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First turbines go up at off-grid mine that will be mostly powered by renewables and storage.

The post First turbines go up at off-grid mine after 850kms journey from port appeared first on RenewEconomy.

The UNFCCC is considering repurposing its voluntary offset platform, which is supplied by Kyoto-era credits, in order to support the new carbon credit generation mechanism under the Paris Agreement.

US President Joe Biden's administration is targeting the end of the year for the issuance of highly anticipated draft emissions standards for existing natural gas-fired power plants, according to a biannual regulatory agenda published late Friday that also provided expected timelines on a litany of other planned environmental regulations.

Another visitor in same motorcycle group hospitalized for ‘severe heat illness’ as other four members treated at scene

A visitor to Death Valley national park died Sunday from heat exposure and another person was hospitalized as the temperature reached 128F (53.3C) in eastern California, officials said.

The two visitors were part of a group of six motorcyclists riding through the Badwater Basin area amid scorching weather, the park said.

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Peter Dutton seizes on UK Labour's commitment to nuclear. What he didn't mention is that its wind and solar plans are even more ambitious than Australia's Labor government.

The post UK Labour to double onshore wind, triple solar power, and quadruple offshore wind by 2030 appeared first on RenewEconomy.

Keeping the lights on in Australia is not an easy task – and adding nuclear to the mix would add new complications. Asma Aziz, Senior Lecturer in Power Engineering, Edith Cowan University Licensed as Creative Commons – attribution, no derivatives.

Spanish energy giant files application to double size of Australia's biggest wind project, in the electorate of anti-renewable Nationals leader David Littleproud.

The post Green tick sought to double size of Australia’s biggest wind farm appeared first on RenewEconomy.

An international proprietary trading firm has seen its European and Asian carbon desks emptied, Carbon Pulse has learned.

The US Forest Service, responsible for stewardship of public forest acreage, defended its timber targets as part of its process to secure funding from Congress, and thus not subject to federal environmental law, in recent updates to a lawsuit filed by environmental groups against the agency.

A Canada-based CO2 removal (CDR) company and researchers from a Nova Scotian university are set to initiate a field experiment this month in Halifax Harbour to test ocean alkalinity enhancement (OAE) as a means of marine CDR.

Stakeholders pushed back on the California regulator’s proposals to trim utility and industrial allocation, force consignment of free allowances, and place limits on permit revenue usage, which would raise utility costs for consumers, in feedback submitted in response to ARB’s cap-and-trade May workshop.

Freshwater wetlands must be included in voluntary carbon market (VCM) methodologies to protect at-risk areas and leverage their outsized carbon sequestration potential, according to a Chilean environmental consultant speaking to Carbon Pulse on the sidelines of the Latin America Climate Summit in Cartagena last week.

Private companies are needed to help destroy ozone-depleting substances (ODS) but should align closely with multilateral governance bodies, a Finnish negotiator under the Montreal Protocol told Carbon Pulse, noting that Finland does not have an official position on the voluntary carbon market (VCM) specifically, as countries prepare to meet next week.

The party’s targets of building 1.5m homes over five years and decarbonising the electricity grid by 2030 look a stretch

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A landslide victory for Labour was also a satisfactory result for the vigilantes of the bond market. A Conservative administration that served up Liz Truss’s reckless budget of unfunded giveaways in 2022 has been punished. A Labour party promising fiscal discipline, to the point where it ditched a previous flagship £28bn policy on green investment in case it scared the horses, has been rewarded.

So, yes, one can see why the UK has suddenly acquired haven-like status in the eyes of financial markets. Unlike the US and France, for instance, international investors now know what they’re getting with the UK: a stable government anxious to demonstrate its market-friendly credentials. Meanwhile, inflation is falling and cuts in interest rates lie around the corner. “We believe UK government bonds (gilts) are attractive at current levels,” said Peder Beck-Friis, an economist at Pimco, the enormous bond fund manager.

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An upcoming European Commission guidance document designed to help the 27 EU member states interpret the legal definition of 'waste heat' is likely to create some conflict when released later this month, as the waste incineration sector recently entered the EU's Emissions Trading Scheme (EU ETS).

The UK looks set to slide up the climate action charts following the landslide win for the left-leaning Labour Party in the general election, with manifesto pledges including increases to renewable energy and halting new fossil fuel developments.

The founder of a startup claiming to be the first digital currency backed by carbon credits believes their firm's solution can set the tone for large-scale growth of the innovative climate finance tool.

An estimated 721,000 hectares of forest in Indonesia have been cleared for mining between 2001 and 2023, including 150,000 ha of primary forest, an analysis has found.

Relocation outside of the bloc and circumvention of the taxonomy are two responses likely to be taken by companies when the true financial impact of the EU’s Carbon Border Adjustment Mechanism (CBAM) starts to kick in later this decade, in addition to securing supplies of low-carbon materials, according to an expert at a global consultancy.

The European Commission’s trade directorate is currently looking at adjustments to the EU’s CO2 border tax and anti-deforestation laws in order to avoid alienating foreign countries whose cooperation is needed to enforce the legislation, a senior EU official has said.