Skip to main content

Sydney, Australia (AFP) – Coal generated less than 50 percent of Australia’s electricity in the last week of August, dropping to a record low as renewable production surged, data showed Wednesday.

According to market monitor Open-NEM, coal generated 49.1 percent of the country’s electricity, while renewables accounted for 48.7 percent as storms boosted wind production.

lec-arb/mca

© Agence France-Presse

Featured image credit: kjpargeter | Freepik.com

COP29 must show global climate cooperation ‘not down for the count’: UN chiefNews

COP29 must show global climate cooperation ‘not down for the count’: UN chief

Baku, Azerbaijan | AFP - COP29 must show that global cooperation "is not down for the count", the UN's climate chief said Monday, days after…
SourceSourceNovember 11, 2024 Full article
Summer 2023 was the hottest in 2,000 years: studyNews

Summer 2023 was the hottest in 2,000 years: study

By Linda GIVETASH | AFP Paris, France - Last year's northern hemisphere summer was the hottest in 2,000 years, according to a new study published…
SourceSourceMay 14, 2024 Full article
Image: Selective Focus Photo of Stacked Coins
Emerging markets’ financial sector faces urgent climate financing gaps, World Bank report revealsNews

Emerging markets’ financial sector faces urgent climate financing gaps, World Bank report reveals

A new World Bank report reveals that nearly 60% of banks in Emerging Market and Developing Economies (EMDEs) allocate less than 5% of their lending…
Adrian AlexandreAdrian AlexandreAugust 30, 2024 Full article