Feed aggregator

National Australia Bank (NAB) will provide A$80 billion ($53 bln) in climate-related finance by 2030 and has set interim decarbonisation targets for certain lending sectors. according to its climate disclosures report published Thursday.

Unique wind, solar and battery project in north Queensland finally overcomes connection challenges to reach full capacity five years after it was built.

The post “Unimaginable challenges:” World-first integrated wind, solar and battery hybrid finally at full capacity appeared first on RenewEconomy.

The Brazilian Federal Police (PF) launched an operation Wednesday that aims to dismantle an unidentified criminal group suspected of selling around R$180 million ($34 mln) in carbon credits from illegally authorised lands, according to a government press release.

Report finds 28GW of new rooftop solar capacity could be installed on commercial and industrial roof spaces across Australia, offering significant power reductions to businesses and huge potential benefits to the grid.

The post Commercial and industrial rooftop solar could fill Eraring gap, and turn buildings into batteries appeared first on RenewEconomy.

The US government has launched a nationwide roadmap for improving marine ecosystems data that suggests industry actors put a price on ocean biodiversity, spurred in-part by emerging nature markets.

Governor Wes Moore (D) signed an executive order Tuesday to advance Maryland’s Climate Pollution Reduction Plan, requiring state agencies to submit a Climate Implementation Plan by Nov. 1 and created a Subcabinet on Climate.

Public hearing sessions concerning a proposed pipeline that would store CO2 from Midwest biorefineries in North Dakota concluded Tuesday without allaying landowners’ worries regarding safety and easement agreements.

Experts debated at two panels Tuesday on whether increasing fiscal and climate pressures would be enough to facilitate a future bipartisan agreement in the US on some form of national carbon price.

The Alberta Technology Innovation and Emission Reduction (TIER) programme recorded the highest transaction activity in May as the 2023 compliance deadline approaches, while assessed spot prices declined, according to a report published Monday.

Environmentalists have long been sceptical of carbon capture and storage, which began in the oil and gas industry. But there’s nothing else like it for storing emissions from industry. Tianyi Ma, Distinguished Professor in Chemistry and Renewable Energy, RMIT University Licensed as Creative Commons – attribution, no derivatives.

The major benefit of agrivoltaics is that solar panels shelter crops and animals from the heat, while providing more warmth at night. Soils also retain more moisture and some crops grow better. Alan Brent, Professor and Chair in Sustainable Energy Systems, Te Herenga Waka — Victoria University of Wellington Catherine Iorns, Professor of Law, Te Herenga Waka — Victoria University of Wellington Licensed as Creative Commons – attribution, no derivatives.

Despite its rich endowment of iron ore resources, Australia must act early and decisively to secure its place in the global race towards green iron and low-carbon steel.

The post Australia must decarbonise to stay relevant in the global steel supply chain: BNEF appeared first on RenewEconomy.

Buyers from new sectors are preparing to ramp up investment in novel carbon removals that would alter the current profile of corporates purchasing engineered-based units, long dominated by large technology firms, despite credit costs still well into the hundreds of dollars per tonne.

Argentinian oil and gas (O&G) producers are open to greening their operations but seek marginal, not transformational change, according to industry representatives and a public official speaking at the Argentina Carbon Forum in Buenos Aires.

The Climate Action Reserve (CAR) standard’s pending protocol to tackle emissions from Argentina’s vast beef herds and other livestock cannot be implemented in a scientifically robust way under local conditions, an applied scientist at a national research institute told Carbon Pulse on Tuesday at the Argentina Carbon Forum in Buenos Aires.

The secretary general of the UN said fossil fuel companies should be banned from advertising in every country, akin to the restrictions on big tobacco. António Guterres delivered fresh scientific warnings of global heating in a major speech in New York. He called on news and tech media to stop enabling 'planetary destruction' by taking fossil fuel firms' advertising money, while warning that the world faces 'climate crunch time' in its faltering attempts to stem the crisis

• ‘Godfathers of climate chaos’: UN chief urges global fossil-fuel advertising ban

Continue reading...

A developer of clean cooking appliances and carbon offset projects has received authorisation to begin carbon projects in Malawi, it announced on Wednesday.

Offtake agreements could play a critical role in bridging the financing gap in the carbon dioxide removal (CDR) market, provided that they include detailed information on pricing as well as safeguards for buyers and investors, according to a new report.

The Council of EU member states is working to adopt its position on an anti-greenwashing law proposed by the European Commission, with the latest text seen by Carbon Pulse clarifying further requirements for companies to back up climate-related claims that rely on carbon credits.

US astronauts ride a new crew capsule to orbit after a long and tortuous development programme.