Toll-road operator Transurban has become the first ASX20 company to have its carbon emissions reductions goals validated under the international science-based targets program.
The world will find an injection against COVID, but there is "no vaccine against climate change", former UN climate chief Christiana Figueres told an Australian briefing today.
An overhauled and rebadged NSW energy efficiency scheme will reward the use of biogas and hydrogen, as well as cuts to peak demand, and will form part of the state's new approach to energy security.
NSW is still committed to net-zero emissions by 2050, but the pandemic has prompted a rethink of how best to get there, according to NSW Energy Minister Matt Kean.
Technological solutions to climate change have become economically viable faster than anticipated, but greater efforts are needed to rapidly deploy them, concludes a new analysis from ClimateWorks.
The federal-NSW energy and emissions deal includes $450 million to help heavy industry adopt low-emissions technology, money from the Climate Solutions Fund for NSW abatement projects, and a reverse auction for electric vehicle infrastructure.