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Spanish energy giant says it received "strong interest" in green bonds issued to help underwrite the expansion of its renewables portfolio in Australia.

The post Iberdrola raises $750m in green bond to drive Australia renewables and green hydrogen appeared first on RenewEconomy.

Melbourne-based shared solar pioneer secures $3.8m to drive local manufacturing of its SolShare technology, which helps unlock solar for apartment residents.

The post Shared solar trailblazer wins federal funding to scale up manufacturing on home soil appeared first on RenewEconomy.

From my perspective as a 12-year-old, it’s devastating that the protest is getting such a negative reaction from the NSW government

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All year, I have been looking forward to the People’s Blockade of the Newcastle coal port. I’ve been so excited to see the colourful array of kayaks and get to swim and paddle in the harbour with my friends to make our voices heard, and let the government know that we need to do everything we can right now to stop the climate crisis.

I know that Rising Tide has been working incredibly hard to make the blockade a fun and safe experience for everyone, but it feels like instead of listening to our concern about the climate crisis, the state government is doing everything they can to try to stop our “protestival” from going ahead.

Frankie Kelly is a 12-year-old climate activist with Rising Tide from Newcastle

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The US National Oceanic and Atmospheric Administration (NOAA) on Tuesday unveiled new partnerships to advance research on using the ocean to remove and store CO2, and enhance climate change resilience in the transportation sector.

Australia and Turkey are both lobbying to host Cop31, the world's annual United Nations climate change negotiations planned for 2026. The climate change minister, Chris Bowen, said Australia wants to co-host Cop31 'in partnership with our Pacific family'. Bowen also announced a $50m contribution to loss and damage caused by the climate crisis.

• Paris agreement is working, Australian minister tells Cop29, but much deeper cuts needed by 2035

• Chris Bowen makes last-minute diplomatic stop in Turkey as Australia ramps up bid to host Cop31

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Fresh Article 6 draft negotiating texts were published late on Tuesday with the Azerbaijan COP29 presidency looking to speed through a carbon markets outcome in Baku, as parties edged closer to consensus on the thorny registries issue.

Forest offset project experts last week asked the Washington Department of Ecology (ECY) to prioritise streamlining its reforestation protocol, as it is already economically unfeasible.

A US-based startup dedicated to environmental market infrastructure on Tuesday announced the closure of its offset trading exchange amid the downturn in the voluntary carbon market.

The federal government has pushed through EPBC approval for a Victoria solar and big battery project in Victoria in just 20 days.

The post Victoria solar farm and battery project gets federal approval in just 20 days appeared first on RenewEconomy.

Zefiro Methane Corp. announced on Monday that its subsidiary Plants & Goodwin (P&G) has completed the company’s inaugural gas well remediation project in Oklahoma.

Australia's likely first offshore wind project has cut its turbine numbers as the machines get bigger, but has also raised the blade gap to the ocean floor to protect birds.

The post Australia’s leading offshore wind project slashes turbine numbers and lifts blade gap to protect sea birds appeared first on RenewEconomy.

Renewables growth from 2015-2025 is on track to cut Australia’s electricity sector emissions by nearly 40% in a decade, equivalent to emissions from all the nation’s cars, commercial vehicles and planes.

The post “Quiet revolution:” Wind and solar slash electricity emissions by 40 pct in just 10 years appeared first on RenewEconomy.

Chicago company Laconic Infrastructure Partners plans to issue $1 billion worth of securities next year on Bolivia’s forestry plans, and if the idea catches on, it could undermine the edifice building around Article 6 trade as well as the voluntary carbon market.

A Colombian carbon standard has become the first organisation to sign up to a new software tool from S&P Global, which has been designed to integrate the various carbon registries and standards in one place.

A set of protocols being designed to help US land and forest owners gain access to the voluntary carbon market won’t reach a draft form before the end of President Joe Biden’s term, putting their fate in the hands of the incoming Republican administration.

Poor country delegates say classifications that date back to 1992 are obsolete and two countries ‘should be contributing’

China and India should no longer be treated as developing countries in the same way as some of the poorest African nations are, according to a growing number of poor country delegates at the Cop29 UN climate talks.

China should take on some additional responsibility for providing financial help to the poorest and most vulnerable, several delegates told the Guardian. India should not be eligible for receiving financial help as it has no trouble attracting investment, some said.

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The plethora of biodiversity crediting standards that have emerged over the past couple of years will be narrowed down to just a few once the market takes off – whenever that may be.

Europe is falling far behind on its renewable hydrogen targets, with just 4% of announced projects under construction and production far from the 2030 goal, according to an industry report released on Tuesday.

Countries with domestic carbon pricing efforts emphasised the specific policy design mechanisms needed to minimise pass-through costs to end consumers, government officials told an event on the sidelines of COP29.

Exclusive: Leaders warn cost savings will lead to mass redundancies and that spaces could become ‘paper parks’

England’s national parks face a 12% real-terms cut to their budget which would lead to mass redundancies of wardens and the closure of visitor centres and other facilities, park leaders have warned.

The chief executives told the Guardian that soon the spaces would become “paper parks” designated by a “brown sign on the motorway” and they will have to “turn the lights off, close the doors and put up closed signs” if the cuts go ahead.

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