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European carbon prices advanced to their highest in 12 trading sessions, again testing a key technical level that has held the market in check for eight weeks, amid general firmness across the energy complex and as speculative traders increased their bearish bets to the most in more than four months.

An Australian forestry industry lobby group is urging Australia to expand forest-related carbon crediting, it said this week via a proposal to Canberra to include them in the Australian Carbon Credit Unit (ACCU) scheme.

While a growing number of big companies are setting science-based targets for net zero emissions, few are beginning to tackle the largest and most unwieldy chunk of their climate footprints - the emissions released across their supply chains, before they even begin making the products they’re renowned for. 

Methodologies under Article 6 of the Paris Agreement need to go beyond the Kyoto Protocol’s Clean Development Mechanism (CDM) baseline determination, even as CDM can serve as a reference for Paris Agreement methodologies, according to a World Bank and Climate Warehouse paper.

A Korean geoscience research institute is pursuing the commercialisation of an emerging seawater desalination technology that can reduce CO₂ through brine treatment.

Critics say bill is a ‘fossil fuel wolf in clean energy clothing’ that would gut environmental protections

US senators should reject an energy-permitting reform bill being brought to committee on Wednesday by senators Joe Manchin and John Barrasso because it’s a “wishlist for the fossil industry” of the kind envisioned by Project 2025, environmental groups say.

Manchin, a senator from West Virginia and a former Democrat who registered as an independent in May, and Barrasso, a Republican from Wyoming, argue their bill will speed permitting of power transmission, mining and liquefied natural gas (LNG) export projects. Their bill will be voted on by the Senate energy and natural resources committee, of which Manchin, a longtime proponent of the reforms, is the chair and Barrasso is the committee’s top Republican.

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Two European carbon startups have raised millions towards expansion of their technologies that operate in the management and carbon removals sub-sectors.

Biodiversity monitoring company NatureMetrics has launched a tool to measure and track soil restoration progress, claiming it could help private organisations better demonstrate their commitment to nature positive outcomes.

Australia has handed out the first offshore carbon capture and storage (CCS) permit from last year’s large acreage round to a Western Australia-based minnow hoping to use end-of-life oil fields it has a share in to develop an ambitious CCS and ammonia project.

A group of around 40 companies on Wednesday announced the launch of the Singapore Carbon Market Alliance (SCMA), whose main focus will be to secure access to the Article 6 market for companies in the city state.

Carbon Pulse has appointed Sonja van Renssen as its first Chief Strategy Officer, to lead editorial and business development projects that will take the company into its next phase of growth. Carbon Pulse has also launched Data Dive, a new data journalism offering, and refreshed its Dossiers, which present the latest facts and figures on emissions trading systems (ETSs) around the world.

China is planning to add two methodologies to its national voluntary carbon credit programme, as the world's biggest-emitting nation aims to drive down GHG emissions from its coal mining and transportation sectors.

Australia once led the world in coal methane mitigation. So why are multi-million dollar hand-outs still needed to spur on emissions reductions?

The post Coal mine methane mitigation is finally getting real again – but only after huge government handouts appeared first on RenewEconomy.

Universities join forces to launch the Australian Centre for Offshore Wind Energy, to address key challenges facing the brand new industry.

The post Universities join bid to launch offshore wind in Australia with new research centre appeared first on RenewEconomy.

The deal required 11 funders to agree to terms, including the CEFC, and provides a runway for expansion – with a focus on battery storage.

The post FRV refinances solar and battery portfolio with help from Australia’s green bank appeared first on RenewEconomy.

Farm north of London to be returned to something like pasture once enjoyed by Anglo-Saxon king

It was once woodland where Harold Godwinson, the last crowned Anglo-Saxon king, rode in pursuit of deer. Over recent decades, the hillside with a panoramic view of London has become arable fields, pony paddocks and a Christmas tree plantation.

But now Harold’s Park, a 200-hectare (500 acre) farm just north of the M25 on the edge of the capital, is to be rewilded and returned to something like the tangled wood pasture once enjoyed by King Harold.

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What if we could double the amount of light that hits a solar panel? UNSW researchers say it's possible.

The post Australian researchers race to smash the solar efficiency ceiling using “singlet fission” appeared first on RenewEconomy.

Wholesale electricity prices hit a new landmark on Tuesday night when all five state grids had prices pushed above $15,000 a megawatt hour (MWh) at the time. Greed is the new black.

The post Generators fill their pockets again, pushing grid prices to new highs and leaving renewables to cop the blame appeared first on RenewEconomy.

Australian big battery projects headed for record year as storage prices halve over the last year.

The post New big battery projects in Australia double in size as storage prices plunge appeared first on RenewEconomy.

Queensland coal power company has been moving into renewable energy for some years, and is now signing O&M contracts to give staff taste of renewables future.

The post Coal giant signs solar farm maintenance contract to train staff in green energy future appeared first on RenewEconomy.