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A Zurich-headquartered direct air capture (DAC) company and a US-based consulting firm have signed a 15-year agreement that entails the purchase of tens of thousands of CO2 removal (CDR) credits by the latter, in a move the two say is intended to help scale the nascent technology.

An Estonia-based carbon removal platform has obtained €5.5 milllion in seed investment from a trio of venture capitalist investors, the start-up announced on Thursday.

Government says insufficient hydrogen production available to replace home gas supplies

A plan to test the use of hydrogen to heat homes in a village in the north-east of England have been abandoned after months of strong opposition from concerned residents.

The government said the Redcar “hydrogen village” scheme, which had been expected to start in 2025, will not go ahead because there would not be enough local hydrogen production for the trial to replace the home gas supplies with the low-carbon alternative.

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A major US-headquartered exchange operator Nasdaq is pivoting blockchain technology originally developed for cryptocurrency trading towards carbon markets.

The European Parliament and Council of EU member states have reached a provisional deal on rules setting obligations for large companies to identify and remedy risks to the environment, human rights, and health arising from their value chain, including an obligation for companies to adopt Paris Agreement-aligned climate plans.

State energy ministers give themselves power to force coal generators to stay open if a fast-tracked closure puts grid reliability at risk.

The post State energy ministers give themselves power to force coal generators to stay open appeared first on RenewEconomy.

The green export scenario - the basis of the hope that Australian can be a renewable superpower - suggests the grid could reach 99 per cent renewables within a decade.

The post Australia could be at 99 pct renewables by 2032, if green exports take off as hoped appeared first on RenewEconomy.

AEMO's new planning blueprint says coal will exit five years early, households will play key role with rooftop PV, EVs and electric homes, but rollout of large scale wind and solar needs to quicken.

The post AEMO’s jaw dropping prediction for coal power – all but gone from the grid in a decade appeared first on RenewEconomy.

European carbon prices were largely steady on Thursday morning, as traders digested the relatively light price impact of the options expiry on Wednesday, as well as the weekly Commitment of Traders data that showed investment funds extended their short positions, while Dec-23 positions continued to be rolled into the Dec-24 contract.

I’ve been accused of being a ‘soyboy’ and ‘in the pay of Big Lettuce’ by one of the most destructive industries on Earth

Everything that makes campaigning against fossil fuels difficult is 10 times harder when it comes to opposing livestock farming. Here you will find a similar suite of science denial, misinformation and greenwashing. But in this case, it’s accompanied by a toxic combination of identity politics, nostalgia, machismo and the demonisation of alternatives. If you engage with this issue, you don’t just need a thick skin; you need the skin of a glyptodon.

You will be vilified daily as a “soyboy”, a “hater of farmers” and a dictator who would force everyone to eat insects. You will be charged with undermining western civilisation, destroying its masculinity and threatening its health. You will be denounced as an enemy of Indigenous people, though generally not by Indigenous people themselves, for many of whom livestock farming is and has long been by far the greatest cause of land-grabbing, displacement and the destruction of their homes.

George Monbiot is a Guardian columnist

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Several companies have announced a partnership to ship captured CO2 from an UK ETS-covered gas power plant in southeast England up to northeast Scotland to then pipe onto permanent storage below the North Sea using re-purposed gas pipelines.

Co-legislators for the European Parliament and Council of member states struck a deal to reform the EU’s electricity market design early on Thursday morning, aiming to reform the market so as to shield citizens from higher energy prices and enable increased investments in renewable capacity.

A major Japanese power company has inked an agreement with a global commodity trader for the supply of liquefied natural gas (LNG) alongside investment in a nature-based carbon project in Australia, which it said was the first deal of its kind in Japan.

Tech giant Microsoft has collaborated with a biochar producer for large-scale removal of carbon emissions with credits to be delivered within the next six months, the company announced.

A consortium led by a Japanese bank has teamed up with two regional governments for the development of forest-based carbon credits under the domestic J-Credit programme, the companies announced Thursday.

New Zealand’s Climate Change Commission (CCC) has provided its first set of advice to the newly elected conservative government, saying it is not on track to meet its 2030 climate goals, and has urged it to resolve underlying issues with its emissions trading scheme.

All Australian banks and investors will soon need to make zero-deforestation commitments because it is increasingly well known that Australia is a deforestation hotspot, and this is attracting the scrutiny of legislators, consumers, and investors, the Wilderness Society writes.

A group of companies said Thursday they have bid to explore several of the 10 areas made available for carbon capture and storage location exploration by the Australian government earlier this year in a bid to establish themselves in the emerging Asia-Pacific CCS value chain.

Rife deforestation 500 years ago aligns with western barbastelle slump, finds study of bat DNA

The examples of flora and fauna disappearing because of human excesses over the past 50 years are manifold, but research has found that the decline of a characterful bat began in the UK when its trees were felled for shipbuilding 500 years ago.

Experts from the University of Exeter and the Bat Conservation Trust (BCT) have concluded that a 99% drop in Britain’s western barbastelle bat populations began when trees were chopped down in the early days of Britain’s empire building.

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Greenpeace Australia Pacific has filed a lawsuit against a major oil and gas company over claims the company has made in connection with its use of offset credits.