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The reserve price in California and Quebec's carbon market auctions will rise to $19.70 in 2022 after higher inflation drove up the minimum bid value by more than 11% year-on-year, as the WCI jurisdictions also announced next year's auction size. 

The 2021 Atlantic hurricane season has now officially ended, and it's been the third most active on record.

The European Commission, EU member states and financial institutions on Wednesday teamed up to mobilise up to €300 billion towards foreign investments over the next five years, aiming to rival China’s Belt and Road Initiative (BRI) while championing the bloc’s green transition and digital priorities.

Europe's biggest port signs agreement with W.A. government to pursue import opportunities for new "green energy from down under."

The post Western Australia teams up with Europe’s biggest port for green hydrogen exports appeared first on RenewEconomy.

GHG emissions under the California-Quebec cap-and-trade programme next year will continue to bounce back from a COVID-induced downturn and sit just below the WCI system’s combined allowance budget, analysts told a conference on Wednesday.

Norway's decision this week to deny oil exploration licences in virgin or little-explored areas in 2022 is seen by experts as a largely symbolic move that nonetheless reflects the mounting pressure on the major fossil fuel producer to curb its exported emissions.

Many farmers are welcoming an expected summer of La Niña rain, while others have been hit by heavy rain and floods Chelsea Jarvis, Research fellow, University of Southern Queensland Professor Scott B. Power, Dip. Ed., Director, Centre for Applied Climate Sciences, University of Southern Queensland Licensed as Creative Commons – attribution, no derivatives.

*PREMIUM LISTING - Verra is a global leader helping to address the world’s most intractable environmental and social challenges. Verra administers a portfolio of leading standards programs, including the Verified Carbon Standard (VCS), which accounts for over two-thirds of all voluntary carbon market issuances globally.

The EU will emit double its 1.5C-aligned carbon budget under its current emissions targets, according to analysis by a veteran climate campaigner published on Wednesday that suggests the bloc will need to raise its ambition further.

A UK-based crypto currency venture has sold a single carbon credit for $70,000 without stating where the unit came from, a price astronomically higher than units achieve in the voluntary carbon market.

Scientists say they have made a major step forward in storing information in molecules of DNA.

At 42m metric tons of plastic waste a year, the US generates more waste than all EU countries combined

The US is the world’s biggest culprit in generating plastic waste and the country urgently needs a new strategy to curb the vast amount of plastic that ends up in the oceans, a new report submitted to the federal government has found.

The advent of cheap, versatile plastics has created “a global scale deluge of plastic waste seemingly everywhere we look”, the report states, with the US a leading contributor of disposable plastics that ends up entangling and choking marine life, harming ecosystems and bringing harmful pollution up through the food chain.

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EUAs shot to a new record for the tenth time in 13 days as traders said financial participants continued to drive the market to loftier levels, triggering another high-level call for intervention, while energy prices advanced more modestly.

Simply Energy will expand its VPP offering into NSW, QLD and Victoria while expanding eligibility to more batteries and inverters.

The post Simply Energy expands VPP network to new states, moves beyond Tesla appeared first on RenewEconomy.

With a similar landscape to other worlds, it could aid research into extra-terrestrial missions.

Exotic pet ownership in the UK has grown 60% since 2000, according to the wildlife charity Born Free. But escaped wild animals are also a growing concern for their potential to spread disease, and the impact an invasive species might have on nature. The Guardian visits BeastWatch, an organisation of volunteers that specialises in the safe retrieval of exotic pets, and Bristol Zoo to see how wild animals are kept in captivity and ask if new laws can address some of the issues 

• Watch more episodes of Human Animal: a series looking at our evolving relationship with other animals

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Government accused of reneging on environmental pledges with plan to build on old airfield near Braintree

Campaigners have criticised plans to develop two mega-prisons on the site of a rare bird and amphibian habitat in England.

The government has been accused of reneging on commitments in the Environment Act to stop the decline of wildlife by proposing the development on the old Wethersfield airfield, which has become an important space for nature near Braintree, Essex.

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Steel can be produced with almost no carbon emissions by 2050 if $278 billion in investment to decarbonise the industry is made over the next three decades, a report released on Wednesday claimed.

South Korea will open its emissions trading market up to participation from about 20 financial institutions later this month, according to the environment ministry.

The Natural History Museum’s Wildlife Photographer of the Year competition is inviting fans of wildlife photography from around the world to vote for the winner of the People’s Choice Award. This year’s 25 unforgettable scenes were shortlisted by the Natural History Museum from more than 50,000 image entries from 95 countries

• The images are currently on display at the Natural History Museum in London, until the voting ends on 2 February 2022. The winner will then be showcased until the exhibition closes on 5 June 2022

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