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The independent Papua New Guinea Biodiversity and Climate Fund has issued a second funding call for projects aiming to earn protected area status and help the megadiverse country reach its international biodiversity commitments.

An asset management company has partnered with a fintech firm to invest in a Cambodian biochar facility that will then advance purchase the resulting 16,000 carbon removal units in the project's first phase, the firms said in a release.

UNSW incubator wing to provide seed investment, mentoring and industry access for six Australian start-ups that demonstrate significant climate impact.

The post UNSW launches new clean energy start-up accelerator, Climate 10x appeared first on RenewEconomy.

Countries in a position to export carbon credits, especially in the Asia-Pacific region, are increasingly willing to participate in international carbon trading under the Paris Agreement but will need assistance with the complex rules as well as how to go about their implementation, panellists at the Carbon Forward Asia conference said on Tuesday.

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

Brad Hopkins from AEMO Services discusses the stunning results of the first NSW generation and storage tender, and what it means for the market.

The post Energy Insiders Podcast: Batteries and pumped hydro fight over coal succession plans appeared first on RenewEconomy.

Victoria’s independent safety regulator has banned supply of a local manufacturer's small wind turbines following a series of "dangerous incidents."

The post Faulty wind turbines banned in Victoria over “dangerous incidents” appeared first on RenewEconomy.

Lots of reading for Chris Bowen as public consultation on Australia's second official offshore wind development zone attracts just shy of 2,000 submissions.

The post Huge public interest as Hunter offshore wind zone proposal draws 1,900 submissions appeared first on RenewEconomy.

Analysts have raised their short-term forecasts for EU carbon prices, but warned of coalescing bearish pressures including from increasing permit supply and weakening fundamentals.

There appears no shortage of low cost wind, solar and battery storage. But can pumped hydro step into the fold to replace coal?

The post Low wind and solar prices and long duration batteries: Where now for pumped hydro? appeared first on RenewEconomy.

Exclusive: YouGov survey in seven countries tested backing for government and individual action on crisis

Many Europeans are alarmed by the climate crisis and would willingly take personal steps and back government policies to help combat it, a survey suggests – but the more a measure would change their lifestyle, the less they support it.

The seven-country YouGov survey tested backing for state-level climate action, such as banning single-use plastics and scrapping fossil-fuel cars, and individual initiatives including buying only secondhand clothes and giving up meat and dairy products.

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IEA says Australian PV market contracted in 2022 while cost – and average size – of residential systems grew. But solar is still an economic no-brainer for homes and business.

The post Rooftop solar economics “outstanding” in Australia, even as module prices creep up appeared first on RenewEconomy.

Capping the wholesale gas price is a poor attempt to decouple the domestic market from the volatile international market. The only sure way forward is a domestic reservation policy for the east coast. Ariel Liebman, Ariel Liebman Director, Monash Energy Institute and Professor of Sustainable Energy Systems, Faculty of Information Technology, Monash University Licensed as Creative Commons – attribution, no derivatives.

Mitsubishi has launched a $1-billion fund in collaboration with several partners, focussing on decarbonisation through the development of climate tech, it announced Tuesday.

Singapore-based LNG trader Pavilion Energy has announced a partnership with a climate tech company in Japan to promote decarbonisation in the two countries through the use of offsets.

Alinta names contractors for solar-battery hybrid facility that will help power BHP's port facilities for its huge iron ore mines.

The post Contractors named for first big solar and battery hybrid to serve iron ore giants appeared first on RenewEconomy.

Denmark-based researchers say they’ve found a novel way to break down discarded wind-turbine blades, recovering useful materials in the process.

The post Wind turbine recycling breakthrough delivers promise in a test tube – but can it be scaled up? appeared first on RenewEconomy.

Analysts nudged their California Carbon Allowance (CCA) 2023 average price forecasts higher on market expectations of future programme tightness but expect near-term price declines into the May WCI auction, while they maintained existing RGGI Allowance (RGA) price forecasts in a placid market.

Washington Department of Ecology (ECY) filed a response on Friday in the lawsuit between the state and Chicago-based power firm Invenergy, where the ECY argued Invenergy is not similar to utilities receiving free allowances. 

CO2 emissions in the 11-state RGGI cap-and-trade system were primed to have fallen by more than 10% during the first three months of the year even with several big-emitting power generators having yet to report their output, according to data published Monday.