Climate

Australia’s carbon credits leap above $33 a tonne in new surge

Reputex 21 October 20210

emissions greenhouse gases net zero targets - canva - optimised

Buying from investors, intermediaries and corporates have caused the price of carbon credits in Australia to double in the past 12 months.

Cannon-Brookes to inject another $1.5 billion into renewables and climate push

Giles Parkinson 21 October 20210

Mike and Annie Cannon-Brookes pledge another $1.5 billion towards renewables and philanthropic projects helping cap global warming at 1.5°C.

Iberdrola commits £6 billion to develop 3GW offshore wind hub in UK

Joshua S Hill 21 October 20210

Iberdrola announces £6 billion investment in 3GW offshore wind energy hub to kick off UK’s aim to build 40GW of offshore wind to meet net zero target.

Australia ranked worst amongst international peers for climate action, fossil fuel use

Michael Mazengarb 21 October 20210

An Extinction Rebellion activist wears a mask depicting Australian Prime Minister Scott Morrison blocks the road during a protest outside Parliament House in Canberra. (AAP Image/Lukas Coch)

Australia ranked last among developed countries for climate action, due to its poor track record on emissions and its ongoing dependence on fossil fuels.

“Green is good”: Johnson delivers conservative vision for green jobs and zero emissions

Michael Mazengarb 20 October 20210

Boris Johnson uk climate change number 10 prime minister - optimised — Credit: PA/Dominic Lipinski

Johnson’s ‘ten point plan’ to tackle climate – set to create 440,000 new jobs this decade – shows climate action and job creation can go hand-in-hand.

The folly of gas: Most new gas generators not viable, says Carbon Tracker

Joshua S Hill 20 October 20210

AGL's Torrens Island power station near Adelaide. — AGL's Torrens Island gas-fired power station near Adelaide.

Australia is hitching its future to a “gas-led recovery”, but new report says gas plants are not viable because renewables and storage are cheaper, and cleaner.

Regulator seeks input into new corporate emissions transparency reporting scheme

Michael Mazengarb 19 October 20210

Clean Energy Regulator seeks feedback on new scheme to improve transparency around corporate emissions pledges and the use of offsets.

Massive offshore wind project taps “world’s largest” Vestas turbines

Joshua S Hill 19 October 20210

Danish wind giant named as prefered supplier to for massive 2.1GW Empire offshore wind project, planned for development off the coast of Long Island, New York.