How DER can power a sharing economy for energy

State and federal energy ministers have an opportunity to rapidly accelerate Australia’s decarbonisation by implementing a package of six measures to promote the adoption and integration of Distributed Energy Resources (DER).

Big Mining’s downstream steel emissions a new focus for shareholders

Rio Tinto and BHP can expect to face growing investor pressure to address their Scope 3 greenhouse gas emissions, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). Neither company has a measurable Scope 3 emissions reduction target.

Pioneer deal: Another overpayment by ExxonMobil?

Investors are looking askance at the $60 billion price tag of ExxonMobil’s acquisition of Pioneer Resources. They should.

IEEFA U.S.: Private equity reshapes nation’s largest power market while raising investor risk

Private equity investment has reshaped PJM, the nation’s largest power market over the last decade, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA).

Adaro aluminum smelter plans in Indonesia face financial risks

  New report warns that the project needs years of high aluminum prices to recover investment and will substantially add to carbon dioxide emissions through its supporting coal plant

France continues its development in LNG in a context of continued Russian deliveries and falling gas demand

CU Regents considering divestment from fossil fuels after public pressure

Over the past few months, more than 100 people, mostly students, have attended University of Colorado Board of Regents meetings to demand that the CU system be divested of fossil fuels.

Carbon Capture and Storage (CCS) Projects: Promises vs. Reality

Carbon capture and storage (CCS) projects have been a major topic of discussion during New York Climate Week. Critics of the technology argue that it is being used to prolong the life of the fossil fuel industry, rather than serving as an effective solution to combat climate change.

Pakistan weighs early closure of some gas, diesel power plants under ADB scheme

KARACHI: Pakistan is exploring the possibility of shutting down some of its gas- or diesel-fired power plants before their economic lifetime ends, as part of a low-carbon energy transition supported by the Asian Development Bank (ADB), a think tank said.

Deep divisions ahead of crucial UN climate talks

There are already signs that deep divisions could hamper progress at the UN's crucial COP28 climate summit. More than 70 environment ministers and 100 national delegations have been meeting in Abu Dhabi ahead of talks that begin in Dubai on November 30.

Carbon emissions threaten 1.5C climate threshold sooner than thought - report

Human fossil fuel emissions are threatening a key climate threshold more quickly than previously thought, a new report says. Researchers say the world may be committed to breaching the 1.5C limit by 2029, rather than the mid 2030s.

World shift to clean energy is unstoppable, IEA report says

The world is on an "unstoppable" shift towards renewable energy but the phase down of fossil fuels is not happening quickly enough, a new report says.

Sea-level rise: West Antarctic ice shelf melt 'unavoidable'

Increased melting of West Antarctica's ice shelves is "unavoidable" in the coming decades, a new study has warned. These floating tongues of ice extend from the main ice sheet into the ocean, and play a key role in holding back the glaciers behind.

Could the UK's tides help wean us off fossil fuels?

Could the ebb and flow of the UK's tides help us to rely less on fossil fuels? Great progress has been made exploiting wind and solar technology, but if we are going to switch to more renewable power, we need all the energy we can get.

What is COP28 in Dubai and why is it important?

Why is holding COP28 in Dubai controversial? The UAE is one of the world's top 10 oil-producing nations.

World breaches key 1.5C warming mark for record number of days

The world is breaching a key warming threshold at a rate that has scientists concerned, a BBC analysis has found. On about a third of days in 2023, the average global temperature was at least 1.5C higher than pre-industrial levels.

France is Europe’s biggest supporter of ‘carbon bomb’ projects, data shows

French banks have financed $154bn to firms running biggest fossil fuel projects since 2015 climate pact

The ‘flickering’ of Earth systems is warning us: act now, or see our already degraded paradise lost

Can you see it yet? The Earth systems horizon – the point at which our planetary systems tip into a new equilibrium, hostile to most lifeforms? I think we can.

Met uses new anti-protest powers to arrest climate protesters for first time

Force makes first use of section 7 of Public Order Act to curtail slow march protest outside parliament Police have arrested more than 60 climate activists taking part in a slow march outside parliament in the first use of draconian new anti-protest powers.

Climate crisis: carbon emissions budget is now tiny, scientists say

The carbon budget remaining to limit the climate crisis to 1.5C of global heating is now “tiny”, according to an analysis, sending a “dire” message about the adequacy of climate action.