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Cop15 negotiations to set this decade’s targets on nature to be split into two, with face-to-face meetings delayed until 2022

A key United Nations biodiversity summit has been delayed for a third time due to the pandemic, the Chinese environment ministry has announced, as environmentalists pledged the delay would “not mean taking our foot off the pedal”.

In a statement, the Chinese ministry of ecology and environment confirmed that Cop15, the biggest biodiversity summit in a decade, would be delayed, and that negotiations for this decade’s targets will be split into two phases so that governments can meet face-to-face in Kunming, China, in the first half of 2022.

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WCI carbon traders anticipate the August current vintage auction on Wednesday will settle below the secondary market, with some participants expecting a steeper discount than the Q2 sale despite allowance prices surging over the summer.

More than any other legislation in US history it will transform our energy system away from fossil fuels and into sustainable energy

The latest International Panel on Climate Change (IPCC) report is clear and foreboding. If the United States, China and the rest of the world do not act extremely aggressively to cut carbon emissions, the planet will face enormous and irreversible damage. The world that we will be leaving our children and future generations will be increasingly unhealthy and uninhabitable.

But we didn’t really need the IPCC to tell us that. Just take a look at what’s happening right now: A huge fire in Siberia is casting smoke for 3,000 miles. Greece: burning. California: burning. Oregon: burning. Historic flooding in Germany and Belgium. Italy just experienced the hottest European day ever. July 2021 was the hottest month ever recorded. Drought and extreme weather disturbances are cutting food production, increasing hunger and raising food prices worldwide. Rising sea levels threaten Miami, New York, Charleston and countless coastal cities around the world in the not-so-distant future.

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Australia’s carbon offset market was worth A$226 million ($164 mln) in FY2020-21, according to analysts Reputex, as pressure on major corporations to set net zero emission targets helped add 20% to total demand year-on-year.

Carbon was moderately firmer in early Wednesday trading on the back of a strong daily auction, while most European energy markets recovered from Tuesday's declines.

Mayors such as Newham’s Rokhsana Fiaz say they do not have the investment or powers they need

• Retrofitting: why carbon-reducing renovations are going to be big business

The government is failing to provide local leaders with the investment and resources they need to achieve net zero, according to the mayor of Newham.

Rokhsana Fiaz, the first woman to become a directly elected mayor of a London borough, said her council’s “appetite [to achieve net zero] is high: we’ve got the knowhow and we know where the problems are” but, she said, the government isn’t providing local leaders with what they need.

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Trading company Itochu on Wednesday announced it will develop Japan’s first mangrove project in a boost for the country’s fledgling blue carbon market.

Environmentalists call for fisheries to move away from carbon-spewing engines and harmful practices

Half the UK’s fishing fleet is at least 30 years old and uses fuel oil that is particularly polluting, according to a report that examines the outsized impact of British ships on the climate crisis.

UK fisheries are estimated to have emitted 914.4 kilotons of CO2 over a one-year period, equivalent to the annual energy use of more than 110,000 homes, the report by the Marine Conservation Society (MCS), WWF and RSPB says.

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The bittern is a ridiculous looking creature. With bonus bittern sounds!

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BHP and Woodside to merge oil and gas businesses, creating a $41bn giant. It might be good for BHP, but could be a disaster for the climate.

The post Woodside-BHP oil and gas merger “disastrous” for climate, and some shareholders appeared first on RenewEconomy.

The world's largest manufacturer of advanced EV batteries inks deal with ASX-listed miner to source mixed nickel and cobalt from its Queensland project.

The post Battery giant LG inks deal for Australian nickel and cobalt appeared first on RenewEconomy.

Solar industry faces pressure from rising import prices, shipping costs and Covid. But flexible exports offer hope for a smarter future.

The post Solar Insiders Podcast: Flexible exports and PV pricing pressures appeared first on RenewEconomy.

Queensland coal port launches study into renewable hydrogen, eyeing new export opportunities, as state plans new Renewable Energy Zones.

The post Queensland coal port pivots to renewable hydrogen as wind and solar pipeline surges appeared first on RenewEconomy.

Australian-led research breakthrough raises fresh hopes that wave power can play a large-scale and commercially viable role in the global shift to renewables.

The post Australian “dual turbine” wave power breakthrough promises to double efficiency appeared first on RenewEconomy.

Will the boom in big battery storage proposals close the door to vehicle-to-grid technologies even before they get started?

The post Will Torrens Island big battery close the door to vehicle to grid technology in Australia? appeared first on RenewEconomy.

Germany’s revised climate targets mean its exit from coal generation will need to be completed by 2030, eight years earlier than currently planned.

The post Tighter climate targets spell end of German coal by 2030, government figures suggest appeared first on RenewEconomy.

Australian clean energy innovator announces new fundraising round, as orders boom for its modular, rapid-deploying solar solution, called Maverick.

The post 5B seeks new funds as orders for its Maverick solar solution boom appeared first on RenewEconomy.

These phallic, burrowing invertebrates are certainly worth your time as integral and fascinating members — of Australia’s marine ecosystems. Daryl McPhee, Associate Professor of Environmental Science, Bond University Licensed as Creative Commons – attribution, no derivatives.

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A US science institute is on the verge of achieving a longstanding goal in nuclear fusion research.