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Indonesia signed a Memorandum of Understanding (MoU) with ExxonMobil this week to progress carbon capture and storage (CCS) work in tandem with a $10-billion petrochemical plant.

Last year saw some 18.78 million Australian Carbon Credit Units (ACCUs) issued to projects, a record high, but short of the 20 mln initially expected by the Clean Energy Regulator (CER), highlighting longer-term supply concerns.

A sharp rise in the EU's carbon price combined with a Carbon Border Adjustment Mechanism (CBAM) could significantly reduce emissions but also carries economic trade-offs, a new central bank study has found.

New research reveals more than 60% of Australia’s remaining coal power fleet is more than 40 years old, with rapidly diminishing reliability driving outage risks.

The post Old king coal risks leaving Australia “in the dark” as aging power plants grow unreliable appeared first on RenewEconomy.

A temporary energy market rule change will allow two mothballed diesel generators to be used as emergency back-up power sources in the remaining summer months.

The post AEMC answers state’s call to use mothballed diesel plants for emergency summer back-up appeared first on RenewEconomy.

Frontier's nuclear modelling poses a valuable question about the pace of decarbonisation and what we are prepared to pay for it. Much of the answer, though, can be found in what the analysis left out.

The post The devil of Frontier’s nuclear modelling is not in the detail, it’s in the omissions appeared first on RenewEconomy.

With the US out of the tent, the rest of the world can get on with climate action without Trump’s corrosive influence. Rebekkah Markey-Towler, PhD Candidate, Melbourne Law School, and Research fellow, Melbourne Climate Futures, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

Compliance entities covered under the Safeguard Mechanism were the subject of focus behind the Clean Energy Finance Corporation’s (CEFC) decision to back environmental plantings projects, its head of natural capital told Carbon Pulse.

Australia's biggest coal state continues to reach new solar heights, but a different sort of generation record shows its ongoing dependence on aging, increasingly unreliable fossil plants.

The post New records for solar and coal underscore urgent energy challenge facing NSW appeared first on RenewEconomy.

The White House issued further guidance on executive actions from the new US administration, which halted the disbursement of funds appropriated under the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act, among other policies affecting the direction of environmental policy.

Prime Minister Justin Trudeau’s exit has raised the stakes for Canada’s carbon policy, leaving market experts questioning what’s ahead after the country’s impending election.

An Alberta-based agricultural technology firm is seeking investors to pump up to C$1.5 million (US$1 mln) of capital into scaling its hemp-based carbon credits programme.

Transgrid has selected the supplier of more key components of its massive HumeLink project, the 500kV transmission line being rolled out in New South Wales.

The post Transgrid locks in supplier of high-voltage transmission kit for HumeLink project appeared first on RenewEconomy.

As Trump pulls the US out of the clean energy race, the Australian government moves to top up its green bank and unlock billions of private investment.

The post Federal green bank gets $2 billion top-up to seize “big opportunities” appeared first on RenewEconomy.

More than 30.8 million hectares burned in Brazil last year, a 79% increase year-on-year (YoY) and the largest such figure since 2019, with most of this fire damage taking place in the Amazon biome, a monitor group said Wednesday.

Wind and solar have respectively overtaken gas and coal power generation in the EU last year, as total electricity generation from fossil fuels fell to a historic low, according to fresh data published on Thursday by think-tank Ember.

Attorneys General (AGs) from five Republican states were joined by two oil and gas groups in a challenge to the offshore drilling ban imposed by former US President Joe Biden’s office days before it was reversed by the administration of newly inaugurated President Donald Trump.

A Singapore-based carbon credit ratings company has introduced a new platform that allows traders to evaluate the registries and crediting programmes within the voluntary carbon market (VCM).

European steel and cement manufacturers have come out in support of the EU’s Carbon Border Adjustment Mechanism (CBAM), fending off calls from conservative parties to suspend the law.

A trio of European carbon market experts have left their long-time roles in the past two months, Carbon Pulse has learned.