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Showing 331 - 340 of 1761 results for "energy"

Capacity Investment Scheme expansion to jolt renewable energy

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
... the federal government's announcement of an expansion to the Capacity Investment Scheme (CIS) to 32 GW of renewable energy - up from 9 GW - to enable the federal renewable energy target of 82% by 2030. Federal Climate and Energy Minister Chris Bowen ...

BlackRock's Evergreen Infrastructure fund scores US$1bn

ROSE MARY PETRASS  |  TUESDAY, 21 NOV 2023  |  NEWS
BlackRock's core infrastructure equity strategy will invest in energy transition and security, as the open-ended fund makes its first investment to acquire a US commercial and industrial solar and battery platform. With nearly US$1 billion in commitments ...

Don't neglect the SDGs in sustainable finance strategy

RACHEL ALEMBAKIS  |  MONDAY, 20 NOV 2023  |  NEWS
... climate," Reynolds said. "There is recognition obviously about the interlinks between climate and getting to net zero and the energy transition and what we need to do around biodiversity, but I don't really think we're talking a lot about the rest of ...

Only one sector set to meet emissions reduction targets

ROSE MARY PETRASS  |  MONDAY, 20 NOV 2023  |  NEWS
... situation appears even more dire. Climate finance flows have been disproportionately concentrated in the buildings and energy sectors, leaving other critical areas in need of substantial investment. To meet the amount of capital required for the net ...

Corporate net zero plans at odds with anti-climate lobbying

ROSE MARY PETRASS  |  MONDAY, 20 NOV 2023  |  NEWS
... zero, most are weakly aligned to their target and 58% engage in lobbying that contradicts their public goals. Woodside Energy, Chevron, ExxonMobil, Glencore, Nippon Steel Corporation, Repsol, and Stellantis, are among the 21.5% of companies assessed ...

H2Kwinana Hydrogen Hub gets $70m government backing

RACHEL ALEMBAKIS  |  MONDAY, 20 NOV 2023  |  NEWS
... vehicles a year in Australia's heavy vehicle fleet, according to an announcement from the Ministry for Climate Change and Energy. The project involves the installation of hydrogen storage, compression and truck loading facilities and upgrades to the ...

Macquarie opens clean energy arm

ROSE MARY PETRASS  |  MONDAY, 20 NOV 2023  |  NEWS
... world's biggest infrastructure asset manager, Macquarie Asset Management, has launched a $10 billion onshore renewable energy business to attract long-term investment capital. Aula Energy will develop and operate utility-scale wind, solar and integrated ...

La Trobe University inks sustainability-linked loan

RACHEL ALEMBAKIS  |  MONDAY, 20 NOV 2023  |  NEWS
... In August, La Trobe University issued a $175 million green bond designed to fund projects in areas including renewable energy, green building, sustainable water and waste management and other initiatives. The Melbourne-based university's inaugural ...

New tools available to help investors meet Paris Agreement

ROSE MARY PETRASS  |  FRIDAY, 17 NOV 2023  |  NEWS
... Investing Network benchmark A new benchmark from the Global Impact Investing Network finds that impact investments in the energy sector decrease Scope 1 and Scope 2 emissions while boosting energy production. The new benchmark helps investors compare ...

Sustainable bonds underperform on climate targets

ROSE MARY PETRASS  |  THURSDAY, 16 NOV 2023  |  NEWS
... were committed to work on science-based targets, double the proportion among the other issuers. The only exception was the energy sector, for which the Science Based Targets initiative (SBTi) hasn't yet finalised a target-approval methodology. Labelled-bond ...