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A New Zealand carbon forestry service company says it has already developed a biodiversity credit financing instrument which could be used in the government’s proposed market-based scheme to restore nature.

Copenhagen Infrastructure Partners, which has a 30GW pipeline in Australia, including the first offshore wind farm, is creating the world’s largest dedicated renewables investment fund.

The post Danish giant targets Australia as it builds “world’s largest” dedicated renewables fund appeared first on RenewEconomy.

A North America-focused forest fund initiated by Sumitomo Forestry, a major forestry group in Japan, has commenced operations with the participation of nine other large corporates from the East Asian country. 

Underground coal mines are expected to bear the highest cost of emission reductions under the reformed Safeguard Mechanism, according to analysis, as the price of Australian Carbon Credit Units (ACCUs) fell further on Monday.

The state's draft connection rules have thrown up another gem, but this one will upend the state's inverter market.

The post Queensland slammed for bespoke demands on inverters in controversial rule change appeared first on RenewEconomy.

RepuTex is looking for a senior trading analyst to join our Melbourne based team to provide qualitative and quantitative analysis of the Australian carbon market.

TagEnergy starts work on the first of 122 turbines for the first 756MW of the massive Golden Plains wind farm, and is laying foundations for its big battery.

The post First turbine goes up at Australia’s largest wind farm, foundations laid for big battery appeared first on RenewEconomy.

Offsets are meant to restore land elsewhere to make up for lost habitat. Developers can make payments to the state to cover the costs of this work, but a new study finds there’s usually a shortfall. Jonathan Rhodes, Professor of Ecology, The University of Queensland Shantala Brisbane, PhD Candidate, School of Earth and Environmental Sciences, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.

Almost 200 bird species found to build nests with human litter, including cigarette butts, plastic bags and fishing nets

Birds build nests with rubbish like cigarette butts, plastic bags and fishing nets, scientists say, raising fears for the safety of their chicks.

Research shows 176 bird species have been found to build nests with human litter, including items that hurt them and their offspring.

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The pace of change in some of the world's biggest grids is accelerating, but in Australia the transition is facing problems for governments and agencies.

The post Wind and solar eat fossil fuels in Europe and US, but it’s a slow burn in Australia appeared first on RenewEconomy.

Woodside Energy Group has doubled the amount of international credits it surrendered in the last financial year, according to a new report by the Clean Energy Regulator, as Australian companies saw mixed progress in meeting their climate and clean energy targets.

Regulator reports higher voluntary surrender of LGCs as proof that companies are really buying renewable electricity. But others say the numbers still don't add up.

The post Corporates make “tangible” switch to renewables, but some still play market games appeared first on RenewEconomy.

Backed by the likes of Bill Gates and Andrew Forrest, approved iron air battery is one of two set to replace retiring coal power plants.

The post Billionaire-backed 100-hour iron-air battery gets go ahead to help replace coal appeared first on RenewEconomy.

There’s more than one factor at work as our warming planet kicks into overdrive.

The post The world just broke a stunning slew of heat records. Why right now? appeared first on RenewEconomy.

Humans must kill animals in many cases, but they can still modify their behaviours to improve the welfare of animals while they are alive. Benjamin Allen, Wildlife ecologist, University of Southern Queensland Licensed as Creative Commons – attribution, no derivatives.

Siemens woes deepen with another big blade failure. At least two Australian wind farm projects are considering models from the same series.

The post Wind turbine maker’s woes multiply as massive blade breaks off in Brazil appeared first on RenewEconomy.

Scientists are concerned about the environmental impact if commercial deep sea mining begins.

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

An Australian bank has made an equity investment in a local carbon and natural capital investor as part of a successful A$220 million ($147 mln) Series A capital raising, it announced Monday.

A Belarusian group, through former South African President Jacob Zuma, has donated 2 million questionable carbon credits towards Zimbabwe’s nascent emissions trading efforts.