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Putting in motion already-proposed plans combined with targeted green energy policies is the route out of the current crisis.

The post Long term fix to fossil fuel crisis is faster switch to renewables, not price caps appeared first on RenewEconomy.

Protests against oil and mining have been planned, as thousands of delegates arrive for UN biodiversity summit

Police in Montreal are bracing for their biggest operation in two decades, as thousands of visitors – including frustrated demonstrators – begin to arrive for the Cop15 global biodiversity summit.

Officials are expecting more than 10,000 people, including scientists and senior bureaucrats, to attend Cop15 in the Canadian city.

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Young birdwatchers Mya and Arjun feel the pressure of climate breakdown and the biodiversity crisis. As two reserved teenagers on the cusp of adulthood, they find comfort in birdwatching while being distant from their peers. Fascinated by migratory patterns, Mya spends her time searching for rare bird species, while Arjun is captivated by the beauty of birdsong. As their passion for nature inspires them to raise awareness of conservation and the climate emergency in their communities, they find themselves and their voices, emerging as local leaders among a new generation of conservationists

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CCUS can play a critical role in India’s decarbonisation efforts but a viable policy framework that prioritises financial and tax incentives across the value chain needs to be put in place to bring it to scale, including via the carbon market, a government think-tank has urged.

Taiwan's legislature is set to pass a revised climate bill by the end of this year, though lack of policy clarity surrounding carbon pricing mechanism could hamper the island's ambitions towards net zero and leaves it unclear to which degree Taiwanese companies can rely on access to the international carbon market, experts told Carbon Pulse.

An Indonesian carbon trading and project developer has raised $4.5 million in seed funding to go towards marketing, project development, and hiring new staff, according to local media.

Biodiversity credits could help break the nature finance logjam if they can avoid some of the pitfalls that have left carbon offsets open to greenwashing accusations, according to a new study by the UNDP and UK-based think-tank IIED.

Over 650 scientists have signed a letter urging world leaders to stop using forests for bioenergy ahead of the upcoming UN COP15 summit on biodiversity in Montreal.

Letter says bioenergy is wrongly deemed ‘carbon neutral’ and contributes to wildlife loss

More than 650 scientists are urging world leaders to stop burning trees to make energy because it destroys valuable habitats for wildlife.

In the buildup to Cop15, the UN biodiversity summit, they say countries urgently need to stop using forest bioenergy to create heat and electricity as it undermines international climate and nature targets. Instead, renewable energy sources such as wind and solar should be used, they say.

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Emissions from the top 200 companies on Australia’s stock exchange will overshoot their 1.5C carbon budgets between now and 2050, with more than half having yet to set any net zero emissions targets, a new report has found.

More than 100 photographers are making their fine art prints available to Vital Impacts, an women-owned and operated non-profit organisation that supports grassroots groups trying to protect people, wildlife and habitats

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NZU buyers appear to be anticipating they will pick up a bargain at Wednesday’s ETS auction compared to current secondary prices, market participants said Monday, amid growing frustration of the government’s indecision on next year’s price settings.

The pelt and skull of the last known thylacine are identified in Hobart, solving an 85-year mystery.

AEMO and Transgrid are now considering two new options for the central Victoria connection of VNI West.

The post Community feedback prompts changes to transmission upgrade route appeared first on RenewEconomy.

Total spending on biodiversity in Australia could rise rapidly to A$137 billion ($94 bln) by mid-century, carrying with it significant risks and opportunities for major industries such as construction, mining, and tourism, a report from consultants PwC has found.

Genex says work resumes at Kidston pumped hydro project, but still no news from bidding syndicate led by software billionaire Scott Farquhar.

The post Genex resumes work on pumped hydro flagship as billionaire bidder bides his time appeared first on RenewEconomy.

The sheer scale of new targets, projects, records, and plans for Australia's green energy future hit a record this Spring, after a decade of Coalition denial.

The post Australia’s stunning Spring into green energy future after decade of denial appeared first on RenewEconomy.

Investors were desperate for policy and now they're getting it in swathes as Australian governments deliver a consistent diet of targets, laws and commitments.

The post NSW tops renewable energy superpower scorecard for first time appeared first on RenewEconomy.

It is not fair for people to be paying such wildly varied prices for the same level of gas consumption – equity must be central to any market intervention

The treasurer, Jim Chalmers, is set to intervene in the gas market to push down high bills, likely through capping wholesale gas prices and also the price of coal.

Various regulators and energy bodies will be providing advice about the best measures to take. But governments also needs to listen to those that are doing it tough paying their energy bills.

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Nearly 40% of ASX200 emissions are not yet covered by net-zero commitments, and much corporate climate action will come too late to keep 1.5℃ alive.

The post Only half of Australia’s biggest companies have net-zero emissions plans appeared first on RenewEconomy.