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Firmed renewable energy from a mix of solar and wind remains by far the cheapest source of new-build electricity generation in Australia, despite a jump in costs across all technologies due to global inflationary pressures. This is the conclusion of the draft 2022-23 GenCost report from CSIRO, the latest annual update from the national science […]

The post Firmed wind and solar still much cheaper than fossil fuels, even with inflation, says CSIRO appeared first on RenewEconomy.

California regulator ARB’s Board on Thursday voted to implement the state’s final 2022 Scoping Plan, reaching the culmination of a two-year development process and setting the state on track to become carbon neutral by 2045 and strengthen its suite of climate policies.

Only six farms are prosecuted for pollution despite 300 river contaminations in one year.

Tesla has taken its first steps towards becoming a major player in energy retailing, with the launch of an electricity plan to Powerwall customers.

The post Tesla takes first step to becoming an energy utility with new retail offer for battery owners appeared first on RenewEconomy.

AEMO reveals four new scenarios for its next big planning document, with consumer owned rooftop PV and EVs, and green hydrogen the big swing factors.

The post Consumers and green hydrogen the big swing factors in AEMO’s new planning blueprint appeared first on RenewEconomy.

Projects in the nascent voluntary biodiversity credit (VBC) market are already piloting different approaches to measuring biodiversity improvements ahead of larger standards that could emerge as early as next year.

it’s hard to justify buying a battery right now on cost savings alone. If other reasons also matter to you, it’s easier to justify. Peter Pudney, Associate Professor of Industrial and Applied Mathematics, University of South Australia Adrian Grantham, Adjunct Research Associate, University of South Australia Heather Smith, PhD Candidate, Industrial AI Research Centre, University of South Australia John Boland, Professor of Environmental Mathematics, University of South Australia Licensed as Creative Commons – attribution, no derivatives.

Countries are promising new funds to help protect 30% of the planet for nature but will it secure a deal?

Brookfield sold Brazil farms despite boss's call not to "walk away" from carbon-intensive assets

California Carbon Allowance (CCA) prices continued to pick up steam through the option-expiry week, while RGGI Allowances (RGAs) were unchanged over the last five days despite volumes picking up after the prior week’s fourth quarter auction.

The Ontario Ministry of Environment, Conservation, and Parks (MECP) this week finalised amendments to increase the stringency of its Emissions Performance Standards (EPS) programme to avoid running afoul of Canada's stricter CO2 pricing mandate.

Conservationists say amount is ‘nothing like what’s needed’ to achieve 30x30 target and address nature crisis

The UK has announced it will give nearly £30m to support developing countries in delivering the target to protect 30% of land and ocean by 2030, an amount conservationists criticised as being “nothing like what’s needed”.

The announcement was made on Thursday as the environment secretary, Thérèse Coffey, started international negotiations at Cop15 in Montreal. The £29m pledge – £24m of which is new money – is being allocated to support developing countries in delivering the 30x30 target, which is a negotiating priority for the UK at the UN summit.

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US farm technology firm Indigo Ag on Thursday announced it has disbursed $3.7 mln to growers ahead of its second soil carbon credit issuance, with these payments having risen substantially since the start of the programme.

The Alberta government on Thursday announced that it will tighten output-based standards for both industrials and power generators in its Technology Innovation and Emissions Reduction (TIER) large emitter programme while also raising the scheme’s offset usage threshold and creating several new classes of credits.

The US Federal Trade Commission (FTC) on Wednesday asked for public input on its rules for making environmental marketing claims, including for carbon offsets and renewable energy, as it looks to bolster enforcement against greenwashing.

South Australia seeks partners for green hydrogen power plant for Whyalla, which it hopes will be as transformational as the original Tesla big battery.

The post South Australia seeks proposals for electrolyser and “world’s biggest” hydrogen power plant appeared first on RenewEconomy.

Brazil’s incoming president adds voice to demand as Montreal talks restart after series of walkouts

Brazil’s incoming president, Luiz Inácio Lula da Silva, has backed calls for rich nations to provide more money to protect Earth’s ecosystems at Cop15 as talks restart in Montreal after a series of walkouts.

More than 100 environment ministers arrived at the biodiversity summit in Canada on Thursday before a weekend of intense negotiations on this decade’s UN targets to protect the natural world.

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A two-year-old US-based soil carbon removal company on Thursday announced the close of a Series A funding round exceeding $12 million.

Danish developer takes majority stake in 3.6GW solar hydrogen and "power-to-X" project near Gladstone in Queensland.

The post Danish developer takes control of huge 3.6GW solar hydrogen project in Queensland appeared first on RenewEconomy.

For the first time, Australia has moved to cap natural gas prices in a bid to stop energy price pain. Is the cap too high – or was it necessary to mollify the producers? Samantha Hepburn, Professor, Deakin Law School, Deakin University Licensed as Creative Commons – attribution, no derivatives.