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Ten years on from Fukushima, the problem with new nuclear remains economic: it costs too much to build.

The post Ten years on from Fukushima, nuclear power continues to struggle with deeper problems appeared first on RenewEconomy.

Canadian e-commerce company Shopify on Tuesday announced a contingent forward agreement to purchase direct air capture (DAC) CO2 removals via a new service from British Columbia-headquartered Carbon Engineering, in what the companies said was the largest publicly announced corporate procurement from the technology to date.

Snowy Hydro signs 15-year contract with Lightsource bp for a new solar farm that will help deliver 100 per cent renewable energy to the oil giant's retail outlets in NSW.

The post Snowy signs up new 90MW solar farm as part of retailing deal with BP appeared first on RenewEconomy.

Impact investor Capricorn has taken a stake in a UK-based financier helping the venture to build a pool of nature-based offsets intended to be sold to buyers under long-term contracts.

A major investment firm opened an additional RGGI CO2 Allowance Tracking System (COATS) account this week after hiring a new environmental trader earlier this year, data showed this week.

Data and analytics firm IHS Markit announced on Tuesday its intent to launch the first global meta-registry for promoting liquidity and transparency in carbon markets, as well as lowering the risk of double counting or double claiming of credits.

The space agency has completed the assembly of two boosters for its "megarocket", the SLS.

Environmentalism is, for the most part, the domain of the white middle class. We must recognise the contributions migrants already make, and how their power can be further harnessed. Sukhmani Khorana, Senior Research Fellow, Western Sydney University Licensed as Creative Commons – attribution, no derivatives.

A razor-thin majority of the European Parliament on Tuesday voted against a gradual phaseout of free allocation of EUAs to energy-intensive industries in light of the EU’s prospective carbon border adjustment mechanism (CBAM).

The bull run that has lifted EU carbon prices to an all-time high to start this year has been mostly built on speculative buying rather than more traditional compliance demand, analysts said.

US biofuel credit (RIN) values under the Renewable Fuel Standard (RFS) stormed higher on Tuesday as activity from gasoline traders lent support to expectations of a significant draw on the credit bank and a more stringently enforced programme under President Joe Biden (D).

Nine-tonne timber harvester clears trees as part of 50-year project to restore Border Mires dating from ice age

To the uninitiated a vertical mulcher might sound like the creation of a feverish nightmare, but the tree-chipping machine might be the saviour of one of the UK’s most important peat habitants.

The mulching is a continuation of a 50-year project to restore the Border Mires, a network of bogs in and around Kielder Forest in Northumberland that dates from the ice age. Forestry England will use the nine-tonne timber harvester to munch through 23 hectares (57 acres) of trees in order to speed up restoration of the mires.

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The EU should be “cautious” about carbon market intervention and keep the supply-adjusting Market Stability Reserve (MSR) as main price stabiliser, a senior EU official said on Tuesday.

Rob Stokes letter opposed carving out rural zones, which government has effectively adopted as policy

A senior New South Wales government minister last year warned rules to protect koalas in the state would be “ineffective” if rural land was made effectively exempt, as the Coalition now proposes.

In a letter sent in August last year, the planning minister, Rob Stokes, told the deputy premier, John Barilaro, that the new rules would lead to about 80% of land being exempt from a planning policy that is supposed to help save the koala from extinction.

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California is expected to ask a federal court for an extension in the US Department of Justice's (DOJ) lawsuit challenging the constitutionality of the WCI carbon market linkage, giving the government additional time to get political appointees confirmed, a lawyer told Carbon Pulse.

‘Fish aggregating devices’ have been linked to depletion of yellowfin populations and increased bycatch in the Indian Ocean

Global condemnation is growing at the increasingly widespread use of harmful “fish aggregating devices” (FADs) in the fishing industry, as retailers including Sainsbury’s, Marks & Spencer and the German chain Edeka joined calls for restrictions.

A letter signed by more than 100 NGOs, retailers and artisanal fisheries urges this week’s meeting of the Indian Ocean Tuna Commission (IOTC) to consider proposals by Kenya and Sri Lanka to monitor, manage and restrict FADs. The signatories warn of an “urgent need” to improve management of FADs in order to reduce overfishing and rebuild populations of yellowfin tuna.

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EU carbon prices rose on Tuesday to top €40 for the first time in three weeks, though some traders questioned whether EUAs had enough near-term momentum to challenge mid-February's record high.

The team believed they had found evidence of particles useful to developing quantum computing.

EU Allowances will head towards €50 soon, an analyst has predicted, as gas and carbon play catch-up to rising crude oil prices.

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