Feed aggregator

The WCI compliance instrument surplus bank increased in the fourth quarter as California emitters retired allowances and offsets for 2022 interm obligations in the linked-cap-and-trade system, according to data published Friday.

An Australian soil carbon startup is expanding into the US agricultural market.

Lamposts and mobile charging machines are being touted as the answer to charging electric cars.

RGGI allowance (RGA) values rallied to begin the year as market participants saw limited impetus for a decline in prices amid anticipation of updates from the Third Program Review.

Two separate court rulings highlight the importance of wind farm developers securing all necessary approvals, including environmental and social.

The post “Irreparable injury:” Courts order dismantling of wind farms in US, France appeared first on RenewEconomy.

The US Environmental Protection Agency (EPA) announced on Monday awards of nearly $1 billion to recipients across 37 US states selected for the agency’s Clean School Bus (CSB) Grants Competition.

Former minister Sir Alok Sharma says he will not vote for plans to guarantee annual oil and gas licensing rounds.

Starmer says Labour would take pre-emptive action as minister confirms 2,000 homes have been flooded by Storm Henk

Ministers have been accused of doing little more than “staring out of the window and watching the rain come down” as it was revealed that 2,000 homes have been flooded by Storm Henk.

Labour called for a new taskforce to be created that would meet before the winter storms hit to pinpoint the areas most at risk and protect threatened homes and businesses.

Continue reading...

Ecobase is the largest forest carbon project developer in Europe working with some of the largest landowners across Europe to create carbon projects. Come join our fast-growing team as a Regulatory Manager! The role is remote but requires some travel within Europe, so the ideal candidate is based in Europe.

Australia leads the world in rooftop solar per head. Can this small-scale power source be the secret weapon to fire up our struggling transition to net zero? Anna Bruce, Associate Professor in the Collaboration on Energy and Environmental Markets and the School of Photovoltaic and Renewable Energy Engineering, UNSW Sydney Baran Yildiz, Senior Research Associate, UNSW Sydney Dani Alexander, CEO, UNSW Energy Institute, UNSW Sydney Mike Roberts, Senior Research Fellow in the Collaboration on Energy and Environmental Markets and the School of Photovoltaic and Renewable Energy Engineering, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.

The year has kicked off with strong divergence between what many regard as the old and new versions of the voluntary carbon market, even before the emergence of the first credits labelled with the ICVCM’s Core Carbon Principles (CCPs) stamp of high-integrity approval.

The EU should separate emissions reductions, land-based sequestration and permanent carbon removals in its key proposal for the 2040 climate targets, scientists and climate policy experts urged the European Commission on Monday.

Nuclear power will be the main source of electricity in France, leaving little room for renewables, according to a new draft law that attempts to find alternatives to fossil fuels.

Two of the most active buyer countries in the Article 6.2 market for internationally transferred mitigation outcomes (ITMOs), still in its infancy, have stated that they will push ahead with existing Article 6 agreements and strike new ones.

Recent corporate value chain emissions reporting legislation from the EU and California, and similar policy proposals in Australia, will provide investors with the tools to identify climate-related transition risks; however, legislative goals differ, showing that projected impacts of corporate climate disclosure may vary by context.

The private sector arm of the World Bank has today announced the provision of a green and sustainability-linked loan to a European utility actively rolling out renewable energy in emerging markets, with one of the key provisions being that the company achieves its emissions-reduction trajectory as validated by the Science Based Target Initiative (SBTi).

An American spacecraft launched from Florida to land on the lunar surface encounters problems.

Abu Dhabi's ADNOC has entered the international carbon capture and storage sector, acquiring a 10.1% equity stake in UK-based developer Storegga, the state-owned oil company announced on Monday. 

James Hansen says limit will be passed ‘for all practical purposes’ by May though other experts predict that will happen in 2030s

The internationally agreed threshold to prevent the Earth from spiraling into a new superheated era will be “passed for all practical purposes” during 2024, the man known as the godfather of climate science has warned.

James Hansen, the former Nasa scientist credited for alerting the world to the dangers of climate change in the 1980s, said that global heating caused by the burning of fossil fuels, amplified by the naturally reoccurring El Niño climatic event, will by May push temperatures to as much as 1.7C (3F) above the average experienced before industrialization.

Continue reading...

Rishi Sunak says the policy shift towards fossil fuels will lower bills and is backed by independent advisers. Is he right?

The UK government is about to bring through legislation for an annual licensing programme for oil and gas in the North Sea.

To justify this shift in policy towards fossil fuels, ministers have made a number of claims about the impact on climate breakdown and UK bills, as well as whether it is in line with recommendations from its independent climate advisers.

Continue reading...