Feed aggregator

German outlines key steps to get to 30GW of offshore wind by 2030 and offshore electricity grid.

The post Germany outlines step to reach 30GW of offshore wind by 2030 appeared first on RenewEconomy.

Amazon has announced it is investing €3 million in CDC Biodiversity’s Fonds Nature 2050 that will support nature and wildlife restoration in France.

Tasmania’s emus were hunted to extinction in the mid-1800s but we could have them back – and their return could help other species survive climate change. Tristan Derham, Research Associate, ARC Centre of Excellence for Australian Biodiversity and Heritage (CABAH) Policy Hub – Training and Education, University of Tasmania Christopher Johnson, Professor of Wildlife Conservation, University of Tasmania Matthew Fielding, Research Associate / Teaching Fellow, ARC Centre of Excellence for Australian Biodiversity and Heritage (CABAH), University of Tasmania Licensed as Creative Commons – attribution, no derivatives.

Critics say millions of dollars are being spent by local governments on offsetting when it should be the last resort

• Follow our Australia news live blog for the latest updates
• Get our morning and afternoon news emails, free app or daily news podcast

Renewed questions are being asked about Australian councils’ use of international projects to offset local carbon emissions, off the back of a Guardian investigation that found 90% of rainforest credits issued by one leading company were likely worthless.

The research into Verra, a world leader in the rapidly growing voluntary offsets market, found that the majority of rainforest offset credits were likely “phantom credits” and do not represent genuine carbon reductions.

Continue reading...

FOI documents reveal tensions between Bowen's office and Snowy Hydro, a call to the utility to be a model corporate citizen in midst of market crisis, and a new solar farm proposal.

The post Bowen pushed Snowy to show “market leadership” on prices through energy crisis appeared first on RenewEconomy.

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

Risen Energy is planning a big four hour battery in the Riverina region of NSW, next to an existing solar farm.

The post Risen Energy proposes new four-hour battery storage facility in Riverina appeared first on RenewEconomy.

Many steel company decarbonisation efforts offer little more than tinkering with existing coal-based technology, and are giving lip service to net zero emissions.

The post “Hard-to-abate” must not become code for delaying steel decarbonisation appeared first on RenewEconomy.

The Kiata wind farm in Victoria may be small, but it is perfectly located, and has topped the rankings of best performing wind farms in 2022.

The post Small Victorian project tops performance rankings of Australian wind farms in 2022 appeared first on RenewEconomy.

Carnegie and Hewlett Packard to continue work on "self learning" technology that will boost output and lower costs of wave energy technology.

The post Carnegie and Hewlett Packard extend deal to develop “self learning” wave energy appeared first on RenewEconomy.

Following COP27, carbon markets are focused on a pricing benchmark. CME Group GEO futures are seeing increased interest as a tool to manage carbon pricing risk.

A forest offset project owned by Indigenous tribes in Oregon has not publicly disclosed unintentional reversals in carbon stock from a large wildfire in 2020, but California regulator ARB maintains the operation has not broken any rules under the state’s cap-and-trade regulation.

RGGI Allowance (RGA) prices gave up some of the prior week’s gains as gas prices and power demand lessened, while traders debated the potential market impacts of a court decision on Pennsylvania's cap-and-trade regulation injunction materialising in the short term.

*PREMIUM LISTING - BioLite seeks a candidate with well-developed quantitative skills, proficient English writing skills and at least three years experience with developing carbon finance projects. BioLite has a portfolio of registered carbon finance projects across 10+ sub-Saharan African countries, with significant expansion expected in the coming years.

The value of the voluntary carbon market (VCM) could approach $1 trillion as soon as 2037 if stakeholders adopt more rigorous quality standards and puts a greater emphasis on carbon removal, analysts said in a report published Monday that said such developments would solidify market confidence, lift prices, and drive demand.

REDD+ avoided deforestation credit prices continued to sink over the past week in the wake of damning reports published in national newspapers about widespread over-crediting in the sector.

Permission to treat sugar beet seeds with a pesticide that can harm bees is given by the government.

It’s far easier to see how the stock market is doing than it is to find out the global price of carbon. That has to change. Bei Cui, Research fellow, Monash University Nga Pham. CFA, Senior Research Fellow, Monash University Ummul Ruthbah, Senior Research Fellow Licensed as Creative Commons – attribution, no derivatives.

From a shipwreck to ancient dunes, these researchers created 3D visualisations of seafloor features around Australia – from as shallow as 22 metres to depths of over 4.8 kilometres. Hannah Power, Associate Professor in Coastal and Marine Science, University of Newcastle Kendall Mollison, Postdoctoral researcher, University of Newcastle Michael Kinsela, Lecturer in Coastal and Ocean Geoscience, University of Newcastle Tom Hubble, Associate Professor, University of Sydney Licensed as Creative Commons – attribution, no derivatives.

A New York-headquartered asset manager substantially ramped up its sales over the last 12 months in a fund that invests in compliance carbon markets worldwide, according to a filing submitted to the US Securities and Exchange Commission (SEC) on Friday.