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Australian start-up attracts $45m from some of world's biggest PE funds and a local billionaire for its digital twin technology helping network companies manage their assets.

The post Australia 3D network modelling firm lands $45 million to target global markets appeared first on RenewEconomy.

Neoen told it must sell its operating and development projects in Victoria if the proposed takeover by Brookfield is to pass muster.

The post Neoen told it must sell renewable and battery hubs to allow Brookfield deal appeared first on RenewEconomy.

Consumption of hard coal in power plants to generate electricity fell by 39 per cent in 2024, despite the closure of the last nuclear plants last year.

The post German coal use plunges nearly 40 per cent in 2024, despite nuclear exit appeared first on RenewEconomy.

Brazil’s Federal Public Prosecutor’s office (MPF) on Tuesday called upon state courts to decline three carbon project cases in favour of federal jurisdiction, in the name of addressing carbon markets questions of national consequence.

California has reached an agreement with an airlines trade organisation to scale the state’s sustainable aviation fuel (SAF) supply to 200 million gallons (757 million litres) by 2035, regulator ARB said Tuesday.

Experts outlined during a Wednesday webinar the potential for so-called "transition" carbon credits to facilitate the energy transition, but noted that challenges remain in the ongoing development of the nascent asset class.

Personal action on climate still has a place – but it works far better with institutional backing Sukhbir Sandhu, Associate Professor in Sustainability, University of South Australia Licensed as Creative Commons – attribution, no derivatives.

The federal government has cleared its state counterpart's plan for a massive 250 MW electrolyser and 200 MW hydrogen power plant at Whyalla.

The post Australia’s biggest hydrogen project wins federal green tick appeared first on RenewEconomy.

A group of ministers from 20 countries in the Global South have published a statement seeking urgent action to boost biodiversity financing for developing countries, while flagging issues with the global fund intended to support them. 

What is climate change doing to the world's driest inhabited continent? Latest CSIRO and BoM report checks in on the worsening impacts of global warming on Australia's environment and communities.

The post Australia’s land is already 1.5°C hotter and faces intense fire season, ocean heatwaves and sea-level rise appeared first on RenewEconomy.

Network operators want consumers to pay more for gas pipeline access, because they fear accelerated switch to all electric homes will leave their assets stranded.

The post Death spiral: Network blows up renewable gas claims, wants to hit consumers for cost of stranded assets appeared first on RenewEconomy.

A special emergency session on coral reefs at the UN biodiversity talks in Colombia on Wednesday urgently called for increased funding for reef protection, with a handful of governments and philanthropies putting up an initial $150 million for a global fund.

A London-based research institute and a carbon market data provider have unveiled an interactive tool to provide transparency to monitoring, reporting, and verifying (MRV) protocols for carbon removal (CDR), the two organisations announced on Wednesday.

A CO2 battery technology company has signed a supply contract with a long-duration energy storage project being developed by a Wisconsin utility with US Department of Energy funding.

A US CO2 removals (CDR) startup announced on Wednesday its oversubscribed round of $5.3 million in seed funding, which will scale the firm’s efforts to remove CO2 from wastewater systems.

LONGi, a global leader in solar manufacturing, proudly showcased its latest innovations—the Hi-MO X6 Max and Hi-MO 9 modules—during All Energy Australia 2024.

The post LONGi unveils cutting-edge Hi-MO X6 Max and Hi-MO 9 Modules at All Energy Australia 2024 appeared first on RenewEconomy.

The UK will introduce a Carbon Border Adjustment Mechanism (CBAM) in 2027 for the six sectors it deemed to be most at risk of carbon leakage, down from eight initially proposed, the government said on Wednesday.

Establishing a carbon price of $25 per tonne of captured CO2 could transform Brazil’s Amazon rainforest into one of the world’s largest natural sinks, countering emissions at a far lower cost than current carbon capture technologies, according to a study published by a major international financial institution.

Downpours caused Spain’s deadliest flooding in decades. Floodwaters surged through cities, towns and villages, trapping people in their homes, sweeping up cars in their wake and causing significant damage

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A group of over 20 organisations on Wednesday launched a coalition to promote bioeconomy across the Amazon region, looking at the biodiversity credit market as a possible means to scale financing.