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European carbon prices extended their gains for a second day amid speculation over potential short-covering as weekly position data showed investment funds continuing to rebuild their net short position, while energy prices moved higher.

Two project developers have partnered with an Indian state government forest department to plant mangroves, expecting to generate blue carbon credits.

Fossil emissions ‘finally back to 1960s levels’, say analysts, but they warn levels are still falling too slowly

The European Union pumped out 8% less carbon dioxide from the fossil fuels it burned in 2023 than it did in 2022, the Guardian can reveal, pushing these emissions down to their lowest level in 60 years.

The fall in planet-heating pollution is the steepest yearly drop on record behind 2020, when governments shuttered factories and grounded flights to stop the spread of Covid-19, according to analysis from the Centre for Research on Energy and Clean Air (Crea).

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The number of announced sustainable aviation fuel projects in the EU is on the rise, meaning the bloc could meet its target for green fuels, an NGO study revealed on Wednesday, but only if final investment decisions are taken.

The EU's goal to stop manufacturing CO2-emitting cars by 2035 faces huge challenges, according to a report published on Wednesday.

A carbon removals platform has purchased around 1,000 direct air capture (DAC) credits from a facility based in Kenya, the firms announced Wednesday. 

A fertility breakthrough offers hope for saving the northern white rhino from extinction.

The first successful embryo transfer in a southern white rhino paves way for using technique to save rarer northern cousins

The critically endangered northern white rhino could be saved from the brink of extinction after scientists performed the first successful embryo transfer in white rhinos.

After the last male northern white rhino, Sudan, died in 2018, the disappearance of the species looked imminent. Just two infertile female northern white rhinos – Fatu and Najin – remain, and are under 24-hour armed protection at a conservation reservation in Kenya. But a new scientific advancement means the mother and daughter may not be the last of their kind.

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The UK government is failing to show how it ensures that biomass power and heat generators adhere to sustainability requirements after receiving a total of more than £22 billion of support over 21 years, the National Audit Office (NAO) said on Wednesday. 

Large emitters are getting “nervous” as a result of the mounting compliance schemes and reporting requirements they are facing in 2024, likely to drive investment and participation in carbon markets, a conference heard Wednesday.

Power demand across the EU is forecast to see a slow recovery in 2024, according to an outlook published by analysts on Wednesday, while a recovering economy and electrification will support consumption between 2025 and 2027.

An Indian renewable energy firm has entered into an agreement with a Japanese industrial group for the production of green ammonia in the Indian state of Odisha under a project involving over $5 billion worth of investments that the parties say will reduce emissions by 54 million tonnes of CO2e over the project life time.

China’s vast renewable build out cannot continue forever at its current pace without the risk of over capacity, but it has the ability to shape the global energy transition. In 2023 alone the nation added 200 gigawatts of solar installation, compared to 87GW in 2022.

A South Korean non-profit dedicated to sustainable development is planning to set up an association to facilitate the voluntary carbon market in the country.

Experts say world is ‘past peak fossil power’ but warn against uneven development of energy projects

Nuclear power generation is likely to break records in 2025 as more countries invest in reactors to fuel the shift to a low-carbon global economy, while renewable energy is likely to overtake coal as a power source early next year, data has shown.

China, India, Korea and Europe are likely to have new reactors come on stream, while several in Japan are also forecast to return to generation, and French output should increase, according to a report on the state of global electricity markets published by the International Energy Agency (IEA) on Wednesday.

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The new threat from cyclones can come from behind you – flooding from more intense rainfall. Jonathan Nott, Professor of Physical Geography, James Cook University Licensed as Creative Commons – attribution, no derivatives.

An Australian carbon trade company has signed an agreement with a Fijian counterpart to work on credits aligned with Article 6.

Berkeley Earth’s Robert Rohde discusses the latest climate science and whether even 2°C is achievable. Plus: All the renewable and storage news from the first few weeks of 2024.

The post Energy Insiders Podcast: The climate crisis and the energy transition appeared first on RenewEconomy.

Rio Tinto has signed a power purchase agreement to supply 1 GW of renewable electricity to power its smelters and refineries in Gladstone, Queensland, as issuance of Australian Carbon Credit Units (ACCUs) falls.

NSW's draft energy framework will add time, cost and another layer of bureaucracy in a state that needs to remove all three, big investors say.

The post Clean energy investors propose radical rethink of planning rules in NSW appeared first on RenewEconomy.