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UK banks have invested more than £1 billion in companies tied to deforestation risks worldwide since COP26, defying the country’s 2021 Glasgow climate commitments, according to analysis released on Wednesday.

IEA says rapid deployment of low cost wind and solar the key if world is to navigate narrow path to 1.5°C climate target.

The post Solar and batteries steal the show, but world needs more renewables quickly to meet 1.5°C target appeared first on RenewEconomy.

Federal energy minister says Coalition's plan to add even existing gas plants to the Capacity Investment Scheme has "gaping holes" and questions to answer.

The post “Making it up as he goes:” Bowen slams O’Brien’s plan to put existing gas into capacity scheme appeared first on RenewEconomy.

WA approves new four hour 100 MW Wellesley battery in industrial zone.

The post Another four hour battery project gets development approval in W.A. appeared first on RenewEconomy.

There’s a good chance the objects on Coogee beach are not, as some have suggested, tar balls. But in any case, they pose a potential risk and authorities are right to close the beach. Sharon Hook, Principal Research Scientist, CSIRO Licensed as Creative Commons – attribution, no derivatives.

Australia's biggest utility - without a trace of irony - says renewables not being built fast enough to replace ageing and "unreliable" coal fleet.

The post “Renewables not coming online fast enough,” says utility that didn’t build any while courting state coal deal appeared first on RenewEconomy.

By tapping into observations of Bryde’s whale shared on social media, we found evidence of feeding and “surfing” behaviours possibly never documented before. Vanessa Pirotta, Postdoctoral Researcher and Wildlife Scientist, Macquarie University Licensed as Creative Commons – attribution, no derivatives.

The US state’s land board unanimously adopted on Tuesday a proposed management plan for a local forest to earn revenues through the sale of carbon credits.

RGGI Allowance (RGA) prices in the secondary market briefly caught a headwind over the past week to reverse a sell-off since the market administrator released programme updates.

A major US insurance company notched a win in a Hawaii Supreme Court ruling that found a policy issued to an oil and gas company does not cover damages from greenhouse gas (GHG) emissions.

In the first two years since its implementation, the Inflation Reduction Act (IRA) is expected to add $237.5 billion to the US gross domestic product (GDP), an industry group modelled Tuesday.

A national conservation group announced on Tuesday plans to hold its first auction for nature-based carbon credits in February 2025 – the first of its kind in the US, according to their statement.

The US Environmental Protection Agency (EPA) released 2023 greenhouse gas (GHG) data Tuesday showing that direct emissions from large stationary sources were down 4% year-on-year (YoY).

A Vancouver-headquartered project developer has signed a deal to acquire a 50% equity stake in a US-based carbon sequestration project.

Europe should reward sustainable forestry practices rather than profit-seeking from logging activities, researchers have said, echoing calls from left-wing lawmakers in the European Parliament who reject a recent proposal to delay the EU's anti-deforestation regulation by one year.

Green Gravity says it has secured $9 million in new funding to develop its gravitational energy storage technology that it hopes to deploy in disused mines.

The post Australian start-up secures $9m for mine-based gravity energy storage technology appeared first on RenewEconomy.

Quebec greenhouse gas (GHG) emissions in 2023 dropped year-on-year (YoY), but still surpassed the province's ETS cap for the sixth consecutive year, according to government data released Friday.

Victoria's constitution will be altered to include Labor's signature election promise to revive the State Electricity Commission after a surprise change of heart from cross-benchers.

The post State owned utility to be protected under constitution after cross-bench changes heart appeared first on RenewEconomy.

Energy ministers agreed on Tuesday that the EU needs to ramp up efforts to tackle high energy prices, with a majority also calling for an end to Russian LNG imports that are still managing to make their way into the EU.

These remarkable fish need clean rivers to breed in. Their decline highlights the collapse of environmental regulation

The collapse in the number of wild salmon in England and Wales is deeply dismaying. These fish are widely regarded as wonders of the natural world because of their extraordinary life cycle. This takes them thousands of miles out into the North Atlantic Ocean, before they return to our rivers – swimming and leaping upstream – to spawn.

Climate change and failures of marine conservation have contributed to the decline in numbers across their entire range, which extends from Russia to Portugal. But in Britain, the poor state of rivers is another obstacle to the species’ survival. As well as a warning of the global threat to biodiversity, their dwindling numbers are a reminder of the price paid for the repeated breaking of environmental law.

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