For about half an hour on Friday, the national energy market caught a glimpse of what a renewables-powered future might look like. It was not caused by a shortage of coal-fired power, and it happened just outside the sunniest time of the year.
Impact investment makes up about 2 per cent of total investments around the globe. It is tiny. But it wasn’t that long ago you could say the same about responsible investing more broadly.
The world’s biggest fund manager, BlackRock, has selected Australia for the rollout of its largest investment in grid-scale batteries that will be crucial to driving the shift from coal to clean energy.
Long touted for their far-reaching health, cultural, environmental and social benefits, Australia’s native foods industry is on the precipice of a boom, but as markets finally wake up to the produce’s potential another global factor is increasingly cause for concern.
“Mass uptake of e-bikes” will also lead to “a significant early contribution” in reducing transport emissions, while asking much less of the power grid, the study found. E-bikes are a double boon to the grid because their home chargers run on existing circuits and draw “relatively low power (500 watts to 1400 watts).”
It began with a bet between billionaires. In March 2017, Atlassian chief Mike Cannon-Brookes challenged Tesla boss Elon Musk to make good on a thought bubble about using batteries to solve South Australia's energy problems. "Tesla will get the system installed and working 100 days from contract signature or it is free," Mr Musk replied.
Atlassian co-founder Mike Cannon-Brookes is targeting electric vehicles and the electrification of Australia’s homes as the first charitable projects backed by their $1.5 billion green fund.
There's a growing consensus on the urgent need to bring down carbon emissions, and the global rallying cry is net zero. This isn't just a climate target, it's become a badge of commitment. There's also a realisation that it won't be easy.
Clean-tech stocks rose to some of their highest levels in months after Democrats won the backing of Arizona Senator Kyrsten Sinema for their bill to spend $370 billion on climate change measures.
The International Emissions Trading Association issued guidelines on blockchain use in carbon markets. IETA is the main lobby group for the international Voluntary Carbon Markets (VCM). It aims to establish a functional framework for trading in GHG emission reductions.
Australia’s environment minister says billionaire Palmer’s Central Queensland Coal proposal would likely have ‘unacceptable impacts’ on reef
Right now, the world is moving too slowly, on track for 2.7 C of warming by 2100, far short of the 1.5 C goal that’s in the Paris Agreement. There’s no longer time for niceties. We need a climate tech startup that’s going to throw its weight around and force evolution on sclerotic governments and companies.
The Albanese government has passed its climate bill through the lower house with a number of amendments. The new bill locks in a 43 per cent emissions reduction by 2030 and net zero by 2050 which is an update to Australia's obligations under the Paris Agreement.
As organisations are forced to confront unprecedented rises in energy costs, an emerging group of Australian innovators in the energy sector is finding new opportunities and scaling for growth.
A project to restore and protect the Maroochy River catchment as a solution to climate change has received a major grant. The Blue Heart project received $2 million from the Federal Government’s Blue Carbon Ecosystem Restoration Grants. The project aims to transition the Maroochy floodplain from its former uses as cane farms and other rural activities back to natural estuarine systems.
Of the new crop of members in the House of Representatives delivering maiden speeches on Tuesday evening, Labor’s Sally Sitou was up first, as Independent Zoe Daniel closed the evening.
Scientists have invented a magical gadget that sucks the ink off printer paper so each sheet can be used 10 times over. They aim to cut the amount of planet-heating carbon dioxide (CO2) emissions from the paper and pulp industry by reducing demand for office paper.
The Monetary Authority of Singapore (MAS), the central bank and financial regulator of Singapore, and Google Cloud announced today the launch of the Point Carbon Zero Programme, a new initiative aimed at driving the innovation, incubation, and expansion of climate FinTech solutions in Asia.
A once-in-a-decade report from CSIRO, Australia’s national science agency, identifies seven global megatrends that hold the key to the challenges and opportunities ahead.