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Australian govt publishes draft environmental plantings ACCU method
The Australian government on Thursday released a draft methodology for environmental plantings (EP) for consultation, outlining proposed changes to the existing method, which is set to expire in September.
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South Korea, Kazakhstan sign Article 6 deal
South Korea and Kazakhstan have decided to work together on setting up projects for carbon credit generation under Article 6 of the Paris Agreement.
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DEBs-tagged G-CCOs trade at premium during CCA price plunge, ARB offset issuance up in June
Golden CCOs (G-CCOs) with direct-environmental-benefits to the state (DEBs) have been selling at a premium to California Carbon Allowances (CCAs) due to the recent price rout in the joint California-Quebec carbon market, while regulator ARB's compliance-grade offset issuance increased in June compared to the prior two-week period.
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Top 20 fossil fuel countries need to ramp up transition in next Paris pledges -report
A third of the world's 20 largest fossil fuel-producing countries made no mention of oil, gas, or coal in their last round of Paris Agreement pledges, while those that do mention it talk, explicitly or implicitly, about a continuation or increase in production, according to analysis published on Thursday.
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Known unknowns: controversy over CSIRO’s electricity report reveals an uncomfortable truth
Costing new sources of electricity sounds simple. But it’s enormously complicated – and CSIRO’s GenCost report promises certainty it cannot deliver
Bruce Mountain, Director, Victoria Energy Policy Centre, Victoria University
Licensed as Creative Commons – attribution, no derivatives.
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Snowy 2.0 boring machine Florence now stuck for a month in hard rock
The post Snowy 2.0 boring machine Florence now stuck for a month in hard rock appeared first on RenewEconomy.
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Cattle among the trackers and all-electric cherries: The shift to solar and fossil fuel free farming
The post Cattle among the trackers and all-electric cherries: The shift to solar and fossil fuel free farming appeared first on RenewEconomy.
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BRIEFING: The UK’s implicit carbon price for utility companies to lapse, no substitute in sight
A longstanding UK consumer support scheme for low-income or fuel-poor households that requires energy providers to make payments toward household decarbonisation will expire in 2026, with no substitute in sight and political support unclear ahead of the general election.
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Russia faces $32 bln in ‘conflict carbon’ reparations from Ukraine war
A surge in "conflict carbon" from Russia's invasion of Ukraine – from burning forests, blown up oil and gas structures, infrastructure built to fortify the front lines, and more – could cost Russia billions of dollars in additional reparations, according to research published on Thursday and backed by the Ukrainian environment ministry.
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Global demand for oil could peak soon – NZ’s plan to revive offshore exploration doesn’t add up
Even the big oil companies are predicting global demand will decline within decades. With investment in oil exploration projected to decline too, New Zealand should be putting its energy elsewhere.
Jen Purdie, Senior Research Fellow, Centre for Sustainability, University of Otago
Licensed as Creative Commons – attribution, no derivatives.
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ANALYSIS: Elephants in the room: Diplomats open door for compromise in “constructive” Article 6 Bonn talks, but leave major hurdles for Baku
Negotiators in Bonn have left all the remaining major topics on Article 6 still open for November's COP29 in Baku, with a heavily bracketed text on international trade rules leaving some sceptical that any progress was made at the inter-sessional event.
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Oil major, fusion developer team up to power direct air capture facilities
Oxy Low Carbon Ventures, a subsidiary of oil major Occidental (Oxy), and fusion energy developer TAE Technologies announced Tuesday they will partner on the development of technology to provide emissions-free power and heat to direct air capture (DAC) facilities.
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FASB proposes unified model for environmental credit accounting by US companies
The Financial Accounting Standards Board (FASB) on Wednesday unanimously voted to standardise how US companies account for environmental credits including carbon offsets.
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CF NORTH AMERICA: Companies may opt out of SBTi pending outcome of Scope 3 emissions policy
Companies' desire to be “quick and flexible” in meeting net zero targets may opt out of the Science-Based Targets initiative (SBTi), following recent internal controversy regarding the eligibility of voluntary carbon credits in offset of Scope 3 emissions under SBTi targets, conference attendees heard Wednesday.
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How a little brown bird could sound the alarm on lead poisoning in Australian children
Researchers found blood-lead levels in sparrows were a predictable indicator of blood-lead levels in children – showing how humans and nature are inextricably linked.
Max M Gillings, PhD Candidate, School of Natural Sciences, Macquarie University
Mark Patrick Taylor, Chief Environmental Scientist, EPA Victoria; Honorary Professor, School of Natural Sciences, Macquarie University
Simon Griffith, Professor of Avian Behavioural Ecology, Macquarie University
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Study reveals varied drivers of carbon tax regressivity across Europe
Carbon taxes are widely regarded as essential tools in the fight against climate change, but new research highlights significant differences in how they impact households across Europe, challenging the notion that they are uniformly regressive.
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Plunging solar module prices drive massive boom in off-grid renewable projects
The post Plunging solar module prices drive massive boom in off-grid renewable projects appeared first on RenewEconomy.
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Washington Q2 auction clears above floor, spec participation limited
Washington's Q2 current vintage auction settled almost $6 above the scheme’s floor price, against most market expectations, with limited speculative participation amid uncertainty surrounding the future of the state’s carbon market.
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Alarming rise in US wildfire risk due to climate change, researchers warn
Climate change is increasing the risk of wildfire across the US, a new study shows, with extreme conditions once considered rare now occurring with disturbing frequency.
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DATA DIVE: The state of G7 climate progress, according to the latest data
Leaders of the G7 group of developed economies are gathering on Thursday (June 13) for their annual meeting, with a host of global crises on the agenda to keep them busy.
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