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A large volume of African cookstove carbon credits have traded above $7.50, a source told Carbon Pulse on Tuesday, underlining the sector’s resilience in the wake of a recent academic paper that claimed over-crediting was rife.

A Montreal-based investment management firm has launched one of the first biodiversity-focused funds in Canada, seeking to channel resources towards the preservation of nature.

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Three voluntary carbon market firms have appointed new members to their senior leadership teams, they said this week.

Sultan Al Jaber, an oil executive, calls for governments to be ‘honest’ about costs involved in transition to net zero

The problem of the ever-growing demand for power must be addressed if the world is not to risk descending into “energy turmoil” as it transitions towards clean energy, according to the president of last year’s Cop28 summit.

In a discussion hosted by the International Energy Agency, Sultan Al Jaber warned governments that they must be “honest and transparent” about the potential costs of transition, and the trade-offs involved in transforming energy supplies.

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The Economic Community of West African States (ECOWAS) has stepped towards drafting a regional plan to implement the Kunming-Montreal Global Biodiversity Framework (GBF), as the organisation seeks to lead the way on nature conservation.

More than 70 European industrial leaders put out a mayday call for help on Tuesday, including through public funding and simplified state aid, to keep low-carbon production within the EU. 

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The environment watchdog says recycled mulch at the centre of New South Wales’ contamination crisis has been found to contain “construction and demolition waste” in contravention of state rules – as well as asbestos.

The Environment Protection Authority (EPA) found the waste alongside asbestos when testing mulch it said was produced by Greenlife Resource Recovery and used at the Prospect Highway upgrade in Blacktown, Guardian Australia can reveal.

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A climate tech startup is partnering with a chemical producer for the distribution and sale of its first product – a carbon-negative version of acetic acid made using CO2 captured from large emitters.

Shell retired voluntary carbon credits worth around $16.3 million in January as it continued to hog the top spot in retirement activity for the second month in a row, but the energy giant was middle of the pack in terms of value per credit, data showed.

European carbon prices were modestly higher on Tuesday morning as sellers took a break after Monday's big drop, stepping back from the market ahead of the fortnightly break in the auction programme on Wednesday, while energy markets also rallied.

Rooftop solar coupled with batteries will be critical to helping Governments reach their emission reduction goals. 

The post Four reasons rooftop solar will grow to dominate Australia’s electricity market appeared first on RenewEconomy.

A Danish energy developer and a Copenhagen-headquartered nature conservation organisation have teamed up to bolster the protection and restoration of local biodiversity through ensuring that new renewable energy projects will positively impact nature.

Sunak becomes first PM to address conference since Gordon Brown in 2008, as Tories court farming sector

Rishi Sunak has told farmers “I have your back”, at the National Farmers Union conference, as he promised to “change the culture” in government around farming.

Sunak was the first prime minister to address the NFU conference since Gordon Brown in 2008, and took three Defra ministers with him to put the Conservative case to farmers.

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Federal tests of one-third of water systems find 70 million Americans exposed to PFAS – suggesting 200 million affected overall

About 70 million people are exposed to toxic PFAS “forever chemicals” in US drinking water, new testing from the Environmental Protection Agency has found.

But the testing completed to date has only checked about one-third of the nation’s public water systems, meaning the agency is on pace to find over 200 million people are exposed, or at least 60% of the US population.

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Senior members of the UAE, Azerbaijan, and Brazil governments, the hosts of the three UN COP summits between 2023 and 2025, outlined the focus of a recently announced 'troika' partnership at an IEA event on Tuesday, as the agency also revealed plans to raise cash later this year to solve clean cooking in Africa "for once and for ever" as well as a new climate pledge-tracking mechanism.

Friends of the Earth dismisses government’s revised climate action plan as a ‘pipe dream’

UK ministers are facing court for a second time over plans to meet legally binding climate targets, after environmental groups branded revised measures “a complete pipe dream”.

The government has already been forced to change its climate action plan after a legal challenge by environmentalists, but the same groups are taking it back to court over updated plans they say are “riddled with holes and relian[t] on risky techno-fixes”.

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The UK government’s climate action plan will come under fire in the High Court this week, in a case brought by three NGOs arguing that it is in breach of the country’s legally binding target for net zero emissions by 2050.

Limited resources, inadequate policies, and governance issues are preventing the market under Article 6 of the Paris Agreement to gain foothold in South Asia, a study released this week found.

Astronomers report an object that shines with a brightness equivalent to 500 trillion suns.