VEN Blog

Published on April 8, 2024 By Meg Duff in Capital and Main Though factory farming is a small part of bank financing, it leaves an outsized carbon footprint. The industrial livestock industry represents a small portion of big banks’ financing portfolios — but it may be responsible for a disproportionately large share of the greenhouse […]

The Climate Change Authority recommends the government extend support for rooftop solar beyond 2030 and expand the types of technologies eligible for support. from Switched On by Renew Economy April 12 2024 The Albanese government has “noted” – but not agreed to – a recommendation from the Climate Change Authority (CCA) to extend the federal […]

Image Source: International Energy Agency The original carbon-free power source is the only renewable whose share is shrinking By Mark Harris in Anthropocene magazine It all started so well. Within three years of the first hydropower project at an English inventor’s home in 1878, there was an electricity plant at Niagara Falls, and soon many more […]

Anthony Albanese is setting himself up as the fossil fuel export king of Australia Ketan Joshi Apr 9, 2024 12Renew Economy In a break from tradition, Australia’s government dropped some good news in the days before the long weekend Easter break. It’s a time usually reserved for ‘taking out the trash’: dropping news items you don’t […]

Commentary: Raising the bar: setting a strong 2035 emissions reduction target BY ACF, Climate council, WWF, Solutions for Climate Australia Background Under the Paris Agreement, signatory governments are required to submit an updated emissions reduction target – or Nationally Determined Contribution (NDC) – every five years. Together with other nations, Australia is dueto submit an […]

Renew Economy A new university spinout says powdered hydrogen could deliver the efficiencies needed to make the transport and export of green hydrogen competitive with fossil fuels. Australia has high hopes of becoming a green energy export superpower, partly driven by the potential of green hydrogen. But some of the more ambitious proposals look doubtful […]

The New Daily Tess Ikonomou Apr 10, 2024, updated Apr 10, 2024 Almost nine in 10 Australians want a faster or moderate transition to clean energy, the national science agency says. The CSIRO on Wednesday released a survey on attitudes nationwide towards the renewable energy transition. Touted by the agency as the most comprehensive survey […]

The Guardian Climate crisis Simon Stiell calls for reform at development banks to enable governments to provide more climate finance to developing world Fiona Harvey Environment editor Wed 10 Apr 2024 23.00 AEST The World Bank must take a “quantum leap” to provide new finance to tackle the climate crisis or face “climate-driven economic catastrophe” […]

Figure 2. Cumulative greenhouse gas emissions versus vehicle mileage for (a) internal combustion engine and battery electric sedans, SUVs, and pickup trucks. From Corrigendum: The role of pickup truck electrification in the decarbonization of light-duty vehicles. Maxwell Woody et al 2022 Environ. Res. Lett. 17 089501 The manufacturing and disposal of electric vehicles result in […]

Without community support, the green energy transition will fail. Here’s how to get communities on board Environment 5 Apr 2024 NAtional Tribune Connecting cheap, clean energy from renewables comes with a hidden cost and challenge: building 5,000 kilometres of new transmission lines this decade, and another 5,000km after that. This sounds like a lot, but […]

Date: April 2, 2024 Source: University of Florida Summary: Companies that proactively manage climate risks boost their valuations, while those with a passive stance are discounted in the equity market, according to new research. FULL STORY A pioneering study from the University of Florida has quantified corporations’ exposure to climate change risks like hurricanes, wildfires, […]

Patrick Brown and Michael Eisen Reducing cattle populations and restoring native ecoystems is our best chance to tackle global heating. Here’s one way to do it Tue 2 Apr 2024 21.08 AEDT in The Guardian There is a simple, cost-effective and scientifically sound way to turn back the clock on global warming and reverse the […]

Rachel Williamson Apr 2, 2024 1Renew Economy6 ANDREW FORREST HYDROGEN RENEWABLES SOLAR The fate of one of the biggest solar projects in Australia remains in limbo, after Andrew Forrest’s Fortescue Metals missed another deadline for reaching financial closer on the key Gibson Island green hydrogen plant in Queensland. has blown through its extended deadline, sending […]

ABC News 7.30 By national regional affairs reporter Jane Norman Posted Yesterday at 8:04am, updated 14h ago14 hours ago Driving her trusty red Camry, wearing a T-shirt emblazoned with “Australian Nuclear Free Alliance”, Aunty Sue Haseldine is on a cross-country mission. “We’ve travelled a long way and a lot of miles,” she tells 7.30 somewhere between her home […]

46C summer days and ‘supercell’ storms are Britain’s future – and now is our last chance to prepare Bill McGuire Neither the Tories nor Labour seem bothered by the climate mayhem that awaits us, but to save lives they must act Wed 20 Mar 2024 00.00 AEDT It’s the August bank holiday in 2050 and […]

Climate change will see Australia’s soil emit CO2 and add to global warming Date: March 26, 2024 Source: Curtin University Summary: New research has shown the warming climate will turn Australia’s soil into a net emitter of carbon dioxide (CO2), unless action is taken. Soil helps to keep the planet cool by absorbing carbon, however […]

Alan Kohler Mar 28, 2024, updated Mar 27, 2024 When there’s full employment, as there is now, projects that are approved to create jobs can’t do that – they divert labour from somewhere else. This means, among other things, that the whole reason for politicians to approve coal mines and gas projects has evaporated. Not […]

Their climate forecast: The Global North will gain outdoor days, while the the Global South will lose them. By Sarah DeWeerdt March 26, 2024 inAnthropocene Climate change will bring more days of pleasant weather to the Global North while subtracting from the tally of nice days in the Global South, according to a new study. […]

ABC Rural / By Daniel Fitzgerald Posted Yesterday at 8:21am In short: Italian company Eni says it is reviewing plans to develop a new gas field in the Timor Sea to reduce its environmental footprint. The gas field has a very high carbon dioxide content, making it environmentally risky and expensive to develop. What’s next? Eni has put […]

NAB’s renewable energy lending book shows continued growth for global renewable projects as the bank completes its 200th renewable energy transaction with Squadron Energy. The milestone brings NAB’s committed renewable energy project funding to $16.8 billion since 2003. A track record that has seen NAB recognised as Australia’s leading bank for project finance to the […]