Climate change

A class action is appealing a ruling that found the federal government owes no duty of care to Torres Strait Islanders to protect them from the effects of climate change, with experts predicting the High Court may ultimately decide the issue. 

Environment minister Murray Watt has resisted calls to split proposed legislation that would overhaul the country's environment laws to allow business-friendly parts of the law to move forward first.

Projects by AGL and Tilt Renewables are among 20 clean energy developments to win underwriting agreements by the Albanese government in the latest tender under the capacity investment scheme.

The federal government has announced its plan to reduce emissions by between 62 and 70 per cent on 2005 levels by 2035, a target the Climate Council has described as “timid".

Australian Retirement Trust, a superannuation fund which manages over $350 billion in retirement savings, will sink nearly $1 billion into a Macquarie fund that's investing in solar, wind and energy storage projects.

Climate investment firm Wollemi Capital has closed the acquisition of MPower, a transaction that will pave the way for a $100 million pipeline of renewable energy projects.

Woodside's North West Shelf gas project will be extended until 2070, after receiving approval from the environment minister.

Woodside's North West Shelf gas project looks set to be extended until 2070, with Prime Minister Anthony Albanese signalling the federal government's approval was a sure thing.

ASIC has proposed that companies be required to disclose the basis for any forward-looking statements concerning climate, as part of new reporting obligations set to take effect next year.

Trial has been set for next May in a case by Australian parents that accuses EnergyAustralia of engaging in misleading conduct in promoting a "carbon neutral" program, a case that puts carbon offset credits under scrutiny.