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Nearly 10 years after network "gold plating" was pinpointed as a major contributor to bloated power prices in Australia, experts are warning that it will happen again unless urgent reforms are made.

The post History repeating itself: Urgent reform needed to prevent new round of grid gold plating appeared first on RenewEconomy.

Carbon border adjustment mechanisms (CBAMs) offer little in the way of reducing emissions in developing countries, and even alongside carbon taxes won't be enough for those countries to reach net zero, according to a working paper published earlier this month.

The James Webb Space Telescope smashes its own record for detecting the most distant known galaxy.

The James Webb Space Telescope smashes its own record for detecting the most distant known galaxy.

A public spat has flared up over the Kariba REDD+ project in Zimbabwe, with standards body Verra warning that it will not let the developer, a "self-professed bad actor, ... to make a clean getaway, leaving others holding the bag".

The designer of the world's tallest building are looking at plans to build kilometre-high skyscrapers to provide energy storage, even in CBDs.

The post Designer of world’s tallest building wants to build kilometre-high skyscrapers for energy storage appeared first on RenewEconomy.

Biomethane with carbon capture, a kind of carbon removal, is poised to scale in Europe and will benefit from pro-CCS policies, but overlapping regulations at the EU and national level must coordinate to make these opportunities accessible, a German advisory firm told Carbon Pulse.

For more than three decades, Jane Goodall has inspired generations of conservationists through her youth-led action program Roots & Shoots. Now it’s time to take this approach into schools. Mahima Kalla, Digital Health Transformation Research Fellow, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

The delayed Q2 California-Quebec current vintage carbon auction settled at a discount to secondary market prices and well below trader expectations.

Energy ministers from the EU's 27 countries believe that work has just begun on making the Green Deal a reality, with the next five years crucial to the implementation of climate and environmental policies across the bloc.

Existing fossil fuel projects are enough to meet global energy demands in a global transition to net zero, researchers at UCL and the International Institute for Sustainable Development (IISD) have found.  

Researchers say world has enough fossil fuel projects planned to meet demand forecasts to 2050 if net zero is reached

The world has enough fossil fuel projects planned to meet global energy demand forecasts to 2050 and governments should stop issuing new oil, gas and coal licences, according to a large study aimed at political leaders.

If governments deliver the changes promised in order to keep the world from breaching its climate targets no new fossil fuel projects will be needed, researchers at University College London and the International Institute for Sustainable Development (IISD) said on Thursday.

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Article 6 negotiators and voluntary carbon market (VCM) standards could justifiably exclude some renewable energy projects out of hand due to additionality hazards, but others require careful case-by-case consideration, say watchdogs and stakeholders who spoke to Carbon Pulse.

Verra has extended the suspension of Rimba Raya’s registry account amid continuing uncertainty about the future of the voluntary carbon REDD project in Indonesia, it told Carbon Pulse Thursday.

Policy credibility is crucial for carbon prices in the EU Emissions Trading System to be high enough to efficiently incentivise emission reductions in the long term, according to a study published in Nature Energy.

Weak carbon pricing in the EU Emissions Trading Scheme (ETS) is continuing to limit the incentive for polluters to decarbonise, according to a new report published Thursday.

Saudi Arabia will fund Kenya's planned switch to cooking with liquefied petroleum gas (LPG) stoves instead of those burning firewood, charcoal, and kerosene in return for carbon credits, according to local media sources.

An environmental impact platform and a payments network have closed their call for proposals set to identify innovative finance projects, saying they seek to fund initiatives in the emerging biodiversity credit market.

Swedish company Qarlbo Biodiversity has revamped the methodology that saw a local bank last year pick up Europe’s first voluntary biodiversity credits and on Thursday announced five new pilot projects along with plans to invest in projects globally.

Sudden cut in pollution in 2020 meant less shade from sun and was ‘substantial’ factor in record surface temperatures in 2023, study finds

The slashing of pollution from shipping in 2020 led to a big “termination shock” that is estimated have pushed the rate of global heating to double the long-term average, according to research.

Until 2020, global shipping used dirty, high-sulphur fuels that produced air pollution. The pollution particles blocked sunlight and helped form more clouds, thereby curbing global heating. But new regulations at the start of 2020 slashed the sulphur content of fuels by more than 80%.

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