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Microsoft has signed an offtake agreement for 350,000 tonnes of voluntary Carbon Dioxide Removal (CDR) credits over six years from an agroforestry project in Kenya - the company's second deal this month.

EU carbon prices stabilised at slightly lower levels on Wednesday morning as the market digested weekly Commitment of Traders data that showed a small change in speculative traders' positions, leaving bulls and bears lacking strong support for their preferred price direction.

The Bezos Earth Fund will pledge $5 million to the Jane Goodall Institute (JGI) to support its conservation efforts in the Congo Basin, the US-based organisation has announced.

hree major companies have signed a collaboration agreement to build a complete vanadium flow battery manufacturing supply chain in Townsville.

The post Townsville to be home of vanadium flow battery manufacturing appeared first on RenewEconomy.

Rules hailed as once-in-a-generation chance to improve air quality but loopholes will let member states delay by up to a decade

The European Union has agreed to set stricter limits on the toxic particles and dangerous gas that dirty its air, but will not aim for the levels that doctors and economists recommend.

The new rules slash the yearly limits for fine particulates known as PM2.5 – which wreak havoc on the whole body because they are small enough to slip into the bloodstream – from 25 µg/m³ to 10 µg/m³, and for nitrogen dioxide, a gas that hurts the lungs, from 40 µg/m³ to 20 µg/m³.

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Gold Standard has epanded activities under its soil carbon methodology, announcing a new module for zero tillage alongside consultations for cover crops and managed pastures, in what will see the scope of projects eligible for crediting increase.

Taiwanese emitters are likely to enjoy special discounts if they propose Science-Based Targets initiative (SBTi)-aligned emissions reduction plans under the upcoming carbon levy scheme, which could see more clarity by the end of this quarter.

Analysis gives clues as to why butterflies and moths have been resilient through dramatic changes on Earth – and could help with future conservation

The genomes of butterflies and moths have remained largely unchanged for more than 250m years despite their enormous species diversity, according to a new study published in the journal Nature Ecology & Evolution.

In the face of rapid environmental changes in the 21st century, the researchers said the analysis gives clues as to how Lepidoptera – the order of winged insects that contains butterflies and moths – have been so resilient throughout dramatic changes on Earth.

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Some of the EU’s biggest polluting sectors say they are on board with cutting the bloc’s emissions by 90% by 2040 but warn it will not happen without the policy and financial incentives to maintain their global competitiveness. 

Australia’s two largest iron ore miners have disparate views on the green transition of the steel industry their commodity supplies, reports released this week showed.

A large global bank has become one of the first to set goals for the emissions of its capital markets activities, it said Wednesday.

A senior carbon and biodiversity sourcing specialist has left South Pole to join a rival project developer.

A policy paper has called for the UK to include voluntary carbon credits issued under the Woodland Carbon Code (WCC) as part of its domestic compliance carbon market.

Nearly 300 European, international, and Ukrainian NGOs have written to the leaders of the EU and G7, urging them to tighten their control over Russia's fossil fuel exports.

Investment in the clean transition must reach €813 billion a year this decade - double the amount spent in 2022 - if the EU is to meet its 2030 climate target and ensure the European Green Deal is a success, according to the first comprehensive analysis on the bloc’s climate investments.

A major trading house in Japan has launched a performance-based payment scheme that encourages the use of anti-fouling paint for ship bottoms with the view of driving down emissions in the shipping sector, it announced Wednesday.

Australia’s second largest oil and gas company said Wednesday it sees CCS as the main way forward to control its carbon emissions, while committing to closer monitoring of its Scope 3 emissions.

Armed with a Geiger counter, Michael Collins was given access to multiple power stations across the UK – he found them tranquil, beautiful and sinister

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Porous dams in Purbeck are being used to ‘rewet’ the mires, bringing a richer landscape for flora and fauna

Leaky dams may not sound ideal but they are being used to great effect on dried-out marshland in the English West Country to produce fresh habitat for carnivorous plants and a spider that whizzes over the surface of water to grab prey.

Bales made out of heather and bunds constructed out of peaty soil and timber are being used to create porous dams on two mires, Agglestone and Greenlands, in Purbeck, Dorset.

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BMW X3 has biggest gap between manufacturer’s laboratory consumption claims and real-world testing in latest Australian Automobile Association data

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Cars driven in Australia consume up to 20% more petrol than manufacturers are claiming, according to a program that tests “real-world” on-road fuel efficiency with laboratory calculations.

The Australian Automobile Association (AAA) testing – funded by the federal government – also found four of the 13 vehicles tested in its latest round of compliance checks exceeded regulatory limits for oxides of nitrogen or carbon monoxide.

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