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A Malaysian state government has signed off on allowing one of its local oil companies 1.32 million hectares (3.2 mln acres) for carbon capture and storage, local media reported Wednesday.

Global beauty product brand L’Oreal is partnering with the Great Barrier Reef Foundation (GBRF) to pioneer a methodology to calculate the value of coral reef biodiversity and support the deployment of heat-tolerant corals, the latter announced Wednesday.

South Korea has activated a temporary price floor in its domestic emission trading scheme (ETS), as the government aims to stabilise the sagging prices in the oversupplied market for the remainder of the year.

Australia could be under-reporting its coal mine methane emissions by more than 80%, according to a report released Wednesday.

Firms including Bank of America have made no commitment to cut emissions in line with target system, analysis finds

Most companies sponsoring the UN climate talks in Dubai are not committed to cutting their greenhouse gas emissions in line with globally recognised net zero targets, it has been revealed.

Only one of the more than 20 sponsors of Cop28 has signed up to UN-backed net zero science-based targets, (SBTi), according to an analysis.

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The successful candidate will play a crucial role in managing projects, assisting our clients with implementing effective practice change strategies to enhance soil health and sequester carbon in agricultural landscapes in line with Clean Energy Regulator Methodology requirements.

Exclusive: Sultan Al Jaber says progress means ‘unprecedented outcome’ is possible

An “unprecedented outcome” that would keep alive hopes of limiting global temperature rises to 1.5C is within reach, the president-designate of the UN Cop28 climate summit has said – and even Saudi Arabia is expected to come with positive commitments.

Significant progress has been made in recent weeks on key aspects of a deal at the crucial meeting that starts in Dubai this week, with countries agreeing a blueprint for a fund for the most vulnerable, and reaching an important milestone on climate finance.

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The climate crisis, invasive species, overexploitation of resources and pollution could break down crucial ecosystems. We asked experts to lay out the risks and offer some solutions

The continued destruction of nature across the planet will result in major shocks to food supplies and safe water, the disappearance of unique species and the loss of landscapes central to human culture and leisure by the middle of this century, experts have warned.

By 2050, if humanity does not follow through on commitments to tackle the five main drivers of nature loss critical natural systems could break down just as the human population is projected to peak.

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The federal government must help deliver an inclusive clean energy transition by embedding First Nations outcomes into its auction process.

The post How the Capacity Investment Scheme can build a better system for First Nations appeared first on RenewEconomy.

Australia has lots of solar, and a lot of sheep, but it has been slow to mix crops with large scale solar installations.

The post Lots of solar and lots of sheep, but Australia still too slow on agrivoltaics appeared first on RenewEconomy.

Images from mountainous San Buenaventura show locals doing their best to help vulnerable wildlife.

Researchers used ‘citizen science’ birdwatching data to rank Australian species. Among the most elusive birds were ‘hide and seek’ champions and a few possibly headed for extinction. Louis Backstrom, PhD Student, University of St Andrews James Watson, Professor, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.

Treasurer Tim Pallas says government is working to determine who needs to be paid back after high court’s EV ruling

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Victorian electric vehicle drivers will be repaid millions of dollars collected under an unconstitutional tax but it could take months for the cash to flow.

The high court last month found the Victorian government’s electric vehicle impost to be constitutionally invalid, as states do not have the power to impose excise taxes on consumption.

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Victoria government walks back changes to property tax laws that threatened to hobble renewables growth in the state by adding big fire levies to wind, solar and storage projects.

The post “Great result” for wind and solar as huge fire levy threat to renewables is doused appeared first on RenewEconomy.

An explosive eruption sends volcanic rock hurtling into the sea around Niijima Island, south of Tokyo.

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Sites under consideration could include the Chilterns, the Cotswolds and Dorset.

A report released by the World Economic Forum (WEF) and consultancy Accenture on Tuesday assessing the decarbonisation efforts of heavy industry and transport sectors says the industries require $13.5 trillion in investment to achieve net zero by 2050.

Oil and gas company Santos has urged the government to provide a guaranteed supply of Australian Carbon Credit Units (ACCUs) in order to meet its compliance regulations under the Safeguard Mechanism, according to tabled correspondence.

Leaked documents and an undercover investigation suggest UAE has been using its role as host of the COP28 to secure oil and gas deals.

The post Australia cited as COP28 host caught planning fossil fuel deals at UN climate talks appeared first on RenewEconomy.