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New scientific study finds that if humanity wants a 50-50 chance of limiting global warming to 1.5°C, we can only emit another 250 gigatonnes of CO2.

The post Carbon budget for 1.5°C will run out in six years at current emissions levels: new research appeared first on RenewEconomy.

ASX-listed battery materials upstart finalises a $US100 million US government grant, just weeks after securing funds from the Canadian government.

The post Australian battery materials company wins $100m US government grant appeared first on RenewEconomy.

Critical minerals, battery manufacturing, renewable hydrogen, and green metals have been flagged as net zero industry priorities by the federal treasurer.

The post Net zero policy to draw on national strengths, not copy US IRA, says Chalmers appeared first on RenewEconomy.

Another big battery begins construction in W.A. as the world's biggest standalone grid deals with the combined challenges of low midday demand and evening peaks.

The post Another battery project underway to manage low loads and rooftop PV in W.A.’s main grid appeared first on RenewEconomy.

A daily summary of our news plus bite-sized updates from around the world.

A US bioethanol plant operator will bring its CO2 removal credits to the voluntary carbon market using a removal standards and marketplace’s methodology, it announced Wednesday.

Transitioning residential gas appliances to electric at end-of-life from 2025 is crucial for Victoria to meet emissions reduction targets and protect consumers.

The post Ending the sale of gas appliances would address Victoria’s fossil dilemma and unlock savings appeared first on RenewEconomy.

Brookfield bows to super fund pressure to jack up offer for Origin Energy by $1.2 billion, and reinforces promise to fast-track Australia's transition to renewables.

The post Brookfield jacks up bid for Origin by $1.2 billion with promise to fast-track renewables appeared first on RenewEconomy.

Startups specialising in climate tech raised a record $7.6 billion in venture capital (VC) funding in the third quarter of 2023, in a show of robust health for the US sector amid signs elsewhere of an overall slowdown in VC fundraising.

Australia will task its national think-tank to focus on achieving the country’s energy transition and climate goals, as the government looks to “complement, not copy” the US’s Inflation Reduction Act to incentivise clean energy and tech investment.

The US Northeast and Mid-Atlantic RGGI power sector cap-and-trade system saw overall CO2 emissions decline in Q3 compared to the same quarter last year, programme data published Wednesday showed.

Spot credit prices under the Alberta Technology Innovation and Emission Reduction (TIER) programme climbed in October on significant volume as vintage value differentials continue to rise, according to a report published Wednesday.

A Canadian EV charging solutions provider launched a new initiative to allocate carbon credits for its EV charging station use, the company announced Wednesday.

A small representative set of California residents called for the cap-and-trade allowance budget adjustment to achieve at least 55% emission reductions by 2030, alongside recommendations for cost containment measures echoed by stakeholders, according to public comments submitted to state regulator ARB.

Data and market infrastructure provider Intercontinental Exchange (ICE) is making amendments to the California Carbon Allowance Advance Auction Clearing Price (ACA) futures contract and also adding new vintage futures and options contracts effective December, the bourse announced Wednesday.

Giant eddy currents in the sea spread heat. But if trapped in place, they can cause marine heatwaves deadly to sea life. And there’s a big one shaping up off Sydney right now. Moninya Roughan, Professor in Oceanography, UNSW Sydney Amandine Schaeffer, Senior lecturer, UNSW Sydney Junde Li, Postdoctoral research associate Shane Keating, Associate Professor, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.

Singapore-based Climate Impact X has taken a step towards providing benchmarked indices for the voluntary carbon market by passing the first external audit of its Nature-X assessment, paving the way for the creation of a swaps market as it confirms adding another REDD project and consults on launching other contracts.

FedEx, General Electric, and Rio Tinto are among companies targeted by a campaign launched Wednesday that aims to push the highest corporate emitters of greenhouse gases to adopt science-based targets in line with the Paris Agreement.

A Pennsylvania court on Wednesday halted the state's plans to join the Regional Greenhouse Gas Initiative (RGGI), ruling that it constitutes an illegal tax in that the state does not have the authority to collect revenue through the cap-and-trade scheme.

Major cryptocurrency exchange Coinbase will delist the Moss Carbon Credit (MCO2) altcoin on Nov. 14 due to asset-related and compliance concerns.