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The UK’s carbon market faces the prospect of being the third ETS in the world to inject additional permits to try to restrain soaring prices, as the cost of permits in the nascent scheme has risen more than 40% above its Cost Containment Mechanism's current trigger level.

Speaking at a Fridays for Future march in Milan, the environmental activist lambasted ministers for their inaction over the climate emergency. 

Thunberg has been in Italy's financial capital to participate in a Youth4Climate event where environment ministers and young people are trying to figure out a working framework before the Glasgow Cop26 meeting in November

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EUA prices erased two days of losses in moderate trading on Friday morning, while energy prices were flat to firmer as the new quarter began.

The best of this week’s wildlife pictures, including Siberian wolves, a long-tailed hummingbird and a hungry polar bear

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Roundabouts blocked near Heathrow and Brent Cross as climate activists stage 10th day of protests

The climate campaign group Insulate Britain is staging its 10th day of protests in the past three weeks.

The organisation said about 30 activists have blocked roundabouts at junction 3 of the M4 near Heathrow airport, west London, and junction 1 of the M1 at Brent Cross, north London.

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Australian spot carbon offsets rose 10% late on Friday afternoon, as bullish sentiment and scarce supply continue to push the market north, although on small volumes.

Thousands of metres below the ocean’s surface, diverse aquatic species, from octopuses to coral, thrive in extreme darkness and cold. Amid plans to mine the seabed’s mineral riches, experts warn of the threat to lifeforms still to be documented

More in this series
• Race to the bottom: the disastrous, blindfolded rush to mine the deep sea
• ‘False choice’ – is deep sea mining required for an electric vehicle revolution?
• Covid tests and superbug killers: how the deep sea is key to fighting pandemics

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Campaigners hail ruling preventing TTR dredging 50m tonnes of iron-sands from South Taranaki coast, though mining firm says it will try again

• Race to the bottom: the disastrous, blindfolded rush to mine the deep sea

A New Zealand offshore mining company has lost its supreme court bid to overturn a decision preventing it from mining millions of tonnes of iron-sand off the coast of South Taranaki, on New Zealand’s North Island.

Thursday’s unanimous ruling by New Zealand’s supreme court, which upheld previous high court and appeal court decisions revoking Trans-Tasman Resources’ (TTR) permission to mine, was welcomed by environmentalists and the mining company, albeit from opposing perspectives.

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Taylor gets extra ministerial responsibilities, and former IPA policy director Tim Wilson appointed assistant minister for energy and emissions reduction.

The post Taylor granted extra portfolios, to be supported by former IPA climate policy chief appeared first on RenewEconomy.

A lack of butchers has resulted in the supply chain between farm and supermarket becoming blocked.

National Trust says people are turning into ‘leaf peepers’ with more noticing trees than at start of pandemic

The nights are drawing in and there is a chill in the air but research commissioned by a conservation charity suggests British people are increasingly finding solace at what can be a tricky time of year in the joy of autumn colour.

About a third of people questioned said enjoying the burst of gold, red, purples russet and orange that accompanies autumn was their favourite thing about the season, ahead of looking forward to Bonfire Night, the television schedule or even Christmas.

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Gerard Reid in Europe’s gas crisis, and NSW plans to replace coal with renewables.

The post Energy Insiders Podcast: Europe’s gas crisis appeared first on RenewEconomy.

Taylor to reward carbon capture projects with potentially lucrative offset credits, channelling more subsidies to the controversial technology.

The post Morrison government to reward CCS projects with lucrative credits in ERF revamp appeared first on RenewEconomy.

Transgrid may be forced to buy a pair of ageing, dirty diesel generators - rather than investing in a world-leading renewable micro-grid - due to Australia's regulatory regime.

The post Regulatory madness promotes dirty diesel over renewable mini grid at Broken Hill appeared first on RenewEconomy.

Bango wind farm now has 10 operating turbines, as it continues a phased commissioning process.

The post Bango wind farm starts powering up, with 10 turbines fully operational appeared first on RenewEconomy.

Aboriginal people view so-called wilderness as sick, neglected land. This runs counter to the view of wilderness as pristine and healthy, which underpins non-Indigenous conservation efforts. Michael-Shawn Fletcher, Associate Professor in Biogeography, The University of Melbourne Lisa Palmer, Associate Professor, School of Geography, The University of Melbourne Rebecca Hamilton, Postdoctoral Fellow, Max Planck Institute for the Science of Human History Wolfram Dressler, Senior Fellow, Development Geography, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

Renewable energy developer MPower secures grid connection for first of planned 20 solar farms.

The post MPower secures grid connection offer for first of twenty small solar farms appeared first on RenewEconomy.

Australia has approved a method that allows carbon capture and storage (CCS) projects to generate offset credits, the world’s first nation to do so, in a move the government said will allow Australia to increase its LNG production.

Genex chooses Tesla Megapack batteries for its 100MWh Bouldercombe project in Queensland.

The post Genex picks Tesla Megapacks for 100MWh standalone battery in Queensland appeared first on RenewEconomy.

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