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Experts say crude oil pipeline from Uganda to Tanzania will produce 25 times host nations’ combined annual emissions

An oil pipeline under construction in east Africa will produce vast amounts of carbon dioxide, according to new analysis. The project will result in 379m tonnes of climate-heating pollution, according to an expert assessment, more than 25 times the combined annual emissions of Uganda and Tanzania, the host nations.

The East African crude oil pipeline (EACOP) will transport oil drilled in a biodiverse national park in Uganda more than 870 miles to a port in Tanzania for export. The main backers of the multibillion dollar project are the French oil company TotalEnergies and the China National Offshore Oil Corporation (CNOOC).

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The current global energy crisis can prove to be a historic turning point towards a cleaner energy future, the International Energy Agency (IEA) has stated, as the Paris-based energy watchdog projected for the first time that global demand for each of the fossil fuels will either peak or plateau across all the scenarios in its latest annual World Energy Outlook (WEO) released on Thursday.

The extra cash will help the CEFC lead financing and investment in the Rewiring the Nation program.

The post CEFC gets $8.6 billion in new funding to connect renewables to the grid appeared first on RenewEconomy.

Andrew Forrest sees quick pay-back from dumping fossil fuels, and urges the world to follow.

The post Forrest sees quick payback from dumping fossil fuels, as he touts first green mine appeared first on RenewEconomy.

Japan plans to gradually increase domestic carbon prices over the next decade to help drive deeper emissions reductions and raise funds for decarbonisation, Prime Minister Fumio Kishida has said, according to local media reports.

Gas prices are rapidly coming down, but the long term doesn't look good as wind and solar continue to beat gas on price.

The post Gas writes its own death sentence with plants 10 times the price of new renewables appeared first on RenewEconomy.

An Australian-based financial company has raised A$55 million ($35 mln) to go towards nature-based carbon credit projects and the roll-out of its data and analytics platforms.

With effective regulation, Australia’s offshore wind industry can be a leader in ecologically sustainable development.

The post Australia could lead the world in offshore wind, but risks to marine life remain poorly regulated appeared first on RenewEconomy.

Latest finding adds to theory that animals, including humans, naturally arrange things in a certain order, even without being able to count

Bees order numbers in increasing size from left to right, a study has shown for the first time, supporting the much-debated theory that this direction is inherent in all animals including humans.

Western research has found that even before children learn to count, they start organising growing quantities from left to right in what has been called the “mental number line”.

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Two Korean environmental and consumer rights groups have filed legal complaints over claims made by a major industrial conglomerate that the use of offsets from a controversial South American forestry project makes its engine oil product ‘carbon neutral’.

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Gravity storage proponent Energy Vault strikes another big battery deal, this time with a proposed solar farm in Victoria.

The post Gravity storage specialist Energy Vault strikes big battery deal with Australia solar project appeared first on RenewEconomy.

British Airways has partnered with a climate tech firm to create a new platform for passengers to manage and offset their flight emissions.

At least a dozen species display this 'bad habit' and now scientists want to know why.

Scientists say they now understand more about the mysterious role of epigenetics in cancer growth.

The nature repair market is sold as a good news story: willing land managers benefiting nature with support from the private sector. But if offsets are part of it, the reality could be very different. Megan C Evans, Senior Lecturer and ARC DECRA Fellow, UNSW Sydney Martine Maron, Professor of Environmental Management, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.

Victoria Greens issued call for new rules to consider how major development projects affect – and will be affected by – climate change.

The post Call for “climate trigger” in state planning laws as floods spread to Victoria appeared first on RenewEconomy.

A carbon credit ratings platform has hired a senior executive from data and research firm Fitch to steer and expand commercial opportunities.

The UK government has again tweaked free carbon allowance allocations for heavy industry over the first five years of the country’s ETS, holding back a further 140,000 permits from emitters.

A Canada-based financial services company on Wednesday announced it will purchase carbon removal credits from a Nova Scotia-headquartered firm specialising in decarbonising concrete.