Australian Energy Execs Banking Millions On Unburnable Fossil Fuel Exploration

A new report has revealed the numerous multi-million dollar bonuses awarded to Australian and international fossil fuel company executives who are able to explore and expand fossil fuel reserves — reserves which are unburnable under any legitimate two-degrees climate scenario. Australia-based environmental finance campaigners Market Forces, an affiliate of Friends … [continued]

Australian Island To Be Powered By World-First Island Microgrid With Wave, Solar, & Energy Storage

An Australia-based wave energy company has received governmental funding to proceed with building what would be the world’s first renewable energy island microgrid which would include wave energy, solar energy, and energy storage. Perth-based wave energy developer Carnegie Wave Energy Limited announced this week that it had been awarded $2.5 … [continued]