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Two blockchain firms have announced a partnership that will enable a two-way bridge for tokenised Toucan Protocol carbon credits across their networks in a move that aims to eliminate fears of double counting and drive liquidity in the crypto carbon space.

South Korea’s monthly CO2 auction cleared on Wednesday at a price slightly above March’s sale, though still failed to sell out amid bearish sentiment that could last throughout the remainder of the 2022 compliance year.

A capital markets technology platform has teamed up with a startup involved in oceanic carbon capture to pioneer a new technology to trap CO2 emissions for sequestration, they announced on Wednesday.

Proposal expected to be unveiled on Wednesday would require at least 54% of new vehicles sold in US to be electric by 2030

The Biden administration will propose strict new automobile pollution limits requiring that all-electric vehicles account for as many as two of every three new vehicles sold in the US by 2032 in a plan that would transform the US auto industry.

Under the proposed regulation, expected to be released by the Environmental Protection Agency (EPA) on Wednesday, greenhouse gas emissions for the 2027 through 2032 model years for passenger vehicles would be limited to even stricter levels than the auto industry agreed to in 2021.

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Greenpeace report finds heavy machinery made by South Korean firm contributing to destruction of Brazilian rainforest

Hyundai is being urged to prevent its heavy machinery products from being used in illegal mining and environmental destruction in the Brazilian Amazon.

A report published by Greenpeace on Wednesday found the South Korean conglomerate’s excavators and other heavy machinery are precipitating the destruction of the rainforest and putting the survival of Indigenous populations at risk.

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China has released a set of guidelines for government agencies and companies to evaluate risk and compile feasibility studies of their investments, recommending them to include emissions analysis and corresponding solutions from May onwards.

Leading container shipping company CMA CGM ordered 16 large dual-fuel container ships this week from China State Shipbuilding Corporation that can be powered by either methanol or LNG, with non-profit groups welcoming the accelerated move towards greener fuels but also warning the industry from deploying LNG-fuelled ships as a shorter-term measure to reduce dependence on dirty fuel oil.

The Island-Ocean Connection Challenge (IOCC) has picked a first batch of eight Pacific islands for ecosystem restoration projects, with a view to expanding that number to 40 by the end of the decade.

Hybrid vehicle pollution and van traffic update adds 26 megatonnes of carbon emissions to Department for Transport decarbonisation plan

The UK’s net zero targets will be missed because of a planned “road-building spree” by the Department for Transport, campaigners have said.

Officials had to edit the department’s “transport decarbonisation plan” to add 26 megatonnes of carbon emissions because of an oversight regarding polluting hybrid vehicles, and projections for an increase in van traffic.

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Australian governments must do all they can to crowd-in private capital at the scale and speed required to deliver on our energy and climate objectives.

The post For a 1.5°C aligned electricity sector we need capital – and for capital, we need policy appeared first on RenewEconomy.

Tesla big battery no longer biggest in its own state as AGL's Torrens Island big battery finally obtains its connection agreement.

The post Tesla big battery loses “biggest” title as Torrens Island finally ready to charge up appeared first on RenewEconomy.

Canadian renewables developer tapped to lead development of a huge, gigawatt-scale green hydrogen and ammonia production project in Australia.

The post Amp Energy wins bid for massive 5GW green hydrogen and metals plan appeared first on RenewEconomy.

For a full year, four people will live in a simulation of the planet to help Nasa prepare for human exploration there.

A daily summary of our news plus bite-sized updates from around the world.

Another strong month of rooftop solar installs – and an increase in the average system size – puts the market 20% ahead of where it was this time last year.

The post Rooftop solar keeps bouncing back, as households pile on the panels appeared first on RenewEconomy.

Tesla expands its Megapack manufacturing operations to outside the US for the first time – to a location that promises to shore up Australian supply.

The post Big battery boost as Tesla plans second Megapack factory in Shanghai appeared first on RenewEconomy.

Offshore wind giant inks deal to source highly sought after rare earth materials from Australia, critical to the mass production of turbines.

The post Siemens Gamesa taps Australian mine for rare earths critical to offshore wind boom appeared first on RenewEconomy.

Rise in wind and solar energy means that use of coal, oil and gas may have peaked for energy production.

Growth in wind and solar output expected to exceed demand growth for first time in 2023 outside of a recession year, signalling "beginning of the end" of fossil fuels.

The post “Beginning of the end of fossil fuels” as wind and solar take centre stage appeared first on RenewEconomy.

Even as analysts expect 2022 will represent the peak of emissions in the global power sector, G7 nations are still fighting over a timeline for the phase out of their coal power use.