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Ex-carbon offsetting boss charged in New York with multimillion-dollar fraud
Kenneth Newcombe, formerly CEO of C-Quest Capital, indicted over allegations of carbon credit manipulation
A former carbon offsetting executive has been charged with fraud by US federal authorities, who allege that he helped to manipulate data from projects in rural Africa and Asia to fraudulently obtain carbon credits worth tens of millions of dollars.
Kenneth Newcombe, former CEO of C-Quest Capital LLC and a leading figure in the offsetting industry, was indicted on Wednesday in New York with commodities and wire fraud.
Continue reading...Australia’s largest operating wind farm sends first power to Sunshine State grid
The post Australia’s largest operating wind farm sends first power to Sunshine State grid appeared first on RenewEconomy.
Renewable penetration record falls for third time this week on Australia’s main grid
The post Renewable penetration record falls for third time this week on Australia’s main grid appeared first on RenewEconomy.
New video shows sharks making an easy meal of spiky sea urchins, shedding light on an undersea mystery
Carmakers ramp up pressure on chancellor for EV sales subsidies
Bosses say cost of complying with zero-emission vehicle mandate is ‘astronomical, and unsustainable’
UK electric car sales hit a record high in September, even as bosses from big carmakers told the chancellor that government targets were putting too much pressure on the industry.
The British industry sold 56,300 electric cars during the month, the highest on record, according to preliminary data published by the Society of Motor Manufacturers and Traders (SMMT), a lobby group.
Continue reading...Macquarie’s Aula jumps on board plans to build massive wind farm in New South Wales
The post Macquarie’s Aula jumps on board plans to build massive wind farm in New South Wales appeared first on RenewEconomy.
If Peter Dutton has a better understanding of the cost of building nuclear, then let’s see it
The post If Peter Dutton has a better understanding of the cost of building nuclear, then let’s see it appeared first on RenewEconomy.
“Differences of opinion:” Queensland state LNP insists it will not sign up to Dutton’s nuclear plan
The post “Differences of opinion:” Queensland state LNP insists it will not sign up to Dutton’s nuclear plan appeared first on RenewEconomy.
Australian carbon, biodiversity offset developer raising capital for Queensland assets
“Agile and industry facing:” University launches first of a kind hydrogen R&D hub
The post “Agile and industry facing:” University launches first of a kind hydrogen R&D hub appeared first on RenewEconomy.
WCI Markets: ARB rulemaking update expectations drive up CCAs amidst inexplicable WCA rally
Canadian cement manufacturer targets emissions reductions with $38 mln low-carbon fuel investment
WCI compliance instrument surplus exceeds 400 mln in Q3, while entities close accounts
Global climate fund to invest up to $1 bln to decarbonise industry sectors in developing countries
Mexican nature-based projects not yet meeting demand for high-integrity credits, consultant says
Australian researchers turn wine into a battery storage breakthrough
The post Australian researchers turn wine into a battery storage breakthrough appeared first on RenewEconomy.
Labour to commit almost £22bn to fund carbon capture and storage projects
Investment will fund two CCS clusters – but environmental campaigners have criticised plans
Rachel Reeves is paving the way for a multibillion-pound increase in public-sector investment at the budget after the government announced plans to commit almost £22bn over 25 years to fund carbon capture and storage projects.
In what is expected to be one of the biggest green spending promises of the parliament, the chancellor, prime minister and the energy secretary, Ed Miliband, will unveil the details on a visit to the Liverpool city region on Friday declaring a “new era” for clean energy jobs.
Continue reading...Rare brightening comet seen passing Earth from Hawaii
Solar car parks: Australia’s great untapped PV potential
The post Solar car parks: Australia’s great untapped PV potential appeared first on RenewEconomy.