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EUAs posted moderate gains in low-key Monday morning trading, as traders absorbed margin adjustments for energy contracts while coal prices resumed their climb after big drops last week.

As world leaders gather for the environmental conference, here is our summary of the key terminology

• The complete guide to Cop26
• Who’s who at the climate summit
• John Kerry says Cop26 is ‘starting line for rest of decade’

Cop26 will be the 26th conference of the parties to the UN framework convention on climate change, the parent treaty to the 2015 Paris agreement. More than 120 world leaders are expected to attend, with more than 25,000 delegates from 197 countries, in the biggest diplomatic event on British soil since the second world war.

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Fossil fuel companies have been exploring the potential for fracking in Australia’s Beetaloo sub-basin, but if the Northern Territory state government stands by its recommendations on offset requirements then big-emitting projects will likely be rendered unprofitable, analysts said Monday.

China’s central government has launched a process to establish standards for carbon neutral claims and processes, a move analysts say will likely tighten settings for developing offset credits.

Ecosystem collapse is as much a threat as the climate crisis, but valuing nature will help us meet both these challenges

All eyes are on Cop26 in Glasgow since the climate crisis aroused worldwide attention and compelled more than 120 countries to join the unprecedented global Race to Zero carbon-emissions campaign. But the UN biodiversity conference in Kunming, or Cop15, should not be overshadowed, as biodiversity loss is an equally grave threat to humanity.

Cop15, delayed repeatedly by the Covid-19 pandemic, will take place in two parts, online from 11 October, with more detailed discussions left for April’s meeting in Kunming, China. The conference will convene governments from around the world to agree new goals for nature for the next decade, as global biodiversity losses pose a threat to human wellbeing, affecting food, health and security, and increasing the likelihood of pandemics.

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The government should be supporting green jobs for fossil fuel workers, not deepening our dependency on oil and gas

In three weeks’ time world leaders will gather in my hometown of Glasgow to talk about the biggest threat to our future: the climate crisis. We’ve seen an unrecognisable summer of flooding and extreme heat, and as a result people have lost their lives in Europe and around the world. The crisis is very much upon us.

And yet, incredibly, our prime minister, Boris Johnson, is preparing to sign off on a new drilling permit at Cambo oilfield, west of Shetland. If approved, Cambo would produce 170m barrels of oil and would deepen the climate crisis for decades to come. It would be a staggeringly backward move, going against the science and denying us all the green recovery we’ve been promised.

Peter Capaldi is an actor and campaigner

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The Australian state of Queensland will host a giant green energy manufacturing facility to be developed by Fortescue Future Industries (FFI), the subsidiary of iron ore magnate Andrew Forrest’s Fortescue Metals Group (FMG), in a deal announced jointly between FFI and the Queensland government over the weekend.

The Prince of Wales tells the BBC he sympathises with protesters - but any action must be constructive.

Exclusive: executives demand meaningful action to protect ecosystems as UN biodiversity summit opens

World leaders must do more to prevent the destruction of nature, business leaders have warned before a summit in China that aims to draw up a draft UN agreement for biodiversity.

In an open letter, the chief executives of Unilever, H&M and nine other companies have called on governments to take meaningful action on mass extinctions of wildlife and the collapse of ecosystems or risk “a dead planet”.

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The Business Council and the Murdoch media come out in support of the green transition, but they can't sway the ideological monster they created.

The post Not even the BCA or Murdoch papers can divert Taylor from his love of gas appeared first on RenewEconomy.

Huawei to announce joint actions across the energy and ICT industry chain to unlock green energy potential for a low-carbon smart society.

The post Huawei Global Digital Power Summit 2021 set to open on October 16 in Dubai appeared first on RenewEconomy.

Victoria Big Battery sets new benchmark for a battery charge and discharge as it continues to ramp up testing.

The post Victoria Big Battery sets Australian output record as it ramps up testing appeared first on RenewEconomy.

Japan’s environment ministry has agreed to co-fund a demonstration project that will see green hydrogen produced in Australia transported to and utilised in Indonesia, where it will earn carbon credits under the Joint Crediting Mechanism (JCM).

FFI and Incitec Pivot plan biggest green ammonia facility in Australia, replacing gas with product fuelled by wind and solar.

The post Fortescue plans Australia’s first major green ammonia plant near Brisbane appeared first on RenewEconomy.

The Commonwealth Bank of Australia (CBA) has invested A$15 million ($11 mln) in trading platform Xpansiv to help build infrastructure for Australia’s voluntary offset market, ahead of the exchange launching an ACCU contract in the first half of 2022.

The Morrison government's push for more fracking in the Beetaloo Basin could leave the NT government with a staggering $22 billion carbon offset bill.

The post ‘Gas led recovery’ could leave NT taxpayers with a $22 billion offset bill, Reputex finds appeared first on RenewEconomy.

Even by the standards of the Minerals Council of Australia (MCA), the new report published by the country’s most influential coal lobby on the subject of small modular nuclear reactors (SMRs) is jiggery-pokery of the highest order. Why would a mining industry body promote SMRs? After mining for some years — or at most decades — […]

The post Small nuclear reactors, huge costs appeared first on RenewEconomy.

Shortfall strategies and voluntary demand are having an interesting impact on the LGC market, while lockdowns impacted PV installations and STCs.

The post Renewable energy market report: Lockdowns, bottlenecks and voluntary demand appeared first on RenewEconomy.

Research in Scotland shows electromagnetism mesmerises crabs and causes biological changes that could alter migration

Underwater power cables mesmerise brown crabs and cause biological changes that could affect their migration habits, scientists have discovered.

The cables for offshore renewable energy emit an electromagnetic field that attracts the crabs and causes them to stay where they are.

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Tourists flock to California’s famous sequoia trees, but wildfires are threatening their existence.