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The Australian Greens Party has thrown its support behind the government’s energy price control legislation, in exchange for an electrification package it says will accelerate the country’s decarbonisation efforts.

An industry association for China’s iron and steel sector has released a set of draft requirements for emissions accounting and reporting,  as the ETS-destined industry is gearing up for its participation in the national carbon market.

Only four companies participated at Wednesday’s monthly KAU auction, with the clearing price dropping to a record low as traders await clarity on when the Korean carbon market will be aligned with the nation’s increased ambition under the Paris Agreement.

A group of 150 financial institutions with more than $24 trillion in assets under management on Tuesday called for delegates at COP15 in Montreal to secure an ambitious Global Biodiversity Framework for the post-2020 period, with clear targets to halt and reverse nature loss.

EU legislators reached a provisional deal early Wednesday on the REPowerEU package to accelerate the bloc's exit from Russian fossil fuels, agreeing that the €20 billion tranche financed from ETS auctions will come from a mix of the Innovation Fund and frontloaded member state-designated allowances but also involving an intervention with the supply-balancing MSR, according to two senior MEPs including Peter Liese.

Exclusive: In her first interview since being released from prison, Coco recalls how bushfires three years ago sparked her epiphany

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Deanna “Violet” Coco never imagined that she would end up in jail.

Three years ago Coco was an entrepreneur, living in Sydney and running an events management business. She had “never considered” engaging in the kind of protest which currently sees her facing a maximum of 15 months in prison.

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South Korea should use its influence as a global maritime leader to accelerate decarbonisation of the sector with a raft of policy measures that include expanding the scope of its own emissions trading scheme to include shipping, a joint report from two green policy think-tanks released on Wednesday said.

Independent energy retailer Amber acquires Australia’s number one rated energy monitoring app, Powerpal, in a deal worth $9.5 million.

The post Smart solar retailer Amber buys energy monitoring app Powerpal appeared first on RenewEconomy.

WA grid hits new record of 84 per cent renewables share on Monday, mostly from rooftop solar.

The post “Epic stuff:” Renewables reach 84 pct share of world’s biggest isolated grid appeared first on RenewEconomy.

Labor strikes deal to develop "significant" home electrification package with Greens in return for support for its move to cap coal and gas prices.

The post Greens support gas price cap with deal to help people get off gas appeared first on RenewEconomy.

A global carbon exchange traded fund (ETF) began trading on Australia’s local bourse Wednesday, part of larger trend of companies wanting to track allowance prices in the world’s emissions trading schemes.

As Europe edges closer to implementing a carbon border adjustment mechanism, the risk to Australia of being edged out of some major export markets becomes more real.

The post Fossil Australia at risk of “domino effect” as EU moves ahead on carbon border tax appeared first on RenewEconomy.

A new paper explores how a carefully controlled fuel reduction burn killed 17 critically endangered western ringtail possums. Philip Zylstra, Adjunct Associate Professor at Curtin University, Research Associate at University of New South Wales, Curtin University Licensed as Creative Commons – attribution, no derivatives.

Researchers say previous studies mistook the organs on female snakes as scent glands or under-developed versions of penises

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Female snakes have clitorises, scientists have detailed for the first time in a study of the animal’s sex organs.

The scientists say previous research had mistaken the organs as scent glands or underdeveloped versions of penises, in a study that criticised the comparatively limited research into female sex organs.

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Carmichael coal was supposed to alleviate energy poverty in south Asia, but instead Bangladesh will be paying twice as much as forecast.

The post Adani’s Carmichael coal mine is not alleviating energy poverty in Asia, it’s making it worse appeared first on RenewEconomy.

As an associate, you will advise clients on the development of agricultural land carbon offset projects around the world. You will report to TerraCarbon’s Senior Manager of Agricultural Land Management. Your work will help drive funding to small and large agricultural producers to adopt agricultural practices that improve soil health, increase carbon storage, and build resilience to climate change.

The contract for the giant Waratah super battery, described as the biggest in the world of its type, will remain secret for now, and the regulator is not happy.

The post Contract for “world’s most powerful battery” blacked out, and the regulator is not happy appeared first on RenewEconomy.

Will a plan to protect 30% of the planet for nature by 2030 be agreed and how will it work?

Cutlery, plates and polystyrene cups reportedly set to be banned in England after a consultation

Single-use plastic items including cutlery, plates and polystyrene cups are reportedly to be banned in England by the UK government after a consultation.

Thérèse Coffey, the environment secretary, is poised to unveil plans to phase out the items and replace them with biodegradable alternatives in the coming weeks, the Financial Times reported.

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