Feed aggregator

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

Continue reading...

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

Continue reading...

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

Continue reading...

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.

Continue reading...

Western Power launches massive, modern energy depot south of Perth to house 850 staff and 500 vehicles.

The post Rooftop solar, battery, dozens of EV chargers: Network launches depot “of future” appeared first on RenewEconomy.

The gas industry has fought hard for hydrogen as an option to replace gas as a fuel in homes. But how clean is it — and does it make sense as a solution?

The post Heating with hydrogen: Clean alternative or gas industry pipe dream? appeared first on RenewEconomy.

Macquarie-owned energy storage developer has a global big battery development pipeline that has ballooned to 1.2GWh in under a year.

The post Macquarie’s Eku gets to work on two more big batteries appeared first on RenewEconomy.

Australia can expect to see a voluntary biodiversity market emerge in the not-too-distant future whether the government is successful at passing its nature repair market legislation or not, experts told a conference this week.

Works to connect South Australia's largest wind farm to the state's grid – and take it a major step closer to “net” 100 per cent renewables – have been completed.

The post Works complete to connect South Australia’s biggest wind farm to grid appeared first on RenewEconomy.

Scientists have released a record number of endangered White’s seahorses into the wild to boost population numbers.

Embraer says it will build electric aircraft with hopes they will take flight from 2026.

A daily summary of our news plus bite-sized updates from around the world.