The path to sustainable aviation is encountering some turbulence. With Universal Hydrogen going belly up, sustainable aviation fuel (SAF) projects stalling, and AirNZ scrapping their interim 2030 climate targets, it’s clear the sector is struggling to navigate the challenges facing this emerging field. The aviation sector currently contributes to 2.5% of global carbon emissions. Yet, as… Read more »
The Australian Senate passed the new laws last week, setting in place a new climate-related financial disclosure regime that kicks off at the start of 2025 for Australia’s biggest companies, then trickling down to others in the coming years. While the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 doesn’t sound like… Read more »
The annual Australian Renewable Energy Agency (ARENA) Renewables Startup Showcase will return to Sydney in November and the hunt is now on for startups looking for investment to take part. Innovation Bay, the membership community for technology founders and investors, is collaborating with ARENA for the fifth year of the event, on Thursday, November 21.… Read more »
The wildly ambitious SunCable renewable energy project, which plans to build Australia biggest solar farm in the Northern Territory, has been approved by the federal government. Officially known as the SunCable Australia-Asia PowerLink (AAPowerLink), the 12,000 hectare solar farm – that’s 3000x the MCG precinct – will be built on a pastoral station between Elliot… Read more »
Ten startups tackling emissions challenges ranging from industrial heat to passive cooling solutions, energy storage and electric aviation, having been selected for EnergyLab’s 2024 climate solutions accelerator. EnergyLab is ANZ’s largest climate tech startup accelerator and innovation network dedicated to reaching net zero emissions and has supported more than 180 startups and 125 aspiring founders… Read more »
A startup developing cheaper, copper-based solar panels, and backed by Australian tech royalty, has shed jobs and changed its executive leadership as part of a major restructure of the business SunDrive’s investors include Atlassian founder Mike Cannon-Brookes, VCs Blackbird and Main Sequence, the federal government-backed Australian Renewable Energy Agency (ARENA) and Clean Energy Finance Corporation,… Read more »
Climate startup Goterra is continuing to kick goals in industry collaborations, with the country’s largest hotel, the 878-room Hyatt Regency Sydney, installing the modular food waste management system onsite. It’s the second version of Goterra’s compact unit, which can also be found at Melbourne Airport, where fly larvae munch through more than two tonnes of… Read more »
Electric vehicles are an increasingly common sight on Australian roads. Each one cuts carbon emissions by half compared to fossil fuel vehicles, but increases household electricity use by 50%. This extra electricity demand could be a major strain on the grid unless the charging of vehicles is coordinated. But the large batteries in electric vehicles… Read more »
The City of Sydney is hoping to turn up to 600 tonnes of food waste into animal feed and fertiliser as part of a year-long trial with climate tech startup Goterra. Goterra recycles food waste using modular maggot-based robotic systems. Founder Olympia Yarger developed the system, which uses black soldier fly larvae to eat through… Read more »
Just last year, data suggested plug-in hybrid cars were on the way out in Australia. But they’re back. New data shows plug-in hybrids and conventional hybrids combined have overtaken battery electric vehicle sales in the first quarter of 2024. The trend continued during April and May. In the first quarter last year, hybrids accounted for… Read more »
You might think government debt is bad, but it actually plays a crucial role in modern finance. Back when he was treasurer, Peter Costello famously declared that April 21 2006 would be known as Australia’s “Debt Free Day”. On this day, he proclaimed, the Commonwealth would eliminate its net debt and “pay off the mortgage”.… Read more »
Homeowners and businesses will be offered up to $2400 by the NSW government to install a battery to store solar under a new incentive program kicking off later this year The new incentive is part of the Peak Demand Reduction Scheme and includes: Between $1600 and $2400 off the up-front installation cost of a household… Read more »
Design giant Canva has partnered with US sustainability and carbon reduction platform Watershed to cut the impact of its energy use with renewables. The deal, announced at the annual Canva Create conference, being held in the US for the first time, will tackle what are known as scope 3 emissions. They can cause up to… Read more »
Brisbane solar battery startup Redback Technologies is out of voluntary administration after two months with new owners in charge. Fintech Australia Ebon has put an initial $500,000 into the business after creditors approved a deed of company arrangement (DOCA) earlier this month to allow Redback, founded in 2015, to trade its way back to profitability,… Read more »
India is now the third largest fintech industry in the world, with 1.4 billion people making 135 billion digital transactions last year. That makes it ripe territory for Australian startups, such as FootprintLab, looking to expand globally. Sydney-based cleantech FootprintLab has a product in global demand: credible, up-to-date and commercially useful carbon footprint data. Regulators,… Read more »
Brisbane’s Felons Brewing Co is hitting Sydney 
New research concludes you can change your personality with tweaks to what you think and do 
Australia suddenly leads the world with new loot box and gambling laws. Here’s what that means 
Event management platform Attekus ends 7-year bootstrapping run with $5 million raise 
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