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Pacific Energy lands new $350 million debt facility as it seeks to accelerate rollout of remote and off-grid renewable energy systems.

The post Pacific Energy boosts debt facility to fund roll out of remote and off-grid renewable systems appeared first on RenewEconomy.

Neoen, Tesla and Iberdrola want a change to a rule they say stop batteries acting like batteries, and will prevent them from offering critical grid services.

The post Tesla and Neoen say big batteries are hamstrung by new rules, and that’s bad for grid security appeared first on RenewEconomy.

A global investor intends to vote against Woodside Energy’s climate strategy at its upcoming annual general meeting, in part over its reliance on carbon credits to meet the company’s Scope 1 and 2 emission reduction targets, it announced Wednesday.

Two Brazilian states expect the issuance of their first batch of carbon credits in the next week and within the next few months, and also anticipate volumes in the hundreds of millions more in the future, as both continue their efforts to develop the carbon market in their jurisdictions.

California regulator ARB issued the highest number of compliance-grade offsets thus far this year and all with direct environmental benefits (DEBs) to the state, raising year-to-date totals above 2023 levels for the first time, data published Wednesday showed.

Prime minister to unveil plans for a Future Made in Australia Act, proposing taxpayer-funded incentives to advance the manufacturing and clean energy industries.

The post Future made in Australia: Albanese’s plan for green manufacturing appeared first on RenewEconomy.

Concerns have been raised over how the EU allocates revenue from its carbon pricing mechanisms, specifically the Carbon Border Adjustment Mechanism (CBAM) and the EU Emission Trading System (ETS).

Upcoming negotiations at the fourth Intergovernmental Negotiating Committee (INC-4) meeting in Canada on a ‘global plastics treaty’ must set targets to reduce plastics production, a policy officer at Ocean Conservancy told Carbon Pulse, though the private sector favours recycling.

Commercially viable biodiversity-related investments in developing economies for climate adaptation have been identified in a guide by Standard Chartered, KPMG, and the UN Office for Disaster Risk Reduction (UNDRR).

VisitAHeatPump service allows householders to look and ask questions about low-carbon system

UK householders considering swapping their gas boiler for an electric heat pump could see how they work by visiting an early adopter in their area.

A new service aims to help would-be heat pump owners to book a visit with households that already have one installed, through a website launched by the innovation charity Nesta.

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Garnaut-led Zen Energy plans 1GW, 8 GWh pumped hydro project in old coal pit west of Sydney to soak up rooftop solar.

The post Zen plans giant 1GW pumped hydro project at former coal pit to address solar duck appeared first on RenewEconomy.

The US Department of Energy (DOE) on Wednesday announced an $18.8 million funding initiative to advance R&D for converting algae and wet waste feedstocks into biofuels and bioproducts.

A European Green Deal 2.0 is not only necessary but beneficial to addressing economic challenges persisting across the EU, according to a report published on Thursday.

A California Senate bill that imposes stricter oversight on environmental claims using carbon offsets passed committee on Tuesday, despite industry opposition.

The US may be a leader on CO2 removal technology (CDR), but greater federal support in driving demand, R&D, and demonstration and deployment is needed to fulfil national emissions reduction goals, a report published Wednesday found.

What harm can a road do? Plenty. Once built, illegal roads let loggers, miners, poachers and landgrabbers into the jungle, and the felling begins. Bill Laurance, Distinguished Research Professor and Australian Laureate, James Cook University Licensed as Creative Commons – attribution, no derivatives.

Heat is surging in the world’s oceans. Climate change and El Niño explain part of it – but not all. Alex Sen Gupta, Senior Lecturer, School of Biological, Earth and Environmental Sciences, UNSW Sydney Kathryn Smith, Postdoctoral Research Scientist, Marine Biological Association Matthew England, Scientia Professor and Deputy Director of the ARC Australian Centre for Excellence in Antarctic Science (ACEAS), UNSW Sydney Neil Holbrook, Professor, University of Tasmania Thomas Wernberg, Professor, The University of Western Australia Zhi Li, Postdoctoral researcher, Centre for Marine Science & Innovation, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.

The European Parliament on Wednesday approved the first EU-wide law aimed a cutting potent methane emissions from the energy sector, including fossil fuel imports. 

The European Parliament agreed Wednesday to postpone by two years a deadline for adopting sector-specific European Sustainability Reporting Standards (ESRS), giving companies more time to adapt to the first set of rules.

The European Parliament on Wednesday (April 10) gave the thumbs up to an EU law aimed at cutting CO2 emissions from new heavy-duty vehicles by 90% as of 2040.