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Showing 41 - 50 of 636 results for "gas"

COP28: Australia signs Glasgow statement to end public finance for fossil fuels

ROSE MARY PETRASS  |  WEDNESDAY, 6 DEC 2023  |  NEWS
... clean renewable energy and increasing energy efficiency. A basic part of that is shifting public taxpayers' dollars out of gas and coal. This will help take Australia's earlier pledge to triple renewable energy into reality," said Barry Traill, director ...

COP28: Climate finance, carbon markets take centre stage

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... developing countries. Participants reiterated the call for whole of economy NDCs encompassing methane and other non-CO2 greenhouse gas emissions (all GHG emissions). Leaders discussed the need for significant financial innovation to achieve more inclusive ...

COP28: Countries tackle coal as President claims "no science" behind phase-out

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... annual energy efficiency improvements by 2030. 51 companies, including 29 national oil companies, signed on to the Oil and Gas Decarbonization Charter (OGDC) to reach net zero emissions by 2050, with 30 committing to near zero methane emissions for the ...

COP28 day one recap: US$429m loss and damage fund

ROSE MARY PETRASS  |  FRIDAY, 1 DEC 2023  |  NEWS
... The decision reportedly received a standing ovation from delegates. This comes amid controversies about the UAE's oil and gas expansion plans. COP28 president Sultan Al Jaber is also the president of UAE oil company Adnoc. Annual loss and damage in developing ...

New code of practice guidance for voluntary carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
The Voluntary Carbon Markets Integrity Initiative (VCMI) has released guidance to help direct finance to climate mitigation initiatives and commitment beyond science-aligned emissions cuts. The new guidance for the Claims Code of Practice aims to accelerate ...

Carbon credit review falls short on CO2 capture and slavery

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
... solutions must complement land-based methods, however the infancy of these technologies and the minute amount of greenhouse gas emissions they currently sequester raises doubts about their ability to scale and compete with the potential carbon sequestration ...

Capacity Investment Scheme expansion to jolt renewable energy

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
... government's capacity mechanism, designed to prolong the operation of coal-fired power generation. CIS explicitly excludes methane gas peaking power plants. The Australian Pipelines and Gas Association said the scheme is "the equivalent of planning to ...

BlackRock's Evergreen Infrastructure fund scores US$1bn

ROSE MARY PETRASS  |  TUESDAY, 21 NOV 2023  |  NEWS
... regions teeming with opportunities for the construction or revitalisation of sustainable telecommunications, digital, energy, gas storage, and renewable energy infrastructure."

Macquarie opens clean energy arm

ROSE MARY PETRASS  |  MONDAY, 20 NOV 2023  |  NEWS
... previously at AusNet Services, an energy delivery business that owns and operates more than $11 billion of electricity and gas network assets. He commented that the new business has a "vision to be a leading green independent power producer in Australia ...

Preparing for COP28: nature and climate integration

ROSE MARY PETRASS  |  TUESDAY, 14 NOV 2023  |  NEWS
... Emirates - a major fossil fuel producer - could result in weak outcomes. The UAE plans to extract 38 billion barrels of oil and gas between now and 2085. According to GlobalData, if other oil-producing nations followed similar plans, the world's ...