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Norwegian energy giant leads €30m investment into Dutch large-scale flow battery storage company Elestor, which has eyes on the Australian market.

The post Oil giant Equinor leads €30m investment in long duration flow battery storage company appeared first on RenewEconomy.

Biodiversity market schemes can help – but they are not a silver bullet, and can be gamed if poorly designed. Felicity Deane, Associate Professor, Queensland University of Technology Licensed as Creative Commons – attribution, no derivatives.

There is a multitude of skills shortages that could threaten the low-carbon transition, but one stands out as critical to Australia’s future prosperity.

The post One skill shortage more than any is holding back Australia in the race to net zero appeared first on RenewEconomy.

The flooding in Pakistan is the latest in a sequence of exceptional disasters in the Northern Hemisphere. How much is climate change to blame? Andrew King, Senior Lecturer in Climate Science, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

After Monday's postponement, the US space agency thinks it has a strategy to launch at the weekend.

Oregon based Powin enters Australian storage market with deal to supply first three big battery projects of Akaysha Energy.

The post US battery supplier Powin enters Australia market with 1.7GWh storage deal with Akaysha appeared first on RenewEconomy.

On-demand public transit can rival car ownership in convenience, while cutting emissions and cost, and simultaneously encouraging a mode shift towards public transport. Benjamin Kaufman, PhD Candidate, Cities Research Institute, Griffith University Ainsley Hughes, Honorary Associate Lecturer, University of Newcastle Licensed as Creative Commons – attribution, no derivatives.

BloombergNEF (BNEF) is seeking a talented and highly motivated individual to join our European carbon analysis team. To succeed in this role you will have a genuine passion for carbon markets, and want to be at the forefront of this exciting industry.

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

California Carbon Allowances (CCAs) experienced significant volatility on Tuesday, as bearish influences from the global macro picture, EUAs, and a Golden State clean electricity bill gave way to renewed bidding on two separate occasions.

The Oregon Clean Fuels Program (OCFP) notched a credit shortfall during the January-March period, as deficit generation from petroleum-based fuels outpaced stronger renewable diesel volumes, according to state data published Monday.

The tiny golden-tipped bat roosts in the nests of rainforest birds. But high intensity extreme fires can increasingly reach into their unburnt sanctuaries. Christopher Turbill, Senior Lecturer in Animal Ecology, Western Sydney University Licensed as Creative Commons – attribution, no derivatives.

Standardised nature-based offsets rallied over the past week last week to extend a recent trend and catch up with over-the-counter trades, but there was little uplift in renewable or technology credit prices.

The Garma festival returns, pet therapy and politics, Guardian Australia takes a look at the month in pictures

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Environmentalists say replacing natural forests with wood plantations to realise shift in construction practices is ‘bonkers’

Building new urban homes from wood instead of concrete and steel could save about 10% of the carbon budget needed to limit global heating to 2C this century, according to a new study.

The overhaul of construction practices needed for such a shift would require up to 149m hectares of new timber plantations – and an increase in harvests from unprotected natural forests – but it need not encroach on farmland, according to the paper by the Potsdam Institute for Climate Impact Research (PIK).

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A major global bank has inked a multi-year agreement with direct air capture firm Climeworks that marks the latest in a string of similar purchases for removals credits from the firms growing portfolio.

A major Canadian bank on Tuesday announced a new exchange-traded fund (ETF) with international exposure to carbon allowance markets, having an initial focus on the EU ETS.

Reporting to the Head of Sales and Marketing, this is an excellent opportunity for a business development professional to join a growing firm active in the intersection of technology, finance, and sustainability. The successful candidate will join a growing team in executing a sales strategy for an agile firm determined to disrupt the carbon market. 

California lawmakers on Monday evening advanced to the Senate floor a bill to strengthen the state’s 2030 GHG reduction target, while the Assembly turned down legislation that would have required regulator ARB to review the WCI-linked cap-and-trade programme.

AEMO puts out call for urgent efforts to ramp up construction of wind, solar, storage and new transmission lines to ensure capacity in place before coal exodus.

The post Crunch time for grid: More wind, solar, storage and links urgently needed before coal exodus appeared first on RenewEconomy.