The government’s Clean Energy Finance Corporation and the Commonwealth Bank have emerged as significant investors in Macquarie-backed Xpansiv’s $US100 million raising.
A Commonwealth carbon credit scheme that paid out millions in public funds to landholders has been called into question by experts.
A UK-based data analytics firm,inspired by epidemiology,is using artificial intelligence to help activist investors maximise profits from short selling stock in companies with poor records on climate change.
Tree projects helping companies such as BP and Microsoft reach climate targets have been hit by the massive blazes up the west coast of the US.
When China launched its carbon emissions trading market last week,it instantly became the world’s largest. But its initial impact will be negligible.
If we play our cards right,this could be an opportunity and our emerging low-carbon industries – such as green steel,aluminium and lithium – will thrive.
Australia has already repeated its opposition to the bloc’s proposed carbon tariffs,which could be introduced as soon as 2023.
The European Union has announced the world’s most ambitious response to climate change,and the US and China are not far behind.
Corporate Australia is voluntarily imposing a carbon tax on itself in an effort to keep pace with the global groundswell of ambitious climate action.
Exxon Mobil CEO Darren Woods has apologised after video emerged of one of the oil giant’s lobbyists saying a carbon tax the company has promoted for years is unlikely to happen.
The plan would see smaller harbour ferries - including the River Class fleet - retrofitted with electric engines within five years,while Sydney’s train network would achieve net zero emissions by 2025.