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Hydro Tasmania says new CEO will lead battery of the nation project in midst of "most critical transformation our industry has ever experienced."

The post Hydro Tasmania locks in new CEO to lead battery of the nation project appeared first on RenewEconomy.

Renewables achieved double-digit cost reductions in 2021, and saved tens of billions in fossil fuel costs, but IRENA warns of supply chain and commodities crises.

The post New wind and solar saved $82bn in fossil fuel costs in 2021, but supply pressures loom appeared first on RenewEconomy.

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

The green gas nirvana touted by industry is hydrogen made using renewable energy and biomethane produced from organic waste – and it’s decades away

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An orange flame on your stove would be the signal that you were now burning “renewable gas”, the advertorial said, promising this would happen “sooner than you expect”.

Above the article, which ran in the Age last week, was an advert from pipeline and distribution company Australian Gas Networks (AGN) showing a gas flame burning an unfamiliar green with the words “renewable gas”.

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The discoveries included a fungus previously recorded in the Arctic and another in Antarctica.

After two successful funding rounds, a blockchain carbon offsetting platform is expanding its presence in the US with a new base in Florida and a new advisor in the country, and is eyeing further senior hires.

A US agricultural technology company has raised $20 million in Series A funding, which it said will allow it to significantly expand farming and commercial adoption of its seaweed-based digestive aid for methane-spewing cattle.

Three natural gas companies filed a lawsuit on Tuesday against Pennsylvania’s RGGI rulemaking, adding to a growing caseload the state faces in its efforts to join the 11-state cap-and-trade programme that is pending resolution from the state Supreme Court.

California regulator ARB divvied out fewer than 100,000 compliance offsets for the third time in four issuance periods as the slow crediting rate this year continues, according to government data published Wednesday. 

Water from disused mines could be used to heat homes and cut bills, the Welsh government says.

The Associate Director, International Carbon Markets will focus on expanding MIMTA’s forest carbon project development globally.  This is a unique opportunity to play a key role in the company’s continued growth and success and to make significant contributions to an international, dynamic, and entrepreneurial team. 

A US national conservation organisation has teamed up again with its international partner to launch a nature-based offsets programme for small scale, family-owned and individual forest holdings, the companies announced Wednesday.

A Dutch carbon offset firm has agreed to sell around 535,000 voluntary carbon offsets from a Kenyan clean cookstove project.

This week, Austalia began a climate pivot on its relationship with the region. Fossil fuels are out and exporting green energy and green manufacturing techniques are in. John Mathews, Professor Emeritus, Macquarie Business School, Macquarie University Elizabeth Thurbon, Scientia Associate Professor in International Relations / International Political Economy, UNSW Sydney Hao Tan, Associate Professor, Newcastle Business School, University of Newcastle Sung-Young Kim, Senior Lecturer in International Relations, Discipline of Politics & International Relations, Macquarie School of Social Sciences, Macquarie University Licensed as Creative Commons – attribution, no derivatives.

Some 13 EU countries are eyeing alternatives to fund the bloc's shift away from Russia fossil fuels amid concerns that a Brussels plan to sell MSR-held carbon units is too disruptive for the EU ETS. 

A European renewables-focused market intelligence firm is seeking to hire several new analysts as part of an expansion of its coverage to compliance and voluntary carbon markets worldwide.

The world could still burn nine million barrels of oil a day and substantial amounts of gas under a mid-century net zero scenario if carbon capture use and storage (CCUS) was more quickly deployed at scale, according to analysis published on Wednesday. 

A firm specialising in direct air capture announced Wednesday it has secured £3 million through a UK government net zero innovation fund.

Tech giant Microsoft announced Wednesday that it has signed a multi-year commitment with direct air capture (DAC) pioneer Climeworks as its first supplier of long-term, technology-based carbon removal.

The UK’s governing Conservative party leadership contest features several climate sceptic candidates in the race to become the next prime minister, but while the new premier is likely to slow progress on climate, they will struggle to dismantle existing policy and the country’s mid-century net zero target.