Feed aggregator

A UK-based land restoration company is counting on capital from an investment fund to help scale its model of buying up land for natural capital purposes.

EUA prices are set to fall further to three-year lows as the impact of declining natural gas prices filters through to the rest of the energy complex and demand from compliance buyers remains low, making 2024 “the year to build strategic long positions”, according to a European bank analyst.

An Indian agri-tech firm will soon receive the first issuance of Verra certified carbon credits under its carbon farming programme, the company told Carbon Pulse Monday.

A group of scientific and conservation organisations have called for the Northern Territory (NT) to legislate biodiversity protection for the first time in an open letter to the chief minister, even as the federal government is in the process of reforming the national environmental law.

I was looking forward to a magnificently white winter, with school closures and an otherworldly hush. The weather had other ideas

I was excited to experience a Boston winter – being in snow country was a genuine attraction of our trip here – and last week looked set to deliver. The headlines were threatening me with a good time (“predicted to be heaviest snowfall in two years” and pre-emptive school closures ran in ticker tape across the TV screen). Cars started sporting snowplough attachments, and the yoga teacher ended class not with namaste but with an ominous: “Good luck with the storm.”

My husband and I were giddy as toddlers. Would there be six inches of snow? Twelve? “When I wake up at 4am,” my husband said gleefully, studying his weather app, “it should already be white.” At the shop he asked, in all seriousness, if we should buy a sledge “before they all sell out”.

Emma Beddington is a Guardian columnist

Continue reading...

South Korea has decided to expand funding support for overseas emissions reduction projects this year, as the East Asian country plans to use international carbon credits to fulfil more than 10% of its 2030 CO2 reduction target.

A voluntary carbon standard has announced it will exclusively focus on nature-based solutions and discontinue the eligibility of Clean Development Mechanism (CDM) methodologies under its banner.

Animal welfare charities welcome the African Union decision to ban the donkey skin trade across the continent.

The Shanghai municipal government is set to hand out more carbon permits under its emissions trading scheme this year as some emitters have been added to the market.

System that brought heavy rains and strong winds to Northern Territory due to arrive in Western Australia

The Australian Bureau of Meteorology (BOM) issued severe warnings across Northern Australia over the weekend due to a tropical cyclone called Lincoln. Making landfall on Friday afternoon as a category one Cyclone, Lincoln maintained its strength into the evening before being downgraded to a tropical low or ex-tropical cyclone (Ex-TC). By Saturday morning, 202mm of rain had fallen over 24 hours at Centre Island, located to the north-east of Borroloola and nearby to where Lincoln made landfall.

The Ex-TC then slowly tracked westwards across the Northern Territory as it brought heavy rainfall and damaging wind gusts to a series of districts. Warnings of flash flooding were issued by the BOM for a series of northern districts in the Northern Territory, with rainfall totals of 60-100mm forecast to fall within a six-hour period; 80-140mm expected over the 24-hour period. Tennant Creek, located in the west of the Barkly district, recorded 138.4mm of rain within 24 hours by Sunday morning.

Continue reading...

Governments should be required to disclose capacity payment arrangements. The fact that some coal generators get a capacity payment and others do not creates an unfair market.

The post Sauce for the goose: If I owned a coal fired power station, I’d announce its closure straight away appeared first on RenewEconomy.

Macquarie's Eku Energy has broken ground on two new battery storage projects in England as it expands its global portfolio.

The post Macquarie’s battery storage developer breaks ground on two British projects appeared first on RenewEconomy.

Warning that soaring number of vessels threaten fish stocks and environment as geopolitics prevents agreement to regulate area

The scale of unregulated fishing in a disputed region close to the Falkland Islands has reached an “overwhelming” level that is threatening fish populations and the rich biodiversity of the area, politicians and environmentalists have claimed.

The “Blue Hole”, a stretch of the south Atlantic Ocean lying approximately 200 miles off the coast of Argentina and north of the Falkland Islands, is one of the only areas of sea that is not covered by a regional fishing agreement.

Continue reading...

The head of an Australian energy gentailer is unsure whether a newly-opened gas-fired power station will be able to meet its target to partially run off green hydrogen by 2025 due to a lack of supply.

The profits of the big five Western oil majors have reached nearly $300 billion since Russia invaded Ukraine two years ago, according to analysis from an NGO.

Western Australia's main grid has smashed its operational demand record as parts of the state became the hottest place on the planet over the weekend.

The post Grid demand records smashed as W.A. becomes hottest place on planet appeared first on RenewEconomy.

Ukraine has become the 29th country to sign up to Japan’s Joint Crediting Mechanism (JCM), in the hope of generating carbon credits aligned with the Paris Agreement.

Federal and WA governments finalise joint funding of $140 million to kick-start construction of infrastructure underpinning the proposed Pilbara Hydrogen Hub.

The post Governments lock in $140m for potential 5GW Pilbara green hydrogen hub appeared first on RenewEconomy.

Green anacondas are the world’s heaviest snakes, and among the longest. it’s remarkable this hidden species has slipped under the radar until now. Bryan G. Fry, Professor of Toxicology, School of the Environment, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.

Right to roam campaigners say hundreds of "open country" locations are inaccessible to the public.