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The fast-growing cookstove carbon credit market will be crippled if there is a shift to an overly cautious calculation of avoided emissions that is already used by some countries, a project developer has warned.

Shell's former manager of Global Environmental Products is joining Mercuria in a similar role.

Experts fear for health of corals and other marine life as about 1m sq km of ocean experience prolonged elevated temperatures

A marine heatwave has broken out along more than 2,000km of the Queensland coast, raising concerns for the health of corals on the Great Barrier Reef and other ocean life.

Satellite data managed by the US National Atmospheric and Oceanic Administration (NOAA) shows the heatwave started to emerge at the end of June.

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EVs are heralding a new kind of driving culture, from friendly chats at charging stations to reshaping where and how long we stop on road trips

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A couple with a brand-new electric Lexus stand blankly at the EV charging station, walking from one charger to the other with cables in hand. Within minutes, a crowd of EV drivers gathers. The strangers offer to help the couple with charging their car, showing what plugs and apps to use. Soon enough, the appreciative pair are charged up and back on the road.

Motorists are not generally known for their community spirit and small acts of kindness. But around electric vehicle charging stations – whether on a regional highway, outside a cafe or in the centre of a busy city – a strange and wonderful communal vibe is developing.

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RWE reported a drop of almost one-fifth year-on-year in power generation covered by the EU ETS during the first six months of 2023, in preliminary results published Friday.

If the market decides, eco-friendly policies will mean ruinous inequality. There’s an old-fashioned solution: social democracy

Earlier this week, 100-odd energy companies sent a letter warning the prime minister that his lack of new climate policies will threaten their profit margins. Then, the Cop26 president, Alok Sharma, announced a new attempt to end the de-facto ban on onshore wind energy in England, and Liz Truss backed him.

Neither of these calls made a huge splash in the news, because big business and rightwingers calling for green policy is no longer news. Instead, this is what normal looks like when capitalism starts to go green.

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The Science Based Targets Initiative (SBTi) expects its upcoming beyond value chain mitigation (BVCM) guidance to stoke interest in contribution claims, a form of corporate climate action that will suit some companies more than others, and will not always translate into increased carbon credit use.

(Free read) - As global temperatures rise to record levels, a UN-backed initiative has recognised media’s pivotal role in both shaping public perceptions to heatwaves and climate change and influencing the response of policymakers.

European carbon prices rose to their highest in a month as buying continued ahead of the annual drop in auction supply next month, while energy prices were boosted by increased demand for cooling across much of southern Europe.

Heatwaves are ripping through North America, Europe and Asia, with the global hottest day ever recorded at the start of July. The heat has sparked intense wildfires threatening homes and livelihoods and supercharged torrential rains in some areas, leading to extreme weather events such as flash flooding and landslides. Here is a look at how the extreme heat has affected half the planet

• From Kawasaki to Phoenix: tracking a day of extreme heat around the world

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Swedish steelmaker SSAB highlighted weak demand in Europe as the core reason for a halving of its operating profit in Q2, with global steel prices also falling, the firm said in quarterly financial results published Friday.

CO2 allowance prices in China’s carbon market remained above the 60 benchmark over the past week despite a sharp decrease in trading volume after the government released the latest carryover rules for unused permits, while liquidity continued to shrink in the national offset market.

Activist and photographer Alicia Bruce has documented the residents and landscape of Menie in Scotland, detailing 16 years of Donald Trump’s impact on the area where he built a golf course. Her work honours the community who have ‘refused to bow down, sell up or be pushed around by Donald Trump’. I Burn But I Am Not Consumed is published by Daylight Books

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The primary focus of the role will be on leading the development of new methodologies and accounting frameworks for carbon abatement in the land sector, as well as in emerging water quality and biodiversity markets.

The best of this week’s wildlife photographs, including flying foxes, a parrotfish and a rehabilitated sea turtle

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Standard Chartered’s Vietnam branch has offered to provide sustainable products and services for the Southeast Asian nation’s future emissions market, according to local media reports, as regulators get on with the task of building a carbon exchange.

South Korea should gradually ease carryover restrictions to better reflect the current national emissions reductions target and boost liquidity in the domestic emissions trading scheme (ETS), a government-run think-tank has called for.

A major step-change in demand for carbon credits is coming in the next 18 months from large emitters, due to increasing compliance and societal demand, a bank’s head of environmental markets told a conference Thursday.

Investment in new wind and solar is stagnating. An extension to the renewable energy target is being proposed. Here's how it might work.

The post Extend the RET: Renewables industry has a new battle cry, but will Labor listen? appeared first on RenewEconomy.

After hottest day ever, researchers say global heating may mean future of crop failures on land and ‘silent dying’ in the oceans

Successive heatwaves threaten nature’s ability to provide us with food, say researchers, as they warn of an “unseen, silent dying” in our oceans amid record temperatures scorching the Earth.

Heatwaves are ripping through Europe, the US and China, with the global hottest day ever recorded at the start of July, endangering human life as well as the land and sea it depends on.

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