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EnergyAustralia reports on a challenging six months that included forking out $65 million – and counting – to address its ongoing Yallourn coal mine problems in Victoria.

The post EnergyAustralia counts cost of Yallourn coal dramas in loss-making half appeared first on RenewEconomy.

The main architect of Paris Agreement says the summit will need to be a mix of virtual and in-person meetings.

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

Over-reliance on tree-planting to offset carbon emissions could push food prices up 80% by 2050

Governments and businesses hoping to plant trees and restore forests in order to reach net-zero emissions must sharply limit such efforts to avoid driving up food prices in the developing world, the charity Oxfam has warned.

Planting trees has been mooted as one of the key ways of tackling the climate crisis, but the amount of land needed for such forests would be vast, and planting even a fraction of the area needed to offset global greenhouse gas emissions would encroach on the land needed for crops to feed a growing population, according to a report entitled Tightening the net: Net zero climate targets implications for land and food equity.

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MGA Thermal to scale up production of thermal energy storage blocks after securing $8 million in early investment.

The post Australian-invented thermal storage start-up completes $8m investment raise appeared first on RenewEconomy.

Renewable energy sources in UK generated more electricity in 2020 than fossil fuels, a first for the country.

The post UK renewables beat fossil fuels over calendar year for first time in 2020 appeared first on RenewEconomy.

After $22,000 and four different electricians, Heather’s rooftop solar system is still not working. Her story illustrates the risks of having no support in the switch to clean energy at home. Hugo Temby, Doctoral Researcher, Battery Storage and Grid Integration Program, Australian National University Hedda Ransan-Cooper, Research Fellow, College of Engineering and Computer Science, Australian National University Licensed as Creative Commons – attribution, no derivatives.

More than a dozen wind farms posted capacity factors above 50 per cent in a record month for wind output in July.

The post Blow hards: Australia’s best performing wind farms in record month appeared first on RenewEconomy.

BHP, boosted by its recent Tesla supply deal, says it is looking to install wind turbines to help power its nickel operations in Western Australia.

The post BHP expands solar contract, in wind turbine push as it boosts green nickel plan appeared first on RenewEconomy.

Vestas to supply and install 16 turbines for the Crookwell 3 wind farm, putting the NSW project on track to start generating power in 2022.

The post Vestas secures turbine contract for next stage of Crookwell wind farm appeared first on RenewEconomy.

London-listed investment fund buys two Australian solar farms and plans one and two hour battery storage facilities at multiple sites.

The post UK investment firm unveils $95m entry into Australian solar and battery market appeared first on RenewEconomy.

Governments and companies are relying too heavily on nature offsets, distracting from urgent emissions reductions and risking global food security, according to a report published Tuesday by development charity Oxfam.

Tighter supply balances could help EU carbon prices climb above €100 by 2025, analysts said, but ahead of that the market faces some near-term headwinds.

Reporting to the National Operations Manager, this is a key role within the organisation which is responsible for the management of AgriProve's portfolio of soil carbon projects under the Emissions Reduction Fund (ERF) in the region. 

Voluntary emissions reduction (VER) prices across multiple product categories in the voluntary carbon market (VCM) extended record highs this week, as CME Group’s nature-based carbon offset futures contract transacted for the first time on Monday.

Targray is building a new Carbon Credits Trading desk, and is looking for Carbon Credits Traders:  A head trader, and individual or teams of traders, including sales traders. 

Israel will from 2023 introduce a carbon tax that the government said will be the “cornerstone” of the country’s new climate action plan.

PowAR takes control of Tilt and immediately sets sights on the two biggest wind projects in NSW, and various forms of storage.

The post Australia’s biggest renewables owner plans huge wind and storage projects appeared first on RenewEconomy.

California power consumption climbed throughout July as the Golden State experienced continued hot weather, while grid operator California Independent System Operator (CAISO) reported much higher Q2 emissions this year due to an increase in carbon-emitting sources.

As a tree scientist who works with urban trees, I can assure you some large, old trees are well worth leaving alone, even you find them annoying sometimes. Gregory Moore, Doctor of Botany, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.