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Issuance of free EUAs for 2021 to Polish installations will likely take place in Q4 of this year, after the European Commission has approved the country’s proposed allocation plan, while Germany's permit distribution also probably won't completed until the autumn at the earliest.

EUAs were relatively quiet early Thursday, trading in a fairly narrow range as the market continued to digest the European Commission’s 'Fit for 55' package announced yesterday.

The EU should introduce price controls for its carbon market amid recent spikes, Spain’s deputy PM and environment minister said on Wednesday as the 27-nation bloc presented its ‘Fit for 55’ legislative package to further tighten its ETS and other climate policies.

At $42bn, the Harvard endowment exceeds the combined monetary value of many small countries. But it stubbornly refuses to speed up divestment

On display in every corner of the Harvard University campus, carved in stone, students find a shield with three books and the inscribed school motto: “Veritas.” Latin for truth.

Ah yes, truth.

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Australian Trade Minister Dan Tehan on Thursday accused the EU of “imposing its views and its ways” on other nations through its carbon border adjustment mechanism (CBAM) proposal, while new offset issuance levels this week declined to long-term average levels after last week’s bump.

The Shanghai Environment and Energy Exchange confirmed Thursday afternoon that China's much-anticipated national emissions trading scheme, set to become the world’s biggest carbon market, will launch Friday after a three-week delay.

Floating offshore wind farms are becoming a commercial technology, but there are still technical challenges that need to be solved.

The post Explainer: How offshore floating wind farms work appeared first on RenewEconomy.

Historic reforms of the food system are needed to protect the NHS and the environment, a review finds.

More than 100 developing countries set out key demands ahead of the climate summit in Glasgow.

Boris Johnson may talk a good game on the climate crisis, but ordinary people need financial support to make changes

There are many reasons why the government’s decision to cut the aid budget is dumb. High among them is the failure to see the link between poverty and climate change. If you want to convince people of the need to save the planet, it is a good idea to make sure first that they are not going hungry, have access to running water and can put their children through school.

The link between social justice and the green agenda applies domestically as well. Millions of people in Britain count the pennies each week because they are struggling to get by. Exhorting them to change their lifestyles or pay more to heat their homes is not enough. If the government is to meet its ambitious targets people who are less well-off are going to need plenty of help, but as things stand they are not getting it.

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ARENA CEO Darren Miller reappointed for another three years, as Taylor names former Rio Tinto executive to the board.

The post Former Rio Tinto exec joins ARENA board, CEO Miller gets three more years appeared first on RenewEconomy.

AEMO's plan to make the grid ready for 100 pct renewables by 2025 has not gone down well with the federal Coalition government.

The post Pitt labels AEMO’s 100pct renewables prediction “absolute nonsense” appeared first on RenewEconomy.

The 2021 Clean Energy Council Award winners announced today shine a spotlight on the leaders of the Australian renewable energy industry and reward the organisations’ contribution to furthering the development of clean energy in Australia.

The post Andrew Bray and Goldwind among winners of CEC clean energy industry awards appeared first on RenewEconomy.

More than 100 poorer nation governments demand action from rich world before Cop26 climate talks

Rich countries must move faster to cut greenhouse gas emissions and provide financial assistance to their less wealthy counterparts to cope with the climate crisis, governments from the developing world have said.

Poor nations have been frustrated with the slow progress at the recent G7 leaders’ summit and meetings of the G20 group of major economies.

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China’s thermal power generation in June was up by 10.1% from a year ago, while power generation was up by 7.4%, official data showed Thursday, as the nation’s carbon-intensive COVID-19 recovery continued.

Australian exporters to the EU face prospect of $80+ tonne carbon price under an ambitious EU plan to halve emissions by 2030.

The post “Fossil fuel economy has reached its limits”: EU to slash emissions and drag Australia with it appeared first on RenewEconomy.

This is AEMO’s sunshot - an ambitious plan to develop and deploy the systems and technologies that will make 100 per cent renewables happen.

The post From coal to inverters, AEMO’s engineering vision is ambitious and necessary appeared first on RenewEconomy.

The vast majority of Australians are yet to engage with or be exposed to new ways of thinking about and using energy.

The post Breakthrough! AEMO acknowledges energy transition needs social licence appeared first on RenewEconomy.

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The government-commissioned review lays out the damage our diet and farming system wreaks on the environment

The new food strategy for England, commissioned by the government, lays out in stark detail the damage the current food and farming system wreaks on the environment, as well as our health. It is the biggest destroyer of nature and a major source of climate warming, it says.

The report takes aim at overconsumption of meat. “Our current appetite for meat is unsustainable,” it says. “85% of farmland is used to feed livestock [and] we need some of that land back.”

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