinktank, which traced more than 200 sponsorship deals between sports teams and the industry.

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The number of corporates measuring their emissions is stagnating globally, while those setting comprehensive emissions targets is backsliding, shows a survey published on Wednesday.

Kenya has partnered with an international energy analytics firm to establish a REDD+ carbon registry.

EU climate policy, particularly the Emissions Trading System (ETS), has not yet triggered significant relocations of energy-intensive production abroad by German firms, according to a new report by the country’s monetary authority.

Ecuador’s National Assembly voted 117-20 on Tuesday to legalise carbon markets, some 16 years after constitutional reforms had widely been interpreted as a total ban, sending the legislation to the president for final approval.

One of Latin America’s largest alternative asset managers is launching its first reforestation fund with the aim of raising $100 million to restore degraded land in Brazil through native forest planting and sustainable agriculture.

California regulator ARB will release a second 15-day notice regarding proposed changes to the state’s Low Carbon Fuel Standard (LCFS), an agency official confirmed at a conference Tuesday.

A Japanese oil and gas firm has invested in a North Carolina-based to support its direct air capture (DAC) technology and help it move from pilot to commercial development.

Former employee David Lochridge tells a public hearing the whole idea of OceanGate was to "make money".

The CEO of an Ohio-based steel producer said his company is considering whether to advance a low-carbon steel project that involves a $500 million grant from the US Department of Energy (DOE), although the firm has since reiterated its commitment to the project.

Pairing First Nations lore with genetic analysis lets us retrace how important food trees were deliberately moved thousands of years ago Monica Fahey, Adjunct Fellow in molecular ecology, Macquarie University Emilie Ens, Associate Professor in cross-cultural ecology, Macquarie University Maurizio Rossetto, Principal Research Scientist, Royal Botanic Gardens and Domain Trust and Honorary Professor, The University of Queensland Oliver Costello, Director, Jagun Alliance Aboriginal Corporation, Indigenous Knowledge Patrick Cooke, Indigenous Knowledge, Macquarie University Licensed as Creative Commons – attribution, no derivatives.

The crime of genocide was adopted in 1948 following the second world war. Given the existential threats from ecological crises, it is timely to call for the recognition of ecological crime. Nathan Cooper, Associate Professor of Law, University of Waikato Leilani Tuala-Warren, Professor of Law, University of Waikato Licensed as Creative Commons – attribution, no derivatives.

Decisions over the cookstove and REDD+ methodologies that will be eligible for the high-integrity Core Carbon Principles (CCPs) label will be made at the start of November, the Integrity Council for the Voluntary Carbon Market (ICVCM) confirmed on Tuesday.

Commission President Ursula von der Leyen's choice of portfolios for the EU's new executive team in Brussels makes one thing abundantly clear: climate policy will be everybody's business in the next five years.

A London-headquartered insurance firm has launched a new product, first rolled out with a bank, that will cover commercial loans to voluntary carbon projects, it announced Tuesday.