Feed aggregator

The emergence of carbon border adjustment mechanisms (CBAM) has created a heightened sense of uncertainty among Chinese exporters, despite China's recent policy progress in expanding its mandatory carbon market, analysts said this week.

A Vancouver-based carbon credits project developer has completed its business combination with a ‘blank cheque’ company, securing an additional $43 million to go public on the US stock exchange.

October saw a big month-on-month jump in the retirement of credits tagged with ICVCM’s Core Carbon Principles (CCPs) high-integrity label, carbon registry data analysed by Carbon Pulse shows.

The best of this week’s wildlife photographs from around the world

Continue reading...

Undercover filming shows COP29 chief exec discussing new oil and gas projects ahead of climate summit.

Prospects of strong outcome appear dim but there is hope the talks will address pressing issue of climate finance

More than 100 heads of state and government are expected to land in Baku, the capital of Azerbaijan, over the next few days and the first thing they are likely to notice is the smell of oil. The odour hangs heavy in the air, evidence of the abundance of fossil fuels in this small country on the shores of the Caspian Sea.

Flaring from refineries lights up the night sky, and the city is dotted with diminutive “nodding donkey” oil wells raising and lowering their pistons as they draw from the earth. Even the national symbol is a gas flame, epitomised in the shape of three skyscrapers that tower over the city.

Continue reading...

One of Australia's first offshore wind projects has been given a lifeline after a court ordered a review of its rejected bid for a key licence.

The post Offshore wind project wins court appeal over rejected licence in Gippsland appeared first on RenewEconomy.

On the eve of Cop29 in Baku, António Guterres says dangers are underestimated as irreversible tipping points near

The world is still underestimating the risk of catastrophic climate breakdown and ecosystem collapse, the UN secretary general has warned in the run-up to Cop29, acknowledging that the rise in global heating is on course to soar past 1.5C (2.7F) over pre-industrial levels in the coming years.

Humanity is approaching potentially irreversible tipping points such as the collapse of the Amazon rainforest and the Greenland ice sheet as global temperatures rise, António Guterres has said, warning that governments are not making the deep cuts to greenhouse gas emissions needed to limit warming to safe levels.

Continue reading...

Now is a good time to remember that efforts to tackle the global climate crisis are much bigger than one man. Here are 10 reasons to remain hopeful.

The post 10 reasons why Donald Trump can’t derail global climate action appeared first on RenewEconomy.

Remote mine microgrid transitions from hydrocarbons off (HOFF) to hydrocarbons on (HON), demonstrating its ability to run on 100% renewables.

The post “HOFF and HON:” Gold mine passes key test, shifts to 100 pct renewables and back again appeared first on RenewEconomy.

Alinta signs early contracting deal for proposed multi-billion dollar pumped hybrid project in NSW.

The post Alinta signs early contractor deal for first multi-billion dollar pumped hydro project appeared first on RenewEconomy.

Land deal signed for long duration compressed air storage facility at Broken Hill that the government says will avoid future outages. But it still needs some rule changes to get going.

The post Land deal signed for deep storage to create Broken Hill mini grid, but network rules still stand in the way appeared first on RenewEconomy.

Efforts to tackle the climate crisis – both in Australia and globally – are much bigger than one man. Here are ten reasons to remain hopeful. Wesley Morgan, Research Associate, Institute for Climate Risk and Response, UNSW Sydney Ben Newell, Professor of Cognitive Psychology and Director of the UNSW Institute for Climate Risk and Response, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.

Donald Trump is back. Richie Merzian from the CEIG joins the podcast to discuss the likely impact on climate efforts, COP29, and the outlook in Australia as its big renewable tender is accelerated.

The post Energy Insiders Podcast: Trump is back, and the frog is still boiling appeared first on RenewEconomy.

Just six years remain to reach Canada’s target of 40-45% emissions reductions below 2005 levels, but efforts led by the federal government to reduce emissions face considerable implementation challenges, a report from the Office of the Auditor General (OAG) said Thursday.

Private jets are contributing an increasingly significant share to global carbon emissions, with emissions rising nearly 50% over the last four years, according to a new study.

The first batch of Tesla Megapacks has arrived at the site of one of Queensland’s biggest batteries yet, that is being built at a former coal generation hub south of Brisbane to store excess solar energy and help balance the local grid. The 250 MW, two-hour (500 MWh) Swanbank Battery is being developed by Queensland […]

The post Tesla Megapacks arrive as former coal site transforms into big Queensland battery appeared first on RenewEconomy.

Will Beaumont on how his company's patented modular technology is making it cheaper, easier and much sexier to install solar car park canopies – and add EV charging while you're at it.

The post Solar Insiders Podcast: Made in the clean power-generating shade appeared first on RenewEconomy.

The UK Climate Change Committee (CCC) has advised the government not to increase the emissions cap in the nation’s carbon market as it prepares to expand the scheme to include waste incineration and energy-from-waste (EfW) sectors in 2028.

Washington Carbon Allowance (WCA) prices cooled off after spiking following the defeat of a referendum to repeal the programme, while California Carbon Allowance (CCA) values rose amidst anticipation of greater regulatory clarity from ARB.