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The EU’s current biomass policy is causing a ‘carbon bomb in the heart of Europe’ warns an environmental group ahead of an upcoming revision of the policy, encouraging a high CO2 polluting power company to burn more wood and escape the clutches of mitigation in the bloc’s Emission Trading System (ETS).

A US forestry project has been awarded a low chance of avoiding a tonne of CO2 by a rating agency because of a significant risk of additionality and over crediting.

Major oil companies are over-exaggerating their green credentials in a splurge of advertising because only around a tenth of their capital expenditure is spent on low-carbon activities, a new report has concluded. 

EUAs tumbled early in the day to a new six-month low as the market reacted to a proposal by the largest bloc in the European Parliament to fast-track sales of EUAs from the market stability reserve, while energy prices extended losses for a second day as ministers prepared to discuss emergency relief measures for consumers facing soaring power and gas costs.

Endangered animal caught by ZSL camera intended for hedgehogs in woodland in south-west of capital

A pine marten has been spotted in London for the first time in more than a century after being pictured on a camera trap installed to monitor hedgehogs.

The endangered mustelid was driven to extinction in England a hundred years ago and was only sighted again for the first time in the Shropshire hills in 2015, remaining an extremely rare animal.

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Fraudsters pretending to be staff or trading members at a carbon exchange in China have been seeking out people on social media to sell low-value carbon assets at extortionate prices, it emerged Thursday.

Heatwaves and a record drought drove record heat all over Europe this summer, according to satellite data.

The Australian parliament has formally adopted its first climate change legislation in over a decade with the Senate voting in favour of the Labor government’s climate bill on Thursday, which commits Australia to targeting a 43% cut in GHG emissions from 2005 levels by 2030 as well as net zero emissions by 2050.

Eggs from chickens kept indoors due to bird flu outbreaks could still be labelled free range, raising concerns among UK producers

Eggs produced in the EU could continue to be labelled as “free range”, even if the birds are not allowed outside, under new proposals.

The European Commission has put forward plans for scrapping the time limit on the marketing of eggs as free range if chickens are forced to be housed to reduce the risk of outbreaks of bird flu.

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The 1m lines from pots used to catch the crustaceans are one of the two main threats to the whales, of which fewer than 340 remain

Lobster nets and pots have become such a threat to the survival of critically endangered North Atlantic right whales that the crustaceans have been “red-listed” as seafood to avoid by a major fish sustainability guide.

Fewer than 340 of these whales exist today, including only 80 breeding females. The population is estimated to have dwindled by 28% over the past decade.

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Project proponents in Australia’s offset market increased their Australian Carbon Credit Unit (ACCU) holdings by almost 50% in the first half of the year even though new issuances fell slightly, data released on Thursday showed, though the Clean Energy Regulator was cautious to explain it with the fixed ERF delivery exit arrangement announced in March.

Japanese trading powerhouse Mitsui has signed a joint agreement with oil and gas major Shell to explore the technical and commercial feasibility of carbon capture and storage (CCS) development in the Asia-Pacific region, the two companies announced on Thursday.

Communities secretary also defends decision not to extend windfall tax as Liz Truss unveils support package

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Plans to increase shale gas supplies by ending the moratorium on fracking are not a “miracle solution”, the communities secretary has conceded before plans to curb spiralling energy bills this winter are announced.

Simon Clarke said the government had to be “pragmatic” but added that “community consent” would “lie at the heart of our energy policy”.

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How will she deal with the issue if a windfall tax is off the cards?

Every year, air pollution kills 2,600 Australians. Australia’s new climate policy regime must account for this and other harms climate change wreaks on society. Thomas Longden, Fellow, Crawford School of Public Policy, Australian National University Richard Norman, Associate Professor in Health Economics, Curtin University Sotiris Vardoulakis, Professor of Global Environmental Health Tom Kompas, Professor of Environmental Economics and Biosecurity, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

The Environment Protection Authority (EPA) of Australia’s New South Wales (NSW) state government will consider market-based approaches, such as fees, targeted caps, offsets, or a trading scheme as potential future options to help implement its climate change action plan released on Thursday.

BP, Chevron, ExxonMobil, Shell and TotalEnergies spend $750m a year burnishing climate credentials but only 12% of capital on low-carbon development

Big oil and gas companies are spending tens of millions on adverts publicising their environmental work, while only about a 10th of their investment goes into low-carbon development, a report claims.

A comprehensive study of public communications from five oil and gas firms by InfluenceMap, a climate finance thinktank, found that 60% of the ads made at least one claim highlighting the companies’ positive climate actions. But on average, the five companies devoted only 12% of capital expenditure to low-carbon activities – and this included some gas projects.

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Igneo Infrastructure Partners wins auction to buy 60% stake in the Lal Lal wind farms in Victoria, and is looking at more transactions.

The post Atmos looks to battery storage projects after buying Victoria wind farms appeared first on RenewEconomy.

BlueFloat Energy and Energy Estate announce major boost to capacity of the offshore wind farm they propose to build in the Gippsland Bass Strait region.

The post Offshore wind plans boosted as developers fathom full Gippsland potential appeared first on RenewEconomy.

All-Energy Australia, Australia’s largest clean energy event, will have a content stream focused entirely on hydrogen and hydrogen technologies.

The post Is hydrogen vital to Australia’s energy and economic future? Find out at All Energy Australia appeared first on RenewEconomy.