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A veteran project developer has teamed up with a blockchain marketplace to underline the ongoing inroads of decentralised finance and digitalisation in the voluntary carbon market (VCM) that threatens to undermine traditional intermediaries.

Lib Dems say investment will end up on customers’ bills and public will be paying for executives’ bonuses

The UK government’s strategy to tackle sewage discharges is a “cruel joke”, critics have said, after ministers laid out plans to stop the pollution.

George Eustice, the environment secretary, announced that water companies would have to invest £56bn over 25 years into a long-term programme to tackle storm sewage discharges by 2050.

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Analysts told Carbon Pulse that higher coal burn will keep support for EUA prices despite a rising number of industrial shutdowns across Europe due to fresh record highs across power and gas markets that will dent demand for emissions allowances.

A New York-based logistics real estate firm on Thursday announced a nearly $5 million investment into a nascent forest carbon offset programme for small landowners, a move expected to generate hundreds of thousands of VERs.

Peter Purves says innovation to cut waste is a disaster for amateur arts and crafts

Peter Purves has decried the invention of tubeless toilet rolls as a “complete catastrophe” as it deprives the public of a key component of amateur arts and crafts.

Loo paper brand Cushelle has become the first company to remove the cardboard inner tube from its packaging in an attempt to reduce waste.

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A journey down the waterway in an area of outstanding natural beauty highlights troubles facing UK rivers

The thick mist hangs low over the high moor where the river rises from a boggy wilderness. It rushes over granite slabs and waterfalls down rocks, pooling alongside small oaks amid the coconut tang of yellow gorse, before picking up pace once more, fed, at last, by a few days of rain.

Twenty-three miles downstream its brackish flow swooshes at pace into a steep-sided estuary where paddleboarders ride the tidal motion and surfers run into the swell of Bigbury Bay.

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European carbon traded sideways for a third day on Friday as market participants complained of a lack of direction, even as energy prices continued to race to new records as Europe faced the prospect of energy shortfalls this winter.

Primary supply in the voluntary carbon market (VCM) has continued to thin this month amid ongoing backlogs at key registries, helping lift offset prices from the bear market earlier in the summer.

The Malaysian state of Sarawak’s forthcoming framework for generating offsets from forest carbon activities must learn from international examples as well as comply with standards that are set globally, the region’s premier, Tan Sri Abang Johari Openg, said on Friday.

‘Really lousy’ garden wins contest on island of Gotland that aims to promote water conservation

Residents of Sweden’s largest island have been competing to determine which of them has the ugliest lawn.

The competition is an effort by the municipality of Gotland to promote water conservation. After the island, located in the middle of the Baltic Sea, received a record-breaking number of visitors and residents last summer, its politicians realised that it needed to make drastic changes to save its water supplies. Gotland’s population doubles during the summer months and this places a heavy demand on water reserves and limited groundwater supplies.

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Exclusive: Experts warn drought could be start of three-year cycle with dire impacts on wildlife and environment

River-flow rates in England have been lower this summer than at any time in the past 21 years, data has shown, and could be much worse next year, with dire impacts on wildlife and the natural environment, conservation experts have warned.

Analysis since 2002 of England’s groundwater, reservoir levels and river flows – three key indicators for the severity of drought, and for river health – shows that July this year was the worst in that period.

Tell us what you think about the Guardian’s climate reporting – it takes just two minutes

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Weekly trading volume in China’s national emissions market fell below 100,000 units over the past week, as the lack of policy direction continues to mute trading activity.

Australia will introduce a biodiversity crediting scheme which will operate in parallel with the nation’s carbon offset market, Prime Minister Anthony Albanese announced Friday, as minting of new Australian Carbon Credit Units (ACCUs) came off from recent lofty levels.

Australian power and gas company Origin Energy has set a new target to reach net zero Scope 1-3 emissions by 2050, as well as raised its short and medium term emissions targets for 2023 and 2030, as it released its first climate change transition action plan (CTAP) on Friday.

Environmental activists stage sit-down protests, blocking entrances and gluing themselves to pumps

Environmental protesters have taken action at petrol stations in central London, vandalising pumps, blockading entrances and spraypainting “no new oil” across signs.

The Just Stop Oil campaign said 51 of its supporters took part in the protests at seven petrol stations on Friday morning. Some groups staged sit-down protests at entrances or glued themselves to pumps, while others moved from station to station damaging pumps.

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A number of beaver families have created the wetland in east Devon in less than a year.

Government to build centre on mainland instead following community campaign against the development

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The Western Australian government has abandoned plans for a $3.3m “discovery centre” on Penguin Island following a community campaign against the development.

Reece Whitby, the minister for environment and climate action, made the announcement on Friday, saying in a statement that following a scientific review and community consultation, the proposed centre would be shifted to the mainland.

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A major fertiliser plant is set to be constructed in the Pilbara, potentially impacting as many as 20 ancient rock art sites. Nicole Curtin, PhD Candidate, Charles Darwin University Clinton Walker, Tourism operator, Indigenous Knowledge Tracy Woodroffe, Lecturer in Indigenous Knowledges, Charles Darwin University Licensed as Creative Commons – attribution, no derivatives.

Oz Minerals is positioning itself as a global leader in mining “modern” metals that will underpin the global shift to electric vehicles and renewable energy.

The post EV explosion has only just begun, says copper giant as it fights off BHP appeared first on RenewEconomy.

Hope for the best, and plan for the worst. Delaying emission reductions is playing Russian Roulette with the climate and our future.  

The post The best and worst of climate science, and why modelling can’t keep up with events appeared first on RenewEconomy.