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The UK government is set to put into law annual licensing rounds for offshore oil and gas production, the Department for Energy Security and Net Zero has announced, provided tests are met that ensure facilities “support the transition to net zero”.

Canada’s federal government, the province of British Columbia (BC), and the First Nations Leadership Council have signed off on a shared approach to implementing habitat restoration and species-specific actions in the province.

The number of publicly-listed companies setting a net zero emissions target has risen by 40% compared to a little more than a year ago, according to a global analysis published on Monday by a research consortium that includes the UK's University of Oxford, but only 4% of these targets are aligned with the Paris Agreement.

European carbon permit prices dropped to a new one-year low on Monday morning as traders continued to build short positions, while energy markets extended their recent losses as the demand outlook remained moderate amid warm weather and high gas storage levels.

The UK government is due to announce later on Monday a support package to convert the nation’s remaining coal-based steelmaking to run on electricity, public broadcaster BBC reported.

A major carbon credit project developer and trader in South Korea will get listed on a domestic exchange later this month, and plans to use IPO revenue to further expand its presence in the international voluntary market.

“This was not climate justice provided but naked power politics by developed countries, led by the US, at its worst,” say critics of key decision taken ahead of climate talks.

The post “Steamrolled:” Loss and Damage deal described as “sombre day” for climate justice appeared first on RenewEconomy.

Bouldercombe big battery is back in action and should be fully commissioned within weeks after the cause of the fire in September was identified.

The post Bouldercombe big battery back in action after cause of fire identified appeared first on RenewEconomy.

Norway may make its first purchase of international carbon credits under the Paris Agreement in 2024, as part of efforts to reduce emissions beyond what it has pledged in the 2015 climate pact.

A major Japanese trading house has established partnerships with two Malaysian companies for the potential operation of forestry projects in the Southeast Asian country, which could restore biodiversity and create carbon credits, it announced Monday.

The Food and Agriculture Organization of the United Nations (FAO) is approaching governments to ask them to account for the hidden $10 trillion environmental, social, and health costs of the food system in a report.

Australia’s Westpac on Monday announced it will end lending to the conversion of natural forest to agricultural land, as it became the nation’s first bank to release a natural capital position statement and pledge an ambition to become nature positive.

Campaigners accuse government of failing to stick to promises made at Cop26 climate summit in 2021

• UK politics live – latest updates

Beef, soy and palm oil products driving deforestation are still being imported into the UK, despite government promises this practice would end, data has revealed.

Campaigners have criticised the Department for Environment, Food and Rural Affairs (Defra) for failing to put practices in place to stop the import of goods from areas with high deforestation rates. This is despite the government having promised at the Cop26 climate conference in 2021 to implement the rules.

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Growing awareness of sexual harassment and discrimination in the field prompted an international survey and research into potential solutions. Sarah Hamylton, Associate professor, University of Wollongong Ana Vila Concejo, Associate professor, University of Sydney Hannah Power, Associate Professor in Coastal and Marine Science, University of Newcastle Shari L Gallop, Service Leader - Coastal, University of Waikato Licensed as Creative Commons – attribution, no derivatives.

Woodside Energy has progressed to the next stage of a scheme by the Western Australian state government to encourage the private sector to earn carbon credits in exchange for funding conservation work.

Study suggests the dangerous process of ship-to-ship refuelling could be feasible in Pilbara ports, using green ammonia produced in the region.

The post Study suggest Pilbara ports can refuel ships with green ammonia from sun and wind appeared first on RenewEconomy.

World's biggest offshore wind developer blames a ship shortage for the decision to dump its US Ocean Winds project. There are lessons for Australia's nascent offshore wind industry too.

The post Ørsted blames lack of ships for New Jersey offshore wind failure and massive write downs appeared first on RenewEconomy.

The Australian parliament is set to pass the government’s legislation to allow the transboundary transport and underground storage of CO2, with the Liberal party joining Labor in support of the bill in the Senate.

Fortescue has stepped back from its ambitious 5.4 gigawatt (GW) Uaroo Renewable Energy Hub but still plans to build something on the site.

The post Fortescue drops massive Uaroo renewable hub as it reorganises Pilbara energy plans appeared first on RenewEconomy.

Most people with rare genetic diseases are unable to access life-saving medicines due to high costs.